Period
to 22 November 2017

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in Canary Wharf. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 22 November 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Foreign Exchange (FX)
Tower Hamlets > Canary Wharf
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 26 24 39
Rank change year-on-year -2 +15 -10
Contract jobs citing Foreign Exchange (FX) 19 16 8
As % of all contract IT jobs advertised in Canary Wharf 6.67% 5.11% 2.16%
As % of the Miscellaneous category 12.42% 11.35% 5.06%
Number of daily rates quoted 17 8 4
Canary Wharf median daily rate £625 £500 £525
Median daily rate % change year-on-year +25.00% -4.76% -2.33%
10th Percentile £466 £363 £460
90th Percentile £740 £633 £621
Tower Hamlets median daily rate £625 £500 £525
% change year-on-year +25.00% -4.76% +5.00%
Number of hourly rates quoted 0 0 0
Canary Wharf median hourly rate - - -
Tower Hamlets median hourly rate - - -

Foreign Exchange (FX) is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Canary Wharf with a requirement for generic IT skills.

All Generic IT Skills
Canary Wharf
Contract vacancies with a requirement for generic IT skills 153 141 158
As % of all contract IT jobs advertised in Canary Wharf 53.68% 45.05% 42.59%
Number of daily rates quoted 115 89 111
Canary Wharf median daily rate £500 £438 £475
Median daily rate % change year-on-year +14.29% -7.89% +18.75%
10th Percentile £281 £293 £275
90th Percentile £665 £640 £600
Tower Hamlets median daily rate £500 £450 £500
% change year-on-year +11.11% -10.00% +17.65%
Number of hourly rates quoted 1 1 1
Canary Wharf median hourly rate £15.50 £12.00 £35.75
Median hourly rate % change year-on-year +29.17% -66.43% +98.61%
10th Percentile £13.75 £12.00 £31.63
90th Percentile £17.25 £12.00 £39.88
Tower Hamlets median hourly rate £15.50 £12.00 £35.75
% change year-on-year +29.17% -66.43% +98.61%

Foreign Exchange (FX)
Job Vacancy Trend in Canary Wharf

Job postings citing Foreign Exchange (FX) as a percentage of all IT jobs advertised in Canary Wharf.

Job vacancy trend for Foreign Exchange (FX) in Canary Wharf

Foreign Exchange (FX)
Contractor Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Foreign Exchange (FX) in Canary Wharf.

Contractor daily rate trend for Foreign Exchange (FX) in Canary Wharf

Foreign Exchange (FX)
Contractor Daily Rate Histogram in Canary Wharf

The daily rate distribution of IT jobs citing Foreign Exchange (FX) in Canary Wharf over the 6 months to 22 November 2017.

Contractor daily rate histogram for Foreign Exchange (FX) in Canary Wharf

Foreign Exchange (FX)
Contractor Hourly Rate Trend in Canary Wharf

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Foreign Exchange (FX) in Canary Wharf.

Contractor hourly rate trend for Foreign Exchange (FX) in Canary Wharf

For the 6 months to 22 November 2017, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for Foreign Exchange (FX).

1 14 (73.68%) Banking
2 9 (47.37%) Java
2 9 (47.37%) Electronic Trading
3 8 (42.11%) Multithreading
3 8 (42.11%) Front Office
4 7 (36.84%) Investment Banking
4 7 (36.84%) Algorithmic Trading
4 7 (36.84%) Low Latency
5 5 (26.32%) Agile Software Development
5 5 (26.32%) Swing
6 4 (21.05%) Linux
7 3 (15.79%) C++
7 3 (15.79%) SQL
7 3 (15.79%) Equities
7 3 (15.79%) Finance
7 3 (15.79%) Fixed Income
7 3 (15.79%) SDLC
7 3 (15.79%) KDB
8 2 (10.53%) AngularJS
8 2 (10.53%) Analytical Skills
8 2 (10.53%) Market Making
8 2 (10.53%) Systematic Trading
8 2 (10.53%) Solace
8 2 (10.53%) Test Automation
8 2 (10.53%) FIX Protocol
8 2 (10.53%) Business Analysis
8 2 (10.53%) Derivative
8 2 (10.53%) XML
8 2 (10.53%) OO
8 2 (10.53%) Unix

Foreign Exchange (FX)
Co-occurring IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Database & Business Intelligence
1 3 (15.79%) KDB
2 1 (5.26%) Data Warehouse
2 1 (5.26%) Kdb+
2 1 (5.26%) Relational Database
Development Applications
1 1 (5.26%) Gradle
1 1 (5.26%) IntelliJ
1 1 (5.26%) JIRA
1 1 (5.26%) JUnit
General
1 14 (73.68%) Banking
2 8 (42.11%) Front Office
3 7 (36.84%) Investment Banking
4 3 (15.79%) Finance
5 1 (5.26%) Financial Institution
5 1 (5.26%) Prime Brokerage
Job Titles
1 12 (63.16%) Developer
2 8 (42.11%) Java Developer
3 6 (31.58%) Electronic Trading Developer
3 6 (31.58%) Electronic Trading Java Developer
4 5 (26.32%) Java Swing Developer
5 3 (15.79%) Analyst
6 2 (10.53%) Business Analyst
6 2 (10.53%) C++ Developer
6 2 (10.53%) Consultant
6 2 (10.53%) Derivatives Business Analyst
6 2 (10.53%) FX Business Analyst
6 2 (10.53%) Investment Banking Java Developer
6 2 (10.53%) Payments Consultant
6 2 (10.53%) Senior Consultant
6 2 (10.53%) Senior Developer
6 2 (10.53%) Senior Payments Consultant
7 1 (5.26%) Angular Developer
7 1 (5.26%) HTML Developer
7 1 (5.26%) JavaScript Developer
7 1 (5.26%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 5 (26.32%) Swing
2 2 (10.53%) AngularJS
2 2 (10.53%) FIX Protocol
2 2 (10.53%) Middleware
2 2 (10.53%) XML
3 1 (5.26%) HTML
3 1 (5.26%) HTML5
3 1 (5.26%) Ultra Messaging
3 1 (5.26%) XML Messaging
Miscellaneous
1 3 (15.79%) Equities
1 3 (15.79%) Fixed Income
2 2 (10.53%) Analytical Skills
2 2 (10.53%) Derivative
3 1 (5.26%) Computer Science
3 1 (5.26%) Grid Computing
3 1 (5.26%) Management Information System
3 1 (5.26%) PMI
3 1 (5.26%) User Experience
Operating Systems
1 4 (21.05%) Linux
2 2 (10.53%) Unix
3 1 (5.26%) Solaris
Processes & Methodologies
1 9 (47.37%) Electronic Trading
2 8 (42.11%) Multithreading
3 7 (36.84%) Algorithmic Trading
3 7 (36.84%) Low Latency
4 5 (26.32%) Agile Software Development
5 3 (15.79%) SDLC
6 2 (10.53%) Business Analysis
6 2 (10.53%) Market Making
6 2 (10.53%) OO
6 2 (10.53%) Systematic Trading
6 2 (10.53%) Test Automation
7 1 (5.26%) Agile Testing
7 1 (5.26%) Analytics
7 1 (5.26%) BDD
7 1 (5.26%) Continuous Improvement
7 1 (5.26%) Data Analytics
7 1 (5.26%) High Availability
7 1 (5.26%) Non-Functional Testing
7 1 (5.26%) Performance Tuning
7 1 (5.26%) Test Strategy
Programming Languages
1 9 (47.37%) Java
2 3 (15.79%) C++
2 3 (15.79%) SQL
3 1 (5.26%) C
3 1 (5.26%) JavaScript
3 1 (5.26%) Scala
3 1 (5.26%) T-SQL
3 1 (5.26%) TypeScript
Qualifications
1 1 (5.26%) Computer Science Degree
1 1 (5.26%) Degree
1 1 (5.26%) ISEB
1 1 (5.26%) ISEB Practitioner
1 1 (5.26%) PMI Certification
Quality Assurance & Compliance
1 1 (5.26%) MiFID
1 1 (5.26%) Sarbanes-Oxley
Systems Management
1 1 (5.26%) HP Quality Center
Vendors
1 2 (10.53%) Solace
2 1 (5.26%) Talarian
2 1 (5.26%) TIBCO