Period
to 20 July 2019

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 20 July 2019 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)
London > Central London
6 months to
20 Jul 2019
Same period 2018 Same period 2017
Rank 185 116 78
Rank change year-on-year -69 -38 -1
Contract jobs citing Foreign Exchange (FX) 97 211 241
As % of all contract IT jobs advertised in Central London 1.12% 2.26% 3.16%
As % of the Miscellaneous category 3.32% 5.72% 8.08%
Number of daily rates quoted 85 190 193
Central London median daily rate £650 £650 £600
Median daily rate % change year-on-year - +8.33% -
10th Percentile £468 £461 £456
90th Percentile £763 £838 £710
London median daily rate £650 £650 £600
% change year-on-year - +8.33% -
Number of hourly rates quoted 0 0 0
Central London median hourly rate - - -
London median hourly rate - £24.00 £40.00
% change year-on-year - -40.00% -15.79%

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 Central London with a requirement for generic IT skills.

All Generic IT Skills
Central London
Contract vacancies with a requirement for generic IT skills 2,923 3,688 2,981
As % of all contract IT jobs advertised in Central London 33.77% 39.45% 39.12%
Number of daily rates quoted 2,158 2,781 2,222
Central London median daily rate £525 £520 £500
Median daily rate % change year-on-year +0.96% +4.00% +5.26%
10th Percentile £330 £313 £300
90th Percentile £675 £713 £675
London median daily rate £525 £505 £500
% change year-on-year +3.96% +1.00% +5.26%
Number of hourly rates quoted 54 63 36
Central London median hourly rate £20.75 £20.00 £17.85
Median hourly rate % change year-on-year +3.75% +12.06% -6.07%
10th Percentile £11.25 £13.25 £12.51
90th Percentile £50.61 £43.40 £29.88
London median hourly rate £24.50 £22.50 £21.70
% change year-on-year +8.89% +3.69% +8.50%

Foreign Exchange (FX)
Job Vacancy Trend in Central London

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

Job vacancy trend for Foreign Exchange (FX) in Central London

Foreign Exchange (FX)
Contractor Daily Rate Trend in Central London

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

Contractor daily rate trend for Foreign Exchange (FX) in Central London

Foreign Exchange (FX)
Contractor Daily Rate Histogram in Central London

The daily rate distribution of IT jobs citing Foreign Exchange (FX) in Central London over the 6 months to 20 July 2019.

Contractor daily rate histogram for Foreign Exchange (FX) in Central London

Foreign Exchange (FX)
Contractor Hourly Rate Trend in Central London

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

Contractor hourly rate trend for Foreign Exchange (FX) in Central London

Foreign Exchange (FX)
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the Central London region over the 6 months to 20 July 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -60 96 £643 -1.15% 42
Southwark - 15 £525 -
Foreign Exchange (FX)
London

For the 6 months to 20 July 2019, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for Foreign Exchange (FX).

1 67 (69.07%) Finance
2 43 (44.33%) Java
3 34 (35.05%) Front Office
4 32 (32.99%) Banking
5 23 (23.71%) Equities
6 22 (22.68%) Agile Software Development
6 22 (22.68%) Python
7 21 (21.65%) Low Latency
8 18 (18.56%) Apache Spark
8 18 (18.56%) Multithreading
9 15 (15.46%) Fixed Income
9 15 (15.46%) NumPy
9 15 (15.46%) Splunk
9 15 (15.46%) Elasticsearch
9 15 (15.46%) Pandas
9 15 (15.46%) PySpark
10 14 (14.43%) Electronic Trading
11 12 (12.37%) Investment Banking
12 9 (9.28%) FIX Protocol
12 9 (9.28%) Test Automation
12 9 (9.28%) Java 8
13 8 (8.25%) Algorithmic Trading
13 8 (8.25%) QA
13 8 (8.25%) Spring
13 8 (8.25%) TDD
13 8 (8.25%) JavaScript
13 8 (8.25%) C++
14 7 (7.22%) C#
14 7 (7.22%) J2SE
14 7 (7.22%) Risk Management

Foreign Exchange (FX)
Co-occurring IT Skills in Central London 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:

Application Platforms
1 18 (18.56%) Apache Spark
2 15 (15.46%) Elasticsearch
3 4 (4.12%) Confluence
4 1 (1.03%) Apache
4 1 (1.03%) Oracle Coherence
Applications
1 4 (4.12%) Microsoft Office
2 2 (2.06%) Microsoft Excel
3 1 (1.03%) Microsoft PowerPoint
3 1 (1.03%) MS Visio
Business Applications
1 1 (1.03%) Distributed Ledger
1 1 (1.03%) ION MarketView
Cloud Services
1 2 (2.06%) GitHub
2 1 (1.03%) Amazon AWS
2 1 (1.03%) Apigee
2 1 (1.03%) Cloud Computing
2 1 (1.03%) Google Cloud Platform
2 1 (1.03%) Microsoft Azure
Communications & Networking
1 1 (1.03%) SSL
Database & Business Intelligence
1 5 (5.15%) Big Data
2 3 (3.09%) SQL Server
3 2 (2.06%) Hadoop
3 2 (2.06%) NoSQL
3 2 (2.06%) Relational Database
4 1 (1.03%) Apache Cassandra
4 1 (1.03%) Apache Ignite
4 1 (1.03%) Hazelcast
4 1 (1.03%) KDB
4 1 (1.03%) SQL Server Analysis Services
Development Applications
1 7 (7.22%) JIRA
2 3 (3.09%) webpack
3 2 (2.06%) TeamCity
4 1 (1.03%) Bitbucket
4 1 (1.03%) Cucumber
4 1 (1.03%) Hudson
4 1 (1.03%) Jenkins
4 1 (1.03%) Maven
4 1 (1.03%) Selenium
4 1 (1.03%) Sonatype Nexus
4 1 (1.03%) SpecFlow
4 1 (1.03%) WebDriver
4 1 (1.03%) YourKit
General
1 67 (69.07%) Finance
2 34 (35.05%) Front Office
3 32 (32.99%) Banking
4 12 (12.37%) Investment Banking
5 5 (5.15%) Financial Institution
6 1 (1.03%) Advertising
6 1 (1.03%) Back Office
6 1 (1.03%) Prime Brokerage
6 1 (1.03%) Retail
Job Titles
1 66 (68.04%) Developer
2 37 (38.14%) Java Developer
3 16 (16.49%) Python Developer
4 11 (11.34%) Analyst
4 11 (11.34%) Senior Developer
5 7 (7.22%) Electronic Trading Developer
5 7 (7.22%) Electronic Trading Java Developer
5 7 (7.22%) Senior Java Developer
6 6 (6.19%) Business Analyst
7 5 (5.15%) Front Office Developer
8 4 (4.12%) Front End Developer (Client-Side Developer)
8 4 (4.12%) Quantitative Developer
9 3 (3.09%) Architect
9 3 (3.09%) C# Developer
9 3 (3.09%) Commodities Java Developer
9 3 (3.09%) FIX Analyst
9 3 (3.09%) Java Scala Developer
9 3 (3.09%) QA Leader
9 3 (3.09%) Scala Developer
9 3 (3.09%) Senior Front-End Developer
Libraries, Frameworks & Software Standards
1 15 (15.46%) NumPy
1 15 (15.46%) Pandas
1 15 (15.46%) PySpark
2 9 (9.28%) FIX Protocol
3 8 (8.25%) Spring
4 7 (7.22%) J2SE
5 6 (6.19%) React
5 6 (6.19%) Spring Boot
6 5 (5.15%) CSS
6 5 (5.15%) Hibernate
6 5 (5.15%) HTML
7 4 (4.12%) AngularJS
7 4 (4.12%) HTML5
7 4 (4.12%) Redux
8 3 (3.09%) Middleware
9 2 (2.06%) CSS3
9 2 (2.06%) RxJS
9 2 (2.06%) WebSockets
9 2 (2.06%) WPF
10 1 (1.03%) Reactive Extensions
Miscellaneous
1 23 (23.71%) Equities
2 15 (15.46%) Fixed Income
3 7 (7.22%) Data Protection Act
3 7 (7.22%) Derivative
3 7 (7.22%) Greenfield Project
4 4 (4.12%) Analytical Skills
5 3 (3.09%) SWIFT
6 2 (2.06%) Credit Risk
6 2 (2.06%) OTC Derivatives
7 1 (1.03%) Contract for Difference
7 1 (1.03%) Enterprise Software
7 1 (1.03%) Equity Derivative
7 1 (1.03%) Hedge funds
7 1 (1.03%) PKI
7 1 (1.03%) Spread Betting
7 1 (1.03%) Virtual Team
Operating Systems
1 4 (4.12%) Linux
1 4 (4.12%) Unix
1 4 (4.12%) Windows
Processes & Methodologies
1 22 (22.68%) Agile Software Development
2 21 (21.65%) Low Latency
3 18 (18.56%) Multithreading
4 14 (14.43%) Electronic Trading
5 9 (9.28%) Test Automation
6 8 (8.25%) Algorithmic Trading
6 8 (8.25%) TDD
7 7 (7.22%) Data Protection
7 7 (7.22%) Fintech
7 7 (7.22%) Risk Management
8 6 (6.19%) Microservices
8 6 (6.19%) User Acceptance Testing
9 5 (5.15%) Concurrent Programming
9 5 (5.15%) Mathematics
9 5 (5.15%) Waterfall
10 4 (4.12%) Analytics
10 4 (4.12%) BDD
10 4 (4.12%) Front End Development
10 4 (4.12%) High Availability
10 4 (4.12%) Time Management
Programming Languages
1 43 (44.33%) Java
2 22 (22.68%) Python
3 9 (9.28%) Java 8
4 8 (8.25%) C++
4 8 (8.25%) JavaScript
5 7 (7.22%) C#
6 6 (6.19%) Scala
6 6 (6.19%) SQL
7 3 (3.09%) AWK
7 3 (3.09%) C-shell
7 3 (3.09%) ES6
7 3 (3.09%) Perl
8 2 (2.06%) Shell Script
9 1 (1.03%) Bash Shell
9 1 (1.03%) C
9 1 (1.03%) Java 9
9 1 (1.03%) TypeScript
9 1 (1.03%) VBA
Qualifications
1 7 (7.22%) Degree
2 3 (3.09%) HNC
2 3 (3.09%) HND
2 3 (3.09%) PhD
3 2 (2.06%) Computer Science Degree
3 2 (2.06%) PMI Certification
3 2 (2.06%) PMP
Quality Assurance & Compliance
1 8 (8.25%) QA
2 3 (3.09%) MiFID
3 2 (2.06%) SEPA
4 1 (1.03%) Data Quality
System Software
1 1 (1.03%) Apache ZooKeeper
1 1 (1.03%) Docker
Systems Management
1 2 (2.06%) Kubernetes
2 1 (1.03%) Ansible
2 1 (1.03%) HP Quality Center
2 1 (1.03%) Istio
2 1 (1.03%) Opscode Chef
Vendors
1 15 (15.46%) Splunk
2 3 (3.09%) Murex
3 2 (2.06%) FXall
3 2 (2.06%) StreamBase
4 1 (1.03%) Google
4 1 (1.03%) HP
4 1 (1.03%) ION Trading
4 1 (1.03%) Microsoft
4 1 (1.03%) Oracle
4 1 (1.03%) Sybase
4 1 (1.03%) TIBCO