Period
to 19 June 2019

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 19 June 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)
Central London > City of London
6 months to
19 Jun 2019
Same period 2018 Same period 2017
Rank 136 92 64
Rank change year-on-year -44 -28 -13
Contract jobs citing Foreign Exchange (FX) 100 189 222
As % of all contract IT jobs advertised in the City of London 1.55% 2.74% 3.58%
As % of the Miscellaneous category 4.51% 6.75% 9.30%
Number of daily rates quoted 86 171 184
City of London median daily rate £650 £650 £600
Median daily rate % change year-on-year - +8.33% -
10th Percentile £513 £500 £456
90th Percentile £763 £838 £709
Central London median daily rate £650 £650 £600
% change year-on-year - +8.33% -
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London 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 the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 2,219 2,801 2,387
As % of all contract IT jobs advertised in the City of London 34.45% 40.61% 38.47%
Number of daily rates quoted 1,613 2,151 1,799
City of London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £350 £313 £306
90th Percentile £688 £725 £675
Central London median daily rate £525 £520 £500
% change year-on-year +0.96% +4.00% +5.26%
Number of hourly rates quoted 46 49 22
City of London median hourly rate £20.25 £21.25 £18.85
Median hourly rate % change year-on-year -4.71% +12.73% -0.79%
10th Percentile £11.25 £13.30 £12.52
90th Percentile £47.99 £50.10 £29.77
Central London median hourly rate £20.50 £20.00 £17.00
% change year-on-year +2.50% +17.65% -10.53%

Foreign Exchange (FX)
Job Vacancy Trend in the City of London

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

Job vacancy trend for Foreign Exchange (FX) in the City of London

Foreign Exchange (FX)
Contractor Daily Rate Trend in the City of London

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

Contractor daily rate trend for Foreign Exchange (FX) in the City of London

Foreign Exchange (FX)
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Foreign Exchange (FX) in the City of London over the 6 months to 19 June 2019.

Contractor daily rate histogram for Foreign Exchange (FX) in the City of London

Foreign Exchange (FX)
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Foreign Exchange (FX) in the City of London

Foreign Exchange (FX)
Contract Job Locations in the City of 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 City of London region over the 6 months to 19 June 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
London Bridge - 20 £525 -
Foreign Exchange (FX)
Central London

For the 6 months to 19 June 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 City of London region with a requirement for Foreign Exchange (FX).

1 66 (66.00%) Finance
2 42 (42.00%) Java
3 34 (34.00%) Front Office
4 33 (33.00%) Banking
5 27 (27.00%) Python
6 22 (22.00%) Agile Software Development
6 22 (22.00%) Apache Spark
7 21 (21.00%) Low Latency
7 21 (21.00%) Multithreading
8 20 (20.00%) Elasticsearch
8 20 (20.00%) Splunk
8 20 (20.00%) NumPy
8 20 (20.00%) Pandas
8 20 (20.00%) PySpark
9 18 (18.00%) Equities
10 13 (13.00%) Electronic Trading
11 12 (12.00%) Test Automation
12 10 (10.00%) Fixed Income
13 9 (9.00%) C#
13 9 (9.00%) Investment Banking
14 8 (8.00%) Fintech
14 8 (8.00%) Spring
14 8 (8.00%) Derivative
14 8 (8.00%) QA
14 8 (8.00%) Risk Management
14 8 (8.00%) Java 8
15 7 (7.00%) C++
15 7 (7.00%) HTML
15 7 (7.00%) J2SE
15 7 (7.00%) Mathematics

Foreign Exchange (FX)
Co-occurring IT Skills in the City of 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 22 (22.00%) Apache Spark
2 20 (20.00%) Elasticsearch
3 1 (1.00%) Apache
3 1 (1.00%) Confluence
3 1 (1.00%) Oracle Coherence
Applications
1 1 (1.00%) Microsoft Excel
1 1 (1.00%) Microsoft Office
Business Applications
1 2 (2.00%) Distributed Ledger
2 1 (1.00%) ION MarketView
Cloud Services
1 3 (3.00%) GitHub
2 2 (2.00%) Amazon AWS
2 2 (2.00%) Cloud Computing
2 2 (2.00%) Google Cloud Platform
2 2 (2.00%) Microsoft Azure
3 1 (1.00%) Apigee
3 1 (1.00%) SaaS
Communications & Networking
1 1 (1.00%) SSL
Database & Business Intelligence
1 4 (4.00%) SQL Server
2 3 (3.00%) Big Data
2 3 (3.00%) KDB
2 3 (3.00%) NoSQL
3 1 (1.00%) Apache Cassandra
3 1 (1.00%) Apache Ignite
3 1 (1.00%) Hazelcast
3 1 (1.00%) Relational Database
3 1 (1.00%) SQL Server Analysis Services
Development Applications
1 4 (4.00%) Jenkins
2 3 (3.00%) webpack
3 2 (2.00%) Cucumber
3 2 (2.00%) Maven
4 1 (1.00%) Bitbucket
4 1 (1.00%) Hudson
4 1 (1.00%) JIRA
General
1 66 (66.00%) Finance
2 34 (34.00%) Front Office
3 33 (33.00%) Banking
4 9 (9.00%) Investment Banking
5 4 (4.00%) Financial Institution
6 3 (3.00%) Retail
7 1 (1.00%) Advertising
7 1 (1.00%) Prime Brokerage
Job Titles
1 74 (74.00%) Developer
2 37 (37.00%) Java Developer
3 21 (21.00%) Python Developer
4 12 (12.00%) Senior Developer
5 9 (9.00%) Electronic Trading Developer
5 9 (9.00%) Electronic Trading Java Developer
6 7 (7.00%) Front Office Developer
6 7 (7.00%) Senior Java Developer
7 5 (5.00%) Analyst
8 4 (4.00%) Business Analyst
8 4 (4.00%) Quantitative Developer
9 3 (3.00%) Architect
9 3 (3.00%) C# Developer
9 3 (3.00%) Commodities Java Developer
9 3 (3.00%) Front End Developer (Client-Side Developer)
9 3 (3.00%) Product Manager
9 3 (3.00%) QA Leader
9 3 (3.00%) Senior Front-End Developer
10 2 (2.00%) Asset Management Analyst
10 2 (2.00%) Banking Project Manager
Libraries, Frameworks & Software Standards
1 20 (20.00%) NumPy
1 20 (20.00%) Pandas
1 20 (20.00%) PySpark
2 8 (8.00%) Spring
3 7 (7.00%) HTML
3 7 (7.00%) J2SE
4 6 (6.00%) HTML5
5 5 (5.00%) FIX Protocol
5 5 (5.00%) Hibernate
5 5 (5.00%) Spring Boot
6 4 (4.00%) CSS
6 4 (4.00%) React
6 4 (4.00%) WebSockets
7 3 (3.00%) AngularJS
7 3 (3.00%) Middleware
7 3 (3.00%) Node.js
7 3 (3.00%) Redux
7 3 (3.00%) REST
7 3 (3.00%) WPF
8 2 (2.00%) CSS3
Miscellaneous
1 18 (18.00%) Equities
2 10 (10.00%) Fixed Income
3 8 (8.00%) Derivative
4 7 (7.00%) Analytical Skills
5 4 (4.00%) Greenfield Project
6 3 (3.00%) Data Protection Act
6 3 (3.00%) SWIFT
7 2 (2.00%) Credit Risk
7 2 (2.00%) OTC Derivatives
7 2 (2.00%) User Experience
8 1 (1.00%) Contract for Difference
8 1 (1.00%) Enterprise Software
8 1 (1.00%) Equity Derivative
8 1 (1.00%) PKI
8 1 (1.00%) Public Cloud
8 1 (1.00%) Spread Betting
8 1 (1.00%) Virtual Team
Operating Systems
1 4 (4.00%) Linux
2 1 (1.00%) Unix
2 1 (1.00%) Windows
Processes & Methodologies
1 22 (22.00%) Agile Software Development
2 21 (21.00%) Low Latency
2 21 (21.00%) Multithreading
3 13 (13.00%) Electronic Trading
4 12 (12.00%) Test Automation
5 8 (8.00%) Fintech
5 8 (8.00%) Risk Management
6 7 (7.00%) Algorithmic Trading
6 7 (7.00%) Mathematics
6 7 (7.00%) Microservices
7 6 (6.00%) BDD
8 5 (5.00%) Concurrent Programming
8 5 (5.00%) SDLC
8 5 (5.00%) User Acceptance Testing
9 4 (4.00%) PRINCE2
9 4 (4.00%) Project Management
9 4 (4.00%) Regression Testing
9 4 (4.00%) Scrum
9 4 (4.00%) Software Engineering
9 4 (4.00%) TDD
Programming Languages
1 42 (42.00%) Java
2 27 (27.00%) Python
3 9 (9.00%) C#
4 8 (8.00%) Java 8
5 7 (7.00%) C++
6 5 (5.00%) JavaScript
7 3 (3.00%) ES6
7 3 (3.00%) Scala
8 2 (2.00%) Shell Script
8 2 (2.00%) SQL
9 1 (1.00%) Bash Shell
9 1 (1.00%) C
9 1 (1.00%) Java 9
9 1 (1.00%) VBA
Qualifications
1 4 (4.00%) Degree
1 4 (4.00%) PhD
2 2 (2.00%) Computer Science Degree
2 2 (2.00%) PMI Certification
2 2 (2.00%) PMP
Quality Assurance & Compliance
1 8 (8.00%) QA
2 2 (2.00%) SEPA
System Software
1 1 (1.00%) Apache ZooKeeper
1 1 (1.00%) Docker
Systems Management
1 2 (2.00%) Kubernetes
2 1 (1.00%) Ansible
2 1 (1.00%) Istio
2 1 (1.00%) Opscode Chef
Vendors
1 20 (20.00%) Splunk
2 4 (4.00%) FXall
3 2 (2.00%) Microsoft
3 2 (2.00%) Murex
3 2 (2.00%) StreamBase
4 1 (1.00%) Google
4 1 (1.00%) ION Trading
4 1 (1.00%) TIBCO