Period
to 22 September 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 22 September 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
22 Sep 2019
Same period 2018 Same period 2017
Rank 135 84 59
Rank change year-on-year -51 -25 +24
Contract jobs citing Foreign Exchange (FX) 95 205 267
As % of all contract IT jobs advertised in the City of London 1.54% 2.96% 3.94%
As % of the Miscellaneous category 4.89% 7.34% 9.60%
Number of daily rates quoted 76 186 221
City of London median daily rate £650 £625 £600
Median daily rate % change year-on-year +4.00% +4.17% -
10th Percentile £350 £494 £425
90th Percentile £775 £813 £800
Central London median daily rate £650 £625 £600
% change year-on-year +4.00% +4.17% +1.05%
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 1,943 2,793 2,780
As % of all contract IT jobs advertised in the City of London 31.51% 40.31% 40.99%
Number of daily rates quoted 1,463 2,161 2,098
City of London median daily rate £525 £525 £525
10th Percentile £313 £313 £314
90th Percentile £688 £720 £700
Central London median daily rate £525 £513 £525
% change year-on-year +2.44% -2.38% +10.53%
Number of hourly rates quoted 38 52 32
City of London median hourly rate £20.00 £19.38 £20.83
Median hourly rate % change year-on-year +3.23% -6.97% +9.62%
10th Percentile £11.25 £13.31 £12.89
90th Percentile £52.53 £37.09 £33.25
Central London median hourly rate £20.00 £19.50 £19.00
% change year-on-year +2.56% +2.63% +9.35%

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 22 September 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 22 September 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 -23 3 £525 -4.55%
Foreign Exchange (FX)
Central London

For the 6 months to 22 September 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 61 (64.21%) Finance
2 46 (48.42%) Java
2 46 (48.42%) Front Office
3 36 (37.89%) Banking
4 33 (34.74%) Agile Software Development
5 26 (27.37%) Equities
6 24 (25.26%) Low Latency
7 23 (24.21%) Fixed Income
8 22 (23.16%) Electronic Trading
9 21 (22.11%) Python
10 18 (18.95%) Investment Banking
11 15 (15.79%) C#
11 15 (15.79%) Multithreading
12 14 (14.74%) JIRA
12 14 (14.74%) FIX Protocol
12 14 (14.74%) Greenfield Project
13 13 (13.68%) TeamCity
14 12 (12.63%) C++
14 12 (12.63%) Degree
15 10 (10.53%) JavaScript
15 10 (10.53%) SQL
15 10 (10.53%) Analytics
15 10 (10.53%) Confluence
15 10 (10.53%) SDLC
16 9 (9.47%) Derivative
16 9 (9.47%) QA
16 9 (9.47%) E-Commerce
17 8 (8.42%) Computer Science
17 8 (8.42%) Test Automation
17 8 (8.42%) User Acceptance Testing

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 10 (10.53%) Confluence
2 5 (5.26%) Apache Spark
3 3 (3.16%) Elasticsearch
4 1 (1.05%) IBM HTTP Server
Applications
1 5 (5.26%) Microsoft Office
2 3 (3.16%) Microsoft Excel
2 3 (3.16%) MS Visio
3 2 (2.11%) Microsoft PowerPoint
Business Applications
1 3 (3.16%) ION MarketView
Cloud Services
1 7 (7.37%) GitHub
2 4 (4.21%) Azure
3 3 (3.16%) GCP
4 2 (2.11%) Amazon ECS
4 2 (2.11%) AWS
4 2 (2.11%) AWS CloudFormation
4 2 (2.11%) Cloud Computing
4 2 (2.11%) Route 53
4 2 (2.11%) Virtual Private Cloud
5 1 (1.05%) Apigee
Communications & Networking
1 2 (2.11%) Firewall
2 1 (1.05%) SSL
Database & Business Intelligence
1 7 (7.37%) KDB
2 5 (5.26%) Big Data
2 5 (5.26%) Kdb+
2 5 (5.26%) SQL Server
3 2 (2.11%) Hadoop
3 2 (2.11%) Relational Database
4 1 (1.05%) Apache Cassandra
4 1 (1.05%) NoSQL
Development Applications
1 14 (14.74%) JIRA
2 13 (13.68%) TeamCity
3 6 (6.32%) Sonatype Nexus
3 6 (6.32%) YourKit
4 5 (5.26%) Git (software)
4 5 (5.26%) Maven
5 2 (2.11%) CircleCI
5 2 (2.11%) Jenkins
6 1 (1.05%) Bitbucket
6 1 (1.05%) Octopus Deploy
6 1 (1.05%) SpecFlow
General
1 61 (64.21%) Finance
2 46 (48.42%) Front Office
3 36 (37.89%) Banking
4 18 (18.95%) Investment Banking
5 4 (4.21%) Financial Institution
6 3 (3.16%) Back Office
7 2 (2.11%) Retail
8 1 (1.05%) Advertising
8 1 (1.05%) International Banking
8 1 (1.05%) Prime Brokerage
Job Titles
1 58 (61.05%) Developer
2 28 (29.47%) Java Developer
3 19 (20.00%) Analyst
4 13 (13.68%) Senior Developer
5 11 (11.58%) Quantitative Developer
6 8 (8.42%) Senior Java Developer
7 7 (7.37%) Business Analyst
8 5 (5.26%) KDB Developer
8 5 (5.26%) Qualitative Analyst
8 5 (5.26%) Quantitative Analyst
8 5 (5.26%) Quantitative Risk Analyst
8 5 (5.26%) Risk Analyst
9 4 (4.21%) C# Developer
9 4 (4.21%) Developer Analyst
9 4 (4.21%) Electronic Trading Developer
9 4 (4.21%) Electronic Trading Java Developer
9 4 (4.21%) JavaScript Developer
9 4 (4.21%) Python Developer
9 4 (4.21%) Quantitative Analyst Developer
9 4 (4.21%) React Developer
Libraries, Frameworks & Software Standards
1 14 (14.74%) FIX Protocol
2 7 (7.37%) React
2 7 (7.37%) Spring
3 6 (6.32%) J2SE
4 5 (5.26%) Hibernate
5 4 (4.21%) HTML
5 4 (4.21%) HTML5
5 4 (4.21%) Spring Boot
6 3 (3.16%) AngularJS
6 3 (3.16%) CSS
6 3 (3.16%) Middleware
6 3 (3.16%) NumPy
6 3 (3.16%) Pandas
6 3 (3.16%) PySpark
7 2 (2.11%) JNI
7 2 (2.11%) Kafka
7 2 (2.11%) WPF
8 1 (1.05%) JAX-RS
8 1 (1.05%) React Native
8 1 (1.05%) Redux
Miscellaneous
1 26 (27.37%) Equities
2 23 (24.21%) Fixed Income
3 14 (14.74%) Greenfield Project
4 9 (9.47%) Derivative
5 7 (7.37%) Credit Risk
6 6 (6.32%) Analytical Skills
7 5 (5.26%) Market Risk
8 4 (4.21%) iPad
9 2 (2.11%) Hedge funds
9 2 (2.11%) SWIFT
9 2 (2.11%) User Experience
10 1 (1.05%) Algorithms
10 1 (1.05%) Contract for Difference
10 1 (1.05%) Data Structures
10 1 (1.05%) Enterprise Software
10 1 (1.05%) Equity Derivative
10 1 (1.05%) OTC Derivatives
10 1 (1.05%) Self-Motivation
10 1 (1.05%) Spread Betting
10 1 (1.05%) Wiki
Operating Systems
1 5 (5.26%) Unix
2 4 (4.21%) Linux
2 4 (4.21%) Windows
Processes & Methodologies
1 33 (34.74%) Agile Software Development
2 24 (25.26%) Low Latency
3 22 (23.16%) Electronic Trading
4 15 (15.79%) Multithreading
5 10 (10.53%) Analytics
5 10 (10.53%) SDLC
6 9 (9.47%) E-Commerce
7 8 (8.42%) Computer Science
7 8 (8.42%) Test Automation
7 8 (8.42%) User Acceptance Testing
8 7 (7.37%) Prototyping
8 7 (7.37%) Stakeholder Management
8 7 (7.37%) Unit Testing
9 6 (6.32%) Algorithmic Trading
9 6 (6.32%) Backtesting
9 6 (6.32%) DevOps
9 6 (6.32%) Performance Tuning
9 6 (6.32%) Problem-Solving
9 6 (6.32%) Scrum
9 6 (6.32%) Validation
Programming Languages
1 46 (48.42%) Java
2 21 (22.11%) Python
3 15 (15.79%) C#
4 12 (12.63%) C++
5 10 (10.53%) JavaScript
5 10 (10.53%) SQL
6 6 (6.32%) Java 8
6 6 (6.32%) Scala
7 3 (3.16%) AWK
7 3 (3.16%) C-shell
7 3 (3.16%) Perl
8 2 (2.11%) TypeScript
9 1 (1.05%) Bash Shell
9 1 (1.05%) C
9 1 (1.05%) Java 9
9 1 (1.05%) PowerShell
9 1 (1.05%) Shell Script
9 1 (1.05%) VBA
Qualifications
1 12 (12.63%) Degree
2 3 (3.16%) HNC
2 3 (3.16%) HND
3 2 (2.11%) CISSP
3 2 (2.11%) Computer Science Degree
3 2 (2.11%) ISEB
3 2 (2.11%) ISTQB
3 2 (2.11%) ITIL Certification
3 2 (2.11%) PhD
4 1 (1.05%) PMI Certification
4 1 (1.05%) PMP
Quality Assurance & Compliance
1 9 (9.47%) QA
2 3 (3.16%) MiFID
3 2 (2.11%) Data Quality
3 2 (2.11%) NIST
3 2 (2.11%) NIST 800
4 1 (1.05%) SEPA
System Software
1 3 (3.16%) Docker
2 1 (1.05%) Apache ZooKeeper
Systems Management
1 3 (3.16%) Ansible
2 2 (2.11%) Kubernetes
2 2 (2.11%) Terraform
3 1 (1.05%) HP Quality Center
3 1 (1.05%) Istio
3 1 (1.05%) Opscode Chef
Vendors
1 3 (3.16%) ION Trading
1 3 (3.16%) Splunk
1 3 (3.16%) Sybase
2 2 (2.11%) Microsoft
2 2 (2.11%) Oracle
2 2 (2.11%) Reuters
3 1 (1.05%) Google
3 1 (1.05%) HP
3 1 (1.05%) Murex
3 1 (1.05%) SAP
3 1 (1.05%) ServiceNow
3 1 (1.05%) StreamBase
3 1 (1.05%) TIBCO
3 1 (1.05%) Wallstreet Suite