Period
to 7 December 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 7 December 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
7 Dec 2019
Same period 2018 Same period 2017
Rank 132 89 44
Rank change year-on-year -43 -45 +24
Contract jobs citing Foreign Exchange (FX) 89 217 336
As % of all contract IT jobs advertised in the City of London 1.58% 3.04% 4.66%
As % of the Miscellaneous category 4.91% 7.63% 11.10%
Number of daily rates quoted 67 198 287
City of London median daily rate £600 £588 £625
Median daily rate % change year-on-year +2.13% -6.00% +4.17%
10th Percentile £308 £488 £463
90th Percentile £800 £775 £838
Central London median daily rate £600 £600 £625
% change year-on-year - -4.00% +4.17%
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 1,812 2,843 3,027
As % of all contract IT jobs advertised in the City of London 32.10% 39.87% 42.00%
Number of daily rates quoted 1,384 2,202 2,350
City of London median daily rate £525 £525 £525
10th Percentile £285 £281 £313
90th Percentile £700 £713 £725
Central London median daily rate £515 £525 £525
% change year-on-year -1.90% - +10.53%
Number of hourly rates quoted 26 61 36
City of London median hourly rate £21.00 £19.25 £23.74
Median hourly rate % change year-on-year +9.09% -18.92% +24.96%
10th Percentile £12.38 £13.31 £13.16
90th Percentile £51.75 £33.00 £33.81
Central London median hourly rate £21.00 £19.25 £22.50
% change year-on-year +9.09% -14.44% +18.42%

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 7 December 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 7 December 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 0 4 £525 -
Foreign Exchange (FX)
Central London

For the 6 months to 7 December 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 51 (57.30%) Front Office
2 50 (56.18%) Finance
3 36 (40.45%) Agile Software Development
3 36 (40.45%) Java
4 28 (31.46%) Banking
5 23 (25.84%) Equities
5 23 (25.84%) Python
6 22 (24.72%) Fixed Income
7 20 (22.47%) Electronic Trading
8 17 (19.10%) C#
9 16 (17.98%) C++
9 16 (17.98%) JIRA
9 16 (17.98%) TeamCity
10 15 (16.85%) Investment Banking
11 14 (15.73%) SQL
11 14 (15.73%) Low Latency
11 14 (15.73%) SDLC
12 13 (14.61%) E-Commerce
13 12 (13.48%) JavaScript
13 12 (13.48%) Degree
13 12 (13.48%) FIX Protocol
14 11 (12.36%) Confluence
14 11 (12.36%) Analytics
14 11 (12.36%) Greenfield Project
15 10 (11.24%) Unit Testing
15 10 (11.24%) Scrum
16 9 (10.11%) Derivative
16 9 (10.11%) KDB
16 9 (10.11%) QA
16 9 (10.11%) Visualisation

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 11 (12.36%) Confluence
2 6 (6.74%) Apache Spark
3 4 (4.49%) Elasticsearch
4 1 (1.12%) IBM HTTP Server
Applications
1 4 (4.49%) Microsoft Office
1 4 (4.49%) MS Visio
2 2 (2.25%) Microsoft Excel
2 2 (2.25%) Microsoft PowerPoint
Business Applications
1 3 (3.37%) ION MarketView
Cloud Services
1 6 (6.74%) GitHub
2 3 (3.37%) Azure
2 3 (3.37%) Cloud Computing
3 2 (2.25%) Amazon ECS
3 2 (2.25%) AWS
3 2 (2.25%) AWS CloudFormation
3 2 (2.25%) GCP
3 2 (2.25%) Route 53
3 2 (2.25%) Virtual Private Cloud
Communications & Networking
1 2 (2.25%) Firewall
Database & Business Intelligence
1 9 (10.11%) KDB
2 8 (8.99%) Kdb+
3 7 (7.87%) SQL Server
4 5 (5.62%) Big Data
5 2 (2.25%) Hadoop
6 1 (1.12%) Relational Database
Development Applications
1 16 (17.98%) JIRA
1 16 (17.98%) TeamCity
2 8 (8.99%) Git (software)
2 8 (8.99%) Maven
3 6 (6.74%) Sonatype Nexus
3 6 (6.74%) YourKit
4 2 (2.25%) CircleCI
4 2 (2.25%) Jenkins
5 1 (1.12%) Moq
5 1 (1.12%) NUnit
5 1 (1.12%) Octopus Deploy
5 1 (1.12%) Selenium
5 1 (1.12%) SpecFlow
General
1 51 (57.30%) Front Office
2 50 (56.18%) Finance
3 28 (31.46%) Banking
4 15 (16.85%) Investment Banking
5 7 (7.87%) Financial Institution
6 4 (4.49%) Back Office
7 2 (2.25%) Retail
8 1 (1.12%) International Banking
Job Titles
1 51 (57.30%) Developer
2 23 (25.84%) Analyst
3 15 (16.85%) Java Developer
4 13 (14.61%) Quantitative Developer
4 13 (14.61%) Senior Developer
5 8 (8.99%) KDB Developer
6 7 (7.87%) Business Analyst
7 6 (6.74%) C# Developer
7 6 (6.74%) Senior Java Developer
8 5 (5.62%) Junior
8 5 (5.62%) Python Developer
8 5 (5.62%) Qualitative Analyst
8 5 (5.62%) Quantitative Analyst
8 5 (5.62%) Quantitative Risk Analyst
8 5 (5.62%) Risk Analyst
8 5 (5.62%) Tester
9 4 (4.49%) Analyst Developer
9 4 (4.49%) QA Tester
9 4 (4.49%) Support Analyst
9 4 (4.49%) Test Analyst
Libraries, Frameworks & Software Standards
1 12 (13.48%) FIX Protocol
2 8 (8.99%) React
3 7 (7.87%) AngularJS
3 7 (7.87%) HTML
4 6 (6.74%) CSS
4 6 (6.74%) HTML5
5 4 (4.49%) NumPy
5 4 (4.49%) Pandas
5 4 (4.49%) PySpark
6 3 (3.37%) .NET
6 3 (3.37%) CSS3
6 3 (3.37%) Hibernate
6 3 (3.37%) Kafka
6 3 (3.37%) Spring
7 2 (2.25%) JNI
7 2 (2.25%) Spring Boot
8 1 (1.12%) Apache Flex
8 1 (1.12%) React Native
8 1 (1.12%) Reactive Extensions
8 1 (1.12%) WPF
Miscellaneous
1 23 (25.84%) Equities
2 22 (24.72%) Fixed Income
3 11 (12.36%) Greenfield Project
4 9 (10.11%) Derivative
5 7 (7.87%) iPad
6 6 (6.74%) Credit Risk
7 5 (5.62%) Market Risk
8 4 (4.49%) Analytical Skills
9 3 (3.37%) Hedge funds
9 3 (3.37%) User Experience
10 2 (2.25%) Management Information System
10 2 (2.25%) Self-Motivation
11 1 (1.12%) Algorithms
11 1 (1.12%) Data Structures
11 1 (1.12%) Enterprise Software
11 1 (1.12%) OTC Derivatives
11 1 (1.12%) Wiki
Operating Systems
1 5 (5.62%) Unix
2 4 (4.49%) Windows
3 1 (1.12%) Linux
Processes & Methodologies
1 36 (40.45%) Agile Software Development
2 20 (22.47%) Electronic Trading
3 14 (15.73%) Low Latency
3 14 (15.73%) SDLC
4 13 (14.61%) E-Commerce
5 11 (12.36%) Analytics
6 10 (11.24%) Scrum
6 10 (11.24%) Unit Testing
7 9 (10.11%) Problem-Solving
7 9 (10.11%) Visualisation
8 8 (8.99%) Business Intelligence
8 8 (8.99%) Computer Science
8 8 (8.99%) DevOps
8 8 (8.99%) Performance Tuning
8 8 (8.99%) User Acceptance Testing
9 7 (7.87%) Multithreading
9 7 (7.87%) Prototyping
10 6 (6.74%) Backtesting
10 6 (6.74%) Test Automation
10 6 (6.74%) Time Management
Programming Languages
1 36 (40.45%) Java
2 23 (25.84%) Python
3 17 (19.10%) C#
4 16 (17.98%) C++
5 14 (15.73%) SQL
6 12 (13.48%) JavaScript
7 5 (5.62%) Scala
8 4 (4.49%) Java 8
9 3 (3.37%) AWK
9 3 (3.37%) C-shell
9 3 (3.37%) Perl
10 2 (2.25%) TypeScript
11 1 (1.12%) C
11 1 (1.12%) PowerShell
11 1 (1.12%) T-SQL
Qualifications
1 12 (13.48%) Degree
2 3 (3.37%) HNC
2 3 (3.37%) HND
2 3 (3.37%) ISEB
2 3 (3.37%) PhD
3 2 (2.25%) CISSP
3 2 (2.25%) Computer Science Degree
3 2 (2.25%) ISTQB
3 2 (2.25%) ITIL Certification
4 1 (1.12%) Master's Degree
Quality Assurance & Compliance
1 9 (10.11%) QA
2 3 (3.37%) MiFID
3 2 (2.25%) Data Quality
3 2 (2.25%) NIST
3 2 (2.25%) NIST 800
System Software
1 2 (2.25%) Docker
Systems Management
1 2 (2.25%) Ansible
1 2 (2.25%) HP Quality Center
1 2 (2.25%) Terraform
Vendors
1 4 (4.49%) Murex
1 4 (4.49%) Splunk
2 3 (3.37%) ION Trading
2 3 (3.37%) Sybase
3 2 (2.25%) HP
3 2 (2.25%) Microsoft
3 2 (2.25%) Oracle
3 2 (2.25%) Reuters
4 1 (1.12%) Cadence
4 1 (1.12%) SAP
4 1 (1.12%) ServiceNow
4 1 (1.12%) TIBCO
4 1 (1.12%) Typemock
4 1 (1.12%) Wallstreet Suite