Foreign Exchange (FX) Contracts in the City of London

Foreign Exchange (FX)
Central London > City of London

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Foreign Exchange (FX) over the 6 months leading up to 3 May 2025, comparing them to the same period in the previous two years.

6 months to
3 May 2025
Same period 2024 Same period 2023
Rank 85 95 51
Rank change year-on-year +10 -44 +45
Contract jobs citing Foreign Exchange (FX) 38 32 153
As % of all contract jobs advertised in the City of London 2.16% 1.46% 4.20%
As % of the Miscellaneous category 6.23% 4.75% 11.80%
Number of daily rates quoted 24 28 102
10th Percentile £462 £464 £588
25th Percentile £575 £622 £625
Median daily rate (50th Percentile) £700 £694 £750
Median % change year-on-year +0.90% -7.50% -
75th Percentile £825 £864 £850
90th Percentile £895 £905 £1,063
Central London median daily rate £700 £694 £750
% change year-on-year +0.90% -7.50% -

All Generic Skills
City of London

Foreign Exchange (FX) falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in the City of London.

Contract vacancies with a requirement for generic IT skills 610 674 1,297
As % of all contract IT jobs advertised in the City of London 34.74% 30.75% 35.58%
Number of daily rates quoted 384 460 881
10th Percentile £363 £274 £350
25th Percentile £475 £425 £500
Median daily rate (50th Percentile) £596 £575 £625
Median % change year-on-year +3.70% -8.00% +8.70%
75th Percentile £700 £700 £750
90th Percentile £800 £850 £856
Central London median daily rate £575 £575 £613
% change year-on-year - -6.12% +6.52%
Number of hourly rates quoted 3 7 13
10th Percentile £23.80 £12.75 £17.33
25th Percentile £26.50 £14.38 -
Median hourly rate £31.00 £23.00 £35.00
Median % change year-on-year +34.78% -34.29% -27.84%
75th Percentile £65.50 £27.25 £88.30
90th Percentile £86.20 £36.60 -
Central London median hourly rate £29.07 £23.00 £35.00
% change year-on-year +26.39% -34.29% -27.84%

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

Job postings citing Foreign Exchange (FX) as a proportion 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

3-month moving average daily rate quoted in jobs citing Foreign Exchange (FX) in the City of London.

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

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

Daily rate distribution for jobs citing Foreign Exchange (FX) in the City of London over the 6 months to 3 May 2025.

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

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

3-month moving average hourly rates quoted in jobs citing Foreign Exchange (FX) in the City of London.

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

Foreign Exchange (FX)
Co-occurring Skills and Capabilities in the City of London by Category

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

Application Platforms
1 1 (2.63%) Oracle SOA Suite
1 1 (2.63%) Oracle Workflow
Applications
1 5 (13.16%) Microsoft Excel
2 2 (5.26%) Microsoft PowerPoint
3 1 (2.63%) Microsoft Office
Business Applications
1 1 (2.63%) Fidessa
1 1 (2.63%) Oracle ERP
1 1 (2.63%) Oracle Procure-to-Pay
1 1 (2.63%) Orchestrade
Cloud Services
1 1 (2.63%) Azure
1 1 (2.63%) Azure DevOps
1 1 (2.63%) GCP
1 1 (2.63%) OCI
1 1 (2.63%) Power Platform
Communications & Networking
1 2 (5.26%) Firewall
2 1 (2.63%) Multicast
Database & Business Intelligence
1 4 (10.53%) SQL Server
2 2 (5.26%) Big Data
2 2 (5.26%) KDB
3 1 (2.63%) BigQuery
3 1 (2.63%) Data Mart
3 1 (2.63%) Data Warehouse
3 1 (2.63%) Looker
3 1 (2.63%) Oracle Reports
3 1 (2.63%) Power BI
3 1 (2.63%) SQL Server Reporting Services
3 1 (2.63%) Tableau
Development Applications
1 3 (7.89%) Git
2 2 (5.26%) JIRA
3 1 (2.63%) Ant
3 1 (2.63%) Bitbucket
3 1 (2.63%) Bitbucket Server
3 1 (2.63%) Jenkins
3 1 (2.63%) JUnit
3 1 (2.63%) TeamCity
3 1 (2.63%) Visual Studio
General
1 26 (68.42%) Finance
2 18 (47.37%) Front Office
2 18 (47.37%) Social Skills
3 15 (39.47%) Analytical Skills
3 15 (39.47%) Banking
4 8 (21.05%) Investment Banking
5 7 (18.42%) Financial Institution
6 5 (13.16%) Back Office
7 1 (2.63%) Corporate Banking
7 1 (2.63%) International Banking
7 1 (2.63%) Legal
Job Titles
1 17 (44.74%) Analyst
2 14 (36.84%) Developer
3 11 (28.95%) Business Analyst
4 9 (23.68%) Senior
5 8 (21.05%) C# Developer
6 6 (15.79%) Data Analyst
7 5 (13.16%) C++ Developer
7 5 (13.16%) C++/C# Developer
7 5 (13.16%) Java Developer
7 5 (13.16%) Senior Developer
8 4 (10.53%) Senior Analyst
9 3 (7.89%) Data Business Analyst
9 3 (7.89%) Front Office Business Analyst
9 3 (7.89%) Senior C# Developer
9 3 (7.89%) Senior C++ Developer
9 3 (7.89%) Software Developer
9 3 (7.89%) Support Analyst
9 3 (7.89%) Trade Floor Support Analyst
10 2 (5.26%) C# GUI Developer
10 2 (5.26%) Migration Analyst
Libraries, Frameworks & Software Standards
1 5 (13.16%) FIX Protocol
2 2 (5.26%) .NET
2 2 (5.26%) AngularJS
2 2 (5.26%) ASP.NET
2 2 (5.26%) FpML
2 2 (5.26%) HTML
2 2 (5.26%) HTML5
2 2 (5.26%) Kafka
2 2 (5.26%) Middleware
2 2 (5.26%) REST
2 2 (5.26%) WPF
3 1 (2.63%) .NET Core
3 1 (2.63%) ASP.NET MVC
3 1 (2.63%) Protocol Buffers
3 1 (2.63%) React
3 1 (2.63%) WCF
3 1 (2.63%) Web Services
Miscellaneous
1 12 (31.58%) Equities
2 7 (18.42%) Fixed Income
3 4 (10.53%) Derivative
3 4 (10.53%) Management Information System
4 2 (5.26%) Algorithms
4 2 (5.26%) Market Risk
5 1 (2.63%) Analytical Mindset
5 1 (2.63%) Credit Risk
5 1 (2.63%) Data Fabric
5 1 (2.63%) Data Structures
5 1 (2.63%) Distributed Architecture
5 1 (2.63%) Distributed Systems
5 1 (2.63%) Interest Rate Derivative
5 1 (2.63%) Legacy Systems
5 1 (2.63%) Onboarding
5 1 (2.63%) Product Ownership
5 1 (2.63%) Reference Data
5 1 (2.63%) Self-Motivation
5 1 (2.63%) Team-Oriented Environment
Operating Systems
1 6 (15.79%) Linux
2 4 (10.53%) Unix
3 3 (7.89%) Windows
3 3 (7.89%) Windows Server
Processes & Methodologies
1 12 (31.58%) Problem-Solving
2 11 (28.95%) Low Latency
3 10 (26.32%) Agile
4 8 (21.05%) Computer Science
5 7 (18.42%) Electronic Trading
5 7 (18.42%) Requirements Gathering
6 6 (15.79%) Data Analysis
6 6 (15.79%) Migration
7 5 (13.16%) Analytics
7 5 (13.16%) Data Management
7 5 (13.16%) Multithreading
7 5 (13.16%) Project Management
8 4 (10.53%) CI/CD
8 4 (10.53%) DevOps
8 4 (10.53%) Software Engineering
9 3 (7.89%) Algorithmic Trading
9 3 (7.89%) Business Analysis
9 3 (7.89%) Data Modelling
9 3 (7.89%) Data Visualisation
9 3 (7.89%) Visualisation
Programming Languages
1 10 (26.32%) C#
1 10 (26.32%) SQL
2 9 (23.68%) Java
3 5 (13.16%) C++
4 2 (5.26%) Python
4 2 (5.26%) T-SQL
5 1 (2.63%) JavaScript
5 1 (2.63%) PL/SQL
5 1 (2.63%) PowerShell
5 1 (2.63%) R
5 1 (2.63%) Ruby
5 1 (2.63%) Shell Script
Qualifications
1 9 (23.68%) Degree
2 4 (10.53%) Computer Science Degree
3 3 (7.89%) Master's Degree
4 2 (5.26%) CFA
4 2 (5.26%) MBA
5 1 (2.63%) PhD
Quality Assurance & Compliance
1 4 (10.53%) EMIR
1 4 (10.53%) MiFID
1 4 (10.53%) QA
2 3 (7.89%) Data Quality
3 2 (5.26%) Accessibility
3 2 (5.26%) Dodd-Frank
4 1 (2.63%) Basel II
4 1 (2.63%) Basel III
4 1 (2.63%) GDPR
System Software
1 1 (2.63%) Docker
Systems Management
1 1 (2.63%) Control-M
1 1 (2.63%) Kubernetes
Vendors
1 6 (15.79%) Oracle
2 4 (10.53%) Bloomberg
2 4 (10.53%) Murex
2 4 (10.53%) Reuters
3 3 (7.89%) Citrix
3 3 (7.89%) Refinitiv
4 1 (2.63%) Calypso
4 1 (2.63%) CQG
4 1 (2.63%) Google
4 1 (2.63%) ION Trading
4 1 (2.63%) SAP