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 3 months to 24 June 2017 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 / City of London
3 months to
24 Jun 2017
Same period 2016 Same period 2015
Rank 55 83 81
Rank change year-on-year +28 -2  
Contract jobs citing Foreign Exchange (FX) 131 86 141
As % of all contract IT jobs advertised in the City of London 4.01% 2.54% 2.42%
As % of the Miscellaneous category 9.53% 6.43% 6.44%
Number of daily rates quoted 108 76 124
Median daily rate £600 £600 £600
90% offered a daily rate of more than £463 £500 £450
10% offered a daily rate of more than £675 £750 £725
UK excluding London median daily rate £413 £375 £400
% change year-on-year +10.00% -6.25%  
Number of hourly rates quoted 0 2 0
Median hourly rate - £65.00 -
UK excluding London median hourly rate £47.50 - -

Foreign Exchange (FX) is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1375 1337 2191
As % of all contract IT job vacancies advertised in the City of London 42.10% 39.52% 37.65%
Number of daily rates quoted 1039 1124 1747
Median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.52% -  
90% offered a daily rate of more than £325 £313 £300
10% offered a daily rate of more than £675 £650 £648
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 14 15 37
Median hourly rate £18.70 £17.50 £22.83
Median hourly rate % change year-on-year +6.82% -23.34%  
90% offered a hourly rate of more than £12.93 £12.50 £15.55
10% offered a hourly rate of more than £22.20 £65.00 £60.80
UK excluding London median hourly rate £25.00 £22.50 £18.69
% change year-on-year +11.11% +20.38%  

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

The job posting trend of jobs advertised in the City of London citing Foreign Exchange (FX) as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 24 June 2017.

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

For the 6 months to 24 June 2017, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Foreign Exchange (FX).

1 109 (48.88%) Front Office
2 108 (48.43%) Finance
3 103 (46.19%) Banking
4 72 (32.29%) Java
5 62 (27.80%) Investment Banking
6 55 (24.66%) SQL
7 53 (23.77%) Electronic Trading
8 52 (23.32%) Derivative
9 49 (21.97%) Agile Software Development
10 43 (19.28%) Fixed Income
10 43 (19.28%) Multithreading
11 37 (16.59%) Equities
12 36 (16.14%) JavaScript
12 36 (16.14%) Low Latency
13 34 (15.25%) Unix
13 34 (15.25%) MiFID
14 33 (14.80%) HTML
15 32 (14.35%) C#
15 32 (14.35%) C++
16 31 (13.90%) Linux
17 29 (13.00%) TDD
17 29 (13.00%) Test Automation
18 26 (11.66%) OO
19 23 (10.31%) AngularJS
20 22 (9.87%) .NET
21 21 (9.42%) E-Commerce
21 21 (9.42%) Analytical Skills
21 21 (9.42%) Unit Testing
22 20 (8.97%) HTML5
22 20 (8.97%) Oracle

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 9 (4.04%) Tomcat
2 6 (2.69%) Mule
2 6 (2.69%) WebLogic
3 5 (2.24%) Apache Spark
3 5 (2.24%) MQSeries
4 4 (1.79%) Elasticsearch
5 2 (0.90%) Apache Pig
5 2 (0.90%) Confluence
6 1 (0.45%) IIS
6 1 (0.45%) Jupyter
6 1 (0.45%) SAS
Applications
1 2 (0.90%) Microsoft Office
1 2 (0.90%) MS Visio
2 1 (0.45%) Microsoft Excel
2 1 (0.45%) Microsoft PowerPoint
Business Applications
1 9 (4.04%) Summit
2 8 (3.59%) Global One
3 3 (1.35%) Endur
3 3 (1.35%) SunGard GMI
4 2 (0.90%) ION MarketView
4 2 (0.90%) Kondor
5 1 (0.45%) Bloomberg TOMS
5 1 (0.45%) IntelliMatch
5 1 (0.45%) Minerva
5 1 (0.45%) RMDS
5 1 (0.45%) SimCorp Dimension
Cloud Services
1 2 (0.90%) Amazon AWS
2 1 (0.45%) Cloud Computing
Communications & Networking
1 3 (1.35%) Firewall
1 3 (1.35%) TCP/IP
2 2 (0.90%) Internet
3 1 (0.45%) DNS
3 1 (0.45%) LAN
3 1 (0.45%) SSL
Database & Business Intelligence
1 19 (8.52%) SQL Server
2 11 (4.93%) SQL Server Integration Services
3 8 (3.59%) BusinessObjects
4 7 (3.14%) Big Data
4 7 (3.14%) Hadoop
4 7 (3.14%) Relational Database
4 7 (3.14%) SQL Server Reporting Services
5 6 (2.69%) KDB
6 5 (2.24%) SQL Server 2008
7 4 (1.79%) SQL Server 2012
8 3 (1.35%) Apache Cassandra
8 3 (1.35%) BusinessObjects XI
9 2 (0.90%) Data Warehouse
9 2 (0.90%) NoSQL
10 1 (0.45%) DB2
10 1 (0.45%) HBase
10 1 (0.45%) Neo4j
10 1 (0.45%) OLAP
10 1 (0.45%) RDBMS
10 1 (0.45%) Star Schema
Development Applications
1 16 (7.17%) Maven
2 15 (6.73%) JIRA
3 12 (5.38%) Jenkins
4 11 (4.93%) Git (software)
4 11 (4.93%) Selenium
5 9 (4.04%) JUnit
6 7 (3.14%) Cucumber
6 7 (3.14%) EasyMock
6 7 (3.14%) Mockito
7 5 (2.24%) Eclipse
7 5 (2.24%) TeamCity
8 4 (1.79%) Eclipse RCP
8 4 (1.79%) Visual Studio
9 3 (1.35%) Team Foundation Server
9 3 (1.35%) webpack
10 2 (0.90%) Moq
10 2 (0.90%) NUnit
10 2 (0.90%) Sonatype Nexus
10 2 (0.90%) Subversion
11 1 (0.45%) Jasmine
General
1 109 (48.88%) Front Office
2 108 (48.43%) Finance
3 103 (46.19%) Banking
4 62 (27.80%) Investment Banking
5 8 (3.59%) Back Office
6 6 (2.69%) Legal
7 4 (1.79%) Financial Institution
8 2 (0.90%) Corporate Banking
8 2 (0.90%) French Language
8 2 (0.90%) Spanish Language
9 1 (0.45%) Marketing
9 1 (0.45%) Telecoms
Job Titles
1 119 (53.36%) Developer
2 51 (22.87%) Analyst
3 45 (20.18%) Java Developer
4 25 (11.21%) Business Analyst
4 25 (11.21%) Senior Developer
5 24 (10.76%) C++ Developer
6 22 (9.87%) C# Developer
7 18 (8.07%) Electronic Trading Developer
8 14 (6.28%) Front Office Developer
8 14 (6.28%) Test Analyst
9 13 (5.83%) Project Manager
9 13 (5.83%) Senior Java Developer
10 12 (5.38%) Credit Analyst
10 12 (5.38%) Support Analyst
11 11 (4.93%) FX Business Analyst
12 10 (4.48%) .NET Developer
12 10 (4.48%) Electronic Trading Java Developer
12 10 (4.48%) FX Test Analyst
12 10 (4.48%) JavaScript Developer
12 10 (4.48%) Test Engineer
Libraries, Frameworks & Software Standards
1 33 (14.80%) HTML
2 23 (10.31%) AngularJS
3 22 (9.87%) .NET
4 20 (8.97%) HTML5
5 17 (7.62%) FIX Protocol
6 15 (6.73%) Node.js
6 15 (6.73%) Spring
7 14 (6.28%) CSS
7 14 (6.28%) XML
8 12 (5.38%) REST
8 12 (5.38%) Spring Boot
8 12 (5.38%) WPF
9 11 (4.93%) Middleware
9 11 (4.93%) React
10 10 (4.48%) JSON
11 9 (4.04%) Hibernate
11 9 (4.04%) JMS
11 9 (4.04%) WCF
12 7 (3.14%) SOAP
13 6 (2.69%) J2EE
Miscellaneous
1 52 (23.32%) Derivative
2 43 (19.28%) Fixed Income
3 37 (16.59%) Equities
4 21 (9.42%) Analytical Skills
5 12 (5.38%) Greenfield Project
6 9 (4.04%) Computer Science
7 8 (3.59%) Hedge funds
8 7 (3.14%) Credit Derivative
8 7 (3.14%) Fintech
8 7 (3.14%) Management Information System
9 6 (2.69%) Credit Risk
9 6 (2.69%) Data Structures
9 6 (2.69%) Market Risk
10 5 (2.24%) User Experience
11 4 (1.79%) Algorithms
11 4 (1.79%) Interest Rate Derivative
11 4 (1.79%) Mainframe
12 3 (1.35%) Equity Derivative
12 3 (1.35%) OTC Derivatives
13 2 (0.90%) Data Centre
Operating Systems
1 34 (15.25%) Unix
2 31 (13.90%) Linux
3 5 (2.24%) Windows
4 2 (0.90%) Solaris
4 2 (0.90%) Windows Server
5 1 (0.45%) AIX
Processes & Methodologies
1 53 (23.77%) Electronic Trading
2 49 (21.97%) Agile Software Development
3 43 (19.28%) Multithreading
4 36 (16.14%) Low Latency
5 29 (13.00%) TDD
5 29 (13.00%) Test Automation
6 26 (11.66%) OO
7 21 (9.42%) E-Commerce
7 21 (9.42%) Unit Testing
8 20 (8.97%) Multithreaded Programming
9 15 (6.73%) User Acceptance Testing
10 14 (6.28%) Analytics
10 14 (6.28%) Microservices
10 14 (6.28%) Performance Optimisation
10 14 (6.28%) Scrum
11 13 (5.83%) Asset Management
11 13 (5.83%) BDD
11 13 (5.83%) Data Management
11 13 (5.83%) Mathematics
11 13 (5.83%) Workflow
Programming Languages
1 72 (32.29%) Java
2 55 (24.66%) SQL
3 36 (16.14%) JavaScript
4 32 (14.35%) C#
4 32 (14.35%) C++
5 15 (6.73%) Python
6 10 (4.48%) Bash Shell
7 9 (4.04%) Shell Script
8 6 (2.69%) PL/SQL
8 6 (2.69%) Scala
8 6 (2.69%) T-SQL
9 5 (2.24%) ES6
9 5 (2.24%) VBA
10 4 (1.79%) Perl
11 3 (1.35%) C
11 3 (1.35%) Ruby
11 3 (1.35%) VB.NET
12 2 (0.90%) PHP
12 2 (0.90%) TypeScript
13 1 (0.45%) Korn
Qualifications
1 18 (8.07%) Degree
2 7 (3.14%) Computer Science Degree
3 2 (0.90%) Master's Degree
3 2 (0.90%) PhD
4 1 (0.45%) IIBA
4 1 (0.45%) ISEB
4 1 (0.45%) Numerate Degree
4 1 (0.45%) PMP
4 1 (0.45%) PRINCE2 Certification
Quality Assurance & Compliance
1 34 (15.25%) MiFID
2 5 (2.24%) EMIR
2 5 (2.24%) QA
3 4 (1.79%) SLA
4 2 (0.90%) Data Quality
4 2 (0.90%) Dodd-Frank
4 2 (0.90%) PCI DSS
5 1 (0.45%) Basel III
5 1 (0.45%) CRD IV
5 1 (0.45%) FATCA
5 1 (0.45%) IFRS
System Software
1 2 (0.90%) HDFS
1 2 (0.90%) VMware Infrastructure
2 1 (0.45%) Active Directory
2 1 (0.45%) Docker
2 1 (0.45%) Oracle RAC
2 1 (0.45%) Virtual Machines
Systems Management
1 1 (0.45%) Control-M
1 1 (0.45%) HP Quality Center
1 1 (0.45%) ITRS Geneos
1 1 (0.45%) Thomson Reuters DACS
Vendors
1 20 (8.97%) Murex
1 20 (8.97%) Oracle
2 7 (3.14%) Sybase
2 7 (3.14%) TIBCO
3 6 (2.69%) SimCorp
4 5 (2.24%) ION Trading
5 4 (1.79%) Bloomberg
5 4 (1.79%) Reuters
6 3 (1.35%) FXall
6 3 (1.35%) Microsoft
6 3 (1.35%) OpenLink
6 3 (1.35%) SunGard
7 2 (0.90%) Calypso
7 2 (0.90%) Currenex
7 2 (0.90%) Solace
7 2 (0.90%) Typemock
7 2 (0.90%) VMware
8 1 (0.45%) Ab Initio
8 1 (0.45%) Hortonworks
8 1 (0.45%) Talarian
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Rate: £80000 - £100000 per annum + Bonus
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EPAM Systems
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