Period
to 18 June 2018

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 18 June 2018 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
18 Jun 2018
Same period 2017 Same period 2016
Rank 91 61 51
Rank change year-on-year -30 -10 +31
Contract jobs citing Foreign Exchange (FX) 188 222 256
As % of all contract IT jobs advertised in the City of London 2.73% 3.57% 3.91%
As % of the Miscellaneous category 6.31% 8.82% 9.79%
Number of daily rates quoted 170 184 223
City of London median daily rate £663 £600 £600
Median daily rate % change year-on-year +10.42% - -
10th Percentile £499 £456 £463
90th Percentile £838 £709 £738
Central London median daily rate £650 £600 £600
% change year-on-year +8.33% - -
Number of hourly rates quoted 0 0 4
City of London median hourly rate - - £48.75
Central London median hourly rate - - £48.75

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 2,978 2,516 2,614
As % of all contract IT jobs advertised in the City of London 43.22% 40.52% 39.88%
Number of daily rates quoted 2,298 1,917 2,125
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £319 £312 £294
90th Percentile £722 £675 £675
Central London median daily rate £525 £500 £473
% change year-on-year +5.00% +5.82% +5.00%
Number of hourly rates quoted 54 22 43
City of London median hourly rate £21.25 £18.70 £19.00
Median hourly rate % change year-on-year +13.65% -1.59% -7.07%
10th Percentile £12.72 £12.50 £11.25
90th Percentile £47.69 £29.77 £45.95
Central London median hourly rate £20.00 £16.00 £19.00
% change year-on-year +25.00% -15.79% -7.07%

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 18 June 2018.

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 18 June 2018, 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 86 (45.74%) Java
2 85 (45.21%) Front Office
3 84 (44.68%) Finance
4 69 (36.70%) Electronic Trading
5 64 (34.04%) Banking
6 41 (21.81%) Low Latency
7 38 (20.21%) Fixed Income
7 38 (20.21%) C#
8 36 (19.15%) Agile Software Development
8 36 (19.15%) FIX Protocol
8 36 (19.15%) Multithreading
9 35 (18.62%) SQL
10 33 (17.55%) C++
10 33 (17.55%) Derivative
11 29 (15.43%) Linux
12 24 (12.77%) .NET
13 22 (11.70%) JavaScript
13 22 (11.70%) Risk Management
14 21 (11.17%) Investment Banking
15 20 (10.64%) Back Office
15 20 (10.64%) HTML
15 20 (10.64%) E-Commerce
15 20 (10.64%) AngularJS
15 20 (10.64%) Java 8
16 19 (10.11%) SQL Server
17 17 (9.04%) TIBCO
18 16 (8.51%) Python
18 16 (8.51%) ION Trading
18 16 (8.51%) ION MarketView
18 16 (8.51%) WPF

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 5 (2.66%) Confluence
2 3 (1.60%) CMS
3 2 (1.06%) Umbraco
4 1 (0.53%) Apache Solr
4 1 (0.53%) Apache Spark
4 1 (0.53%) Elasticsearch
4 1 (0.53%) Tomcat
4 1 (0.53%) WebSphere
4 1 (0.53%) WebSphere Application Server
Applications
1 5 (2.66%) Microsoft Excel
2 2 (1.06%) Spreadsheet
Business Applications
1 16 (8.51%) ION MarketView
2 2 (1.06%) Orchestrade
2 2 (1.06%) Summit
3 1 (0.53%) Markit EDM
3 1 (0.53%) Murex MxG2000
3 1 (0.53%) Oracle Cash Management
3 1 (0.53%) SAP FI-GL
3 1 (0.53%) Sentinel
Cloud Services
1 4 (2.13%) npm
2 3 (1.60%) Microsoft Azure
2 3 (1.60%) Yarn
3 1 (0.53%) Amazon AWS
3 1 (0.53%) IaaS
3 1 (0.53%) SaaS
Communications & Networking
1 1 (0.53%) Kerberos
Database & Business Intelligence
1 19 (10.11%) SQL Server
2 14 (7.45%) KDB
3 5 (2.66%) SQL Server 2008
4 4 (2.13%) MongoDB
5 3 (1.60%) NoSQL
5 3 (1.60%) Relational Database
5 3 (1.60%) SQL Server 2014
6 1 (0.53%) Apache Cassandra
6 1 (0.53%) Apache Hive
6 1 (0.53%) Big Data
6 1 (0.53%) Blockchain
6 1 (0.53%) BusinessObjects
6 1 (0.53%) Hadoop
6 1 (0.53%) HBase
6 1 (0.53%) MySQL
6 1 (0.53%) SQL Server 2012
6 1 (0.53%) SQL Server Integration Services
6 1 (0.53%) SQL Server Reporting Services
6 1 (0.53%) Sqoop
Development Applications
1 7 (3.72%) Cucumber
1 7 (3.72%) JIRA
1 7 (3.72%) TeamCity
2 6 (3.19%) Git (software)
2 6 (3.19%) JUnit
2 6 (3.19%) Maven
3 5 (2.66%) Selenium
4 4 (2.13%) Atlassian Bamboo
4 4 (2.13%) Jenkins
4 4 (2.13%) Visual Studio
5 3 (1.60%) ReSharper
5 3 (1.60%) Subversion
6 2 (1.06%) Artifactory
6 2 (1.06%) Gradle
6 2 (1.06%) gulp
6 2 (1.06%) Jasmine
6 2 (1.06%) Moq
6 2 (1.06%) NUnit
6 2 (1.06%) SpecFlow
6 2 (1.06%) WebDriver
General
1 85 (45.21%) Front Office
2 84 (44.68%) Finance
3 64 (34.04%) Banking
4 21 (11.17%) Investment Banking
5 20 (10.64%) Back Office
6 6 (3.19%) Financial Institution
7 2 (1.06%) Advertising
8 1 (0.53%) Games
8 1 (0.53%) General Ledger
8 1 (0.53%) Legal
8 1 (0.53%) Retail
Job Titles
1 114 (60.64%) Developer
2 60 (31.91%) Java Developer
3 34 (18.09%) Senior Developer
4 32 (17.02%) Analyst
5 26 (13.83%) Business Analyst
6 25 (13.30%) Senior Java Developer
7 19 (10.11%) Electronic Trading Developer
8 18 (9.57%) Quantitative Developer
9 16 (8.51%) C# Developer
10 15 (7.98%) Electronic Trading Java Developer
10 15 (7.98%) FX Business Analyst
11 12 (6.38%) Low Latency Java Developer
12 11 (5.85%) Front Office Developer
13 9 (4.79%) C++ Developer
13 9 (4.79%) Java Engineer
13 9 (4.79%) Qualitative Analyst
13 9 (4.79%) Quantitative Analyst
14 8 (4.26%) Electronic Trading Business Analyst
14 8 (4.26%) Project Manager
15 7 (3.72%) Analyst Developer
Libraries, Frameworks & Software Standards
1 36 (19.15%) FIX Protocol
2 24 (12.77%) .NET
3 20 (10.64%) AngularJS
3 20 (10.64%) HTML
4 16 (8.51%) WPF
5 14 (7.45%) HTML5
6 12 (6.38%) Java Concurrency
6 12 (6.38%) React
7 11 (5.85%) TIBCO EMS
8 9 (4.79%) Node.js
9 8 (4.26%) Redux
10 7 (3.72%) REST
11 6 (3.19%) RxJS
11 6 (3.19%) Socket.IO
11 6 (3.19%) Spring
12 5 (2.66%) CSS
12 5 (2.66%) Rendezvous
12 5 (2.66%) Twitter Bootstrap
12 5 (2.66%) WCF
12 5 (2.66%) XML
Miscellaneous
1 38 (20.21%) Fixed Income
2 33 (17.55%) Derivative
3 9 (4.79%) Equity Derivative
3 9 (4.79%) Fintech
4 8 (4.26%) Algorithms
4 8 (4.26%) Analytical Skills
4 8 (4.26%) Credit Derivative
4 8 (4.26%) Greenfield Project
5 6 (3.19%) Equities
6 4 (2.13%) Interest Rate Derivative
7 3 (1.60%) Computer Science
7 3 (1.60%) CUDA
7 3 (1.60%) Data Structures
8 2 (1.06%) Enterprise Software
8 2 (1.06%) Market Risk
8 2 (1.06%) Mobile App
8 2 (1.06%) Swaptions
9 1 (0.53%) DTCC
9 1 (0.53%) N-Tier
9 1 (0.53%) PMI
Operating Systems
1 29 (15.43%) Linux
2 10 (5.32%) Red Hat Enterprise Linux
3 9 (4.79%) Unix
4 7 (3.72%) Windows
5 3 (1.60%) Windows Server
6 1 (0.53%) Solaris
Processes & Methodologies
1 69 (36.70%) Electronic Trading
2 41 (21.81%) Low Latency
3 36 (19.15%) Agile Software Development
3 36 (19.15%) Multithreading
4 22 (11.70%) Risk Management
5 20 (10.64%) E-Commerce
6 15 (7.98%) Mathematics
7 14 (7.45%) Analytics
7 14 (7.45%) TDD
8 13 (6.91%) OO
8 13 (6.91%) Test Automation
9 11 (5.85%) Algorithmic Trading
9 11 (5.85%) Deployment Automation
9 11 (5.85%) Quantitative Research
10 10 (5.32%) Business Analysis
10 10 (5.32%) Integration Testing
11 9 (4.79%) Continuous Integration
11 9 (4.79%) Stochastic Calculus
11 9 (4.79%) Unit Testing
11 9 (4.79%) Workflow
Programming Languages
1 86 (45.74%) Java
2 38 (20.21%) C#
3 35 (18.62%) SQL
4 33 (17.55%) C++
5 22 (11.70%) JavaScript
6 20 (10.64%) Java 8
7 16 (8.51%) Python
8 10 (5.32%) TypeScript
9 9 (4.79%) Bash Shell
10 5 (2.66%) VBA
11 4 (2.13%) Perl
11 4 (2.13%) VB.NET
12 3 (1.60%) Ada
12 3 (1.60%) C
12 3 (1.60%) ES6
12 3 (1.60%) Korn
12 3 (1.60%) PL/SQL
12 3 (1.60%) PowerShell
13 2 (1.06%) VBScript
14 1 (0.53%) T-SQL
Qualifications
1 12 (6.38%) PhD
2 7 (3.72%) Degree
3 2 (1.06%) Computer Science Degree
4 1 (0.53%) Numerate Degree
4 1 (0.53%) PMI Certification
Quality Assurance & Compliance
1 9 (4.79%) MiFID
2 8 (4.26%) QA
3 4 (2.13%) EMIR
4 1 (0.53%) COREP
4 1 (0.53%) Dodd-Frank
4 1 (0.53%) SEPA
4 1 (0.53%) SLA
4 1 (0.53%) TARGET2
System Software
1 5 (2.66%) Docker
2 1 (0.53%) Apache ZooKeeper
2 1 (0.53%) HDFS
Systems Management
1 4 (2.13%) Control-M
2 2 (1.06%) HP ALM
2 2 (1.06%) HP Quality Center
3 1 (0.53%) CA Spectrum
3 1 (0.53%) Hadoop YARN
3 1 (0.53%) Kibana
3 1 (0.53%) logstash
3 1 (0.53%) Oozie
Vendors
1 17 (9.04%) TIBCO
2 16 (8.51%) ION Trading
3 15 (7.98%) Sybase
4 10 (5.32%) Microsoft
4 10 (5.32%) Oracle
5 6 (3.19%) Charles River
5 6 (3.19%) Murex
6 5 (2.66%) FXall
7 4 (2.13%) Atlassian
8 3 (1.60%) Bloomberg
8 3 (1.60%) Red Hat
8 3 (1.60%) Reuters
9 2 (1.06%) Calypso
9 2 (1.06%) Currenex
9 2 (1.06%) HP
9 2 (1.06%) NVIDIA
9 2 (1.06%) Solace
9 2 (1.06%) Typemock
10 1 (0.53%) Sonatype
10 1 (0.53%) Talarian