Period
to 22 February 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 22 February 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
22 Feb 2018
Same period 2017 Same period 2016
Rank 47 55 43
Rank change year-on-year +8 -12 +23
Contract jobs citing Foreign Exchange (FX) 332 235 276
As % of all contract IT jobs advertised in the City of London 4.67% 3.83% 4.13%
As % of the Miscellaneous category 10.96% 9.75% 10.07%
Number of daily rates quoted 290 192 202
City of London median daily rate £650 £600 £600
Median daily rate % change year-on-year +8.33% - -
10th Percentile £463 £463 £363
90th Percentile £838 £725 £738
Central London median daily rate £630 £600 £600
% change year-on-year +5.00% - -
Number of hourly rates quoted 0 0 2
City of London median hourly rate - - £34.75
Central London median hourly rate - - £34.75

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 3,029 2,411 2,741
As % of all contract IT jobs advertised in the City of London 42.64% 39.25% 40.98%
Number of daily rates quoted 2,400 1,841 2,151
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £324 £313 £288
90th Percentile £725 £675 £675
Central London median daily rate £525 £488 £475
% change year-on-year +7.69% +2.63% +5.56%
Number of hourly rates quoted 47 26 46
City of London median hourly rate £21.75 £19.00 £19.50
Median hourly rate % change year-on-year +14.47% -2.55% +9.44%
10th Percentile £12.65 £13.25 £11.50
90th Percentile £48.35 £55.00 £34.20
Central London median hourly rate £21.63 £19.00 £19.50
% change year-on-year +13.82% -2.56% +11.43%

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 February 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 22 February 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).

1 160 (48.19%) Java
2 159 (47.89%) Finance
3 156 (46.99%) Front Office
4 132 (39.76%) Banking
5 123 (37.05%) Electronic Trading
6 75 (22.59%) Linux
7 74 (22.29%) FIX Protocol
8 73 (21.99%) SQL
9 72 (21.69%) Low Latency
10 69 (20.78%) Agile Software Development
11 60 (18.07%) C++
12 53 (15.96%) C#
13 52 (15.66%) TIBCO
13 52 (15.66%) Multithreading
14 46 (13.86%) Sybase
15 43 (12.95%) .NET
16 41 (12.35%) KDB
17 40 (12.05%) Integration Testing
17 40 (12.05%) Fixed Income
17 40 (12.05%) TIBCO EMS
18 39 (11.75%) Investment Banking
19 35 (10.54%) Derivative
20 34 (10.24%) Risk Management
20 34 (10.24%) Analytical Skills
21 32 (9.64%) ION Trading
22 31 (9.34%) MiFID
23 30 (9.04%) TDD
24 28 (8.43%) Red Hat Enterprise Linux
24 28 (8.43%) ION MarketView
24 28 (8.43%) Java Concurrency

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 (1.51%) Confluence
2 3 (0.90%) IIS
3 2 (0.60%) Apache Spark
3 2 (0.60%) CMS
3 2 (0.60%) Oracle Coherence
3 2 (0.60%) Tomcat
4 1 (0.30%) Apache Solr
4 1 (0.30%) SharePoint
4 1 (0.30%) Umbraco
4 1 (0.30%) WebSphere
4 1 (0.30%) WebSphere Application Server
Applications
1 10 (3.01%) Microsoft Excel
2 5 (1.51%) Microsoft Office
2 5 (1.51%) Spreadsheet
3 2 (0.60%) MS Visio
4 1 (0.30%) Adobe After Effects
4 1 (0.30%) Adobe Premiere
4 1 (0.30%) Microsoft Project
Business Applications
1 28 (8.43%) ION MarketView
2 12 (3.61%) Kondor
3 3 (0.90%) BusinessWorks
3 3 (0.90%) Oracle Cash Management
4 2 (0.60%) Summit
4 2 (0.60%) SunGard GMI
5 1 (0.30%) Actimize
5 1 (0.30%) Global One
5 1 (0.30%) Murex MxG2000
5 1 (0.30%) Oracle General Ledger
5 1 (0.30%) RMDS
5 1 (0.30%) SAP FI-GL
Cloud Services
1 3 (0.90%) Yarn
2 2 (0.60%) Microsoft Azure
2 2 (0.60%) npm
3 1 (0.30%) Adobe Creative Cloud
3 1 (0.30%) Amazon AWS
3 1 (0.30%) IaaS
3 1 (0.30%) Office 365
Communications & Networking
1 2 (0.60%) FIX Connectivity
2 1 (0.30%) HTTP
2 1 (0.30%) Kerberos
2 1 (0.30%) LAN
2 1 (0.30%) TCP/IP
Database & Business Intelligence
1 41 (12.35%) KDB
2 26 (7.83%) SQL Server
3 9 (2.71%) Relational Database
4 5 (1.51%) Big Data
5 4 (1.20%) Hadoop
5 4 (1.20%) SQL Server 2008
5 4 (1.20%) SQL Server 2012
5 4 (1.20%) SQL Server Integration Services
5 4 (1.20%) SQL Server Reporting Services
6 3 (0.90%) Blockchain
6 3 (0.90%) BusinessObjects
6 3 (0.90%) Data Mart
6 3 (0.90%) DB2
6 3 (0.90%) Kdb+
6 3 (0.90%) RDBMS
6 3 (0.90%) SQL Server 2014
6 3 (0.90%) Sybase ASE
7 2 (0.60%) Apache Hive
7 2 (0.60%) Data Lake
7 2 (0.60%) Data Warehouse
Development Applications
1 21 (6.33%) JIRA
2 19 (5.72%) Maven
3 13 (3.92%) Git (software)
4 11 (3.31%) TeamCity
5 9 (2.71%) Selenium
6 8 (2.41%) WebDriver
7 7 (2.11%) Cucumber
7 7 (2.11%) Subversion
8 6 (1.81%) NUnit
8 6 (1.81%) SpecFlow
9 5 (1.51%) JUnit
10 4 (1.20%) Gradle
10 4 (1.20%) Moq
11 3 (0.90%) Jenkins
11 3 (0.90%) JIRA Agile
11 3 (0.90%) ReSharper
11 3 (0.90%) Sonatype Nexus
11 3 (0.90%) Visual Studio
12 2 (0.60%) Bitbucket
12 2 (0.60%) Jasmine
General
1 159 (47.89%) Finance
2 156 (46.99%) Front Office
3 132 (39.76%) Banking
4 39 (11.75%) Investment Banking
5 21 (6.33%) Back Office
6 15 (4.52%) Financial Institution
7 4 (1.20%) Legal
8 2 (0.60%) General Ledger
8 2 (0.60%) Portuguese Language
8 2 (0.60%) Spanish Language
8 2 (0.60%) Telecoms
9 1 (0.30%) International Banking
9 1 (0.30%) Marketing
9 1 (0.30%) Retail Banking
9 1 (0.30%) Wholesale Banking
Job Titles
1 194 (58.43%) Developer
2 96 (28.92%) Java Developer
3 55 (16.57%) Senior Developer
4 50 (15.06%) Analyst
5 38 (11.45%) Electronic Trading Developer
5 38 (11.45%) Senior Java Developer
6 34 (10.24%) Business Analyst
7 32 (9.64%) C# Developer
7 32 (9.64%) Electronic Trading Java Developer
8 27 (8.13%) C++ Developer
9 22 (6.63%) FX Business Analyst
10 17 (5.12%) Low Latency Java Developer
11 12 (3.61%) Project Manager
12 11 (3.31%) Front Office Developer
13 10 (3.01%) .NET Developer
13 10 (3.01%) Java Swing Developer
13 10 (3.01%) Quantitative Developer
13 10 (3.01%) Tester
14 9 (2.71%) SQL Developer
14 9 (2.71%) Test Analyst
Libraries, Frameworks & Software Standards
1 74 (22.29%) FIX Protocol
2 43 (12.95%) .NET
3 40 (12.05%) TIBCO EMS
4 28 (8.43%) Java Concurrency
5 27 (8.13%) HTML
6 26 (7.83%) Spring
7 22 (6.63%) WPF
8 19 (5.72%) JMS
9 18 (5.42%) HTML5
10 15 (4.52%) AngularJS
11 14 (4.22%) Rendezvous
12 11 (3.31%) Middleware
12 11 (3.31%) REST
13 10 (3.01%) Swing
14 9 (2.71%) React
14 9 (2.71%) SOAP
15 8 (2.41%) Web Services
15 8 (2.41%) WinForms
16 7 (2.11%) WCF
16 7 (2.11%) XML
Miscellaneous
1 40 (12.05%) Fixed Income
2 35 (10.54%) Derivative
3 34 (10.24%) Analytical Skills
4 20 (6.02%) Equities
5 12 (3.61%) Algorithms
5 12 (3.61%) Data Structures
6 11 (3.31%) Computer Science
7 10 (3.01%) Fintech
8 9 (2.71%) Credit Derivative
8 9 (2.71%) Greenfield Project
9 5 (1.51%) Interest Rate Derivative
9 5 (1.51%) N-Tier
9 5 (1.51%) SWIFT
10 4 (1.20%) Equity Derivative
11 3 (0.90%) Market Risk
12 2 (0.60%) Credit Risk
12 2 (0.60%) Enterprise Software
12 2 (0.60%) Swaptions
13 1 (0.30%) Motion Graphics
13 1 (0.30%) User Experience
Operating Systems
1 75 (22.59%) Linux
2 28 (8.43%) Red Hat Enterprise Linux
3 24 (7.23%) Unix
4 6 (1.81%) Solaris
5 5 (1.51%) Windows
6 2 (0.60%) Windows Server
Processes & Methodologies
1 123 (37.05%) Electronic Trading
2 72 (21.69%) Low Latency
3 69 (20.78%) Agile Software Development
4 52 (15.66%) Multithreading
5 40 (12.05%) Integration Testing
6 34 (10.24%) Risk Management
7 30 (9.04%) TDD
8 25 (7.53%) E-Commerce
9 24 (7.23%) User Acceptance Testing
10 23 (6.93%) Algorithmic Trading
11 20 (6.02%) Analytics
11 20 (6.02%) Mathematics
11 20 (6.02%) Test Automation
12 19 (5.72%) Project Management
13 18 (5.42%) OO
14 17 (5.12%) SDLC
15 16 (4.82%) Business Analysis
15 16 (4.82%) Unit Testing
16 15 (4.52%) Market Making
17 12 (3.61%) Continuous Integration
Programming Languages
1 160 (48.19%) Java
2 73 (21.99%) SQL
3 60 (18.07%) C++
4 53 (15.96%) C#
5 22 (6.63%) JavaScript
5 22 (6.63%) Python
6 15 (4.52%) Perl
7 9 (2.71%) Shell Script
8 7 (2.11%) Bash Shell
8 7 (2.11%) T-SQL
9 6 (1.81%) Korn
9 6 (1.81%) VBA
10 5 (1.51%) TypeScript
11 4 (1.20%) C
11 4 (1.20%) ES6
12 3 (0.90%) Ada
12 3 (0.90%) AWK
12 3 (0.90%) PL/SQL
12 3 (0.90%) Ruby
13 2 (0.60%) PowerShell
Qualifications
1 22 (6.63%) Degree
1 22 (6.63%) PhD
2 2 (0.60%) Computer Science Degree
2 2 (0.60%) PRINCE2 Certification
3 1 (0.30%) ISEB
3 1 (0.30%) PMI Certification
3 1 (0.30%) PMP
Quality Assurance & Compliance
1 31 (9.34%) MiFID
2 15 (4.52%) QA
3 10 (3.01%) EMIR
4 4 (1.20%) SLA
5 2 (0.60%) SEPA
6 1 (0.30%) COREP
6 1 (0.30%) PMO
6 1 (0.30%) TARGET2
System Software
1 3 (0.90%) Docker
2 2 (0.60%) HDFS
3 1 (0.30%) Apache Flume
3 1 (0.30%) Apache ZooKeeper
Systems Management
1 3 (0.90%) Ansible
1 3 (0.90%) Opscode Chef
2 2 (0.60%) HP Quality Center
2 2 (0.60%) Oozie
3 1 (0.30%) Hadoop YARN
Vendors
1 52 (15.66%) TIBCO
2 46 (13.86%) Sybase
3 32 (9.64%) ION Trading
4 20 (6.02%) Oracle
5 19 (5.72%) Murex
6 16 (4.82%) Microsoft
6 16 (4.82%) Reuters
7 14 (4.22%) Bloomberg
8 7 (2.11%) FXall
9 6 (1.81%) Solace
10 5 (1.51%) Remedy
11 4 (1.20%) Currenex
11 4 (1.20%) Infragistics
11 4 (1.20%) Typemock
12 3 (0.90%) Misys
12 3 (0.90%) SunGard
13 2 (0.60%) CQG
13 2 (0.60%) Fidessa
13 2 (0.60%) Tableau
13 2 (0.60%) Wallstreet Suite