Period
to 22 April 2021

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 April 2021 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 Apr 2021
Same period 2020 Same period 2019
Rank 59 103 127
Rank change year-on-year +44 +24 -58
Contract jobs citing Foreign Exchange (FX) 92 65 125
As % of all contract jobs advertised in the City of London 3.68% 1.71% 1.86%
As % of the Miscellaneous category 9.26% 4.84% 5.00%
Number of daily rates quoted 64 59 113
10th Percentile £502 £496 "
25th Percentile £575 £538 £513
Median daily rate (50th Percentile) £675 £650 £625
Median % change year-on-year +3.85% +4.00% -7.41%
75th Percentile £725 £750 £688
90th Percentile £750 £850 £773
Central London median daily rate £675 £650 £625
% change year-on-year +3.85% +4.00% -7.41%

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 993 1,343 2,500
As % of all contract IT jobs advertised in the City of London 39.72% 35.25% 37.24%
Number of daily rates quoted 688 975 1,849
10th Percentile £340 £276 £313
25th Percentile £435 £413 £425
Median daily rate (50th Percentile) £550 £520 £525
Median % change year-on-year +5.77% -0.95% -
75th Percentile £650 £625 £625
90th Percentile £725 £694 £688
Central London median daily rate £550 £500 £525
% change year-on-year +10.00% -4.76% +1.94%
Number of hourly rates quoted 12 45 44
10th Percentile £11.59 £12.42 £12.58
25th Percentile £12.38 £14.38 £16.19
Median hourly rate £16.03 £25.00 £18.98
Median % change year-on-year -35.90% +31.75% -11.18%
75th Percentile £23.75 £38.75 £33.13
90th Percentile £36.13 £52.25 £37.50
Central London median hourly rate £18.99 £25.00 £20.00
% change year-on-year -24.05% +25.00% -4.76%

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 22 April 2021.

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

For the 6 months to 22 April 2021, 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 50 (54.35%) Front Office
2 45 (48.91%) Agile Software Development
3 38 (41.30%) Java
4 34 (36.96%) Multithreading
5 32 (34.78%) Electronic Trading
6 29 (31.52%) TDD
6 29 (31.52%) Banking
7 26 (28.26%) Finance
8 24 (26.09%) Low Latency
9 22 (23.91%) C++
10 20 (21.74%) C#
10 20 (21.74%) Derivative
11 19 (20.65%) Fixed Income
11 19 (20.65%) SQL
12 18 (19.57%) BDD
13 16 (17.39%) Continuous Improvement
13 16 (17.39%) Enterprise Software
13 16 (17.39%) Investment Banking
14 15 (16.30%) Garbage Collection
15 14 (15.22%) Analytical Skills
16 13 (14.13%) Python
17 12 (13.04%) Equities
17 12 (13.04%) DevOps
18 11 (11.96%) Risk Management
18 11 (11.96%) Software Engineering
19 10 (10.87%) Linux
19 10 (10.87%) Spring
19 10 (10.87%) Scrum
19 10 (10.87%) SDLC
20 8 (8.70%) Concurrent Programming

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 2 (2.17%) Apache Spark
1 2 (2.17%) Oracle Workflow
1 2 (2.17%) WebSphere
Applications
1 3 (3.26%) Microsoft Excel
2 2 (2.17%) Microsoft Office
2 2 (2.17%) MS Visio
3 1 (1.09%) Microsoft PowerPoint
Business Applications
1 7 (7.61%) Summit
2 5 (5.43%) Eikon
2 5 (5.43%) Refinitiv Enterprise Platform
3 2 (2.17%) Oracle FAH
3 2 (2.17%) Oracle General Ledger
3 2 (2.17%) Oracle Subledger Accounting
4 1 (1.09%) Loan IQ
4 1 (1.09%) Orchestrade
4 1 (1.09%) SAP ERP
4 1 (1.09%) SAP FI
Cloud Services
1 1 (1.09%) AWS
1 1 (1.09%) Cloud Computing
Communications & Networking
1 7 (7.61%) Firewall
2 2 (2.17%) LAN
2 2 (2.17%) Multicast
2 2 (2.17%) VPN
2 2 (2.17%) WAN
2 2 (2.17%) Wireless
3 1 (1.09%) HTTP
Database & Business Intelligence
1 2 (2.17%) DB2
2 1 (1.09%) Big Data
2 1 (1.09%) Couchbase
2 1 (1.09%) Flink
2 1 (1.09%) Hazelcast
2 1 (1.09%) MongoDB
2 1 (1.09%) MS Access
2 1 (1.09%) NoSQL
2 1 (1.09%) PostgreSQL
2 1 (1.09%) Relational Database
2 1 (1.09%) SQL Server
Development Applications
1 7 (7.61%) Bitbucket
1 7 (7.61%) Jenkins
1 7 (7.61%) JIRA
2 3 (3.26%) TeamCity
3 2 (2.17%) GCC
3 2 (2.17%) GDB
4 1 (1.09%) Cucumber
4 1 (1.09%) Maven
4 1 (1.09%) Selenium
4 1 (1.09%) Storybook
4 1 (1.09%) webpack
General
1 50 (54.35%) Front Office
2 29 (31.52%) Banking
3 26 (28.26%) Finance
4 16 (17.39%) Investment Banking
5 5 (5.43%) Financial Institution
6 4 (4.35%) International Banking
7 2 (2.17%) General Ledger
8 1 (1.09%) French Language
8 1 (1.09%) Retail
8 1 (1.09%) Telecoms
Job Titles
1 55 (59.78%) Developer
2 34 (36.96%) Java Developer
3 21 (22.83%) Analyst
4 12 (13.04%) Qualitative Analyst
4 12 (13.04%) Quantitative Analyst
5 11 (11.96%) Front Office Developer
6 10 (10.87%) C++ Developer
6 10 (10.87%) Electronic Trading Developer
6 10 (10.87%) Electronic Trading Java Developer
7 9 (9.78%) Business Analyst
7 9 (9.78%) C# Developer
8 8 (8.70%) SQL Developer
9 7 (7.61%) C++/C# Developer
9 7 (7.61%) Perl Developer
9 7 (7.61%) Summit Developer
10 6 (6.52%) Architect
11 5 (5.43%) Data Engineer
11 5 (5.43%) Market Data Engineer
11 5 (5.43%) Market Data Support Engineer
11 5 (5.43%) Support Engineer
Libraries, Frameworks & Software Standards
1 10 (10.87%) Spring
2 6 (6.52%) FIX Protocol
2 6 (6.52%) Spring Boot
3 5 (5.43%) .NET
3 5 (5.43%) Kafka
3 5 (5.43%) Software Packaging
4 4 (4.35%) AngularJS
4 4 (4.35%) React
5 3 (3.26%) Boost C++ Libraries
5 3 (3.26%) STL
5 3 (3.26%) WCF
5 3 (3.26%) WPF
6 2 (2.17%) Middleware
6 2 (2.17%) Redux
6 2 (2.17%) RESTful
6 2 (2.17%) WebSockets
6 2 (2.17%) WebSphere MQ
6 2 (2.17%) XML
6 2 (2.17%) XML Messaging
7 1 (1.09%) Jest
Miscellaneous
1 20 (21.74%) Derivative
2 19 (20.65%) Fixed Income
3 16 (17.39%) Enterprise Software
4 14 (15.22%) Analytical Skills
5 12 (13.04%) Equities
6 6 (6.52%) Market Risk
7 5 (5.43%) Client/Server
8 4 (4.35%) Management Information System
8 4 (4.35%) User Experience
9 3 (3.26%) Mobile Payment
9 3 (3.26%) SWIFT
10 2 (2.17%) Data Centre
11 1 (1.09%) Data Structures
11 1 (1.09%) Greenfield Project
11 1 (1.09%) Grid Computing
11 1 (1.09%) Organisational Skills
Operating Systems
1 10 (10.87%) Linux
2 7 (7.61%) Red Hat Enterprise Linux
3 5 (5.43%) Windows
3 5 (5.43%) Windows Server
Processes & Methodologies
1 45 (48.91%) Agile Software Development
2 34 (36.96%) Multithreading
3 32 (34.78%) Electronic Trading
4 29 (31.52%) TDD
5 24 (26.09%) Low Latency
6 18 (19.57%) BDD
7 16 (17.39%) Continuous Improvement
8 15 (16.30%) Garbage Collection
9 12 (13.04%) DevOps
10 11 (11.96%) Risk Management
10 11 (11.96%) Software Engineering
11 10 (10.87%) Scrum
11 10 (10.87%) SDLC
12 8 (8.70%) Concurrent Programming
13 7 (7.61%) Mathematics
14 6 (6.52%) Analytics
15 5 (5.43%) Physics
15 5 (5.43%) Project Management
15 5 (5.43%) Software Distribution
15 5 (5.43%) Statistics
Programming Languages
1 38 (41.30%) Java
2 22 (23.91%) C++
3 20 (21.74%) C#
4 19 (20.65%) SQL
5 13 (14.13%) Python
6 7 (7.61%) Perl
7 5 (5.43%) Java 8
7 5 (5.43%) TypeScript
8 4 (4.35%) Kotlin
9 3 (3.26%) Scala
10 2 (2.17%) C
10 2 (2.17%) JavaScript
11 1 (1.09%) Groovy
Qualifications
1 8 (8.70%) Degree
2 4 (4.35%) PhD
3 2 (2.17%) ACCA
3 2 (2.17%) CIMA
4 1 (1.09%) Computer Science Degree
4 1 (1.09%) SAP Certification
Quality Assurance & Compliance
1 3 (3.26%) IFRS
1 3 (3.26%) SEPA
2 2 (2.17%) GAAP
3 1 (1.09%) MiFID
3 1 (1.09%) QA
System Software
1 2 (2.17%) VMware ESXi
1 2 (2.17%) VMware Infrastructure
1 2 (2.17%) vSphere
2 1 (1.09%) Docker
Systems Management
1 2 (2.17%) Kubernetes
Vendors
1 7 (7.61%) Citrix
1 7 (7.61%) Red Hat
2 5 (5.43%) Bloomberg
2 5 (5.43%) Refinitiv
2 5 (5.43%) Reuters
2 5 (5.43%) Solace
3 3 (3.26%) Microsoft
3 3 (3.26%) Murex
4 2 (2.17%) IBM
4 2 (2.17%) Oracle
4 2 (2.17%) VMware
5 1 (1.09%) Infragistics
5 1 (1.09%) SAP
5 1 (1.09%) Sybase
5 1 (1.09%) TIBCO