Period
to 16 August 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 16 August 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
16 Aug 2018
Same period 2017 Same period 2016
Rank 95 64 77
Rank change year-on-year -31 +13 +6
Contract jobs citing Foreign Exchange (FX) 187 234 200
As % of all contract IT jobs advertised in the City of London 2.68% 3.55% 2.94%
As % of the Miscellaneous category 6.14% 8.44% 7.30%
Number of daily rates quoted 169 190 175
City of London median daily rate £650 £600 £575
Median daily rate % change year-on-year +8.33% +4.35% -4.17%
10th Percentile £494 £456 £455
90th Percentile £838 £750 £750
Central London median daily rate £650 £600 £575
% change year-on-year +8.33% +4.35% -4.17%
Number of hourly rates quoted 0 0 3
City of London median hourly rate - - £50.00
Central London median hourly rate - - £50.00

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 3,048 2,771 2,740
As % of all contract IT jobs advertised in the City of London 43.69% 42.03% 40.29%
Number of daily rates quoted 2,336 2,101 2,218
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% +2.15%
10th Percentile £319 £313 £305
90th Percentile £725 £688 £663
Central London median daily rate £525 £525 £470
% change year-on-year - +11.70% +4.44%
Number of hourly rates quoted 57 30 30
City of London median hourly rate £19.50 £21.16 £19.00
Median hourly rate % change year-on-year -7.82% +11.34% -9.52%
10th Percentile £13.31 £12.52 £11.25
90th Percentile £42.70 £33.36 £47.80
Central London median hourly rate £19.38 £18.85 £18.45
% change year-on-year +2.79% +2.17% -12.14%

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 16 August 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

Foreign Exchange (FX)
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the City of London region over the 6 months to 16 August 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London Bridge - 8 £550 -
Foreign Exchange (FX)
Central London

For the 6 months to 16 August 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 (45.99%) Front Office
2 84 (44.92%) Finance
3 80 (42.78%) Java
4 69 (36.90%) Banking
5 55 (29.41%) Electronic Trading
6 44 (23.53%) Multithreading
7 40 (21.39%) Agile Software Development
7 40 (21.39%) Low Latency
8 38 (20.32%) Fixed Income
9 36 (19.25%) C#
9 36 (19.25%) Linux
10 30 (16.04%) SQL
11 28 (14.97%) Derivative
12 27 (14.44%) C++
13 24 (12.83%) .NET
13 24 (12.83%) Investment Banking
14 23 (12.30%) TIBCO
15 22 (11.76%) SQL Server
15 22 (11.76%) Python
15 22 (11.76%) FIX Protocol
16 20 (10.70%) JavaScript
17 19 (10.16%) HTML
18 18 (9.63%) Risk Management
18 18 (9.63%) Equities
18 18 (9.63%) AngularJS
19 17 (9.09%) TDD
20 16 (8.56%) TIBCO EMS
20 16 (8.56%) Back Office
20 16 (8.56%) JMS
21 14 (7.49%) Test Automation

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 (4.81%) Apache Spark
1 9 (4.81%) Elasticsearch
2 2 (1.07%) Confluence
3 1 (0.53%) Apache Solr
3 1 (0.53%) CMS
3 1 (0.53%) JBoss
3 1 (0.53%) MQSeries
3 1 (0.53%) SharePoint
3 1 (0.53%) SharePoint 2010
3 1 (0.53%) SharePoint 2013
3 1 (0.53%) Tomcat
3 1 (0.53%) Umbraco
3 1 (0.53%) WebLogic
Applications
1 3 (1.60%) Microsoft Excel
2 2 (1.07%) Maya
2 2 (1.07%) Photoshop
2 2 (1.07%) ZBrush
Business Applications
1 10 (5.35%) ION MarketView
2 2 (1.07%) Orchestrade
3 1 (0.53%) BusinessWorks
3 1 (0.53%) Kondor
3 1 (0.53%) Markit EDM
3 1 (0.53%) OpenText VIM for SAP
3 1 (0.53%) SAP BPC
3 1 (0.53%) SAP CO
3 1 (0.53%) SAP FI
3 1 (0.53%) SAP FI/CO
3 1 (0.53%) Sentinel
3 1 (0.53%) Summit
Cloud Services
1 4 (2.14%) Microsoft Azure
2 3 (1.60%) Amazon AWS
3 2 (1.07%) npm
4 1 (0.53%) AWS CloudFormation
4 1 (0.53%) SaaS
4 1 (0.53%) Yarn
Communications & Networking
1 1 (0.53%) Intranet
1 1 (0.53%) Kerberos
Database & Business Intelligence
1 22 (11.76%) SQL Server
2 5 (2.67%) KDB
2 5 (2.67%) Relational Database
2 5 (2.67%) SQL Server 2008
3 4 (2.14%) MongoDB
4 3 (1.60%) NoSQL
5 2 (1.07%) MySQL
6 1 (0.53%) Apache Cassandra
6 1 (0.53%) Apache Hive
6 1 (0.53%) Big Data
6 1 (0.53%) Data Mart
6 1 (0.53%) Hadoop
6 1 (0.53%) HBase
6 1 (0.53%) SQL Server 2012
6 1 (0.53%) SQL Server 2014
6 1 (0.53%) SQL Server Integration Services
6 1 (0.53%) SQL Server Reporting Services
6 1 (0.53%) Sqoop
6 1 (0.53%) Sybase ASE
Development Applications
1 8 (4.28%) Selenium
2 7 (3.74%) Cucumber
3 6 (3.21%) SpecFlow
4 4 (2.14%) Atlassian Bamboo
4 4 (2.14%) Maven
4 4 (2.14%) Visual Studio
4 4 (2.14%) WebDriver
5 3 (1.60%) Git (software)
5 3 (1.60%) gulp
5 3 (1.60%) Jenkins
5 3 (1.60%) Moq
5 3 (1.60%) NUnit
6 2 (1.07%) Artifactory
6 2 (1.07%) JIRA
6 2 (1.07%) JUnit
6 2 (1.07%) Rhino Mocks
6 2 (1.07%) TeamCity
7 1 (0.53%) Grunt
7 1 (0.53%) Sonatype Nexus
7 1 (0.53%) Subversion
General
1 86 (45.99%) Front Office
2 84 (44.92%) Finance
3 69 (36.90%) Banking
4 24 (12.83%) Investment Banking
5 16 (8.56%) Back Office
6 5 (2.67%) Financial Institution
7 3 (1.60%) Advertising
7 3 (1.60%) Games
8 1 (0.53%) Billing
8 1 (0.53%) General Ledger
8 1 (0.53%) Legal
8 1 (0.53%) Retail
Job Titles
1 123 (65.78%) Developer
2 55 (29.41%) Java Developer
3 39 (20.86%) Senior Developer
4 28 (14.97%) Senior Java Developer
5 24 (12.83%) Analyst
6 18 (9.63%) Electronic Trading Developer
7 17 (9.09%) Business Analyst
7 17 (9.09%) C# Developer
8 16 (8.56%) Quantitative Developer
9 12 (6.42%) Front Office Developer
10 11 (5.88%) Electronic Trading Java Developer
10 11 (5.88%) Python Developer
11 8 (4.28%) Apache Spark Developer
11 8 (4.28%) Elasticsearch Developer
11 8 (4.28%) Project Manager
12 7 (3.74%) Analyst Developer
12 7 (3.74%) FX Business Analyst
12 7 (3.74%) Java Engineer
12 7 (3.74%) Qualitative Analyst
12 7 (3.74%) Quantitative Analyst
Libraries, Frameworks & Software Standards
1 24 (12.83%) .NET
2 22 (11.76%) FIX Protocol
3 19 (10.16%) HTML
4 18 (9.63%) AngularJS
5 16 (8.56%) JMS
5 16 (8.56%) TIBCO EMS
6 13 (6.95%) HTML5
6 13 (6.95%) React
6 13 (6.95%) Rendezvous
6 13 (6.95%) WPF
7 9 (4.81%) Node.js
8 8 (4.28%) ASP.NET
8 8 (4.28%) NumPy
8 8 (4.28%) Pandas
8 8 (4.28%) PySpark
8 8 (4.28%) RxJS
9 6 (3.21%) ASP.NET Web API
9 6 (3.21%) CSS
9 6 (3.21%) Socket.IO
9 6 (3.21%) WCF
Miscellaneous
1 38 (20.32%) Fixed Income
2 28 (14.97%) Derivative
3 18 (9.63%) Equities
4 9 (4.81%) Equity Derivative
4 9 (4.81%) Fintech
4 9 (4.81%) Greenfield Project
5 8 (4.28%) Algorithms
6 5 (2.67%) Analytical Skills
6 5 (2.67%) CUDA
7 4 (2.14%) Credit Derivative
8 3 (1.60%) Interest Rate Derivative
9 2 (1.07%) Animation
9 2 (1.07%) Data Structures
9 2 (1.07%) OTC Derivatives
9 2 (1.07%) Swaptions
9 2 (1.07%) SWIFT
10 1 (0.53%) Cloud Native
10 1 (0.53%) Mobile App
10 1 (0.53%) User Experience
10 1 (0.53%) VWAP
Operating Systems
1 36 (19.25%) Linux
2 12 (6.42%) Unix
3 8 (4.28%) Windows
4 4 (2.14%) Red Hat Enterprise Linux
5 2 (1.07%) Solaris
5 2 (1.07%) Windows Server
6 1 (0.53%) Windows 10
Processes & Methodologies
1 55 (29.41%) Electronic Trading
2 44 (23.53%) Multithreading
3 40 (21.39%) Agile Software Development
3 40 (21.39%) Low Latency
4 18 (9.63%) Risk Management
5 17 (9.09%) TDD
6 14 (7.49%) Test Automation
7 13 (6.95%) E-Commerce
8 11 (5.88%) Algorithmic Trading
8 11 (5.88%) Mathematics
8 11 (5.88%) Migration
8 11 (5.88%) Stochastic Calculus
9 10 (5.35%) Asset Management
9 10 (5.35%) Market Making
9 10 (5.35%) Monte Carlo Method
9 10 (5.35%) Multithreaded Programming
9 10 (5.35%) Performance Optimisation
9 10 (5.35%) Workflow
10 9 (4.81%) Analytics
10 9 (4.81%) System Testing
Programming Languages
1 80 (42.78%) Java
2 36 (19.25%) C#
3 30 (16.04%) SQL
4 27 (14.44%) C++
5 22 (11.76%) Python
6 20 (10.70%) JavaScript
7 12 (6.42%) Java 8
8 9 (4.81%) Bash Shell
9 8 (4.28%) TypeScript
10 4 (2.14%) ES6
10 4 (2.14%) Perl
11 3 (1.60%) C
11 3 (1.60%) Korn
11 3 (1.60%) PowerShell
11 3 (1.60%) RPG
11 3 (1.60%) VB.NET
11 3 (1.60%) VBA
12 2 (1.07%) PL/SQL
12 2 (1.07%) Shell Script
12 2 (1.07%) VBScript
Qualifications
1 7 (3.74%) PhD
2 4 (2.14%) Degree
3 2 (1.07%) Computer Science Degree
4 1 (0.53%) Numerate Degree
4 1 (0.53%) PMI Certification
Quality Assurance & Compliance
1 9 (4.81%) QA
2 7 (3.74%) MiFID
3 3 (1.60%) EMIR
4 2 (1.07%) SLA
5 1 (0.53%) Dodd-Frank
System Software
1 6 (3.21%) Docker
2 1 (0.53%) Active Directory
2 1 (0.53%) Apache ZooKeeper
2 1 (0.53%) HDFS
Systems Management
1 5 (2.67%) Control-M
2 2 (1.07%) CA Spectrum
2 2 (1.07%) HP ALM
2 2 (1.07%) HP Quality Center
3 1 (0.53%) Ansible
3 1 (0.53%) Hadoop YARN
3 1 (0.53%) Kibana
3 1 (0.53%) Kubernetes
3 1 (0.53%) logstash
3 1 (0.53%) Oozie
3 1 (0.53%) Puppet
3 1 (0.53%) Terraform
Vendors
1 23 (12.30%) TIBCO
2 10 (5.35%) ION Trading
2 10 (5.35%) Microsoft
3 9 (4.81%) Sybase
4 8 (4.28%) Splunk
5 5 (2.67%) Charles River
5 5 (2.67%) Oracle
6 4 (2.14%) Atlassian
6 4 (2.14%) Bloomberg
6 4 (2.14%) NVIDIA
7 3 (1.60%) HP
7 3 (1.60%) Red Hat
8 2 (1.07%) CA
8 2 (1.07%) Calypso
8 2 (1.07%) Currenex
8 2 (1.07%) FXall
8 2 (1.07%) Murex
8 2 (1.07%) Remedy
8 2 (1.07%) Reuters
9 1 (0.53%) Solace