Period
to 15 October 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 15 October 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
15 Oct 2018
Same period 2017 Same period 2016
Rank 73 51 78
Rank change year-on-year -22 +27 -4
Contract jobs citing Foreign Exchange (FX) 220 286 209
As % of all contract IT jobs advertised in the City of London 3.14% 4.22% 3.15%
As % of the Miscellaneous category 7.32% 9.72% 7.54%
Number of daily rates quoted 198 243 174
City of London median daily rate £600 £600 £594
Median daily rate % change year-on-year - +1.05% -1.04%
10th Percentile £498 £425 £436
90th Percentile £813 £798 £765
Central London median daily rate £600 £600 £585
% change year-on-year - +2.56% -2.50%
Number of hourly rates quoted 0 0 2
City of London median hourly rate - - £65.00
Central London median hourly rate - - £65.00

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 3,006 2,943 2,773
As % of all contract IT jobs advertised in the City of London 42.94% 43.38% 41.81%
Number of daily rates quoted 2,342 2,260 2,209
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £308 £320 £313
90th Percentile £713 £700 £675
Central London median daily rate £525 £525 £475
% change year-on-year - +10.53% +0.80%
Number of hourly rates quoted 59 34 30
City of London median hourly rate £19.25 £20.85 £19.00
Median hourly rate % change year-on-year -7.67% +9.74% -9.52%
10th Percentile £13.20 £12.79 £11.25
90th Percentile £37.09 £33.25 £85.08
Central London median hourly rate £19.25 £20.00 £19.00
% change year-on-year -3.75% +5.26% -5.00%

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 15 October 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 15 October 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 - 35 £550 -
Foreign Exchange (FX)
Central London

For the 6 months to 15 October 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).

1 124 (56.36%) Finance
2 89 (40.45%) Front Office
3 82 (37.27%) Java
4 81 (36.82%) Banking
5 48 (21.82%) Electronic Trading
6 47 (21.36%) Python
6 47 (21.36%) Low Latency
7 44 (20.00%) Agile Software Development
8 42 (19.09%) Multithreading
9 39 (17.73%) Fixed Income
10 36 (16.36%) Elasticsearch
11 35 (15.91%) NumPy
11 35 (15.91%) Splunk
11 35 (15.91%) Pandas
11 35 (15.91%) Apache Spark
11 35 (15.91%) PySpark
12 33 (15.00%) C#
13 31 (14.09%) Equities
13 31 (14.09%) Derivative
14 29 (13.18%) .NET
15 28 (12.73%) SQL
16 27 (12.27%) Linux
17 24 (10.91%) SQL Server
17 24 (10.91%) Asset Management
18 23 (10.45%) Investment Banking
18 23 (10.45%) C++
19 22 (10.00%) JavaScript
19 22 (10.00%) TDD
20 21 (9.55%) Test Automation
21 20 (9.09%) TIBCO

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 36 (16.36%) Elasticsearch
2 35 (15.91%) Apache Spark
3 3 (1.36%) Cloud Foundry
3 3 (1.36%) CMS
3 3 (1.36%) Confluence
4 1 (0.45%) JBoss
4 1 (0.45%) MQSeries
4 1 (0.45%) SharePoint
4 1 (0.45%) SharePoint 2010
4 1 (0.45%) SharePoint 2013
4 1 (0.45%) Umbraco
4 1 (0.45%) WebLogic
Applications
1 6 (2.73%) Microsoft Excel
2 2 (0.91%) Maya
2 2 (0.91%) Photoshop
2 2 (0.91%) ZBrush
3 1 (0.45%) Microsoft Office
Business Applications
1 3 (1.36%) ION MarketView
2 1 (0.45%) BusinessWorks
2 1 (0.45%) Kondor
2 1 (0.45%) Markit EDM
2 1 (0.45%) OpenText VIM for SAP
2 1 (0.45%) Orchestrade
2 1 (0.45%) Payment Gateway
2 1 (0.45%) Salesforce.com CRM
2 1 (0.45%) SAP BPC
2 1 (0.45%) SAP CO
2 1 (0.45%) SAP FI
2 1 (0.45%) SAP FI/CO
2 1 (0.45%) Sentinel
Cloud Services
1 4 (1.82%) Microsoft Azure
2 3 (1.36%) Amazon AWS
2 3 (1.36%) npm
3 1 (0.45%) AWS CloudFormation
3 1 (0.45%) PaaS
3 1 (0.45%) SaaS
Communications & Networking
1 1 (0.45%) Intranet
Database & Business Intelligence
1 24 (10.91%) SQL Server
2 5 (2.27%) Relational Database
3 4 (1.82%) Big Data
3 4 (1.82%) MongoDB
3 4 (1.82%) MySQL
4 3 (1.36%) NoSQL
4 3 (1.36%) SQL Server Integration Services
5 1 (0.45%) Apache Cassandra
5 1 (0.45%) Data Mart
5 1 (0.45%) Oracle Database
5 1 (0.45%) SQL Server 2008
5 1 (0.45%) Sybase ASE
Development Applications
1 15 (6.82%) Selenium
2 12 (5.45%) SpecFlow
3 8 (3.64%) Git (software)
3 8 (3.64%) WebDriver
4 5 (2.27%) JIRA
4 5 (2.27%) Visual Studio
5 4 (1.82%) Cucumber
5 4 (1.82%) Jenkins
6 3 (1.36%) Jasmine
6 3 (1.36%) Karma Test Runner
6 3 (1.36%) Maven
6 3 (1.36%) Moq
6 3 (1.36%) NUnit
6 3 (1.36%) Rhino Mocks
7 2 (0.91%) gulp
7 2 (0.91%) TestComplete
8 1 (0.45%) Artifactory
8 1 (0.45%) GitLab
8 1 (0.45%) Grunt
8 1 (0.45%) webpack
General
1 124 (56.36%) Finance
2 89 (40.45%) Front Office
3 81 (36.82%) Banking
4 23 (10.45%) Investment Banking
5 10 (4.55%) Back Office
6 3 (1.36%) Advertising
6 3 (1.36%) Financial Institution
6 3 (1.36%) Games
7 1 (0.45%) Billing
7 1 (0.45%) General Ledger
7 1 (0.45%) Retail
Job Titles
1 154 (70.00%) Developer
2 56 (25.45%) Java Developer
3 45 (20.45%) Senior Developer
4 31 (14.09%) Python Developer
5 30 (13.64%) Senior Java Developer
6 22 (10.00%) Analyst
6 22 (10.00%) Apache Spark Developer
6 22 (10.00%) Elasticsearch Developer
7 18 (8.18%) C# Developer
8 17 (7.73%) Low Latency Java Developer
9 16 (7.27%) Business Analyst
10 14 (6.36%) Electronic Trading Developer
11 12 (5.45%) Quantitative Developer
12 11 (5.00%) .NET Developer
13 10 (4.55%) QA Engineer
14 9 (4.09%) QA Automation Engineer
14 9 (4.09%) SQL Developer
15 8 (3.64%) Front Office Developer
15 8 (3.64%) QA Test Engineer
15 8 (3.64%) Test Engineer
Libraries, Frameworks & Software Standards
1 35 (15.91%) NumPy
1 35 (15.91%) Pandas
1 35 (15.91%) PySpark
2 29 (13.18%) .NET
3 19 (8.64%) JMS
4 18 (8.18%) HTML
5 15 (6.82%) FIX Protocol
6 14 (6.36%) HTML5
7 13 (5.91%) AngularJS
7 13 (5.91%) React
7 13 (5.91%) Rendezvous
7 13 (5.91%) TIBCO EMS
8 10 (4.55%) Node.js
9 9 (4.09%) CSS
10 8 (3.64%) ASP.NET
10 8 (3.64%) WPF
11 7 (3.18%) ASP.NET Web API
12 6 (2.73%) Spring
12 6 (2.73%) WCF
13 5 (2.27%) RxJS
Miscellaneous
1 39 (17.73%) Fixed Income
2 31 (14.09%) Derivative
2 31 (14.09%) Equities
3 13 (5.91%) Greenfield Project
4 10 (4.55%) Fintech
4 10 (4.55%) Hedge funds
5 8 (3.64%) Analytical Skills
6 7 (3.18%) Equity Derivative
7 5 (2.27%) Algorithms
7 5 (2.27%) CUDA
8 3 (1.36%) Credit Derivative
8 3 (1.36%) Interest Rate Derivative
9 2 (0.91%) Animation
9 2 (0.91%) Data Structures
9 2 (0.91%) N-Tier
9 2 (0.91%) OTC Derivatives
9 2 (0.91%) SWIFT
10 1 (0.45%) Cloud Native
10 1 (0.45%) Self-Motivation
10 1 (0.45%) User Experience
Operating Systems
1 27 (12.27%) Linux
2 11 (5.00%) Unix
3 7 (3.18%) Windows
4 3 (1.36%) Solaris
5 1 (0.45%) Windows 10
5 1 (0.45%) Windows Server
Processes & Methodologies
1 48 (21.82%) Electronic Trading
2 47 (21.36%) Low Latency
3 44 (20.00%) Agile Software Development
4 42 (19.09%) Multithreading
5 24 (10.91%) Asset Management
6 22 (10.00%) TDD
7 21 (9.55%) Test Automation
8 17 (7.73%) Risk Management
9 14 (6.36%) Algorithmic Trading
9 14 (6.36%) Performance Optimisation
10 13 (5.91%) BDD
11 12 (5.45%) E-Commerce
11 12 (5.45%) FX Algorithmic Trading
11 12 (5.45%) Monte Carlo Method
11 12 (5.45%) Multithreaded Programming
11 12 (5.45%) Scrum
12 11 (5.00%) Market Making
13 10 (4.55%) Stochastic Calculus
14 9 (4.09%) Migration
14 9 (4.09%) Workflow
Programming Languages
1 82 (37.27%) Java
2 47 (21.36%) Python
3 33 (15.00%) C#
4 28 (12.73%) SQL
5 23 (10.45%) C++
6 22 (10.00%) JavaScript
7 8 (3.64%) Java 8
8 6 (2.73%) Bash Shell
8 6 (2.73%) TypeScript
9 4 (1.82%) Perl
10 3 (1.36%) ES6
10 3 (1.36%) Korn
10 3 (1.36%) PowerShell
10 3 (1.36%) RPG
10 3 (1.36%) VBA
11 2 (0.91%) C
11 2 (0.91%) Shell Script
11 2 (0.91%) VBScript
12 1 (0.45%) AWK
12 1 (0.45%) XAML
Qualifications
1 3 (1.36%) Degree
2 2 (0.91%) Computer Science Degree
2 2 (0.91%) ISTQB
2 2 (0.91%) PhD
3 1 (0.45%) Numerate Degree
3 1 (0.45%) PMI Certification
Quality Assurance & Compliance
1 12 (5.45%) QA
2 8 (3.64%) MiFID
3 2 (0.91%) EMIR
4 1 (0.45%) PMO
4 1 (0.45%) SLA
System Software
1 5 (2.27%) Docker
2 1 (0.45%) Active Directory
Systems Management
1 4 (1.82%) Control-M
1 4 (1.82%) HP ALM
2 3 (1.36%) HP Quality Center
3 2 (0.91%) Ansible
3 2 (0.91%) Kubernetes
4 1 (0.45%) CA Spectrum
4 1 (0.45%) Kibana
4 1 (0.45%) logstash
4 1 (0.45%) Puppet
4 1 (0.45%) Terraform
Vendors
1 35 (15.91%) Splunk
2 20 (9.09%) TIBCO
3 6 (2.73%) Microsoft
4 5 (2.27%) Bloomberg
4 5 (2.27%) Charles River
4 5 (2.27%) Sybase
5 4 (1.82%) NVIDIA
5 4 (1.82%) Oracle
6 3 (1.36%) Calypso
6 3 (1.36%) Currenex
6 3 (1.36%) HP
6 3 (1.36%) ION Trading
7 2 (0.91%) FXall
8 1 (0.45%) Atlassian
8 1 (0.45%) Avaloq
8 1 (0.45%) Citrix
8 1 (0.45%) Misys
8 1 (0.45%) Murex
8 1 (0.45%) Sophis
8 1 (0.45%) Tradeweb