Period
to 19 September 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 19 September 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
19 Sep 2021
Same period 2020 Same period 2019
Rank 70 67 145
Rank change year-on-year -3 +78 -58
Contract jobs citing Foreign Exchange (FX) 109 60 93
As % of all contract jobs advertised in the City of London 3.04% 3.42% 1.49%
As % of the Miscellaneous category 7.91% 9.97% 4.99%
Number of daily rates quoted 88 34 75
10th Percentile £517 £513 £343
25th Percentile £663 £517 £513
Median daily rate (50th Percentile) £700 £618 £650
Median % change year-on-year +13.36% -5.00% +4.00%
75th Percentile £800 £741 £738
90th Percentile £829 £818 £778
Central London median daily rate £700 £610 £650
% change year-on-year +14.75% -6.15% +4.00%

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 1,378 602 1,864
As % of all contract IT jobs advertised in the City of London 38.44% 34.28% 29.78%
Number of daily rates quoted 994 396 1,420
10th Percentile £381 £313 £319
25th Percentile £489 £413 £431
Median daily rate (50th Percentile) £600 £525 £525
Median % change year-on-year +14.29% - -
75th Percentile £688 £620 £625
90th Percentile £775 £693 £688
Central London median daily rate £600 £525 £525
% change year-on-year +14.29% - -
Number of hourly rates quoted 26 25 34
10th Percentile £8.00 £16.00 £11.25
25th Percentile £19.44 £31.00 £12.76
Median hourly rate £33.45 £37.75 £20.25
Median % change year-on-year -11.39% +86.42% +5.19%
75th Percentile £42.63 £47.75 £33.61
90th Percentile £62.25 £53.00 £46.23
Central London median hourly rate £30.25 £37.50 £20.50
% change year-on-year -19.33% +82.93% +5.81%

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 19 September 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 19 September 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 73 (66.97%) Java
2 51 (46.79%) Front Office
3 49 (44.95%) Electronic Trading
4 43 (39.45%) Agile Software Development
5 42 (38.53%) Multithreading
6 39 (35.78%) Low Latency
7 32 (29.36%) Banking
8 30 (27.52%) Fixed Income
9 28 (25.69%) Finance
10 25 (22.94%) TDD
11 22 (20.18%) Social Skills
12 20 (18.35%) Spring
12 20 (18.35%) BDD
13 19 (17.43%) Java 11
14 17 (15.60%) Continuous Improvement
14 17 (15.60%) Enterprise Software
14 17 (15.60%) Garbage Collection
14 17 (15.60%) Software Engineering
14 17 (15.60%) Python
15 16 (14.68%) C++
16 15 (13.76%) Investment Banking
16 15 (13.76%) Derivative
17 14 (12.84%) Equities
17 14 (12.84%) Spring Boot
18 13 (11.93%) React
18 13 (11.93%) AngularJS
19 12 (11.01%) SDLC
20 11 (10.09%) JavaScript
20 11 (10.09%) SQL
20 11 (10.09%) Microservices

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 3 (2.75%) Apache Spark
2 2 (1.83%) Confluence
2 2 (1.83%) Oracle Workflow
Applications
1 8 (7.34%) Spreadsheet
2 2 (1.83%) Microsoft Excel
2 2 (1.83%) Microsoft Office
3 1 (0.92%) MS Visio
Business Applications
1 4 (3.67%) Summit
2 2 (1.83%) Eikon
2 2 (1.83%) Oracle FAH
2 2 (1.83%) Oracle General Ledger
2 2 (1.83%) Oracle Subledger Accounting
2 2 (1.83%) Refinitiv Enterprise Platform
3 1 (0.92%) FINCAD Analytics
3 1 (0.92%) Orchestrade
Cloud Services
1 9 (8.26%) AWS
1 9 (8.26%) Azure
Communications & Networking
1 7 (6.42%) BGP
2 2 (1.83%) Firewall
2 2 (1.83%) Multicast
Database & Business Intelligence
1 7 (6.42%) SQL Server
2 6 (5.50%) Hazelcast
3 3 (2.75%) KDB
4 1 (0.92%) Data Mart
4 1 (0.92%) RDBMS
4 1 (0.92%) Relational Database
Development Applications
1 9 (8.26%) JIRA
2 7 (6.42%) Jenkins
3 4 (3.67%) Bitbucket
4 3 (2.75%) Git (software)
4 3 (2.75%) Maven
5 2 (1.83%) GCC
5 2 (1.83%) GDB
6 1 (0.92%) CMake
6 1 (0.92%) Cucumber
6 1 (0.92%) IntelliJ
6 1 (0.92%) Selenium
6 1 (0.92%) Storybook
6 1 (0.92%) Subversion
6 1 (0.92%) TeamCity
6 1 (0.92%) webpack
General
1 51 (46.79%) Front Office
2 32 (29.36%) Banking
3 28 (25.69%) Finance
4 22 (20.18%) Social Skills
5 15 (13.76%) Investment Banking
6 10 (9.17%) Analytical Skills
7 2 (1.83%) General Ledger
7 2 (1.83%) Legal
7 2 (1.83%) Organisational Skills
8 1 (0.92%) Back Office
8 1 (0.92%) Financial Institution
8 1 (0.92%) Influencing Skills
8 1 (0.92%) Presentation Skills
8 1 (0.92%) Prime Brokerage
Job Titles
1 75 (68.81%) Developer
2 47 (43.12%) Java Developer
3 12 (11.01%) Python Developer
4 11 (10.09%) Analyst
4 11 (10.09%) Front Office Developer
4 11 (10.09%) Senior Developer
5 8 (7.34%) Consultant
5 8 (7.34%) Electronic Trading Consultant
5 8 (7.34%) Electronic Trading Developer
5 8 (7.34%) Electronic Trading Java Developer
5 8 (7.34%) Java Consultant
5 8 (7.34%) Low Latency Java Developer
5 8 (7.34%) Pricing Consultant
6 7 (6.42%) Analytics Developer
6 7 (6.42%) Business Analyst
6 7 (6.42%) C# Developer
7 6 (5.50%) C++ Developer
7 6 (5.50%) E-Commerce Developer
7 6 (5.50%) Java E-Commerce Developer
8 5 (4.59%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 20 (18.35%) Spring
2 14 (12.84%) Spring Boot
3 13 (11.93%) AngularJS
3 13 (11.93%) React
4 11 (10.09%) Node.js
5 7 (6.42%) Angular 2
5 7 (6.42%) jQuery
5 7 (6.42%) NumPy
5 7 (6.42%) Pandas
5 7 (6.42%) PyTorch
6 6 (5.50%) Kafka
7 3 (2.75%) .NET
7 3 (2.75%) FIX Protocol
7 3 (2.75%) XML
8 2 (1.83%) CSS
8 2 (1.83%) HTML
8 2 (1.83%) JMS
8 2 (1.83%) Middleware
8 2 (1.83%) Rendezvous
8 2 (1.83%) STL
Miscellaneous
1 30 (27.52%) Fixed Income
2 17 (15.60%) Enterprise Software
3 15 (13.76%) Derivative
4 14 (12.84%) Equities
5 8 (7.34%) Legacy Systems
6 7 (6.42%) Hedge funds
7 4 (3.67%) Client/Server
7 4 (3.67%) User Experience
8 3 (2.75%) Greenfield Project
8 3 (2.75%) Interest Rate Derivative
8 3 (2.75%) Management Information System
8 3 (2.75%) N-Tier
9 2 (1.83%) Data Structures
9 2 (1.83%) Equity Derivative
10 1 (0.92%) Contract for Difference
10 1 (0.92%) Credit Risk
10 1 (0.92%) Market Risk
Operating Systems
1 4 (3.67%) Linux
2 3 (2.75%) Unix
3 2 (1.83%) Red Hat Enterprise Linux
3 2 (1.83%) Windows
3 2 (1.83%) Windows Server
Processes & Methodologies
1 49 (44.95%) Electronic Trading
2 43 (39.45%) Agile Software Development
3 42 (38.53%) Multithreading
4 39 (35.78%) Low Latency
5 25 (22.94%) TDD
6 20 (18.35%) BDD
7 17 (15.60%) Continuous Improvement
7 17 (15.60%) Garbage Collection
7 17 (15.60%) Software Engineering
8 12 (11.01%) SDLC
9 11 (10.09%) Microservices
10 10 (9.17%) Analytics
10 10 (9.17%) Mathematics
11 9 (8.26%) Asset Management
11 9 (8.26%) High Availability
12 8 (7.34%) DevOps
12 8 (7.34%) Fintech
13 7 (6.42%) Business Analysis
13 7 (6.42%) E-Commerce
13 7 (6.42%) Portfolio Management
Programming Languages
1 73 (66.97%) Java
2 19 (17.43%) Java 11
3 17 (15.60%) Python
4 16 (14.68%) C++
5 11 (10.09%) JavaScript
5 11 (10.09%) SQL
6 10 (9.17%) C#
7 7 (6.42%) TypeScript
8 5 (4.59%) Java 8
9 4 (3.67%) Perl
10 3 (2.75%) Kotlin
11 2 (1.83%) C
11 2 (1.83%) Scala
12 1 (0.92%) Shell Script
12 1 (0.92%) VBA
Qualifications
1 3 (2.75%) Degree
2 2 (1.83%) ACCA
2 2 (1.83%) CIMA
3 1 (0.92%) CFA
Quality Assurance & Compliance
1 3 (2.75%) QA
2 2 (1.83%) GAAP
2 2 (1.83%) IFRS
3 1 (0.92%) Data Quality
3 1 (0.92%) EMIR
3 1 (0.92%) MiFID
System Software
1 3 (2.75%) Docker
Systems Management
1 3 (2.75%) Kubernetes
2 1 (0.92%) HP Quality Center
2 1 (0.92%) ITRS Geneos
Vendors
1 10 (9.17%) Oracle
2 5 (4.59%) Murex
3 4 (3.67%) Bloomberg
3 4 (3.67%) Solace
4 3 (2.75%) Salesforce.com
5 2 (1.83%) Citrix
5 2 (1.83%) Red Hat
5 2 (1.83%) Refinitiv
5 2 (1.83%) Reuters
5 2 (1.83%) TIBCO
6 1 (0.92%) Barracuda Networks
6 1 (0.92%) Calypso
6 1 (0.92%) FXall
6 1 (0.92%) HP
6 1 (0.92%) ION Trading
6 1 (0.92%) MarketAxess
6 1 (0.92%) Tradeweb