Period
to 26 February 2020

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 26 February 2020 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
26 Feb 2020
Same period 2019 Same period 2018
Rank 112 99 47
Rank change year-on-year -13 -52 +12
Contract jobs citing Foreign Exchange (FX) 78 178 332
As % of all contract IT jobs advertised in the City of London 1.67% 2.60% 4.71%
As % of the Miscellaneous category 4.93% 6.75% 11.41%
Number of daily rates quoted 60 162 290
City of London median daily rate £650 £575 £650
Median daily rate % change year-on-year +13.04% -11.54% +8.33%
10th Percentile £325 £513 £463
90th Percentile £801 £775 £838
Central London median daily rate £650 £575 £650
% change year-on-year +13.04% -11.54% +8.33%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

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 1,581 2,637 2,909
As % of all contract IT jobs advertised in the City of London 33.77% 38.54% 41.23%
Number of daily rates quoted 1,169 1,986 2,289
City of London median daily rate £525 £525 £525
10th Percentile £275 £284 £313
90th Percentile £700 £700 £725
Central London median daily rate £503 £525 £525
% change year-on-year -4.29% - +9.38%
Number of hourly rates quoted 38 47 47
City of London median hourly rate £24.12 £18.70 £21.75
Median hourly rate % change year-on-year +28.98% -14.02% +14.47%
10th Percentile £12.42 £13.00 £12.99
90th Percentile £52.25 £35.54 £48.35
Central London median hourly rate £24.12 £18.70 £21.50
% change year-on-year +28.98% -13.02% +13.16%

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 26 February 2020.

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 26 February 2020. 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 0 1 £525 -
Foreign Exchange (FX)
Central London

For the 6 months to 26 February 2020, 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 46 (58.97%) Front Office
2 35 (44.87%) Java
3 33 (42.31%) Agile Software Development
4 27 (34.62%) Banking
4 27 (34.62%) Finance
5 24 (30.77%) Python
6 18 (23.08%) C#
7 16 (20.51%) TeamCity
8 15 (19.23%) Electronic Trading
9 13 (16.67%) JavaScript
9 13 (16.67%) SQL
9 13 (16.67%) Low Latency
9 13 (16.67%) SDLC
10 12 (15.38%) Multithreading
10 12 (15.38%) C++
10 12 (15.38%) E-Commerce
10 12 (15.38%) Fixed Income
11 11 (14.10%) Investment Banking
11 11 (14.10%) DevOps
12 10 (12.82%) Continuous Improvement
12 10 (12.82%) Derivative
12 10 (12.82%) Degree
12 10 (12.82%) JIRA
12 10 (12.82%) Equities
12 10 (12.82%) HTML
13 9 (11.54%) Validation
13 9 (11.54%) Scrum
13 9 (11.54%) QA
13 9 (11.54%) TDD
13 9 (11.54%) HTML5

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 (6.41%) Confluence
2 2 (2.56%) Apache Spark
3 1 (1.28%) Apache
3 1 (1.28%) Elasticsearch
Applications
1 1 (1.28%) MS Visio
1 1 (1.28%) Spreadsheet
Business Applications
1 3 (3.85%) ION MarketView
Cloud Services
1 5 (6.41%) Azure
2 4 (5.13%) Cloud Computing
3 3 (3.85%) AWS
3 3 (3.85%) GitHub
4 2 (2.56%) Amazon ECS
4 2 (2.56%) Amazon GuardDuty
4 2 (2.56%) AWS CloudFormation
4 2 (2.56%) GCP
4 2 (2.56%) Route 53
4 2 (2.56%) Virtual Private Cloud
5 1 (1.28%) Amazon CloudWatch
Communications & Networking
1 2 (2.56%) Firewall
Database & Business Intelligence
1 7 (8.97%) KDB
1 7 (8.97%) Kdb+
2 6 (7.69%) SQL Server
3 1 (1.28%) Big Data
3 1 (1.28%) MongoDB
3 1 (1.28%) NoSQL
3 1 (1.28%) Redis
Development Applications
1 16 (20.51%) TeamCity
2 10 (12.82%) JIRA
3 8 (10.26%) Git (software)
4 7 (8.97%) Maven
5 6 (7.69%) Jenkins
6 5 (6.41%) Octopus Deploy
7 4 (5.13%) Sonatype Nexus
7 4 (5.13%) Subversion
8 3 (3.85%) YourKit
9 2 (2.56%) CircleCI
9 2 (2.56%) JUnit
9 2 (2.56%) Team Foundation Server
10 1 (1.28%) Moq
10 1 (1.28%) NUnit
10 1 (1.28%) Selenium
10 1 (1.28%) SpecFlow
10 1 (1.28%) Visual Studio
General
1 46 (58.97%) Front Office
2 27 (34.62%) Banking
2 27 (34.62%) Finance
3 11 (14.10%) Investment Banking
4 4 (5.13%) Financial Institution
5 1 (1.28%) Back Office
5 1 (1.28%) Retail
Job Titles
1 44 (56.41%) Developer
2 14 (17.95%) Analyst
3 11 (14.10%) Quantitative Developer
4 10 (12.82%) Senior Developer
5 9 (11.54%) Java Developer
6 8 (10.26%) Analyst Developer
7 7 (8.97%) Business Analyst
7 7 (8.97%) KDB Developer
8 5 (6.41%) Full Stack Developer
9 4 (5.13%) Developer Analyst
9 4 (5.13%) DevOps Engineer
9 4 (5.13%) Java Engineer
9 4 (5.13%) Junior
9 4 (5.13%) Python Developer
9 4 (5.13%) Qualitative Analyst
9 4 (5.13%) Quantitative Analyst
9 4 (5.13%) Quantitative Analyst Developer
9 4 (5.13%) Quantitative Risk Analyst
9 4 (5.13%) Risk Analyst
9 4 (5.13%) Tester
Libraries, Frameworks & Software Standards
1 10 (12.82%) HTML
2 9 (11.54%) HTML5
3 8 (10.26%) .NET
3 8 (10.26%) AngularJS
3 8 (10.26%) CSS
4 7 (8.97%) FIX Protocol
4 7 (8.97%) React
4 7 (8.97%) WPF
5 4 (5.13%) CSS3
5 4 (5.13%) WCF
6 2 (2.56%) JNI
6 2 (2.56%) Spring Boot
7 1 (1.28%) .NET Framework
7 1 (1.28%) Ajax
7 1 (1.28%) Apache Flex
7 1 (1.28%) Drools
7 1 (1.28%) Murex Flex
7 1 (1.28%) PySpark
7 1 (1.28%) Silverlight
7 1 (1.28%) Vue.js
Miscellaneous
1 12 (15.38%) Fixed Income
2 10 (12.82%) Derivative
2 10 (12.82%) Equities
3 9 (11.54%) Greenfield Project
4 7 (8.97%) Enterprise Software
4 7 (8.97%) iPad
5 4 (5.13%) Credit Risk
5 4 (5.13%) Hedge funds
5 4 (5.13%) Market Risk
6 2 (2.56%) Analytical Skills
6 2 (2.56%) Management Information System
7 1 (1.28%) Cloud Native
7 1 (1.28%) Credit Derivative
7 1 (1.28%) Equity Derivative
7 1 (1.28%) OTC Derivatives
7 1 (1.28%) Self-Motivation
7 1 (1.28%) User Experience
7 1 (1.28%) Wiki
Operating Systems
1 2 (2.56%) Unix
2 1 (1.28%) Linux
2 1 (1.28%) Windows
Processes & Methodologies
1 33 (42.31%) Agile Software Development
2 15 (19.23%) Electronic Trading
3 13 (16.67%) Low Latency
3 13 (16.67%) SDLC
4 12 (15.38%) E-Commerce
4 12 (15.38%) Multithreading
5 11 (14.10%) DevOps
6 10 (12.82%) Continuous Improvement
7 9 (11.54%) Scrum
7 9 (11.54%) TDD
7 9 (11.54%) Test Automation
7 9 (11.54%) Validation
8 8 (10.26%) Performance Tuning
8 8 (10.26%) Unit Testing
8 8 (10.26%) Visualisation
9 7 (8.97%) Analytics
9 7 (8.97%) Business Intelligence
9 7 (8.97%) Mathematics
10 6 (7.69%) Computer Science
10 6 (7.69%) User Acceptance Testing
Programming Languages
1 35 (44.87%) Java
2 24 (30.77%) Python
3 18 (23.08%) C#
4 13 (16.67%) JavaScript
4 13 (16.67%) SQL
5 12 (15.38%) C++
6 1 (1.28%) C
6 1 (1.28%) Java 8
6 1 (1.28%) Perl
6 1 (1.28%) PowerShell
6 1 (1.28%) T-SQL
Qualifications
1 10 (12.82%) Degree
2 2 (2.56%) CISSP
2 2 (2.56%) Computer Science Degree
3 1 (1.28%) ISEB
3 1 (1.28%) Master's Degree
3 1 (1.28%) PhD
Quality Assurance & Compliance
1 9 (11.54%) QA
2 2 (2.56%) NIST
2 2 (2.56%) NIST 800
3 1 (1.28%) PSD2
System Software
1 2 (2.56%) Docker
Systems Management
1 4 (5.13%) Ansible
2 3 (3.85%) Terraform
3 1 (1.28%) HP Quality Center
Vendors
1 4 (5.13%) Murex
2 3 (3.85%) ION Trading
3 2 (2.56%) Microsoft
4 1 (1.28%) Cadence
4 1 (1.28%) FXall
4 1 (1.28%) HP
4 1 (1.28%) Oracle
4 1 (1.28%) Splunk
4 1 (1.28%) Sun
4 1 (1.28%) Typemock