Period
to 17 December 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 17 December 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
17 Dec 2018
Same period 2017 Same period 2016
Rank 84 49 66
Rank change year-on-year -35 +17 +1
Contract jobs citing Foreign Exchange (FX) 219 335 231
As % of all contract IT jobs advertised in the City of London 3.09% 4.69% 3.56%
As % of the Miscellaneous category 7.46% 10.96% 8.83%
Number of daily rates quoted 200 286 185
City of London median daily rate £575 £625 £600
Median daily rate % change year-on-year -8.00% +4.17% -
10th Percentile £486 £463 £425
90th Percentile £778 £838 £725
Central London median daily rate £575 £625 £600
% change year-on-year -8.00% +4.17% -
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 2,936 3,057 2,616
As % of all contract IT jobs advertised in the City of London 41.37% 42.78% 40.31%
Number of daily rates quoted 2,267 2,399 2,000
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £282 £319 £313
90th Percentile £713 £725 £675
Central London median daily rate £525 £525 £475
% change year-on-year - +10.53% -
Number of hourly rates quoted 60 37 30
City of London median hourly rate £19.25 £22.50 £19.00
Median hourly rate % change year-on-year -14.44% +18.42% -2.56%
10th Percentile £13.31 £13.19 £12.73
90th Percentile £33.41 £33.69 £55.00
Central London median hourly rate £19.25 £21.62 £18.73
% change year-on-year -10.96% +15.46% -3.97%

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 17 December 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 17 December 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 - 52 £525 -
Foreign Exchange (FX)
Central London

For the 6 months to 17 December 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).

1 130 (59.36%) Finance
2 83 (37.90%) Java
3 77 (35.16%) Banking
4 76 (34.70%) Front Office
5 62 (28.31%) Python
6 53 (24.20%) Apache Spark
7 52 (23.74%) Pandas
7 52 (23.74%) Splunk
7 52 (23.74%) Elasticsearch
7 52 (23.74%) PySpark
7 52 (23.74%) NumPy
8 46 (21.00%) Agile Software Development
9 44 (20.09%) Electronic Trading
10 41 (18.72%) Low Latency
11 39 (17.81%) Multithreading
12 32 (14.61%) Equities
12 32 (14.61%) C#
13 30 (13.70%) .NET
14 28 (12.79%) Linux
15 26 (11.87%) Derivative
16 25 (11.42%) SQL Server
16 25 (11.42%) Fixed Income
17 24 (10.96%) Investment Banking
18 22 (10.05%) HTML
19 21 (9.59%) JavaScript
19 21 (9.59%) TDD
19 21 (9.59%) Asset Management
20 20 (9.13%) TIBCO
21 19 (8.68%) JMS
21 19 (8.68%) SQL

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 53 (24.20%) Apache Spark
2 52 (23.74%) Elasticsearch
3 4 (1.83%) CMS
4 3 (1.37%) Cloud Foundry
4 3 (1.37%) Confluence
5 1 (0.46%) JBoss
5 1 (0.46%) MQSeries
5 1 (0.46%) SharePoint
5 1 (0.46%) SharePoint 2010
5 1 (0.46%) SharePoint 2013
5 1 (0.46%) Umbraco
5 1 (0.46%) WebLogic
Applications
1 5 (2.28%) Microsoft Excel
2 2 (0.91%) Maya
2 2 (0.91%) Photoshop
2 2 (0.91%) ZBrush
3 1 (0.46%) Microsoft Office
Business Applications
1 1 (0.46%) BusinessWorks
1 1 (0.46%) Kondor
1 1 (0.46%) OpenText VIM for SAP
1 1 (0.46%) Payment Gateway
1 1 (0.46%) Salesforce.com CRM
1 1 (0.46%) SAP BPC
1 1 (0.46%) SAP CO
1 1 (0.46%) SAP FI
1 1 (0.46%) SAP FI/CO
Cloud Services
1 4 (1.83%) Microsoft Azure
2 3 (1.37%) npm
3 2 (0.91%) Amazon AWS
4 1 (0.46%) AWS CloudFormation
4 1 (0.46%) GitHub
4 1 (0.46%) PaaS
Communications & Networking
1 1 (0.46%) Intranet
Database & Business Intelligence
1 25 (11.42%) SQL Server
2 5 (2.28%) Big Data
3 4 (1.83%) MySQL
4 3 (1.37%) Relational Database
4 3 (1.37%) SQL Server Integration Services
5 1 (0.46%) Data Mart
5 1 (0.46%) KDB
5 1 (0.46%) Kdb+
5 1 (0.46%) MongoDB
5 1 (0.46%) NoSQL
5 1 (0.46%) Oracle Database
5 1 (0.46%) Sybase ASE
Development Applications
1 15 (6.85%) Selenium
2 11 (5.02%) SpecFlow
3 8 (3.65%) JIRA
4 7 (3.20%) WebDriver
5 6 (2.74%) Git (software)
6 5 (2.28%) Maven
7 4 (1.83%) Cucumber
7 4 (1.83%) Jasmine
7 4 (1.83%) Jenkins
7 4 (1.83%) Visual Studio
8 3 (1.37%) Karma Test Runner
8 3 (1.37%) Moq
8 3 (1.37%) NUnit
8 3 (1.37%) Rhino Mocks
9 2 (0.91%) gulp
9 2 (0.91%) TestComplete
10 1 (0.46%) Subversion
10 1 (0.46%) TeamCity
10 1 (0.46%) webpack
10 1 (0.46%) Zephyr
General
1 130 (59.36%) Finance
2 77 (35.16%) Banking
3 76 (34.70%) Front Office
4 24 (10.96%) Investment Banking
5 7 (3.20%) Back Office
6 2 (0.91%) Financial Institution
6 2 (0.91%) Games
7 1 (0.46%) Advertising
7 1 (0.46%) Billing
7 1 (0.46%) General Ledger
7 1 (0.46%) Legal
Job Titles
1 168 (76.71%) Developer
2 59 (26.94%) Java Developer
3 49 (22.37%) Python Developer
4 40 (18.26%) Senior Developer
5 27 (12.33%) Senior Java Developer
6 22 (10.05%) Apache Spark Developer
6 22 (10.05%) Elasticsearch Developer
7 18 (8.22%) C# Developer
8 16 (7.31%) Analyst
8 16 (7.31%) Low Latency Java Developer
9 15 (6.85%) Electronic Trading Developer
10 12 (5.48%) .NET Developer
11 10 (4.57%) Electronic Trading Java Developer
11 10 (4.57%) Front Office Developer
12 9 (4.11%) Business Analyst
12 9 (4.11%) SQL Developer
13 8 (3.65%) SQL Server Developer
14 7 (3.20%) QA Engineer
14 7 (3.20%) Test Engineer
14 7 (3.20%) UI Developer
Libraries, Frameworks & Software Standards
1 52 (23.74%) NumPy
1 52 (23.74%) Pandas
1 52 (23.74%) PySpark
2 30 (13.70%) .NET
3 22 (10.05%) HTML
4 19 (8.68%) HTML5
4 19 (8.68%) JMS
5 13 (5.94%) CSS
5 13 (5.94%) React
5 13 (5.94%) Rendezvous
5 13 (5.94%) TIBCO EMS
6 11 (5.02%) AngularJS
7 9 (4.11%) FIX Protocol
7 9 (4.11%) WPF
8 8 (3.65%) ASP.NET
8 8 (3.65%) Spring
9 7 (3.20%) ASP.NET Web API
9 7 (3.20%) Node.js
9 7 (3.20%) WCF
10 5 (2.28%) jQuery
Miscellaneous
1 32 (14.61%) Equities
2 26 (11.87%) Derivative
3 25 (11.42%) Fixed Income
4 17 (7.76%) Hedge funds
5 13 (5.94%) Greenfield Project
6 10 (4.57%) Fintech
7 7 (3.20%) Analytical Skills
8 5 (2.28%) Algorithms
9 3 (1.37%) CUDA
9 3 (1.37%) User Experience
10 2 (0.91%) Animation
10 2 (0.91%) Data Structures
10 2 (0.91%) N-Tier
10 2 (0.91%) OTC Derivatives
10 2 (0.91%) Self-Motivation
10 2 (0.91%) SWIFT
11 1 (0.46%) AS400
11 1 (0.46%) Cloud Native
11 1 (0.46%) Interest Rate Derivative
11 1 (0.46%) VWAP
Operating Systems
1 28 (12.79%) Linux
2 9 (4.11%) Unix
3 5 (2.28%) Windows
4 2 (0.91%) Solaris
5 1 (0.46%) Windows 10
5 1 (0.46%) Windows Server
Processes & Methodologies
1 46 (21.00%) Agile Software Development
2 44 (20.09%) Electronic Trading
3 41 (18.72%) Low Latency
4 39 (17.81%) Multithreading
5 21 (9.59%) Asset Management
5 21 (9.59%) TDD
6 19 (8.68%) Test Automation
7 17 (7.76%) Algorithmic Trading
8 14 (6.39%) BDD
9 13 (5.94%) Risk Management
9 13 (5.94%) Scrum
10 12 (5.48%) Performance Optimisation
11 11 (5.02%) Market Making
12 10 (4.57%) FX Algorithmic Trading
12 10 (4.57%) Multithreaded Programming
13 9 (4.11%) Project Management
14 8 (3.65%) Microservices
14 8 (3.65%) Monte Carlo Method
14 8 (3.65%) Unit Testing
15 7 (3.20%) E-Commerce
Programming Languages
1 83 (37.90%) Java
2 62 (28.31%) Python
3 32 (14.61%) C#
4 21 (9.59%) JavaScript
5 19 (8.68%) SQL
6 16 (7.31%) C++
7 10 (4.57%) Java 8
8 4 (1.83%) Perl
8 4 (1.83%) Shell Script
9 3 (1.37%) ES6
9 3 (1.37%) RPG
9 3 (1.37%) Scala
9 3 (1.37%) TypeScript
10 2 (0.91%) C
10 2 (0.91%) VBA
10 2 (0.91%) XAML
11 1 (0.46%) ABAP
11 1 (0.46%) AWK
11 1 (0.46%) T-SQL
11 1 (0.46%) VB.NET
Qualifications
1 2 (0.91%) ISTQB
Quality Assurance & Compliance
1 12 (5.48%) QA
2 5 (2.28%) MiFID
3 1 (0.46%) EMIR
3 1 (0.46%) PMO
3 1 (0.46%) SLA
System Software
1 5 (2.28%) Docker
2 2 (0.91%) Active Directory
Systems Management
1 3 (1.37%) HP ALM
2 2 (0.91%) Ansible
2 2 (0.91%) Kubernetes
3 1 (0.46%) CA Spectrum
3 1 (0.46%) Control-M
3 1 (0.46%) HP Quality Center
3 1 (0.46%) Puppet
3 1 (0.46%) Terraform
Vendors
1 52 (23.74%) Splunk
2 20 (9.13%) TIBCO
3 8 (3.65%) FXall
4 6 (2.74%) Sybase
5 5 (2.28%) Bloomberg
5 5 (2.28%) Oracle
6 4 (1.83%) Calypso
6 4 (1.83%) Currenex
6 4 (1.83%) Microsoft
7 2 (0.91%) HP
7 2 (0.91%) Murex
7 2 (0.91%) NVIDIA
7 2 (0.91%) Reuters
8 1 (0.46%) Avaloq
8 1 (0.46%) Charles River
8 1 (0.46%) Citrix
8 1 (0.46%) Misys
8 1 (0.46%) OpenText
8 1 (0.46%) Remedy
8 1 (0.46%) Sophis