Period
to 21 April 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 21 April 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
21 Apr 2018
Same period 2017 Same period 2016
Rank 69 61 46
Rank change year-on-year -8 -15 +33
Contract jobs citing Foreign Exchange (FX) 250 228 263
As % of all contract IT jobs advertised in the City of London 3.55% 3.71% 4.02%
As % of the Miscellaneous category 8.24% 9.57% 10.12%
Number of daily rates quoted 220 181 211
City of London median daily rate £675 £600 £600
Median daily rate % change year-on-year +12.50% - -
10th Percentile £489 £463 £438
90th Percentile £838 £725 £738
Central London median daily rate £675 £600 £600
% change year-on-year +12.50% - -
Number of hourly rates quoted 0 0 2
City of London median hourly rate - - £34.75
Central London median hourly rate - - £34.75

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 3,034 2,382 2,599
As % of all contract IT jobs advertised in the City of London 43.08% 38.81% 39.73%
Number of daily rates quoted 2,369 1,803 2,057
City of London median daily rate £525 £500 £475
Median daily rate % change year-on-year +5.00% +5.26% +5.56%
10th Percentile £319 £306 £288
90th Percentile £725 £675 £675
Central London median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% +5.56%
Number of hourly rates quoted 54 19 48
City of London median hourly rate £21.50 £21.16 £19.50
Median hourly rate % change year-on-year +1.63% +8.50% +9.14%
10th Percentile £12.72 £14.47 £11.50
90th Percentile £48.43 £55.00 £32.52
Central London median hourly rate £21.23 £18.50 £19.99
% change year-on-year +14.73% -7.45% +11.89%

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 21 April 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

For the 6 months to 21 April 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).

1 118 (47.20%) Java
2 117 (46.80%) Front Office
3 114 (45.60%) Finance
4 103 (41.20%) Electronic Trading
5 96 (38.40%) Banking
6 65 (26.00%) FIX Protocol
7 61 (24.40%) Low Latency
8 55 (22.00%) C#
9 51 (20.40%) Linux
10 50 (20.00%) SQL
11 43 (17.20%) C++
11 43 (17.20%) Agile Software Development
12 39 (15.60%) Sybase
13 38 (15.20%) .NET
14 37 (14.80%) KDB
14 37 (14.80%) Multithreading
15 36 (14.40%) TIBCO
16 32 (12.80%) Fixed Income
17 31 (12.40%) ION Trading
17 31 (12.40%) Java 8
18 30 (12.00%) TIBCO EMS
19 29 (11.60%) Derivative
20 28 (11.20%) ION MarketView
20 28 (11.20%) Risk Management
21 26 (10.40%) Integration Testing
22 25 (10.00%) Red Hat Enterprise Linux
22 25 (10.00%) Java Concurrency
22 25 (10.00%) SQL Server
22 25 (10.00%) TDD
22 25 (10.00%) Investment Banking

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 6 (2.40%) Confluence
2 2 (0.80%) CMS
3 1 (0.40%) Apache Solr
3 1 (0.40%) Apache Spark
3 1 (0.40%) IIS
3 1 (0.40%) SharePoint
3 1 (0.40%) Tomcat
3 1 (0.40%) Umbraco
3 1 (0.40%) WebSphere
3 1 (0.40%) WebSphere Application Server
Applications
1 7 (2.80%) Microsoft Excel
2 4 (1.60%) Microsoft Office
3 3 (1.20%) Spreadsheet
Business Applications
1 28 (11.20%) ION MarketView
2 7 (2.80%) Kondor
3 3 (1.20%) Oracle Cash Management
4 2 (0.80%) Summit
5 1 (0.40%) Global One
5 1 (0.40%) Murex MxG2000
5 1 (0.40%) Oracle General Ledger
5 1 (0.40%) Orchestrade
5 1 (0.40%) RMDS
5 1 (0.40%) SAP FI-GL
Cloud Services
1 4 (1.60%) npm
2 3 (1.20%) Yarn
3 2 (0.80%) Microsoft Azure
4 1 (0.40%) IaaS
4 1 (0.40%) Office 365
Communications & Networking
1 1 (0.40%) Kerberos
1 1 (0.40%) LAN
1 1 (0.40%) TCP/IP
Database & Business Intelligence
1 37 (14.80%) KDB
2 25 (10.00%) SQL Server
3 5 (2.00%) SQL Server 2008
4 4 (1.60%) Relational Database
5 3 (1.20%) Blockchain
5 3 (1.20%) Data Mart
5 3 (1.20%) Kdb+
5 3 (1.20%) SQL Server 2014
6 2 (0.80%) Big Data
6 2 (0.80%) BusinessObjects
6 2 (0.80%) MongoDB
6 2 (0.80%) SAP Data Services
6 2 (0.80%) SQL Server 2012
6 2 (0.80%) SQL Server Integration Services
6 2 (0.80%) SQL Server Reporting Services
7 1 (0.40%) Apache Hive
7 1 (0.40%) BusinessObjects XI
7 1 (0.40%) Hadoop
7 1 (0.40%) HBase
7 1 (0.40%) Sqoop
Development Applications
1 11 (4.40%) JIRA
2 9 (3.60%) Maven
2 9 (3.60%) TeamCity
3 8 (3.20%) Selenium
4 7 (2.80%) Cucumber
4 7 (2.80%) Git (software)
4 7 (2.80%) NUnit
5 6 (2.40%) JUnit
5 6 (2.40%) WebDriver
6 5 (2.00%) Moq
7 4 (1.60%) SpecFlow
7 4 (1.60%) Visual Studio
8 3 (1.20%) Atlassian Bamboo
8 3 (1.20%) Gradle
8 3 (1.20%) Jenkins
8 3 (1.20%) ReSharper
8 3 (1.20%) Subversion
9 2 (0.80%) gulp
9 2 (0.80%) Jasmine
9 2 (0.80%) Sonatype Nexus
General
1 117 (46.80%) Front Office
2 114 (45.60%) Finance
3 96 (38.40%) Banking
4 25 (10.00%) Investment Banking
5 22 (8.80%) Back Office
6 10 (4.00%) Financial Institution
7 2 (0.80%) General Ledger
7 2 (0.80%) Legal
7 2 (0.80%) Portuguese Language
7 2 (0.80%) Spanish Language
8 1 (0.40%) Retail Banking
8 1 (0.40%) Wholesale Banking
Job Titles
1 152 (60.80%) Developer
2 77 (30.80%) Java Developer
3 51 (20.40%) Senior Developer
4 39 (15.60%) Analyst
5 36 (14.40%) Senior Java Developer
6 33 (13.20%) Electronic Trading Developer
7 31 (12.40%) Business Analyst
8 30 (12.00%) C# Developer
9 29 (11.60%) Electronic Trading Java Developer
10 23 (9.20%) FX Business Analyst
11 17 (6.80%) Low Latency Java Developer
12 15 (6.00%) Quantitative Developer
13 11 (4.40%) C++ Developer
13 11 (4.40%) Front Office Developer
13 11 (4.40%) Qualitative Analyst
13 11 (4.40%) Quantitative Analyst
14 9 (3.60%) Project Manager
15 8 (3.20%) .NET Developer
15 8 (3.20%) Analyst Developer
15 8 (3.20%) Electronic Trading Business Analyst
Libraries, Frameworks & Software Standards
1 65 (26.00%) FIX Protocol
2 38 (15.20%) .NET
3 30 (12.00%) TIBCO EMS
4 25 (10.00%) Java Concurrency
5 23 (9.20%) HTML
6 22 (8.80%) WPF
7 18 (7.20%) AngularJS
8 17 (6.80%) HTML5
9 10 (4.00%) React
9 10 (4.00%) Spring
10 9 (3.60%) Rendezvous
10 9 (3.60%) WinForms
11 8 (3.20%) JMS
11 8 (3.20%) WCF
12 7 (2.80%) CSS
12 7 (2.80%) Redux
13 6 (2.40%) Node.js
13 6 (2.40%) XML
14 5 (2.00%) REST
14 5 (2.00%) Spring Boot
Miscellaneous
1 32 (12.80%) Fixed Income
2 29 (11.60%) Derivative
3 18 (7.20%) Analytical Skills
4 12 (4.80%) Algorithms
4 12 (4.80%) Equities
5 10 (4.00%) Greenfield Project
6 8 (3.20%) Fintech
7 7 (2.80%) Computer Science
7 7 (2.80%) Credit Derivative
8 6 (2.40%) Data Structures
8 6 (2.40%) Equity Derivative
9 3 (1.20%) Market Risk
9 3 (1.20%) SWIFT
10 2 (0.80%) Credit Risk
10 2 (0.80%) Enterprise Software
10 2 (0.80%) Interest Rate Derivative
10 2 (0.80%) N-Tier
10 2 (0.80%) Swaptions
11 1 (0.40%) Hedge funds
11 1 (0.40%) Mobile App
Operating Systems
1 51 (20.40%) Linux
2 25 (10.00%) Red Hat Enterprise Linux
3 12 (4.80%) Unix
4 6 (2.40%) Windows
5 3 (1.20%) Windows Server
6 1 (0.40%) Solaris
Processes & Methodologies
1 103 (41.20%) Electronic Trading
2 61 (24.40%) Low Latency
3 43 (17.20%) Agile Software Development
4 37 (14.80%) Multithreading
5 28 (11.20%) Risk Management
6 26 (10.40%) Integration Testing
7 25 (10.00%) TDD
8 21 (8.40%) E-Commerce
9 20 (8.00%) Analytics
10 17 (6.80%) Mathematics
10 17 (6.80%) OO
11 14 (5.60%) Quantitative Research
11 14 (5.60%) Test Automation
12 13 (5.20%) Algorithmic Trading
12 13 (5.20%) Unit Testing
13 11 (4.40%) Continuous Integration
14 10 (4.00%) Business Analysis
14 10 (4.00%) Physics
14 10 (4.00%) Project Management
14 10 (4.00%) Software Engineering
Programming Languages
1 118 (47.20%) Java
2 55 (22.00%) C#
3 50 (20.00%) SQL
4 43 (17.20%) C++
5 31 (12.40%) Java 8
6 21 (8.40%) JavaScript
7 18 (7.20%) Python
8 8 (3.20%) TypeScript
9 7 (2.80%) Perl
10 6 (2.40%) Bash Shell
11 5 (2.00%) T-SQL
12 3 (1.20%) Ada
12 3 (1.20%) C
12 3 (1.20%) ES6
12 3 (1.20%) PL/SQL
12 3 (1.20%) Shell Script
12 3 (1.20%) VB.NET
12 3 (1.20%) VBA
13 2 (0.80%) Korn
13 2 (0.80%) PowerShell
Qualifications
1 19 (7.60%) PhD
2 17 (6.80%) Degree
3 1 (0.40%) Computer Science Degree
Quality Assurance & Compliance
1 9 (3.60%) MiFID
1 9 (3.60%) QA
2 7 (2.80%) EMIR
3 2 (0.80%) SLA
4 1 (0.40%) COREP
4 1 (0.40%) Dodd-Frank
4 1 (0.40%) SEPA
4 1 (0.40%) TARGET2
System Software
1 5 (2.00%) Docker
2 1 (0.40%) Apache ZooKeeper
2 1 (0.40%) HDFS
Systems Management
1 2 (0.80%) Ansible
2 1 (0.40%) CA Spectrum
2 1 (0.40%) Control-M
2 1 (0.40%) Hadoop YARN
2 1 (0.40%) Oozie
2 1 (0.40%) Opscode Chef
Vendors
1 39 (15.60%) Sybase
2 36 (14.40%) TIBCO
3 31 (12.40%) ION Trading
4 18 (7.20%) Oracle
5 17 (6.80%) Murex
6 15 (6.00%) Microsoft
7 9 (3.60%) Reuters
8 8 (3.20%) Bloomberg
9 6 (2.40%) FXall
10 5 (2.00%) Typemock
11 4 (1.60%) Infragistics
11 4 (1.60%) Solace
12 3 (1.20%) Atlassian
12 3 (1.20%) Calypso
12 3 (1.20%) Red Hat
13 2 (0.80%) Charles River
13 2 (0.80%) Currenex
13 2 (0.80%) Remedy
13 2 (0.80%) Talarian
14 1 (0.40%) MuleSoft