Period
to

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 22 May 2022 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
22 May 2022
Same period 2021 Same period 2020
Rank 97 67 100
Rank change year-on-year -30 +33 +40
Contract jobs citing Foreign Exchange (FX) 97 99 59
As % of all contract jobs advertised in the City of London 2.31% 3.47% 1.86%
As % of the Miscellaneous category 6.86% 8.96% 5.83%
Number of daily rates quoted 63 73 53
10th Percentile £553 £462 £508
25th Percentile £663 £575 £563
Median daily rate (50th Percentile) £770 £675 £650
Median % change year-on-year +14.07% +3.85% +4.00%
75th Percentile £913 £725 £750
90th Percentile £960 £750 £850
Central London median daily rate £770 £675 £650
% change year-on-year +14.07% +3.85% +4.00%

Foreign Exchange (FX) is in the General and Transferable 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 Skills
City of London
Contract vacancies with a requirement for generic IT skills 1,414 1,105 1,012
As % of all contract IT jobs advertised in the City of London 33.62% 38.76% 31.93%
Number of daily rates quoted 1,019 757 728
10th Percentile £413 £350 £305
25th Percentile £494 £450 £413
Median daily rate (50th Percentile) £575 £550 £523
Median % change year-on-year +4.55% +5.26% -0.48%
75th Percentile £700 £660 £625
90th Percentile £813 £738 £688
Central London median daily rate £575 £550 £500
% change year-on-year +4.55% +10.00% -4.76%
Number of hourly rates quoted 28 14 38
10th Percentile £18.50 £8.00 £12.42
25th Percentile £37.00 £8.88 £15.00
Median hourly rate £46.50 £15.36 £27.34
Median % change year-on-year +202.69% -43.80% +41.10%
75th Percentile £59.50 £34.44 £42.59
90th Percentile £63.48 £41.28 £52.48
Central London median hourly rate £46.50 £17.98 £29.88
% change year-on-year +158.69% -39.83% +53.21%

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 22 May 2022.

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 22 May 2022, 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 48 (49.48%) Front Office
2 45 (46.39%) Finance
3 44 (45.36%) Banking
4 37 (38.14%) Electronic Trading
5 36 (37.11%) Java
6 30 (30.93%) Low Latency
6 30 (30.93%) Social Skills
7 29 (29.90%) Equities
7 29 (29.90%) Multithreading
8 28 (28.87%) Investment Banking
9 24 (24.74%) Python
9 24 (24.74%) Fixed Income
10 20 (20.62%) Derivative
11 18 (18.56%) QA
12 17 (17.53%) Agile
12 17 (17.53%) Multithreaded Programming
13 16 (16.49%) SQL
14 15 (15.46%) Workflow
15 14 (14.43%) Performance Tuning
16 13 (13.40%) Computer Science
16 13 (13.40%) C#
17 11 (11.34%) Git (software)
18 10 (10.31%) Business Case
18 10 (10.31%) Organisational Skills
18 10 (10.31%) Risk Management
18 10 (10.31%) Linux
18 10 (10.31%) GAP Analysis
19 9 (9.28%) SQL Server
19 9 (9.28%) Unix
19 9 (9.28%) C++

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 (5.15%) Apache Airflow
1 5 (5.15%) Apache Spark
1 5 (5.15%) Luigi
Applications
1 2 (2.06%) Microsoft Excel
Business Applications
1 3 (3.09%) Orchestrade
2 2 (2.06%) FINCAD Analytics
3 1 (1.03%) ION MarketView
Cloud Services
1 9 (9.28%) Azure
2 7 (7.22%) AWS
3 5 (5.15%) Amazon EC2
3 5 (5.15%) Amazon EMR
3 5 (5.15%) Amazon SQS
3 5 (5.15%) GCP
4 1 (1.03%) OpenShift
Communications & Networking
1 4 (4.12%) Firewall
2 2 (2.06%) Network Security
3 1 (1.03%) Multicast
3 1 (1.03%) TCP/IP
Database & Business Intelligence
1 9 (9.28%) SQL Server
2 6 (6.19%) NoSQL
3 5 (5.15%) Amazon Athena
3 5 (5.15%) Amazon RDS
3 5 (5.15%) Amazon Redshift
3 5 (5.15%) Apache Cassandra
3 5 (5.15%) Big Data
3 5 (5.15%) Hadoop
3 5 (5.15%) MySQL
3 5 (5.15%) Presto
4 2 (2.06%) KDB
4 2 (2.06%) SQL Server Analysis Services
5 1 (1.03%) ClickHouse
Development Applications
1 11 (11.34%) Git (software)
2 9 (9.28%) git-flow
3 3 (3.09%) TeamCity
4 2 (2.06%) IBM UrbanCode
5 1 (1.03%) Jenkins
5 1 (1.03%) MSTest
5 1 (1.03%) Visual Studio
General
1 48 (49.48%) Front Office
2 45 (46.39%) Finance
3 44 (45.36%) Banking
4 30 (30.93%) Social Skills
5 28 (28.87%) Investment Banking
6 10 (10.31%) Organisational Skills
7 4 (4.12%) Analytical Skills
8 3 (3.09%) Back Office
8 3 (3.09%) Financial Institution
9 2 (2.06%) Legal
10 1 (1.03%) Advertising
10 1 (1.03%) Prime Brokerage
Job Titles
1 57 (58.76%) Developer
2 27 (27.84%) Java Developer
3 25 (25.77%) Analyst
4 19 (19.59%) Front Office Developer
5 17 (17.53%) Business Analyst
6 14 (14.43%) Python Developer
7 11 (11.34%) Banking Analyst
7 11 (11.34%) Investment Banking Java Developer
8 10 (10.31%) Banking Business Analyst
8 10 (10.31%) Business IT Analyst
8 10 (10.31%) IT Analyst
8 10 (10.31%) IT Business Analyst
9 8 (8.25%) Electronic Trading Developer
10 6 (6.19%) Electronic Trading Java Developer
10 6 (6.19%) Quantitative Developer
11 5 (5.15%) Big Data Engineer
11 5 (5.15%) C# Developer
11 5 (5.15%) Data Engineer
11 5 (5.15%) Hadoop Engineer
11 5 (5.15%) Senior Developer
Libraries, Frameworks & Software Standards
1 9 (9.28%) Kafka
2 4 (4.12%) XML
3 3 (3.09%) .NET
3 3 (3.09%) Murex Flex
3 3 (3.09%) Rendezvous
3 3 (3.09%) Spring
4 2 (2.06%) .NET Core
4 2 (2.06%) JavaFX
4 2 (2.06%) JMS
4 2 (2.06%) RESTful
4 2 (2.06%) TIBCO EMS
5 1 (1.03%) ARM Templates
5 1 (1.03%) FIX Protocol
5 1 (1.03%) FpML
5 1 (1.03%) Middleware
5 1 (1.03%) React
5 1 (1.03%) React Native
5 1 (1.03%) REST
5 1 (1.03%) WPF
5 1 (1.03%) XML Messaging
Miscellaneous
1 29 (29.90%) Equities
2 24 (24.74%) Fixed Income
3 20 (20.62%) Derivative
4 7 (7.22%) Management Information System
5 6 (6.19%) Linux Command Line
6 5 (5.15%) Market Risk
7 2 (2.06%) Algorithms
7 2 (2.06%) Credit Derivative
7 2 (2.06%) Data Structures
8 1 (1.03%) ASIC
8 1 (1.03%) Enterprise Software
8 1 (1.03%) Interest Rate Derivative
8 1 (1.03%) Legacy Code
8 1 (1.03%) Replication
Operating Systems
1 10 (10.31%) Linux
2 9 (9.28%) Unix
3 3 (3.09%) Windows
4 1 (1.03%) Red Hat Enterprise Linux
Processes & Methodologies
1 37 (38.14%) Electronic Trading
2 30 (30.93%) Low Latency
3 29 (29.90%) Multithreading
4 17 (17.53%) Agile
4 17 (17.53%) Multithreaded Programming
5 15 (15.46%) Workflow
6 14 (14.43%) Performance Tuning
7 13 (13.40%) Computer Science
8 10 (10.31%) Business Case
8 10 (10.31%) GAP Analysis
8 10 (10.31%) Risk Management
9 9 (9.28%) Mathematics
10 8 (8.25%) DevOps
10 8 (8.25%) OO
11 7 (7.22%) Software Engineering
12 6 (6.19%) Analytics
12 6 (6.19%) Physics
12 6 (6.19%) Process Improvement
12 6 (6.19%) Statistics
13 5 (5.15%) Data Munging
Programming Languages
1 36 (37.11%) Java
2 24 (24.74%) Python
3 16 (16.49%) SQL
4 13 (13.40%) C#
5 9 (9.28%) C++
6 5 (5.15%) Scala
7 2 (2.06%) VC++
8 1 (1.03%) JavaScript
8 1 (1.03%) PowerShell
Qualifications
1 7 (7.22%) Degree
2 5 (5.15%) Computer Science Degree
3 2 (2.06%) CCNA
3 2 (2.06%) CCNP
3 2 (2.06%) Cisco Certification
3 2 (2.06%) PhD
Quality Assurance & Compliance
1 18 (18.56%) QA
2 3 (3.09%) MiFID
3 2 (2.06%) GDPR
4 1 (1.03%) EMIR
4 1 (1.03%) PMO
System Software
1 1 (1.03%) Docker
Systems Management
1 1 (1.03%) HP ALM
1 1 (1.03%) ITRS Geneos
1 1 (1.03%) Kubernetes
Vendors
1 4 (4.12%) Murex
2 3 (3.09%) Microsoft
2 3 (3.09%) TIBCO
3 2 (2.06%) Bloomberg
3 2 (2.06%) CheckPoint
3 2 (2.06%) Cisco
3 2 (2.06%) Juniper
3 2 (2.06%) Palo Alto
4 1 (1.03%) Azul
4 1 (1.03%) Currenex
4 1 (1.03%) ION Trading
4 1 (1.03%) Oracle
4 1 (1.03%) Red Hat
4 1 (1.03%) Reuters
4 1 (1.03%) Tradeweb