Period
to 21 November 2017

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 November 2017 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 Nov 2017
Same period 2016 Same period 2015
Rank 46 70 66
Rank change year-on-year +24 -4 -6
Contract jobs citing Foreign Exchange (FX) 336 223 283
As % of all contract IT jobs advertised in the City of London 4.70% 3.35% 3.12%
As % of the Miscellaneous category 10.82% 8.14% 7.92%
Number of daily rates quoted 285 180 215
City of London median daily rate £625 £600 £600
Median daily rate % change year-on-year +4.17% - -4.00%
10th Percentile £435 £425 £378
90th Percentile £833 £725 £763
Central London median daily rate £625 £600 £600
% change year-on-year +4.17% - -4.00%
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 3104 2738 3574
As % of all contract IT jobs advertised in the City of London 43.41% 41.15% 39.44%
Number of daily rates quoted 2413 2135 2834
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £713 £675 £664
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 56
City of London median hourly rate £22.26 £19.00 £20.00
Median hourly rate % change year-on-year +17.14% -5.00% +14.29%
10th Percentile £12.88 £11.25 £12.00
90th Percentile £33.25 £55.00 £42.12
Central London median hourly rate £21.31 £18.45 £20.00
% change year-on-year +15.51% -7.75% +14.29%

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 November 2017.

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 November 2017, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Foreign Exchange (FX).

1 177 (52.68%) Front Office
2 154 (45.83%) Finance
3 153 (45.54%) Java
4 142 (42.26%) Banking
5 103 (30.65%) Electronic Trading
6 83 (24.70%) Agile Software Development
7 80 (23.81%) Low Latency
8 74 (22.02%) SQL
9 73 (21.73%) Linux
10 69 (20.54%) C++
11 67 (19.94%) Multithreading
12 53 (15.77%) C#
12 53 (15.77%) FIX Protocol
13 51 (15.18%) Investment Banking
14 45 (13.39%) Fixed Income
15 42 (12.50%) TIBCO
16 41 (12.20%) Derivative
17 40 (11.90%) Sybase
18 39 (11.61%) .NET
19 36 (10.71%) MiFID
19 36 (10.71%) Analytical Skills
20 34 (10.12%) TDD
21 33 (9.82%) Equities
21 33 (9.82%) Unix
21 33 (9.82%) Risk Management
21 33 (9.82%) TIBCO EMS
21 33 (9.82%) User Acceptance Testing
22 32 (9.52%) Algorithmic Trading
22 32 (9.52%) KDB
22 32 (9.52%) Integration Testing

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 4 (1.19%) Oracle Coherence
2 3 (0.89%) IIS
3 2 (0.60%) MQSeries
4 1 (0.30%) Apache Spark
4 1 (0.30%) Confluence
4 1 (0.30%) SAS
4 1 (0.30%) Tomcat
Applications
1 10 (2.98%) Microsoft Excel
2 6 (1.79%) Microsoft Office
3 5 (1.49%) Spreadsheet
4 4 (1.19%) MS Visio
5 1 (0.30%) Adobe After Effects
5 1 (0.30%) Adobe Premiere
5 1 (0.30%) Microsoft PowerPoint
5 1 (0.30%) Microsoft Project
Business Applications
1 18 (5.36%) ION MarketView
2 13 (3.87%) Kondor
3 5 (1.49%) Global One
4 4 (1.19%) BusinessWorks
5 2 (0.60%) Oracle Cash Management
5 2 (0.60%) RMDS
5 2 (0.60%) Summit
5 2 (0.60%) SunGard GMI
6 1 (0.30%) Actimize
6 1 (0.30%) LatentZero
6 1 (0.30%) MetaTrader
6 1 (0.30%) Oracle General Ledger
6 1 (0.30%) thinkFolio
Cloud Services
1 4 (1.19%) Amazon AWS
2 1 (0.30%) Adobe Creative Cloud
2 1 (0.30%) Microsoft Azure
2 1 (0.30%) Office 365
Communications & Networking
1 4 (1.19%) FIX Connectivity
1 4 (1.19%) TCP/IP
2 2 (0.60%) LAN
2 2 (0.60%) SSL
3 1 (0.30%) HTTP
Database & Business Intelligence
1 32 (9.52%) KDB
2 18 (5.36%) SQL Server
3 9 (2.68%) Relational Database
4 7 (2.08%) BusinessObjects
5 5 (1.49%) RDBMS
5 5 (1.49%) SQLite
6 4 (1.19%) Big Data
6 4 (1.19%) SQL Server Integration Services
6 4 (1.19%) Sybase ASE
7 3 (0.89%) Hadoop
7 3 (0.89%) MySQL
7 3 (0.89%) SQL Server 2008
7 3 (0.89%) SQL Server 2012
7 3 (0.89%) SQL Server Reporting Services
8 2 (0.60%) Blockchain
8 2 (0.60%) Data Lake
8 2 (0.60%) Data Warehouse
8 2 (0.60%) DB2
8 2 (0.60%) Kdb+
8 2 (0.60%) Oracle Database
Development Applications
1 17 (5.06%) JIRA
2 15 (4.46%) Git (software)
3 14 (4.17%) Maven
4 9 (2.68%) Selenium
5 8 (2.38%) Cucumber
6 7 (2.08%) Subversion
6 7 (2.08%) TeamCity
6 7 (2.08%) WebDriver
7 6 (1.79%) Team Foundation Server
8 5 (1.49%) SpecFlow
9 4 (1.19%) Gradle
9 4 (1.19%) JIRA Agile
9 4 (1.19%) NUnit
9 4 (1.19%) Visual Studio
10 3 (0.89%) Bitbucket
10 3 (0.89%) Sonatype Nexus
11 2 (0.60%) Moq
11 2 (0.60%) Oracle APEX
12 1 (0.30%) Android Studio
12 1 (0.30%) Jenkins
General
1 177 (52.68%) Front Office
2 154 (45.83%) Finance
3 142 (42.26%) Banking
4 51 (15.18%) Investment Banking
5 15 (4.46%) Back Office
6 10 (2.98%) Financial Institution
7 5 (1.49%) Legal
8 4 (1.19%) Telecoms
9 3 (0.89%) Marketing
9 3 (0.89%) Spanish Language
10 2 (0.60%) Portuguese Language
11 1 (0.30%) Advertising
11 1 (0.30%) Corporate Banking
11 1 (0.30%) General Ledger
11 1 (0.30%) International Banking
11 1 (0.30%) Retail
11 1 (0.30%) Retail Banking
11 1 (0.30%) Wholesale Banking
Job Titles
1 194 (57.74%) Developer
2 82 (24.40%) Java Developer
3 57 (16.96%) Analyst
4 52 (15.48%) Senior Developer
5 38 (11.31%) C# Developer
6 35 (10.42%) C++ Developer
7 34 (10.12%) Electronic Trading Developer
8 32 (9.52%) Senior Java Developer
9 28 (8.33%) Business Analyst
10 27 (8.04%) Electronic Trading Java Developer
11 22 (6.55%) Front Office Developer
12 15 (4.46%) Support Analyst
13 14 (4.17%) Java Swing Developer
14 13 (3.87%) FX Business Analyst
15 12 (3.57%) Low Latency Java Developer
15 12 (3.57%) Project Manager
16 11 (3.27%) Algorithmic Trading Developer
17 10 (2.98%) Senior C++ Developer
17 10 (2.98%) SQL Developer
17 10 (2.98%) Tester
Libraries, Frameworks & Software Standards
1 53 (15.77%) FIX Protocol
2 39 (11.61%) .NET
3 33 (9.82%) TIBCO EMS
4 25 (7.44%) Spring
5 22 (6.55%) HTML
6 20 (5.95%) WPF
7 17 (5.06%) JMS
8 15 (4.46%) Middleware
9 14 (4.17%) HTML5
9 14 (4.17%) Swing
10 13 (3.87%) Rendezvous
11 12 (3.57%) Java Concurrency
11 12 (3.57%) Web Services
12 11 (3.27%) AngularJS
13 10 (2.98%) REST
14 8 (2.38%) CSS
14 8 (2.38%) SOAP
14 8 (2.38%) WCF
15 7 (2.08%) Spring Boot
15 7 (2.08%) XML
Miscellaneous
1 45 (13.39%) Fixed Income
2 41 (12.20%) Derivative
3 36 (10.71%) Analytical Skills
4 33 (9.82%) Equities
5 19 (5.65%) Data Structures
6 16 (4.76%) Computer Science
7 13 (3.87%) Algorithms
8 11 (3.27%) Fintech
9 7 (2.08%) Greenfield Project
9 7 (2.08%) User Experience
10 6 (1.79%) Credit Derivative
10 6 (1.79%) Equity Derivative
10 6 (1.79%) Market Risk
10 6 (1.79%) SWIFT
11 5 (1.49%) Interest Rate Derivative
11 5 (1.49%) N-Tier
12 4 (1.19%) Swaptions
13 3 (0.89%) Hedge funds
13 3 (0.89%) Management Information System
14 2 (0.60%) Credit Risk
Operating Systems
1 73 (21.73%) Linux
2 33 (9.82%) Unix
3 18 (5.36%) Red Hat Enterprise Linux
4 6 (1.79%) Solaris
5 4 (1.19%) Windows
6 2 (0.60%) Android
6 2 (0.60%) Apple iOS
Processes & Methodologies
1 103 (30.65%) Electronic Trading
2 83 (24.70%) Agile Software Development
3 80 (23.81%) Low Latency
4 67 (19.94%) Multithreading
5 34 (10.12%) TDD
6 33 (9.82%) Risk Management
6 33 (9.82%) User Acceptance Testing
7 32 (9.52%) Algorithmic Trading
7 32 (9.52%) Integration Testing
8 25 (7.44%) Test Automation
9 23 (6.85%) Multithreaded Programming
10 22 (6.55%) E-Commerce
10 22 (6.55%) Project Management
11 21 (6.25%) Market Making
12 20 (5.95%) SDLC
13 18 (5.36%) Mathematics
14 16 (4.76%) Analytics
15 15 (4.46%) Business Analysis
15 15 (4.46%) FX Algorithmic Trading
16 14 (4.17%) Performance Optimisation
Programming Languages
1 153 (45.54%) Java
2 74 (22.02%) SQL
3 69 (20.54%) C++
4 53 (15.77%) C#
5 21 (6.25%) Python
6 18 (5.36%) JavaScript
7 17 (5.06%) Perl
8 10 (2.98%) VBA
9 9 (2.68%) Shell Script
10 6 (1.79%) Bash Shell
10 6 (1.79%) C
10 6 (1.79%) T-SQL
11 4 (1.19%) AWK
11 4 (1.19%) Korn
12 3 (0.89%) Ruby
12 3 (0.89%) VB
13 2 (0.60%) Apple Swift
13 2 (0.60%) PHP
13 2 (0.60%) R
13 2 (0.60%) TypeScript
Qualifications
1 25 (7.44%) PhD
2 24 (7.14%) Degree
3 4 (1.19%) Computer Science Degree
4 2 (0.60%) PMP
4 2 (0.60%) PRINCE2 Certification
5 1 (0.30%) ISEB
5 1 (0.30%) PMI Certification
Quality Assurance & Compliance
1 36 (10.71%) MiFID
2 15 (4.46%) QA
3 7 (2.08%) EMIR
4 3 (0.89%) SLA
5 1 (0.30%) PMO
5 1 (0.30%) SEPA
System Software
1 1 (0.30%) Apache Flume
1 1 (0.30%) HDFS
Systems Management
1 4 (1.19%) Ansible
1 4 (1.19%) Opscode Chef
2 3 (0.89%) HP Quality Center
3 2 (0.60%) ITRS Geneos
4 1 (0.30%) Oozie
4 1 (0.30%) Thomson Reuters DACS
Vendors
1 42 (12.50%) TIBCO
2 40 (11.90%) Sybase
3 22 (6.55%) ION Trading
4 20 (5.95%) Oracle
5 17 (5.06%) Murex
6 15 (4.46%) Microsoft
7 14 (4.17%) Reuters
8 13 (3.87%) Bloomberg
9 5 (1.49%) Currenex
10 4 (1.19%) FXall
10 4 (1.19%) Infragistics
10 4 (1.19%) Misys
10 4 (1.19%) Remedy
11 3 (0.89%) SimCorp
11 3 (0.89%) Solace
12 2 (0.60%) Calypso
12 2 (0.60%) CQG
12 2 (0.60%) Fidessa
12 2 (0.60%) SunGard
12 2 (0.60%) Xamarin