Period
to 15 June 2021

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 15 June 2021 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)
England > London
6 months to
15 Jun 2021
Same period 2020 Same period 2019
Rank 97 78 216
Rank change year-on-year -19 +138 -101
Contract jobs citing Foreign Exchange (FX) 674 584 538
As % of all contract jobs advertised in London 2.62% 3.21% 1.34%
As % of the Miscellaneous category 7.98% 9.70% 4.20%
Number of daily rates quoted 536 502 432
10th Percentile £506 £538 £513
25th Percentile £575 £563 £538
Median daily rate (50th Percentile) £675 £650 £650
Median % change year-on-year +3.85% - -1.89%
75th Percentile £750 £750 £725
90th Percentile £800 £800 £775
England median daily rate £675 £650 £650
% change year-on-year +3.85% - -

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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 8,445 6,020 12,803
As % of all contract IT jobs advertised in London 32.82% 33.10% 31.94%
Number of daily rates quoted 5,901 4,405 9,105
10th Percentile £350 £313 £325
25th Percentile £443 £425 £420
Median daily rate (50th Percentile) £550 £525 £525
Median % change year-on-year +4.76% - +3.96%
75th Percentile £650 £650 £625
90th Percentile £746 £750 £700
England median daily rate £500 £495 £480
% change year-on-year +1.01% +3.13% +1.05%
Number of hourly rates quoted 136 102 183
10th Percentile £15.03 £14.03 £12.76
25th Percentile £20.00 £20.24 £18.25
Median hourly rate £32.50 £35.70 £25.30
Median % change year-on-year -8.96% +41.12% +3.24%
75th Percentile £47.50 £47.75 £43.75
90th Percentile £59.25 £53.75 £52.50
England median hourly rate £25.00 £23.13 £20.50
% change year-on-year +8.07% +12.84% -14.58%

Foreign Exchange (FX)
Job Vacancy Trend in London

Job postings citing Foreign Exchange (FX) as a proportion of all IT jobs advertised in London.

Job vacancy trend for Foreign Exchange (FX) in London

Foreign Exchange (FX)
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Foreign Exchange (FX) in London.

Daily rate trend for Foreign Exchange (FX) in London

Foreign Exchange (FX)
Daily Rate Histogram in London

Daily rate distribution for jobs citing Foreign Exchange (FX) in London over the 6 months to 15 June 2021.

Daily rate histogram for Foreign Exchange (FX) in London

Foreign Exchange (FX)
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Foreign Exchange (FX) in London.

Hourly rate trend for Foreign Exchange (FX) in London

Foreign Exchange (FX)
Contract Job Locations in 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 London region over the 6 months to 15 June 2021. 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
Central London +24 99 £675 +3.85% 34
South London - 3 £450 -
Foreign Exchange (FX)
England

For the 6 months to 15 June 2021, 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 London region with a requirement for Foreign Exchange (FX).

1 388 (57.57%) Front Office
2 363 (53.86%) Java
3 328 (48.66%) Banking
4 277 (41.10%) Finance
5 231 (34.27%) Investment Banking
6 209 (31.01%) C#
7 208 (30.86%) Agile Software Development
8 204 (30.27%) Derivative
9 196 (29.08%) C++
10 192 (28.49%) Multithreading
11 180 (26.71%) Electronic Trading
12 172 (25.52%) SQL
13 171 (25.37%) Fixed Income
14 163 (24.18%) Software Engineering
14 163 (24.18%) Low Latency
15 144 (21.36%) .NET
16 137 (20.33%) Python
17 133 (19.73%) Equities
18 120 (17.80%) JavaScript
19 118 (17.51%) AWS
20 107 (15.88%) Analytical Skills
20 107 (15.88%) React
21 101 (14.99%) Social Skills
22 97 (14.39%) AngularJS
23 90 (13.35%) Data Structures
24 89 (13.20%) Asset Management
25 87 (12.91%) Oracle
26 86 (12.76%) Linux
27 84 (12.46%) Hedge funds
28 77 (11.42%) TypeScript

Foreign Exchange (FX)
Co-occurring IT Skills in 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 19 (2.82%) Oracle Coherence
2 13 (1.93%) Apache Spark
3 9 (1.34%) Apache
4 7 (1.04%) Confluence
5 5 (0.74%) Apache Airflow
6 4 (0.59%) MQSeries
7 3 (0.45%) Oracle Workflow
7 3 (0.45%) WebSphere
8 2 (0.30%) Jupyter
9 1 (0.15%) SharePoint
Applications
1 10 (1.48%) Microsoft Excel
2 2 (0.30%) Microsoft Office
2 2 (0.30%) Microsoft PowerPoint
2 2 (0.30%) MS Visio
2 2 (0.30%) Spreadsheet
3 1 (0.15%) Microsoft Project
Business Applications
1 8 (1.19%) Summit
2 7 (1.04%) Orchestrade
2 7 (1.04%) Refinitiv Enterprise Platform
2 7 (1.04%) RMDS
3 6 (0.89%) Eikon
4 4 (0.59%) Markit EDM
5 2 (0.30%) Oracle FAH
5 2 (0.30%) Oracle General Ledger
5 2 (0.30%) Oracle Subledger Accounting
6 1 (0.15%) Loan IQ
6 1 (0.15%) SAP ERP
6 1 (0.15%) SAP FI
6 1 (0.15%) SAP S/4HANA
6 1 (0.15%) Temenos T24
6 1 (0.15%) thinkFolio
Cloud Services
1 118 (17.51%) AWS
2 52 (7.72%) Azure
3 36 (5.34%) GCP
4 30 (4.45%) Amazon S3
5 28 (4.15%) Amazon EC2
5 28 (4.15%) AWS Lambda
5 28 (4.15%) Serverless
6 22 (3.26%) AWS CloudFormation
7 2 (0.30%) Cloud Computing
7 2 (0.30%) Microsoft 365
7 2 (0.30%) SaaS
8 1 (0.15%) Amazon EMR
8 1 (0.15%) Amazon Kinesis
8 1 (0.15%) Amazon SQS
8 1 (0.15%) Azure Active Directory
8 1 (0.15%) OneDrive
8 1 (0.15%) OpenShift
Communications & Networking
1 18 (2.67%) TCP/IP
2 17 (2.52%) SSL
3 7 (1.04%) Firewall
4 5 (0.74%) RTMP
5 3 (0.45%) Multicast
6 2 (0.30%) BGP
6 2 (0.30%) LAN
6 2 (0.30%) VPN
6 2 (0.30%) WAN
6 2 (0.30%) Wireless
7 1 (0.15%) Cisco IPT
7 1 (0.15%) HTTP
7 1 (0.15%) Internet
7 1 (0.15%) PuTTY
7 1 (0.15%) Unified Communications
7 1 (0.15%) WebEx
Database & Business Intelligence
1 32 (4.75%) Hazelcast
2 30 (4.45%) SQL Server
3 28 (4.15%) Amazon DynamoDB
4 24 (3.56%) Redis
5 16 (2.37%) Relational Database
6 13 (1.93%) NoSQL
7 11 (1.63%) KDB
8 9 (1.34%) Apache Ignite
8 9 (1.34%) Big Data
9 8 (1.19%) MongoDB
10 6 (0.89%) Oracle Reports
11 5 (0.74%) InterSystems Cache
12 4 (0.59%) Amazon Athena
12 4 (0.59%) Data Lake
13 3 (0.45%) Blockchain
13 3 (0.45%) Data Warehouse
13 3 (0.45%) Hadoop
14 2 (0.30%) MS Access
14 2 (0.30%) QlikView
14 2 (0.30%) Tableau
Development Applications
1 43 (6.38%) JIRA
2 34 (5.04%) TeamCity
3 32 (4.75%) Jenkins
4 21 (3.12%) Git (software)
5 18 (2.67%) Octopus Deploy
6 12 (1.78%) Bitbucket
7 10 (1.48%) GCC
7 10 (1.48%) GDB
7 10 (1.48%) Subversion
8 6 (0.89%) NUnit
9 4 (0.59%) git-flow
9 4 (0.59%) IntelliJ
9 4 (0.59%) Maven
10 3 (0.45%) Cucumber
10 3 (0.45%) TestComplete
11 2 (0.30%) Selenium
12 1 (0.15%) Storybook
12 1 (0.15%) webpack
General
1 388 (57.57%) Front Office
2 328 (48.66%) Banking
3 277 (41.10%) Finance
4 231 (34.27%) Investment Banking
5 107 (15.88%) Analytical Skills
6 101 (14.99%) Social Skills
7 14 (2.08%) Back Office
7 14 (2.08%) Financial Institution
8 13 (1.93%) French Language
9 9 (1.34%) Prime Brokerage
10 7 (1.04%) Retail
11 4 (0.59%) Legal
11 4 (0.59%) Manufacturing
11 4 (0.59%) Private Banking
11 4 (0.59%) Public Sector
12 3 (0.45%) Aerospace
13 2 (0.30%) Documentation Skills
13 2 (0.30%) General Ledger
13 2 (0.30%) Organisational Skills
13 2 (0.30%) Retail Banking
Job Titles
1 489 (72.55%) Developer
2 230 (34.12%) Java Developer
3 124 (18.40%) Front Office Developer
4 83 (12.31%) C# Developer
5 82 (12.17%) Investment Banking Java Developer
6 65 (9.64%) Analyst
7 61 (9.05%) C++ Developer
8 58 (8.61%) Electronic Trading Developer
8 58 (8.61%) Electronic Trading Java Developer
9 57 (8.46%) Software Engineer
10 54 (8.01%) JavaScript Developer
11 50 (7.42%) Lead Developer
12 47 (6.97%) Developer/Software Engineer
12 47 (6.97%) React Developer
13 46 (6.82%) Business Analyst
14 44 (6.53%) Senior Developer
15 43 (6.38%) Quantitative Developer
16 38 (5.64%) Python Developer
17 33 (4.90%) Senior Java Developer
18 32 (4.75%) SQL Developer
Libraries, Frameworks & Software Standards
1 144 (21.36%) .NET
2 107 (15.88%) React
3 97 (14.39%) AngularJS
4 74 (10.98%) FIX Protocol
5 65 (9.64%) Spring
6 62 (9.20%) Web Services
7 61 (9.05%) .NET Core
8 57 (8.46%) HTML
9 52 (7.72%) Spring Boot
10 48 (7.12%) Node.js
11 47 (6.97%) Kafka
12 43 (6.38%) HTML5
13 42 (6.23%) Vue.js
14 40 (5.93%) Middleware
15 33 (4.90%) Rendezvous
16 30 (4.45%) RESTful
17 28 (4.15%) WPF
18 23 (3.41%) .NET Framework
18 23 (3.41%) GraphQL
19 17 (2.52%) Memcached
Miscellaneous
1 204 (30.27%) Derivative
2 171 (25.37%) Fixed Income
3 133 (19.73%) Equities
4 90 (13.35%) Data Structures
5 84 (12.46%) Hedge funds
6 65 (9.64%) Greenfield Project
7 53 (7.86%) Algorithms
8 39 (5.79%) Enterprise Software
9 23 (3.41%) Credit Risk
10 21 (3.12%) User Experience
11 14 (2.08%) Market Risk
12 12 (1.78%) Management Information System
13 10 (1.48%) Analytical Mindset
13 10 (1.48%) Data Protection Act
14 7 (1.04%) Client/Server
14 7 (1.04%) Grid Computing
14 7 (1.04%) SWIFT
15 6 (0.89%) Equity Derivative
16 5 (0.74%) Interest Rate Derivative
17 4 (0.59%) N-Tier
Operating Systems
1 86 (12.76%) Linux
2 33 (4.90%) Unix
3 23 (3.41%) Windows
4 7 (1.04%) Red Hat Enterprise Linux
5 5 (0.74%) Windows Server
6 2 (0.30%) Android
6 2 (0.30%) Apple iOS
7 1 (0.15%) Windows 10
Processes & Methodologies
1 208 (30.86%) Agile Software Development
2 192 (28.49%) Multithreading
3 180 (26.71%) Electronic Trading
4 163 (24.18%) Low Latency
4 163 (24.18%) Software Engineering
5 89 (13.20%) Asset Management
6 73 (10.83%) TDD
7 67 (9.94%) Migration
8 66 (9.79%) Multithreaded Programming
9 64 (9.50%) Performance Tuning
10 62 (9.20%) Analytics
11 60 (8.90%) Refactoring
12 58 (8.61%) Algorithmic Trading
12 58 (8.61%) Unit Testing
13 56 (8.31%) DevOps
14 55 (8.16%) SDLC
15 50 (7.42%) Investment Management
15 50 (7.42%) Scrum
16 49 (7.27%) BDD
17 46 (6.82%) Test Strategy
Programming Languages
1 363 (53.86%) Java
2 209 (31.01%) C#
3 196 (29.08%) C++
4 172 (25.52%) SQL
5 137 (20.33%) Python
6 120 (17.80%) JavaScript
7 77 (11.42%) TypeScript
8 62 (9.20%) Kotlin
9 54 (8.01%) Scala
10 36 (5.34%) PL/SQL
11 30 (4.45%) Java 8
12 24 (3.56%) Haskell
13 23 (3.41%) Java 9
14 11 (1.63%) C
15 8 (1.19%) Perl
16 6 (0.89%) ES6
17 5 (0.74%) XAML
18 4 (0.59%) Bash Shell
18 4 (0.59%) VBA
19 3 (0.45%) Go
Qualifications
1 53 (7.86%) Degree
2 14 (2.08%) PhD
3 7 (1.04%) Computer Science Degree
4 3 (0.45%) Numerate Degree
5 2 (0.30%) ACCA
5 2 (0.30%) CIMA
6 1 (0.15%) MCT
6 1 (0.15%) SAP Certification
Quality Assurance & Compliance
1 23 (3.41%) MiFID
2 11 (1.63%) QA
3 4 (0.59%) SEPA
4 3 (0.45%) IFRS
4 3 (0.45%) ISO 20022
5 2 (0.30%) Data Quality
5 2 (0.30%) Dodd-Frank
5 2 (0.30%) GAAP
6 1 (0.15%) GDPR
System Software
1 16 (2.37%) Docker
2 2 (0.30%) Active Directory
2 2 (0.30%) VMware ESXi
2 2 (0.30%) VMware Infrastructure
2 2 (0.30%) vSphere
3 1 (0.15%) HDFS
3 1 (0.15%) Platform Symphony
Systems Management
1 33 (4.90%) Terraform
2 16 (2.37%) Kubernetes
3 14 (2.08%) Ansible
4 9 (1.34%) Puppet
5 8 (1.19%) Opscode Chef
6 3 (0.45%) HP ALM
7 2 (0.30%) Grafana
7 2 (0.30%) Microsoft Intune
7 2 (0.30%) SCCM
8 1 (0.15%) Hadoop YARN
8 1 (0.15%) HP Quality Center
8 1 (0.15%) Istio
8 1 (0.15%) Oozie
Vendors
1 87 (12.91%) Oracle
2 33 (4.90%) TIBCO
3 18 (2.67%) ION Trading
3 18 (2.67%) Murex
3 18 (2.67%) Solace
4 16 (2.37%) Microsoft
5 13 (1.93%) Reuters
6 11 (1.63%) Bloomberg
7 10 (1.48%) Google
7 10 (1.48%) IBM
8 9 (1.34%) Sun
9 8 (1.19%) Citrix
9 8 (1.19%) FXall
9 8 (1.19%) Red Hat
10 7 (1.04%) Currenex
11 6 (0.89%) Refinitiv
12 4 (0.59%) Charles River
12 4 (0.59%) SimCorp
13 3 (0.45%) SAP
14 2 (0.30%) Sybase