Period
to 26 September 2020

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 26 September 2020 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
26 Sep 2020
Same period 2019 Same period 2018
Rank 59 193 124
Rank change year-on-year +134 -69 -46
Contract jobs citing Foreign Exchange (FX) 564 534 1,075
As % of all contract jobs advertised in London 4.24% 1.39% 2.34%
As % of the Miscellaneous category 10.77% 4.10% 6.48%
Number of daily rates quoted 478 395 842
Median daily rate £650 £625 £625
Median daily rate % change year-on-year +4.00% - +4.17%
10th Percentile £500 £425 £475
90th Percentile £813 £788 £788
England median daily rate £650 £600 £625
% change year-on-year +8.33% -4.00% +4.17%
Number of hourly rates quoted 2 0 1
Median hourly rate £35.00 - £65.00
England median hourly rate £35.00 £37.50 £55.00
% change year-on-year -6.67% -31.82% +22.22%

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 5,238 13,040 16,597
As % of all contract IT jobs advertised in London 39.38% 33.89% 36.18%
Number of daily rates quoted 3,599 9,047 11,837
Median daily rate £525 £525 £520
Median daily rate % change year-on-year - +0.96% +4.00%
10th Percentile £313 £313 £313
90th Percentile £750 £700 £700
England median daily rate £500 £475 £475
% change year-on-year +5.26% - +5.56%
Number of hourly rates quoted 103 201 252
Median hourly rate £35.00 £23.50 £23.50
Median hourly rate % change year-on-year +48.94% - +7.31%
10th Percentile £17.10 £12.76 £13.31
90th Percentile £50.21 £53.00 £53.50
Median hourly rate £35.00 £22.50 £20.50
% change year-on-year +55.56% +9.76% +2.50%

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 26 September 2020.

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 26 September 2020. 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 +107 61 £625 -3.85% 30
East London +59 5 £425 -29.17% 3
West London +62 1 - - 2
North London - 1 £750 -
Foreign Exchange (FX)
England

For the 6 months to 26 September 2020, 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).

1 409 (72.52%) Front Office
2 368 (65.25%) Finance
3 351 (62.23%) Java
4 329 (58.33%) Fixed Income
5 308 (54.61%) Derivative
6 302 (53.55%) Agile Software Development
7 297 (52.66%) Equities
8 277 (49.11%) Banking
9 255 (45.21%) Web Services
10 254 (45.04%) Asset Management
11 251 (44.50%) AWS
12 250 (44.33%) Software Engineering
13 248 (43.97%) JavaScript
14 241 (42.73%) Python
15 238 (42.20%) Hedge funds
16 221 (39.18%) AngularJS
17 211 (37.41%) React
18 206 (36.52%) Investment Banking
19 193 (34.22%) Investment Management
20 189 (33.51%) Vue.js
21 128 (22.70%) Azure
22 127 (22.52%) GCP
23 120 (21.28%) SQL
24 112 (19.86%) C#
25 106 (18.79%) Multithreading
26 104 (18.44%) Google
27 95 (16.84%) Portfolio Management
28 94 (16.67%) Business Analysis
29 85 (15.07%) DevOps
30 83 (14.72%) .NET

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 14 (2.48%) Apache Spark
2 7 (1.24%) Apache
2 7 (1.24%) CMS
3 2 (0.35%) IBM HTTP Server
4 1 (0.18%) IIS
4 1 (0.18%) Jupyter
4 1 (0.18%) Oracle Application Server
4 1 (0.18%) Tomcat
Applications
1 8 (1.42%) Microsoft Excel
2 6 (1.06%) Chatbot
3 5 (0.89%) Spreadsheet
4 2 (0.35%) Microsoft Office
5 1 (0.18%) Houdini
5 1 (0.18%) Microsoft PowerPoint
Business Applications
1 8 (1.42%) Front Arena
1 8 (1.42%) ION MarketView
2 7 (1.24%) Markit EDM
2 7 (1.24%) SimCorp Dimension
3 4 (0.71%) Distributed Ledger
4 3 (0.53%) Misys Midas
4 3 (0.53%) RMDS
5 2 (0.35%) Endur
5 2 (0.35%) Temenos Globus
5 2 (0.35%) Temenos T24
Cloud Services
1 251 (44.50%) AWS
2 128 (22.70%) Azure
3 127 (22.52%) GCP
4 52 (9.22%) Serverless
5 50 (8.87%) Amazon EC2
5 50 (8.87%) Amazon S3
5 50 (8.87%) AWS Lambda
6 2 (0.35%) Amazon ECS
6 2 (0.35%) Amazon SQS
6 2 (0.35%) SaaS
7 1 (0.18%) NuGet
Communications & Networking
1 4 (0.71%) Multicast
2 3 (0.53%) RTMP
3 1 (0.18%) DSL
3 1 (0.18%) TCP/IP
Database & Business Intelligence
1 50 (8.87%) Amazon DynamoDB
2 31 (5.50%) SQL Server
3 28 (4.96%) NoSQL
4 13 (2.30%) Big Data
5 10 (1.77%) MongoDB
5 10 (1.77%) Redis
6 7 (1.24%) KDB
7 6 (1.06%) Apache Ignite
8 5 (0.89%) Apache Cassandra
9 4 (0.71%) Data Mart
9 4 (0.71%) Relational Database
10 2 (0.35%) Amazon Redshift
10 2 (0.35%) Hazelcast
11 1 (0.18%) Hadoop
11 1 (0.18%) Kdb+
11 1 (0.18%) PostgreSQL
11 1 (0.18%) QlikView
Development Applications
1 52 (9.22%) RStudio
2 38 (6.74%) Git (software)
3 20 (3.55%) GCC
3 20 (3.55%) GDB
4 16 (2.84%) Maven
5 10 (1.77%) Robot Framework
6 9 (1.60%) git-flow
7 8 (1.42%) TeamCity
8 6 (1.06%) Jenkins
8 6 (1.06%) JIRA
8 6 (1.06%) Octopus Deploy
8 6 (1.06%) Subversion
9 4 (0.71%) Visual Studio
9 4 (0.71%) webpack
10 3 (0.53%) Cucumber
10 3 (0.53%) Gradle
10 3 (0.53%) NUnit
11 2 (0.35%) GitLab
11 2 (0.35%) Mockito
11 2 (0.35%) ReSharper
General
1 409 (72.52%) Front Office
2 368 (65.25%) Finance
3 277 (49.11%) Banking
4 206 (36.52%) Investment Banking
5 18 (3.19%) Back Office
6 8 (1.42%) Financial Institution
7 5 (0.89%) Corporate Banking
8 3 (0.53%) International Banking
8 3 (0.53%) Legal
8 3 (0.53%) Private Banking
9 1 (0.18%) Advertising
9 1 (0.18%) Law
9 1 (0.18%) Manufacturing
Job Titles
1 426 (75.53%) Developer
2 139 (24.65%) Software Engineer
3 133 (23.58%) Java Developer
4 129 (22.87%) AWS Engineer
5 121 (21.45%) Developer/Software Engineer
6 116 (20.57%) AWS Developer
7 90 (15.96%) JavaScript Developer
8 79 (14.01%) Python Developer
9 66 (11.70%) JavaScript Engineer
10 62 (10.99%) AWS Software Engineer
10 62 (10.99%) Front Office Developer
11 50 (8.87%) Python Engineer
12 49 (8.69%) Python Software Engineer
13 43 (7.62%) Analyst
14 39 (6.91%) .NET Software Engineer
15 33 (5.85%) Electronic Trading Developer
15 33 (5.85%) Electronic Trading Java Developer
16 31 (5.50%) Java Engineer
16 31 (5.50%) Senior Developer
17 27 (4.79%) Business Analyst
Libraries, Frameworks & Software Standards
1 255 (45.21%) Web Services
2 221 (39.18%) AngularJS
3 211 (37.41%) React
4 189 (33.51%) Vue.js
5 83 (14.72%) .NET
6 77 (13.65%) Node.js
7 62 (10.99%) .NET Core
8 53 (9.40%) ASP.NET
9 47 (8.33%) ASP.NET Core
10 21 (3.72%) FIX Protocol
10 21 (3.72%) Kafka
10 21 (3.72%) WPF
11 19 (3.37%) J2EE
12 16 (2.84%) HTML
12 16 (2.84%) Spring
13 14 (2.48%) Boost C++ Libraries
13 14 (2.48%) STL
14 12 (2.13%) Spring Boot
15 11 (1.95%) Akka
15 11 (1.95%) CSS
Miscellaneous
1 329 (58.33%) Fixed Income
2 308 (54.61%) Derivative
3 297 (52.66%) Equities
4 238 (42.20%) Hedge funds
5 33 (5.85%) Greenfield Project
6 24 (4.26%) Analytical Skills
7 20 (3.55%) Blog
7 20 (3.55%) Data Structures
8 18 (3.19%) Market Risk
9 16 (2.84%) Credit Derivative
10 13 (2.30%) Credit Risk
11 10 (1.77%) Equity Derivative
11 10 (1.77%) User Experience
12 8 (1.42%) Algorithms
13 7 (1.24%) Reference Data
14 6 (1.06%) Robotics
15 5 (0.89%) Grid Computing
16 4 (0.71%) Swaptions
16 4 (0.71%) Virtual Team
17 3 (0.53%) Spread Betting
Operating Systems
1 38 (6.74%) Linux
2 5 (0.89%) Unix
3 2 (0.35%) Windows
Processes & Methodologies
1 302 (53.55%) Agile Software Development
2 254 (45.04%) Asset Management
3 250 (44.33%) Software Engineering
4 193 (34.22%) Investment Management
5 106 (18.79%) Multithreading
6 95 (16.84%) Portfolio Management
7 94 (16.67%) Business Analysis
8 85 (15.07%) DevOps
9 72 (12.77%) Electronic Trading
9 72 (12.77%) Low Latency
10 71 (12.59%) Decision-Making
11 69 (12.23%) Microservices
12 67 (11.88%) Fintech
13 55 (9.75%) Migration
14 44 (7.80%) Analytics
14 44 (7.80%) Front End Development
15 41 (7.27%) SDLC
16 31 (5.50%) Risk Management
16 31 (5.50%) Scrum
17 29 (5.14%) Multithreaded Programming
Programming Languages
1 351 (62.23%) Java
2 248 (43.97%) JavaScript
3 241 (42.73%) Python
4 120 (21.28%) SQL
5 112 (19.86%) C#
6 75 (13.30%) C++
7 57 (10.11%) Kotlin
8 41 (7.27%) TypeScript
9 20 (3.55%) Scala
10 16 (2.84%) VBA
11 12 (2.13%) Haskell
12 8 (1.42%) ES6
12 8 (1.42%) Java 8
13 6 (1.06%) C
13 6 (1.06%) Clojure
14 5 (0.89%) T-SQL
15 3 (0.53%) Shell Script
16 1 (0.18%) Perl
16 1 (0.18%) PHP
16 1 (0.18%) PL/SQL
Qualifications
1 34 (6.03%) Degree
2 19 (3.37%) Computer Science Degree
3 3 (0.53%) Master's Degree
4 2 (0.35%) PhD
5 1 (0.18%) MBA
5 1 (0.18%) Numerate Degree
Quality Assurance & Compliance
1 10 (1.77%) QA
2 9 (1.60%) MiFID
3 3 (0.53%) EMIR
4 1 (0.18%) Dodd-Frank
4 1 (0.18%) GDPR
4 1 (0.18%) PMO
System Software
1 7 (1.24%) Docker
Systems Management
1 4 (0.71%) Kubernetes
2 3 (0.53%) Terraform
3 2 (0.35%) Ansible
4 1 (0.18%) ITRS Geneos
4 1 (0.18%) Puppet
4 1 (0.18%) Tivoli
Vendors
1 104 (18.44%) Google
2 23 (4.08%) Bloomberg
3 15 (2.66%) Murex
4 14 (2.48%) Oracle
5 9 (1.60%) Charles River
6 8 (1.42%) ION Trading
7 7 (1.24%) Calypso
7 7 (1.24%) GoldenSource
7 7 (1.24%) SimCorp
8 5 (0.89%) FXall
9 4 (0.71%) FIS
9 4 (0.71%) Tableau
10 3 (0.53%) Microsoft
10 3 (0.53%) Salesforce.com
10 3 (0.53%) Terracotta
10 3 (0.53%) TIBCO
11 2 (0.35%) Atlassian
11 2 (0.35%) ServiceNow
11 2 (0.35%) Tradeweb
12 1 (0.18%) Solace