Period
to 5 July 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 5 July 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
5 Jul 2020
Same period 2019 Same period 2018
Rank 70 200 120
Rank change year-on-year +130 -80 -34
Contract jobs citing Foreign Exchange (FX) 602 565 1,115
As % of all contract jobs advertised in London 3.42% 1.36% 2.39%
As % of the Miscellaneous category 9.10% 3.90% 6.71%
Number of daily rates quoted 528 458 866
Median daily rate £650 £650 £650
10th Percentile £513 £481 £475
90th Percentile £800 £775 £838
England median daily rate £650 £650 £650
Number of hourly rates quoted 1 0 1
Median hourly rate £35.00 - £24.00
England median hourly rate £35.00 - £34.50

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 6,613 14,505 16,608
As % of all contract IT jobs advertised in London 37.54% 34.93% 35.63%
Number of daily rates quoted 4,608 10,106 11,818
Median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% -
10th Percentile £313 £325 £313
90th Percentile £750 £700 £700
England median daily rate £495 £475 £475
% change year-on-year +4.21% - +5.56%
Number of hourly rates quoted 143 231 267
Median hourly rate £35.00 £24.50 £22.50
Median hourly rate % change year-on-year +42.86% +8.89% -0.27%
10th Percentile £15.05 £13.75 £13.00
90th Percentile £50.00 £53.75 £48.75
Median hourly rate £31.00 £20.96 £22.46
% change year-on-year +47.94% -6.70% +14.11%

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 5 July 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 5 July 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 +92 68 £638 -1.92% 26
East London +47 5 £488 -23.23%
West London +58 1 - - 3
North London - 1 £750 -
Foreign Exchange (FX)
England

For the 6 months to 5 July 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).

1 399 (66.28%) Front Office
2 348 (57.81%) Finance
3 333 (55.32%) Java
4 332 (55.15%) Banking
5 319 (52.99%) Agile Software Development
6 269 (44.68%) Fixed Income
7 235 (39.04%) JavaScript
8 232 (38.54%) Derivative
9 231 (38.37%) Investment Banking
9 231 (38.37%) Equities
10 204 (33.89%) Web Services
11 203 (33.72%) Hedge funds
12 193 (32.06%) AWS
13 188 (31.23%) React
14 186 (30.90%) Asset Management
15 185 (30.73%) Software Engineering
16 178 (29.57%) Python
17 170 (28.24%) AngularJS
18 145 (24.09%) Investment Management
19 144 (23.92%) C#
20 129 (21.43%) DevOps
21 128 (21.26%) Vue.js
22 126 (20.93%) SQL
23 117 (19.44%) Multithreading
24 114 (18.94%) Business Analysis
25 101 (16.78%) Azure
26 98 (16.28%) .NET
27 97 (16.11%) Electronic Trading
28 96 (15.95%) Microservices
29 95 (15.78%) GCP

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 13 (2.16%) Apache Spark
2 9 (1.50%) Oracle Coherence
3 5 (0.83%) CMS
4 2 (0.33%) Apache
5 1 (0.17%) Apache Qpid
5 1 (0.17%) Confluence
5 1 (0.17%) DataSynapse
5 1 (0.17%) Elasticsearch
5 1 (0.17%) Jupyter
5 1 (0.17%) Oracle Application Server
5 1 (0.17%) SharePoint
Applications
1 6 (1.00%) Microsoft Excel
1 6 (1.00%) Spreadsheet
2 4 (0.66%) Chatbot
3 1 (0.17%) Adobe Illustrator
3 1 (0.17%) Houdini
3 1 (0.17%) Photoshop
Business Applications
1 25 (4.15%) Markit EDM
2 23 (3.82%) SimCorp Dimension
3 9 (1.50%) ION MarketView
4 8 (1.33%) Front Arena
5 7 (1.16%) Distributed Ledger
5 7 (1.16%) FINCAD Analytics
6 4 (0.66%) Endur
7 3 (0.50%) BusinessWorks
7 3 (0.50%) thinkFolio
8 2 (0.33%) PolarLake
9 1 (0.17%) Oracle Assets
9 1 (0.17%) Oracle Cash Management
9 1 (0.17%) Oracle EBS
9 1 (0.17%) Oracle FAH
9 1 (0.17%) Oracle General Ledger
9 1 (0.17%) Oracle Payables
9 1 (0.17%) Oracle Receivables
9 1 (0.17%) RMDS
Cloud Services
1 193 (32.06%) AWS
2 101 (16.78%) Azure
3 95 (15.78%) GCP
4 8 (1.33%) Amazon EC2
4 8 (1.33%) Amazon S3
4 8 (1.33%) AWS Lambda
4 8 (1.33%) Serverless
5 7 (1.16%) AWS Step Functions
6 6 (1.00%) Amazon ECS
6 6 (1.00%) Amazon SQS
7 5 (0.83%) GitHub
8 2 (0.33%) Cloud Computing
8 2 (0.33%) IaaS
8 2 (0.33%) npm
8 2 (0.33%) PaaS
8 2 (0.33%) Power Platform
8 2 (0.33%) SaaS
9 1 (0.17%) Amazon CloudWatch
Communications & Networking
1 13 (2.16%) RTMP
2 5 (0.83%) Firewall
3 4 (0.66%) Multicast
4 3 (0.50%) HTTP
4 3 (0.50%) TCP/IP
5 1 (0.17%) HTTPS
5 1 (0.17%) MQTT
5 1 (0.17%) Reverse Proxy
5 1 (0.17%) SSL
Database & Business Intelligence
1 24 (3.99%) MongoDB
2 23 (3.82%) NoSQL
3 21 (3.49%) Relational Database
4 20 (3.32%) Redis
4 20 (3.32%) SQL Server
5 16 (2.66%) Amazon DynamoDB
6 13 (2.16%) Big Data
7 11 (1.83%) PostgreSQL
8 10 (1.66%) Apache Cassandra
8 10 (1.66%) RDBMS
9 7 (1.16%) Amazon Athena
9 7 (1.16%) Couchbase
9 7 (1.16%) DB2
9 7 (1.16%) HBase
9 7 (1.16%) KDB
9 7 (1.16%) MariaDB
9 7 (1.16%) Neo4j
9 7 (1.16%) Tick Data
10 6 (1.00%) Amazon Redshift
11 5 (0.83%) Amazon Aurora
Development Applications
1 50 (8.31%) RStudio
2 38 (6.31%) Jenkins
3 36 (5.98%) Git (software)
4 24 (3.99%) JIRA
5 21 (3.49%) TeamCity
6 18 (2.99%) Subversion
7 14 (2.33%) Maven
8 12 (1.99%) Octopus Deploy
9 11 (1.83%) NUnit
10 10 (1.66%) JUnit
11 9 (1.50%) git-flow
12 8 (1.33%) Gradle
12 8 (1.33%) Visual Studio
13 7 (1.16%) Mockito
14 6 (1.00%) GitLab
14 6 (1.00%) ReSharper
15 5 (0.83%) Selenium
16 4 (0.66%) Team Foundation Server
17 3 (0.50%) Robot Framework
17 3 (0.50%) SonarQube
General
1 399 (66.28%) Front Office
2 348 (57.81%) Finance
3 332 (55.15%) Banking
4 231 (38.37%) Investment Banking
5 18 (2.99%) Back Office
6 4 (0.66%) Retail
7 2 (0.33%) Corporate Banking
7 2 (0.33%) Legal
8 1 (0.17%) Advertising
8 1 (0.17%) Financial Institution
8 1 (0.17%) General Ledger
8 1 (0.17%) Law
8 1 (0.17%) Retail Banking
Job Titles
1 411 (68.27%) Developer
2 175 (29.07%) Java Developer
3 127 (21.10%) AWS Developer
4 118 (19.60%) AWS Engineer
5 78 (12.96%) Front Office Developer
6 63 (10.47%) Python Developer
6 63 (10.47%) Senior Developer
6 63 (10.47%) Software Engineer
7 56 (9.30%) Analyst
8 52 (8.64%) AWS Software Engineer
9 48 (7.97%) Developer/Software Engineer
10 46 (7.64%) Electronic Trading Developer
11 45 (7.48%) Architect
11 45 (7.48%) JavaScript Developer
12 40 (6.64%) Electronic Trading Java Developer
13 36 (5.98%) Quantitative Developer
13 36 (5.98%) Senior Java Developer
14 35 (5.81%) Business Analyst
14 35 (5.81%) C# Developer
15 33 (5.48%) Java Engineer
Libraries, Frameworks & Software Standards
1 204 (33.89%) Web Services
2 188 (31.23%) React
3 170 (28.24%) AngularJS
4 128 (21.26%) Vue.js
5 98 (16.28%) .NET
6 53 (8.80%) .NET Core
7 48 (7.97%) HTML
8 44 (7.31%) ASP.NET
8 44 (7.31%) J2EE
9 43 (7.14%) WPF
10 42 (6.98%) Spring
11 40 (6.64%) CSS
11 40 (6.64%) Node.js
12 38 (6.31%) ASP.NET Core
12 38 (6.31%) HTML5
13 33 (5.48%) FIX Protocol
14 30 (4.98%) Spring Boot
15 27 (4.49%) Hibernate
16 19 (3.16%) WCF
17 15 (2.49%) Rendezvous
Miscellaneous
1 269 (44.68%) Fixed Income
2 232 (38.54%) Derivative
3 231 (38.37%) Equities
4 203 (33.72%) Hedge funds
5 55 (9.14%) Analytical Skills
6 42 (6.98%) Greenfield Project
7 34 (5.65%) Data Structures
8 26 (4.32%) Reference Data
9 22 (3.65%) Credit Risk
10 19 (3.16%) Equity Derivative
11 18 (2.99%) User Experience
12 13 (2.16%) Market Risk
13 11 (1.83%) Virtual Team
14 10 (1.66%) Algorithms
15 7 (1.16%) Enterprise Software
16 6 (1.00%) Blog
17 4 (0.66%) Robotics
17 4 (0.66%) Swaptions
18 3 (0.50%) Grid Computing
18 3 (0.50%) Interest Rate Derivative
Operating Systems
1 31 (5.15%) Linux
2 10 (1.66%) Unix
3 7 (1.16%) Windows
4 4 (0.66%) Red Hat Enterprise Linux
5 1 (0.17%) Apple iOS
Processes & Methodologies
1 319 (52.99%) Agile Software Development
2 186 (30.90%) Asset Management
3 185 (30.73%) Software Engineering
4 145 (24.09%) Investment Management
5 129 (21.43%) DevOps
6 117 (19.44%) Multithreading
7 114 (18.94%) Business Analysis
8 97 (16.11%) Electronic Trading
9 96 (15.95%) Microservices
10 90 (14.95%) Portfolio Management
11 86 (14.29%) Low Latency
12 76 (12.62%) Decision-Making
13 71 (11.79%) Fintech
14 57 (9.47%) TDD
15 55 (9.14%) Front End Development
15 55 (9.14%) Migration
16 53 (8.80%) SDLC
17 52 (8.64%) Algorithmic Trading
18 45 (7.48%) Analytics
18 45 (7.48%) Test Automation
Programming Languages
1 333 (55.32%) Java
2 235 (39.04%) JavaScript
3 178 (29.57%) Python
4 144 (23.92%) C#
5 126 (20.93%) SQL
6 50 (8.31%) C++
7 31 (5.15%) TypeScript
8 22 (3.65%) Kotlin
9 18 (2.99%) Java 8
10 14 (2.33%) VBA
11 12 (1.99%) Scala
12 11 (1.83%) C
13 7 (1.16%) ES6
14 6 (1.00%) Perl
14 6 (1.00%) T-SQL
15 5 (0.83%) Haskell
16 3 (0.50%) Shell Script
17 2 (0.33%) Groovy
17 2 (0.33%) XAML
18 1 (0.17%) Bash Shell
Qualifications
1 49 (8.14%) Degree
2 24 (3.99%) Computer Science Degree
3 2 (0.33%) Master's Degree
4 1 (0.17%) AWS Certification
4 1 (0.17%) ISEB
4 1 (0.17%) MBA
Quality Assurance & Compliance
1 12 (1.99%) QA
2 7 (1.16%) MiFID
3 3 (0.50%) Data Quality
4 2 (0.33%) IFRS
4 2 (0.33%) Solvency II
5 1 (0.17%) EMIR
5 1 (0.17%) PSD2
5 1 (0.17%) SEPA
5 1 (0.17%) SLA
System Software
1 14 (2.33%) Docker
Systems Management
1 7 (1.16%) Terraform
2 6 (1.00%) Kubernetes
3 4 (0.66%) Ansible
4 2 (0.33%) Opscode Chef
5 1 (0.17%) BladeLogic
5 1 (0.17%) Grafana
5 1 (0.17%) Kibana
5 1 (0.17%) logstash
5 1 (0.17%) Prometheus
Vendors
1 89 (14.78%) Google
2 45 (7.48%) Bloomberg
3 39 (6.48%) Oracle
4 25 (4.15%) Charles River
5 24 (3.99%) Calypso
5 24 (3.99%) GoldenSource
6 23 (3.82%) SimCorp
7 15 (2.49%) TIBCO
8 13 (2.16%) Murex
9 12 (1.99%) ION Trading
10 10 (1.66%) Sybase
11 9 (1.50%) Terracotta
12 8 (1.33%) FXall
13 7 (1.16%) Tableau
14 6 (1.00%) Reuters
15 5 (0.83%) Red Hat
16 4 (0.66%) FIS
16 4 (0.66%) Microsoft
17 3 (0.50%) Salesforce.com
17 3 (0.50%) Sun