Period
to 19 October 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 19 October 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
19 Oct 2021
Same period 2020 Same period 2019
Rank 129 64 177
Rank change year-on-year -65 +113 -48
Contract jobs citing Foreign Exchange (FX) 778 577 554
As % of all contract jobs advertised in London 2.18% 4.15% 1.51%
As % of the Miscellaneous category 6.63% 11.29% 4.80%
Number of daily rates quoted 656 466 385
10th Percentile £500 £494 £419
25th Percentile £575 £550 £525
Median daily rate (50th Percentile) £693 £650 £600
Median % change year-on-year +6.65% +8.33% -4.00%
75th Percentile £775 £798 £744
90th Percentile £835 £825 £794
England median daily rate £692 £650 £600
% change year-on-year +6.38% +8.33% -4.00%

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 11,736 5,109 11,540
As % of all contract IT jobs advertised in London 32.85% 36.72% 31.50%
Number of daily rates quoted 8,569 3,704 8,242
10th Percentile £363 £315 £313
25th Percentile £463 £425 £413
Median daily rate (50th Percentile) £575 £538 £525
Median % change year-on-year +6.98% +2.38% -
75th Percentile £681 £655 £625
90th Percentile £763 £750 £710
England median daily rate £525 £500 £475
% change year-on-year +5.00% +5.26% -
Number of hourly rates quoted 143 59 161
10th Percentile £15.00 £13.35 £12.76
25th Percentile £20.53 £23.75 £16.00
Median hourly rate £32.40 £35.50 £21.56
Median % change year-on-year -8.73% +64.66% -3.14%
75th Percentile £49.76 £43.38 £47.00
90th Percentile £61.75 £49.68 £52.50
England median hourly rate £24.08 £30.43 £20.50
% change year-on-year -20.85% +48.41% +1.23%

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 19 October 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 19 October 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 -17 108 £725 +17.41% 53
South London - 4 £431 - 3
East London -12 1 £264 -37.88% 8
Foreign Exchange (FX)
England

For the 6 months to 19 October 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).

1 464 (59.64%) Java
2 440 (56.56%) Front Office
3 405 (52.06%) Finance
4 358 (46.02%) Banking
5 281 (36.12%) Agile Software Development
6 266 (34.19%) Fixed Income
7 265 (34.06%) Derivative
8 251 (32.26%) Investment Banking
9 230 (29.56%) SQL
10 218 (28.02%) Multithreading
11 205 (26.35%) Equities
12 198 (25.45%) C#
12 198 (25.45%) Electronic Trading
13 195 (25.06%) Social Skills
14 192 (24.68%) JavaScript
15 189 (24.29%) Python
16 176 (22.62%) Low Latency
17 175 (22.49%) Software Engineering
18 166 (21.34%) React
19 156 (20.05%) TypeScript
20 153 (19.67%) C++
21 135 (17.35%) AWS
22 133 (17.10%) Full Stack Development
23 119 (15.30%) Analytical Skills
23 119 (15.30%) Asset Management
24 113 (14.52%) .NET
25 101 (12.98%) AngularJS
26 98 (12.60%) Oracle
27 94 (12.08%) Data Structures
28 89 (11.44%) Linux

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 36 (4.63%) Apache
2 23 (2.96%) Apache Airflow
3 15 (1.93%) Oracle Coherence
4 14 (1.80%) WebSphere
5 8 (1.03%) Apache Spark
6 5 (0.64%) Confluence
7 4 (0.51%) MQSeries
8 3 (0.39%) Jupyter
9 2 (0.26%) Elasticsearch
10 1 (0.13%) IBM HTTP Server
10 1 (0.13%) JBoss
10 1 (0.13%) Oracle Workflow
10 1 (0.13%) Tomcat
10 1 (0.13%) WebLogic
Applications
1 26 (3.34%) Microsoft Excel
2 12 (1.54%) Microsoft Project
3 11 (1.41%) Spreadsheet
4 4 (0.51%) Microsoft PowerPoint
5 1 (0.13%) LaTeX
5 1 (0.13%) Microsoft Office
5 1 (0.13%) MS Visio
Business Applications
1 15 (1.93%) Orchestrade
2 7 (0.90%) RMDS
3 6 (0.77%) BusinessWorks
4 2 (0.26%) FINCAD Analytics
4 2 (0.26%) Oracle FAH
4 2 (0.26%) Oracle General Ledger
4 2 (0.26%) Oracle Subledger Accounting
4 2 (0.26%) SimCorp Dimension
5 1 (0.13%) Temenos T24
Cloud Services
1 135 (17.35%) AWS
2 75 (9.64%) Azure
3 54 (6.94%) Amazon S3
4 53 (6.81%) Amazon EC2
4 53 (6.81%) GCP
5 52 (6.68%) AWS Lambda
5 52 (6.68%) Serverless
6 6 (0.77%) AWS CloudFormation
7 5 (0.64%) Cloud Computing
7 5 (0.64%) OpenShift
8 3 (0.39%) npm
8 3 (0.39%) Yarn
9 2 (0.26%) Power Platform
10 1 (0.13%) Amazon EMR
10 1 (0.13%) Amazon Kinesis
10 1 (0.13%) Amazon SQS
10 1 (0.13%) PowerApps
Communications & Networking
1 30 (3.86%) TCP/IP
2 24 (3.08%) RTMP
2 24 (3.08%) SSL
3 11 (1.41%) HTTP
4 9 (1.16%) Multicast
5 7 (0.90%) BGP
6 6 (0.77%) Firewall
7 3 (0.39%) FIX Connectivity
8 2 (0.26%) Internet
Database & Business Intelligence
1 52 (6.68%) Amazon DynamoDB
2 48 (6.17%) Relational Database
3 46 (5.91%) Hazelcast
4 44 (5.66%) SQL Server
5 36 (4.63%) Apache Ignite
6 26 (3.34%) Redis
7 22 (2.83%) Amazon Athena
8 21 (2.70%) Data Mart
9 13 (1.67%) KDB
10 9 (1.16%) Big Data
10 9 (1.16%) RDBMS
11 6 (0.77%) NoSQL
12 5 (0.64%) MongoDB
13 3 (0.39%) Apache Cassandra
13 3 (0.39%) Data Lake
13 3 (0.39%) Data Warehouse
13 3 (0.39%) SQL Server Analysis Services
14 2 (0.26%) Azure SQL Database
14 2 (0.26%) HBase
14 2 (0.26%) Power BI
Development Applications
1 64 (8.23%) Git (software)
2 42 (5.40%) JIRA
3 30 (3.86%) Maven
4 26 (3.34%) Jenkins
5 22 (2.83%) Subversion
6 15 (1.93%) TeamCity
7 12 (1.54%) Octopus Deploy
8 9 (1.16%) Bitbucket
9 6 (0.77%) Artifactory
10 4 (0.51%) IntelliJ
11 3 (0.39%) Browser DevTools
11 3 (0.39%) GCC
11 3 (0.39%) GDB
11 3 (0.39%) git-flow
11 3 (0.39%) Storybook
11 3 (0.39%) webpack
12 2 (0.26%) CMake
12 2 (0.26%) Gradle
12 2 (0.26%) NUnit
13 1 (0.13%) Atlassian Bamboo
General
1 440 (56.56%) Front Office
2 405 (52.06%) Finance
3 358 (46.02%) Banking
4 251 (32.26%) Investment Banking
5 195 (25.06%) Social Skills
6 119 (15.30%) Analytical Skills
7 22 (2.83%) Back Office
8 17 (2.19%) French Language
9 13 (1.67%) Marketing
10 12 (1.54%) Organisational Skills
11 11 (1.41%) Presentation Skills
12 10 (1.29%) Legal
13 9 (1.16%) Influencing Skills
14 6 (0.77%) Inclusion and Diversity
14 6 (0.77%) Retail Banking
15 4 (0.51%) Financial Institution
15 4 (0.51%) Prime Brokerage
16 2 (0.26%) Documentation Skills
16 2 (0.26%) General Ledger
16 2 (0.26%) Public Sector
Job Titles
1 547 (70.31%) Developer
2 242 (31.11%) Java Developer
3 98 (12.60%) Senior Developer
4 93 (11.95%) Front Office Developer
5 85 (10.93%) C# Developer
6 84 (10.80%) Python Developer
7 82 (10.54%) JavaScript Developer
8 78 (10.03%) Analyst
9 77 (9.90%) Senior Java Developer
10 76 (9.77%) Software Engineer
11 73 (9.38%) Developer/Software Engineer
12 67 (8.61%) React Developer
13 63 (8.10%) Python Engineer
14 60 (7.71%) Investment Banking Java Developer
15 58 (7.46%) Business Analyst
16 57 (7.33%) Electronic Trading Developer
17 56 (7.20%) Python Software Engineer
18 54 (6.94%) Electronic Trading Java Developer
19 52 (6.68%) Lead Developer
20 45 (5.78%) Consultant
Libraries, Frameworks & Software Standards
1 166 (21.34%) React
2 113 (14.52%) .NET
3 101 (12.98%) AngularJS
4 84 (10.80%) HTML
5 80 (10.28%) Web Services
6 69 (8.87%) HTML5
6 69 (8.87%) Spring
7 66 (8.48%) Node.js
8 62 (7.97%) RESTful
9 60 (7.71%) Middleware
9 60 (7.71%) Spring Boot
10 55 (7.07%) Rendezvous
11 52 (6.68%) Vue.js
12 51 (6.56%) WPF
13 41 (5.27%) FIX Protocol
14 35 (4.50%) CSS
15 34 (4.37%) Reactive Extensions
16 31 (3.98%) Kafka
17 29 (3.73%) GraphQL
18 26 (3.34%) .NET Core
Miscellaneous
1 266 (34.19%) Fixed Income
2 265 (34.06%) Derivative
3 205 (26.35%) Equities
4 94 (12.08%) Data Structures
5 75 (9.64%) Algorithms
6 71 (9.13%) Hedge funds
7 36 (4.63%) Credit Risk
8 27 (3.47%) Legacy Systems
9 25 (3.21%) Credit Derivative
9 25 (3.21%) Market Risk
10 24 (3.08%) Data Protection Act
10 24 (3.08%) Legacy Applications
11 23 (2.96%) Enterprise Software
11 23 (2.96%) User Experience
12 17 (2.19%) Greenfield Project
13 15 (1.93%) Equity Derivative
13 15 (1.93%) Self-Motivation
14 9 (1.16%) Analytical Mindset
15 6 (0.77%) OTC Derivatives
15 6 (0.77%) SWIFT
Operating Systems
1 89 (11.44%) Linux
2 64 (8.23%) Unix
3 24 (3.08%) Windows
4 6 (0.77%) Red Hat Enterprise Linux
5 1 (0.13%) Solaris
Processes & Methodologies
1 281 (36.12%) Agile Software Development
2 218 (28.02%) Multithreading
3 198 (25.45%) Electronic Trading
4 176 (22.62%) Low Latency
5 175 (22.49%) Software Engineering
6 133 (17.10%) Full Stack Development
7 119 (15.30%) Asset Management
8 87 (11.18%) Analytics
9 75 (9.64%) Algorithmic Trading
10 74 (9.51%) Performance Tuning
11 69 (8.87%) OO
11 69 (8.87%) TDD
12 67 (8.61%) DevOps
13 65 (8.35%) Problem-Solving
13 65 (8.35%) Scrum
14 63 (8.10%) Investment Management
15 55 (7.07%) Multithreaded Programming
16 54 (6.94%) OOD
17 49 (6.30%) Continuous Improvement
17 49 (6.30%) Migration
Programming Languages
1 464 (59.64%) Java
2 230 (29.56%) SQL
3 198 (25.45%) C#
4 192 (24.68%) JavaScript
5 189 (24.29%) Python
6 156 (20.05%) TypeScript
7 153 (19.67%) C++
8 87 (11.18%) Kotlin
9 61 (7.84%) Java 8
10 57 (7.33%) Scala
11 37 (4.76%) PL/SQL
12 27 (3.47%) Haskell
12 27 (3.47%) Java 9
13 24 (3.08%) XAML
14 19 (2.44%) Java 11
15 17 (2.19%) Perl
16 5 (0.64%) VBA
17 4 (0.51%) Go
18 3 (0.39%) C
19 2 (0.26%) T-SQL
Qualifications
1 60 (7.71%) Degree
2 15 (1.93%) Computer Science Degree
3 13 (1.67%) PhD
4 3 (0.39%) Master's Degree
5 2 (0.26%) CFA
5 2 (0.26%) Numerate Degree
6 1 (0.13%) ACCA
6 1 (0.13%) CIMA
Quality Assurance & Compliance
1 21 (2.70%) MiFID
2 20 (2.57%) QA
3 10 (1.29%) Data Quality
4 4 (0.51%) EMIR
5 3 (0.39%) ISO 20022
5 3 (0.39%) PMO
6 2 (0.26%) Dodd-Frank
6 2 (0.26%) FATCA
6 2 (0.26%) GDPR
7 1 (0.13%) Basel III
7 1 (0.13%) GAAP
7 1 (0.13%) IFRS
7 1 (0.13%) PSD2
7 1 (0.13%) SEPA
System Software
1 40 (5.14%) Docker
2 2 (0.26%) Apache ZooKeeper
2 2 (0.26%) HDFS
Systems Management
1 31 (3.98%) Kubernetes
2 29 (3.73%) Terraform
3 17 (2.19%) Ansible
4 8 (1.03%) Puppet
5 6 (0.77%) BladeLogic
5 6 (0.77%) Opscode Chef
6 4 (0.51%) ITRS Geneos
7 2 (0.26%) Oozie
8 1 (0.13%) Hadoop YARN
8 1 (0.13%) HP ALM
8 1 (0.13%) HP Quality Center
8 1 (0.13%) Istio
Vendors
1 98 (12.60%) Oracle
2 55 (7.07%) TIBCO
3 43 (5.53%) Microsoft
3 43 (5.53%) Murex
4 28 (3.60%) ION Trading
5 22 (2.83%) Solace
6 16 (2.06%) Sun
7 13 (1.67%) Currenex
7 13 (1.67%) Sybase
8 10 (1.29%) Bloomberg
9 8 (1.03%) FXall
9 8 (1.03%) Google
9 8 (1.03%) Reuters
10 6 (0.77%) BMC
10 6 (0.77%) IBM
10 6 (0.77%) Red Hat
10 6 (0.77%) Refinitiv
11 4 (0.51%) Salesforce.com
12 2 (0.26%) Barracuda Networks
12 2 (0.26%) Twitter