Period
to 16 January 2021

The table below looks at the prevalence of the term Foreign Exchange (FX) in permanent job vacancies advertised in the City of London. Included is a benchmarking guide to the salaries offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 16 January 2021 with a comparison to the same period over the previous 2 years.

Foreign Exchange (FX)
Central London > City of London
6 months to
16 Jan 2021
Same period 2020 Same period 2019
Rank 105 182 128
Rank change year-on-year +77 -54 -8
Permanent jobs citing Foreign Exchange (FX) 114 126 252
As % of all permanent jobs advertised in the City of London 2.67% 1.38% 2.46%
As % of the Miscellaneous category 6.86% 3.39% 5.98%
Number of salaries quoted 109 120 236
Median annual salary £85,000 £85,000 £70,000
Median salary % change year-on-year - +21.43% -6.67%
10th Percentile £56,250 £58,750 £46,250
90th Percentile £123,000 £125,000 £108,750
Central London median annual salary £85,000 £82,500 £70,000
% change year-on-year +3.03% +17.86% -6.67%

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 permanent job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Permanent vacancies with a requirement for generic IT skills 1,662 3,712 4,213
As % of all permanent IT jobs advertised in the City of London 38.87% 40.55% 41.19%
Number of salaries quoted 1,449 3,217 3,799
Median annual salary £75,000 £70,000 £65,000
Median salary % change year-on-year +7.14% +7.69% +4.84%
10th Percentile £45,000 £38,750 £40,000
90th Percentile £110,000 £107,500 £96,250
Central London median annual salary £72,500 £67,500 £65,000
% change year-on-year +7.41% +3.85% +8.33%

Foreign Exchange (FX)
Job Vacancy Trend in the City of London

Job postings citing Foreign Exchange (FX) as a proportion 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)
Salary Trend in the City of London

3-month moving average salary quoted in jobs citing Foreign Exchange (FX) in the City of London.

Salary trend for Foreign Exchange (FX) in the City of London

Foreign Exchange (FX)
Salary Histogram in the City of London

Salary distribution for jobs citing Foreign Exchange (FX) in the City of London over the 6 months to 16 January 2021.

Salary histogram for Foreign Exchange (FX) in the City of London

For the 6 months to 16 January 2021, IT 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 permanent job ads across the City of London region with a requirement for Foreign Exchange (FX).

1 52 (45.61%) Java
2 51 (44.74%) Finance
3 41 (35.96%) Python
3 41 (35.96%) Agile Software Development
3 41 (35.96%) Fintech
4 40 (35.09%) Front Office
5 36 (31.58%) Electronic Trading
6 30 (26.32%) Banking
6 30 (26.32%) Fixed Income
7 27 (23.68%) C#
8 24 (21.05%) C++
9 22 (19.30%) Equities
10 20 (17.54%) SDLC
11 19 (16.67%) Risk Management
11 19 (16.67%) Mathematics
12 16 (14.04%) Degree
12 16 (14.04%) SQL
12 16 (14.04%) AWS
13 15 (13.16%) Machine Learning
13 15 (13.16%) .NET
13 15 (13.16%) Advertising
13 15 (13.16%) Market Risk
14 14 (12.28%) Multithreading
14 14 (12.28%) Physics
14 14 (12.28%) Artificial Intelligence
14 14 (12.28%) Master's Degree
14 14 (12.28%) Problem-Solving
14 14 (12.28%) TypeScript
15 13 (11.40%) Hedge funds
15 13 (11.40%) Spreadsheet

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 (3.51%) IIS
2 1 (0.88%) Oracle SOA Suite
Applications
1 13 (11.40%) Spreadsheet
Business Applications
1 7 (6.14%) FINCAD Analytics
Cloud Services
1 16 (14.04%) AWS
2 4 (3.51%) SaaS
3 3 (2.63%) Amazon Kinesis
3 3 (2.63%) AWS Lambda
3 3 (2.63%) Azure
3 3 (2.63%) Serverless
4 2 (1.75%) AWS CloudFormation
4 2 (1.75%) AWS Elastic Beanstalk
5 1 (0.88%) Power Platform
Database & Business Intelligence
1 9 (7.89%) KDB
2 8 (7.02%) SQL Server
3 7 (6.14%) NoSQL
4 3 (2.63%) Amazon DynamoDB
4 3 (2.63%) Big Data
4 3 (2.63%) MySQL
4 3 (2.63%) Redis
5 2 (1.75%) Data Mining
5 2 (1.75%) Text Mining
6 1 (0.88%) Azure SQL Database
6 1 (0.88%) Data Lake
6 1 (0.88%) Hazelcast
6 1 (0.88%) Power BI
6 1 (0.88%) SQL Server Reporting Services
Development Applications
1 5 (4.39%) GitLab
2 3 (2.63%) Git (software)
3 1 (0.88%) Moq
3 1 (0.88%) MSTest
3 1 (0.88%) NSubstitute
3 1 (0.88%) NUnit
3 1 (0.88%) webpack
General
1 51 (44.74%) Finance
2 40 (35.09%) Front Office
3 30 (26.32%) Banking
4 15 (13.16%) Advertising
5 7 (6.14%) Investment Banking
6 5 (4.39%) Financial Institution
7 4 (3.51%) Law
8 3 (2.63%) Back Office
8 3 (2.63%) Games
9 1 (0.88%) Retail
Job Titles
1 83 (72.81%) Developer
2 30 (26.32%) Java Developer
3 29 (25.44%) Quantitative Developer
4 28 (24.56%) Senior Developer
5 24 (21.05%) Electronic Trading Developer
6 21 (18.42%) Electronic Trading Java Developer
7 20 (17.54%) Analyst
8 17 (14.91%) Python Developer
9 16 (14.04%) Pricing Developer
10 15 (13.16%) Java Pricing Developer
11 13 (11.40%) Java Developer - Fintech
11 13 (11.40%) Senior Quantitative Developer
12 11 (9.65%) Analyst Developer
12 11 (9.65%) Qualitative Analyst
12 11 (9.65%) Quantitative Analyst
12 11 (9.65%) Quantitative Analyst Developer
12 11 (9.65%) Senior Analyst
12 11 (9.65%) Senior Quantitative Analyst
13 10 (8.77%) Senior Analyst Developer
14 9 (7.89%) Business Analyst
Libraries, Frameworks & Software Standards
1 15 (13.16%) .NET
2 10 (8.77%) Spring
3 9 (7.89%) AngularJS
3 9 (7.89%) CSS
3 9 (7.89%) HTML
3 9 (7.89%) React
4 8 (7.02%) .NET Core
4 8 (7.02%) Redux
5 7 (6.14%) Web Services
6 5 (4.39%) ASP.NET
6 5 (4.39%) FpML
7 4 (3.51%) ASP.NET MVC
7 4 (3.51%) Node.js
7 4 (3.51%) REST
7 4 (3.51%) Spring Boot
8 3 (2.63%) ASP.NET Core
8 3 (2.63%) Kafka
8 3 (2.63%) WebSockets
8 3 (2.63%) WPF
9 2 (1.75%) CSS3
Miscellaneous
1 30 (26.32%) Fixed Income
2 22 (19.30%) Equities
3 15 (13.16%) Market Risk
4 13 (11.40%) Hedge funds
5 12 (10.53%) Exotic Derivative
5 12 (10.53%) User Experience
6 9 (7.89%) Derivative
7 8 (7.02%) Analytical Skills
8 4 (3.51%) Data Structures
9 3 (2.63%) Credit Risk
10 2 (1.75%) Algorithms
10 2 (1.75%) Analytical Mindset
10 2 (1.75%) Self-Motivation
11 1 (0.88%) Greenfield Project
Operating Systems
1 11 (9.65%) Linux
2 4 (3.51%) Windows
2 4 (3.51%) Windows Server
Processes & Methodologies
1 41 (35.96%) Agile Software Development
1 41 (35.96%) Fintech
2 36 (31.58%) Electronic Trading
3 20 (17.54%) SDLC
4 19 (16.67%) Mathematics
4 19 (16.67%) Risk Management
5 15 (13.16%) Machine Learning
6 14 (12.28%) Artificial Intelligence
6 14 (12.28%) Multithreading
6 14 (12.28%) Physics
6 14 (12.28%) Problem-Solving
7 12 (10.53%) Financial Modelling
7 12 (10.53%) Scrum
7 12 (10.53%) Stochastic Calculus
7 12 (10.53%) Validation
8 11 (9.65%) Low Latency
8 11 (9.65%) Market Making
9 9 (7.89%) Microservices
9 9 (7.89%) TDD
10 8 (7.02%) Stakeholder Management
Programming Languages
1 52 (45.61%) Java
2 41 (35.96%) Python
3 27 (23.68%) C#
4 24 (21.05%) C++
5 16 (14.04%) SQL
6 14 (12.28%) TypeScript
7 12 (10.53%) JavaScript
8 3 (2.63%) Java 8
8 3 (2.63%) Kotlin
8 3 (2.63%) Scala
9 1 (0.88%) C
9 1 (0.88%) Go
9 1 (0.88%) PL/SQL
Qualifications
1 16 (14.04%) Degree
2 14 (12.28%) Master's Degree
3 12 (10.53%) PhD
4 2 (1.75%) Computer Science Degree
5 1 (0.88%) MOS
Quality Assurance & Compliance
1 12 (10.53%) Dodd-Frank
1 12 (10.53%) EMIR
1 12 (10.53%) MiFID
2 3 (2.63%) PSD2
2 3 (2.63%) QA
System Software
1 9 (7.89%) Docker
Systems Management
1 9 (7.89%) Kubernetes
2 6 (5.26%) Terraform
3 4 (3.51%) Puppet
4 3 (2.63%) Grafana
5 1 (0.88%) Kibana
Vendors
1 4 (3.51%) Microsoft
2 3 (2.63%) Oracle
2 3 (2.63%) Solace
2 3 (2.63%) Splunk
3 2 (1.75%) TIBCO
4 1 (0.88%) Databricks