Period
to 28 November 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 28 November 2021 with a comparison to the same period over the previous 2 years.

Foreign Exchange (FX)
Central London > City of London
6 months to
28 Nov 2021
Same period 2020 Same period 2019
Rank 163 117 201
Rank change year-on-year -46 +84 -70
Permanent jobs citing Foreign Exchange (FX) 97 91 133
As % of all permanent jobs advertised in the City of London 1.59% 2.28% 1.34%
As % of the Miscellaneous category 4.29% 6.05% 3.55%
Number of salaries quoted 83 84 122
10th Percentile £65,000 £56,625 £56,375
25th Percentile £69,375 £67,500 £66,250
Median annual salary (50th Percentile) £85,000 £85,000 £85,000
75th Percentile £115,000 £117,500 £110,000
90th Percentile £117,500 £122,500 £129,500
Central London median annual salary £84,000 £83,750 £85,000
% change year-on-year +0.30% -1.47% +21.43%

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 2,261 1,505 3,742
As % of all permanent IT jobs advertised in the City of London 37.16% 37.78% 37.64%
Number of salaries quoted 2,017 1,328 3,196
10th Percentile £42,500 £45,000 £39,750
25th Percentile £57,500 £56,250 £51,938
Median annual salary (50th Percentile) £75,000 £75,000 £70,000
Median % change year-on-year - +7.14% +6.06%
75th Percentile £95,000 £88,750 £86,250
90th Percentile £112,500 £110,000 £105,000
Central London median annual salary £72,500 £72,500 £67,500
% change year-on-year - +7.41% +3.85%

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 28 November 2021.

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

For the 6 months to 28 November 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 48 (49.48%) Finance
2 35 (36.08%) Java
3 34 (35.05%) Electronic Trading
4 32 (32.99%) Front Office
5 31 (31.96%) FIX Protocol
5 31 (31.96%) Banking
6 30 (30.93%) Equities
7 26 (26.80%) Agile Software Development
8 25 (25.77%) Risk Management
8 25 (25.77%) Social Skills
9 24 (24.74%) Advertising
9 24 (24.74%) SQL
10 23 (23.71%) Degree
11 19 (19.59%) Fixed Income
11 19 (19.59%) C#
12 17 (17.53%) Market Risk
13 16 (16.49%) Validation
14 15 (15.46%) MiFID
14 15 (15.46%) Exotic Derivative
14 15 (15.46%) Investment Banking
14 15 (15.46%) Model Validation
14 15 (15.46%) Stochastic Calculus
14 15 (15.46%) Financial Modelling
14 15 (15.46%) Machine Learning
14 15 (15.46%) EMIR
14 15 (15.46%) Dodd-Frank
15 14 (14.43%) Greenfield Project
15 14 (14.43%) Master's Degree
15 14 (14.43%) Fintech
15 14 (14.43%) Mathematics

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 3 (3.09%) Jetty
Applications
1 13 (13.40%) Spreadsheet
2 2 (2.06%) Microsoft Excel
3 1 (1.03%) Microsoft Office
3 1 (1.03%) MS Visio
Business Applications
1 2 (2.06%) FINCAD Analytics
Cloud Services
1 9 (9.28%) Azure
2 1 (1.03%) AWS
2 1 (1.03%) Power Platform
2 1 (1.03%) Sumo Logic
Communications & Networking
1 3 (3.09%) FIX Connectivity
2 1 (1.03%) LAN
2 1 (1.03%) TCP/IP
2 1 (1.03%) Telnet
2 1 (1.03%) Wireshark
Database & Business Intelligence
1 14 (14.43%) SQL Server
2 7 (7.22%) SQL Server Integration Services
2 7 (7.22%) SQL Server Reporting Services
3 6 (6.19%) SQL Server 2017
3 6 (6.19%) SSDT
4 4 (4.12%) Blockchain
5 3 (3.09%) KDB
6 2 (2.06%) Data Warehouse
6 2 (2.06%) Kdb+
6 2 (2.06%) Relational Database
7 1 (1.03%) BusinessObjects
7 1 (1.03%) Data Mart
7 1 (1.03%) MongoDB
7 1 (1.03%) Power BI
7 1 (1.03%) QlikView
7 1 (1.03%) Redis
7 1 (1.03%) Star Schema
7 1 (1.03%) Tableau
Development Applications
1 12 (12.37%) Git (software)
2 10 (10.31%) Cucumber
3 7 (7.22%) Jenkins
4 6 (6.19%) Jasmine
4 6 (6.19%) Maven
4 6 (6.19%) Postman
4 6 (6.19%) Team Foundation Server
4 6 (6.19%) Visual Studio
4 6 (6.19%) Visual Studio Team System
5 4 (4.12%) JUnit
5 4 (4.12%) Mockito
6 3 (3.09%) Ant
6 3 (3.09%) Apache Ivy
6 3 (3.09%) Bitbucket
6 3 (3.09%) Concordion
6 3 (3.09%) Gradle
6 3 (3.09%) JIRA
7 2 (2.06%) TeamCity
8 1 (1.03%) Atlassian Bamboo
General
1 48 (49.48%) Finance
2 32 (32.99%) Front Office
3 31 (31.96%) Banking
4 25 (25.77%) Social Skills
5 24 (24.74%) Advertising
6 15 (15.46%) Investment Banking
7 12 (12.37%) Financial Institution
8 9 (9.28%) Analytical Skills
9 4 (4.12%) Back Office
10 3 (3.09%) Marketing
11 2 (2.06%) International Banking
12 1 (1.03%) Corporate Banking
Job Titles
1 55 (56.70%) Developer
2 28 (28.87%) Java Developer
3 25 (25.77%) Electronic Trading Developer
4 23 (23.71%) Analyst
5 22 (22.68%) Electronic Trading Java Developer
6 13 (13.40%) Java Developer - Fintech
6 13 (13.40%) Java Pricing Developer
6 13 (13.40%) Pricing Developer
6 13 (13.40%) Quantitative Developer
7 11 (11.34%) C# Developer
8 10 (10.31%) Business Analyst
9 9 (9.28%) FX Business Analyst
10 8 (8.25%) Senior Analyst
10 8 (8.25%) Senior Business Analyst
11 7 (7.22%) C# Quant Developer
11 7 (7.22%) SQL Developer
11 7 (7.22%) Support Analyst
12 6 (6.19%) SQL Analyst
12 6 (6.19%) Support Specialist
12 6 (6.19%) T-SQL Developer
Libraries, Frameworks & Software Standards
1 31 (31.96%) FIX Protocol
2 14 (14.43%) Web Services
3 9 (9.28%) REST
3 9 (9.28%) XML
4 6 (6.19%) WebdriverIO
4 6 (6.19%) XSLT
5 4 (4.12%) React
6 3 (3.09%) JAX-RS
6 3 (3.09%) JDBC
6 3 (3.09%) JMS
6 3 (3.09%) JPA
6 3 (3.09%) JSON
6 3 (3.09%) Redux
6 3 (3.09%) Swagger
6 3 (3.09%) WebSockets
7 1 (1.03%) .NET
7 1 (1.03%) CSS
7 1 (1.03%) HTML
7 1 (1.03%) HTML5
7 1 (1.03%) Java EE
Miscellaneous
1 30 (30.93%) Equities
2 19 (19.59%) Fixed Income
3 17 (17.53%) Market Risk
4 15 (15.46%) Exotic Derivative
5 14 (14.43%) Greenfield Project
6 13 (13.40%) Legacy Systems
7 12 (12.37%) Credit Risk
8 7 (7.22%) Derivative
9 4 (4.12%) SWIFT
10 3 (3.09%) Mobile App
10 3 (3.09%) User Experience
11 1 (1.03%) Client/Server
11 1 (1.03%) Credit Derivative
11 1 (1.03%) Equity Derivative
11 1 (1.03%) OTC Derivatives
Operating Systems
1 11 (11.34%) Windows
2 6 (6.19%) Linux
3 4 (4.12%) Unix
4 3 (3.09%) Windows Server
Processes & Methodologies
1 34 (35.05%) Electronic Trading
2 26 (26.80%) Agile Software Development
3 25 (25.77%) Risk Management
4 16 (16.49%) Validation
5 15 (15.46%) Financial Modelling
5 15 (15.46%) Machine Learning
5 15 (15.46%) Model Validation
5 15 (15.46%) Stochastic Calculus
6 14 (14.43%) Fintech
6 14 (14.43%) Mathematics
6 14 (14.43%) Physics
7 12 (12.37%) Artificial Intelligence
7 12 (12.37%) Requirements Gathering
8 9 (9.28%) Asset Management
8 9 (9.28%) Business Process Analysis
8 9 (9.28%) Portfolio Management
8 9 (9.28%) Stakeholder Management
9 8 (8.25%) Problem-Solving
10 7 (7.22%) Change Control
10 7 (7.22%) Investment Management
Programming Languages
1 35 (36.08%) Java
2 24 (24.74%) SQL
3 19 (19.59%) C#
4 13 (13.40%) Python
5 8 (8.25%) JavaScript
6 7 (7.22%) T-SQL
7 6 (6.19%) XPath
8 4 (4.12%) C++
8 4 (4.12%) R
9 3 (3.09%) MATLAB
9 3 (3.09%) TypeScript
10 1 (1.03%) Groovy
10 1 (1.03%) PowerShell
10 1 (1.03%) Shell Script
10 1 (1.03%) VBA
Qualifications
1 23 (23.71%) Degree
2 14 (14.43%) Master's Degree
2 14 (14.43%) PhD
3 6 (6.19%) Computer Science Degree
4 3 (3.09%) CHECK Team Member
4 3 (3.09%) ITIL Certification
Quality Assurance & Compliance
1 15 (15.46%) Dodd-Frank
1 15 (15.46%) EMIR
1 15 (15.46%) MiFID
2 6 (6.19%) QA
3 3 (3.09%) Accessibility
4 1 (1.03%) ISO/IEC 27001
4 1 (1.03%) PCI DSS
Vendors
1 13 (13.40%) Bloomberg
1 13 (13.40%) Tradeweb
2 11 (11.34%) Microsoft
3 7 (7.22%) Charles River
3 7 (7.22%) Fidessa
3 7 (7.22%) Portware
4 6 (6.19%) MarketAxess
5 3 (3.09%) ServiceNow
5 3 (3.09%) Trayport
6 2 (2.06%) Murex
7 1 (1.03%) IBM
7 1 (1.03%) ION Trading
7 1 (1.03%) Oracle
7 1 (1.03%) SAP
7 1 (1.03%) Splunk
7 1 (1.03%) Sun