Period
to 18 May 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 18 May 2021 with a comparison to the same period over the previous 2 years.

Foreign Exchange (FX)
Central London > City of London
6 months to
18 May 2021
Same period 2020 Same period 2019
Rank 123 122 183
Rank change year-on-year -1 +61 -59
Permanent jobs citing Foreign Exchange (FX) 119 162 166
As % of all permanent jobs advertised in the City of London 2.39% 2.24% 1.64%
As % of the Miscellaneous category 6.64% 5.98% 4.47%
Number of salaries quoted 110 155 141
10th Percentile £67,250 £57,500 £41,250
25th Percentile £78,750 £62,500 £58,750
Median annual salary (50th Percentile) £95,000 £85,000 £80,000
Median % change year-on-year +11.76% +6.25% +6.67%
75th Percentile £121,250 £120,000 £100,000
90th Percentile £130,250 £155,000 £112,500
Central London median annual salary £92,500 £85,000 £77,500
% change year-on-year +8.82% +9.68% +3.33%

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 1,791 2,710 3,715
As % of all permanent IT jobs advertised in the City of London 35.97% 37.50% 36.70%
Number of salaries quoted 1,573 2,381 3,320
10th Percentile £43,750 £41,250 £38,750
25th Percentile £56,250 £52,500 £51,250
Median annual salary (50th Percentile) £75,000 £70,000 £67,500
Median % change year-on-year +7.14% +3.70% +3.85%
75th Percentile £95,000 £88,750 £83,750
90th Percentile £112,500 £112,500 £98,875
Central London median annual salary £72,500 £70,000 £65,000
% change year-on-year +3.57% +7.69% +4.00%

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 18 May 2021.

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

For the 6 months to 18 May 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 65 (54.62%) Java
2 54 (45.38%) Electronic Trading
3 43 (36.13%) Finance
4 36 (30.25%) Front Office
5 35 (29.41%) Banking
6 32 (26.89%) Agile Software Development
7 29 (24.37%) Python
8 27 (22.69%) Fintech
9 25 (21.01%) Fixed Income
10 24 (20.17%) C#
11 23 (19.33%) Low Latency
12 22 (18.49%) Multithreading
13 20 (16.81%) Risk Management
14 19 (15.97%) Social Skills
15 18 (15.13%) SQL
16 17 (14.29%) C++
16 17 (14.29%) SDLC
17 15 (12.61%) KDB
17 15 (12.61%) Spreadsheet
18 14 (11.76%) Equities
18 14 (11.76%) Degree
18 14 (11.76%) Mathematics
18 14 (11.76%) Market Risk
18 14 (11.76%) Advertising
18 14 (11.76%) Linux
18 14 (11.76%) Machine Learning
19 13 (10.92%) EMIR
19 13 (10.92%) Master's Degree
19 13 (10.92%) Problem-Solving
19 13 (10.92%) Greenfield Project

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:

Applications
1 15 (12.61%) Spreadsheet
Business Applications
1 9 (7.56%) FINCAD Analytics
Cloud Services
1 6 (5.04%) AWS
2 4 (3.36%) Azure
3 1 (0.84%) AWS CloudFormation
3 1 (0.84%) AWS Elastic Beanstalk
3 1 (0.84%) Power Platform
3 1 (0.84%) SaaS
Communications & Networking
1 1 (0.84%) FTP
Database & Business Intelligence
1 15 (12.61%) KDB
2 5 (4.20%) SQL Server
3 4 (3.36%) Data Mining
3 4 (3.36%) Text Mining
4 2 (1.68%) Kdb+
4 2 (1.68%) NoSQL
5 1 (0.84%) Azure SQL Database
5 1 (0.84%) Blockchain
5 1 (0.84%) MySQL
5 1 (0.84%) Power BI
5 1 (0.84%) Redis
5 1 (0.84%) SQL Server Reporting Services
Development Applications
1 3 (2.52%) Git (software)
2 2 (1.68%) GitLab
2 2 (1.68%) webpack
3 1 (0.84%) Maven
3 1 (0.84%) TeamCity
General
1 43 (36.13%) Finance
2 36 (30.25%) Front Office
3 35 (29.41%) Banking
4 19 (15.97%) Social Skills
5 14 (11.76%) Advertising
6 10 (8.40%) Analytical Skills
7 9 (7.56%) Investment Banking
8 7 (5.88%) Financial Institution
9 6 (5.04%) Back Office
10 1 (0.84%) Presentation Skills
10 1 (0.84%) Retail
Job Titles
1 98 (82.35%) Developer
2 48 (40.34%) Java Developer
3 32 (26.89%) Electronic Trading Developer
4 28 (23.53%) Electronic Trading Java Developer
5 22 (18.49%) Senior Developer
6 20 (16.81%) Pricing Developer
6 20 (16.81%) Quantitative Developer
7 19 (15.97%) Java Pricing Developer
8 17 (14.29%) Analyst
9 15 (12.61%) Java Developer - Fintech
10 10 (8.40%) Business Analyst
10 10 (8.40%) C# Developer
10 10 (8.40%) Senior Java Developer
11 8 (6.72%) Lead Developer
12 7 (5.88%) Analyst Developer
12 7 (5.88%) C# Quant Developer
12 7 (5.88%) Qualitative Analyst
12 7 (5.88%) Quantitative Analyst
12 7 (5.88%) Quantitative Analyst Developer
13 6 (5.04%) KDB Developer
Libraries, Frameworks & Software Standards
1 13 (10.92%) Web Services
2 12 (10.08%) .NET
3 9 (7.56%) CSS
3 9 (7.56%) HTML
3 9 (7.56%) Redux
4 8 (6.72%) React
5 7 (5.88%) FIX Protocol
6 6 (5.04%) AngularJS
7 5 (4.20%) WebSockets
8 4 (3.36%) ASP.NET
8 4 (3.36%) JMS
8 4 (3.36%) Rendezvous
8 4 (3.36%) TIBCO EMS
9 3 (2.52%) .NET Core
9 3 (2.52%) ASP.NET MVC
9 3 (2.52%) REST
9 3 (2.52%) Spring
10 2 (1.68%) CSS3
10 2 (1.68%) HTML5
10 2 (1.68%) Sass
Miscellaneous
1 25 (21.01%) Fixed Income
2 14 (11.76%) Equities
2 14 (11.76%) Market Risk
3 13 (10.92%) Greenfield Project
4 10 (8.40%) Hedge funds
5 9 (7.56%) Algorithms
5 9 (7.56%) Exotic Derivative
6 8 (6.72%) Data Structures
7 7 (5.88%) Derivative
8 5 (4.20%) Credit Risk
8 5 (4.20%) User Experience
9 4 (3.36%) Analytical Mindset
10 1 (0.84%) Client/Server
10 1 (0.84%) Grid Computing
Operating Systems
1 14 (11.76%) Linux
2 6 (5.04%) Unix
Processes & Methodologies
1 54 (45.38%) Electronic Trading
2 32 (26.89%) Agile Software Development
3 27 (22.69%) Fintech
4 23 (19.33%) Low Latency
5 22 (18.49%) Multithreading
6 20 (16.81%) Risk Management
7 17 (14.29%) SDLC
8 14 (11.76%) Machine Learning
8 14 (11.76%) Mathematics
9 13 (10.92%) Artificial Intelligence
9 13 (10.92%) Problem-Solving
10 10 (8.40%) Physics
10 10 (8.40%) Stakeholder Management
11 9 (7.56%) Financial Modelling
11 9 (7.56%) Market Making
11 9 (7.56%) Model Validation
11 9 (7.56%) Multithreaded Programming
11 9 (7.56%) Requirements Gathering
11 9 (7.56%) Stochastic Calculus
11 9 (7.56%) Validation
Programming Languages
1 65 (54.62%) Java
2 29 (24.37%) Python
3 24 (20.17%) C#
4 18 (15.13%) SQL
5 17 (14.29%) C++
6 10 (8.40%) JavaScript
7 9 (7.56%) TypeScript
8 6 (5.04%) Bash Shell
9 1 (0.84%) C
9 1 (0.84%) R
Qualifications
1 14 (11.76%) Degree
2 13 (10.92%) Master's Degree
3 9 (7.56%) PhD
4 4 (3.36%) Computer Science Degree
Quality Assurance & Compliance
1 13 (10.92%) EMIR
1 13 (10.92%) MiFID
2 9 (7.56%) Dodd-Frank
3 1 (0.84%) PSD2
3 1 (0.84%) QA
System Software
1 8 (6.72%) Docker
Systems Management
1 7 (5.88%) Kubernetes
2 1 (0.84%) Kibana
2 1 (0.84%) Terraform
Vendors
1 4 (3.36%) Microsoft
1 4 (3.36%) TIBCO
2 2 (1.68%) Oracle