Period
to

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 24 May 2022 with a comparison to the same period over the previous 2 years.

Foreign Exchange (FX)
Central London > City of London
6 months to
24 May 2022
Same period 2021 Same period 2020
Rank 158 120 121
Rank change year-on-year -38 +1 +55
Permanent jobs citing Foreign Exchange (FX) 123 113 160
As % of all permanent jobs advertised in the City of London 1.67% 2.26% 2.28%
As % of the Miscellaneous category 4.26% 5.94% 5.83%
Number of salaries quoted 112 104 153
10th Percentile £67,500 £67,500 £57,500
25th Percentile £78,750 £78,750 £62,500
Median annual salary (50th Percentile) £90,000 £100,000 £85,000
Median % change year-on-year -10.00% +17.65% +7.59%
75th Percentile £108,750 £122,500 £120,000
90th Percentile £117,500 £131,750 £155,000
Central London median annual salary £90,000 £100,000 £85,000
% change year-on-year -10.00% +17.65% +9.68%

Foreign Exchange (FX) is in the General and Transferable 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 Skills
City of London
Permanent vacancies with a requirement for generic IT skills 2,887 1,901 2,743
As % of all permanent IT jobs advertised in the City of London 39.12% 38.04% 39.05%
Number of salaries quoted 2,222 1,685 2,420
10th Percentile £47,500 £43,750 £41,475
25th Percentile £57,500 £57,500 £52,500
Median annual salary (50th Percentile) £75,000 £75,000 £70,000
Median % change year-on-year - +7.14% +3.70%
75th Percentile £97,500 £95,000 £88,750
90th Percentile £115,000 £112,500 £110,000
Central London median annual salary £75,000 £75,000 £70,000
% change year-on-year - +7.14% +7.69%

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 24 May 2022.

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

Foreign Exchange (FX)
Job Locations in the City of London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Foreign Exchange (FX) within the City of London region over the 6 months to 24 May 2022. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
London Bridge - 1 £90,000 -
Foreign Exchange (FX)
Central London

For the 6 months to 24 May 2022, 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 57 (46.34%) Java
2 51 (41.46%) Finance
3 43 (34.96%) Front Office
4 38 (30.89%) SQL
5 33 (26.83%) Equities
5 33 (26.83%) React
6 32 (26.02%) Banking
7 31 (25.20%) JavaScript
7 31 (25.20%) Low Latency
7 31 (25.20%) Performance Tuning
8 30 (24.39%) Risk Management
8 30 (24.39%) Advertising
9 29 (23.58%) JUnit
9 29 (23.58%) Docker
10 28 (22.76%) Microservices
11 27 (21.95%) HTML5
11 27 (21.95%) HTML
11 27 (21.95%) High-Frequency Trading
12 26 (21.14%) Python
13 25 (20.33%) Degree
14 24 (19.51%) JIRA
14 24 (19.51%) Agile
14 24 (19.51%) Git (software)
15 20 (16.26%) Multithreading
15 20 (16.26%) Electronic Trading
15 20 (16.26%) Social Skills
16 19 (15.45%) QA
16 19 (15.45%) Market Risk
16 19 (15.45%) Derivative
16 19 (15.45%) Web Services

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 12 (9.76%) Jetty
2 5 (4.07%) Confluence
3 4 (3.25%) Elasticsearch
4 2 (1.63%) NServiceBus
5 1 (0.81%) Tomcat
Applications
1 1 (0.81%) Microsoft Excel
Business Applications
1 1 (0.81%) Distributed Ledger
1 1 (0.81%) FINCAD Analytics
Cloud Services
1 15 (12.20%) Azure
2 5 (4.07%) Power Platform
3 3 (2.44%) SaaS
4 2 (1.63%) Azure Service Bus
4 2 (1.63%) GCP
5 1 (0.81%) AWS
5 1 (0.81%) Azure Pipelines
5 1 (0.81%) OpenShift
Communications & Networking
1 1 (0.81%) HTTP
1 1 (0.81%) Internet
Database & Business Intelligence
1 16 (13.01%) SQL Server
2 12 (9.76%) KDB
3 11 (8.94%) SQL Server Reporting Services
4 7 (5.69%) SQL Server Integration Services
4 7 (5.69%) SSDT
5 5 (4.07%) Power BI
6 4 (3.25%) Crystal Reports
6 4 (3.25%) Oracle Exadata
6 4 (3.25%) Oracle Reports
6 4 (3.25%) Tableau
7 2 (1.63%) MongoDB
7 2 (1.63%) Oracle Database
8 1 (0.81%) MySQL
8 1 (0.81%) NoSQL
8 1 (0.81%) Redis
8 1 (0.81%) Relational Database
Development Applications
1 29 (23.58%) JUnit
2 24 (19.51%) Git (software)
2 24 (19.51%) JIRA
3 13 (10.57%) Cucumber
4 12 (9.76%) Ant
4 12 (9.76%) Apache Ivy
4 12 (9.76%) Bitbucket
4 12 (9.76%) Concordion
4 12 (9.76%) Gradle
4 12 (9.76%) Maven
4 12 (9.76%) Mockito
5 10 (8.13%) webpack
6 7 (5.69%) Team Foundation Server
6 7 (5.69%) Visual Studio
6 7 (5.69%) Visual Studio Team System
7 2 (1.63%) GitLab
7 2 (1.63%) Jenkins
8 1 (0.81%) MSTest
8 1 (0.81%) TestNG
8 1 (0.81%) WebDriver
General
1 51 (41.46%) Finance
2 43 (34.96%) Front Office
3 32 (26.02%) Banking
4 30 (24.39%) Advertising
5 20 (16.26%) Social Skills
6 16 (13.01%) Investment Banking
7 11 (8.94%) Analytical Skills
8 5 (4.07%) Financial Institution
9 2 (1.63%) Back Office
9 2 (1.63%) Legal
9 2 (1.63%) Marketing
10 1 (0.81%) Retail
Job Titles
1 81 (65.85%) Developer
2 42 (34.15%) Java Developer
3 19 (15.45%) Analyst
3 19 (15.45%) Senior Developer
4 18 (14.63%) Senior Java Developer
5 14 (11.38%) React Developer
6 13 (10.57%) Python Developer
7 12 (9.76%) Full Stack Developer
7 12 (9.76%) Quantitative Developer
8 9 (7.32%) Front End Developer (Client-Side Developer)
9 6 (4.88%) C++ Developer
9 6 (4.88%) C++ Quantitative Developer
9 6 (4.88%) Electronic Trading Developer
9 6 (4.88%) SQL Analyst
10 5 (4.07%) Analyst Developer
10 5 (4.07%) Applications Support
10 5 (4.07%) Business Analyst
10 5 (4.07%) Murex Support
11 4 (3.25%) C# Developer
11 4 (3.25%) Senior Manager
Libraries, Frameworks & Software Standards
1 33 (26.83%) React
2 27 (21.95%) HTML
2 27 (21.95%) HTML5
3 19 (15.45%) Web Services
3 19 (15.45%) XML
4 16 (13.01%) FIX Protocol
4 16 (13.01%) Swing
5 15 (12.20%) Redux
6 14 (11.38%) REST
7 13 (10.57%) JSON
8 12 (9.76%) JAX-RS
8 12 (9.76%) JDBC
8 12 (9.76%) JMS
8 12 (9.76%) JPA
8 12 (9.76%) Swagger
9 10 (8.13%) Node.js
9 10 (8.13%) OpenFin
10 9 (7.32%) LESS
10 9 (7.32%) Sass
11 7 (5.69%) XSLT
Miscellaneous
1 33 (26.83%) Equities
2 19 (15.45%) Derivative
2 19 (15.45%) Market Risk
3 17 (13.82%) Greenfield Project
4 16 (13.01%) Exotic Derivative
5 15 (12.20%) Fixed Income
6 5 (4.07%) Interest Rate Derivative
7 4 (3.25%) Credit Risk
8 3 (2.44%) Hedge funds
8 3 (2.44%) User Experience
9 2 (1.63%) Client/Server
9 2 (1.63%) Data Centre
9 2 (1.63%) Legacy Systems
10 1 (0.81%) Algorithms
10 1 (0.81%) Blockchain
10 1 (0.81%) Credit Derivative
10 1 (0.81%) Data Structures
10 1 (0.81%) Virtual Team
Operating Systems
1 3 (2.44%) Linux
2 2 (1.63%) Unix
3 1 (0.81%) Windows
Processes & Methodologies
1 31 (25.20%) Low Latency
1 31 (25.20%) Performance Tuning
2 30 (24.39%) Risk Management
3 28 (22.76%) Microservices
4 27 (21.95%) High-Frequency Trading
5 24 (19.51%) Agile
6 20 (16.26%) Electronic Trading
6 20 (16.26%) Multithreading
7 17 (13.82%) Mathematics
7 17 (13.82%) TDD
8 16 (13.01%) DevOps
8 16 (13.01%) Fintech
8 16 (13.01%) Multithreaded Programming
8 16 (13.01%) Scrum
8 16 (13.01%) Unit Testing
8 16 (13.01%) Validation
9 15 (12.20%) Financial Modelling
9 15 (12.20%) Model Validation
9 15 (12.20%) Problem-Solving
9 15 (12.20%) Stochastic Calculus
Programming Languages
1 57 (46.34%) Java
2 38 (30.89%) SQL
3 31 (25.20%) JavaScript
4 26 (21.14%) Python
5 15 (12.20%) C#
6 13 (10.57%) C++
7 10 (8.13%) ES6
8 7 (5.69%) T-SQL
8 7 (5.69%) XPath
9 6 (4.88%) TypeScript
9 6 (4.88%) VBA
10 3 (2.44%) MATLAB
10 3 (2.44%) R
11 1 (0.81%) Go
11 1 (0.81%) Kotlin
Qualifications
1 25 (20.33%) Degree
2 16 (13.01%) PhD
3 15 (12.20%) Master's Degree
4 8 (6.50%) Computer Science Degree
5 1 (0.81%) ISTQB
Quality Assurance & Compliance
1 19 (15.45%) QA
2 13 (10.57%) Dodd-Frank
2 13 (10.57%) EMIR
2 13 (10.57%) MiFID
3 5 (4.07%) SLA
System Software
1 29 (23.58%) Docker
Systems Management
1 13 (10.57%) Kubernetes
2 1 (0.81%) Grafana
2 1 (0.81%) Terraform
Vendors
1 12 (9.76%) Bloomberg
2 9 (7.32%) Oracle
3 8 (6.50%) Microsoft
4 7 (5.69%) MarketAxess
4 7 (5.69%) Tradeweb
5 5 (4.07%) Murex
6 4 (3.25%) Charles River
7 1 (0.81%) Google