The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 28 August 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
28 Aug 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 69 62 39
Rank change year-on-year
-7 -23
Contract jobs citing Foreign Exchange (FX) 164 177 343
As % of all contract IT jobs located in the City of London 3.05% 3.04% 4.74%
As % of the Miscellaneous category 8.02% 8.42% 12.26%
Number of daily rates quoted 140 143 281
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £625 £550
Average daily rate % change year-on-year
-4.00% +13.63%
90% offered a daily rate of more than £425 £475 £425
10% offered a daily rate of more than £725 £725 £675
UK excluding London average daily rate £538 £400 £450
% change year-on-year
+34.37% -11.11%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £49.00
Foreign Exchange (FX)
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2046 2102 2798
As % of all contract IT jobs located in the City of London 38.07% 36.15% 38.63%
Number of daily rates quoted 1613 1478 2063
Average daily rate £475 £475 £500
Average daily rate % change year-on-year
- -5.00%
90% offered a daily rate of more than £298 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 38 45 64
Average hourly rate £21.00 £19.00 £19.50
Average hourly rate % change year-on-year
+10.52% -2.56%
90% offered a hourly rate of more than £12.85 £12.50 £14.50
10% offered a hourly rate of more than £39.05 £36.50 £48.00
UK excluding London average hourly rate £21.53 £20.00 £17.50
% change year-on-year
+7.62% +14.28%

Foreign Exchange (FX)
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the City of London region as a proportion of the total demand within the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in the City of London

Foreign Exchange (FX)
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the City of London region.

Foreign Exchange (FX) Daily Rate Trend in the City of London

Foreign Exchange (FX)
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) across the City of London region over the 3 months to 28 August 2015.

Foreign Exchange (FX) Daily Rate Histogram in the City of London

Foreign Exchange (FX)
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Foreign Exchange (FX) across the City of London region.

Foreign Exchange (FX) Hourly Rate Trend in the City of London

Foreign Exchange (FX)
Top 30 Related IT Skills in the City of London

For the 6 months to 28 August 2015, IT contractor jobs across the City of London region citing Foreign Exchange (FX) also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX).

1 113 (40.79%) Finance
1 113 (40.79%) Banking
2 111 (40.07%) Front Office
3 79 (28.52%) Low Latency
4 73 (26.35%) Java
4 73 (26.35%) SQL
5 72 (25.99%) Multithreading
6 71 (25.63%) Investment Banking
7 70 (25.27%) Agile Software Development
8 65 (23.47%) C++
9 62 (22.38%) C#
10 58 (20.94%) Derivative
11 43 (15.52%) Fixed Income
11 43 (15.52%) Equities
11 43 (15.52%) E-Commerce
12 40 (14.44%) Linux
13 39 (14.08%) Risk Management
14 33 (11.91%) Oracle
15 29 (10.47%) Algorithmic Trading
15 29 (10.47%) WPF
16 26 (9.39%) TDD
16 26 (9.39%) UNIX
17 24 (8.66%) .NET
18 23 (8.30%) Windows
18 23 (8.30%) FIX Protocol
19 20 (7.22%) HTML
20 19 (6.86%) Analytical Skills
21 17 (6.14%) TIBCO
21 17 (6.14%) Algorithms
22 16 (5.78%) Reactive Extensions

Foreign Exchange (FX)
Top Related IT Skills in the City of London by Category

For the 6 months to 28 August 2015, IT contractor jobs across the City of London region citing Foreign Exchange (FX) also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX). Up to 20 skills are shown per category.

Application Platforms
1 6 (2.17%) Tomcat
2 4 (1.44%) Oracle Coherence
3 3 (1.08%) SharePoint 2010
3 3 (1.08%) SharePoint
3 3 (1.08%) Oracle HTTP Server
3 3 (1.08%) IIS
3 3 (1.08%) Apache
3 3 (1.08%) WebSphere
4 1 (0.36%) WebLogic
4 1 (0.36%) Oracle Workflow
4 1 (0.36%) Apache Spark
4 1 (0.36%) Confluence
Applications
1 1 (0.36%) MS Office
1 1 (0.36%) MS Excel
1 1 (0.36%) MS PowerPoint
Business Applications
1 4 (1.44%) RMDS
2 3 (1.08%) SAP FI
2 3 (1.08%) Global One
2 3 (1.08%) Maximo
3 1 (0.36%) Summit
3 1 (0.36%) Adaptiv
3 1 (0.36%) Kondor+
3 1 (0.36%) Markit EDM
3 1 (0.36%) MetaTrader
3 1 (0.36%) ACBS
Cloud Services
1 2 (0.72%) SaaS
1 2 (0.72%) PaaS
1 2 (0.72%) IaaS
2 1 (0.36%) Cloud Computing
2 1 (0.36%) Microsoft Azure
Communications & Networking
1 7 (2.53%) Multicast
2 5 (1.81%) Firewall
3 4 (1.44%) HTTP
4 2 (0.72%) LAN
4 2 (0.72%) WAN
4 2 (0.72%) iSCSI
4 2 (0.72%) NAS
4 2 (0.72%) FCoE
4 2 (0.72%) Fibre Channel
4 2 (0.72%) SAN
5 1 (0.36%) TCP/IP
Database & Business Intelligence
1 14 (5.05%) SQL Server
2 10 (3.61%) KDB
3 9 (3.25%) Big Data
4 8 (2.89%) Data Warehouse
5 7 (2.53%) Hadoop
6 6 (2.17%) Relational Database
6 6 (2.17%) SQL Server Reporting Services
6 6 (2.17%) SQL Server Integration Services
7 5 (1.81%) BusinessObjects
7 5 (1.81%) HBase
8 4 (1.44%) Oracle Database
8 4 (1.44%) SQL Server Analysis Services
9 3 (1.08%) RDBMS
9 3 (1.08%) OLAP
9 3 (1.08%) Apache Hive
9 3 (1.08%) Impala
10 2 (0.72%) Oracle Reports
10 2 (0.72%) SQL Server 2008
11 1 (0.36%) QlikView
11 1 (0.36%) BusinessObjects XI
Development Applications
1 13 (4.69%) JIRA
2 5 (1.81%) NUnit
2 5 (1.81%) TeamCity
3 4 (1.44%) FitNesse
4 3 (1.08%) Selenium
4 3 (1.08%) Moq
5 2 (0.72%) Cucumber
5 2 (0.72%) SpecFlow
5 2 (0.72%) Git (software)
5 2 (0.72%) Team Foundation Server
5 2 (0.72%) Rhino Mocks
5 2 (0.72%) Subversion
5 2 (0.72%) Maven
5 2 (0.72%) Visual Studio
6 1 (0.36%) Eclipse
6 1 (0.36%) HP UFT
6 1 (0.36%) ProC
6 1 (0.36%) ReSharper
6 1 (0.36%) EasyMock
6 1 (0.36%) JUnit
General
1 113 (40.79%) Finance
1 113 (40.79%) Banking
2 111 (40.07%) Front Office
3 71 (25.63%) Investment Banking
4 14 (5.05%) Back Office
5 8 (2.89%) Financial Institution
6 6 (2.17%) Retail
7 4 (1.44%) Legal
7 4 (1.44%) Advertising
7 4 (1.44%) Spanish Language
8 3 (1.08%) Turkish Language
8 3 (1.08%) Retail Banking
8 3 (1.08%) Corporate Banking
8 3 (1.08%) Telecoms
9 2 (0.72%) German Language
9 2 (0.72%) Italian Language
9 2 (0.72%) Polish Language
10 1 (0.36%) Private Banking
10 1 (0.36%) Wholesale Banking
10 1 (0.36%) Games
Job Titles
1 159 (57.40%) Developer
2 76 (27.44%) Analyst
3 55 (19.86%) C++ Developer
4 51 (18.41%) Java Developer
5 40 (14.44%) Business Analyst
6 39 (14.08%) Senior Developer
7 31 (11.19%) C# Developer
8 18 (6.50%) Senior C# Developer
9 14 (5.05%) Support Analyst
10 12 (4.33%) Project Manager
10 12 (4.33%) Senior Java Developer
11 10 (3.61%) C++/C# Developer
12 9 (3.25%) WPF Developer
12 9 (3.25%) Data Analyst
13 8 (2.89%) Applications Support
13 8 (2.89%) Java Swing Developer
14 7 (2.53%) Analyst Developer
14 7 (2.53%) Architect
14 7 (2.53%) Test Analyst
14 7 (2.53%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 29 (10.47%) WPF
2 24 (8.66%) .NET
3 23 (8.30%) FIX Protocol
4 20 (7.22%) HTML
5 16 (5.78%) Reactive Extensions
6 15 (5.42%) Boost C++ Libraries
7 14 (5.05%) STL
7 14 (5.05%) XML
7 14 (5.05%) Swing
8 12 (4.33%) HTML5
9 9 (3.25%) WCF
9 9 (3.25%) Rendezvous
9 9 (3.25%) Middleware
9 9 (3.25%) FpML
10 8 (2.89%) JDBC
11 7 (2.53%) Web Services
11 7 (2.53%) Spring
12 6 (2.17%) JMS
13 5 (1.81%) CSS
13 5 (1.81%) WinForms
Miscellaneous
1 58 (20.94%) Derivative
2 43 (15.52%) Fixed Income
2 43 (15.52%) Equities
3 19 (6.86%) Analytical Skills
4 17 (6.14%) Algorithms
5 10 (3.61%) Credit Derivative
6 9 (3.25%) Mathematics
6 9 (3.25%) Data Structures
7 7 (2.53%) Market Risk
7 7 (2.53%) Physics
8 6 (2.17%) User Experience
9 5 (1.81%) Credit Risk
10 4 (1.44%) SWIFT
10 4 (1.44%) Computer Science
10 4 (1.44%) Client/Server
10 4 (1.44%) Management Information System
11 3 (1.08%) Grid Computing
11 3 (1.08%) Interest Rate Derivative
11 3 (1.08%) Reference Data
12 2 (0.72%) Contract for Difference
Operating Systems
1 40 (14.44%) Linux
2 26 (9.39%) UNIX
3 23 (8.30%) Windows
4 3 (1.08%) Solaris
5 2 (0.72%) Windows Server 2003
5 2 (0.72%) Windows Server 2008
6 1 (0.36%) Red Hat Enterprise Linux
6 1 (0.36%) VMS
Processes & Methodologies
1 79 (28.52%) Low Latency
2 72 (25.99%) Multithreading
3 70 (25.27%) Agile Software Development
4 43 (15.52%) E-Commerce
5 39 (14.08%) Risk Management
6 29 (10.47%) Algorithmic Trading
7 26 (9.39%) TDD
8 16 (5.78%) Business Analysis
9 15 (5.42%) Project Management
9 15 (5.42%) MVVM
9 15 (5.42%) SDLC
10 13 (4.69%) FX Algorithmic Trading
10 13 (4.69%) Market Making
10 13 (4.69%) OO
11 11 (3.97%) Asset Management
11 11 (3.97%) Migration
11 11 (3.97%) Stakeholder Management
11 11 (3.97%) User Acceptance Testing
11 11 (3.97%) Electronic Trading
12 9 (3.25%) Scrum
Programming Languages
1 73 (26.35%) Java
1 73 (26.35%) SQL
2 65 (23.47%) C++
3 62 (22.38%) C#
4 15 (5.42%) JavaScript
5 9 (3.25%) Perl
6 8 (2.89%) Python
6 8 (2.89%) VBA
7 6 (2.17%) T-SQL
8 5 (1.81%) Shell Script
9 4 (1.44%) C
9 4 (1.44%) PL/SQL
9 4 (1.44%) Bash Shell
10 2 (0.72%) VC++
10 2 (0.72%) Scala
10 2 (0.72%) VB.NET
11 1 (0.36%) XAML
11 1 (0.36%) AWK
11 1 (0.36%) PowerShell
11 1 (0.36%) VBScript
Qualifications
1 14 (5.05%) Degree
2 7 (2.53%) PhD
3 4 (1.44%) ISEB
4 2 (0.72%) CISSP
4 2 (0.72%) CISA
4 2 (0.72%) CISM
4 2 (0.72%) ISTQB Foundation Certification
5 1 (0.36%) ISTQB
5 1 (0.36%) IIBA
5 1 (0.36%) CBAP
5 1 (0.36%) PMP
5 1 (0.36%) PMI Certification
Quality Assurance & Compliance
1 14 (5.05%) QA
2 6 (2.17%) Dodd-Frank
3 5 (1.81%) EMIR
4 4 (1.44%) MiFID
5 2 (0.72%) ISO 9001
5 2 (0.72%) Basel III
5 2 (0.72%) Data Quality
6 1 (0.36%) AIFMD
System Software
1 3 (1.08%) Oracle RAC
1 3 (1.08%) Apache Flume
1 3 (1.08%) HDFS
2 2 (0.72%) GridGain
2 2 (0.72%) KVM
2 2 (0.72%) NFS
2 2 (0.72%) Xen
2 2 (0.72%) VMware Infrastructure
2 2 (0.72%) Hyper-V
2 2 (0.72%) SRDF
Systems Management
1 8 (2.89%) Control-M
2 6 (2.17%) HP Quality Center
3 4 (1.44%) ITRS Geneos
4 3 (1.08%) Oozie
5 1 (0.36%) SCOM
5 1 (0.36%) MOM
Vendors
1 33 (11.91%) Oracle
2 17 (6.14%) TIBCO
3 9 (3.25%) Murex
4 8 (2.89%) Sybase
5 6 (2.17%) HP
5 6 (2.17%) Microsoft
6 5 (1.81%) Remedy
7 4 (1.44%) DataSynapse
7 4 (1.44%) DevExpress
7 4 (1.44%) Tableau
7 4 (1.44%) Talarian
8 3 (1.08%) IBM
8 3 (1.08%) Alteryx
8 3 (1.08%) Intel
8 3 (1.08%) Adobe
8 3 (1.08%) SAP
9 2 (0.72%) Cisco
9 2 (0.72%) EMC
9 2 (0.72%) MicroStrategy
9 2 (0.72%) NetApp
City, London
Michael Bailey Associates
Rate: Market Rates
Posted: 18 hours ago
City, London
JM
Rate: £750 per day
Posted: 2 days ago
City, London
Intech 7
Rate: excellent day rate. contract - perm role
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £400.00 - £500.00 per annum
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 5 days ago
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Deerfoot IT
Rate: £450 per day
Posted: 7 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per annum
Posted: 8 days ago
City of London
Hays IT - Uk Posting account
Rate: £300.00 - £350.00 per annum
Posted: 8 days ago
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Huxley Banking & Financial Services
Rate: £500 - £550 per day
Posted: 16 days ago
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Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
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Rate: £500 - £550 per day
Posted: 24 days ago
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Rate: £500.00 - £600.00 per day
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