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 19 September 2014 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
19 Sep 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 60 39 39
Rank change year-on-year
-21 0
Contract jobs citing Foreign Exchange (FX) 186 329 343
As % of all contract IT jobs located in the City of London 3.16% 4.57% 4.42%
As % of the Miscellaneous category 9.13% 12.16% 11.67%
Number of daily rates quoted 148 271 260
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£615 £550 £575
Average daily rate % change year-on-year
+11.81% -4.34%
90% offered a daily rate of more than £450 £425 £425
10% offered a daily rate of more than £765 £675 £688
UK excluding London average daily rate £400 £450 £456
% change year-on-year
-11.11% -1.36%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £49.00 £25.00
% change year-on-year
- +96.00%
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
2038 2706 2940
As % of all contract IT jobs located in the City of London 34.62% 37.58% 37.88%
Number of daily rates quoted 1469 2000 2151
Average daily rate £450 £475 £475
Average daily rate % change year-on-year
-5.21% -
90% offered a daily rate of more than £295 £300 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 49 56 67
Average hourly rate £17.93 £19.50 £20.00
Average hourly rate % change year-on-year
-8.03% -2.50%
90% offered a hourly rate of more than £11.60 £14.50 £11.50
10% offered a hourly rate of more than £35.40 £48.00 £39.30
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -32.69%

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 19 September 2014.

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 19 September 2014, 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).

1 174 (44.16%) Front Office
2 168 (42.64%) Java
3 166 (42.13%) Banking
4 127 (32.23%) Finance
5 119 (30.20%) SQL
6 98 (24.87%) Investment Banking
7 95 (24.11%) Multithreading
8 90 (22.84%) Derivative
9 89 (22.59%) Agile Software Development
10 88 (22.34%) Low Latency
11 80 (20.30%) C++
12 70 (17.77%) Linux
12 70 (17.77%) E-Commerce
13 66 (16.75%) Fixed Income
14 62 (15.74%) Oracle
15 60 (15.23%) C#
16 57 (14.47%) Risk Management
17 52 (13.20%) UNIX
18 46 (11.68%) Algorithmic Trading
19 38 (9.64%) Degree
20 37 (9.39%) Python
21 35 (8.88%) HTML
22 34 (8.63%) JavaScript
23 33 (8.38%) Equities
24 32 (8.12%) Windows
25 31 (7.87%) Perl
25 31 (7.87%) Analytical Skills
26 28 (7.11%) HTML5
27 27 (6.85%) 29West
28 26 (6.60%) Performance Tuning

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

For the 6 months to 19 September 2014, 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 14 (3.55%) Oracle Coherence
2 9 (2.28%) WebSphere
3 6 (1.52%) WebLogic
4 5 (1.27%) Confluence
5 4 (1.02%) TIBCO EMS
5 4 (1.02%) Tomcat
6 3 (0.76%) Apache
7 2 (0.51%) Oracle Workflow
7 2 (0.51%) IIS
8 1 (0.25%) Oracle HTTP Server
Applications
1 6 (1.52%) Spreadsheet
2 4 (1.02%) MS Office
3 3 (0.76%) MS Excel
4 1 (0.25%) MS Project
4 1 (0.25%) MS Visio
4 1 (0.25%) Adobe Illustrator
4 1 (0.25%) MS PowerPoint
4 1 (0.25%) OmniGraffle
Business Applications
1 14 (3.55%) RMDS
2 5 (1.27%) Markit EDM
3 4 (1.02%) Oracle EBS
4 2 (0.51%) Bloomberg TOMS
4 2 (0.51%) Salerio
4 2 (0.51%) Summit
4 2 (0.51%) Murex MxG2000
5 1 (0.25%) Tesseract
5 1 (0.25%) Minerva
5 1 (0.25%) Sentinel
5 1 (0.25%) Global One
5 1 (0.25%) ION MarketView
Communications & Networking
1 17 (4.31%) TCP/IP
2 13 (3.30%) Multicast
3 8 (2.03%) Firewall
4 5 (1.27%) HTTP
5 4 (1.02%) NetScaler
6 2 (0.51%) DNS
7 1 (0.25%) Internet
7 1 (0.25%) SAN
7 1 (0.25%) LAN
7 1 (0.25%) WAN
7 1 (0.25%) NAS
7 1 (0.25%) FCoE
7 1 (0.25%) Fibre Channel
Database & Business Intelligence
1 25 (6.35%) Relational Database
2 16 (4.06%) SQL Server
3 14 (3.55%) KDB
4 11 (2.79%) Big Data
5 5 (1.27%) MongoDB
6 4 (1.02%) Hadoop
7 2 (0.51%) Oracle Database
7 2 (0.51%) Hazelcast
7 2 (0.51%) RDBMS
8 1 (0.25%) SAP BI
8 1 (0.25%) SAP BW
8 1 (0.25%) Data Mining
8 1 (0.25%) DB2
8 1 (0.25%) OLAP
8 1 (0.25%) Crystal Reports
8 1 (0.25%) ObjectStore
8 1 (0.25%) Data Warehouse
8 1 (0.25%) Oracle Reports
8 1 (0.25%) PostgreSQL
8 1 (0.25%) SQL Server 2008
Development Applications
1 20 (5.08%) TeamCity
2 11 (2.79%) Maven
2 11 (2.79%) JIRA
3 10 (2.54%) Grunt
3 10 (2.54%) Bower
3 10 (2.54%) WebDriver
4 9 (2.28%) Selenium
5 8 (2.03%) JUnit
6 6 (1.52%) Git (software)
6 6 (1.52%) FitNesse
6 6 (1.52%) QuickTest Pro
7 5 (1.27%) LoadRunner
7 5 (1.27%) JBehave
8 4 (1.02%) Cucumber
8 4 (1.02%) NUnit
9 3 (0.76%) Ant
9 3 (0.76%) Subversion
9 3 (0.76%) CruiseControl
10 2 (0.51%) Gradle
11 1 (0.25%) ClearQuest
General
1 174 (44.16%) Front Office
2 166 (42.13%) Banking
3 127 (32.23%) Finance
4 98 (24.87%) Investment Banking
5 21 (5.33%) Back Office
6 10 (2.54%) Retail
7 9 (2.28%) Financial Institution
8 3 (0.76%) Legal
8 3 (0.76%) Advertising
8 3 (0.76%) Marketing
9 2 (0.51%) Games
10 1 (0.25%) Telecoms
10 1 (0.25%) Retail Banking
10 1 (0.25%) Corporate Banking
10 1 (0.25%) French Language
10 1 (0.25%) German Language
10 1 (0.25%) Italian Language
Job Titles
1 200 (50.76%) Developer
2 78 (19.80%) Java Developer
3 76 (19.29%) Analyst
4 43 (10.91%) C++ Developer
5 41 (10.41%) Business Analyst
6 28 (7.11%) Senior Developer
7 26 (6.60%) Project Manager
8 20 (5.08%) Web Developer
9 18 (4.57%) Quantitative Developer
10 16 (4.06%) C# Developer
11 13 (3.30%) C++ Quantitative Developer
12 12 (3.05%) Support Analyst
13 11 (2.79%) Applications Support
13 11 (2.79%) Test Analyst
13 11 (2.79%) Front-End Developer
14 10 (2.54%) Front-End Web Developer
14 10 (2.54%) Senior Java Developer
15 9 (2.28%) Architect
15 9 (2.28%) Development Manager
16 8 (2.03%) Python Developer
Libraries, Frameworks & Software Standards
1 35 (8.88%) HTML
2 28 (7.11%) HTML5
3 25 (6.35%) FIX Protocol
4 24 (6.09%) .NET
4 24 (6.09%) CSS
5 18 (4.57%) XML
6 12 (3.05%) Boost C++ Libraries
6 12 (3.05%) WPF
6 12 (3.05%) STL
7 11 (2.79%) Middleware
7 11 (2.79%) JMS
7 11 (2.79%) Spring
7 11 (2.79%) AngularJS
8 10 (2.54%) Twitter Bootstrap
8 10 (2.54%) LESS
8 10 (2.54%) Apache Flex
8 10 (2.54%) Rendezvous
9 9 (2.28%) KnockoutJS
10 8 (2.03%) WCF
10 8 (2.03%) JMX
Miscellaneous
1 90 (22.84%) Derivative
2 66 (16.75%) Fixed Income
3 33 (8.38%) Equities
4 31 (7.87%) Analytical Skills
5 22 (5.58%) VWAP
5 22 (5.58%) TWAP
6 20 (5.08%) Computer Science
7 16 (4.06%) User Experience
8 13 (3.30%) Mathematics
9 12 (3.05%) Credit Risk
10 11 (2.79%) Field-Programmable Gate Array
11 9 (2.28%) Grid Computing
11 9 (2.28%) Market Risk
12 7 (1.78%) Interest Rate Derivative
12 7 (1.78%) Equity Derivative
13 6 (1.52%) Reference Data
14 4 (1.02%) Hedge funds
14 4 (1.02%) Physics
15 3 (0.76%) N-Tier
15 3 (0.76%) Credit Derivative
Operating Systems
1 70 (17.77%) Linux
2 52 (13.20%) UNIX
3 32 (8.12%) Windows
4 10 (2.54%) Solaris
5 4 (1.02%) Red Hat Enterprise Linux
6 1 (0.25%) Windows XP
Processes & Methodologies
1 95 (24.11%) Multithreading
2 89 (22.59%) Agile Software Development
3 88 (22.34%) Low Latency
4 70 (17.77%) E-Commerce
5 57 (14.47%) Risk Management
6 46 (11.68%) Algorithmic Trading
7 26 (6.60%) Performance Tuning
8 25 (6.35%) Business Analysis
9 22 (5.58%) Software Engineering
10 21 (5.33%) Electronic Trading
11 20 (5.08%) TDD
11 20 (5.08%) OO
12 19 (4.82%) Analytics
13 17 (4.31%) Project Management
14 16 (4.06%) Validation
14 16 (4.06%) Scrum
15 14 (3.55%) BDD
16 12 (3.05%) Stakeholder Management
17 10 (2.54%) Kanban
17 10 (2.54%) Migration
Programming Languages
1 168 (42.64%) Java
2 119 (30.20%) SQL
3 80 (20.30%) C++
4 60 (15.23%) C#
5 37 (9.39%) Python
6 34 (8.63%) JavaScript
7 31 (7.87%) Perl
8 12 (3.05%) Shell Script
9 5 (1.27%) VBA
9 5 (1.27%) Bash Shell
10 4 (1.02%) Korn
10 4 (1.02%) PL/SQL
10 4 (1.02%) C
11 2 (0.51%) TypeScript
11 2 (0.51%) C-shell
11 2 (0.51%) Scala
11 2 (0.51%) AWK
11 2 (0.51%) VB.NET
12 1 (0.25%) Haskell
12 1 (0.25%) XPath
Qualifications
1 38 (9.64%) Degree
2 7 (1.78%) PhD
3 4 (1.02%) ISEB
4 2 (0.51%) ISTQB
5 1 (0.25%) HNC
5 1 (0.25%) HND
Quality Assurance & Compliance
1 14 (3.55%) QA
2 13 (3.30%) EMIR
3 10 (2.54%) Dodd-Frank
4 3 (0.76%) MiFID
5 2 (0.51%) Data Quality
5 2 (0.51%) Basel III
5 2 (0.51%) Basel II
6 1 (0.25%) Sarbanes-Oxley
6 1 (0.25%) SLA
6 1 (0.25%) ISO 9001
6 1 (0.25%) COREP
6 1 (0.25%) FINREP
System Software
1 5 (1.27%) Oracle RAC
2 1 (0.25%) NFS
2 1 (0.25%) SRDF
Systems Management
1 7 (1.78%) ITRS Geneos
2 5 (1.27%) Nagios
3 4 (1.02%) HP Quality Center
3 4 (1.02%) Tivoli
3 4 (1.02%) BMC PATROL
3 4 (1.02%) Control-M
4 1 (0.25%) ServiceCenter
4 1 (0.25%) Puppet
4 1 (0.25%) Salt
4 1 (0.25%) Opscode Chef
Vendors
1 62 (15.74%) Oracle
2 27 (6.85%) 29West
3 21 (5.33%) Sybase
3 21 (5.33%) TIBCO
4 18 (4.57%) Murex
5 12 (3.05%) Adobe
6 6 (1.52%) Bloomberg
7 5 (1.27%) Microsoft
7 5 (1.27%) DataSynapse
8 4 (1.02%) Red Hat
8 4 (1.02%) Reuters
8 4 (1.02%) Remedy
8 4 (1.02%) Charles River
9 3 (0.76%) HP
9 3 (0.76%) ION Trading
9 3 (0.76%) Fiserv
10 2 (0.51%) Splunk
10 2 (0.51%) Tradeweb
10 2 (0.51%) JBoss
10 2 (0.51%) Business Objects
City, London
McGregor Boyall
Rate: £500 - £625 per day
Posted: 2 days ago
City, London
Montash
Rate: £600 - £800 per day
Posted: 2 days ago
City, London
Stott & May
Rate: From £500 to £600 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 3 days ago
City of London
Huxley Associates
Rate: £550 - £600 per day + competitive
Posted: 3 days ago
City, London
TEKsystems
Rate: £575 - £675 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £450 - £500 per day
Posted: 4 days ago
City, London
Deerfoot IT Resources Ltd
Posted: 4 days ago
City, London
TEKsystems
Rate: £45000 - £55000 per annum
Posted: 5 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 5 days ago
City, London
Harrington Starr
Rate: £500 per day
Posted: 5 days ago
City of London
Real Staffing
Rate: £350 - £375 per day + competitive
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 6 days ago
City of London
Real Staffing
Rate: £350 - £400 per day + competitive
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 6 days ago
City of London
Huxley Associates
Rate: £600 - £650 per day + competitive
Posted: 9 days ago
City of London
Real Staffing
Rate: £300 - £350 per day + competitive
Posted: 10 days ago
City of London
Huxley Associates
Rate: £550 - £650 per day
Posted: 11 days ago