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 14 February 2016 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
14 Feb 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 33 64 44
Rank change year-on-year
+31 -20
Contract jobs citing Foreign Exchange (FX) 153 160 236
As % of all contract IT jobs located in the City of London 4.87% 3.15% 4.05%
As % of the Miscellaneous category 12.21% 8.14% 10.36%
Number of daily rates quoted 119 146 196
Average daily rate £600 £594 £600
Average daily rate % change year-on-year
+1.05% -1.04%
90% offered a daily rate of more than £450 £428 £475
10% offered a daily rate of more than £725 £700 £713
UK excluding London average daily rate £400 £420 £419
% change year-on-year
-4.76% +0.29%
Number of hourly rates quoted 1 0 4
Average hourly rate £47.50 - £32.50
UK excluding London average hourly rate - - £47.00
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
1253 1965 2277
As % of all contract IT jobs located in the City of London 39.88% 38.70% 39.04%
Number of daily rates quoted 963 1544 1645
Average daily rate £500 £450 £500
Average daily rate % change year-on-year
+11.11% -10.00%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 29 30 39
Average hourly rate £19.99 £17.87 £22.44
Average hourly rate % change year-on-year
+11.89% -20.37%
90% offered a hourly rate of more than £12.00 £13.25 £16.05
10% offered a hourly rate of more than £35.60 £27.37 £42.50
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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 14 February 2016.

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 14 February 2016, 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).

1 133 (49.63%) Front Office
2 116 (43.28%) Banking
3 106 (39.55%) Finance
4 90 (33.58%) Java
5 87 (32.46%) Derivative
6 74 (27.61%) Investment Banking
7 68 (25.37%) SQL
8 63 (23.51%) Equities
9 61 (22.76%) Fixed Income
10 58 (21.64%) Linux
11 53 (19.78%) Unix
12 50 (18.66%) Oracle
13 49 (18.28%) Multithreading
14 45 (16.79%) Low Latency
15 36 (13.43%) C++
16 31 (11.57%) Spring
16 31 (11.57%) Algorithmic Trading
16 31 (11.57%) FIX Protocol
17 30 (11.19%) Murex
18 29 (10.82%) C#
19 27 (10.07%) Sybase
19 27 (10.07%) DataSynapse
20 26 (9.70%) Agile Software Development
20 26 (9.70%) TDD
20 26 (9.70%) Degree
21 24 (8.96%) JIRA
21 24 (8.96%) E-Commerce
22 23 (8.58%) Migration
23 22 (8.21%) SQL Server
24 21 (7.84%) Perl

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

For the 6 months to 14 February 2016, 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 21 (7.84%) Oracle Coherence
2 6 (2.24%) Tomcat
3 5 (1.87%) Mule
3 5 (1.87%) SharePoint
3 5 (1.87%) SharePoint 2010
3 5 (1.87%) WebLogic
4 2 (0.75%) Apache Spark
5 1 (0.37%) Apache
5 1 (0.37%) IIS
5 1 (0.37%) JBoss
5 1 (0.37%) MS Exchange
Applications
1 3 (1.12%) MS PowerPoint
2 2 (0.75%) MS Excel
2 2 (0.75%) MS Visio
3 1 (0.37%) MS Office
Business Applications
1 8 (2.99%) Markit EDM
2 5 (1.87%) SAP FI
3 4 (1.49%) Front Arena
4 3 (1.12%) Maximo
4 3 (1.12%) Oracle EBS
4 3 (1.12%) Oracle ERP
4 3 (1.12%) Oracle Payables
5 2 (0.75%) MetaTrader
6 1 (0.37%) Kondor
6 1 (0.37%) Loan IQ
6 1 (0.37%) SimCorp Dimension
6 1 (0.37%) Summit
6 1 (0.37%) SunGard Martini
6 1 (0.37%) Temenos T24
Cloud Services
1 2 (0.75%) Cloud Computing
1 2 (0.75%) Microsoft Azure
2 1 (0.37%) Office 365
Communications & Networking
1 6 (2.24%) Firewall
2 4 (1.49%) TCP/IP
3 1 (0.37%) DHCP
3 1 (0.37%) DNS
3 1 (0.37%) SAN
Database & Business Intelligence
1 22 (8.21%) SQL Server
2 11 (4.10%) KDB
3 5 (1.87%) Big Data
3 5 (1.87%) Relational Database
4 4 (1.49%) Data Warehouse
5 3 (1.12%) Data Mart
5 3 (1.12%) Hadoop
5 3 (1.12%) Microsoft Analysis Services
5 3 (1.12%) SQL Server Analysis Services
5 3 (1.12%) SQL Server Integration Services
5 3 (1.12%) SQL Server Reporting Services
6 2 (0.75%) Oracle Database
7 1 (0.37%) BusinessObjects
7 1 (0.37%) MongoDB
7 1 (0.37%) MySQL
7 1 (0.37%) NoSQL
Development Applications
1 24 (8.96%) JIRA
2 10 (3.73%) Jenkins
2 10 (3.73%) Subversion
3 9 (3.36%) Selenium
4 8 (2.99%) ClearCase
4 8 (2.99%) ClearQuest
4 8 (2.99%) Maven
5 7 (2.61%) JUnit
6 6 (2.24%) Git (software)
7 5 (1.87%) Cucumber
7 5 (1.87%) EasyMock
7 5 (1.87%) Mockito
8 2 (0.75%) TeamCity
9 1 (0.37%) Emacs
9 1 (0.37%) HP UFT
9 1 (0.37%) Moq
9 1 (0.37%) NUnit
9 1 (0.37%) Team Foundation Server
9 1 (0.37%) WebDriver
General
1 133 (49.63%) Front Office
2 116 (43.28%) Banking
3 106 (39.55%) Finance
4 74 (27.61%) Investment Banking
5 12 (4.48%) Back Office
6 11 (4.10%) Financial Institution
7 5 (1.87%) Retail
7 5 (1.87%) Spanish Language
7 5 (1.87%) Telecoms
8 3 (1.12%) Billing
8 3 (1.12%) Legal
8 3 (1.12%) Turkish Language
9 2 (0.75%) Advertising
9 2 (0.75%) Marketing
10 1 (0.37%) French Language
10 1 (0.37%) General Ledger
10 1 (0.37%) German Language
10 1 (0.37%) Pharmaceutical
10 1 (0.37%) Retail Banking
10 1 (0.37%) Wholesale Banking
Job Titles
1 125 (46.64%) Developer
2 74 (27.61%) Analyst
3 56 (20.90%) Java Developer
4 38 (14.18%) Business Analyst
5 21 (7.84%) C++ Developer
5 21 (7.84%) Project Manager
6 20 (7.46%) Senior Developer
7 18 (6.72%) Support Analyst
8 16 (5.97%) Senior Java Developer
9 14 (5.22%) Senior Analyst
10 13 (4.85%) Applications Support
10 13 (4.85%) Front Office Developer
11 12 (4.48%) C# Developer
12 11 (4.10%) FX Business Analyst
12 11 (4.10%) Test Analyst
13 9 (3.36%) Architect
13 9 (3.36%) FIX Analyst
13 9 (3.36%) Sybase Developer
14 8 (2.99%) Investment Banking Business Analyst
14 8 (2.99%) Programmer
Libraries, Frameworks & Software Standards
1 31 (11.57%) FIX Protocol
1 31 (11.57%) Spring
2 20 (7.46%) XML
3 14 (5.22%) HTML
4 13 (4.85%) JMS
5 12 (4.48%) FpML
6 9 (3.36%) FIXML
7 8 (2.99%) .NET
7 8 (2.99%) J2EE
7 8 (2.99%) JDBC
8 7 (2.61%) ActiveMQ
8 7 (2.61%) Apache Camel
8 7 (2.61%) HTML5
8 7 (2.61%) SOAP
8 7 (2.61%) WPF
9 6 (2.24%) STL
10 5 (1.87%) JAXB
10 5 (1.87%) JSP
10 5 (1.87%) WebSphere MQ
10 5 (1.87%) XML Schema
Miscellaneous
1 87 (32.46%) Derivative
2 63 (23.51%) Equities
3 61 (22.76%) Fixed Income
4 20 (7.46%) Grid Computing
5 19 (7.09%) Algorithms
5 19 (7.09%) Analytical Skills
6 14 (5.22%) Equity Derivative
7 11 (4.10%) Data Structures
8 8 (2.99%) Enterprise Software
9 7 (2.61%) Computer Science
9 7 (2.61%) Market Risk
10 6 (2.24%) Mathematics
11 5 (1.87%) Hedge funds
12 4 (1.49%) Credit Derivative
12 4 (1.49%) SWIFT
12 4 (1.49%) User Experience
13 3 (1.12%) Client/Server
13 3 (1.12%) Data Centre
13 3 (1.12%) Data Extraction
14 2 (0.75%) Swaptions
Operating Systems
1 58 (21.64%) Linux
2 53 (19.78%) Unix
3 18 (6.72%) Windows
4 2 (0.75%) Windows Server
5 1 (0.37%) Red Hat Enterprise Linux
Processes & Methodologies
1 49 (18.28%) Multithreading
2 45 (16.79%) Low Latency
3 31 (11.57%) Algorithmic Trading
4 26 (9.70%) Agile Software Development
4 26 (9.70%) TDD
5 24 (8.96%) E-Commerce
6 23 (8.58%) Migration
7 18 (6.72%) Business Analysis
7 18 (6.72%) Electronic Trading
8 17 (6.34%) Pair Programming
9 16 (5.97%) Analytics
9 16 (5.97%) Risk Management
10 13 (4.85%) Market Making
10 13 (4.85%) Project Management
11 11 (4.10%) FX Algorithmic Trading
12 10 (3.73%) Stakeholder Management
12 10 (3.73%) UML
13 9 (3.36%) ITIL
13 9 (3.36%) OO
14 8 (2.99%) Configuration Management
Programming Languages
1 90 (33.58%) Java
2 68 (25.37%) SQL
3 36 (13.43%) C++
4 29 (10.82%) C#
5 21 (7.84%) Perl
6 19 (7.09%) Python
7 15 (5.60%) JavaScript
8 12 (4.48%) T-SQL
9 11 (4.10%) Bash Shell
10 7 (2.61%) VBA
11 6 (2.24%) Shell Script
12 5 (1.87%) PL/SQL
13 3 (1.12%) Scala
13 3 (1.12%) Tcl
14 2 (0.75%) C
14 2 (0.75%) PowerShell
14 2 (0.75%) VB
15 1 (0.37%) MATLAB
15 1 (0.37%) XAML
Qualifications
1 26 (9.70%) Degree
2 11 (4.10%) PhD
3 1 (0.37%) ISTQB
Quality Assurance & Compliance
1 13 (4.85%) QA
2 8 (2.99%) MiFID
3 5 (1.87%) Dodd-Frank
4 4 (1.49%) EMIR
5 3 (1.12%) COBIT
6 2 (0.75%) ISO 9001
7 1 (0.37%) Basel III
7 1 (0.37%) COREP
7 1 (0.37%) CRD IV
7 1 (0.37%) FATCA
7 1 (0.37%) SLA
System Software
1 2 (0.75%) Platform Symphony
2 1 (0.37%) Active Directory
2 1 (0.37%) Hyper-V
2 1 (0.37%) VMware Infrastructure
Systems Management
1 7 (2.61%) HP Quality Center
2 2 (0.75%) Control-M
2 2 (0.75%) ITRS Geneos
2 2 (0.75%) Nagios
3 1 (0.37%) HP Data Protector
3 1 (0.37%) HP SIM
3 1 (0.37%) Thomson Reuters DACS
Vendors
1 50 (18.66%) Oracle
2 30 (11.19%) Murex
3 27 (10.07%) DataSynapse
3 27 (10.07%) Sybase
4 13 (4.85%) Bloomberg
5 12 (4.48%) Reuters
6 9 (3.36%) HP
7 6 (2.24%) FXall
7 6 (2.24%) Microsoft
7 6 (2.24%) SAP
8 5 (1.87%) SunGard
9 4 (1.49%) Caplin
10 3 (1.12%) DevExpress
10 3 (1.12%) Fidessa
10 3 (1.12%) Hyperion
10 3 (1.12%) ION Trading
10 3 (1.12%) TIBCO
11 2 (0.75%) GoldenSource
11 2 (0.75%) Remedy
11 2 (0.75%) Yardi
City, London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
Lorien Resourcing
Rate: £450 - £500 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £650 - £700 per day
Posted: 3 days ago
City, London
Harrington Starr
Rate: £500 - £600 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £800 - £900 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 5 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £600 - £650 per day
Posted: 6 days ago
City, London
TEKsystems
Rate: £700 - £750 per day
Posted: 6 days ago
City of London
Hays London City Cheapside
Rate: £500.00 - £700.00 per day
Posted: 9 days ago
City of London
Hays London City Cheapside
Rate: £850.00 - £1300.00 per day
Posted: 19 days ago
City of London
Hays London City Cheapside
Rate: £450.00 - £500.00 per day
Posted: 20 days ago
City of London
iKas International
Posted: 25 days ago