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 1 July 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
1 Jul 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 74 60 37
Rank change year-on-year
-14 -23
Contract jobs citing Foreign Exchange (FX) 147 191 326
As % of all contract IT jobs located in the City of London 2.52% 3.26% 4.70%
As % of the Miscellaneous category 6.76% 8.73% 12.35%
Number of daily rates quoted 131 170 270
Average daily rate
Keep up to 90%
of your Daily Rate
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£600 £625 £550
Average daily rate % change year-on-year
-4.00% +13.63%
90% offered a daily rate of more than £450 £500 £425
10% offered a daily rate of more than £725 £700 £675
UK excluding London average daily rate £425 £380 £425
% change year-on-year
+11.84% -10.58%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £39.51
UK excluding London average hourly rate - - £13.00
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
2176 2188 2639
As % of all contract IT jobs located in the City of London 37.27% 37.33% 38.06%
Number of daily rates quoted 1737 1630 1990
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £308
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 40 28 59
Average hourly rate £21.00 £20.44 £22.50
Average hourly rate % change year-on-year
+2.75% -9.16%
90% offered a hourly rate of more than £14.50 £12.65 £15.40
10% offered a hourly rate of more than £56.55 £29.75 £71.00
UK excluding London average hourly rate £18.90 £23.00 £20.00
% change year-on-year
-17.82% +15.00%

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 1 July 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 1 July 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).

1 125 (42.81%) Front Office
2 105 (35.96%) Banking
3 100 (34.25%) Finance
4 91 (31.16%) Low Latency
5 88 (30.14%) SQL
6 85 (29.11%) Java
7 74 (25.34%) Multithreading
8 65 (22.26%) Derivative
9 63 (21.58%) Investment Banking
9 63 (21.58%) Agile Software Development
10 62 (21.23%) C++
11 56 (19.18%) UNIX
12 54 (18.49%) Equities
13 53 (18.15%) C#
14 50 (17.12%) Fixed Income
15 44 (15.07%) Linux
16 40 (13.70%) E-Commerce
17 35 (11.99%) Windows
18 29 (9.93%) Electronic Trading
19 28 (9.59%) Risk Management
20 26 (8.90%) Oracle
21 25 (8.56%) Algorithmic Trading
22 24 (8.22%) WPF
22 24 (8.22%) TDD
23 23 (7.88%) .NET
23 23 (7.88%) FIX Protocol
24 19 (6.51%) TIBCO
25 18 (6.16%) Ultra-Low Latency
25 18 (6.16%) Analytical Skills
26 17 (5.82%) Algorithms

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

For the 6 months to 1 July 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 3 (1.03%) IIS
1 3 (1.03%) Apache
1 3 (1.03%) Tomcat
1 3 (1.03%) SharePoint
1 3 (1.03%) Oracle HTTP Server
1 3 (1.03%) WebSphere
1 3 (1.03%) Oracle Coherence
1 3 (1.03%) SharePoint 2010
2 1 (0.34%) IPython
Applications
1 6 (2.05%) MS Excel
2 4 (1.37%) MS Office
3 1 (0.34%) MS Project
3 1 (0.34%) MS Visio
3 1 (0.34%) MS PowerPoint
Business Applications
1 4 (1.37%) ION MarketView
1 4 (1.37%) RMDS
2 3 (1.03%) SAP FI
2 3 (1.03%) Global One
2 3 (1.03%) Maximo
3 1 (0.34%) LatentZero
3 1 (0.34%) Tesseract
3 1 (0.34%) Minerva
3 1 (0.34%) Sentinel
3 1 (0.34%) Adaptiv
3 1 (0.34%) thinkFolio
3 1 (0.34%) Temenos T24
3 1 (0.34%) Murex MxG2000
3 1 (0.34%) SunGard Stream Ubix
3 1 (0.34%) SunGard Stream Clearvision
3 1 (0.34%) Markit EDM
Cloud Services
1 2 (0.68%) SaaS
1 2 (0.68%) PaaS
1 2 (0.68%) IaaS
Communications & Networking
1 8 (2.74%) Multicast
2 6 (2.05%) Firewall
3 4 (1.37%) HTTP
3 4 (1.37%) TCP/IP
4 2 (0.68%) iSCSI
4 2 (0.68%) LAN
4 2 (0.68%) WAN
4 2 (0.68%) SAN
4 2 (0.68%) NAS
4 2 (0.68%) FCoE
4 2 (0.68%) Fibre Channel
5 1 (0.34%) FTP
5 1 (0.34%) Cisco ASA
5 1 (0.34%) DNS
5 1 (0.34%) HTTPS
Database & Business Intelligence
1 14 (4.79%) SQL Server
2 8 (2.74%) Data Warehouse
3 7 (2.40%) KDB
4 6 (2.05%) Hadoop
4 6 (2.05%) Big Data
5 4 (1.37%) Oracle Database
5 4 (1.37%) SQL Server Reporting Services
5 4 (1.37%) SQL Server Integration Services
6 3 (1.03%) HBase
6 3 (1.03%) Relational Database
7 1 (0.34%) Impala
7 1 (0.34%) Apache Hive
7 1 (0.34%) NoSQL
7 1 (0.34%) RDBMS
7 1 (0.34%) SQLPlus
7 1 (0.34%) Oracle Reports
7 1 (0.34%) MS Access
Development Applications
1 9 (3.08%) TeamCity
2 7 (2.40%) JUnit
3 6 (2.05%) Ant
3 6 (2.05%) CruiseControl
3 6 (2.05%) JIRA
3 6 (2.05%) Selenium
4 5 (1.71%) NUnit
4 5 (1.71%) HP UFT
5 3 (1.03%) FitNesse
6 2 (0.68%) Team Foundation Server
6 2 (0.68%) Rhino Mocks
6 2 (0.68%) Moq
6 2 (0.68%) Visual Studio
6 2 (0.68%) Cucumber
6 2 (0.68%) SpecFlow
7 1 (0.34%) Gradle
7 1 (0.34%) Jenkins
7 1 (0.34%) Android Studio
7 1 (0.34%) Zephyr
7 1 (0.34%) IntelliJ
General
1 125 (42.81%) Front Office
2 105 (35.96%) Banking
3 100 (34.25%) Finance
4 63 (21.58%) Investment Banking
5 15 (5.14%) Back Office
6 4 (1.37%) Retail
7 3 (1.03%) Spanish Language
7 3 (1.03%) Turkish Language
7 3 (1.03%) Financial Institution
7 3 (1.03%) Telecoms
7 3 (1.03%) Retail Banking
8 2 (0.68%) Corporate Banking
8 2 (0.68%) Legal
8 2 (0.68%) Advertising
8 2 (0.68%) German Language
8 2 (0.68%) Italian Language
8 2 (0.68%) Polish Language
9 1 (0.34%) Private Banking
9 1 (0.34%) Marketing
Job Titles
1 156 (53.42%) Developer
2 80 (27.40%) Analyst
3 63 (21.58%) Java Developer
4 48 (16.44%) C++ Developer
5 38 (13.01%) Business Analyst
6 30 (10.27%) Senior Developer
7 24 (8.22%) C# Developer
8 19 (6.51%) Support Analyst
9 14 (4.79%) Applications Support
9 14 (4.79%) Senior C# Developer
10 11 (3.77%) Project Manager
11 8 (2.74%) Senior Analyst
11 8 (2.74%) IT Business Analyst
11 8 (2.74%) C++/C# Developer
11 8 (2.74%) WPF Developer
12 7 (2.40%) Applications Support Analyst
12 7 (2.40%) Test Analyst
12 7 (2.40%) Senior Java Developer
13 6 (2.05%) Data Manager
13 6 (2.05%) Technical Analyst
Libraries, Frameworks & Software Standards
1 24 (8.22%) WPF
2 23 (7.88%) FIX Protocol
2 23 (7.88%) .NET
3 17 (5.82%) Swing
4 13 (4.45%) Reactive Extensions
5 12 (4.11%) Rendezvous
5 12 (4.11%) XML
5 12 (4.11%) Boost C++ Libraries
6 11 (3.77%) STL
7 10 (3.42%) WCF
8 9 (3.08%) HTML
9 8 (2.74%) Middleware
9 8 (2.74%) Ultra Messaging
10 7 (2.40%) JMS
10 7 (2.40%) Web Services
10 7 (2.40%) JDBC
11 5 (1.71%) FpML
11 5 (1.71%) HTML5
11 5 (1.71%) LINQ
12 4 (1.37%) AngularJS
Miscellaneous
1 65 (22.26%) Derivative
2 54 (18.49%) Equities
3 50 (17.12%) Fixed Income
4 18 (6.16%) Analytical Skills
5 17 (5.82%) Algorithms
6 12 (4.11%) Mathematics
7 9 (3.08%) Physics
8 7 (2.40%) Credit Derivative
9 6 (2.05%) Computer Science
10 5 (1.71%) Equity Derivative
10 5 (1.71%) Data Structures
11 4 (1.37%) SWIFT
11 4 (1.37%) Client/Server
11 4 (1.37%) Market Risk
12 3 (1.03%) Credit Risk
12 3 (1.03%) User Experience
13 2 (0.68%) Hedge funds
13 2 (0.68%) Reference Data
13 2 (0.68%) Grid Computing
14 1 (0.34%) N-Tier
Operating Systems
1 56 (19.18%) UNIX
2 44 (15.07%) Linux
3 35 (11.99%) Windows
4 3 (1.03%) Windows Server 2003
5 2 (0.68%) Windows Server 2008
5 2 (0.68%) Red Hat Enterprise Linux
5 2 (0.68%) Solaris
6 1 (0.34%) VMS
6 1 (0.34%) Android
Processes & Methodologies
1 91 (31.16%) Low Latency
2 74 (25.34%) Multithreading
3 63 (21.58%) Agile Software Development
4 40 (13.70%) E-Commerce
5 29 (9.93%) Electronic Trading
6 28 (9.59%) Risk Management
7 25 (8.56%) Algorithmic Trading
8 24 (8.22%) TDD
9 18 (6.16%) Ultra-Low Latency
10 17 (5.82%) Business Analysis
11 15 (5.14%) SDLC
12 14 (4.79%) MVVM
13 13 (4.45%) User Acceptance Testing
13 13 (4.45%) Stakeholder Management
14 12 (4.11%) Change Management
15 11 (3.77%) Migration
15 11 (3.77%) OO
15 11 (3.77%) Asset Management
16 10 (3.42%) Project Management
16 10 (3.42%) GAP Analysis
Programming Languages
1 88 (30.14%) SQL
2 85 (29.11%) Java
3 62 (21.23%) C++
4 53 (18.15%) C#
5 15 (5.14%) Perl
5 15 (5.14%) VBA
6 12 (4.11%) Python
7 11 (3.77%) C
8 8 (2.74%) JavaScript
9 6 (2.05%) Shell Script
10 5 (1.71%) PL/SQL
11 4 (1.37%) VBScript
11 4 (1.37%) Bash Shell
12 3 (1.03%) C-shell
12 3 (1.03%) AWK
13 2 (0.68%) VB
13 2 (0.68%) VC++
13 2 (0.68%) T-SQL
13 2 (0.68%) Scala
14 1 (0.34%) Cython
Qualifications
1 15 (5.14%) Degree
2 3 (1.03%) PhD
2 3 (1.03%) ISEB
3 2 (0.68%) ISTQB
3 2 (0.68%) ISTQB Foundation Certification
4 1 (0.34%) IIBA
4 1 (0.34%) CBAP
4 1 (0.34%) CISSP
4 1 (0.34%) CISA
4 1 (0.34%) CISM
Quality Assurance & Compliance
1 15 (5.14%) QA
2 5 (1.71%) ISO 9001
3 4 (1.37%) Dodd-Frank
4 3 (1.03%) EMIR
5 2 (0.68%) MiFID
6 1 (0.34%) SLA
6 1 (0.34%) Basel III
6 1 (0.34%) Data Quality
System Software
1 3 (1.03%) Oracle RAC
2 2 (0.68%) VMware Infrastructure
2 2 (0.68%) Hyper-V
2 2 (0.68%) SRDF
2 2 (0.68%) NFS
2 2 (0.68%) Xen
2 2 (0.68%) GridGain
2 2 (0.68%) KVM
3 1 (0.34%) HDFS
3 1 (0.34%) Apache Flume
Systems Management
1 7 (2.40%) Control-M
1 7 (2.40%) ITRS Geneos
2 5 (1.71%) HP Quality Center
3 1 (0.34%) Oozie
3 1 (0.34%) SCOM
Vendors
1 26 (8.90%) Oracle
2 19 (6.51%) TIBCO
3 9 (3.08%) Sybase
4 7 (2.40%) Microsoft
5 6 (2.05%) Business Objects
6 4 (1.37%) ION Trading
6 4 (1.37%) Talarian
7 3 (1.03%) DevExpress
7 3 (1.03%) DataSynapse
7 3 (1.03%) Remedy
7 3 (1.03%) SAP
7 3 (1.03%) Adobe
7 3 (1.03%) Murex
7 3 (1.03%) EMC
7 3 (1.03%) Cisco
7 3 (1.03%) IBM
8 2 (0.68%) NetApp
8 2 (0.68%) Red Hat
8 2 (0.68%) Intel
8 2 (0.68%) HP
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Rate: £500 - £600 per day
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Rate: £475 - £500 per day
Posted: 5 hours ago
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Hays Finance Technology
Rate: £550.00 - £600.00 per day
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Rate: £550 - £625 per day
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JM
Rate: £600 - £650 per day
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Streamline Connections
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Rate: £550 - £650 per day
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Rate: £600 - £700 per day
Posted: 5 days ago
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TEKsystems
Rate: £500 - £600 per day
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Huxley Banking & Financial Services
Rate: £600 - £750 per day
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Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
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Rate: £450 - £550 per day
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