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This section looks at the demand for Foreign Exchange (FX) skills within the City of London region with a comparison to our Miscellaneous category. Included is a guide to the contractor rates offered in IT jobs that have cited Foreign Exchange (FX) over the last 3 months to 15 May 2008 with a comparison to the same period last year.

LinkForeign Exchange (FX)
Location
3 months to 15 May 2008Same period last year
Rank2718
Rank change on same period last yearDown-9
Matching contract IT job ads425617
As % of all UK contract IT job ads sampled0.545 %0.693 %
As % of the category below13.78 %20.10 %
Daily rates quoted226362
Average minimum daily rate£515£537
Average daily rate£563£572
% change on same period last year-1.56 %
Average maximum daily rate£611£607
UK excluding London average daily rate£596£429
% change on same period last year+38.76 %
Hourly rates quoted24
Average minimum hourly rate£42.50£18.25
Average hourly rate£53.75£21.50
% change on same period last year+150.00 %
Average maximum hourly rate£65.00£24.75
UK excluding London average hourly rate-£35.00
% change on same period last year-
Miscellaneous City of LondonMiscellaneous
City of London
Matching contract IT job ads30843069
As % of all UK contract IT job ads sampled3.956 %3.448 %
Daily rates quoted16421465
Average minimum daily rate£484£523
Average daily rate£526£562
% change on same period last year-6.43 %
Average maximum daily rate£567£601
UK excluding London average daily rate£361£360
% change on same period last year+0.21 %
Hourly rates quoted10235
Average minimum hourly rate£24.73£25.69
Average hourly rate£27.22£29.53
% change on same period last year-7.82 %
Average maximum hourly rate£29.71£33.37
UK excluding London average hourly rate£23.96£25.02
% change on same period last year-4.25 %
Foreign Exchange (FX) LondonForeign Exchange (FX)
London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Foreign Exchange (FX)
Demand Trend

The chart provides a 3-month moving total starting in 2004 of contract IT jobs ads citing Foreign Exchange (FX) across the City of London region as a proportion of the total demand within the Miscellaneous category.

City of London Foreign Exchange (FX) Demand Trend

Foreign Exchange (FX)
Daily Rate Trend

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

City of London Foreign Exchange (FX) Daily Rate Trend

Foreign Exchange (FX)
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) across the City of London region over the past 3 months.

City of London Foreign Exchange (FX) Daily Rate Histogram

Foreign Exchange (FX)
Hourly Rate Trend

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

City of London Foreign Exchange (FX) Hourly Rate Trend

Foreign Exchange (FX)
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Foreign Exchange (FX) across the City of London region over the past 3 months.

City of London Foreign Exchange (FX) Hourly Rate Histogram

Foreign Exchange (FX)
Top 30 Related IT Skills

Over the past 6 months contract IT jobs across the City of London region citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled citing Foreign Exchange (FX).

1436 (53.11 %)Banking
2339 (41.29 %)Front Office
3332 (40.44 %)Investment Banking
4265 (32.28 %)Derivative
5247 (30.09 %)Java
6232 (28.26 %)C#
7169 (20.58 %)Finance
8157 (19.12 %)C++
9133 (16.20 %)SQL
10132 (16.08 %)Unix
11126 (15.35 %)Fixed Income
12106 (12.91 %)Murex
13101 (12.30 %)Sybase
1498 (11.94 %).NET
1498 (11.94 %)Back Office
1595 (11.57 %)Oracle
1680 (9.744 %)Equities
1773 (8.892 %)SQL Server
1870 (8.526 %)Project Management
1969 (8.404 %)OO
2064 (7.795 %)E-Commerce
2064 (7.795 %)Interest Rate Derivative
2160 (7.308 %)Equity Derivative
2259 (7.186 %)Risk Management
2355 (6.699 %)XML
2453 (6.456 %)Business Analysis
2552 (6.334 %)Summit
2651 (6.212 %)Market Risk
2749 (5.968 %)WinForms
2749 (5.968 %)VBA

Foreign Exchange (FX)
Top Related IT Skills by Category

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

Application Development
198 (11.94 %).NET
255 (6.699 %)XML
349 (5.968 %)WinForms
437 (4.507 %)J2EE
535 (4.263 %)Spring
632 (3.898 %)Hibernate
730 (3.654 %)J2SE
828 (3.410 %)JDBC
924 (2.923 %)Murex Flex
1021 (2.558 %)Swing
1118 (2.192 %)XSLT
1216 (1.949 %)ASP.NET
1315 (1.827 %)ASP
1315 (1.827 %)JMS
1413 (1.583 %)Middleware
1511 (1.340 %)MFC
1511 (1.340 %)WebServices
1610 (1.218 %)COM+
1610 (1.218 %)Velocity
179 (1.096 %)HTML
Application Platforms
118 (2.192 %)WebLogic
214 (1.705 %)TIBCO EMS
311 (1.340 %)Rendezvous
46 (0.731 %)JBoss
55 (0.609 %)MQSeries
64 (0.487 %)Exchange Server 2000
72 (0.244 %)MS Exchange
81 (0.122 %)BizTalk Server
81 (0.122 %)SmartSockets
81 (0.122 %)Exchange Server 5.5
81 (0.122 %)Apache
81 (0.122 %)Tomcat
81 (0.122 %)IIS
Applications
120 (2.436 %)MS Office
216 (1.949 %)MS Excel
35 (0.609 %)MS Project
44 (0.487 %)MS Visio
51 (0.122 %)Niku Workbench
Business Applications
152 (6.334 %)Summit
218 (2.192 %)Kondor+
313 (1.583 %)Murex MxG2000
412 (1.462 %)Minerva
511 (1.340 %)FENICS FX
511 (1.340 %)LongView
610 (1.218 %)Capstone
77 (0.853 %)Tesseract
86 (0.731 %)Sentinel
94 (0.487 %)Misys Midas
94 (0.487 %)Oracle Applications
103 (0.365 %)Salerio
112 (0.244 %)MarketView
121 (0.122 %)Fidessa
121 (0.122 %)RMDS
Communications & Networking
110 (1.218 %)Internet
24 (0.487 %)TCP/IP
32 (0.244 %)IP Telephony
41 (0.122 %)SSL
41 (0.122 %)Intranet
41 (0.122 %)HTTP
Database & Business Intelligence
173 (8.892 %)SQL Server
222 (2.680 %)Reference Data
38 (0.974 %)Oracle Reports
38 (0.974 %)MS Access
47 (0.853 %)DTS
55 (0.609 %)RDBMS
64 (0.487 %)Datawarehouse
64 (0.487 %)Oracle 9i
64 (0.487 %)SQL Server 2000
64 (0.487 %)SQLPlus
64 (0.487 %)Oracle Discoverer
64 (0.487 %)Data Cleansing
73 (0.365 %)Oracle 10g
73 (0.365 %)SQL Server 7
73 (0.365 %)SQL Server Reporting Services
82 (0.244 %)Data Mart
82 (0.244 %)SQL Server 2005
82 (0.244 %)SQL Server Integration Services
82 (0.244 %)ETL
82 (0.244 %)TOAD
Development Applications
122 (2.680 %)NUnit
25 (0.609 %)Subversion
34 (0.487 %)Ant
34 (0.487 %)ProC
43 (0.365 %)TestDirector
43 (0.365 %)QuickTest Pro
43 (0.365 %)Log4Net
52 (0.244 %)CruiseControl
52 (0.244 %)JUnit
52 (0.244 %)Visual Studio
61 (0.122 %)Flash
61 (0.122 %)Eclipse
61 (0.122 %)ClearQuest
General
1436 (53.11 %)Banking
2339 (41.29 %)Front Office
3332 (40.44 %)Investment Banking
4169 (20.58 %)Finance
598 (11.94 %)Back Office
616 (1.949 %)Financial Institution
74 (0.487 %)General Ledger
74 (0.487 %)Education
74 (0.487 %)Government
83 (0.365 %)Legal
92 (0.244 %)Construction
92 (0.244 %)Corporate Banking
92 (0.244 %)International Banking
92 (0.244 %)Retail
101 (0.122 %)Games
Job Titles
1406 (49.45 %)Developer
2209 (25.46 %)Analyst
3140 (17.05 %)C# Developer
4132 (16.08 %)Business Analyst
5119 (14.49 %)Java Developer
674 (9.013 %)Project Manager
737 (4.507 %)Front Office Developer
834 (4.141 %)C++ Developer
932 (3.898 %)Investment Banking Business Analyst
1031 (3.776 %)Banking Business Analyst
1031 (3.776 %)Murex Support
1031 (3.776 %)Support Analyst
1129 (3.532 %).NET Developer
1129 (3.532 %)Quant Developer
1228 (3.410 %)Senior Developer
1228 (3.410 %)Murex Developer
1324 (2.923 %)Market Risk Analyst
1420 (2.436 %)Risk Analyst
1518 (2.192 %)Market Analyst
1518 (2.192 %)Consultant
Miscellaneous
1265 (32.28 %)Derivative
2126 (15.35 %)Fixed Income
380 (9.744 %)Equities
464 (7.795 %)Interest Rate Derivative
560 (7.308 %)Equity Derivative
651 (6.212 %)Market Risk
742 (5.116 %)Credit Derivative
826 (3.167 %)Multithreading
923 (2.801 %)Asset Management
1022 (2.680 %)Hybrid Derivative
1120 (2.436 %)Credit Risk
1216 (1.949 %)N-Tier
1314 (1.705 %)Mathematics
147 (0.853 %)Computer Science
155 (0.609 %)Contract for Difference
155 (0.609 %)Management Information System
164 (0.487 %)STB
164 (0.487 %)Client/Server
164 (0.487 %)Fund Management
173 (0.365 %)Swaptions
Operating Systems
1132 (16.08 %)Unix
248 (5.847 %)Windows
334 (4.141 %)Linux
49 (1.096 %)Windows NT
58 (0.974 %)AIX
66 (0.731 %)Solaris
74 (0.487 %)Windows XP
74 (0.487 %)VMS
74 (0.487 %)Windows 2000
Processes & Methodologies
170 (8.526 %)Project Management
269 (8.404 %)OO
364 (7.795 %)E-Commerce
459 (7.186 %)Risk Management
553 (6.456 %)Business Analysis
644 (5.359 %)Electronic Trading
736 (4.385 %)Migration
816 (1.949 %)Algorithmic Trading
816 (1.949 %)Data Migration
914 (1.705 %)User Acceptance Testing
914 (1.705 %)Workflow
1013 (1.583 %)GAP Analysis
1112 (1.462 %)Change Management
1112 (1.462 %)RAD
1112 (1.462 %)OOD
1112 (1.462 %)Investment Management
1210 (1.218 %)TDD
139 (1.096 %)Risk Assessment
147 (0.853 %)Agile Software Development
156 (0.731 %)Validation
Programming Languages
1247 (30.09 %)Java
2232 (28.26 %)C#
3157 (19.12 %)C++
4133 (16.20 %)SQL
549 (5.968 %)VBA
636 (4.385 %)Perl
722 (2.680 %)VC++
817 (2.071 %)VB
916 (1.949 %)Shell Script
1014 (1.705 %)C
1113 (1.583 %)PL/SQL
1210 (1.218 %)Transact-SQL
137 (0.853 %)JavaScript
146 (0.731 %)Korn
146 (0.731 %)VB6
154 (0.487 %)DCL
154 (0.487 %)Python
163 (0.365 %)VB.NET
163 (0.365 %)RPG
172 (0.244 %)COBOL
Qualifications
114 (1.705 %)Degree
24 (0.487 %)PRINCE2 Certification
31 (0.122 %)ACCA
31 (0.122 %)CIMA
31 (0.122 %)PhD
Quality Assurance & Compliance
14 (0.487 %)Sarbanes-Oxley
14 (0.487 %)MiFID
22 (0.244 %)QA
31 (0.122 %)SLA
System Software
14 (0.487 %)Oracle RAC
Systems Management
14 (0.487 %)CONTROL-M
21 (0.122 %)AutoSys
Vendors
1106 (12.91 %)Murex
2101 (12.30 %)Sybase
395 (11.57 %)Oracle
440 (4.872 %)Calypso
534 (4.141 %)Reuters
631 (3.776 %)Microsoft
724 (2.923 %)Bloomberg
819 (2.314 %)TIBCO
911 (1.340 %)Sun
1010 (1.218 %)LatentZero
119 (1.096 %)IBM
128 (0.974 %)Wall Street Systems
137 (0.853 %)thinkFolio
137 (0.853 %)Siebel
145 (0.609 %)Actuate
145 (0.609 %)Informatica
145 (0.609 %)Sophis
145 (0.609 %)Infragistics
154 (0.487 %)SimCorp
154 (0.487 %)BEA
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