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 contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 25 August 2016 with a comparison to the same period over 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.

3 months to
25 Aug 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 83 66 61
Rank change year-on-year
-17 -5
Contract jobs citing Foreign Exchange (FX) 93 165 184
As % of all contract IT jobs located in the City of London 2.65% 2.99% 3.12%
As % of the Miscellaneous category 6.59% 7.70% 8.37%
Number of daily rates quoted 77 141 151
Median daily rate £575 £600 £625
Median daily rate % change year-on-year
-4.16% -4.00%
90% offered a daily rate of more than £450 £450 £475
10% offered a daily rate of more than £675 £725 £725
UK excluding London median daily rate £344 £538 £400
% change year-on-year
-36.09% +34.37%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
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
1411 2144 2199
As % of all contract IT jobs located in the City of London 40.14% 38.90% 37.33%
Number of daily rates quoted 1116 1694 1553
Median daily rate £475 £475 £475
90% offered a daily rate of more than £313 £290 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £376 £375 £350
% change year-on-year
+0.13% +7.14%
Number of hourly rates quoted 12 38 48
Median hourly rate £16.10 £19.00 £18.50
Median hourly rate % change year-on-year
-15.26% +2.70%
90% offered a hourly rate of more than £12.50 £12.52 £12.50
10% offered a hourly rate of more than £39.79 £39.05 £35.55
UK excluding London median hourly rate £22.50 £19.29 £18.75
% change year-on-year
+16.64% +2.88%

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

The demand trend of contract jobs across the City of London region citing Foreign Exchange (FX) as a proportion of all IT contracts with a match in 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 25 August 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 25 August 2016, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Foreign Exchange (FX).

1 86 (42.79%) Java
2 81 (40.30%) Front Office
3 77 (38.31%) Finance
4 74 (36.82%) Banking
5 47 (23.38%) Multithreading
6 46 (22.89%) Investment Banking
6 46 (22.89%) SQL
7 43 (21.39%) C#
8 42 (20.90%) Linux
9 40 (19.90%) Agile Software Development
10 36 (17.91%) Fixed Income
11 35 (17.41%) Derivative
11 35 (17.41%) C++
11 35 (17.41%) Low Latency
12 29 (14.43%) Unix
13 27 (13.43%) Electronic Trading
14 25 (12.44%) HTML
14 25 (12.44%) Murex
14 25 (12.44%) Equities
15 23 (11.44%) TDD
16 22 (10.95%) Maven
17 21 (10.45%) JavaScript
18 20 (9.95%) Unit Testing
19 19 (9.45%) HTML5
19 19 (9.45%) Oracle
19 19 (9.45%) Python
20 18 (8.96%) OO
20 18 (8.96%) Risk Management
20 18 (8.96%) BDD
20 18 (8.96%) Analytical Skills

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

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 7 (3.48%) Apache Spark
2 6 (2.99%) WebSphere
3 3 (1.49%) Confluence
4 2 (1.00%) Apache
5 1 (0.50%) CICS
5 1 (0.50%) IIS
5 1 (0.50%) MQSeries
5 1 (0.50%) MS Exchange
5 1 (0.50%) Oracle Coherence
5 1 (0.50%) Tomcat
Applications
1 3 (1.49%) MS Excel
2 2 (1.00%) MS Office
3 1 (0.50%) MS PowerPoint
Business Applications
1 3 (1.49%) Summit
2 2 (1.00%) Bloomberg TOMS
2 2 (1.00%) RMDS
3 1 (0.50%) Eikon
3 1 (0.50%) ION MarketView
3 1 (0.50%) MetaTrader
3 1 (0.50%) SAP BPC
3 1 (0.50%) SAP FI
Cloud Services
1 1 (0.50%) Amazon AWS
1 1 (0.50%) Cloud Computing
1 1 (0.50%) Microsoft Azure
Communications & Networking
1 5 (2.49%) TCP/IP
2 3 (1.49%) SAN
3 2 (1.00%) Firewall
3 2 (1.00%) LAN
4 1 (0.50%) Internet
4 1 (0.50%) NAS
4 1 (0.50%) NGN
4 1 (0.50%) SNA
4 1 (0.50%) WAN
Database & Business Intelligence
1 13 (6.47%) SQL Server
2 7 (3.48%) Big Data
2 7 (3.48%) Hadoop
3 6 (2.99%) Data Mart
4 5 (2.49%) Apache Cassandra
5 4 (1.99%) SQL Server 2008
6 2 (1.00%) Relational Database
6 2 (1.00%) SQL Server Integration Services
6 2 (1.00%) SQL Server Reporting Services
7 1 (0.50%) Data Lake
7 1 (0.50%) Data Warehouse
7 1 (0.50%) InfluxDB
7 1 (0.50%) MS Access
7 1 (0.50%) OLAP
7 1 (0.50%) OLTP
7 1 (0.50%) Oracle OLAP
7 1 (0.50%) RDBMS
7 1 (0.50%) SQL Server 2005
7 1 (0.50%) SQL Server 2014
7 1 (0.50%) Tick Data
Development Applications
1 22 (10.95%) Maven
2 9 (4.48%) JIRA
3 5 (2.49%) Gradle
3 5 (2.49%) JUnit
4 4 (1.99%) Jenkins
4 4 (1.99%) Selenium
4 4 (1.99%) TeamCity
5 3 (1.49%) Artifactory
5 3 (1.49%) Subversion
6 2 (1.00%) Grunt
6 2 (1.00%) TestDirector
7 1 (0.50%) Atlassian Bamboo
7 1 (0.50%) Cucumber
7 1 (0.50%) FitNesse
7 1 (0.50%) Git (software)
7 1 (0.50%) JSUnit
7 1 (0.50%) Oracle APEX
7 1 (0.50%) PHPUnit
7 1 (0.50%) Team Foundation Server
7 1 (0.50%) Vagrant
General
1 81 (40.30%) Front Office
2 77 (38.31%) Finance
3 74 (36.82%) Banking
4 46 (22.89%) Investment Banking
5 17 (8.46%) Back Office
6 4 (1.99%) Financial Institution
7 3 (1.49%) Retail
8 2 (1.00%) Advertising
8 2 (1.00%) Legal
9 1 (0.50%) Spanish Language
Job Titles
1 107 (53.23%) Developer
2 43 (21.39%) Java Developer
3 38 (18.91%) Analyst
4 30 (14.93%) Senior Developer
5 21 (10.45%) C++ Developer
6 19 (9.45%) Business Analyst
7 14 (6.97%) Agile Developer
7 14 (6.97%) Agile Java Developer
7 14 (6.97%) Project Manager
8 13 (6.47%) C# Developer
9 12 (5.97%) Consultant
9 12 (5.97%) Senior Java Developer
10 8 (3.98%) Banking Analyst
10 8 (3.98%) Front End Developer (Client-Side Developer)
10 8 (3.98%) Senior Front-End Developer
10 8 (3.98%) Support Analyst
10 8 (3.98%) Test Analyst
11 7 (3.48%) Applications Support
11 7 (3.48%) Front Office Developer
12 6 (2.99%) Senior Analyst
Libraries, Frameworks & Software Standards
1 25 (12.44%) HTML
2 19 (9.45%) HTML5
3 17 (8.46%) AngularJS
4 16 (7.96%) FIX Protocol
5 14 (6.97%) JMS
6 11 (5.47%) .NET
6 11 (5.47%) CSS
7 10 (4.98%) WPF
8 9 (4.48%) Middleware
9 7 (3.48%) WCF
10 6 (2.99%) Boost C++ Libraries
10 6 (2.99%) STL
11 5 (2.49%) .NET Framework
11 5 (2.49%) Swing
11 5 (2.49%) XML
12 4 (1.99%) Rendezvous
12 4 (1.99%) Spring
13 3 (1.49%) JDBC
13 3 (1.49%) Node.js
13 3 (1.49%) TIBCO EMS
Miscellaneous
1 36 (17.91%) Fixed Income
2 35 (17.41%) Derivative
3 25 (12.44%) Equities
4 18 (8.96%) Analytical Skills
5 12 (5.97%) Market Risk
6 11 (5.47%) Algorithms
7 8 (3.98%) Data Structures
7 8 (3.98%) Mathematics
8 4 (1.99%) Computer Science
9 3 (1.49%) Credit Risk
10 2 (1.00%) Equity Derivative
10 2 (1.00%) Hedge funds
10 2 (1.00%) Management Information System
10 2 (1.00%) OTC Derivatives
10 2 (1.00%) Statistics
10 2 (1.00%) Swaptions
10 2 (1.00%) SWIFT
11 1 (0.50%) Credit Derivative
11 1 (0.50%) Grid Computing
11 1 (0.50%) N-Tier
Operating Systems
1 42 (20.90%) Linux
2 29 (14.43%) Unix
3 15 (7.46%) Windows
4 3 (1.49%) Solaris
5 2 (1.00%) Windows Server 2008
5 2 (1.00%) Windows Server 2012
6 1 (0.50%) Red Hat Enterprise Linux
6 1 (0.50%) Windows Server
Processes & Methodologies
1 47 (23.38%) Multithreading
2 40 (19.90%) Agile Software Development
3 35 (17.41%) Low Latency
4 27 (13.43%) Electronic Trading
5 23 (11.44%) TDD
6 20 (9.95%) Unit Testing
7 18 (8.96%) BDD
7 18 (8.96%) OO
7 18 (8.96%) Risk Management
8 17 (8.46%) Algorithmic Trading
9 13 (6.47%) Business Analysis
10 11 (5.47%) Continuous Integration
10 11 (5.47%) E-Commerce
10 11 (5.47%) Scrum
10 11 (5.47%) Stakeholder Management
11 10 (4.98%) Front End Development
11 10 (4.98%) Market Making
11 10 (4.98%) Open Source
12 9 (4.48%) DevOps
12 9 (4.48%) Project Management
Programming Languages
1 86 (42.79%) Java
2 46 (22.89%) SQL
3 43 (21.39%) C#
4 35 (17.41%) C++
5 21 (10.45%) JavaScript
6 19 (9.45%) Python
7 9 (4.48%) TypeScript
8 7 (3.48%) Perl
8 7 (3.48%) Scala
9 6 (2.99%) Haskell
9 6 (2.99%) Shell Script
10 3 (1.49%) MATLAB
10 3 (1.49%) R
10 3 (1.49%) T-SQL
11 2 (1.00%) C
11 2 (1.00%) PL/SQL
11 2 (1.00%) VBA
12 1 (0.50%) PHP
12 1 (0.50%) VBScript
12 1 (0.50%) XAML
Qualifications
1 11 (5.47%) Degree
2 10 (4.98%) PhD
3 2 (1.00%) ISEB
3 2 (1.00%) PMP
4 1 (0.50%) CFA
4 1 (0.50%) ISTQB
4 1 (0.50%) ISTQB Foundation Certification
4 1 (0.50%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 8 (3.98%) QA
2 5 (2.49%) MiFID
3 4 (1.99%) SDET
4 2 (1.00%) Dodd-Frank
4 2 (1.00%) EMIR
5 1 (0.50%) SLA
System Software
1 4 (1.99%) VMware Infrastructure
2 2 (1.00%) VMware ESX
3 1 (0.50%) Docker
3 1 (0.50%) HDFS
3 1 (0.50%) vCloud
Systems Management
1 7 (3.48%) Puppet
2 3 (1.49%) Ansible
2 3 (1.49%) ITRS Geneos
3 2 (1.00%) Nagios
3 2 (1.00%) NetBackup
4 1 (0.50%) BMC PATROL
4 1 (0.50%) Control-M
4 1 (0.50%) Grafana
4 1 (0.50%) Graphite
4 1 (0.50%) HP Quality Center
4 1 (0.50%) Thomson Reuters DACS
Vendors
1 25 (12.44%) Murex
2 19 (9.45%) Oracle
3 10 (4.98%) Sybase
4 8 (3.98%) Calypso
5 6 (2.99%) VMware
6 5 (2.49%) HP
6 5 (2.49%) TIBCO
7 4 (1.99%) Bloomberg
7 4 (1.99%) FXall
7 4 (1.99%) Microsoft
8 3 (1.49%) Atlassian
8 3 (1.49%) Charles River
8 3 (1.49%) CheckPoint
8 3 (1.49%) Cisco
8 3 (1.49%) Fortinet
8 3 (1.49%) IBM
8 3 (1.49%) Reuters
8 3 (1.49%) SAP
8 3 (1.49%) Splunk
9 2 (1.00%) Sun
City, London
Dupen Recruitment Services
Rate: £600 per day
Posted: 11 hours ago
City, London
McGregor Boyall
Rate: £600 - £700 per day + depending on experience
Posted: 3 days ago
City, London
Pioneer Search
Rate: £450 - £600 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 6 days ago
City, London
Thebes IT
Posted: 6 days ago
City, London
Harrington Starr
Rate: £350 - £425 per day
Posted: 6 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £200 - £250 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £700 - £800 per day
Posted: 6 days ago