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 29 May 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
29 May 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 59 91 50
Rank change year-on-year
+32 -41
Contract jobs citing Foreign Exchange (FX) 114 118 216
As % of all contract IT jobs located in the City of London 3.40% 2.09% 3.56%
As % of the Miscellaneous category 8.80% 5.66% 9.22%
Number of daily rates quoted 103 107 197
Median daily rate £600 £600 £600
90% offered a daily rate of more than £500 £440 £475
10% offered a daily rate of more than £725 £685 £725
UK excluding London median daily rate £396 £350 £385
% change year-on-year
+13.14% -9.09%
Number of hourly rates quoted 2 0 0
Median hourly rate £65.00 - -
UK excluding London median hourly rate - £13.50 -
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
1295 2084 2344
As % of all contract IT jobs located in the City of London 38.62% 36.98% 38.64%
Number of daily rates quoted 1067 1634 1786
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 18 33 33
Median hourly rate £19.00 £21.00 £21.00
Median hourly rate % change year-on-year
-9.52% -
90% offered a hourly rate of more than £12.50 £13.95 £12.50
10% offered a hourly rate of more than £50.00 £57.85 £49.25
UK excluding London median hourly rate £22.00 £18.24 £20.00
% change year-on-year
+20.64% -8.82%

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 29 May 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)
Hourly Rate Histogram in the City of London

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Foreign Exchange (FX) across the City of London region over the 3 months to 29 May 2016.

Foreign Exchange (FX) Hourly Rate Histogram in the City of London

Foreign Exchange (FX)
Top 30 Related IT Skills in the City of London

For the 6 months to 29 May 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).

1 129 (48.31%) Front Office
2 106 (39.70%) Java
3 104 (38.95%) Finance
4 97 (36.33%) Banking
5 81 (30.34%) Derivative
6 66 (24.72%) SQL
7 62 (23.22%) Linux
8 58 (21.72%) Multithreading
9 56 (20.97%) Fixed Income
10 55 (20.60%) Investment Banking
10 55 (20.60%) C#
11 52 (19.48%) Unix
12 50 (18.73%) Equities
13 47 (17.60%) C++
14 46 (17.23%) Low Latency
15 42 (15.73%) TDD
16 39 (14.61%) Agile Software Development
16 39 (14.61%) Oracle
17 29 (10.86%) Murex
17 29 (10.86%) Analytical Skills
18 28 (10.49%) FIX Protocol
19 27 (10.11%) Degree
19 27 (10.11%) Electronic Trading
20 25 (9.36%) Spring
20 25 (9.36%) DataSynapse
21 24 (8.99%) HTML
22 23 (8.61%) OO
22 23 (8.61%) Algorithmic Trading
23 22 (8.24%) Business Analysis
24 20 (7.49%) JavaScript

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 19 (7.12%) Oracle Coherence
2 6 (2.25%) Tomcat
3 5 (1.87%) Mule
3 5 (1.87%) WebLogic
4 4 (1.50%) WebSphere
5 2 (0.75%) Apache
5 2 (0.75%) MS Exchange
6 1 (0.37%) Apache Spark
6 1 (0.37%) CICS
6 1 (0.37%) IIS
6 1 (0.37%) JBoss
6 1 (0.37%) MQSeries
Applications
1 4 (1.50%) MS Excel
2 3 (1.12%) MS PowerPoint
3 2 (0.75%) MS Visio
Business Applications
1 6 (2.25%) Markit EDM
2 4 (1.50%) Front Arena
3 3 (1.12%) MetaTrader
3 3 (1.12%) Oracle EBS
3 3 (1.12%) Oracle ERP
3 3 (1.12%) Oracle Payables
3 3 (1.12%) Summit
4 1 (0.37%) Eikon
4 1 (0.37%) Loan IQ
4 1 (0.37%) SAP FI
4 1 (0.37%) SimCorp Dimension
4 1 (0.37%) SunGard Martini
4 1 (0.37%) Temenos T24
Cloud Services
1 1 (0.37%) Office 365
Communications & Networking
1 5 (1.87%) Firewall
1 5 (1.87%) TCP/IP
2 3 (1.12%) SAN
3 1 (0.37%) DHCP
3 1 (0.37%) DNS
3 1 (0.37%) LAN
3 1 (0.37%) NAS
3 1 (0.37%) NGN
3 1 (0.37%) SNA
3 1 (0.37%) WAN
Database & Business Intelligence
1 19 (7.12%) SQL Server
2 9 (3.37%) KDB
3 6 (2.25%) Data Mart
4 5 (1.87%) Data Warehouse
4 5 (1.87%) SQL Server Integration Services
4 5 (1.87%) SQL Server Reporting Services
5 3 (1.12%) SQL Server 2008
6 2 (0.75%) Big Data
6 2 (0.75%) Hadoop
6 2 (0.75%) Oracle Database
6 2 (0.75%) Relational Database
6 2 (0.75%) Tick Data
7 1 (0.37%) InfluxDB
7 1 (0.37%) MongoDB
7 1 (0.37%) MS Access
7 1 (0.37%) NoSQL
7 1 (0.37%) QlikView
7 1 (0.37%) RDBMS
7 1 (0.37%) SQL Server 2005
7 1 (0.37%) SQL Server Analysis Services
Development Applications
1 18 (6.74%) JIRA
2 14 (5.24%) Maven
3 9 (3.37%) Selenium
4 6 (2.25%) ClearCase
4 6 (2.25%) ClearQuest
4 6 (2.25%) Jenkins
4 6 (2.25%) Subversion
5 5 (1.87%) Cucumber
5 5 (1.87%) EasyMock
5 5 (1.87%) JUnit
5 5 (1.87%) Mockito
6 1 (0.37%) Emacs
6 1 (0.37%) FitNesse
6 1 (0.37%) Git (software)
6 1 (0.37%) Grunt
6 1 (0.37%) gulp
6 1 (0.37%) Moq
6 1 (0.37%) NUnit
6 1 (0.37%) SoapUI
6 1 (0.37%) WebDriver
General
1 129 (48.31%) Front Office
2 104 (38.95%) Finance
3 97 (36.33%) Banking
4 55 (20.60%) Investment Banking
5 16 (5.99%) Back Office
6 6 (2.25%) Retail
7 5 (1.87%) Telecoms
8 3 (1.12%) Billing
9 2 (0.75%) Financial Institution
9 2 (0.75%) Legal
9 2 (0.75%) Marketing
10 1 (0.37%) Advertising
10 1 (0.37%) Games
10 1 (0.37%) General Ledger
10 1 (0.37%) Retail Banking
10 1 (0.37%) Spanish Language
Job Titles
1 152 (56.93%) Developer
2 58 (21.72%) Analyst
3 56 (20.97%) Java Developer
4 39 (14.61%) Senior Developer
5 33 (12.36%) Business Analyst
6 26 (9.74%) C++ Developer
7 20 (7.49%) C# Developer
8 17 (6.37%) Project Manager
9 16 (5.99%) Senior Java Developer
10 12 (4.49%) Front Office Developer
11 11 (4.12%) Senior Analyst
12 10 (3.75%) Applications Support
12 10 (3.75%) FX Business Analyst
13 9 (3.37%) Agile Developer
13 9 (3.37%) Agile Java Developer
13 9 (3.37%) C# WPF Developer
13 9 (3.37%) Senior C# Developer
13 9 (3.37%) Support Analyst
13 9 (3.37%) WPF Developer
14 8 (3.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 28 (10.49%) FIX Protocol
2 25 (9.36%) Spring
3 24 (8.99%) HTML
4 19 (7.12%) XML
5 17 (6.37%) .NET
5 17 (6.37%) HTML5
6 16 (5.99%) WPF
7 15 (5.62%) CSS
7 15 (5.62%) JMS
8 11 (4.12%) AngularJS
9 10 (3.75%) FpML
10 9 (3.37%) Middleware
10 9 (3.37%) Reactive Extensions
11 7 (2.62%) Apache Camel
11 7 (2.62%) WCF
12 6 (2.25%) FIXML
12 6 (2.25%) Java EE
12 6 (2.25%) RabbitMQ
12 6 (2.25%) SOAP
12 6 (2.25%) XML Schema
Miscellaneous
1 81 (30.34%) Derivative
2 56 (20.97%) Fixed Income
3 50 (18.73%) Equities
4 29 (10.86%) Analytical Skills
5 20 (7.49%) Algorithms
6 17 (6.37%) Grid Computing
7 15 (5.62%) Data Structures
8 12 (4.49%) Equity Derivative
9 7 (2.62%) Market Risk
10 6 (2.25%) Enterprise Software
10 6 (2.25%) SWIFT
11 5 (1.87%) Computer Science
11 5 (1.87%) Data Extraction
11 5 (1.87%) Hedge funds
12 4 (1.50%) Data Centre
13 3 (1.12%) Mathematics
14 2 (0.75%) Statistics
15 1 (0.37%) Contract for Difference
15 1 (0.37%) Online Banking
15 1 (0.37%) Physics
Operating Systems
1 62 (23.22%) Linux
2 52 (19.48%) Unix
3 19 (7.12%) Windows
4 4 (1.50%) Windows Server
5 3 (1.12%) Solaris
6 2 (0.75%) Red Hat Enterprise Linux
7 1 (0.37%) Windows 7
7 1 (0.37%) Windows 8
7 1 (0.37%) Windows Server 2008
7 1 (0.37%) Windows Server 2012
Processes & Methodologies
1 58 (21.72%) Multithreading
2 46 (17.23%) Low Latency
3 42 (15.73%) TDD
4 39 (14.61%) Agile Software Development
5 27 (10.11%) Electronic Trading
6 23 (8.61%) Algorithmic Trading
6 23 (8.61%) OO
7 22 (8.24%) Business Analysis
8 19 (7.12%) Unit Testing
9 18 (6.74%) Market Making
9 18 (6.74%) Migration
10 17 (6.37%) Pair Programming
11 15 (5.62%) BDD
11 15 (5.62%) FX Algorithmic Trading
12 14 (5.24%) Risk Management
13 13 (4.87%) Analytics
14 12 (4.49%) E-Commerce
14 12 (4.49%) MVVM
15 11 (4.12%) Stakeholder Management
15 11 (4.12%) UML
Programming Languages
1 106 (39.70%) Java
2 66 (24.72%) SQL
3 55 (20.60%) C#
4 47 (17.60%) C++
5 20 (7.49%) JavaScript
6 16 (5.99%) Perl
7 14 (5.24%) Python
8 12 (4.49%) Shell Script
8 12 (4.49%) T-SQL
9 9 (3.37%) TypeScript
10 7 (2.62%) Bash Shell
11 6 (2.25%) PL/SQL
12 2 (0.75%) Scala
13 1 (0.37%) Haskell
13 1 (0.37%) MATLAB
13 1 (0.37%) VB
13 1 (0.37%) VBA
13 1 (0.37%) VBScript
Qualifications
1 27 (10.11%) Degree
2 17 (6.37%) PhD
3 2 (0.75%) ISEB
3 2 (0.75%) ISTQB
4 1 (0.37%) CFA
4 1 (0.37%) ISTQB Foundation Certification
4 1 (0.37%) PMI Certification
4 1 (0.37%) PMP
4 1 (0.37%) PRINCE2 Certification
4 1 (0.37%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 10 (3.75%) QA
2 5 (1.87%) MiFID
3 3 (1.12%) Dodd-Frank
4 2 (0.75%) EMIR
5 1 (0.37%) Basel III
5 1 (0.37%) COREP
5 1 (0.37%) CRD IV
System Software
1 2 (0.75%) VMware Infrastructure
2 1 (0.37%) Active Directory
2 1 (0.37%) Hyper-V
2 1 (0.37%) vCloud
2 1 (0.37%) VMware ESX
Systems Management
1 3 (1.12%) Control-M
2 2 (0.75%) ITRS Geneos
2 2 (0.75%) Nagios
3 1 (0.37%) BMC PATROL
3 1 (0.37%) Grafana
3 1 (0.37%) Graphite
3 1 (0.37%) HP Data Protector
3 1 (0.37%) HP Quality Center
3 1 (0.37%) HP SIM
3 1 (0.37%) NetBackup
Vendors
1 39 (14.61%) Oracle
2 29 (10.86%) Murex
3 25 (9.36%) DataSynapse
4 18 (6.74%) Sybase
5 9 (3.37%) Bloomberg
5 9 (3.37%) Microsoft
5 9 (3.37%) Reuters
6 6 (2.25%) TIBCO
7 5 (1.87%) Calypso
7 5 (1.87%) DevExpress
7 5 (1.87%) SunGard
8 4 (1.50%) FXall
9 3 (1.12%) Hyperion
9 3 (1.12%) VMware
10 2 (0.75%) Citrix
10 2 (0.75%) Fidessa
10 2 (0.75%) HP
10 2 (0.75%) Red Hat
11 1 (0.37%) BMC
11 1 (0.37%) CA
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 5 days ago
City, London
Quant Capital
Rate: From £400 to £500 per day
Posted: 3 days ago
City, London
Quant Capital
Rate: Up to £520 per day
Posted: 3 days ago
City of London
Real Staffing
Rate: competitive
Posted: 16 days ago
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 5 days ago
City of London
iKas International
Posted: 18 days ago