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 31 July 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
31 Jul 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 85 67 59
Rank change year-on-year
-18 -8
Contract jobs citing Foreign Exchange (FX) 81 179 190
As % of all contract IT jobs located in the City of London 2.41% 3.06% 3.26%
As % of the Miscellaneous category 5.90% 7.91% 8.49%
Number of daily rates quoted 71 155 167
Median daily rate £588 £625 £650
Median daily rate % change year-on-year
-6.00% -3.84%
90% offered a daily rate of more than £475 £450 £487
10% offered a daily rate of more than £750 £725 £747
UK excluding London median daily rate £375 £450 £375
% change year-on-year
-16.66% +20.00%
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
1372 2264 2239
As % of all contract IT jobs located in the City of London 40.81% 38.65% 38.37%
Number of daily rates quoted 1105 1806 1620
Median daily rate £463 £475 £475
Median daily rate % change year-on-year
-2.63% -
90% offered a daily rate of more than £325 £300 £285
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £385 £375 £350
% change year-on-year
+2.66% +7.14%
Number of hourly rates quoted 11 40 44
Median hourly rate £12.50 £20.00 £19.50
Median hourly rate % change year-on-year
-37.50% +2.56%
UK excluding London median hourly rate £21.50 £18.50 £20.50
% change year-on-year
+16.21% -9.75%

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 31 July 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 31 July 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 98 (43.17%) Front Office
2 94 (41.41%) Java
3 92 (40.53%) Finance
4 80 (35.24%) Banking
5 57 (25.11%) Multithreading
6 55 (24.23%) Derivative
6 55 (24.23%) SQL
7 54 (23.79%) Linux
8 50 (22.03%) C#
9 49 (21.59%) Investment Banking
10 46 (20.26%) Agile Software Development
11 43 (18.94%) Fixed Income
11 43 (18.94%) C++
12 37 (16.30%) Unix
13 36 (15.86%) Low Latency
14 34 (14.98%) Equities
15 31 (13.66%) TDD
15 31 (13.66%) Electronic Trading
16 26 (11.45%) HTML
17 24 (10.57%) Oracle
17 24 (10.57%) Murex
18 22 (9.69%) OO
18 22 (9.69%) JavaScript
18 22 (9.69%) Maven
18 22 (9.69%) Unit Testing
19 21 (9.25%) Analytical Skills
20 20 (8.81%) BDD
21 19 (8.37%) JMS
22 18 (7.93%) Python
22 18 (7.93%) FIX Protocol

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 6 (2.64%) Tomcat
2 5 (2.20%) Mule
2 5 (2.20%) WebLogic
3 4 (1.76%) Apache Spark
3 4 (1.76%) Oracle Coherence
3 4 (1.76%) WebSphere
4 3 (1.32%) Confluence
5 2 (0.88%) Apache
6 1 (0.44%) CICS
6 1 (0.44%) MQSeries
6 1 (0.44%) MS Exchange
Applications
1 4 (1.76%) MS Excel
2 2 (0.88%) MS Office
3 1 (0.44%) MS PowerPoint
Business Applications
1 3 (1.32%) Summit
2 2 (0.88%) Bloomberg TOMS
3 1 (0.44%) Eikon
3 1 (0.44%) Front Arena
3 1 (0.44%) ION MarketView
3 1 (0.44%) Loan IQ
3 1 (0.44%) MetaTrader
3 1 (0.44%) RMDS
3 1 (0.44%) SAP BPC
3 1 (0.44%) SAP FI
3 1 (0.44%) SimCorp Dimension
3 1 (0.44%) SunGard Martini
Cloud Services
1 1 (0.44%) Cloud Computing
Communications & Networking
1 4 (1.76%) TCP/IP
2 2 (0.88%) Firewall
2 2 (0.88%) LAN
2 2 (0.88%) SAN
3 1 (0.44%) NAS
3 1 (0.44%) NGN
3 1 (0.44%) SNA
3 1 (0.44%) WAN
Database & Business Intelligence
1 13 (5.73%) SQL Server
2 5 (2.20%) Data Mart
3 4 (1.76%) Big Data
3 4 (1.76%) Hadoop
3 4 (1.76%) KDB
4 3 (1.32%) Apache Cassandra
4 3 (1.32%) Data Warehouse
4 3 (1.32%) SQL Server 2008
4 3 (1.32%) SQL Server Integration Services
4 3 (1.32%) SQL Server Reporting Services
5 2 (0.88%) Oracle Database
5 2 (0.88%) Relational Database
5 2 (0.88%) Tick Data
6 1 (0.44%) InfluxDB
6 1 (0.44%) MS Access
6 1 (0.44%) MySQL
6 1 (0.44%) QlikView
6 1 (0.44%) RDBMS
6 1 (0.44%) SQL Server 2005
Development Applications
1 22 (9.69%) Maven
2 15 (6.61%) JIRA
3 10 (4.41%) Selenium
4 8 (3.52%) Jenkins
5 5 (2.20%) Cucumber
5 5 (2.20%) EasyMock
5 5 (2.20%) JUnit
5 5 (2.20%) Mockito
6 4 (1.76%) TeamCity
7 3 (1.32%) Artifactory
7 3 (1.32%) Gradle
8 1 (0.44%) Ant
8 1 (0.44%) FitNesse
8 1 (0.44%) Grunt
8 1 (0.44%) gulp
8 1 (0.44%) MSBuild
8 1 (0.44%) Oracle APEX
8 1 (0.44%) SoapUI
8 1 (0.44%) Team Foundation Server
8 1 (0.44%) WebDriver
General
1 98 (43.17%) Front Office
2 92 (40.53%) Finance
3 80 (35.24%) Banking
4 49 (21.59%) Investment Banking
5 17 (7.49%) Back Office
6 2 (0.88%) Legal
6 2 (0.88%) Retail
6 2 (0.88%) Telecoms
7 1 (0.44%) Advertising
7 1 (0.44%) Financial Institution
7 1 (0.44%) Games
7 1 (0.44%) Spanish Language
Job Titles
1 128 (56.39%) Developer
2 46 (20.26%) Java Developer
3 40 (17.62%) Analyst
3 40 (17.62%) Senior Developer
4 25 (11.01%) C++ Developer
5 20 (8.81%) Business Analyst
6 19 (8.37%) C# Developer
7 18 (7.93%) Senior Java Developer
8 14 (6.17%) Front Office Developer
8 14 (6.17%) Project Manager
9 13 (5.73%) Agile Developer
9 13 (5.73%) Agile Java Developer
10 10 (4.41%) Applications Support
10 10 (4.41%) Test Analyst
11 9 (3.96%) C# WPF Developer
11 9 (3.96%) WPF Developer
12 8 (3.52%) Front End Developer (Client-Side Developer)
12 8 (3.52%) Senior C# Developer
12 8 (3.52%) Senior Front-End Developer
13 7 (3.08%) Murex Developer
Libraries, Frameworks & Software Standards
1 26 (11.45%) HTML
2 19 (8.37%) JMS
3 18 (7.93%) FIX Protocol
4 17 (7.49%) .NET
4 17 (7.49%) WPF
5 16 (7.05%) HTML5
6 15 (6.61%) CSS
7 13 (5.73%) AngularJS
8 12 (5.29%) XML
9 10 (4.41%) Spring
10 9 (3.96%) Middleware
10 9 (3.96%) Reactive Extensions
11 8 (3.52%) WCF
12 7 (3.08%) SOAP
13 6 (2.64%) Apache Camel
13 6 (2.64%) Boost C++ Libraries
13 6 (2.64%) Java EE
13 6 (2.64%) STL
14 5 (2.20%) Spring Boot
14 5 (2.20%) Task Parallel Library
Miscellaneous
1 55 (24.23%) Derivative
2 43 (18.94%) Fixed Income
3 34 (14.98%) Equities
4 21 (9.25%) Analytical Skills
5 14 (6.17%) Algorithms
6 10 (4.41%) Data Structures
7 9 (3.96%) Market Risk
8 6 (2.64%) Mathematics
9 4 (1.76%) Grid Computing
9 4 (1.76%) SWIFT
10 3 (1.32%) Computer Science
10 3 (1.32%) Data Centre
10 3 (1.32%) Equity Derivative
10 3 (1.32%) OTC Derivatives
11 2 (0.88%) Credit Derivative
11 2 (0.88%) Data Extraction
11 2 (0.88%) Hedge funds
11 2 (0.88%) Management Information System
11 2 (0.88%) Statistics
11 2 (0.88%) Swaptions
Operating Systems
1 54 (23.79%) Linux
2 37 (16.30%) Unix
3 15 (6.61%) Windows
4 3 (1.32%) Solaris
5 2 (0.88%) Red Hat Enterprise Linux
5 2 (0.88%) Windows Server
6 1 (0.44%) Windows 7
6 1 (0.44%) Windows 8
6 1 (0.44%) Windows Server 2008
6 1 (0.44%) Windows Server 2012
Processes & Methodologies
1 57 (25.11%) Multithreading
2 46 (20.26%) Agile Software Development
3 36 (15.86%) Low Latency
4 31 (13.66%) Electronic Trading
4 31 (13.66%) TDD
5 22 (9.69%) OO
5 22 (9.69%) Unit Testing
6 20 (8.81%) BDD
7 18 (7.93%) Algorithmic Trading
8 16 (7.05%) Risk Management
9 13 (5.73%) Business Analysis
9 13 (5.73%) MVVM
10 12 (5.29%) Market Making
11 10 (4.41%) FX Algorithmic Trading
11 10 (4.41%) Project Management
11 10 (4.41%) Stakeholder Management
12 9 (3.96%) Automated Testing
12 9 (3.96%) E-Commerce
12 9 (3.96%) Front End Development
12 9 (3.96%) Scrum
Programming Languages
1 94 (41.41%) Java
2 55 (24.23%) SQL
3 50 (22.03%) C#
4 43 (18.94%) C++
5 22 (9.69%) JavaScript
6 18 (7.93%) Python
7 11 (4.85%) Shell Script
8 10 (4.41%) Perl
9 9 (3.96%) TypeScript
10 7 (3.08%) Bash Shell
11 6 (2.64%) PL/SQL
12 5 (2.20%) T-SQL
13 4 (1.76%) Haskell
13 4 (1.76%) MATLAB
13 4 (1.76%) Scala
14 3 (1.32%) R
15 2 (0.88%) C
15 2 (0.88%) VBA
16 1 (0.44%) PHP
16 1 (0.44%) VBScript
Qualifications
1 14 (6.17%) Degree
1 14 (6.17%) PhD
2 2 (0.88%) ISEB
2 2 (0.88%) ISTQB
2 2 (0.88%) PMP
3 1 (0.44%) CFA
3 1 (0.44%) ISTQB Foundation Certification
3 1 (0.44%) PRINCE2 Certification
3 1 (0.44%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 10 (4.41%) QA
2 4 (1.76%) MiFID
3 2 (0.88%) Dodd-Frank
3 2 (0.88%) EMIR
3 2 (0.88%) SDET
System Software
1 1 (0.44%) vCloud
1 1 (0.44%) VMware ESX
1 1 (0.44%) VMware Infrastructure
Systems Management
1 3 (1.32%) Ansible
1 3 (1.32%) ITRS Geneos
1 3 (1.32%) Puppet
2 2 (0.88%) Nagios
3 1 (0.44%) BMC PATROL
3 1 (0.44%) Control-M
3 1 (0.44%) Grafana
3 1 (0.44%) Graphite
3 1 (0.44%) HP Quality Center
3 1 (0.44%) NetBackup
3 1 (0.44%) Thomson Reuters DACS
Vendors
1 24 (10.57%) Murex
1 24 (10.57%) Oracle
2 11 (4.85%) Sybase
3 8 (3.52%) Calypso
4 7 (3.08%) Bloomberg
5 6 (2.64%) DevExpress
5 6 (2.64%) Microsoft
5 6 (2.64%) TIBCO
6 5 (2.20%) DataSynapse
7 3 (1.32%) Atlassian
7 3 (1.32%) FXall
7 3 (1.32%) Reuters
8 2 (0.88%) Fidessa
8 2 (0.88%) MarketAxess
8 2 (0.88%) Red Hat
8 2 (0.88%) SAP
8 2 (0.88%) Splunk
8 2 (0.88%) SunGard
8 2 (0.88%) VMware
9 1 (0.44%) Teradata
City, London
McGregor Boyall
Rate: £300 - £450 per week + depending experience
Posted: 2 days ago
City, London
TEKsystems
Rate: £650 - £850 per day
Posted: 4 days ago