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 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 68 58 60
Rank change year-on-year
-10 +2
Contract jobs citing Foreign Exchange (FX) 119 162 184
As % of all contract IT jobs located in the City of London 3.46% 3.50% 3.18%
As % of the Miscellaneous category 8.49% 8.98% 8.61%
Number of daily rates quoted 101 132 147
Median daily rate £575 £575 £600
Median daily rate % change year-on-year
- -4.16%
90% offered a daily rate of more than £438 £403 £450
10% offered a daily rate of more than £700 £725 £770
UK excluding London median daily rate £351 £650 £400
% change year-on-year
-46.07% +62.50%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £16.50 -
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
1402 1804 2136
As % of all contract IT jobs located in the City of London 40.77% 38.96% 36.87%
Number of daily rates quoted 1098 1425 1536
Median daily rate £475 £475 £470
Median daily rate % change year-on-year
- +1.06%
90% offered a daily rate of more than £320 £292 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 9 30 54
Median hourly rate £17.25 £17.98 £18.50
Median hourly rate % change year-on-year
-4.06% -2.81%
90% offered a hourly rate of more than £12.50 £12.00 £12.10
10% offered a hourly rate of more than £45.50 £25.00 £33.65
UK excluding London median hourly rate £21.00 £18.88 £17.63
% change year-on-year
+11.22% +7.12%

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 27 September 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 27 September 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 93 (45.15%) Finance
2 90 (43.69%) Banking
3 84 (40.78%) Front Office
4 83 (40.29%) Java
5 56 (27.18%) Investment Banking
6 49 (23.79%) Multithreading
7 48 (23.30%) SQL
8 45 (21.84%) Agile Software Development
9 40 (19.42%) Derivative
10 38 (18.45%) Linux
10 38 (18.45%) Low Latency
11 37 (17.96%) Fixed Income
12 35 (16.99%) C#
13 33 (16.02%) Electronic Trading
14 32 (15.53%) Risk Management
15 30 (14.56%) C++
16 29 (14.08%) Unix
16 29 (14.08%) Equities
17 28 (13.59%) Murex
18 23 (11.17%) TDD
19 22 (10.68%) HTML
20 21 (10.19%) Python
20 21 (10.19%) Business Analysis
21 20 (9.71%) Oracle
22 19 (9.22%) SQL Server
22 19 (9.22%) Maven
23 18 (8.74%) Back Office
23 18 (8.74%) Market Risk
24 17 (8.25%) FIX Protocol
24 17 (8.25%) Unit Testing

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 10 (4.85%) Apache Spark
2 6 (2.91%) WebSphere
3 3 (1.46%) Confluence
3 3 (1.46%) IIS
4 2 (0.97%) MQSeries
5 1 (0.49%) Apache
5 1 (0.49%) CICS
5 1 (0.49%) MS Exchange
5 1 (0.49%) Tomcat
Applications
1 3 (1.46%) MS Excel
2 2 (0.97%) MS Office
3 1 (0.49%) MS PowerPoint
3 1 (0.49%) MS Project
Business Applications
1 4 (1.94%) RMDS
2 2 (0.97%) Bloomberg TOMS
2 2 (0.97%) ION MarketView
3 1 (0.49%) Eikon
3 1 (0.49%) Findur
3 1 (0.49%) MetaTrader
3 1 (0.49%) SAP BPC
3 1 (0.49%) SAP FI
Cloud Services
1 1 (0.49%) Amazon AWS
1 1 (0.49%) Cloud Computing
1 1 (0.49%) Microsoft Azure
Communications & Networking
1 7 (3.40%) TCP/IP
2 3 (1.46%) SAN
3 2 (0.97%) Firewall
3 2 (0.97%) LAN
4 1 (0.49%) Internet
4 1 (0.49%) NAS
4 1 (0.49%) NGN
4 1 (0.49%) SNA
4 1 (0.49%) WAN
Database & Business Intelligence
1 19 (9.22%) SQL Server
2 12 (5.83%) Hadoop
3 11 (5.34%) Big Data
4 6 (2.91%) Apache Cassandra
4 6 (2.91%) Data Mart
4 6 (2.91%) SQL Server 2008
5 5 (2.43%) Relational Database
5 5 (2.43%) SQL Server Integration Services
5 5 (2.43%) SQL Server Reporting Services
6 4 (1.94%) Data Lake
6 4 (1.94%) HBase
6 4 (1.94%) SQL Server 2012
7 1 (0.49%) InfluxDB
7 1 (0.49%) KDB
7 1 (0.49%) Kdb+
7 1 (0.49%) Oracle OLAP
7 1 (0.49%) QlikView
7 1 (0.49%) SQL Server 2014
7 1 (0.49%) SQL Server Analysis Services
7 1 (0.49%) Tick Data
Development Applications
1 19 (9.22%) Maven
2 9 (4.37%) JIRA
3 8 (3.88%) JUnit
3 8 (3.88%) Subversion
4 7 (3.40%) Jenkins
5 5 (2.43%) Gradle
6 4 (1.94%) Cucumber
6 4 (1.94%) Git (software)
6 4 (1.94%) JSUnit
6 4 (1.94%) PHPUnit
6 4 (1.94%) TeamCity
7 3 (1.46%) Artifactory
7 3 (1.46%) Selenium
7 3 (1.46%) TestDirector
8 2 (0.97%) Grunt
9 1 (0.49%) Bower
9 1 (0.49%) FitNesse
9 1 (0.49%) gulp
9 1 (0.49%) MSBuild
9 1 (0.49%) Vagrant
General
1 93 (45.15%) Finance
2 90 (43.69%) Banking
3 84 (40.78%) Front Office
4 56 (27.18%) Investment Banking
5 18 (8.74%) Back Office
6 8 (3.88%) Financial Institution
7 3 (1.46%) Legal
7 3 (1.46%) Retail
8 2 (0.97%) Advertising
9 1 (0.49%) General Ledger
9 1 (0.49%) Spanish Language
Job Titles
1 100 (48.54%) Developer
2 49 (23.79%) Analyst
3 47 (22.82%) Java Developer
4 30 (14.56%) Business Analyst
5 24 (11.65%) Senior Developer
6 17 (8.25%) C++ Developer
7 15 (7.28%) Consultant
8 14 (6.80%) Senior Java Developer
9 13 (6.31%) Agile Developer
9 13 (6.31%) Agile Java Developer
10 12 (5.83%) C# Developer
11 11 (5.34%) Project Manager
12 9 (4.37%) Test Consultant
13 8 (3.88%) Banking Analyst
13 8 (3.88%) Front Office Developer
13 8 (3.88%) Senior Analyst
13 8 (3.88%) Test Automation Consultant
14 7 (3.40%) Developer in Test
14 7 (3.40%) Market Risk Developer
14 7 (3.40%) Market Risk Java Developer
Libraries, Frameworks & Software Standards
1 22 (10.68%) HTML
2 17 (8.25%) FIX Protocol
3 14 (6.80%) HTML5
4 13 (6.31%) AngularJS
5 11 (5.34%) JMS
6 10 (4.85%) .NET
7 9 (4.37%) WPF
8 8 (3.88%) Middleware
8 8 (3.88%) XML
9 5 (2.43%) ASP.NET
9 5 (2.43%) CSS
9 5 (2.43%) Rendezvous
9 5 (2.43%) Swing
9 5 (2.43%) WCF
10 4 (1.94%) Boost C++ Libraries
10 4 (1.94%) Node.js
10 4 (1.94%) RESTful
10 4 (1.94%) Spring
10 4 (1.94%) STL
11 3 (1.46%) .NET Framework
Miscellaneous
1 40 (19.42%) Derivative
2 37 (17.96%) Fixed Income
3 29 (14.08%) Equities
4 18 (8.74%) Market Risk
5 17 (8.25%) Analytical Skills
6 12 (5.83%) Algorithms
7 8 (3.88%) Mathematics
8 7 (3.40%) Data Structures
9 4 (1.94%) Computer Science
9 4 (1.94%) Hedge funds
9 4 (1.94%) N-Tier
10 3 (1.46%) Credit Risk
10 3 (1.46%) Equity Derivative
10 3 (1.46%) SWIFT
11 2 (0.97%) Management Information System
11 2 (0.97%) OTC Derivatives
11 2 (0.97%) Statistics
11 2 (0.97%) Swaptions
11 2 (0.97%) User Experience
12 1 (0.49%) Virtual Team
Operating Systems
1 38 (18.45%) Linux
2 29 (14.08%) Unix
3 14 (6.80%) Windows
4 3 (1.46%) Solaris
5 2 (0.97%) Windows Server 2008
5 2 (0.97%) Windows Server 2012
6 1 (0.49%) Red Hat Enterprise Linux
6 1 (0.49%) Windows Server
Processes & Methodologies
1 49 (23.79%) Multithreading
2 45 (21.84%) Agile Software Development
3 38 (18.45%) Low Latency
4 33 (16.02%) Electronic Trading
5 32 (15.53%) Risk Management
6 23 (11.17%) TDD
7 21 (10.19%) Business Analysis
8 17 (8.25%) BDD
8 17 (8.25%) Unit Testing
9 14 (6.80%) Algorithmic Trading
10 13 (6.31%) DevOps
10 13 (6.31%) Open Source
10 13 (6.31%) Scrum
11 12 (5.83%) Analytics
11 12 (5.83%) E-Commerce
11 12 (5.83%) Project Management
12 11 (5.34%) Continuous Integration
12 11 (5.34%) OO
13 10 (4.85%) SDLC
14 9 (4.37%) Asset Management
Programming Languages
1 83 (40.29%) Java
2 48 (23.30%) SQL
3 35 (16.99%) C#
4 30 (14.56%) C++
5 21 (10.19%) Python
6 17 (8.25%) JavaScript
7 10 (4.85%) Scala
8 7 (3.40%) Haskell
9 5 (2.43%) Perl
9 5 (2.43%) Shell Script
10 3 (1.46%) MATLAB
10 3 (1.46%) R
10 3 (1.46%) T-SQL
11 2 (0.97%) C
11 2 (0.97%) PL/SQL
11 2 (0.97%) VBA
12 1 (0.49%) PHP
12 1 (0.49%) RPG
12 1 (0.49%) VBScript
12 1 (0.49%) XAML
Qualifications
1 9 (4.37%) Degree
2 7 (3.40%) PhD
3 2 (0.97%) CFA
4 1 (0.49%) ISEB
4 1 (0.49%) ISTQB Foundation Certification
4 1 (0.49%) MBA
4 1 (0.49%) PMP
4 1 (0.49%) PRINCE2 Certification
4 1 (0.49%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 9 (4.37%) MiFID
2 7 (3.40%) QA
2 7 (3.40%) SDET
3 4 (1.94%) Dodd-Frank
3 4 (1.94%) SLA
4 2 (0.97%) Basel II
4 2 (0.97%) Basel III
4 2 (0.97%) EMIR
System Software
1 5 (2.43%) VMware Infrastructure
2 4 (1.94%) HDFS
3 2 (0.97%) VMware ESX
4 1 (0.49%) Docker
4 1 (0.49%) vCloud
Systems Management
1 11 (5.34%) Puppet
2 3 (1.46%) Ansible
2 3 (1.46%) ITRS Geneos
3 2 (0.97%) Nagios
3 2 (0.97%) NetBackup
4 1 (0.49%) BMC PATROL
4 1 (0.49%) Control-M
4 1 (0.49%) Grafana
4 1 (0.49%) Graphite
4 1 (0.49%) HP Quality Center
4 1 (0.49%) Thomson Reuters DACS
Vendors
1 28 (13.59%) Murex
2 20 (9.71%) Oracle
3 10 (4.85%) Sybase
4 7 (3.40%) VMware
5 6 (2.91%) Bloomberg
5 6 (2.91%) Calypso
5 6 (2.91%) HP
5 6 (2.91%) TIBCO
6 5 (2.43%) ION Trading
7 4 (1.94%) CheckPoint
7 4 (1.94%) Cisco
7 4 (1.94%) Fortinet
7 4 (1.94%) FXall
7 4 (1.94%) IBM
8 3 (1.46%) Atlassian
8 3 (1.46%) Microsoft
8 3 (1.46%) SAP
8 3 (1.46%) Solace
8 3 (1.46%) Splunk
9 2 (0.97%) Currenex
City, London
Spring Technology
Posted: 5 hours ago
City, London
Client Server
Rate: £475 to £500 p/day
Posted: Yesterday
City, London
Oliver Bernard
Posted: 6 hours ago
City, London
Haysfm
Rate: £450.00 - £550.00 per day
Posted: Yesterday