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 average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 23 October 2014 with a comparison to the same period in 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.

Location
3 months to
23 Oct 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 52 43 34
Rank change year-on-year
-9 -9
Contract jobs citing Foreign Exchange (FX) 198 287 331
As % of all contract IT jobs located in the City of London 3.31% 4.00% 4.70%
As % of the Miscellaneous category 9.58% 10.54% 12.36%
Number of daily rates quoted 172 251 263
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £575 £590
Average daily rate % change year-on-year
+4.34% -2.54%
90% offered a daily rate of more than £475 £450 £450
10% offered a daily rate of more than £725 £700 £688
UK excluding London average daily rate £400 £450 £245
% change year-on-year
-11.11% +83.67%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £90.00 -
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
2067 2723 2679
As % of all contract IT jobs located in the City of London 34.52% 37.98% 38.00%
Number of daily rates quoted 1564 2057 1978
Average daily rate £470 £475 £499
Average daily rate % change year-on-year
-1.05% -4.76%
90% offered a daily rate of more than £285 £300 £275
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.14% -
Number of hourly rates quoted 35 52 66
Average hourly rate £16.00 £19.50 £22.50
Average hourly rate % change year-on-year
-17.94% -13.33%
90% offered a hourly rate of more than £10.50 £13.50 £12.90
10% offered a hourly rate of more than £22.00 £32.75 £41.20
UK excluding London average hourly rate £17.50 £17.69 £21.00
% change year-on-year
-1.07% -15.76%

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

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the City of London region as a proportion of the total demand within 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 23 October 2014.

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 23 October 2014, IT contractor jobs across the City of London region citing Foreign Exchange (FX) also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX).

1 182 (46.55%) Front Office
2 174 (44.50%) Banking
3 173 (44.25%) Java
4 130 (33.25%) Finance
5 120 (30.69%) SQL
6 118 (30.18%) Multithreading
7 110 (28.13%) Low Latency
8 100 (25.58%) Investment Banking
9 93 (23.79%) Agile Software Development
10 83 (21.23%) C++
10 83 (21.23%) Derivative
11 77 (19.69%) E-Commerce
12 70 (17.90%) Linux
13 65 (16.62%) Fixed Income
14 63 (16.11%) C#
15 57 (14.58%) UNIX
16 55 (14.07%) Algorithmic Trading
17 51 (13.04%) Risk Management
18 50 (12.79%) Oracle
19 37 (9.46%) Windows
20 36 (9.21%) Equities
21 34 (8.70%) Analytical Skills
22 33 (8.44%) Performance Tuning
22 33 (8.44%) Degree
22 33 (8.44%) Python
23 30 (7.67%) VWAP
23 30 (7.67%) TWAP
24 28 (7.16%) Perl
24 28 (7.16%) .NET
24 28 (7.16%) Murex

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

For the 6 months to 23 October 2014, IT contractor jobs across the City of London region citing Foreign Exchange (FX) also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Foreign Exchange (FX). Up to 20 skills are shown per category.

Application Platforms
1 10 (2.56%) Oracle Coherence
2 5 (1.28%) WebSphere
3 4 (1.02%) TIBCO EMS
3 4 (1.02%) Confluence
4 3 (0.77%) WebLogic
4 3 (0.77%) Tomcat
5 2 (0.51%) IIS
5 2 (0.51%) Apache
5 2 (0.51%) Oracle Workflow
6 1 (0.26%) JBoss
6 1 (0.26%) Oracle HTTP Server
Applications
1 5 (1.28%) Spreadsheet
2 4 (1.02%) MS Office
2 4 (1.02%) MS Excel
3 1 (0.26%) MS Visio
3 1 (0.26%) Adobe Illustrator
3 1 (0.26%) MS PowerPoint
3 1 (0.26%) OmniGraffle
3 1 (0.26%) MS Project
Business Applications
1 12 (3.07%) RMDS
2 4 (1.02%) Oracle EBS
3 3 (0.77%) ION MarketView
4 2 (0.51%) Bloomberg TOMS
4 2 (0.51%) Markit EDM
4 2 (0.51%) Murex MxG2000
5 1 (0.26%) SunGard Stream Clearvision
5 1 (0.26%) Dynamics CRM
5 1 (0.26%) Global One
5 1 (0.26%) Tesseract
5 1 (0.26%) Minerva
5 1 (0.26%) Sentinel
Communications & Networking
1 18 (4.60%) TCP/IP
2 13 (3.32%) Multicast
3 7 (1.79%) Firewall
4 5 (1.28%) HTTP
5 4 (1.02%) NetScaler
6 1 (0.26%) NAS
6 1 (0.26%) FCoE
6 1 (0.26%) Fibre Channel
6 1 (0.26%) DNS
6 1 (0.26%) SAN
6 1 (0.26%) LAN
6 1 (0.26%) VoIP
6 1 (0.26%) WAN
Database & Business Intelligence
1 25 (6.39%) Relational Database
2 23 (5.88%) SQL Server
3 14 (3.58%) KDB
4 12 (3.07%) Big Data
5 5 (1.28%) Hadoop
5 5 (1.28%) MongoDB
6 3 (0.77%) SQL Server Reporting Services
6 3 (0.77%) ObjectStore
6 3 (0.77%) SQL Server Integration Services
7 2 (0.51%) Oracle Database
7 2 (0.51%) RDBMS
7 2 (0.51%) Data Mart
7 2 (0.51%) Hazelcast
8 1 (0.26%) IBM InfoSphere
8 1 (0.26%) SQL Server 2012
8 1 (0.26%) HBase
8 1 (0.26%) SQL Server 2008
8 1 (0.26%) OLAP
8 1 (0.26%) Data Mining
8 1 (0.26%) SAP BW
Development Applications
1 18 (4.60%) TeamCity
2 12 (3.07%) Maven
2 12 (3.07%) JIRA
3 9 (2.30%) Selenium
4 8 (2.05%) NUnit
4 8 (2.05%) JUnit
4 8 (2.05%) WebDriver
4 8 (2.05%) Grunt
4 8 (2.05%) Bower
5 6 (1.53%) QuickTest Pro
5 6 (1.53%) FitNesse
6 5 (1.28%) Git (software)
7 4 (1.02%) Cucumber
7 4 (1.02%) Ant
8 3 (0.77%) CruiseControl
8 3 (0.77%) Subversion
8 3 (0.77%) Visual Studio
9 2 (0.51%) LoadRunner
9 2 (0.51%) JBehave
9 2 (0.51%) Gradle
General
1 182 (46.55%) Front Office
2 174 (44.50%) Banking
3 130 (33.25%) Finance
4 100 (25.58%) Investment Banking
5 17 (4.35%) Back Office
6 10 (2.56%) Financial Institution
7 9 (2.30%) Retail
8 3 (0.77%) Marketing
9 2 (0.51%) Legal
9 2 (0.51%) Advertising
9 2 (0.51%) Games
10 1 (0.26%) Telecoms
10 1 (0.26%) French Language
10 1 (0.26%) German Language
10 1 (0.26%) Italian Language
10 1 (0.26%) Corporate Banking
Job Titles
1 194 (49.62%) Developer
2 77 (19.69%) Java Developer
3 76 (19.44%) Analyst
4 44 (11.25%) C++ Developer
5 41 (10.49%) Business Analyst
6 33 (8.44%) Senior Developer
7 22 (5.63%) C# Developer
8 21 (5.37%) Project Manager
9 17 (4.35%) Architect
9 17 (4.35%) Quantitative Developer
10 15 (3.84%) Applications Support
11 13 (3.32%) Support Analyst
12 11 (2.81%) Test Analyst
12 11 (2.81%) C++ Quantitative Developer
13 10 (2.56%) Web Developer
14 9 (2.30%) Senior Java Developer
14 9 (2.30%) IT Business Analyst
14 9 (2.30%) Python Developer
15 8 (2.05%) WPF Developer
16 7 (1.79%) Java Swing Developer
Libraries, Frameworks & Software Standards
1 28 (7.16%) .NET
2 27 (6.91%) HTML
3 24 (6.14%) FIX Protocol
4 20 (5.12%) HTML5
5 19 (4.86%) XML
6 18 (4.60%) WPF
7 16 (4.09%) CSS
8 14 (3.58%) Middleware
9 13 (3.32%) Spring
10 12 (3.07%) Rendezvous
11 10 (2.56%) JMS
12 9 (2.30%) STL
12 9 (2.30%) Hibernate
12 9 (2.30%) Boost C++ Libraries
12 9 (2.30%) AngularJS
13 8 (2.05%) FpML
13 8 (2.05%) XSLT
13 8 (2.05%) Swing
13 8 (2.05%) Web Services
14 7 (1.79%) Apache Flex
Miscellaneous
1 83 (21.23%) Derivative
2 65 (16.62%) Fixed Income
3 36 (9.21%) Equities
4 34 (8.70%) Analytical Skills
5 30 (7.67%) TWAP
5 30 (7.67%) VWAP
6 21 (5.37%) Algorithms
7 16 (4.09%) Mathematics
8 15 (3.84%) Computer Science
9 12 (3.07%) Field-Programmable Gate Array
9 12 (3.07%) User Experience
9 12 (3.07%) Market Risk
10 9 (2.30%) Credit Risk
10 9 (2.30%) Data Structures
11 8 (2.05%) Hedge funds
11 8 (2.05%) Grid Computing
12 7 (1.79%) Equity Derivative
13 5 (1.28%) Interest Rate Derivative
13 5 (1.28%) Physics
14 4 (1.02%) N-Tier
Operating Systems
1 70 (17.90%) Linux
2 57 (14.58%) UNIX
3 37 (9.46%) Windows
4 6 (1.53%) Solaris
5 4 (1.02%) Red Hat Enterprise Linux
6 1 (0.26%) Windows XP
Processes & Methodologies
1 118 (30.18%) Multithreading
2 110 (28.13%) Low Latency
3 93 (23.79%) Agile Software Development
4 77 (19.69%) E-Commerce
5 55 (14.07%) Algorithmic Trading
6 51 (13.04%) Risk Management
7 33 (8.44%) Performance Tuning
8 27 (6.91%) TDD
9 24 (6.14%) Business Analysis
10 21 (5.37%) Electronic Trading
11 19 (4.86%) Software Engineering
12 17 (4.35%) Scrum
12 17 (4.35%) Project Management
12 17 (4.35%) OO
12 17 (4.35%) Analytics
13 16 (4.09%) Migration
14 14 (3.58%) BDD
14 14 (3.58%) Ultra-Low Latency
15 13 (3.32%) Validation
16 12 (3.07%) User Acceptance Testing
Programming Languages
1 173 (44.25%) Java
2 120 (30.69%) SQL
3 83 (21.23%) C++
4 63 (16.11%) C#
5 33 (8.44%) Python
6 28 (7.16%) Perl
7 26 (6.65%) JavaScript
8 11 (2.81%) Shell Script
9 5 (1.28%) Korn
9 5 (1.28%) Bash Shell
10 4 (1.02%) C
11 3 (0.77%) T-SQL
12 2 (0.51%) PL/SQL
12 2 (0.51%) AWK
12 2 (0.51%) VB.NET
12 2 (0.51%) VBA
12 2 (0.51%) C-shell
13 1 (0.26%) R
13 1 (0.26%) TypeScript
13 1 (0.26%) XPath
Qualifications
1 33 (8.44%) Degree
2 6 (1.53%) PhD
3 5 (1.28%) ISEB
4 2 (0.51%) ISTQB
5 1 (0.26%) HNC
5 1 (0.26%) HND
Quality Assurance & Compliance
1 14 (3.58%) QA
2 11 (2.81%) EMIR
3 8 (2.05%) Dodd-Frank
4 3 (0.77%) MiFID
5 2 (0.51%) Data Quality
5 2 (0.51%) Basel II
6 1 (0.26%) ISO 9001
6 1 (0.26%) Basel III
System Software
1 5 (1.28%) Oracle RAC
2 1 (0.26%) SRDF
2 1 (0.26%) NFS
Systems Management
1 7 (1.79%) HP Quality Center
2 6 (1.53%) ITRS Geneos
3 5 (1.28%) Nagios
4 4 (1.02%) Tivoli
4 4 (1.02%) BMC PATROL
4 4 (1.02%) Control-M
5 1 (0.26%) ServiceCenter
5 1 (0.26%) Salt
5 1 (0.26%) Puppet
5 1 (0.26%) Opscode Chef
Vendors
1 50 (12.79%) Oracle
2 28 (7.16%) Murex
3 22 (5.63%) TIBCO
4 19 (4.86%) 29West
5 18 (4.60%) Sybase
6 9 (2.30%) Adobe
7 7 (1.79%) Microsoft
8 6 (1.53%) HP
9 5 (1.28%) Reuters
9 5 (1.28%) Bloomberg
9 5 (1.28%) Remedy
9 5 (1.28%) ION Trading
10 4 (1.02%) DataSynapse
10 4 (1.02%) Red Hat
11 3 (0.77%) Cognizant
11 3 (0.77%) Charles River
12 2 (0.51%) Tradeweb
12 2 (0.51%) Fidessa
12 2 (0.51%) IBM
12 2 (0.51%) Sun
City, London
Aston Carter
Rate: £600 - £700 per day
Posted: 9 hours ago
City, London
Harrington Starr
Rate: £450 per day
Posted: 11 hours ago
City, London
TEKsystems
Rate: £750 - £950 per day
Posted: 11 hours ago
City of London
Real Staffing
Rate: £750 - £900 per day
Posted: Yesterday
City of London
Huxley Associates
Rate: £500 - £585 per day + competitive
Posted: 2 days ago
City, London
Montash
Rate: £500 - £600 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £500 - £800 per day
Posted: 4 days ago
City of London
Huxley Associates
Rate: £620 - £720 per day + competitive
Posted: 6 days ago
City of London
Huxley Associates
Rate: £600 - £675 per day + competitive
Posted: 10 days ago
City of London
Huxley Associates
Rate: £450 - £500 per day + competitive
Posted: 14 days ago
City of London
Hays IT - Uk Posting account
Rate: £650.00 - £700.00 per day
Posted: 15 days ago
City of London
Real Staffing
Rate: £400 - £500 per day + competitive
Posted: 17 days ago
City of London
Orgtel
Rate: £400 - £500 per day
Posted: 17 days ago
City of London
Real Staffing
Rate: £500 - £540 per annum + competitive
Posted: 21 days ago
City of London
Huxley Associates
Rate: £550 - £600 per day + competitive
Posted: 22 days ago