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 7 December 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
7 Dec 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 50 55 61
Rank change year-on-year
+5 +6
Contract jobs citing Foreign Exchange (FX) 133 122 175
As % of all contract IT jobs located in the City of London 4.16% 3.53% 3.05%
As % of the Miscellaneous category 10.20% 8.79% 8.12%
Number of daily rates quoted 106 73 161
Median daily rate £600 £575 £600
Median daily rate % change year-on-year
+4.34% -4.16%
90% offered a daily rate of more than £475 £353 £450
10% offered a daily rate of more than £700 £725 £725
UK excluding London median daily rate £375 £575 £401
% change year-on-year
-34.78% +43.30%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £11.38
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
1304 1388 2154
As % of all contract IT jobs located in the City of London 40.75% 40.12% 37.57%
Number of daily rates quoted 981 1068 1669
Median daily rate £515 £500 £450
Median daily rate % change year-on-year
+3.00% +11.11%
90% offered a daily rate of more than £338 £300 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 19 19 38
Median hourly rate £19.00 £20.25 £15.50
Median hourly rate % change year-on-year
-6.17% +30.64%
90% offered a hourly rate of more than £13.70 £12.70 £11.60
10% offered a hourly rate of more than £55.00 £30.85 £22.20
UK excluding London median hourly rate £18.91 £20.00 £16.72
% change year-on-year
-5.46% +19.61%

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 7 December 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 7 December 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).

1 115 (49.36%) Finance
1 115 (49.36%) Banking
2 92 (39.48%) Front Office
3 80 (34.33%) Java
4 65 (27.90%) Investment Banking
5 62 (26.61%) Derivative
6 61 (26.18%) Agile Software Development
7 52 (22.32%) Risk Management
8 50 (21.46%) Multithreading
9 48 (20.60%) SQL
10 45 (19.31%) Fixed Income
10 45 (19.31%) Electronic Trading
11 44 (18.88%) Low Latency
12 39 (16.74%) Equities
13 34 (14.59%) Unix
14 30 (12.88%) Murex
14 30 (12.88%) Business Analysis
15 28 (12.02%) C++
16 27 (11.59%) C#
17 26 (11.16%) Market Risk
18 25 (10.73%) Linux
19 22 (9.44%) Python
19 22 (9.44%) HTML
19 22 (9.44%) Oracle
19 22 (9.44%) TDD
19 22 (9.44%) Analytics
20 21 (9.01%) Back Office
21 20 (8.58%) JavaScript
21 20 (8.58%) Scrum
22 19 (8.15%) Big Data

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 17 (7.30%) Apache Spark
2 5 (2.15%) IIS
3 4 (1.72%) Apache Pig
3 4 (1.72%) Confluence
4 2 (0.86%) WebSphere
5 1 (0.43%) Apache
5 1 (0.43%) MQSeries
5 1 (0.43%) Oracle Coherence
5 1 (0.43%) Oracle Workflow
5 1 (0.43%) SharePoint
5 1 (0.43%) Tomcat
Applications
1 2 (0.86%) MS Office
2 1 (0.43%) MS Project
2 1 (0.43%) Spreadsheet
Business Applications
1 4 (1.72%) RMDS
1 4 (1.72%) Summit
2 2 (0.86%) Bloomberg TOMS
2 2 (0.86%) Global One
2 2 (0.86%) ION MarketView
2 2 (0.86%) Minerva
2 2 (0.86%) Sentinel
2 2 (0.86%) Tesseract
3 1 (0.43%) Findur
3 1 (0.43%) Orchestrade
3 1 (0.43%) SAP BPC
Cloud Services
1 1 (0.43%) Amazon AWS
1 1 (0.43%) Cloud Computing
1 1 (0.43%) Microsoft Azure
Communications & Networking
1 7 (3.00%) TCP/IP
2 2 (0.86%) Firewall
2 2 (0.86%) LAN
3 1 (0.43%) FTP
3 1 (0.43%) Internet
3 1 (0.43%) Multicast
3 1 (0.43%) SAN
Database & Business Intelligence
1 19 (8.15%) Big Data
2 18 (7.73%) Hadoop
2 18 (7.73%) SQL Server
3 12 (5.15%) Apache Cassandra
4 8 (3.43%) Data Lake
5 5 (2.15%) Data Warehouse
5 5 (2.15%) HBase
5 5 (2.15%) KDB
5 5 (2.15%) SQL Server Integration Services
5 5 (2.15%) SQL Server Reporting Services
6 4 (1.72%) Relational Database
6 4 (1.72%) SQL Server 2008
6 4 (1.72%) SQL Server 2012
7 3 (1.29%) Data Mart
8 2 (0.86%) Oracle Database
9 1 (0.43%) Oracle Exadata
9 1 (0.43%) Oracle OLAP
9 1 (0.43%) SQL Server 2014
9 1 (0.43%) SQL Server Analysis Services
9 1 (0.43%) Tick Data
Development Applications
1 16 (6.87%) Maven
2 11 (4.72%) JIRA
3 9 (3.86%) Subversion
4 8 (3.43%) JUnit
5 7 (3.00%) Jenkins
6 6 (2.58%) Gradle
7 4 (1.72%) Cucumber
7 4 (1.72%) Git (software)
7 4 (1.72%) JSUnit
7 4 (1.72%) PHPUnit
7 4 (1.72%) TeamCity
7 4 (1.72%) TestDirector
8 3 (1.29%) Artifactory
9 2 (0.86%) Selenium
10 1 (0.43%) Atlassian Bamboo
10 1 (0.43%) Mockito
10 1 (0.43%) MSBuild
10 1 (0.43%) Oracle APEX
10 1 (0.43%) Team Foundation Server
10 1 (0.43%) Vagrant
General
1 115 (49.36%) Banking
1 115 (49.36%) Finance
2 92 (39.48%) Front Office
3 65 (27.90%) Investment Banking
4 21 (9.01%) Back Office
5 11 (4.72%) Financial Institution
6 3 (1.29%) Legal
7 2 (0.86%) Advertising
7 2 (0.86%) Retail
8 1 (0.43%) General Ledger
8 1 (0.43%) Spanish Language
Job Titles
1 100 (42.92%) Developer
2 64 (27.47%) Analyst
3 53 (22.75%) Java Developer
4 51 (21.89%) Business Analyst
5 31 (13.30%) Senior Developer
6 22 (9.44%) Senior Java Developer
7 16 (6.87%) FX Business Analyst
8 15 (6.44%) Market Risk Developer
8 15 (6.44%) Market Risk Java Developer
9 14 (6.01%) C++ Developer
10 12 (5.15%) Consultant
11 11 (4.72%) Agile Developer
11 11 (4.72%) Agile Java Developer
11 11 (4.72%) Support Analyst
12 10 (4.29%) C# Developer
12 10 (4.29%) Front Office Developer
12 10 (4.29%) Project Manager
12 10 (4.29%) Senior Market Risk Java Developer
13 9 (3.86%) Banking Analyst
13 9 (3.86%) Test Consultant
Libraries, Frameworks & Software Standards
1 22 (9.44%) HTML
2 18 (7.73%) FIX Protocol
3 14 (6.01%) HTML5
4 13 (5.58%) XML
5 12 (5.15%) AngularJS
6 11 (4.72%) .NET
7 10 (4.29%) Boost C++ Libraries
7 10 (4.29%) STL
8 9 (3.86%) JMS
9 8 (3.43%) WPF
10 6 (2.58%) Rendezvous
11 5 (2.15%) RESTful
11 5 (2.15%) Spring
12 4 (1.72%) ASP.NET
12 4 (1.72%) CSS3
12 4 (1.72%) FpML
12 4 (1.72%) Middleware
12 4 (1.72%) Node.js
12 4 (1.72%) Ultra Messaging
12 4 (1.72%) WCF
Miscellaneous
1 62 (26.61%) Derivative
2 45 (19.31%) Fixed Income
3 39 (16.74%) Equities
4 26 (11.16%) Market Risk
5 14 (6.01%) Algorithms
5 14 (6.01%) Analytical Skills
6 12 (5.15%) Mathematics
7 8 (3.43%) Credit Derivative
8 6 (2.58%) N-Tier
8 6 (2.58%) OTC Derivatives
9 4 (1.72%) Computer Science
9 4 (1.72%) Credit Risk
9 4 (1.72%) Data Structures
9 4 (1.72%) Management Information System
9 4 (1.72%) SWIFT
10 3 (1.29%) Hedge funds
10 3 (1.29%) Reference Data
10 3 (1.29%) Taxonomies
10 3 (1.29%) User Experience
11 2 (0.86%) Equity Derivative
Operating Systems
1 34 (14.59%) Unix
2 25 (10.73%) Linux
3 10 (4.29%) Windows
4 3 (1.29%) Windows Server
5 2 (0.86%) Solaris
5 2 (0.86%) Windows Server 2008
5 2 (0.86%) Windows Server 2012
6 1 (0.43%) Red Hat Enterprise Linux
6 1 (0.43%) Windows Server 2003
Processes & Methodologies
1 61 (26.18%) Agile Software Development
2 52 (22.32%) Risk Management
3 50 (21.46%) Multithreading
4 45 (19.31%) Electronic Trading
5 44 (18.88%) Low Latency
6 30 (12.88%) Business Analysis
7 22 (9.44%) Analytics
7 22 (9.44%) TDD
8 20 (8.58%) Scrum
9 18 (7.73%) DevOps
10 17 (7.30%) High Availability
11 16 (6.87%) Asset Management
11 16 (6.87%) BDD
12 15 (6.44%) Concurrent Programming
12 15 (6.44%) OO
13 14 (6.01%) Algorithmic Trading
13 14 (6.01%) E-Commerce
14 11 (4.72%) Data Analysis
14 11 (4.72%) Stakeholder Management
15 10 (4.29%) Data Modelling
Programming Languages
1 80 (34.33%) Java
2 48 (20.60%) SQL
3 28 (12.02%) C++
4 27 (11.59%) C#
5 22 (9.44%) Python
6 20 (8.58%) JavaScript
7 16 (6.87%) Scala
8 12 (5.15%) Haskell
9 5 (2.15%) C
10 4 (1.72%) Perl
10 4 (1.72%) PL/SQL
10 4 (1.72%) R
11 3 (1.29%) MATLAB
12 2 (0.86%) Shell Script
12 2 (0.86%) T-SQL
12 2 (0.86%) VBA
13 1 (0.43%) Korn
13 1 (0.43%) PHP
13 1 (0.43%) RPG
13 1 (0.43%) VBScript
Qualifications
1 14 (6.01%) Degree
2 2 (0.86%) CFA
2 2 (0.86%) PhD
3 1 (0.43%) MBA
3 1 (0.43%) PMP
3 1 (0.43%) PRINCE2 Certification
Quality Assurance & Compliance
1 12 (5.15%) MiFID
2 8 (3.43%) QA
3 7 (3.00%) SDET
4 4 (1.72%) Dodd-Frank
4 4 (1.72%) SLA
5 3 (1.29%) EMIR
6 2 (0.86%) Basel II
6 2 (0.86%) Basel III
System Software
1 4 (1.72%) HDFS
1 4 (1.72%) VMware Infrastructure
2 1 (0.43%) Docker
2 1 (0.43%) VMware ESX
Systems Management
1 11 (4.72%) Puppet
2 3 (1.29%) Ansible
2 3 (1.29%) HP Quality Center
2 3 (1.29%) ITRS Geneos
3 2 (0.86%) Control-M
4 1 (0.43%) Nagios
4 1 (0.43%) NetBackup
4 1 (0.43%) Thomson Reuters DACS
Vendors
1 30 (12.88%) Murex
2 22 (9.44%) Oracle
3 8 (3.43%) ION Trading
4 7 (3.00%) Sybase
4 7 (3.00%) TIBCO
5 6 (2.58%) HP
6 5 (2.15%) Bloomberg
6 5 (2.15%) Calypso
6 5 (2.15%) CheckPoint
6 5 (2.15%) Cisco
6 5 (2.15%) VMware
7 4 (1.72%) Fortinet
7 4 (1.72%) FXall
7 4 (1.72%) IBM
7 4 (1.72%) Solace
8 3 (1.29%) Atlassian
8 3 (1.29%) Splunk
9 2 (0.86%) Currenex
9 2 (0.86%) MarketAxess
9 2 (0.86%) SAP
City, London
McGregor Boyall
Rate: £400 - £450 per day
Posted: 6 hours ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 5 days ago