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 1 May 2015 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
1 May 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 86 45 40
Rank change year-on-year
-41 -5
Contract jobs citing Foreign Exchange (FX) 121 232 280
As % of all contract IT jobs located in the City of London 2.21% 3.71% 4.38%
As % of the Miscellaneous category 6.15% 9.82% 11.64%
Number of daily rates quoted 109 202 236
Average daily rate
Keep up to 90%
of your Daily Rate
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£600 £600 £550
Average daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £425 £475 £425
10% offered a daily rate of more than £690 £736 £688
UK excluding London average daily rate £425 £415 £425
% change year-on-year
+2.40% -2.35%
Number of hourly rates quoted 0 1 5
Average hourly rate - £22.50 £72.50
Average hourly rate % change year-on-year
- -68.96%
UK excluding London average hourly rate £13.50 £47.00 £20.50
% change year-on-year
-71.27% +129.26%
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
1967 2362 2405
As % of all contract IT jobs located in the City of London 35.90% 37.75% 37.66%
Number of daily rates quoted 1500 1785 1797
Average daily rate £475 £475 £475
90% offered a daily rate of more than £275 £290 £300
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 30 34 53
Average hourly rate £19.35 £22.00 £22.00
Average hourly rate % change year-on-year
-12.04% -
90% offered a hourly rate of more than £14.38 £11.80 £16.00
10% offered a hourly rate of more than £73.25 £45.98 £135.00
UK excluding London average hourly rate £20.00 £22.50 £21.50
% change year-on-year
-11.11% +4.65%

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 1 May 2015.

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 1 May 2015, 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).

1 125 (44.48%) Front Office
2 100 (35.59%) Java
3 91 (32.38%) Finance
4 89 (31.67%) SQL
5 87 (30.96%) Banking
6 73 (25.98%) Low Latency
7 70 (24.91%) Derivative
8 66 (23.49%) Multithreading
9 58 (20.64%) UNIX
10 56 (19.93%) C++
11 55 (19.57%) Linux
11 55 (19.57%) Agile Software Development
12 53 (18.86%) Investment Banking
13 48 (17.08%) Equities
13 48 (17.08%) Fixed Income
14 47 (16.73%) C#
15 38 (13.52%) Electronic Trading
16 34 (12.10%) E-Commerce
17 32 (11.39%) Windows
18 30 (10.68%) Oracle
19 28 (9.96%) Risk Management
20 25 (8.90%) Ultra-Low Latency
21 22 (7.83%) TDD
21 22 (7.83%) Swing
22 20 (7.12%) .NET
23 19 (6.76%) FIX Protocol
24 18 (6.41%) TIBCO
25 17 (6.05%) SQL Server
25 17 (6.05%) Analytical Skills
26 16 (5.69%) WPF

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

For the 6 months to 1 May 2015, 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 5 (1.78%) WebSphere
2 4 (1.42%) Oracle Coherence
3 3 (1.07%) Tomcat
4 2 (0.71%) IIS
4 2 (0.71%) Apache
4 2 (0.71%) Oracle HTTP Server
5 1 (0.36%) SharePoint
5 1 (0.36%) WebSphere Application Server
5 1 (0.36%) Apache Solr
5 1 (0.36%) SharePoint 2010
5 1 (0.36%) Elasticsearch
Applications
1 7 (2.49%) MS Excel
2 5 (1.78%) MS Office
3 1 (0.36%) MS Visio
3 1 (0.36%) MS Project
Business Applications
1 4 (1.42%) ION MarketView
2 3 (1.07%) RMDS
3 2 (0.71%) SAP FI
4 1 (0.36%) Murex MxG2000
4 1 (0.36%) Maximo
4 1 (0.36%) SAP FI/CO
4 1 (0.36%) SAP CO
4 1 (0.36%) LatentZero
4 1 (0.36%) Tesseract
4 1 (0.36%) Minerva
4 1 (0.36%) Sentinel
4 1 (0.36%) HFM
4 1 (0.36%) SAP FSCM
4 1 (0.36%) SunGard Stream Ubix
4 1 (0.36%) SunGard Stream Clearvision
4 1 (0.36%) SAP FI-CA
4 1 (0.36%) thinkFolio
4 1 (0.36%) Temenos T24
4 1 (0.36%) Markit EDM
Cloud Services
1 1 (0.36%) Amazon EC2
1 1 (0.36%) Amazon S3
1 1 (0.36%) Amazon AWS
Communications & Networking
1 6 (2.14%) Multicast
2 4 (1.42%) Firewall
3 3 (1.07%) HTTP
3 3 (1.07%) TCP/IP
3 3 (1.07%) LAN
3 3 (1.07%) WAN
4 1 (0.36%) SAN
4 1 (0.36%) HTTPS
4 1 (0.36%) DNS
4 1 (0.36%) FTP
4 1 (0.36%) ATM
4 1 (0.36%) Cisco ASA
4 1 (0.36%) NAS
4 1 (0.36%) iSCSI
4 1 (0.36%) NetScaler
4 1 (0.36%) FCoE
4 1 (0.36%) Fibre Channel
Database & Business Intelligence
1 17 (6.05%) SQL Server
2 10 (3.56%) Hadoop
2 10 (3.56%) Big Data
2 10 (3.56%) Data Warehouse
3 6 (2.14%) Relational Database
4 4 (1.42%) SQL Server Reporting Services
4 4 (1.42%) SQL Server Integration Services
5 3 (1.07%) KDB
6 2 (0.71%) NoSQL
6 2 (0.71%) HBase
6 2 (0.71%) Oracle Database
6 2 (0.71%) RDBMS
7 1 (0.36%) SQLPlus
7 1 (0.36%) Oracle Reports
7 1 (0.36%) MS Access
7 1 (0.36%) Impala
7 1 (0.36%) Redis
7 1 (0.36%) Apache Hive
Development Applications
1 16 (5.69%) TeamCity
2 14 (4.98%) JUnit
3 13 (4.63%) Ant
3 13 (4.63%) CruiseControl
4 6 (2.14%) JIRA
5 5 (1.78%) NUnit
5 5 (1.78%) Selenium
6 4 (1.42%) QuickTest Pro
7 3 (1.07%) Maven
8 2 (0.71%) Gradle
8 2 (0.71%) Zephyr
8 2 (0.71%) Team Foundation Server
8 2 (0.71%) Rhino Mocks
8 2 (0.71%) Moq
8 2 (0.71%) Visual Studio
9 1 (0.36%) ProC
9 1 (0.36%) IntelliJ
9 1 (0.36%) Subversion
9 1 (0.36%) Mockito
9 1 (0.36%) Git (software)
General
1 125 (44.48%) Front Office
2 91 (32.38%) Finance
3 87 (30.96%) Banking
4 53 (18.86%) Investment Banking
5 16 (5.69%) Back Office
6 7 (2.49%) Retail
7 6 (2.14%) Retail Banking
8 3 (1.07%) Financial Institution
8 3 (1.07%) Advertising
9 2 (0.71%) Corporate Banking
9 2 (0.71%) Legal
10 1 (0.36%) Telecoms
10 1 (0.36%) Private Banking
10 1 (0.36%) Marketing
10 1 (0.36%) Spanish Language
10 1 (0.36%) Turkish Language
Job Titles
1 152 (54.09%) Developer
2 75 (26.69%) Java Developer
3 72 (25.62%) Analyst
4 36 (12.81%) Business Analyst
5 35 (12.46%) C++ Developer
6 22 (7.83%) Senior Developer
7 18 (6.41%) C# Developer
8 16 (5.69%) Applications Support
9 14 (4.98%) Support Analyst
10 9 (3.20%) Architect
10 9 (3.20%) Project Manager
11 8 (2.85%) IT Business Analyst
11 8 (2.85%) Senior C# Developer
11 8 (2.85%) Applications Support Analyst
11 8 (2.85%) Quantitative Developer
11 8 (2.85%) Test Analyst
12 7 (2.49%) Systems Analyst
12 7 (2.49%) Data Analyst
12 7 (2.49%) WPF Developer
13 6 (2.14%) Senior Analyst
Libraries, Frameworks & Software Standards
1 22 (7.83%) Swing
2 20 (7.12%) .NET
3 19 (6.76%) FIX Protocol
4 16 (5.69%) WPF
4 16 (5.69%) XML
5 13 (4.63%) JDBC
5 13 (4.63%) Ultra Messaging
6 9 (3.20%) Rendezvous
6 9 (3.20%) WCF
7 8 (2.85%) Reactive Extensions
8 7 (2.49%) Middleware
8 7 (2.49%) HTML
9 6 (2.14%) Boost C++ Libraries
9 6 (2.14%) Web Services
9 6 (2.14%) JMS
9 6 (2.14%) FpML
10 5 (1.78%) STL
10 5 (1.78%) LINQ
11 4 (1.42%) TIBCO EMS
11 4 (1.42%) WinForms
Miscellaneous
1 70 (24.91%) Derivative
2 48 (17.08%) Equities
2 48 (17.08%) Fixed Income
3 17 (6.05%) Analytical Skills
4 12 (4.27%) Mathematics
5 9 (3.20%) Equity Derivative
6 8 (2.85%) Market Risk
6 8 (2.85%) Physics
6 8 (2.85%) Algorithms
6 8 (2.85%) Credit Derivative
7 4 (1.42%) Credit Risk
7 4 (1.42%) Data Integration
7 4 (1.42%) Interest Rate Derivative
8 3 (1.07%) Client/Server
8 3 (1.07%) Reference Data
8 3 (1.07%) Computer Science
8 3 (1.07%) SWIFT
9 2 (0.71%) Hedge funds
9 2 (0.71%) Grid Computing
10 1 (0.36%) Economics
Operating Systems
1 58 (20.64%) UNIX
2 55 (19.57%) Linux
3 32 (11.39%) Windows
4 3 (1.07%) Red Hat Enterprise Linux
5 1 (0.36%) Windows Server 2003
5 1 (0.36%) VMS
5 1 (0.36%) Solaris
5 1 (0.36%) Android
Processes & Methodologies
1 73 (25.98%) Low Latency
2 66 (23.49%) Multithreading
3 55 (19.57%) Agile Software Development
4 38 (13.52%) Electronic Trading
5 34 (12.10%) E-Commerce
6 28 (9.96%) Risk Management
7 25 (8.90%) Ultra-Low Latency
8 22 (7.83%) TDD
9 15 (5.34%) Stakeholder Management
10 14 (4.98%) Business Analysis
11 13 (4.63%) Algorithmic Trading
12 12 (4.27%) OO
13 11 (3.91%) Change Management
13 11 (3.91%) Scrum
13 11 (3.91%) User Acceptance Testing
14 10 (3.56%) Data Modelling
15 9 (3.20%) Analytics
16 8 (2.85%) BDD
16 8 (2.85%) Project Management
17 7 (2.49%) ETL
Programming Languages
1 100 (35.59%) Java
2 89 (31.67%) SQL
3 56 (19.93%) C++
4 47 (16.73%) C#
5 14 (4.98%) VBA
6 12 (4.27%) Perl
6 12 (4.27%) Python
7 9 (3.20%) C
8 6 (2.14%) PL/SQL
8 6 (2.14%) JavaScript
9 4 (1.42%) Shell Script
10 3 (1.07%) VBScript
10 3 (1.07%) AWK
10 3 (1.07%) C-shell
11 2 (0.71%) Lua
11 2 (0.71%) Bash Shell
11 2 (0.71%) Scala
11 2 (0.71%) VB
11 2 (0.71%) T-SQL
12 1 (0.36%) VC++
Qualifications
1 8 (2.85%) Degree
2 2 (0.71%) ISTQB Foundation Certification
2 2 (0.71%) ISTQB
3 1 (0.36%) ACCA
3 1 (0.36%) PhD
3 1 (0.36%) CIMA
3 1 (0.36%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 11 (3.91%) QA
2 3 (1.07%) ISO 9001
2 3 (1.07%) ISO/IEC 27001
3 1 (0.36%) SLA
3 1 (0.36%) EMIR
3 1 (0.36%) Dodd-Frank
3 1 (0.36%) Data Quality
3 1 (0.36%) Basel III
System Software
1 3 (1.07%) Oracle RAC
2 1 (0.36%) NFS
2 1 (0.36%) SRDF
2 1 (0.36%) Hyper-V
2 1 (0.36%) VMware Infrastructure
2 1 (0.36%) Xen
2 1 (0.36%) HDFS
2 1 (0.36%) KVM
2 1 (0.36%) Apache Flume
2 1 (0.36%) GridGain
Systems Management
1 6 (2.14%) HP Quality Center
2 5 (1.78%) ITRS Geneos
3 3 (1.07%) Control-M
4 1 (0.36%) Tivoli
4 1 (0.36%) BMC PATROL
4 1 (0.36%) Nagios
4 1 (0.36%) SCOM
4 1 (0.36%) Oozie
Vendors
1 30 (10.68%) Oracle
2 18 (6.41%) TIBCO
3 12 (4.27%) Sybase
4 8 (2.85%) Murex
5 7 (2.49%) Bloomberg
6 5 (1.78%) Microsoft
6 5 (1.78%) ION Trading
7 3 (1.07%) Red Hat
7 3 (1.07%) Business Objects
7 3 (1.07%) SAP
7 3 (1.07%) Talarian
8 2 (0.71%) DataSynapse
8 2 (0.71%) Remedy
8 2 (0.71%) Cisco
8 2 (0.71%) IBM
8 2 (0.71%) Calypso
8 2 (0.71%) HP
8 2 (0.71%) EMC
9 1 (0.36%) Intel
9 1 (0.36%) Juniper
City of London
Orgtel
Rate: £600 - £750 per day + competitive
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £550 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £550 - £750 per day
Posted: 2 days ago
City of London
Huxley Banking & Financial Services
Rate: £600 - £750 per day + competitive
Posted: 2 days ago
City of London
Harrington Starr
Rate: £500 - £700 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £450 - £500 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 4 days ago
City, London
ComputAppoint
Rate: £650 - £700 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £400 - £500 per annum
Posted: 5 days ago
City, London
Aston Carter
Rate: £550 - £650 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 6 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 6 days ago
City, London
Bloomberg LP
Posted: 9 days ago
City, London
MACQUARIE
Rate: From £550 to £650 per day
Posted: 11 days ago