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 17 January 2017 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
17 Jan 2017
Same period 2016 Same period 2015
Foreign Exchange (FX)
London / City of London
Rank 49 54 66
Rank change year-on-year
+5 +12
Contract jobs citing Foreign Exchange (FX) 118 106 143
As % of all contract IT jobs located in the City of London 4.06% 3.53% 2.84%
As % of the Miscellaneous category 10.54% 8.73% 7.36%
Number of daily rates quoted 95 67 134
Median daily rate £600 £600 £600
90% offered a daily rate of more than £485 £375 £425
10% offered a daily rate of more than £708 £710 £700
UK excluding London median daily rate £445 £388 £390
% change year-on-year
+14.83% -0.64%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £11.38

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
1120 1214 1942
As % of all contract IT jobs located in the City of London 38.51% 40.47% 38.59%
Number of daily rates quoted 837 926 1529
Median daily rate £500 £500 £475
Median daily rate % change year-on-year
- +5.26%
90% offered a daily rate of more than £326 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £394 £375 £365
% change year-on-year
+4.93% +2.73%
Number of hourly rates quoted 10 20 27
Median hourly rate £21.75 £20.00 £17.50
Median hourly rate % change year-on-year
+8.75% +14.28%
90% offered a hourly rate of more than £16.15 £13.00 £13.38
10% offered a hourly rate of more than £55.00 £35.60 £22.13
UK excluding London median hourly rate £18.71 £21.50 £17.50
% change year-on-year
-12.96% +22.85%

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 17 January 2017.

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 17 January 2017, 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).

1 123 (49.60%) Banking
2 122 (49.19%) Finance
3 101 (40.73%) Front Office
4 73 (29.44%) Java
5 69 (27.82%) Investment Banking
6 62 (25.00%) Derivative
7 58 (23.39%) Agile Software Development
8 53 (21.37%) Multithreading
9 52 (20.97%) Risk Management
10 50 (20.16%) SQL
11 48 (19.35%) Low Latency
12 45 (18.15%) Electronic Trading
13 41 (16.53%) Fixed Income
14 40 (16.13%) Equities
15 38 (15.32%) C++
16 37 (14.92%) Unix
17 33 (13.31%) Business Analysis
18 32 (12.90%) Linux
19 31 (12.50%) Murex
20 30 (12.10%) Market Risk
21 25 (10.08%) Analytics
22 23 (9.27%) HTML
22 23 (9.27%) SQL Server
23 22 (8.87%) Oracle
23 22 (8.87%) C#
23 22 (8.87%) FIX Protocol
24 21 (8.47%) JavaScript
24 21 (8.47%) OO
25 20 (8.06%) TDD
25 20 (8.06%) High Availability

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 (6.85%) Apache Spark
2 6 (2.42%) IIS
3 5 (2.02%) Apache Pig
4 3 (1.21%) Tomcat
5 2 (0.81%) Confluence
5 2 (0.81%) Mule
5 2 (0.81%) SharePoint
5 2 (0.81%) WebLogic
5 2 (0.81%) WebSphere
6 1 (0.40%) Apache
6 1 (0.40%) MQSeries
6 1 (0.40%) Oracle Coherence
6 1 (0.40%) Oracle Workflow
Applications
1 1 (0.40%) MS Project
1 1 (0.40%) MS Visio
1 1 (0.40%) Spreadsheet
Business Applications
1 5 (2.02%) Summit
2 4 (1.61%) RMDS
3 2 (0.81%) Global One
3 2 (0.81%) ION MarketView
3 2 (0.81%) Minerva
3 2 (0.81%) Sentinel
3 2 (0.81%) Tesseract
4 1 (0.40%) Findur
4 1 (0.40%) Orchestrade
Cloud Services
1 2 (0.81%) Amazon AWS
2 1 (0.40%) Cloud Computing
2 1 (0.40%) Microsoft Azure
Communications & Networking
1 6 (2.42%) TCP/IP
2 2 (0.81%) Firewall
2 2 (0.81%) LAN
3 1 (0.40%) DNS
3 1 (0.40%) FTP
3 1 (0.40%) Internet
3 1 (0.40%) Multicast
3 1 (0.40%) SAN
Database & Business Intelligence
1 23 (9.27%) SQL Server
2 20 (8.06%) Big Data
3 19 (7.66%) Hadoop
4 12 (4.84%) Apache Cassandra
5 9 (3.63%) Data Lake
6 6 (2.42%) Data Warehouse
6 6 (2.42%) KDB
6 6 (2.42%) SQL Server Integration Services
6 6 (2.42%) SQL Server Reporting Services
7 5 (2.02%) HBase
7 5 (2.02%) Relational Database
7 5 (2.02%) SQL Server 2008
7 5 (2.02%) SQL Server 2012
8 3 (1.21%) Data Mart
9 2 (0.81%) Kdb+
9 2 (0.81%) Oracle Database
9 2 (0.81%) Tick Data
10 1 (0.40%) NoSQL
10 1 (0.40%) Oracle Exadata
10 1 (0.40%) SQL Server 2014
Development Applications
1 12 (4.84%) JIRA
1 12 (4.84%) Maven
2 10 (4.03%) JUnit
3 9 (3.63%) Subversion
4 6 (2.42%) Cucumber
4 6 (2.42%) Jenkins
5 4 (1.61%) Git (software)
5 4 (1.61%) JSUnit
5 4 (1.61%) PHPUnit
5 4 (1.61%) TestDirector
6 3 (1.21%) Gradle
6 3 (1.21%) Mockito
7 2 (0.81%) EasyMock
7 2 (0.81%) Selenium
8 1 (0.40%) Atlassian Bamboo
8 1 (0.40%) Bower
8 1 (0.40%) Grunt
8 1 (0.40%) NUnit
8 1 (0.40%) Oracle APEX
8 1 (0.40%) Vagrant
General
1 123 (49.60%) Banking
2 122 (49.19%) Finance
3 101 (40.73%) Front Office
4 69 (27.82%) Investment Banking
5 18 (7.26%) Back Office
6 15 (6.05%) Financial Institution
7 4 (1.61%) Legal
8 3 (1.21%) Retail
9 2 (0.81%) Advertising
10 1 (0.40%) French Language
10 1 (0.40%) General Ledger
10 1 (0.40%) Marketing
10 1 (0.40%) Spanish Language
Job Titles
1 110 (44.35%) Developer
2 68 (27.42%) Analyst
3 57 (22.98%) Business Analyst
4 51 (20.56%) Java Developer
5 31 (12.50%) Senior Developer
6 24 (9.68%) C++ Developer
7 22 (8.87%) Senior Java Developer
8 19 (7.66%) FX Business Analyst
9 16 (6.45%) Market Risk Developer
9 16 (6.45%) Market Risk Java Developer
10 13 (5.24%) Low Latency C++ Developer
10 13 (5.24%) Project Manager
11 12 (4.84%) C# Developer
11 12 (4.84%) Front Office Developer
12 11 (4.44%) Senior Market Risk Java Developer
13 10 (4.03%) Architect
13 10 (4.03%) Support Analyst
14 9 (3.63%) Consultant
14 9 (3.63%) Electronic Trading Developer
15 8 (3.23%) Agile Developer
Libraries, Frameworks & Software Standards
1 23 (9.27%) HTML
2 22 (8.87%) FIX Protocol
3 19 (7.66%) XML
4 14 (5.65%) HTML5
5 13 (5.24%) .NET
5 13 (5.24%) AngularJS
6 11 (4.44%) Boost C++ Libraries
6 11 (4.44%) STL
7 8 (3.23%) JMS
8 7 (2.82%) FpML
8 7 (2.82%) Spring
8 7 (2.82%) XSD
9 6 (2.42%) CSS
9 6 (2.42%) Rendezvous
9 6 (2.42%) RESTful
9 6 (2.42%) WPF
9 6 (2.42%) XSLT
10 5 (2.02%) ASP.NET
10 5 (2.02%) Middleware
11 4 (1.61%) SOAP
Miscellaneous
1 62 (25.00%) Derivative
2 41 (16.53%) Fixed Income
3 40 (16.13%) Equities
4 30 (12.10%) Market Risk
5 17 (6.85%) Analytical Skills
6 14 (5.65%) Algorithms
7 12 (4.84%) Mathematics
8 8 (3.23%) Credit Derivative
8 8 (3.23%) Reference Data
9 6 (2.42%) Data Structures
9 6 (2.42%) N-Tier
9 6 (2.42%) OTC Derivatives
9 6 (2.42%) Taxonomies
10 5 (2.02%) Credit Risk
11 4 (1.61%) SWIFT
12 3 (1.21%) Computer Science
12 3 (1.21%) Hedge funds
12 3 (1.21%) Management Information System
12 3 (1.21%) Physics
12 3 (1.21%) User Experience
Operating Systems
1 37 (14.92%) Unix
2 32 (12.90%) Linux
3 11 (4.44%) Windows
4 5 (2.02%) Windows Server
5 3 (1.21%) Solaris
6 2 (0.81%) Windows Server 2008
6 2 (0.81%) Windows Server 2012
7 1 (0.40%) AIX
7 1 (0.40%) Red Hat Enterprise Linux
7 1 (0.40%) Windows Server 2003
Processes & Methodologies
1 58 (23.39%) Agile Software Development
2 53 (21.37%) Multithreading
3 52 (20.97%) Risk Management
4 48 (19.35%) Low Latency
5 45 (18.15%) Electronic Trading
6 33 (13.31%) Business Analysis
7 25 (10.08%) Analytics
8 21 (8.47%) OO
9 20 (8.06%) High Availability
9 20 (8.06%) TDD
10 19 (7.66%) Stakeholder Management
11 18 (7.26%) Asset Management
11 18 (7.26%) Concurrent Programming
11 18 (7.26%) Scrum
12 14 (5.65%) Algorithmic Trading
12 14 (5.65%) BDD
13 13 (5.24%) Data Modelling
13 13 (5.24%) DevOps
13 13 (5.24%) E-Commerce
14 11 (4.44%) Project Management
Programming Languages
1 73 (29.44%) Java
2 50 (20.16%) SQL
3 38 (15.32%) C++
4 22 (8.87%) C#
5 21 (8.47%) JavaScript
6 18 (7.26%) Python
7 16 (6.45%) Scala
8 12 (4.84%) Haskell
9 6 (2.42%) PL/SQL
10 5 (2.02%) C
10 5 (2.02%) Perl
11 4 (1.61%) Bash Shell
11 4 (1.61%) Shell Script
12 2 (0.81%) PowerShell
12 2 (0.81%) R
13 1 (0.40%) Korn
13 1 (0.40%) MATLAB
13 1 (0.40%) RPG IV
13 1 (0.40%) RPG/400
13 1 (0.40%) T-SQL
Qualifications
1 18 (7.26%) Degree
2 4 (1.61%) PhD
3 2 (0.81%) CFA
4 1 (0.40%) MBA
4 1 (0.40%) PMP
4 1 (0.40%) PRINCE2 Certification
Quality Assurance & Compliance
1 16 (6.45%) MiFID
2 8 (3.23%) QA
3 5 (2.02%) SDET
3 5 (2.02%) SLA
4 4 (1.61%) Dodd-Frank
5 3 (1.21%) EMIR
6 2 (0.81%) Basel II
6 2 (0.81%) Basel III
7 1 (0.40%) FATCA
System Software
1 5 (2.02%) VMware Infrastructure
2 4 (1.61%) HDFS
3 1 (0.40%) Active Directory
3 1 (0.40%) Docker
3 1 (0.40%) Oracle RAC
3 1 (0.40%) VMware ESX
Systems Management
1 8 (3.23%) Puppet
2 3 (1.21%) Control-M
2 3 (1.21%) HP Quality Center
3 2 (0.81%) ITRS Geneos
4 1 (0.40%) NetBackup
4 1 (0.40%) Thomson Reuters DACS
Vendors
1 31 (12.50%) Murex
2 22 (8.87%) Oracle
3 9 (3.63%) ION Trading
4 7 (2.82%) HP
4 7 (2.82%) TIBCO
5 6 (2.42%) VMware
6 5 (2.02%) CheckPoint
6 5 (2.02%) Cisco
6 5 (2.02%) IBM
6 5 (2.02%) Sybase
7 4 (1.61%) Calypso
7 4 (1.61%) Fortinet
7 4 (1.61%) Solace
8 3 (1.21%) Bloomberg
8 3 (1.21%) Splunk
9 2 (0.81%) Charles River
9 2 (0.81%) DataSynapse
9 2 (0.81%) Fidessa
9 2 (0.81%) FXall
9 2 (0.81%) Reuters
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Rate: £600 - £800 per day
Posted: 13 hours ago
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Rate: £600 - £650 per day
Posted: Yesterday
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Rate: £900 - £1000 per day
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