The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Docklands, 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 5 February 2016 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
5 Feb 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 14 15 26
Rank change year-on-year
+1 +11
Contract jobs citing Foreign Exchange (FX) 1 8 4
As % of all contract IT jobs located in Docklands, London 1.59% 8.08% 1.90%
As % of the Miscellaneous category 5.88% 19.05% 4.30%
Number of daily rates quoted 1 8 3
Average daily rate £475 £590 £550
Average daily rate % change year-on-year
-19.49% +7.27%
UK excluding London average daily rate £400 £410 £425
% change year-on-year
-2.43% -3.52%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £13.00
UK excluding London average hourly rate - - -
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 Docklands, London region.

Miscellaneous Category
Docklands, London
Contract IT job ads with a match in the
Miscellaneous category
17 42 93
As % of all contract IT jobs located in Docklands, London 26.98% 42.42% 44.29%
Number of daily rates quoted 14 31 78
Average daily rate £550 £525 £525
Average daily rate % change year-on-year
+4.76% -
90% offered a daily rate of more than £413 £316 £425
10% offered a daily rate of more than £663 £626 £590
UK excluding London average daily rate £375 £373 £350
% change year-on-year
+0.67% +6.42%
Number of hourly rates quoted 0 0 2
Average hourly rate - - £17.00
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Foreign Exchange (FX)
Jobs Demand Trend in Docklands, London

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the Docklands, London region as a proportion of the total demand within the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in Docklands, London

Foreign Exchange (FX)
Daily Rate Trend in Docklands, London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the Docklands, London region.

Foreign Exchange (FX) Daily Rate Trend in Docklands, London

Foreign Exchange (FX)
Hourly Rate Trend in Docklands, London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Foreign Exchange (FX) across the Docklands, London region.

Foreign Exchange (FX) Hourly Rate Trend in Docklands, London

Foreign Exchange (FX)
Top 18 Related IT Skills in Docklands, London

For the 6 months to 5 February 2016, IT contractor jobs across the Docklands, 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 4 (100.00%) Perl
1 4 (100.00%) Oracle
1 4 (100.00%) SQL Server
1 4 (100.00%) Sybase
1 4 (100.00%) Windows
1 4 (100.00%) Linux
1 4 (100.00%) Python
1 4 (100.00%) Front Office
1 4 (100.00%) Equities
1 4 (100.00%) Algorithmic Trading
1 4 (100.00%) Bash Shell
1 4 (100.00%) Relational Database
2 3 (75.00%) Release Management
3 1 (25.00%) Business Analytics
3 1 (25.00%) Analytics
3 1 (25.00%) Market Making
3 1 (25.00%) Banking
3 1 (25.00%) Investment Banking

Foreign Exchange (FX)
Top Related IT Skills in Docklands, London by Category

For the 6 months to 5 February 2016, IT contractor jobs across the Docklands, 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.

Database & Business Intelligence
1 4 (100.00%) Relational Database
1 4 (100.00%) SQL Server
General
1 4 (100.00%) Front Office
2 1 (25.00%) Banking
2 1 (25.00%) Investment Banking
Miscellaneous
1 4 (100.00%) Equities
Operating Systems
1 4 (100.00%) Linux
1 4 (100.00%) Windows
Processes & Methodologies
1 4 (100.00%) Algorithmic Trading
2 3 (75.00%) Release Management
3 1 (25.00%) Analytics
3 1 (25.00%) Business Analytics
3 1 (25.00%) Market Making
Programming Languages
1 4 (100.00%) Bash Shell
1 4 (100.00%) Perl
1 4 (100.00%) Python
Vendors
1 4 (100.00%) Oracle
1 4 (100.00%) Sybase