The first table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the 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 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the London region.

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
24 May 2013
Same period 2012 Same period 2011
Foreign Exchange (FX)
Rank 50 41 27
Rank change year-on-year
-9 -14
Contract jobs citing Foreign Exchange (FX) 793 1016 1743
As % of all contract IT jobs located in London 3.662% 3.771% 5.609%
As % of the Miscellaneous category 11.03% 11.74% 14.81%
Number of daily rates quoted 633 822 1365
Average daily rate £550 £575 £598
Average daily rate % change year-on-year
-4.34% -3.76%
90% offered a daily rate of more than £425 £450 £475
10% offered a daily rate of more than £675 £700 £692
UK excluding London average daily rate £425 £288 £408
% change year-on-year
+47.82% -29.44%
Number of hourly rates quoted 9 5 1
Average hourly rate £42.50 £22.50 £32.50
Average hourly rate % change year-on-year
+88.88% -30.76%
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7191 8651 11771
As % of all contract IT jobs located in London 33.20% 32.11% 37.88%
Number of daily rates quoted 4968 5870 7935
Average daily rate £475 £475 £550
Average daily rate % change year-on-year
- -13.63%
90% offered a daily rate of more than £275 £283 £325
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 163 209 196
Average hourly rate £23.00 £22.50 £21.00
Average hourly rate % change year-on-year
+2.22% +7.14%
90% offered a hourly rate of more than £15.00 £13.49 £11.50
10% offered a hourly rate of more than £52.40 £52.50 £50.00
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Jobs Demand Trend

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

London Foreign Exchange (FX) Jobs Demand Trend

Foreign Exchange (FX)
Daily Rate Trend

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

London Foreign Exchange (FX) Daily Rate Trend

Foreign Exchange (FX)
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) across the London region over the 3 months to 24 May 2013.

London Foreign Exchange (FX) Daily Rate Histogram

Foreign Exchange (FX)
Hourly Rate Trend

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

London Foreign Exchange (FX) Hourly Rate Trend

Foreign Exchange (FX)
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Foreign Exchange (FX) across the London region over the 3 months to 24 May 2013.

London Foreign Exchange (FX) Hourly Rate Histogram

Foreign Exchange (FX)
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the London region over the 3 months to 24 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
City of London -8 294 £550 -4.34%
Canary Wharf +6 64 £600 +9.09%
Docklands, London +1 7 £488 -11.36%
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the 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).

1 688 (45.78%) Banking
2 585 (38.92%) Front Office
3 484 (32.20%) Investment Banking
4 454 (30.21%) Derivative
5 443 (29.47%) Finance
6 414 (27.54%) SQL
7 391 (26.01%) C#
8 370 (24.62%) Java
9 314 (20.89%) Multithreading
10 275 (18.30%) C++
11 272 (18.10%) E-Commerce
12 262 (17.43%) Fixed Income
13 230 (15.30%) Oracle
14 229 (15.24%) .NET
15 211 (14.04%) UNIX
16 194 (12.91%) XML
17 186 (12.38%) Equities
18 166 (11.04%) Linux
19 149 (9.914%) Windows
20 148 (9.847%) Agile Software Development
21 127 (8.450%) SQL Server
22 122 (8.117%) Risk Management
22 122 (8.117%) Business Analysis
23 119 (7.917%) Project Management
23 119 (7.917%) WPF
24 114 (7.585%) Back Office
24 114 (7.585%) OO
25 108 (7.186%) TDD
26 107 (7.119%) Python
27 99 (6.587%) Degree

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the 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 Development
1 229 (15.24%) .NET
2 194 (12.91%) XML
3 119 (7.917%) WPF
4 80 (5.323%) WCF
5 63 (4.192%) Ajax
5 63 (4.192%) STL
5 63 (4.192%) Boost C++ Libraries
6 62 (4.125%) Silverlight
6 62 (4.125%) ASP.NET
7 59 (3.925%) Spring
8 56 (3.726%) Hibernate
9 54 (3.593%) Middleware
10 52 (3.460%) Swing
11 47 (3.127%) jQuery
12 45 (2.994%) XSLT
13 42 (2.794%) HTML5
14 38 (2.528%) WinForms
14 38 (2.528%) CSS
15 36 (2.395%) HTML
16 29 (1.929%) CSS3
Application Platforms
1 69 (4.591%) Oracle Coherence
2 48 (3.194%) Rendezvous
3 24 (1.597%) CMS
4 18 (1.198%) MQSeries
5 15 (0.998%) Confluence
5 15 (0.998%) WebLogic
6 14 (0.931%) Oracle Workflow
6 14 (0.931%) IIS
7 12 (0.798%) Apache
8 10 (0.665%) TIBCO EMS
9 9 (0.599%) Progress Apama
9 9 (0.599%) SharePoint Server
10 7 (0.466%) Tomcat
11 6 (0.399%) BizTalk Server
12 5 (0.333%) WebSphere Message Broker
13 4 (0.266%) FileNet
14 3 (0.200%) SharePoint
14 3 (0.200%) Documentum
15 2 (0.133%) WebSphere MQ
15 2 (0.133%) WebSphere Transformation Extender
Applications
1 68 (4.524%) MS Excel
2 29 (1.929%) Spreadsheet
3 18 (1.198%) MS Visio
4 16 (1.065%) MS Project
5 10 (0.665%) MS PowerPoint
6 6 (0.399%) MS Office
7 5 (0.333%) Fireworks
8 4 (0.266%) Photoshop
Business Applications
1 27 (1.796%) RMDS
2 14 (0.931%) ION MarketView
3 12 (0.798%) Murex MxG2000
3 12 (0.798%) Summit
4 11 (0.732%) LatentZero
5 10 (0.665%) 3000 Xtra
6 9 (0.599%) Oracle EBS
7 8 (0.532%) Global One
7 8 (0.532%) Kondor+
7 8 (0.532%) Minerva
8 5 (0.333%) Bankmaster
9 2 (0.133%) SAP FI
9 2 (0.133%) Endur
9 2 (0.133%) SAP FI/CO
9 2 (0.133%) SAP CO
9 2 (0.133%) Temenos T24
9 2 (0.133%) Documaker
10 1 (0.067%) Oracle General Ledger
10 1 (0.067%) Dynamics CRM
10 1 (0.067%) Beauchamp
Communications & Networking
1 30 (1.996%) HTTP
2 20 (1.331%) TCP/IP
3 13 (0.865%) Internet
4 5 (0.333%) Intranet
4 5 (0.333%) Extranet
5 4 (0.266%) Firewall
5 4 (0.266%) SAN
5 4 (0.266%) NAS
6 3 (0.200%) FTP
7 2 (0.133%) DSL
7 2 (0.133%) LAN
7 2 (0.133%) HTTPS
7 2 (0.133%) 4G
8 1 (0.067%) Ethernet
Database & Business Intelligence
1 127 (8.450%) SQL Server
2 56 (3.726%) Data Warehouse
3 29 (1.929%) OLAP
4 26 (1.730%) SQL Server Analysis Services
5 25 (1.663%) QlikView
6 20 (1.331%) SQLPlus
6 20 (1.331%) TOAD
6 20 (1.331%) Oracle OLAP
7 19 (1.264%) Oracle 8/8i
8 17 (1.131%) RDBMS
9 15 (0.998%) Crystal Reports
10 14 (0.931%) KDB
11 13 (0.865%) SQL Server Integration Services
12 12 (0.798%) BusinessObjects Web Intelligence
13 11 (0.732%) SQL Server 2008
13 11 (0.732%) Data Mart
14 9 (0.599%) BusinessObjects XI
14 9 (0.599%) SQL Server Reporting Services
15 8 (0.532%) BusinessObjects
15 8 (0.532%) Microsoft Analysis Services
Development Applications
1 41 (2.728%) JIRA
2 27 (1.796%) Oracle Forms
3 25 (1.663%) Maven
4 23 (1.530%) TeamCity
5 22 (1.464%) Subversion
5 22 (1.464%) ClearCase
5 22 (1.464%) Ant
6 21 (1.397%) JUnit
6 21 (1.397%) Visual Studio
7 20 (1.331%) Eclipse
8 12 (0.798%) CruiseControl
8 12 (0.798%) NUnit
9 8 (0.532%) Expression Blend
10 7 (0.466%) Team Foundation Server
10 7 (0.466%) Selenium
10 7 (0.466%) TestDirector
11 5 (0.333%) Axure RP
11 5 (0.333%) QuickTest Pro
12 4 (0.266%) Git (software)
13 3 (0.200%) Jenkins
General
1 688 (45.78%) Banking
2 585 (38.92%) Front Office
3 484 (32.20%) Investment Banking
4 443 (29.47%) Finance
5 114 (7.585%) Back Office
6 24 (1.597%) Retail
7 23 (1.530%) Financial Institution
8 13 (0.865%) Billing
9 11 (0.732%) Legal
10 7 (0.466%) Retail Banking
10 7 (0.466%) Corporate Banking
10 7 (0.466%) Spanish Language
11 6 (0.399%) Telecoms
12 4 (0.266%) General Ledger
13 2 (0.133%) Games
13 2 (0.133%) Advertising
13 2 (0.133%) Private Banking
14 1 (0.067%) International Banking
14 1 (0.067%) Wholesale Banking
14 1 (0.067%) Publishing
Job Titles
1 725 (48.24%) Developer
2 494 (32.87%) Analyst
3 349 (23.22%) Business Analyst
4 242 (16.10%) C# Developer
5 199 (13.24%) Java Developer
6 163 (10.84%) C++ Developer
7 115 (7.651%) Senior Developer
8 109 (7.252%) Project Manager
9 66 (4.391%) Support Analyst
10 64 (4.258%) Senior Java Developer
11 56 (3.726%) Senior Analyst
12 53 (3.526%) Investment Banking Business Analyst
13 50 (3.327%) Banking Business Analyst
14 47 (3.127%) WPF Developer
15 39 (2.595%) C++/C# Developer
16 38 (2.528%) Architect
17 34 (2.262%) Murex Business Analyst
18 33 (2.196%) Test Analyst
19 31 (2.063%) Senior Business Analyst
20 30 (1.996%) Java Swing Developer
Miscellaneous
1 454 (30.21%) Derivative
2 262 (17.43%) Fixed Income
3 186 (12.38%) Equities
4 85 (5.655%) Credit Derivative
5 75 (4.990%) Market Risk
6 69 (4.591%) Interest Rate Derivative
7 51 (3.393%) Credit Risk
8 44 (2.927%) Computer Science
9 43 (2.861%) Reference Data
10 31 (2.063%) Mathematics
11 29 (1.929%) Equity Derivative
11 29 (1.929%) RIA
12 28 (1.863%) Wiki
12 28 (1.863%) Field-Programmable Gate Array
13 27 (1.796%) SWIFT
14 24 (1.597%) Grid Computing
15 21 (1.397%) Swaptions
16 20 (1.331%) Open Source
16 20 (1.331%) Hedge funds
17 14 (0.931%) Physics
Operating Systems
1 211 (14.04%) UNIX
2 166 (11.04%) Linux
3 149 (9.914%) Windows
4 31 (2.063%) Solaris
5 18 (1.198%) Windows XP
5 18 (1.198%) Windows 7
6 10 (0.665%) Windows Server 2003
6 10 (0.665%) Windows NT
6 10 (0.665%) Windows 2000
7 6 (0.399%) Red Hat Enterprise Linux
8 3 (0.200%) CentOS
8 3 (0.200%) Fedora
9 2 (0.133%) VMS
9 2 (0.133%) Windows Server 2008
10 1 (0.067%) Apple iOS
10 1 (0.067%) Windows 8
10 1 (0.067%) Android
10 1 (0.067%) Windows Mobile
10 1 (0.067%) SUSE
Processes & Methodologies
1 314 (20.89%) Multithreading
2 272 (18.10%) E-Commerce
3 148 (9.847%) Agile Software Development
4 122 (8.117%) Risk Management
4 122 (8.117%) Business Analysis
5 119 (7.917%) Project Management
6 114 (7.585%) OO
7 108 (7.186%) TDD
8 90 (5.988%) Electronic Trading
9 87 (5.788%) Algorithmic Trading
10 76 (5.057%) Workflow
11 60 (3.992%) User Acceptance Testing
12 56 (3.726%) Analytics
13 55 (3.659%) Scrum
13 55 (3.659%) Asset Management
14 53 (3.526%) UML
15 50 (3.327%) Waterfall
16 48 (3.194%) BDD
17 45 (2.994%) Stakeholder Management
18 43 (2.861%) Data Modelling
Programming Languages
1 414 (27.54%) SQL
2 391 (26.01%) C#
3 370 (24.62%) Java
4 275 (18.30%) C++
5 107 (7.119%) Python
6 87 (5.788%) JavaScript
7 75 (4.990%) VBA
8 45 (2.994%) Perl
9 19 (1.264%) PL/SQL
10 18 (1.198%) C
11 16 (1.065%) VB
11 16 (1.065%) Scala
12 15 (0.998%) Shell Script
13 10 (0.665%) VBScript
13 10 (0.665%) VB6
14 8 (0.532%) COBOL
15 7 (0.466%) PHP
16 5 (0.333%) Korn
16 5 (0.333%) T-SQL
17 4 (0.266%) XAML
Qualifications
1 99 (6.587%) Degree
2 17 (1.131%) ISEB
3 13 (0.865%) PMI Certification
4 10 (0.665%) PMP
5 7 (0.466%) ISTQB
6 5 (0.333%) CBAP
7 4 (0.266%) MBA
8 3 (0.200%) CFA
8 3 (0.200%) PhD
9 2 (0.133%) PRINCE2 Certification
9 2 (0.133%) ISEB Practitioner
9 2 (0.133%) APMP
10 1 (0.067%) Six Sigma Green Belt
10 1 (0.067%) SC Cleared
10 1 (0.067%) DV Cleared
10 1 (0.067%) Security Cleared
10 1 (0.067%) Six Sigma Black Belt
10 1 (0.067%) MCSE
10 1 (0.067%) Microsoft Certification
Quality Assurance & Compliance
1 38 (2.528%) QA
2 8 (0.532%) Basel III
3 7 (0.466%) Sarbanes-Oxley
4 5 (0.333%) SLA
5 4 (0.266%) Basel II
5 4 (0.266%) MiFID
6 2 (0.133%) PCI DSS
6 2 (0.133%) Data Quality
6 2 (0.133%) FATCA
System Software
1 1 (0.067%) NFS
1 1 (0.067%) NDS
1 1 (0.067%) Active Directory
Systems Management
1 34 (2.262%) HP Quality Center
2 6 (0.399%) Splunk
3 4 (0.266%) Systems Management Server (SMS)
4 1 (0.067%) CA Wily
4 1 (0.067%) SCCM
4 1 (0.067%) SCOM
4 1 (0.067%) BMC PATROL
4 1 (0.067%) Control-M
Vendors
1 230 (15.30%) Oracle
2 97 (6.454%) Murex
3 91 (6.055%) Microsoft
4 77 (5.123%) TIBCO
5 58 (3.859%) Sybase
6 54 (3.593%) Business Objects
7 46 (3.061%) 29West
8 42 (2.794%) Reuters
9 38 (2.528%) Bloomberg
10 35 (2.329%) Calypso
11 18 (1.198%) DataSynapse
12 16 (1.065%) Charles River
13 15 (0.998%) SunGard
14 14 (0.931%) HP
14 14 (0.931%) SAP
14 14 (0.931%) ION Trading
15 13 (0.865%) Thunderhead
15 13 (0.865%) Infragistics
16 11 (0.732%) Adobe
17 10 (0.665%) thinkFolio
City, London
Leading Investment Bank requires a strong Java Developer with excellent knowledge of FX to work in their Algorithmic development team on order strategies and pricing models. The successful...
Nicoll Curtin
Rate: £600 - £750 per day
Posted: 23 May 2013
City of London
Location: London Key tech: Java, low latency, multi-threading, high frequency, algorithmic development, 29 west, SQL, agile, TDD. Leading Investment Bank requires a strong Java Developer with excellent...
Huxley Associates
Rate: £600 - £700 per day
Posted: 15 May 2013
London
Implement: - Integration of cross-asset trading system feeds (Futures, Rates and Forward FX instruments) into Risk Viewer trade repositories. - Server side development of Risk Viewer (scheduling, configuring and...
Huxley Associates
Rate: £600 - £750 per day
Posted: 16 May 2013
City of London
C# Developer with strong VBA skills required by a top-tier Investment Bank They require a C# Developer with strong VBA skills who has commercial experience of FX...
Real Staffing
Rate: £500 - £550 per day
Posted: 15 May 2013
City of London
Preferred Experience of C++ Developer: Knowledge of SQL Clearcase Experience Scripting FX and E-Commerce Business Knowledge Linux Platform The role requires the C++ Developer to have worked...
Real Staffing
Rate: £450 - £550 per annum
Posted: 15 May 2013
London
Proven real time pricing, risk management and real time algo trading experience. *Recent examples of Front office java and C# skills within a global baking arena is essential...
Rate: £600 - £675 per day
Posted: 11 May 2013
London
C++, DMA, FX, High performance, low latency Experienced C++ developer to work within FX eTrading group of this leading investment bank in London. Following new investment in the...
Thomson Keene Associates
Rate: £550 - £700 per day
Posted: 20 May 2013
City, London
The applicant must have strong knowledge of; * Portfolio and order management processes and workflow * CRIMS v9 (at least 1 year) * Equity, Fixed Income and Credit Derivatives securities, their...
I.T. Skillfinder
Rate: £600 - £725 per day
Posted: 22 May 2013
City, London
The applicant must have strong knowledge of; * Portfolio and order management processes and workflow * CRIMS v9 (at least 1 year) * Equity, Fixed Income and Credit Derivatives securities, their...
I.T. Skillfinder
Rate: market rates
Posted: 22 May 2013
London
Front Office Algo Trading DeveloperOur client are searching for a proven Front Office Algo Trading Developer to work within a critical team responsible for developing FXe-Trading Forwards/...
Rate: £600 - £675 per day
Posted: 11 May 2013
City, London
A leading Investment Bank are currently recruiting for a C# developer to work in a Quant Risk team. The Group is comprised of three main quantitative functions, Model...
Aston Carter
Rate: £400 - £450 per day
Posted: 22 May 2013
City of London
What the role will entail: This role is recruiting for a multi-threaded C++ Linux developer to join an existing team focused on building out the functionality and...
Real Staffing
Rate: £400 - £600 per day
Posted: 21 May 2013
London
Summary of Role -A Strong technical Java Developer. -Excellent FX ecommerce knowledge. -Experience is working on and developing in-house FX ecommerce system in an investment bank -Design...
Aston Carter
Rate: £600 - £650 per day
Posted: 20 May 2013
London
This is a globally recognised leading FX trading platform. Key Skills required: § Java (strong server side multi threading experience) § TDD, Scrum, Agile, § Experience in working on an eCommerce...
McGregor Boyall
Rate: VP level or £550-600
Posted: 21 May 2013
London
This is a globally recognised leading FX trading platform. Key Skills required: Java (strong server side multi threading experience) TDD, Scrum, Agile, Experience in working on an eCommerce...
McGregor Boyall
Rate: £550 - £650 per annum + Benefits
Posted: 22 May 2013
City of London
Our Client, a leading investment bank, currently requires an experienced FX IT Development Project Manager to join its team. The main focus of the Project Managers role will...
Hays Specialist Recruitment
Rate: £550.00 - £600.00 per day
Posted: 8 May 2013
London
Skills: C# Developer, FX, Algo-trading... My client is looking for two C# Developers with strong experience in the FX Algo business... Key Skills: Strong C# development skills...
ComputAppoint
Posted: 20 May 2013
City, London
An experienced Java Developer is required for a Leading Investment Bank in London. The successful candidate will work on developing new and enhancing current Low Latency trading application...
Thomson Keene Associates
Rate: £600 - £650 per day
Posted: 20 May 2013
City of London
C#, Multi-threading, WCF, SQL Server, Stored Procedures, WPF, Infragistics, DevExpress, Distributed Systems, Grid Computing, Risk, Fixed Income, FX... Any experience working with Infragistics, Component One, DevExpress, UML,...
Huxley Associates
Rate: £550 - £650 per day
Posted: 17 May 2013
City of London
The successful candidate will have an excellent track record of business analysis within investment banking including requirements gathering, producing functional and non functional specifications and worked within an...
Orgtel
Rate: £450 - £550 per day
Posted: 17 May 2013
City of London
Java FX Analyst / Developer - Banking - London - Up to £600pd Our Client, an investment bank, are currently looking for a Java FX Developer to work in their London Office,...
Orgtel
Rate: £500 - £600 per day
Posted: 15 May 2013
City of London
Location: London Essential Skills: Java (server), C# (client), XML, XSLT Nice to have skills: WebSphere or similar application server, Agile, Test Driven Development (TDD) Middle Office, client/server.
Huxley Associates
Rate: £450 - £600 per day
Posted: 15 May 2013
City, London
Strong data modelling. - Experience creating sample messages is required. - Excellent derivatives knowledge and experience, preferably FX, commodities and equities. - Extensive UAT testing experience. Communication skills are key for...
Aston Carter
Rate: £400 - £450 per annum
Posted: 20 May 2013
London
They are now looking for a strong Business Analyst to join their team who has cross asset knowledge including FX, Money markets, Bonds and derivatives.The successful applicant...
Hays Specialist Recruitment
Rate: £400.00 per day
Posted: 17 May 2013
London
Key Skills: - Experience with connections to FX markets such as EBS, FXall Reuters. (Desirable) - Configuration, change and release management - Functional understanding of C++, C#, JAVA, HTTP, TCP/IP,...
Montash
Rate: Negotiable
Posted: 23 May 2013