The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Birmingham 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 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.

3 months to
1 May 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 64 - -
Rank change year-on-year
- 0
Contract jobs citing Foreign Exchange (FX) 1 0 0
As % of all contract IT jobs located in Birmingham 0.13% - -
As % of the Miscellaneous category 0.45% - -
Number of daily rates quoted 1 0 0
Average daily rate £450 - -
UK excluding London average daily rate £388 £425 £415
% change year-on-year
-8.82% +2.40%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £13.50 £47.00
% change year-on-year
- -71.27%
Foreign Exchange (FX)
West Midlands

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Birmingham region.

Miscellaneous Category
Birmingham
Contract IT job ads with a match in the
Miscellaneous category
221 229 173
As % of all contract IT jobs located in Birmingham 28.66% 27.66% 28.18%
Number of daily rates quoted 152 153 94
Average daily rate £375 £350 £275
Average daily rate % change year-on-year
+7.14% +27.27%
90% offered a daily rate of more than £240 £200 £100
10% offered a daily rate of more than £500 £475 £450
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 10 6 10
Average hourly rate £13.00 £15.00 £16.00
Average hourly rate % change year-on-year
-13.33% -6.25%
90% offered a hourly rate of more than £11.80 £11.93 £11.00
10% offered a hourly rate of more than £36.00 £24.10 £31.40
UK excluding London average hourly rate £21.75 £18.90 £20.21
% change year-on-year
+15.07% -6.45%

Foreign Exchange (FX)
Jobs Demand Trend in Birmingham

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

Foreign Exchange (FX) Jobs Demand Trend in Birmingham

Foreign Exchange (FX)
Daily Rate Trend in Birmingham

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

Foreign Exchange (FX) Daily Rate Trend in Birmingham

Foreign Exchange (FX)
Top 30 Related IT Skills in Birmingham

For the 6 months to 1 May 2016, IT contractor jobs across the Birmingham 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 5 (83.33%) Finance
1 5 (83.33%) Banking
2 3 (50.00%) Derivative
2 3 (50.00%) Perl
3 2 (33.33%) SQL
3 2 (33.33%) ITIL
3 2 (33.33%) Unix
3 2 (33.33%) Python
3 2 (33.33%) Java
3 2 (33.33%) Shell Script
3 2 (33.33%) Financial Institution
3 2 (33.33%) Back Office
3 2 (33.33%) ITIL V3
4 1 (16.67%) Continuous Improvement
4 1 (16.67%) Fintech
4 1 (16.67%) Retail
4 1 (16.67%) Data Management
4 1 (16.67%) Investment Banking
4 1 (16.67%) Business Analysis
4 1 (16.67%) Knowledge Management
4 1 (16.67%) Incident Management
4 1 (16.67%) Stakeholder Management
4 1 (16.67%) Requirements Management
4 1 (16.67%) Retail Banking
4 1 (16.67%) SunGard GMI
4 1 (16.67%) Degree
4 1 (16.67%) Computer Science
4 1 (16.67%) Problem Management
4 1 (16.67%) Electronic Trading
4 1 (16.67%) GAP Analysis

Foreign Exchange (FX)
Top Related IT Skills in Birmingham by Category

For the 6 months to 1 May 2016, IT contractor jobs across the Birmingham 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.

Business Applications
1 1 (16.67%) SunGard GMI
General
1 5 (83.33%) Banking
1 5 (83.33%) Finance
2 2 (33.33%) Back Office
2 2 (33.33%) Financial Institution
3 1 (16.67%) Investment Banking
3 1 (16.67%) Retail
3 1 (16.67%) Retail Banking
Job Titles
1 5 (83.33%) Analyst
2 3 (50.00%) Business Analyst
3 2 (33.33%) Banking Analyst
3 2 (33.33%) Junior
4 1 (16.67%) Banking Business Analyst
4 1 (16.67%) Business Change Analyst
4 1 (16.67%) Business Change Business Analyst
4 1 (16.67%) Change Analyst
4 1 (16.67%) FX Business Analyst
4 1 (16.67%) Junior Analyst
4 1 (16.67%) Junior Support Engineer
4 1 (16.67%) Senior Analyst
4 1 (16.67%) Senior Business Analyst
4 1 (16.67%) Senior Business Change Analyst
4 1 (16.67%) Senior Change Analyst
4 1 (16.67%) Support Analyst
4 1 (16.67%) Support Engineer
Miscellaneous
1 3 (50.00%) Derivative
2 1 (16.67%) Computer Science
2 1 (16.67%) Fintech
Operating Systems
1 2 (33.33%) Unix
2 1 (16.67%) Linux
Processes & Methodologies
1 2 (33.33%) ITIL
1 2 (33.33%) ITIL V3
2 1 (16.67%) Business Analysis
2 1 (16.67%) Continuous Improvement
2 1 (16.67%) Data Management
2 1 (16.67%) Electronic Trading
2 1 (16.67%) GAP Analysis
2 1 (16.67%) Incident Management
2 1 (16.67%) Knowledge Management
2 1 (16.67%) Problem Management
2 1 (16.67%) Requirements Management
2 1 (16.67%) Stakeholder Management
Programming Languages
1 3 (50.00%) Perl
2 2 (33.33%) Java
2 2 (33.33%) Python
2 2 (33.33%) Shell Script
2 2 (33.33%) SQL
Qualifications
1 1 (16.67%) Degree
Vendors
1 1 (16.67%) SunGard