The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the East of England 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 28 April 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
28 Apr 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 127 - 139
Rank change year-on-year
- 0
Contract jobs citing Foreign Exchange (FX) 1 0 5
As % of all contract IT jobs located in the East of England 0.040% - 0.16%
As % of the Miscellaneous category 0.14% - 0.58%
Number of daily rates quoted 1 0 4
Average daily rate £600 - £465
UK excluding London average daily rate £388 £400 £415
% change year-on-year
-3.12% -3.61%
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)
England

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

Miscellaneous Category
East of England
Contract IT job ads with a match in the
Miscellaneous category
724 779 860
As % of all contract IT jobs located in the East of England 28.65% 29.39% 27.94%
Number of daily rates quoted 378 436 451
Average daily rate £400 £375 £368
Average daily rate % change year-on-year
+6.66% +2.04%
90% offered a daily rate of more than £250 £225 £170
10% offered a daily rate of more than £588 £500 £475
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 62 72 56
Average hourly rate £19.00 £25.00 £23.00
Average hourly rate % change year-on-year
-24.00% +8.69%
90% offered a hourly rate of more than £11.75 £12.00 £11.90
10% offered a hourly rate of more than £46.07 £41.50 £39.00
UK excluding London average hourly rate £22.00 £18.75 £20.00
% change year-on-year
+17.33% -6.25%

Foreign Exchange (FX)
Jobs Demand Trend in the East of England

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

Foreign Exchange (FX) Jobs Demand Trend in the East of England

Foreign Exchange (FX)
Daily Rate Trend in the East of England

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

Foreign Exchange (FX) Daily Rate Trend in the East of England

Foreign Exchange (FX)
Contract Job Locations in the East of England

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 East of England region over the 3 months to 28 April 2016. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
Cambridgeshire - 1 £600 - 1
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Top 12 Related IT Skills in the East of England

For the 6 months to 28 April 2016, IT contractor jobs across the East of England 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 1 (100.00%) C#
1 1 (100.00%) C++
1 1 (100.00%) Linux
1 1 (100.00%) Python
1 1 (100.00%) Risk Management
1 1 (100.00%) Finance
1 1 (100.00%) Equities
1 1 (100.00%) OpenMP
1 1 (100.00%) Mathematics
1 1 (100.00%) Credit Risk
1 1 (100.00%) CUDA
1 1 (100.00%) Low Latency

Foreign Exchange (FX)
Top Related IT Skills in the East of England by Category

For the 6 months to 28 April 2016, IT contractor jobs across the East of England 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.

General
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) C# Developer
1 1 (100.00%) Developer
1 1 (100.00%) Python Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) OpenMP
Miscellaneous
1 1 (100.00%) Credit Risk
1 1 (100.00%) CUDA
1 1 (100.00%) Equities
1 1 (100.00%) Mathematics
Operating Systems
1 1 (100.00%) Linux
Processes & Methodologies
1 1 (100.00%) Low Latency
1 1 (100.00%) Risk Management
Programming Languages
1 1 (100.00%) C#
1 1 (100.00%) C++
1 1 (100.00%) Python