The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Edinburgh 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 31 July 2015 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
31 Jul 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 87 81 65
Rank change year-on-year
-6 -16
Contract jobs citing Foreign Exchange (FX) 3 1 4
As % of all contract IT jobs located in Edinburgh 0.19% 0.078% 0.39%
As % of the Miscellaneous category 0.75% 0.30% 1.62%
Number of daily rates quoted 2 0 3
Average daily rate
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£406 - £650
UK excluding London average daily rate £450 £375 £450
% change year-on-year
+20.00% -16.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £49.00
Foreign Exchange (FX)
Scotland

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

Miscellaneous Category
Edinburgh
Contract IT job ads with a match in the
Miscellaneous category
400 328 247
As % of all contract IT jobs located in Edinburgh 24.81% 25.63% 24.05%
Number of daily rates quoted 204 192 113
Average daily rate £375 £375 £375
90% offered a daily rate of more than £250 £243 £200
10% offered a daily rate of more than £475 £600 £525
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 8 7 4
Average hourly rate £17.50 £21.00 £13.00
Average hourly rate % change year-on-year
-16.66% +61.53%
90% offered a hourly rate of more than £14.20 £11.00 £12.19
10% offered a hourly rate of more than £29.95 £26.25 £19.65
UK excluding London average hourly rate £19.08 £21.00 £20.00
% change year-on-year
-9.14% +5.00%

Foreign Exchange (FX)
Jobs Demand Trend in Edinburgh

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

Foreign Exchange (FX) Jobs Demand Trend in Edinburgh

Foreign Exchange (FX)
Daily Rate Trend in Edinburgh

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

Foreign Exchange (FX) Daily Rate Trend in Edinburgh

Foreign Exchange (FX)
Daily Rate Histogram in Edinburgh

This chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) across the Edinburgh region over the 3 months to 31 July 2015.

Foreign Exchange (FX) Daily Rate Histogram in Edinburgh

Foreign Exchange (FX)
Hourly Rate Trend in Edinburgh

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

Foreign Exchange (FX) Hourly Rate Trend in Edinburgh

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

For the 6 months to 31 July 2015, IT contractor jobs across the Edinburgh 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 (80.00%) Derivative
2 3 (60.00%) Banking
2 3 (60.00%) Finance
2 3 (60.00%) Investment Banking
3 2 (40.00%) Multithreading
3 2 (40.00%) C#
3 2 (40.00%) Equities
3 2 (40.00%) Equity Derivative
3 2 (40.00%) WPF
4 1 (20.00%) Silverlight
4 1 (20.00%) Algorithmic Trading
4 1 (20.00%) Use Case
4 1 (20.00%) User Acceptance Testing
4 1 (20.00%) Operations Research
4 1 (20.00%) WCF
4 1 (20.00%) Agile Software Development
4 1 (20.00%) Risk Assessment
4 1 (20.00%) Asset Management
4 1 (20.00%) Data Analysis
4 1 (20.00%) Spring
4 1 (20.00%) Java
4 1 (20.00%) SQL
4 1 (20.00%) .NET
4 1 (20.00%) Oracle
4 1 (20.00%) ASP.NET
4 1 (20.00%) Data Modelling
4 1 (20.00%) Six Sigma
4 1 (20.00%) Charles River
4 1 (20.00%) Project Management
4 1 (20.00%) GAAP

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

For the 6 months to 31 July 2015, IT contractor jobs across the Edinburgh 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 1 (20.00%) Relational Database
General
1 3 (60.00%) Finance
1 3 (60.00%) Banking
1 3 (60.00%) Investment Banking
2 1 (20.00%) Advertising
Job Titles
1 3 (60.00%) Developer
2 2 (40.00%) Analyst
2 2 (40.00%) C# Developer
3 1 (20.00%) Risk Analyst
3 1 (20.00%) Operational Risk Analyst
3 1 (20.00%) Java Developer
3 1 (20.00%) Business Analyst
Libraries, Frameworks & Software Standards
1 2 (40.00%) WPF
2 1 (20.00%) Silverlight
2 1 (20.00%) .NET
2 1 (20.00%) ASP.NET
2 1 (20.00%) Hibernate
2 1 (20.00%) Spring
2 1 (20.00%) WCF
Miscellaneous
1 4 (80.00%) Derivative
2 2 (40.00%) Equity Derivative
2 2 (40.00%) Equities
3 1 (20.00%) Fixed Income
Processes & Methodologies
1 2 (40.00%) Multithreading
2 1 (20.00%) Financial Modelling
2 1 (20.00%) Stakeholder Engagement
2 1 (20.00%) Low Latency
2 1 (20.00%) Data Modelling
2 1 (20.00%) Six Sigma
2 1 (20.00%) Project Management
2 1 (20.00%) MVC
2 1 (20.00%) Risk Management
2 1 (20.00%) Risk Assessment
2 1 (20.00%) Agile Software Development
2 1 (20.00%) Asset Management
2 1 (20.00%) Data Analysis
2 1 (20.00%) Software Engineering
2 1 (20.00%) Operations Research
2 1 (20.00%) Algorithmic Trading
2 1 (20.00%) Use Case
2 1 (20.00%) User Acceptance Testing
Programming Languages
1 2 (40.00%) C#
2 1 (20.00%) Java
2 1 (20.00%) SQL
Quality Assurance & Compliance
1 1 (20.00%) GAAP
1 1 (20.00%) EMIR
1 1 (20.00%) Dodd-Frank
Vendors
1 1 (20.00%) Oracle
1 1 (20.00%) Charles River