The first table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Glasgow 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 23 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 Glasgow 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
23 May 2013
Same period 2012 Same period 2011
Foreign Exchange (FX)
Rank 48 56 60
Rank change year-on-year
+8 +4
Contract jobs citing Foreign Exchange (FX) 34 1 3
As % of all contract IT jobs located in Glasgow 3.594% 0.129% 0.424%
As % of the Miscellaneous category 12.98% 0.746% 3.061%
Number of daily rates quoted 28 1 3
Average daily rate £450 £150 £270
Average daily rate % change year-on-year
+200.00% -44.44%
90% offered a daily rate of more than £300 £150 £234
10% offered a daily rate of more than £500 £150 £354
UK excluding London average daily rate £425 £288 £408
% change year-on-year
+47.82% -29.44%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All of the Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
262 134 98
As % of all contract IT jobs located in Glasgow 27.70% 17.34% 13.84%
Number of daily rates quoted 113 63 62
Average daily rate £360 £350 £350
Average daily rate % change year-on-year
+2.78% -
90% offered a daily rate of more than £269 £199 £208
10% offered a daily rate of more than £500 £427 £430
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 7 13 5
Average hourly rate £14.00 £25.00 £30.00
Average hourly rate % change year-on-year
-44.00% -16.66%
90% offered a hourly rate of more than £11.89 £12.00 £20.40
10% offered a hourly rate of more than £14.20 £26.00 £121.00
UK excluding London average hourly rate £22.50 £23.00 £26.50
% change year-on-year
-2.17% -13.20%
Foreign Exchange (FX)
Scotland

Foreign Exchange (FX)
Jobs Demand Trend

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

Glasgow 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 Glasgow region.

Glasgow 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 Glasgow region over the 3 months to 23 May 2013.

Glasgow Foreign Exchange (FX) Daily Rate Histogram

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 23 May 2013, IT contractor jobs across the Glasgow 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 26 (70.27%) Finance
2 24 (64.86%) Banking
2 24 (64.86%) Multithreading
3 19 (51.35%) C#
4 15 (40.54%) Java
4 15 (40.54%) WPF
5 14 (37.84%) Front Office
6 12 (32.43%) Fixed Income
6 12 (32.43%) TDD
7 10 (27.03%) Degree
7 10 (27.03%) TIBCO
8 8 (21.62%) Apache Flex
9 7 (18.92%) HTML5
10 6 (16.22%) Boost C++ Libraries
10 6 (16.22%) Adobe
10 6 (16.22%) C++
10 6 (16.22%) STL
11 4 (10.81%) Spring
11 4 (10.81%) Apache CXF
11 4 (10.81%) Hibernate
12 3 (8.108%) Electronic Trading
12 3 (8.108%) Sybase
12 3 (8.108%) JAXB
13 2 (5.405%) RDBMS
13 2 (5.405%) OOP
13 2 (5.405%) OO
13 2 (5.405%) Reactive Extensions
14 1 (2.703%) Sencha Touch
14 1 (2.703%) Parsley
14 1 (2.703%) FATCA

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 23 May 2013, IT contractor jobs across the Glasgow 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 15 (40.54%) WPF
2 8 (21.62%) Apache Flex
3 7 (18.92%) HTML5
4 6 (16.22%) Boost C++ Libraries
4 6 (16.22%) STL
5 4 (10.81%) Spring
5 4 (10.81%) Apache CXF
5 4 (10.81%) Hibernate
6 3 (8.108%) JAXB
7 2 (5.405%) Reactive Extensions
8 1 (2.703%) Sencha Touch
8 1 (2.703%) Parsley
8 1 (2.703%) AngularJS
8 1 (2.703%) jQuery
8 1 (2.703%) Ext JS
8 1 (2.703%) Cairngorm
8 1 (2.703%) WebSphere
8 1 (2.703%) Java EE
8 1 (2.703%) JMS
8 1 (2.703%) CSS
Application Platforms
1 1 (2.703%) Apache
1 1 (2.703%) Tomcat
1 1 (2.703%) WebLogic
Communications & Networking
1 1 (2.703%) HTTP
Database & Business Intelligence
1 2 (5.405%) RDBMS
2 1 (2.703%) KDB
2 1 (2.703%) DB2
Development Applications
1 1 (2.703%) Aptana Studio
1 1 (2.703%) Eclipse
1 1 (2.703%) IntelliJ
General
1 26 (70.27%) Finance
2 24 (64.86%) Banking
3 14 (37.84%) Front Office
4 1 (2.703%) Investment Banking
4 1 (2.703%) Legal
Job Titles
1 36 (97.30%) Developer
2 15 (40.54%) C# Developer
2 15 (40.54%) Java Developer
3 9 (24.32%) Front Office Developer
4 6 (16.22%) C++ Developer
5 4 (10.81%) WPF Developer
6 3 (8.108%) Senior Developer
7 2 (5.405%) Senior Java Developer
8 1 (2.703%) Senior C++ Developer
8 1 (2.703%) Flex Developer
8 1 (2.703%) Java/J2EE Developer
8 1 (2.703%) Analyst
Miscellaneous
1 12 (32.43%) Fixed Income
2 1 (2.703%) Market Risk
2 1 (2.703%) Derivative
2 1 (2.703%) Equities
Operating Systems
1 1 (2.703%) UNIX
1 1 (2.703%) Windows
1 1 (2.703%) Linux
Processes & Methodologies
1 24 (64.86%) Multithreading
2 12 (32.43%) TDD
3 3 (8.108%) Electronic Trading
4 2 (5.405%) OOP
4 2 (5.405%) OO
5 1 (2.703%) Dependency Injection
5 1 (2.703%) Portfolio Management
5 1 (2.703%) Software Engineering
5 1 (2.703%) Business Analysis
5 1 (2.703%) Risk Management
5 1 (2.703%) OOD
Programming Languages
1 19 (51.35%) C#
2 15 (40.54%) Java
3 6 (16.22%) C++
4 1 (2.703%) Python
4 1 (2.703%) JavaScript
4 1 (2.703%) SQL
4 1 (2.703%) ActionScript
Qualifications
1 10 (27.03%) Degree
Quality Assurance & Compliance
1 1 (2.703%) FATCA
Vendors
1 10 (27.03%) TIBCO
2 6 (16.22%) Adobe
3 3 (8.108%) Sybase
4 1 (2.703%) Sencha
4 1 (2.703%) JBoss
4 1 (2.703%) Oracle