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 30 July 2014 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
30 Jul 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 48 48 55
Rank change year-on-year
0 +7
Contract jobs citing Foreign Exchange (FX) 24 21 6
As % of all contract IT jobs located in Glasgow 2.93% 2.72% 0.73%
As % of the Miscellaneous category 13.56% 11.86% 4.80%
Number of daily rates quoted 15 19 4
Average daily rate
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of your Daily Rate
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£375 £500 £150
Average daily rate % change year-on-year
-25.00% +233.33%
UK excluding London average daily rate £375 £450 £413
% change year-on-year
-16.66% +9.09%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £49.00 £25.00
% change year-on-year
- +96.00%
Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
177 177 125
As % of all contract IT jobs located in Glasgow 21.61% 22.96% 15.15%
Number of daily rates quoted 89 84 58
Average daily rate £375 £425 £325
Average daily rate % change year-on-year
-11.76% +30.76%
90% offered a daily rate of more than £250 £166 £200
10% offered a daily rate of more than £445 £500 £425
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 3 9 9
Average hourly rate £17.50 £12.50 £12.50
Average hourly rate % change year-on-year
+40.00% -
90% offered a hourly rate of more than £11.50 £9.25 £9.50
10% offered a hourly rate of more than £94.00 £17.20 £20.06
UK excluding London average hourly rate £20.75 £21.00 £25.73
% change year-on-year
-1.19% -18.38%
Foreign Exchange (FX)
Scotland

Foreign Exchange (FX)
Jobs Demand Trend in Glasgow

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.

Foreign Exchange (FX) Jobs Demand Trend in Glasgow

Foreign Exchange (FX)
Daily Rate Trend in Glasgow

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

Foreign Exchange (FX) Daily Rate Trend in Glasgow

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

For the 6 months to 30 July 2014, 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 27 (75.00%) Java
2 20 (55.56%) C#
3 18 (50.00%) Equities
3 18 (50.00%) Banking
4 17 (47.22%) Front Office
5 16 (44.44%) SQL
5 16 (44.44%) Linux
6 15 (41.67%) OO
6 15 (41.67%) .NET
7 14 (38.89%) WPF
7 14 (38.89%) KDB
7 14 (38.89%) Multithreading
8 12 (33.33%) C++
9 10 (27.78%) Perl
9 10 (27.78%) Python
10 9 (25.00%) Finance
10 9 (25.00%) Derivative
11 8 (22.22%) FIX Protocol
11 8 (22.22%) UNIX
12 7 (19.44%) Relational Database
12 7 (19.44%) Scala
13 6 (16.67%) Boost C++ Libraries
13 6 (16.67%) TDD
14 4 (11.11%) Data Visualisation
14 4 (11.11%) Visualisation
14 4 (11.11%) Task Parallel Library
14 4 (11.11%) Performance Tuning
14 4 (11.11%) Performance Analysis
14 4 (11.11%) Algorithmic Trading
14 4 (11.11%) Spring

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

For the 6 months to 30 July 2014, 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 Platforms
1 4 (11.11%) Apache
1 4 (11.11%) Tomcat
Database & Business Intelligence
1 14 (38.89%) KDB
2 7 (19.44%) Relational Database
3 1 (2.78%) Oracle Reports
3 1 (2.78%) Data Warehouse
General
1 18 (50.00%) Banking
2 17 (47.22%) Front Office
3 9 (25.00%) Finance
4 4 (11.11%) Investment Banking
Job Titles
1 35 (97.22%) Developer
2 13 (36.11%) C# Developer
3 12 (33.33%) Java Developer
4 11 (30.56%) WPF Developer
5 8 (22.22%) C++ Developer
6 1 (2.78%) Analyst
6 1 (2.78%) Senior Developer
6 1 (2.78%) Data Warehouse Developer
6 1 (2.78%) Senior Oracle Developer
6 1 (2.78%) Oracle Developer
6 1 (2.78%) .NET Developer
6 1 (2.78%) Oracle Data Warehouse Developer
6 1 (2.78%) Senior Data Warehouse Developer
6 1 (2.78%) Senior Oracle Data Warehouse Developer
6 1 (2.78%) MI Analyst
Libraries, Frameworks & Software Standards
1 15 (41.67%) .NET
2 14 (38.89%) WPF
3 8 (22.22%) FIX Protocol
4 6 (16.67%) Boost C++ Libraries
5 4 (11.11%) Task Parallel Library
5 4 (11.11%) Spring
5 4 (11.11%) JMS
5 4 (11.11%) Hibernate
5 4 (11.11%) WinForms
5 4 (11.11%) Web Services
6 3 (8.33%) Reactive Extensions
7 2 (5.56%) XML
Miscellaneous
1 18 (50.00%) Equities
2 9 (25.00%) Derivative
3 4 (11.11%) Visualisation
3 4 (11.11%) Fixed Income
4 2 (5.56%) Hedge funds
Operating Systems
1 16 (44.44%) Linux
2 8 (22.22%) UNIX
Processes & Methodologies
1 15 (41.67%) OO
2 14 (38.89%) Multithreading
3 6 (16.67%) TDD
4 4 (11.11%) Data Visualisation
4 4 (11.11%) Performance Tuning
4 4 (11.11%) Performance Analysis
4 4 (11.11%) Algorithmic Trading
4 4 (11.11%) SOA
5 3 (8.33%) Risk Management
5 3 (8.33%) E-Commerce
5 3 (8.33%) Agile Software Development
6 2 (5.56%) Electronic Trading
6 2 (5.56%) OOP
7 1 (2.78%) ETL
7 1 (2.78%) Business Intelligence
Programming Languages
1 27 (75.00%) Java
2 20 (55.56%) C#
3 16 (44.44%) SQL
4 12 (33.33%) C++
5 10 (27.78%) Perl
5 10 (27.78%) Python
6 7 (19.44%) Scala
Vendors
1 4 (11.11%) IBM
2 3 (8.33%) Microsoft
3 1 (2.78%) Oracle