The 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 13 February 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.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 56 63 -
Rank change year-on-year
+7 -
Contract jobs citing Foreign Exchange (FX) 1 3 0
As % of all contract IT jobs located in Glasgow 0.17% 0.39% -
As % of the Miscellaneous category 0.61% 1.64% -
Number of daily rates quoted 1 2 0
Average daily rate £375 £475 -
Average daily rate % change year-on-year
-21.05% -
UK excluding London average daily rate £400 £420 £425
% change year-on-year
-4.76% -1.17%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - £47.00
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 Glasgow region.

Miscellaneous Category
Glasgow
Contract IT job ads with a match in the
Miscellaneous category
163 183 145
As % of all contract IT jobs located in Glasgow 26.94% 23.86% 23.46%
Number of daily rates quoted 89 103 79
Average daily rate £275 £325 £370
Average daily rate % change year-on-year
-15.38% -12.16%
90% offered a daily rate of more than £110 £113 £231
10% offered a daily rate of more than £400 £475 £450
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 1 6 7
Average hourly rate £49.41 £15.77 £15.50
Average hourly rate % change year-on-year
+213.31% +1.74%
UK excluding London average hourly rate £22.50 £17.50 £17.50
% change year-on-year
+28.57% -

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 13 February 2016, 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 4 (100.00%) Banking
2 3 (75.00%) Finance
2 3 (75.00%) Visualisation
3 2 (50.00%) Data Visualisation
3 2 (50.00%) Typography
3 2 (50.00%) Infographics
4 1 (25.00%) High Availability
4 1 (25.00%) Web Application Development
4 1 (25.00%) Data Analytics
4 1 (25.00%) AngularJS
4 1 (25.00%) Analytics
4 1 (25.00%) User Experience
4 1 (25.00%) Market Making
4 1 (25.00%) Continuous Delivery
4 1 (25.00%) Front Office
4 1 (25.00%) HTML5
4 1 (25.00%) C#
4 1 (25.00%) HTML
4 1 (25.00%) Java
4 1 (25.00%) JavaScript
4 1 (25.00%) .NET
4 1 (25.00%) Legal
4 1 (25.00%) Fixed Income
4 1 (25.00%) Equities
4 1 (25.00%) Agile Software Development
4 1 (25.00%) Investment Banking
4 1 (25.00%) Derivative
4 1 (25.00%) Equity Derivative
4 1 (25.00%) Contract for Difference
4 1 (25.00%) WPF

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

For the 6 months to 13 February 2016, 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.

General
1 4 (100.00%) Banking
2 3 (75.00%) Finance
3 1 (25.00%) Front Office
3 1 (25.00%) Investment Banking
3 1 (25.00%) Legal
Job Titles
1 2 (50.00%) Designer
1 2 (50.00%) Developer
1 2 (50.00%) Visual Designer
2 1 (25.00%) .NET Developer
2 1 (25.00%) .NET Software Developer
2 1 (25.00%) Angular Developer
2 1 (25.00%) C# .NET Developer
2 1 (25.00%) C# Developer
2 1 (25.00%) C# Software Developer
2 1 (25.00%) C# WPF Developer
2 1 (25.00%) Front End Developer (Client-Side Developer)
2 1 (25.00%) HTML Developer
2 1 (25.00%) JavaScript Developer
2 1 (25.00%) Software Developer
2 1 (25.00%) UI Developer
2 1 (25.00%) WPF Developer
Libraries, Frameworks & Software Standards
1 1 (25.00%) .NET
1 1 (25.00%) AngularJS
1 1 (25.00%) HTML
1 1 (25.00%) HTML5
1 1 (25.00%) WPF
Miscellaneous
1 3 (75.00%) Visualisation
2 1 (25.00%) Contract for Difference
2 1 (25.00%) Derivative
2 1 (25.00%) Equities
2 1 (25.00%) Equity Derivative
2 1 (25.00%) Fixed Income
2 1 (25.00%) User Experience
Processes & Methodologies
1 2 (50.00%) Data Visualisation
1 2 (50.00%) Infographics
1 2 (50.00%) Typography
2 1 (25.00%) Agile Software Development
2 1 (25.00%) Algorithmic Trading
2 1 (25.00%) Analytics
2 1 (25.00%) Continuous Delivery
2 1 (25.00%) Data Analytics
2 1 (25.00%) High Availability
2 1 (25.00%) Investment Management
2 1 (25.00%) Market Making
2 1 (25.00%) Unit Testing
2 1 (25.00%) Wealth Management
2 1 (25.00%) Web Application Development
Programming Languages
1 1 (25.00%) C#
1 1 (25.00%) Java
1 1 (25.00%) JavaScript