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 19 December 2014 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
19 Dec 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank - 58 61
Contract jobs citing Foreign Exchange (FX) 0 2 1
As % of all contract IT jobs located in Glasgow - 0.33% 0.15%
As % of the Miscellaneous category - 1.38% 0.75%
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £390 £450 £425
% change year-on-year
-13.33% +5.88%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £11.38 - -
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
159 145 134
As % of all contract IT jobs located in Glasgow 21.69% 23.89% 19.71%
Number of daily rates quoted 86 60 73
Average daily rate £320 £365 £258
Average daily rate % change year-on-year
-12.32% +41.74%
90% offered a daily rate of more than £194 £225 £125
10% offered a daily rate of more than £475 £450 £400
UK excluding London average daily rate £370 £350 £340
% change year-on-year
+5.71% +2.94%
Number of hourly rates quoted 2 8 8
Average hourly rate £15.77 £13.50 £17.50
Average hourly rate % change year-on-year
+16.81% -22.85%
UK excluding London average hourly rate £17.00 £19.00 £20.00
% change year-on-year
-10.52% -5.00%

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 19 December 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 9 (75.00%) Finance
2 8 (66.67%) OO
3 7 (58.33%) C#
3 7 (58.33%) WPF
4 6 (50.00%) TDD
4 6 (50.00%) Risk Management
4 6 (50.00%) Java
5 4 (33.33%) SQL
5 4 (33.33%) E-Commerce
5 4 (33.33%) SOA
5 4 (33.33%) Microsoft
5 4 (33.33%) UNIX
5 4 (33.33%) Derivative
5 4 (33.33%) Agile Software Development
5 4 (33.33%) Scala
5 4 (33.33%) Reactive Extensions
5 4 (33.33%) Relational Database
6 3 (25.00%) Linux
7 2 (16.67%) Front Office
7 2 (16.67%) .NET
7 2 (16.67%) Hedge funds
8 1 (8.33%) Data Visualisation
8 1 (8.33%) Visualisation
8 1 (8.33%) Algorithmic Trading
8 1 (8.33%) KDB
8 1 (8.33%) Multithreading
8 1 (8.33%) Banking
8 1 (8.33%) Business Intelligence
8 1 (8.33%) WinForms
8 1 (8.33%) Equities

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

For the 6 months to 19 December 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.

Database & Business Intelligence
1 4 (33.33%) Relational Database
2 1 (8.33%) KDB
General
1 9 (75.00%) Finance
2 2 (16.67%) Front Office
3 1 (8.33%) Banking
Job Titles
1 11 (91.67%) Developer
2 6 (50.00%) C# Developer
3 4 (33.33%) Java Developer
3 4 (33.33%) WPF Developer
4 1 (8.33%) .NET Developer
4 1 (8.33%) MI Analyst
4 1 (8.33%) Analyst
Libraries, Frameworks & Software Standards
1 7 (58.33%) WPF
2 4 (33.33%) Reactive Extensions
3 2 (16.67%) .NET
4 1 (8.33%) WinForms
Miscellaneous
1 4 (33.33%) Derivative
2 2 (16.67%) Hedge funds
3 1 (8.33%) Visualisation
3 1 (8.33%) Equities
3 1 (8.33%) Analytical Skills
Operating Systems
1 4 (33.33%) UNIX
2 3 (25.00%) Linux
Processes & Methodologies
1 8 (66.67%) OO
2 6 (50.00%) TDD
2 6 (50.00%) Risk Management
3 4 (33.33%) E-Commerce
3 4 (33.33%) SOA
3 4 (33.33%) Agile Software Development
4 1 (8.33%) Data Visualisation
4 1 (8.33%) Algorithmic Trading
4 1 (8.33%) Multithreading
4 1 (8.33%) Business Intelligence
4 1 (8.33%) Mentoring
4 1 (8.33%) Performance Tuning
Programming Languages
1 7 (58.33%) C#
2 6 (50.00%) Java
3 4 (33.33%) SQL
3 4 (33.33%) Scala
Vendors
1 4 (33.33%) Microsoft