The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Northern Ireland 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 5 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
5 Feb 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank - 22 -
Contract jobs citing Foreign Exchange (FX) 0 3 0
As % of all contract IT jobs located in Northern Ireland - 2.75% -
As % of the Miscellaneous category - 5.56% -
Number of daily rates quoted 0 3 0
Average daily rate - £93 -
UK excluding London average daily rate £400 £410 £425
% change year-on-year
-2.43% -3.52%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Foreign Exchange (FX)
UK

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

Miscellaneous Category
Northern Ireland
Contract IT job ads with a match in the
Miscellaneous category
29 54 26
As % of all contract IT jobs located in Northern Ireland 29.59% 49.54% 33.33%
Number of daily rates quoted 9 29 9
Average daily rate £281 £145 £300
Average daily rate % change year-on-year
+93.96% -51.66%
90% offered a daily rate of more than £261 £83 £95
10% offered a daily rate of more than £352 £349 £450
UK excluding London average daily rate £375 £373 £350
% change year-on-year
+0.67% +6.42%
Number of hourly rates quoted 1 2 1
Average hourly rate £13.50 £10.50 £12.42
Average hourly rate % change year-on-year
+28.57% -15.45%
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

Foreign Exchange (FX)
Jobs Demand Trend in Northern Ireland

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

Foreign Exchange (FX) Jobs Demand Trend in Northern Ireland

Foreign Exchange (FX)
Daily Rate Trend in Northern Ireland

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

Foreign Exchange (FX) Daily Rate Trend in Northern Ireland

Foreign Exchange (FX)
Top 15 Related IT Skills in Northern Ireland

For the 6 months to 5 February 2016, IT contractor jobs across the Northern Ireland 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 1 (100.00%) SQL
1 1 (100.00%) OO
1 1 (100.00%) Data Mining
1 1 (100.00%) MATLAB
1 1 (100.00%) Finance
1 1 (100.00%) Fixed Income
1 1 (100.00%) Equities
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) Derivative
1 1 (100.00%) Machine Learning
1 1 (100.00%) Statistical Modelling
1 1 (100.00%) Algorithms
1 1 (100.00%) SDLC
1 1 (100.00%) Anti-Money Laundering

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

For the 6 months to 5 February 2016, IT contractor jobs across the Northern Ireland 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 (100.00%) Data Mining
General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Data Analyst
Miscellaneous
1 1 (100.00%) Algorithms
1 1 (100.00%) Derivative
1 1 (100.00%) Equities
1 1 (100.00%) Fixed Income
Processes & Methodologies
1 1 (100.00%) Anti-Money Laundering
1 1 (100.00%) Machine Learning
1 1 (100.00%) OO
1 1 (100.00%) SDLC
1 1 (100.00%) Statistical Modelling
Programming Languages
1 1 (100.00%) MATLAB
1 1 (100.00%) SQL