The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Scotland 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 3 June 2015 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
3 Jun 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 123 84 60
Rank change year-on-year
-39 -24
Contract jobs citing Foreign Exchange (FX) 5 39 64
As % of all contract IT jobs located in Scotland 0.17% 1.51% 2.61%
As % of the Miscellaneous category 0.63% 5.45% 8.42%
Number of daily rates quoted 1 24 39
Average daily rate
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£500 £375 £401
Average daily rate % change year-on-year
+33.33% -6.36%
UK excluding London average daily rate £350 £375 £425
% change year-on-year
-6.66% -11.76%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £13.50 - -
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 Scotland region.

Miscellaneous Category
Scotland
Contract IT job ads with a match in the
Miscellaneous category
791 715 760
As % of all contract IT jobs located in Scotland 27.08% 27.60% 31.03%
Number of daily rates quoted 375 404 356
Average daily rate £350 £375 £375
Average daily rate % change year-on-year
-6.66% -
90% offered a daily rate of more than £224 £232 £270
10% offered a daily rate of more than £464 £470 £500
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 43 23 24
Average hourly rate £27.44 £25.00 £15.14
Average hourly rate % change year-on-year
+9.76% +65.18%
90% offered a hourly rate of more than £13.00 £12.85 £11.90
10% offered a hourly rate of more than £55.00 £27.50 £36.00
UK excluding London average hourly rate £19.00 £21.50 £21.67
% change year-on-year
-11.62% -0.76%

Foreign Exchange (FX)
Jobs Demand Trend in Scotland

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

Foreign Exchange (FX) Jobs Demand Trend in Scotland

Foreign Exchange (FX)
Daily Rate Trend in Scotland

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

Foreign Exchange (FX) Daily Rate Trend in Scotland

Foreign Exchange (FX)
Hourly Rate Trend in Scotland

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

Foreign Exchange (FX) Hourly Rate Trend in Scotland

Foreign Exchange (FX)
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the Scotland region over the 3 months to 3 June 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Stirling -8 4 - -
Foreign Exchange (FX)
UK

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

For the 6 months to 3 June 2015, IT contractor jobs across the Scotland 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 13 (92.86%) Banking
2 12 (85.71%) Investment Banking
3 10 (71.43%) Derivative
4 6 (42.86%) Equity Derivative
4 6 (42.86%) Multithreading
5 5 (35.71%) Requirements Analysis
5 5 (35.71%) Validation
5 5 (35.71%) Java
6 4 (28.57%) Oracle
6 4 (28.57%) Fixed Income
6 4 (28.57%) Spring
6 4 (28.57%) SQL
6 4 (28.57%) Use Case
6 4 (28.57%) Business Analysis
7 3 (21.43%) Relational Database
7 3 (21.43%) WCF
7 3 (21.43%) WPF
7 3 (21.43%) Silverlight
7 3 (21.43%) .NET
7 3 (21.43%) MVC
7 3 (21.43%) Hibernate
7 3 (21.43%) C#
7 3 (21.43%) ASP.NET
8 2 (14.29%) HTML
8 2 (14.29%) JavaScript
8 2 (14.29%) Equities
8 2 (14.29%) HTML5
9 1 (7.14%) Social Media
9 1 (7.14%) Clojure
9 1 (7.14%) Cucumber

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

For the 6 months to 3 June 2015, IT contractor jobs across the Scotland 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.

Applications
1 1 (7.14%) MS Office
1 1 (7.14%) MS Excel
Communications & Networking
1 1 (7.14%) HTTP
Database & Business Intelligence
1 3 (21.43%) Relational Database
2 1 (7.14%) NoSQL
Development Applications
1 1 (7.14%) JUnit
1 1 (7.14%) QuickTest Pro
1 1 (7.14%) JMeter
1 1 (7.14%) Selenium
1 1 (7.14%) Cucumber
1 1 (7.14%) SoapUI
General
1 13 (92.86%) Banking
2 12 (85.71%) Investment Banking
3 1 (7.14%) Finance
Job Titles
1 8 (57.14%) Developer
2 6 (42.86%) Analyst
2 6 (42.86%) Business Analyst
3 5 (35.71%) Java Developer
4 3 (21.43%) C# Developer
5 2 (14.29%) Senior Business Analyst
5 2 (14.29%) Senior Analyst
6 1 (7.14%) Banking Business Analyst
6 1 (7.14%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 4 (28.57%) Spring
2 3 (21.43%) Hibernate
2 3 (21.43%) .NET
2 3 (21.43%) ASP.NET
2 3 (21.43%) WCF
2 3 (21.43%) WPF
2 3 (21.43%) Silverlight
3 2 (14.29%) HTML5
3 2 (14.29%) HTML
4 1 (7.14%) Apache Flex
4 1 (7.14%) SOAP
4 1 (7.14%) XML
4 1 (7.14%) JMS
4 1 (7.14%) REST
4 1 (7.14%) AngularJS
Miscellaneous
1 10 (71.43%) Derivative
2 6 (42.86%) Equity Derivative
3 4 (28.57%) Fixed Income
4 2 (14.29%) Equities
5 1 (7.14%) Reference Data
5 1 (7.14%) Social Media
Processes & Methodologies
1 6 (42.86%) Multithreading
2 5 (35.71%) Validation
2 5 (35.71%) Requirements Analysis
3 4 (28.57%) Use Case
3 4 (28.57%) Business Analysis
4 3 (21.43%) MVC
5 1 (7.14%) SOA
5 1 (7.14%) Agile Software Development
5 1 (7.14%) Automated Testing
5 1 (7.14%) User Acceptance Testing
5 1 (7.14%) Test Scripting
5 1 (7.14%) Time Management
Programming Languages
1 5 (35.71%) Java
2 4 (28.57%) SQL
3 3 (21.43%) C#
4 2 (14.29%) JavaScript
5 1 (7.14%) PL/SQL
5 1 (7.14%) T-SQL
5 1 (7.14%) Clojure
5 1 (7.14%) ClojureScript
Systems Management
1 1 (7.14%) HP Quality Center
1 1 (7.14%) CA LISA
Vendors
1 4 (28.57%) Oracle
2 1 (7.14%) Sybase
2 1 (7.14%) CA
Edinburgh, Midlothian
Cathcart Associates Ltd
Posted: 2 days ago