The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the South East 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 23 October 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
23 Oct 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 254 229 254
Rank change year-on-year
-25 +25
Contract jobs citing Foreign Exchange (FX) 6 6 3
As % of all contract IT jobs located in the South East 0.062% 0.071% 0.032%
As % of the Miscellaneous category 0.21% 0.28% 0.12%
Number of daily rates quoted 1 4 0
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £350 -
Average daily rate % change year-on-year
+35.71% -
UK excluding London average daily rate £400 £450 £245
% change year-on-year
-11.11% +83.67%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £90.00 -
Foreign Exchange (FX)
England

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

Miscellaneous Category
South East
Contract IT job ads with a match in the
Miscellaneous category
2830 2177 2410
As % of all contract IT jobs located in the South East 29.21% 25.78% 25.85%
Number of daily rates quoted 1611 1176 1074
Average daily rate £360 £363 £350
Average daily rate % change year-on-year
-0.68% +3.57%
90% offered a daily rate of more than £220 £220 £200
10% offered a daily rate of more than £500 £477 £486
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.14% -
Number of hourly rates quoted 150 113 186
Average hourly rate £16.00 £22.50 £21.00
Average hourly rate % change year-on-year
-28.88% +7.14%
90% offered a hourly rate of more than £11.00 £12.00 £12.00
10% offered a hourly rate of more than £37.50 £42.50 £45.00
UK excluding London average hourly rate £17.50 £17.69 £21.00
% change year-on-year
-1.07% -15.76%

Foreign Exchange (FX)
Jobs Demand Trend in the South East

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

Foreign Exchange (FX) Jobs Demand Trend in the South East

Foreign Exchange (FX)
Daily Rate Trend in the South East

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

Foreign Exchange (FX) Daily Rate Trend in the South East

Foreign Exchange (FX)
Hourly Rate Trend in the South East

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

Foreign Exchange (FX) Hourly Rate Trend in the South East

Foreign Exchange (FX)
Contract Job Locations in the South East

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 South East region over the 3 months to 23 October 2014. 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
Berkshire +12 5 - - 1
Surrey - - - -
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Top 30 Related IT Skills in the South East

For the 6 months to 23 October 2014, IT contractor jobs across the South East 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 6 (50.00%) Finance
2 5 (41.67%) SAP
2 5 (41.67%) Telecoms
3 4 (33.33%) Spreadsheet
3 4 (33.33%) Stakeholder Management
4 3 (25.00%) Banking
4 3 (25.00%) DB2
4 3 (25.00%) Mainframe
4 3 (25.00%) IBM
4 3 (25.00%) VSAM
4 3 (25.00%) General Ledger
4 3 (25.00%) IBM Mainframe
5 2 (16.67%) System Testing
5 2 (16.67%) User Acceptance Testing
5 2 (16.67%) COBOL
5 2 (16.67%) Project Management
5 2 (16.67%) Retail
6 1 (8.33%) Games
6 1 (8.33%) Java
6 1 (8.33%) Oracle
6 1 (8.33%) C
6 1 (8.33%) C++
6 1 (8.33%) Microsoft
6 1 (8.33%) EMV
6 1 (8.33%) JCL
6 1 (8.33%) Configuration Management
6 1 (8.33%) FIXML
6 1 (8.33%) FpML
6 1 (8.33%) XML
6 1 (8.33%) Windows

Foreign Exchange (FX)
Top Related IT Skills in the South East by Category

For the 6 months to 23 October 2014, IT contractor jobs across the South East 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 4 (33.33%) Spreadsheet
Business Applications
1 1 (8.33%) Oracle Cash Management
Communications & Networking
1 1 (8.33%) ATM
1 1 (8.33%) LAN
1 1 (8.33%) WAN
1 1 (8.33%) Ethernet
1 1 (8.33%) SWIFTNet
Database & Business Intelligence
1 3 (25.00%) DB2
Development Applications
1 1 (8.33%) AppScan
General
1 6 (50.00%) Finance
2 5 (41.67%) Telecoms
3 3 (25.00%) General Ledger
3 3 (25.00%) Banking
4 2 (16.67%) Retail
5 1 (8.33%) Games
5 1 (8.33%) Retail Banking
Job Titles
1 3 (25.00%) Project Manager
1 3 (25.00%) Developer
2 2 (16.67%) SAP Project Manager
2 2 (16.67%) SAP Manager
2 2 (16.67%) FX Project Manager
3 1 (8.33%) DB2 Developer
3 1 (8.33%) Technical Manager
3 1 (8.33%) Change Consultant
3 1 (8.33%) Banking Business Analyst
3 1 (8.33%) Analyst
3 1 (8.33%) Consultant
3 1 (8.33%) Technical Project Manager
3 1 (8.33%) Solutions Architect
3 1 (8.33%) Business Analyst
3 1 (8.33%) Software Developer
3 1 (8.33%) Architect
Libraries, Frameworks & Software Standards
1 1 (8.33%) XML
1 1 (8.33%) FIXML
1 1 (8.33%) FpML
Miscellaneous
1 3 (25.00%) Mainframe
1 3 (25.00%) VSAM
1 3 (25.00%) IBM Mainframe
2 1 (8.33%) SWIFT
2 1 (8.33%) EMV
Operating Systems
1 1 (8.33%) Windows
1 1 (8.33%) AIX
Processes & Methodologies
1 4 (33.33%) Stakeholder Management
2 2 (16.67%) Project Management
2 2 (16.67%) User Acceptance Testing
2 2 (16.67%) System Testing
3 1 (8.33%) Cash Management
3 1 (8.33%) Business Transformation
3 1 (8.33%) UML
3 1 (8.33%) CRM
3 1 (8.33%) E-Commerce
3 1 (8.33%) ERP
3 1 (8.33%) Configuration Management
3 1 (8.33%) Use Case
Programming Languages
1 2 (16.67%) COBOL
2 1 (8.33%) Java
2 1 (8.33%) JCL
2 1 (8.33%) SELCOPY
2 1 (8.33%) C
2 1 (8.33%) C++
Quality Assurance & Compliance
1 1 (8.33%) EMIR
1 1 (8.33%) Dodd-Frank
Vendors
1 5 (41.67%) SAP
2 3 (25.00%) IBM
3 1 (8.33%) Microsoft
3 1 (8.33%) Cisco
3 1 (8.33%) Oracle