The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the Surrey 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 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 91 90 79
Rank change year-on-year
-1 -11
Contract jobs citing Foreign Exchange (FX) 1 1 5
As % of all contract IT jobs located in Surrey 0.070% 0.077% 0.40%
As % of the Miscellaneous category 0.22% 0.28% 1.26%
Number of daily rates quoted 1 1 3
Average daily rate
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£513 £300 £488
Average daily rate % change year-on-year
+70.83% -38.46%
UK excluding London average daily rate £650 £400 £438
% change year-on-year
+62.50% -8.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £16.50 - £49.00
Foreign Exchange (FX)
South East

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

Miscellaneous Category
Surrey
Contract IT job ads with a match in the
Miscellaneous category
462 362 397
As % of all contract IT jobs located in Surrey 32.31% 27.91% 31.53%
Number of daily rates quoted 240 206 230
Average daily rate £375 £375 £375
90% offered a daily rate of more than £220 £235 £224
10% offered a daily rate of more than £455 £518 £475
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 23 19 29
Average hourly rate £42.50 £30.00 £20.00
Average hourly rate % change year-on-year
+41.66% +50.00%
90% offered a hourly rate of more than £12.50 £13.55 £15.00
10% offered a hourly rate of more than £60.50 £47.50 £42.50
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +14.28%

Foreign Exchange (FX)
Jobs Demand Trend in Surrey

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

Foreign Exchange (FX) Jobs Demand Trend in Surrey

Foreign Exchange (FX)
Daily Rate Trend in Surrey

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

Foreign Exchange (FX) Daily Rate Trend in Surrey

Foreign Exchange (FX)
Top 3 Related IT Skills in Surrey

For the 6 months to 4 September 2015, IT contractor jobs across the Surrey 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%) Finance
1 1 (100.00%) Investment Management
1 1 (100.00%) Target Operating Model

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

For the 6 months to 4 September 2015, IT contractor jobs across the Surrey 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 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Business Analyst
1 1 (100.00%) Analyst
1 1 (100.00%) Payments Business Analyst
Processes & Methodologies
1 1 (100.00%) Investment Management
1 1 (100.00%) Target Operating Model