The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 26 January 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
26 Jan 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 210 181 144
Rank change year-on-year
-29 -37
Contract jobs citing Foreign Exchange (FX) 511 558 653
As % of all contract IT jobs located in the UK 1.01% 1.15% 1.44%
As % of the Miscellaneous category 3.37% 3.75% 4.80%
Number of daily rates quoted 413 438 536
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£593 £588 £575
Average daily rate % change year-on-year
+0.85% +2.17%
90% offered a daily rate of more than £417 £450 £450
10% offered a daily rate of more than £700 £700 £690
UK excluding London average daily rate £415 £425 £425
% change year-on-year
-2.35% -
Number of hourly rates quoted 5 3 1
Average hourly rate £27.50 £42.50 £21.00
Average hourly rate % change year-on-year
-35.29% +102.38%
UK excluding London average hourly rate £11.38 - -

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

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
15183 14896 13614
As % of all contract IT jobs located in the UK 29.91% 30.60% 29.97%
Number of daily rates quoted 9578 9211 8157
Average daily rate £420 £401 £400
Average daily rate % change year-on-year
+4.86% +0.12%
90% offered a daily rate of more than £242 £230 £238
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £365 £350 £338
% change year-on-year
+4.28% +3.70%
Number of hourly rates quoted 609 611 806
Average hourly rate £18.50 £20.00 £20.00
Average hourly rate % change year-on-year
-7.50% -
90% offered a hourly rate of more than £11.50 £11.86 £11.76
10% offered a hourly rate of more than £42.50 £42.50 £40.00
UK excluding London average hourly rate £18.38 £18.13 £20.00
% change year-on-year
+1.37% -9.37%

Foreign Exchange (FX)
Jobs Demand Trend

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

Foreign Exchange (FX) Jobs Demand Trend in the UK

Foreign Exchange (FX)
Daily Rate Trend

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

Foreign Exchange (FX) Daily Rate Trend in the UK

Foreign Exchange (FX)
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) within the UK over the 3 months to 26 January 2015.

Foreign Exchange (FX) Daily Rate Histogram in the UK

Foreign Exchange (FX)
Hourly Rate Trend

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

Foreign Exchange (FX) Hourly Rate Trend in the UK

Foreign Exchange (FX)
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Foreign Exchange (FX) within the UK over the 3 months to 26 January 2015.

Foreign Exchange (FX) Hourly Rate Histogram in the UK

Foreign Exchange (FX)
Top 30 Contract Locations

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 UK over the 3 months to 26 January 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
England -29 501 £593 +0.85% 179
London -7 484 £600 - 162
City of London -20 154 £600 - 80
South East - 12 £410 - 9
Docklands, London +13 6 £563 +2.27%
Berkshire - 4 £725 - 1
Buckinghamshire - 3 £375 - 1
Scotland -7 2 £433 -21.36% 2
West Midlands - 2 - -
East of England -2 1 £415 +3.75% 3
Canary Wharf -7 1 £600 -7.69%
South West -24 1 - - 1
Midlands - 1 - - 1
Surrey - 1 £180 - 5
West Yorkshire - - - -
Wiltshire - - - -
Yorkshire - - - - 1
East Midlands - - - - 1
Swindon - - - -
Windsor - - - - 1
North East - - - -
Ealing - - - -
Cambridgeshire - - - -
Derbyshire - - - - 1
Dorset - - - -
Durham - - - -
East Sussex - - - - 1
Hampshire - - - - 1
Middlesex - - - -
Bingley - - - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 26 January 2015, IT contractor jobs within the UK 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).

1 587 (47.76%) Front Office
2 495 (40.28%) Banking
3 494 (40.20%) Java
4 408 (33.20%) Finance
5 347 (28.23%) SQL
6 336 (27.34%) Multithreading
7 332 (27.01%) Investment Banking
8 316 (25.71%) Low Latency
9 280 (22.78%) Derivative
10 249 (20.26%) C++
11 227 (18.47%) Agile Software Development
12 201 (16.35%) UNIX
13 199 (16.19%) Fixed Income
14 177 (14.40%) Linux
15 173 (14.08%) C#
16 160 (13.02%) Equities
17 158 (12.86%) Oracle
18 141 (11.47%) Analytical Skills
19 136 (11.07%) Algorithmic Trading
20 131 (10.66%) FIX Protocol
21 130 (10.58%) E-Commerce
22 121 (9.85%) Risk Management
23 105 (8.54%) OO
24 98 (7.97%) XML
25 95 (7.73%) HTML
26 94 (7.65%) Electronic Trading
27 91 (7.40%) Python
28 86 (7.00%) JavaScript
28 86 (7.00%) HTML5
29 82 (6.67%) Windows

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 26 January 2015, IT contractor jobs within the UK 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.

Application Platforms
1 34 (2.77%) WebSphere
2 30 (2.44%) WebLogic
3 16 (1.30%) Oracle Coherence
4 15 (1.22%) TIBCO EMS
5 9 (0.73%) Node.js
6 8 (0.65%) Confluence
7 4 (0.33%) Tomcat
8 3 (0.24%) MTS
8 3 (0.24%) Oracle Workflow
9 2 (0.16%) IIS
9 2 (0.16%) SharePoint
10 1 (0.081%) CMS
10 1 (0.081%) MQSeries
10 1 (0.081%) JBoss
10 1 (0.081%) WebSphere Application Server
10 1 (0.081%) PegaRULES
10 1 (0.081%) Elasticsearch
10 1 (0.081%) Apache ServiceMix
10 1 (0.081%) Apache Spark
10 1 (0.081%) Jetty
Applications
1 28 (2.28%) MS Excel
2 11 (0.90%) MS Office
3 9 (0.73%) Spreadsheet
4 4 (0.33%) MS PowerPoint
5 2 (0.16%) MS Visio
6 1 (0.081%) Maya
6 1 (0.081%) Photoshop
6 1 (0.081%) MS Project
6 1 (0.081%) OmniGraffle
6 1 (0.081%) Adobe Creative Suite
Business Applications
1 14 (1.14%) Murex MxG2000
2 13 (1.06%) Markit EDM
3 12 (0.98%) ION MarketView
3 12 (0.98%) RMDS
4 10 (0.81%) SAP FI
5 7 (0.57%) SAP FI-AP
6 5 (0.41%) Oracle EBS
7 3 (0.24%) SAP FI/CO
7 3 (0.24%) Endur
7 3 (0.24%) Summit
7 3 (0.24%) SAP CO
7 3 (0.24%) Salerio
8 2 (0.16%) SAP Oil and Gas
8 2 (0.16%) SAP FSCM
8 2 (0.16%) Oracle Assets
8 2 (0.16%) PeopleSoft Financials
9 1 (0.081%) FINCAD Analytics
9 1 (0.081%) SunGard Stream Clearvision
9 1 (0.081%) SAP BPC
9 1 (0.081%) Dynamics CRM
Cloud Services
1 1 (0.081%) Amazon EC2
1 1 (0.081%) Amazon S3
Communications & Networking
1 24 (1.95%) Firewall
2 19 (1.55%) Multicast
3 16 (1.30%) TCP/IP
4 8 (0.65%) HTTP
5 7 (0.57%) DNS
6 4 (0.33%) ATM
7 3 (0.24%) LAN
7 3 (0.24%) WAN
8 2 (0.16%) tcpdump
8 2 (0.16%) Wi-Fi
9 1 (0.081%) SSH
9 1 (0.081%) AMQP
9 1 (0.081%) SWIFTNet
9 1 (0.081%) NetScaler
9 1 (0.081%) LDAP
9 1 (0.081%) Ethernet
9 1 (0.081%) VoIP
9 1 (0.081%) HTTPS
9 1 (0.081%) Internet
9 1 (0.081%) MPLS
Database & Business Intelligence
1 71 (5.78%) Relational Database
2 66 (5.37%) SQL Server
3 36 (2.93%) KDB
4 19 (1.55%) Big Data
5 15 (1.22%) Hadoop
5 15 (1.22%) NoSQL
5 15 (1.22%) SQL Server Reporting Services
6 11 (0.90%) MongoDB
7 10 (0.81%) SQL Server Integration Services
8 8 (0.65%) RDBMS
8 8 (0.65%) Apache Cassandra
9 7 (0.57%) Oracle Database
9 7 (0.57%) MS Access
9 7 (0.57%) Data Mining
10 6 (0.49%) Data Warehouse
11 5 (0.41%) HBase
12 4 (0.33%) OLAP
13 3 (0.24%) DTS
13 3 (0.24%) QlikView
13 3 (0.24%) SQL Server Analysis Services
Development Applications
1 46 (3.74%) TeamCity
2 43 (3.50%) JIRA
3 32 (2.60%) JUnit
4 31 (2.52%) Grunt
5 26 (2.12%) WebDriver
6 25 (2.03%) Ant
6 25 (2.03%) CruiseControl
7 22 (1.79%) Bower
8 21 (1.71%) Maven
9 14 (1.14%) Git (software)
10 12 (0.98%) Subversion
11 8 (0.65%) NUnit
11 8 (0.65%) QuickTest Pro
12 7 (0.57%) ClearCase
13 6 (0.49%) Mockito
14 5 (0.41%) Jasmine
14 5 (0.41%) Selenium
14 5 (0.41%) Jenkins
15 4 (0.33%) Karma Test Runner
15 4 (0.33%) Atlassian Bamboo
General
1 587 (47.76%) Front Office
2 495 (40.28%) Banking
3 408 (33.20%) Finance
4 332 (27.01%) Investment Banking
5 74 (6.02%) Back Office
6 37 (3.01%) Financial Institution
7 14 (1.14%) Telecoms
8 11 (0.90%) Retail
9 10 (0.81%) Marketing
10 7 (0.57%) Legal
11 6 (0.49%) Retail Banking
12 5 (0.41%) French Language
13 3 (0.24%) Corporate Banking
13 3 (0.24%) General Ledger
14 2 (0.16%) Wholesale Banking
14 2 (0.16%) Billing
14 2 (0.16%) Manufacturing
14 2 (0.16%) Advertising
14 2 (0.16%) Games
14 2 (0.16%) Electronics
Job Titles
1 648 (52.73%) Developer
2 296 (24.08%) Java Developer
3 286 (23.27%) Analyst
4 178 (14.48%) Business Analyst
5 132 (10.74%) C++ Developer
6 91 (7.40%) Senior Developer
7 70 (5.70%) C# Developer
8 49 (3.99%) Applications Support
9 47 (3.82%) Support Analyst
10 45 (3.66%) Architect
11 40 (3.25%) Project Manager
11 40 (3.25%) Senior Java Developer
12 37 (3.01%) JavaScript Developer
13 30 (2.44%) Python Developer
14 25 (2.03%) Test Analyst
15 23 (1.87%) Quantitative Developer
16 22 (1.79%) Web Developer
17 21 (1.71%) Consultant
17 21 (1.71%) Applications Support Analyst
18 19 (1.55%) Front Office Developer
Libraries, Frameworks & Software Standards
1 131 (10.66%) FIX Protocol
2 98 (7.97%) XML
3 95 (7.73%) HTML
4 86 (7.00%) HTML5
5 57 (4.64%) AngularJS
6 55 (4.48%) .NET
7 54 (4.39%) Middleware
7 54 (4.39%) Boost C++ Libraries
8 52 (4.23%) STL
9 46 (3.74%) CSS
9 46 (3.74%) Spring
10 45 (3.66%) WPF
11 43 (3.50%) Swing
11 43 (3.50%) JMS
12 42 (3.42%) Rendezvous
13 41 (3.34%) FpML
14 40 (3.25%) XSLT
15 31 (2.52%) Java EE
16 29 (2.36%) Hibernate
17 24 (1.95%) Java SE
Miscellaneous
1 280 (22.78%) Derivative
2 199 (16.19%) Fixed Income
3 160 (13.02%) Equities
4 141 (11.47%) Analytical Skills
5 54 (4.39%) Credit Derivative
6 44 (3.58%) Mathematics
7 41 (3.34%) Algorithms
8 40 (3.25%) Equity Derivative
9 35 (2.85%) User Experience
10 33 (2.69%) Interest Rate Derivative
11 30 (2.44%) Computer Science
12 24 (1.95%) Market Risk
13 18 (1.46%) Field-Programmable Gate Array
14 16 (1.30%) RIA
15 15 (1.22%) Grid Computing
15 15 (1.22%) Hedge funds
15 15 (1.22%) Data Structures
16 14 (1.14%) TWAP
16 14 (1.14%) Reference Data
16 14 (1.14%) VWAP
Operating Systems
1 201 (16.35%) UNIX
2 177 (14.40%) Linux
3 82 (6.67%) Windows
4 14 (1.14%) Solaris
4 14 (1.14%) Red Hat Enterprise Linux
5 2 (0.16%) Windows 7
5 2 (0.16%) Windows XP
5 2 (0.16%) Windows Server 2003
6 1 (0.081%) SUSE
6 1 (0.081%) Android
6 1 (0.081%) Windows 2000
Processes & Methodologies
1 336 (27.34%) Multithreading
2 316 (25.71%) Low Latency
3 227 (18.47%) Agile Software Development
4 136 (11.07%) Algorithmic Trading
5 130 (10.58%) E-Commerce
6 121 (9.85%) Risk Management
7 105 (8.54%) OO
8 94 (7.65%) Electronic Trading
9 82 (6.67%) Business Analysis
10 74 (6.02%) TDD
11 72 (5.86%) Project Management
12 65 (5.29%) User Acceptance Testing
13 55 (4.48%) Ultra-Low Latency
14 54 (4.39%) Data Modelling
15 49 (3.99%) Scrum
16 38 (3.09%) Workflow
17 37 (3.01%) Continuous Integration
18 36 (2.93%) Analytics
18 36 (2.93%) Stakeholder Management
19 32 (2.60%) Performance Tuning
Programming Languages
1 494 (40.20%) Java
2 347 (28.23%) SQL
3 249 (20.26%) C++
4 173 (14.08%) C#
5 91 (7.40%) Python
6 86 (7.00%) JavaScript
7 57 (4.64%) Perl
8 37 (3.01%) VBA
9 16 (1.30%) Shell Script
9 16 (1.30%) Scala
9 16 (1.30%) Bash Shell
10 15 (1.22%) C
11 10 (0.81%) PL/SQL
11 10 (0.81%) VB
11 10 (0.81%) Ruby
12 9 (0.73%) VBScript
13 7 (0.57%) T-SQL
13 7 (0.57%) Clojure
14 6 (0.49%) PowerShell
14 6 (0.49%) Haskell
Qualifications
1 74 (6.02%) Degree
2 7 (0.57%) ISEB
3 4 (0.33%) PhD
4 2 (0.16%) ISTQB
4 2 (0.16%) PMI Certification
5 1 (0.081%) ACCA
5 1 (0.081%) CIMA
5 1 (0.081%) ISEB Practitioner
5 1 (0.081%) CFA
5 1 (0.081%) PMP
5 1 (0.081%) HNC
5 1 (0.081%) HND
5 1 (0.081%) Postgraduate
5 1 (0.081%) PRINCE2 Practitioner
5 1 (0.081%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 24 (1.95%) QA
2 16 (1.30%) EMIR
3 8 (0.65%) Dodd-Frank
4 5 (0.41%) MiFID
5 3 (0.24%) Data Quality
5 3 (0.24%) ISO 9001
5 3 (0.24%) Basel II
5 3 (0.24%) ISO/IEC 27001
6 2 (0.16%) Basel III
6 2 (0.16%) CRD IV
7 1 (0.081%) FATCA
7 1 (0.081%) SLA
7 1 (0.081%) Sarbanes-Oxley
System Software
1 1 (0.081%) Active Directory
1 1 (0.081%) Oracle RAC
1 1 (0.081%) Apache Flume
Systems Management
1 22 (1.79%) HP Quality Center
2 16 (1.30%) ITRS Geneos
3 7 (0.57%) Control-M
4 2 (0.16%) CA LISA
5 1 (0.081%) Nagios
5 1 (0.081%) SCCM
5 1 (0.081%) Tivoli
5 1 (0.081%) BMC PATROL
5 1 (0.081%) Salt
5 1 (0.081%) Puppet
5 1 (0.081%) Opscode Chef
Vendors
1 158 (12.86%) Oracle
2 81 (6.59%) Murex
3 63 (5.13%) TIBCO
4 56 (4.56%) Sybase
5 47 (3.82%) 29West
6 26 (2.12%) Reuters
6 26 (2.12%) Bloomberg
7 23 (1.87%) SAP
8 21 (1.71%) Microsoft
9 20 (1.63%) Adobe
10 17 (1.38%) ION Trading
11 14 (1.14%) Red Hat
12 13 (1.06%) Informatica
13 12 (0.98%) HP
13 12 (0.98%) thinkFolio
14 11 (0.90%) MarketAxess
15 10 (0.81%) Splunk
15 10 (0.81%) eSpeed
16 9 (0.73%) Calypso
17 7 (0.57%) Remedy
City, London
Harvey Nash plc
Rate: £450 - £500 per day
Posted: 2 hours ago
London
TEKsystems
Rate: £700 - £750 per annum
Posted: 7 hours ago
London
McGregor Boyall
Rate: £550 - £675 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £600 - £650 per day
Posted: Yesterday
Brentwood, Essex
Rullion IT Plus
Rate: £425 - £475 per day
Posted: 3 days ago
London
Oliver Bernard
Rate: Up to £600 per day
Posted: 3 days ago
City, London
Lorien Resourcing
Rate: £525 - £625 per day
Posted: 3 days ago
Brentwood, Essex
Experis Ltd
Rate: £400.00 - £500 per day
Posted: 3 days ago
London
Senitor Associates
Rate: £450 - £550 per day
Posted: 4 days ago
City, London
Client Server
Rate: £450 to £500 p/day
Posted: 4 days ago
City, London
Eames Consulting
Rate: Up to £400 per day £400 per day
Posted: 5 days ago
London
TEKsystems
Rate: £600 - £650 per day
Posted: 5 days ago
London
TEKsystems
Rate: £600 - £650 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 5 days ago
London
TEKsystems
Rate: £650 - £750 per day
Posted: 6 days ago
City, London
Senitor Associates
Rate: £380 - £480 per day
Posted: 6 days ago
London
TEKsystems
Rate: £650 - £750 per day
Posted: 6 days ago
City, London
Aston Carter
Rate: £550 - £650 per day
Posted: 6 days ago
City, London
Harrington Starr
Rate: £650 per day
Posted: 6 days ago