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 28 November 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
28 Nov 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 185 167 127
Rank change year-on-year
-18 -40
Contract jobs citing Foreign Exchange (FX) 667 680 796
As % of all contract IT jobs located in the UK 1.16% 1.31% 1.56%
As % of the Miscellaneous category 3.84% 4.16% 5.23%
Number of daily rates quoted 548 538 644
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£586 £575 £575
Average daily rate % change year-on-year
+1.95% -
90% offered a daily rate of more than £438 £450 £425
10% offered a daily rate of more than £700 £700 £700
UK excluding London average daily rate £390 £450 £339
% change year-on-year
-13.33% +32.84%
Number of hourly rates quoted 6 0 1
Average hourly rate £27.50 - £21.00
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
17390 16344 15219
As % of all contract IT jobs located in the UK 30.15% 31.57% 29.85%
Number of daily rates quoted 11141 10201 8877
Average daily rate £410 £400 £408
Average daily rate % change year-on-year
+2.61% -1.84%
90% offered a daily rate of more than £238 £234 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 680 680 844
Average hourly rate £17.00 £20.50 £20.25
Average hourly rate % change year-on-year
-17.07% +1.23%
90% offered a hourly rate of more than £11.00 £12.00 £12.00
10% offered a hourly rate of more than £42.50 £40.00 £42.50
UK excluding London average hourly rate £17.48 £19.50 £20.00
% change year-on-year
-10.35% -2.50%

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 28 November 2014.

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 28 November 2014.

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 28 November 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
England -23 648 £600 +4.34% 129
London 0 634 £600 +4.34% 112
City of London -20 177 £600 +4.34% 58
South East -16 12 £390 +11.42% 9
County Antrim - 11 £388 -
Belfast - 11 £388 -
Northern Ireland - 11 £388 -
Docklands, London +19 9 £594 +3.26%
Berkshire +11 7 - - 5
Scotland -11 6 £415 -7.77% 2
Stirling -4 5 - -
Canary Wharf -1 3 £500 -23.07%
South West -29 1 - -
North West - 1 £275 -
Mayfair - - - -
East of England - - - - 1
Ealing - - - -
Tyne and Wear - - - -
West Midlands - - - -
East Midlands - - - - 2
Merseyside - - - -
North East - - - - 1
Cambridgeshire - - - - 1
Derbyshire - - - - 2
Dorset - - - -
Durham - - - - 1
Middlesex - - - - 1
Nottinghamshire - - - -
Somerset - - - -
South Yorkshire - - - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 28 November 2014, 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).

1 602 (46.27%) Front Office
2 525 (40.35%) Banking
3 519 (39.89%) Java
4 422 (32.44%) Finance
5 358 (27.52%) Multithreading
6 357 (27.44%) SQL
7 341 (26.21%) Investment Banking
8 337 (25.90%) Low Latency
9 272 (20.91%) Agile Software Development
10 271 (20.83%) Derivative
11 263 (20.22%) C++
12 228 (17.52%) C#
13 213 (16.37%) Fixed Income
14 182 (13.99%) Oracle
15 177 (13.60%) Linux
16 172 (13.22%) Algorithmic Trading
17 171 (13.14%) UNIX
18 157 (12.07%) Analytical Skills
19 156 (11.99%) E-Commerce
20 152 (11.68%) FIX Protocol
21 145 (11.15%) Risk Management
22 143 (10.99%) Equities
23 130 (9.99%) OO
24 117 (8.99%) JavaScript
24 117 (8.99%) HTML
25 109 (8.38%) Python
26 105 (8.07%) HTML5
27 102 (7.84%) XML
28 89 (6.84%) Business Analysis
29 88 (6.76%) Electronic Trading

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 28 November 2014, 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 33 (2.54%) WebLogic
2 32 (2.46%) WebSphere
3 27 (2.08%) Oracle Coherence
4 18 (1.38%) Confluence
5 11 (0.85%) TIBCO EMS
6 9 (0.69%) Tomcat
7 8 (0.61%) Node.js
8 5 (0.38%) IIS
9 3 (0.23%) SharePoint
9 3 (0.23%) JBoss
9 3 (0.23%) Oracle Workflow
10 2 (0.15%) MTS
11 1 (0.077%) MS Project Server
11 1 (0.077%) PegaRULES
11 1 (0.077%) MQSeries
11 1 (0.077%) WebSphere Application Server
11 1 (0.077%) Apache
11 1 (0.077%) CMS
11 1 (0.077%) Apache Solr
11 1 (0.077%) Jetty
Applications
1 30 (2.31%) MS Excel
2 14 (1.08%) MS Office
3 12 (0.92%) Spreadsheet
4 6 (0.46%) MS PowerPoint
5 3 (0.23%) MS Visio
6 1 (0.077%) MS Project
6 1 (0.077%) Adobe Illustrator
6 1 (0.077%) OmniGraffle
Business Applications
1 14 (1.08%) RMDS
2 11 (0.85%) Markit EDM
3 10 (0.77%) Murex MxG2000
4 6 (0.46%) ION MarketView
5 5 (0.38%) Oracle EBS
6 4 (0.31%) Salerio
7 3 (0.23%) SAP FSCM
8 2 (0.15%) Oracle Assets
8 2 (0.15%) Bloomberg TOMS
8 2 (0.15%) SAP FI
8 2 (0.15%) PeopleSoft Financials
8 2 (0.15%) Summit
9 1 (0.077%) SAP Oil and Gas
9 1 (0.077%) Dynamics CRM
9 1 (0.077%) SimCorp Dimension
9 1 (0.077%) SAP CO
9 1 (0.077%) Tesseract
9 1 (0.077%) Minerva
9 1 (0.077%) Sentinel
9 1 (0.077%) HFM
Cloud Services
1 1 (0.077%) Amazon EC2
1 1 (0.077%) Amazon S3
Communications & Networking
1 32 (2.46%) Firewall
2 26 (2.00%) Multicast
3 24 (1.84%) TCP/IP
4 14 (1.08%) DNS
5 12 (0.92%) HTTP
6 5 (0.38%) ATM
6 5 (0.38%) NetScaler
7 4 (0.31%) LAN
7 4 (0.31%) WAN
8 3 (0.23%) Wi-Fi
8 3 (0.23%) Internet
9 2 (0.15%) SWIFTNet
9 2 (0.15%) tcpdump
9 2 (0.15%) Ethernet
9 2 (0.15%) LDAP
9 2 (0.15%) SSH
10 1 (0.077%) VPN
10 1 (0.077%) VoIP
10 1 (0.077%) MPLS
10 1 (0.077%) Intranet
Database & Business Intelligence
1 87 (6.69%) Relational Database
2 70 (5.38%) SQL Server
3 39 (3.00%) KDB
4 27 (2.08%) Big Data
5 15 (1.15%) MongoDB
5 15 (1.15%) NoSQL
6 14 (1.08%) SQL Server Reporting Services
7 13 (1.00%) Oracle Database
8 12 (0.92%) Hadoop
9 10 (0.77%) Apache Cassandra
9 10 (0.77%) Data Mining
9 10 (0.77%) Data Warehouse
10 9 (0.69%) SQL Server Integration Services
11 8 (0.61%) OLAP
11 8 (0.61%) MS Access
12 7 (0.54%) RDBMS
13 6 (0.46%) Hazelcast
13 6 (0.46%) HBase
13 6 (0.46%) SAP BI
14 5 (0.38%) Oracle Reports
Development Applications
1 46 (3.54%) TeamCity
2 45 (3.46%) JIRA
3 41 (3.15%) Grunt
4 35 (2.69%) WebDriver
5 31 (2.38%) Bower
6 26 (2.00%) Maven
7 22 (1.69%) Git (software)
8 19 (1.46%) JUnit
9 17 (1.31%) Subversion
10 14 (1.08%) NUnit
11 13 (1.00%) Selenium
12 11 (0.85%) Ant
13 10 (0.77%) CruiseControl
14 8 (0.61%) Cucumber
15 7 (0.54%) QuickTest Pro
16 6 (0.46%) FitNesse
16 6 (0.46%) Jenkins
16 6 (0.46%) Mockito
16 6 (0.46%) Visual Studio
16 6 (0.46%) ClearCase
General
1 602 (46.27%) Front Office
2 525 (40.35%) Banking
3 422 (32.44%) Finance
4 341 (26.21%) Investment Banking
5 70 (5.38%) Back Office
6 37 (2.84%) Financial Institution
7 17 (1.31%) Retail
8 14 (1.08%) Telecoms
9 11 (0.85%) Legal
10 8 (0.61%) Marketing
11 7 (0.54%) Retail Banking
11 7 (0.54%) General Ledger
12 5 (0.38%) French Language
13 4 (0.31%) Corporate Banking
14 3 (0.23%) Games
15 2 (0.15%) Billing
15 2 (0.15%) Wholesale Banking
16 1 (0.077%) International Banking
16 1 (0.077%) Italian Language
16 1 (0.077%) Dutch Language
Job Titles
1 697 (53.57%) Developer
2 271 (20.83%) Java Developer
3 264 (20.29%) Analyst
4 169 (12.99%) Business Analyst
5 135 (10.38%) C++ Developer
6 115 (8.84%) C# Developer
7 100 (7.69%) Senior Developer
8 49 (3.77%) Architect
8 49 (3.77%) Project Manager
9 44 (3.38%) Python Developer
9 44 (3.38%) Applications Support
10 43 (3.31%) Senior Java Developer
11 41 (3.15%) JavaScript Developer
12 32 (2.46%) Support Analyst
13 28 (2.15%) Web Developer
14 24 (1.84%) C++/C# Developer
14 24 (1.84%) Senior Analyst
15 23 (1.77%) Front Office Developer
15 23 (1.77%) Quantitative Developer
16 22 (1.69%) WPF Developer
Libraries, Frameworks & Software Standards
1 152 (11.68%) FIX Protocol
2 117 (8.99%) HTML
3 105 (8.07%) HTML5
4 102 (7.84%) XML
5 84 (6.46%) .NET
6 68 (5.23%) AngularJS
7 60 (4.61%) Middleware
7 60 (4.61%) Boost C++ Libraries
8 59 (4.53%) STL
9 55 (4.23%) CSS
9 55 (4.23%) WPF
10 51 (3.92%) Spring
11 48 (3.69%) Rendezvous
12 42 (3.23%) JMS
13 40 (3.07%) FpML
14 36 (2.77%) XSLT
15 30 (2.31%) Java EE
16 29 (2.23%) Hibernate
17 28 (2.15%) Swing
18 25 (1.92%) Apache Flex
Miscellaneous
1 271 (20.83%) Derivative
2 213 (16.37%) Fixed Income
3 157 (12.07%) Analytical Skills
4 143 (10.99%) Equities
5 50 (3.84%) Credit Derivative
6 48 (3.69%) User Experience
7 47 (3.61%) Computer Science
8 42 (3.23%) Algorithms
9 38 (2.92%) Mathematics
10 33 (2.54%) Equity Derivative
11 30 (2.31%) TWAP
11 30 (2.31%) VWAP
12 29 (2.23%) Interest Rate Derivative
13 26 (2.00%) Field-Programmable Gate Array
14 23 (1.77%) Market Risk
14 23 (1.77%) Hedge funds
15 21 (1.61%) RIA
15 21 (1.61%) Data Structures
16 19 (1.46%) Reference Data
17 18 (1.38%) Credit Risk
Operating Systems
1 177 (13.60%) Linux
2 171 (13.14%) UNIX
3 85 (6.53%) Windows
4 21 (1.61%) Red Hat Enterprise Linux
5 12 (0.92%) Solaris
6 3 (0.23%) Windows XP
6 3 (0.23%) Windows Server 2003
7 2 (0.15%) Windows 7
7 2 (0.15%) Windows Server 2008
8 1 (0.077%) Windows 2000
8 1 (0.077%) AIX
8 1 (0.077%) SUSE
Processes & Methodologies
1 358 (27.52%) Multithreading
2 337 (25.90%) Low Latency
3 272 (20.91%) Agile Software Development
4 172 (13.22%) Algorithmic Trading
5 156 (11.99%) E-Commerce
6 145 (11.15%) Risk Management
7 130 (9.99%) OO
8 89 (6.84%) Business Analysis
9 88 (6.76%) Electronic Trading
10 86 (6.61%) TDD
11 73 (5.61%) Project Management
12 69 (5.30%) User Acceptance Testing
13 61 (4.69%) Scrum
14 49 (3.77%) Performance Tuning
15 43 (3.31%) Workflow
16 42 (3.23%) Analytics
17 39 (3.00%) Data Modelling
18 38 (2.92%) Continuous Integration
19 37 (2.84%) Stakeholder Management
20 36 (2.77%) Change Management
Programming Languages
1 519 (39.89%) Java
2 357 (27.44%) SQL
3 263 (20.22%) C++
4 228 (17.52%) C#
5 117 (8.99%) JavaScript
6 109 (8.38%) Python
7 58 (4.46%) Perl
8 23 (1.77%) Shell Script
9 22 (1.69%) VBA
10 17 (1.31%) PL/SQL
11 16 (1.23%) Scala
12 15 (1.15%) Bash Shell
13 13 (1.00%) C
14 9 (0.69%) Ruby
14 9 (0.69%) VB
15 7 (0.54%) T-SQL
15 7 (0.54%) Clojure
16 6 (0.46%) Haskell
16 6 (0.46%) PowerShell
17 5 (0.38%) Korn
Qualifications
1 86 (6.61%) Degree
2 8 (0.61%) ISEB
3 6 (0.46%) PhD
4 2 (0.15%) CIMA
4 2 (0.15%) PMI Certification
4 2 (0.15%) ISTQB
5 1 (0.077%) CFA
5 1 (0.077%) ISEB Practitioner
5 1 (0.077%) HNC
5 1 (0.077%) HND
5 1 (0.077%) ACCA
Quality Assurance & Compliance
1 30 (2.31%) QA
2 26 (2.00%) EMIR
3 16 (1.23%) Dodd-Frank
4 7 (0.54%) Data Quality
5 6 (0.46%) Basel II
5 6 (0.46%) MiFID
6 3 (0.23%) AIFMD
6 3 (0.23%) CRD IV
7 2 (0.15%) Basel III
7 2 (0.15%) ISO/IEC 27001
8 1 (0.077%) SLA
8 1 (0.077%) ISO 9001
8 1 (0.077%) Sarbanes-Oxley
System Software
1 5 (0.38%) Oracle RAC
2 1 (0.077%) Squid
2 1 (0.077%) Active Directory
Systems Management
1 19 (1.46%) ITRS Geneos
2 17 (1.31%) HP Quality Center
3 6 (0.46%) Control-M
4 5 (0.38%) Tivoli
4 5 (0.38%) BMC PATROL
4 5 (0.38%) Nagios
5 2 (0.15%) Salt
5 2 (0.15%) Opscode Chef
5 2 (0.15%) CA LISA
5 2 (0.15%) Puppet
5 2 (0.15%) WMI
6 1 (0.077%) SCCM
Vendors
1 182 (13.99%) Oracle
2 71 (5.46%) TIBCO
2 71 (5.46%) Murex
3 65 (5.00%) 29West
4 44 (3.38%) Sybase
5 36 (2.77%) Reuters
6 33 (2.54%) Microsoft
7 29 (2.23%) Adobe
8 25 (1.92%) Informatica
9 21 (1.61%) SAP
9 21 (1.61%) Red Hat
10 17 (1.31%) Bloomberg
11 12 (0.92%) MarketAxess
11 12 (0.92%) Splunk
11 12 (0.92%) eSpeed
11 12 (0.92%) ION Trading
12 10 (0.77%) Tradeweb
13 9 (0.69%) IBM
13 9 (0.69%) Charles River
14 8 (0.61%) Calypso
City of London
Huxley Banking & Financial Services
Rate: £600 - £750 per day
Posted: 14 hours ago
London
Global Technology Solutions Ltd
Rate: £650 - £695 per day
Posted: 14 hours ago
South West London
Proactive Appointments
Rate: Up to £625 per day
Posted: 17 hours ago
London
Hays Finance Technology
Rate: £550.00 - £675.00 per day
Posted: 18 hours ago
Slough, Berkshire
Hydrogen Group
Rate: £750.00 - £1000.00 per day
Posted: 19 hours ago
Edinburgh
Cathcart Associates
Rate: £450 - £550 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £450 - £550 per day
Posted: 2 days ago
City of London
Orgtel
Rate: £300 - £600 per day
Posted: 2 days ago
London
Oliver Bernard
Rate: From £600 to £650 per day
Posted: 2 days ago
London
Venn Group - UK
Rate: 225-345 Per Day
Posted: 3 days ago
London
TEKsystems
Rate: £500 - £575 per day
Posted: 3 days ago
City, London
Montash
Rate: £450 - £550 per day
Posted: 3 days ago
London
TEKsystems
Rate: £585 - £600 per day
Posted: 3 days ago
London
BPXNet
Rate: £400 - £500+ per day
Posted: 3 days ago
London
Experis Ltd
Rate: £535.00 - £588.50 per day
Posted: 4 days ago
London
Hatstand Limited
Rate: £400 - £500 per day
Posted: 6 days ago
Milton Keynes, Buckinghamshire
Rullion IT Plus
Rate: £200 - £300 per day
Posted: 6 days ago