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 20 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
20 Oct 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 180 142 129
Rank change year-on-year
-38 -13
Contract jobs citing Foreign Exchange (FX) 718 819 896
As % of all contract IT jobs located in the UK 1.23% 1.55% 1.60%
As % of the Miscellaneous category 4.00% 4.93% 5.25%
Number of daily rates quoted 560 644 704
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£588 £575 £575
Average daily rate % change year-on-year
+2.17% -
90% offered a daily rate of more than £450 £450 £425
10% offered a daily rate of more than £700 £700 £700
UK excluding London average daily rate £413 £450 £340
% change year-on-year
-8.33% +32.35%
Number of hourly rates quoted 2 3 1
Average hourly rate £22.75 £90.00 £25.00
Average hourly rate % change year-on-year
-74.72% +260.00%
UK excluding London average hourly rate - £90.00 £25.00
% change year-on-year
- +260.00%

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
17928 16602 17065
As % of all contract IT jobs located in the UK 30.77% 31.52% 30.47%
Number of daily rates quoted 11189 10381 9991
Average daily rate £413 £410 £413
Average daily rate % change year-on-year
+0.60% -0.60%
90% offered a daily rate of more than £238 £240 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 734 670 845
Average hourly rate £17.50 £18.00 £22.50
Average hourly rate % change year-on-year
-2.77% -20.00%
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 £45.00
UK excluding London average hourly rate £17.50 £17.50 £22.50
% change year-on-year
- -22.22%

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 20 October 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)
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 20 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
England -37 683 £600 +4.34% 156
London -11 671 £600 +4.34% 148
City of London -12 194 £600 +4.34% 61
Scotland -2 23 £408 -6.85% 3
Stirling +7 15 - -
County Antrim - 10 £400 - 2
Belfast - 10 £400 - 2
Northern Ireland - 10 £400 - 2
Docklands, London +15 9 £544 -5.43%
Glasgow -13 6 £400 -20.00% 3
South East -14 6 £475 +35.71% 4
Berkshire +14 5 - - 1
Canary Wharf 0 5 £538 -23.21%
Yorkshire - 3 - -
Bournemouth +4 1 £290 -42.00% 2
Dorset -2 1 £290 -42.00% 2
South West -33 1 £290 -42.00% 2
North West - 1 £275 - 1
Cambridgeshire - - - -
Tyne and Wear - - - -
West Midlands - - - - 1
Nottinghamshire - - - -
Somerset - - - -
South Yorkshire - - - -
Surrey - - - -
East Midlands - - - -
Merseyside - - - -
North East - - - -
Brentford - - - -
Cambridge - - - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 20 October 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).

1 610 (45.76%) Front Office
2 569 (42.69%) Banking
3 534 (40.06%) Java
4 404 (30.31%) Finance
5 390 (29.26%) SQL
6 359 (26.93%) Investment Banking
7 358 (26.86%) Multithreading
8 351 (26.33%) Low Latency
9 284 (21.31%) Agile Software Development
10 282 (21.16%) Derivative
11 245 (18.38%) C++
12 237 (17.78%) C#
13 229 (17.18%) Fixed Income
14 196 (14.70%) Oracle
14 196 (14.70%) Linux
15 187 (14.03%) UNIX
16 176 (13.20%) Algorithmic Trading
17 166 (12.45%) Risk Management
18 159 (11.93%) E-Commerce
19 157 (11.78%) Analytical Skills
20 141 (10.58%) OO
21 137 (10.28%) Python
22 135 (10.13%) Equities
23 125 (9.38%) HTML
24 117 (8.78%) JavaScript
25 110 (8.25%) HTML5
26 106 (7.95%) Windows
26 106 (7.95%) XML
27 104 (7.80%) Relational Database
28 100 (7.50%) .NET

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 20 October 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 37 (2.78%) Oracle Coherence
2 35 (2.63%) WebLogic
3 34 (2.55%) WebSphere
4 20 (1.50%) Confluence
5 12 (0.90%) Tomcat
6 11 (0.83%) JBoss
7 10 (0.75%) IIS
7 10 (0.75%) TIBCO EMS
8 6 (0.45%) Node.js
9 5 (0.38%) Apache
10 4 (0.30%) MQSeries
11 3 (0.23%) SharePoint
11 3 (0.23%) Oracle Workflow
12 2 (0.15%) WebSphere Application Server
13 1 (0.075%) PegaRULES
13 1 (0.075%) MS Project Server
13 1 (0.075%) Jetty
13 1 (0.075%) Oracle HTTP Server
13 1 (0.075%) BizTalk Server
13 1 (0.075%) CMS
Applications
1 28 (2.10%) MS Excel
2 17 (1.28%) MS Office
3 13 (0.98%) Spreadsheet
4 7 (0.53%) MS PowerPoint
5 3 (0.23%) MS Visio
6 2 (0.15%) MS Project
7 1 (0.075%) Adobe Illustrator
7 1 (0.075%) OmniGraffle
Business Applications
1 29 (2.18%) RMDS
2 8 (0.60%) Murex MxG2000
2 8 (0.60%) Markit EDM
3 5 (0.38%) Oracle EBS
4 4 (0.30%) Salerio
4 4 (0.30%) ION MarketView
5 2 (0.15%) Bloomberg TOMS
5 2 (0.15%) PeopleSoft Financials
5 2 (0.15%) Hyperion Planning
5 2 (0.15%) SAP R/3
5 2 (0.15%) Oracle Cash Management
5 2 (0.15%) Oracle Assets
6 1 (0.075%) Findur
6 1 (0.075%) SimCorp Dimension
6 1 (0.075%) Global One
6 1 (0.075%) SAP MDM
6 1 (0.075%) Summit
6 1 (0.075%) Tesseract
6 1 (0.075%) Minerva
6 1 (0.075%) Sentinel
Communications & Networking
1 42 (3.15%) Firewall
2 34 (2.55%) Multicast
3 27 (2.03%) TCP/IP
4 16 (1.20%) DNS
5 13 (0.98%) HTTP
6 6 (0.45%) Internet
7 5 (0.38%) NetScaler
8 4 (0.30%) ATM
8 4 (0.30%) LAN
8 4 (0.30%) WAN
9 3 (0.23%) Wi-Fi
10 2 (0.15%) SSH
10 2 (0.15%) Ethernet
10 2 (0.15%) LDAP
10 2 (0.15%) Intranet
10 2 (0.15%) SWIFTNet
11 1 (0.075%) FCoE
11 1 (0.075%) Fibre Channel
11 1 (0.075%) VPN
11 1 (0.075%) VoIP
Database & Business Intelligence
1 104 (7.80%) Relational Database
2 66 (4.95%) SQL Server
3 42 (3.15%) KDB
4 22 (1.65%) Big Data
5 20 (1.50%) Oracle Database
6 14 (1.05%) NoSQL
6 14 (1.05%) Data Mining
7 13 (0.98%) MongoDB
7 13 (0.98%) Hazelcast
8 10 (0.75%) Data Warehouse
9 9 (0.68%) SQL Server Reporting Services
10 8 (0.60%) Oracle Database 11g
10 8 (0.60%) Apache Cassandra
11 7 (0.53%) Oracle Database 10g
12 6 (0.45%) MS Access
12 6 (0.45%) OLAP
12 6 (0.45%) SQL Server Integration Services
12 6 (0.45%) SAP BI
12 6 (0.45%) Hadoop
12 6 (0.45%) HBase
Development Applications
1 46 (3.45%) JIRA
2 45 (3.38%) TeamCity
3 41 (3.08%) Grunt
4 36 (2.70%) WebDriver
5 32 (2.40%) Bower
6 25 (1.88%) Maven
7 23 (1.73%) Git (software)
8 22 (1.65%) JUnit
9 15 (1.13%) Selenium
10 14 (1.05%) Subversion
11 11 (0.83%) Ant
11 11 (0.83%) NUnit
12 9 (0.68%) Jenkins
13 8 (0.60%) QuickTest Pro
13 8 (0.60%) FitNesse
14 7 (0.53%) CruiseControl
14 7 (0.53%) Cucumber
15 6 (0.45%) JBehave
15 6 (0.45%) Mockito
15 6 (0.45%) Visual Studio
General
1 610 (45.76%) Front Office
2 569 (42.69%) Banking
3 404 (30.31%) Finance
4 359 (26.93%) Investment Banking
5 79 (5.93%) Back Office
6 31 (2.33%) Financial Institution
7 18 (1.35%) Retail
8 14 (1.05%) Telecoms
9 10 (0.75%) Legal
9 10 (0.75%) Marketing
10 8 (0.60%) Games
11 6 (0.45%) General Ledger
12 5 (0.38%) Retail Banking
12 5 (0.38%) French Language
13 4 (0.30%) Corporate Banking
14 3 (0.23%) Wholesale Banking
15 2 (0.15%) International Banking
15 2 (0.15%) Advertising
15 2 (0.15%) Italian Language
16 1 (0.075%) German Language
Job Titles
1 720 (54.01%) Developer
2 275 (20.63%) Java Developer
3 256 (19.20%) Analyst
4 161 (12.08%) Business Analyst
5 128 (9.60%) C# Developer
6 124 (9.30%) C++ Developer
7 107 (8.03%) Senior Developer
8 61 (4.58%) Project Manager
9 60 (4.50%) Applications Support
10 47 (3.53%) Python Developer
11 45 (3.38%) Architect
12 43 (3.23%) Senior Java Developer
13 37 (2.78%) JavaScript Developer
14 35 (2.63%) Support Analyst
15 31 (2.33%) Front Office Developer
16 29 (2.18%) Web Developer
17 26 (1.95%) WPF Developer
18 23 (1.73%) C++/C# Developer
18 23 (1.73%) Senior Analyst
18 23 (1.73%) .NET Developer
Libraries, Frameworks & Software Standards
1 125 (9.38%) HTML
2 110 (8.25%) HTML5
3 106 (7.95%) XML
4 100 (7.50%) .NET
5 82 (6.15%) FIX Protocol
6 71 (5.33%) AngularJS
7 60 (4.50%) CSS
8 56 (4.20%) WPF
9 55 (4.13%) Middleware
10 54 (4.05%) Rendezvous
11 49 (3.68%) JMS
12 48 (3.60%) Spring
12 48 (3.60%) Boost C++ Libraries
13 45 (3.38%) STL
14 38 (2.85%) XSLT
15 36 (2.70%) FpML
16 35 (2.63%) Apache Flex
17 32 (2.40%) Java EE
17 32 (2.40%) WCF
18 29 (2.18%) Hibernate
Miscellaneous
1 282 (21.16%) Derivative
2 229 (17.18%) Fixed Income
3 157 (11.78%) Analytical Skills
4 135 (10.13%) Equities
5 53 (3.98%) Computer Science
6 51 (3.83%) User Experience
7 45 (3.38%) Algorithms
8 42 (3.15%) Credit Derivative
9 34 (2.55%) Equity Derivative
10 31 (2.33%) Mathematics
11 30 (2.25%) Market Risk
12 29 (2.18%) Interest Rate Derivative
13 28 (2.10%) VWAP
13 28 (2.10%) TWAP
14 24 (1.80%) RIA
14 24 (1.80%) Field-Programmable Gate Array
15 23 (1.73%) Reference Data
16 22 (1.65%) Credit Risk
17 21 (1.58%) Data Structures
18 20 (1.50%) Hedge funds
Operating Systems
1 196 (14.70%) Linux
2 187 (14.03%) UNIX
3 106 (7.95%) Windows
4 29 (2.18%) Red Hat Enterprise Linux
5 21 (1.58%) Solaris
6 10 (0.75%) Windows XP
7 8 (0.60%) Windows Server 2003
8 2 (0.15%) Windows Server 2008
8 2 (0.15%) Windows 7
9 1 (0.075%) Oracle Linux
9 1 (0.075%) AIX
9 1 (0.075%) SUSE
Processes & Methodologies
1 358 (26.86%) Multithreading
2 351 (26.33%) Low Latency
3 284 (21.31%) Agile Software Development
4 176 (13.20%) Algorithmic Trading
5 166 (12.45%) Risk Management
6 159 (11.93%) E-Commerce
7 141 (10.58%) OO
8 93 (6.98%) Electronic Trading
9 87 (6.53%) Business Analysis
10 80 (6.00%) TDD
11 74 (5.55%) Project Management
12 71 (5.33%) User Acceptance Testing
13 57 (4.28%) Scrum
14 54 (4.05%) Analytics
15 47 (3.53%) Workflow
16 45 (3.38%) Software Engineering
17 43 (3.23%) Performance Tuning
18 42 (3.15%) Change Management
19 39 (2.93%) Stakeholder Management
20 38 (2.85%) Migration
Programming Languages
1 534 (40.06%) Java
2 390 (29.26%) SQL
3 245 (18.38%) C++
4 237 (17.78%) C#
5 137 (10.28%) Python
6 117 (8.78%) JavaScript
7 84 (6.30%) Perl
8 22 (1.65%) Shell Script
9 20 (1.50%) Scala
10 19 (1.43%) VBA
11 16 (1.20%) PL/SQL
12 15 (1.13%) C
13 11 (0.83%) Bash Shell
14 10 (0.75%) Clojure
15 7 (0.53%) VB
15 7 (0.53%) Haskell
16 6 (0.45%) AWK
16 6 (0.45%) C-shell
16 6 (0.45%) VB.NET
17 5 (0.38%) PowerShell
Qualifications
1 94 (7.05%) Degree
2 8 (0.60%) PhD
2 8 (0.60%) ISEB
3 2 (0.15%) PMI Certification
3 2 (0.15%) HNC
3 2 (0.15%) HND
3 2 (0.15%) ISTQB
4 1 (0.075%) IIBA
4 1 (0.075%) CIMA
4 1 (0.075%) MBA
4 1 (0.075%) ISEB Practitioner
4 1 (0.075%) CFA
Quality Assurance & Compliance
1 37 (2.78%) QA
2 31 (2.33%) EMIR
3 23 (1.73%) Dodd-Frank
4 10 (0.75%) Basel II
5 8 (0.60%) Data Quality
6 6 (0.45%) MiFID
7 3 (0.23%) AIFMD
7 3 (0.23%) CRD IV
8 2 (0.15%) SLA
8 2 (0.15%) Basel III
9 1 (0.075%) ISO 9001
9 1 (0.075%) Sarbanes-Oxley
System Software
1 6 (0.45%) Oracle RAC
2 2 (0.15%) Active Directory
3 1 (0.075%) Squid
3 1 (0.075%) SRDF
3 1 (0.075%) NFS
Systems Management
1 21 (1.58%) ITRS Geneos
2 15 (1.13%) HP Quality Center
3 6 (0.45%) Control-M
3 6 (0.45%) Nagios
3 6 (0.45%) Tivoli
4 5 (0.38%) BMC PATROL
5 2 (0.15%) Salt
5 2 (0.15%) WMI
5 2 (0.15%) Puppet
5 2 (0.15%) Opscode Chef
5 2 (0.15%) CA LISA
6 1 (0.075%) ServiceCenter
6 1 (0.075%) SCCM
Vendors
1 196 (14.70%) Oracle
2 84 (6.30%) 29West
3 78 (5.85%) TIBCO
4 63 (4.73%) Murex
5 43 (3.23%) Sybase
6 41 (3.08%) Reuters
7 35 (2.63%) Microsoft
7 35 (2.63%) Adobe
8 29 (2.18%) Red Hat
9 20 (1.50%) Informatica
10 19 (1.43%) eSpeed
10 19 (1.43%) MarketAxess
11 17 (1.28%) Bloomberg
12 15 (1.13%) SAP
12 15 (1.13%) IBM
13 11 (0.83%) Charles River
14 10 (0.75%) Tradeweb
14 10 (0.75%) Splunk
15 8 (0.60%) ION Trading
16 7 (0.53%) Sun
London
TEKsystems
Rate: £550 - £600 per annum
Posted: 2 hours ago
Belfast, County Antrim
Harvey Nash plc
Rate: £300 per day + (Potential for perm)
Posted: 2 hours ago
City, London
McGregor Boyall
Rate: £500 - £800 per day
Posted: 22 hours ago
London
Aston Carter
Rate: £350 - £450 per day
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £400.00 - £700.00 per day
Posted: 2 days ago
London
Hays Finance Technology
Rate: £400.00 - £700.00 per annum
Posted: 2 days ago
City of London
Huxley Associates
Rate: £620 - £720 per day + competitive
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £600 - £720 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 3 days ago
London
Huxley Associates
Rate: £500 - £750 per day
Posted: 3 days ago
London
Huxley Associates
Rate: £500 - £750 per day + competitive
Posted: 3 days ago
Belfast, County Antrim
McGregor Boyall
Rate: £250 - £300 per day
Posted: 3 days ago
London
ComputAppoint
Rate: £400 - £475 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £750 - £950 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £500 per day
Posted: 4 days ago
London
Real Staffing
Rate: £450 - £650 per day + competitive
Posted: 5 days ago
City, London
Aston Carter
Rate: £33 - £40 per hour
Posted: 5 days ago
City, London
TEKsystems
Rate: £350 - £410 per annum
Posted: 5 days ago
London
Oliver Bernard
Rate: From £500 to £600 per day 6 months Contract
Posted: 5 days ago