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 17 September 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
17 Sep 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 182 123 138
Rank change year-on-year
-59 +15
Contract jobs citing Foreign Exchange (FX) 664 912 836
As % of all contract IT jobs located in the UK 1.17% 1.73% 1.43%
As % of the Miscellaneous category 3.84% 5.56% 4.77%
Number of daily rates quoted 498 717 644
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £550 £553
Average daily rate % change year-on-year
+9.09% -0.49%
90% offered a daily rate of more than £450 £425 £425
10% offered a daily rate of more than £700 £700 £688
UK excluding London average daily rate £400 £438 £456
% change year-on-year
-8.57% -4.10%
Number of hourly rates quoted 1 6 2
Average hourly rate £18.00 £49.00 £87.50
Average hourly rate % change year-on-year
-63.26% -44.00%
UK excluding London average hourly rate - £49.00 £25.00
% change year-on-year
- +96.00%

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
17295 16389 17515
As % of all contract IT jobs located in the UK 30.52% 31.07% 29.92%
Number of daily rates quoted 10526 10094 10144
Average daily rate £401 £413 £400
Average daily rate % change year-on-year
-2.90% +3.12%
90% offered a daily rate of more than £235 £243 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 719 666 878
Average hourly rate £18.53 £18.02 £25.00
Average hourly rate % change year-on-year
+2.85% -27.94%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £43.00 £42.50 £45.00
UK excluding London average hourly rate £18.53 £17.50 £27.50
% change year-on-year
+5.88% -36.36%

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 17 September 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 17 September 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 -57 629 £600 +9.09% 157
London -20 614 £600 +9.09% 147
City of London -21 185 £625 +13.63% 93
Scotland -26 29 £400 -5.88% 3
Stirling -2 14 £350 -17.64%
Glasgow -15 12 £400 -20.00% 2
South East -4 6 £388 -3.12% 5
Docklands, London +17 4 £500 -25.92%
Canary Wharf -4 4 £575 -17.85%
Northern Ireland - 4 £388 - 4
Yorkshire - 3 - - 1
Berkshire +9 2 - - 1
South West -25 2 £290 -
North West -4 1 £275 - 1
Edinburgh -8 1 - -
Dorset - 1 £290 -
Bournemouth - 1 £290 -
Bristol - 1 - -
Burgess Hill - - - -
Cambridge - - - -
Brentford - - - -
Guildford - - - - 1
Henley-on-Thames - - - -
Hounslow - - - -
Kingston Upon Thames - - - - 1
Liverpool - - - -
County Londonderry - - - -
Luton - - - -
Manchester - - - - 1
Newcastle upon Tyne - - - - 1

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 17 September 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).

1 595 (44.87%) Front Office
2 556 (41.93%) Banking
3 530 (39.97%) Java
4 400 (30.17%) SQL
5 390 (29.41%) Finance
6 344 (25.94%) Investment Banking
7 333 (25.11%) Low Latency
8 299 (22.55%) Multithreading
9 294 (22.17%) Derivative
10 277 (20.89%) Agile Software Development
11 242 (18.25%) Fixed Income
12 233 (17.57%) C#
13 228 (17.19%) Oracle
14 227 (17.12%) C++
15 214 (16.14%) Linux
16 197 (14.86%) UNIX
17 186 (14.03%) Risk Management
18 174 (13.12%) E-Commerce
19 161 (12.14%) Python
20 154 (11.61%) Algorithmic Trading
21 139 (10.48%) Equities
22 138 (10.41%) OO
23 134 (10.11%) Analytical Skills
24 121 (9.13%) HTML
25 118 (8.90%) JavaScript
26 113 (8.52%) XML
27 108 (8.14%) HTML5
28 107 (8.07%) 29West
29 105 (7.92%) .NET
30 101 (7.62%) Electronic Trading

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 17 September 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 53 (4.00%) Oracle Coherence
2 34 (2.56%) WebLogic
2 34 (2.56%) WebSphere
3 21 (1.58%) Confluence
4 14 (1.06%) Tomcat
5 10 (0.75%) IIS
6 9 (0.68%) TIBCO EMS
7 8 (0.60%) Apache
8 5 (0.38%) MQSeries
8 5 (0.38%) Node.js
9 3 (0.23%) WebSphere Application Server
9 3 (0.23%) Oracle Workflow
10 2 (0.15%) BizTalk Server
10 2 (0.15%) SharePoint
11 1 (0.075%) MS Project Server
11 1 (0.075%) PegaRULES
11 1 (0.075%) Oracle HTTP Server
11 1 (0.075%) SAS
11 1 (0.075%) Jetty
Applications
1 21 (1.58%) MS Excel
2 14 (1.06%) MS Office
3 13 (0.98%) Spreadsheet
4 4 (0.30%) MS PowerPoint
5 3 (0.23%) MS Project
6 2 (0.15%) MS Visio
7 1 (0.075%) Adobe Illustrator
7 1 (0.075%) OmniGraffle
Business Applications
1 45 (3.39%) RMDS
2 13 (0.98%) Markit EDM
3 8 (0.60%) Murex MxG2000
3 8 (0.60%) Salerio
4 4 (0.30%) Oracle EBS
4 4 (0.30%) PeopleSoft Financials
5 2 (0.15%) Oracle Cash Management
5 2 (0.15%) Oracle Assets
5 2 (0.15%) Bloomberg TOMS
5 2 (0.15%) Hyperion Planning
5 2 (0.15%) Temenos T24
5 2 (0.15%) SAP R/3
5 2 (0.15%) Summit
6 1 (0.075%) LatentZero
6 1 (0.075%) Tesseract
6 1 (0.075%) Minerva
6 1 (0.075%) Sentinel
6 1 (0.075%) Front Arena
6 1 (0.075%) Global One
6 1 (0.075%) SAP MDM
Communications & Networking
1 50 (3.77%) Firewall
2 38 (2.87%) Multicast
3 29 (2.19%) TCP/IP
4 20 (1.51%) DNS
5 15 (1.13%) HTTP
6 8 (0.60%) Internet
7 5 (0.38%) NetScaler
8 4 (0.30%) DSL
8 4 (0.30%) LAN
8 4 (0.30%) WAN
9 2 (0.15%) SWIFTNet
9 2 (0.15%) Intranet
9 2 (0.15%) Wi-Fi
9 2 (0.15%) LDAP
9 2 (0.15%) ATM
9 2 (0.15%) Ethernet
9 2 (0.15%) SSH
10 1 (0.075%) SAN
10 1 (0.075%) VPN
10 1 (0.075%) MPLS
Database & Business Intelligence
1 99 (7.47%) Relational Database
2 49 (3.70%) SQL Server
3 48 (3.62%) KDB
4 27 (2.04%) Oracle Database
5 19 (1.43%) Big Data
6 16 (1.21%) Hazelcast
7 14 (1.06%) Data Mining
7 14 (1.06%) Data Warehouse
8 13 (0.98%) NoSQL
9 10 (0.75%) MongoDB
9 10 (0.75%) Oracle Database 11g
9 10 (0.75%) Oracle Reports
10 9 (0.68%) Oracle Database 10g
10 9 (0.68%) RDBMS
11 6 (0.45%) SAP BI
11 6 (0.45%) OLAP
12 5 (0.38%) MS Access
12 5 (0.38%) Crystal Reports
12 5 (0.38%) Hadoop
12 5 (0.38%) IBM InfoSphere
Development Applications
1 49 (3.70%) JIRA
1 49 (3.70%) TeamCity
2 39 (2.94%) Grunt
3 33 (2.49%) WebDriver
4 31 (2.34%) Bower
5 27 (2.04%) Git (software)
6 22 (1.66%) Maven
7 21 (1.58%) JUnit
8 16 (1.21%) Selenium
8 16 (1.21%) Subversion
9 12 (0.90%) Jenkins
10 10 (0.75%) NUnit
11 9 (0.68%) FitNesse
11 9 (0.68%) QuickTest Pro
12 7 (0.53%) Ant
12 7 (0.53%) Cucumber
13 6 (0.45%) Mockito
13 6 (0.45%) CruiseControl
14 5 (0.38%) Eclipse
14 5 (0.38%) Visual Studio
General
1 595 (44.87%) Front Office
2 556 (41.93%) Banking
3 390 (29.41%) Finance
4 344 (25.94%) Investment Banking
5 91 (6.86%) Back Office
6 28 (2.11%) Financial Institution
7 18 (1.36%) Retail
8 13 (0.98%) Telecoms
9 12 (0.90%) Marketing
10 10 (0.75%) Games
11 9 (0.68%) General Ledger
11 9 (0.68%) Legal
12 5 (0.38%) French Language
12 5 (0.38%) Corporate Banking
13 4 (0.30%) Retail Banking
14 3 (0.23%) Billing
14 3 (0.23%) Advertising
15 2 (0.15%) Publishing
15 2 (0.15%) Wholesale Banking
15 2 (0.15%) International Banking
Job Titles
1 691 (52.11%) Developer
2 262 (19.76%) Java Developer
3 261 (19.68%) Analyst
4 166 (12.52%) Business Analyst
5 117 (8.82%) C# Developer
6 106 (7.99%) C++ Developer
7 91 (6.86%) Senior Developer
8 63 (4.75%) Applications Support
9 60 (4.52%) Project Manager
10 48 (3.62%) Python Developer
11 47 (3.54%) Architect
12 37 (2.79%) Senior Java Developer
13 36 (2.71%) Support Analyst
14 35 (2.64%) Web Developer
15 31 (2.34%) Front Office Developer
16 28 (2.11%) Development Manager
17 27 (2.04%) JavaScript Developer
17 27 (2.04%) Quantitative Developer
18 26 (1.96%) .NET Developer
19 24 (1.81%) Applications Support Analyst
Libraries, Frameworks & Software Standards
1 121 (9.13%) HTML
2 113 (8.52%) XML
3 108 (8.14%) HTML5
4 105 (7.92%) .NET
5 90 (6.79%) FIX Protocol
6 62 (4.68%) AngularJS
7 56 (4.22%) Rendezvous
8 55 (4.15%) CSS
9 48 (3.62%) WPF
10 46 (3.47%) JMS
11 45 (3.39%) Spring
12 43 (3.24%) Apache Flex
12 43 (3.24%) Middleware
13 40 (3.02%) XSLT
13 40 (3.02%) Boost C++ Libraries
14 33 (2.49%) STL
15 32 (2.41%) Java SE
15 32 (2.41%) WCF
16 29 (2.19%) Java EE
17 28 (2.11%) FpML
Miscellaneous
1 294 (22.17%) Derivative
2 242 (18.25%) Fixed Income
3 139 (10.48%) Equities
4 134 (10.11%) Analytical Skills
5 59 (4.45%) Computer Science
6 56 (4.22%) User Experience
7 40 (3.02%) Equity Derivative
8 39 (2.94%) Credit Derivative
9 28 (2.11%) Interest Rate Derivative
10 27 (2.04%) Mathematics
11 26 (1.96%) Market Risk
12 25 (1.89%) Reference Data
13 23 (1.73%) Credit Risk
14 22 (1.66%) RIA
14 22 (1.66%) VWAP
14 22 (1.66%) TWAP
15 21 (1.58%) Field-Programmable Gate Array
16 16 (1.21%) Grid Computing
17 15 (1.13%) Hedge funds
18 14 (1.06%) Management Information System
Operating Systems
1 214 (16.14%) Linux
2 197 (14.86%) UNIX
3 97 (7.32%) Windows
4 37 (2.79%) Red Hat Enterprise Linux
5 34 (2.56%) Solaris
6 13 (0.98%) Windows XP
7 11 (0.83%) Windows Server 2003
8 2 (0.15%) Windows 7
8 2 (0.15%) Windows Server 2008
9 1 (0.075%) AIX
9 1 (0.075%) SUSE
9 1 (0.075%) Oracle Linux
Processes & Methodologies
1 333 (25.11%) Low Latency
2 299 (22.55%) Multithreading
3 277 (20.89%) Agile Software Development
4 186 (14.03%) Risk Management
5 174 (13.12%) E-Commerce
6 154 (11.61%) Algorithmic Trading
7 138 (10.41%) OO
8 101 (7.62%) Electronic Trading
9 86 (6.49%) Business Analysis
10 82 (6.18%) Project Management
11 69 (5.20%) TDD
12 58 (4.37%) Scrum
12 58 (4.37%) Analytics
13 55 (4.15%) User Acceptance Testing
14 52 (3.92%) Change Management
15 50 (3.77%) Software Engineering
16 42 (3.17%) Workflow
17 39 (2.94%) Data Modelling
18 37 (2.79%) Stakeholder Management
19 36 (2.71%) Performance Tuning
Programming Languages
1 530 (39.97%) Java
2 400 (30.17%) SQL
3 233 (17.57%) C#
4 227 (17.12%) C++
5 161 (12.14%) Python
6 118 (8.90%) JavaScript
7 98 (7.39%) Perl
8 23 (1.73%) Shell Script
8 23 (1.73%) Scala
9 21 (1.58%) VBA
10 15 (1.13%) PL/SQL
10 15 (1.13%) C
11 11 (0.83%) Clojure
12 9 (0.68%) AWK
12 9 (0.68%) Haskell
12 9 (0.68%) C-shell
12 9 (0.68%) Bash Shell
13 7 (0.53%) VB.NET
14 5 (0.38%) R
15 4 (0.30%) VB
Qualifications
1 89 (6.71%) Degree
2 10 (0.75%) PhD
3 7 (0.53%) ISEB
4 6 (0.45%) PMI Certification
5 2 (0.15%) MBA
5 2 (0.15%) HNC
5 2 (0.15%) HND
5 2 (0.15%) PMP
5 2 (0.15%) ISTQB
6 1 (0.075%) ISEB Practitioner
6 1 (0.075%) CIMA
6 1 (0.075%) IIBA
Quality Assurance & Compliance
1 45 (3.39%) EMIR
2 39 (2.94%) QA
3 36 (2.71%) Dodd-Frank
4 9 (0.68%) Basel II
5 8 (0.60%) Data Quality
6 4 (0.30%) MiFID
7 3 (0.23%) Basel III
7 3 (0.23%) AIFMD
8 2 (0.15%) CRD IV
8 2 (0.15%) Sarbanes-Oxley
9 1 (0.075%) SLA
9 1 (0.075%) ISO 9001
9 1 (0.075%) COREP
9 1 (0.075%) FINREP
System Software
1 6 (0.45%) Oracle RAC
2 2 (0.15%) Active Directory
3 1 (0.075%) Squid
3 1 (0.075%) NFS
3 1 (0.075%) SRDF
Systems Management
1 28 (2.11%) ITRS Geneos
2 12 (0.90%) HP Quality Center
3 7 (0.53%) Tivoli
3 7 (0.53%) Control-M
4 6 (0.45%) Nagios
5 5 (0.38%) BMC PATROL
6 4 (0.30%) Opscode Chef
6 4 (0.30%) Puppet
7 3 (0.23%) Salt
8 2 (0.15%) CA LISA
8 2 (0.15%) WMI
9 1 (0.075%) ServiceCenter
9 1 (0.075%) SCCM
Vendors
1 228 (17.19%) Oracle
2 107 (8.07%) 29West
3 75 (5.66%) TIBCO
4 50 (3.77%) Murex
5 47 (3.54%) Sybase
5 47 (3.54%) Reuters
6 43 (3.24%) Adobe
7 37 (2.79%) Red Hat
8 32 (2.41%) Microsoft
9 23 (1.73%) eSpeed
9 23 (1.73%) MarketAxess
10 19 (1.43%) Bloomberg
11 18 (1.36%) Informatica
11 18 (1.36%) IBM
12 14 (1.06%) Charles River
12 14 (1.06%) JBoss
13 12 (0.90%) SAP
14 10 (0.75%) Splunk
14 10 (0.75%) Tradeweb
15 9 (0.68%) Calypso
City, London
TEKsystems
Rate: £45000 - £55000 per annum
Posted: 14 hours ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 15 hours ago
City, London
Harrington Starr
Rate: £500 per day
Posted: 15 hours ago
City, London
McGregor Boyall
Rate: £500 - £625 per day
Posted: 17 hours ago
Newbury, Berkshire
Palm (UK) Ltd
Rate: Market Rate
Posted: 20 hours ago
London
Opus Recruitment Solutions Ltd
Rate: Market Rate
Posted: Yesterday
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £600 - £720 per day
Posted: Yesterday
Belfast, County Antrim
Randstad Technologies
Rate: £400 - £425 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £500 - £650 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £600 - £700 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £575 - £650 per day
Posted: 4 days ago
London
TEKsystems
Rate: £600 - £700 per day
Posted: 4 days ago
Belfast, County Antrim
McGregor Boyall
Rate: £375 - £400 per day
Posted: 4 days ago
Belfast, County Antrim
Harvey Nash plc
Rate: £350 - £425 per day
Posted: 4 days ago
Belfast, County Antrim
TEKsystems
Rate: £400 - £425 per day
Posted: 4 days ago
London
Aston Carter
Rate: £650 - £720 per day
Posted: 4 days ago
London
Aston Carter
Rate: £500 - £650 per annum
Posted: 5 days ago
City, London
Harrington Starr
Rate: £600 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £700 - £800 per day
Posted: 5 days ago