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 May 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 May 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 243 170 109
Rank change year-on-year
-73 -61
Contract jobs citing Foreign Exchange (FX) 478 641 873
As % of all contract IT jobs located in the UK 0.88% 1.22% 1.88%
As % of the Miscellaneous category 2.79% 3.87% 5.77%
Number of daily rates quoted 391 512 681
Average daily rate
Keep up to 90%
of your Daily Rate
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£600 £600 £550
Average daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £450 £425 £425
10% offered a daily rate of more than £725 £738 £663
UK excluding London average daily rate £350 £385 £425
% change year-on-year
-9.09% -9.41%
Number of hourly rates quoted 2 0 9
Average hourly rate £13.50 - £42.50
UK excluding London average hourly rate £13.50 - -

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
17140 16573 15122
As % of all contract IT jobs located in the UK 31.52% 31.46% 32.62%
Number of daily rates quoted 10498 10306 8884
Average daily rate £413 £405 £425
Average daily rate % change year-on-year
+1.85% -4.70%
90% offered a daily rate of more than £250 £230 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 685 667 642
Average hourly rate £18.50 £21.00 £22.50
Average hourly rate % change year-on-year
-11.90% -6.66%
90% offered a hourly rate of more than £11.99 £12.00 £12.50
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £18.90 £22.50 £22.00
% change year-on-year
-16.00% +2.27%

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 May 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)
Top 22 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 May 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 -54 463 £600 -4.00% 125
London -24 454 £600 -4.00% 115
City of London -44 113 £600 - 54
Docklands, London +3 9 £663 +1.92%
Northern Ireland +5 7 £325 -53.57% 1
County Antrim - 7 £325 - 1
Belfast - 7 £325 - 1
East Midlands -7 5 £325 -13.33% 4
Scotland -39 5 £500 +33.33% 1
Nottinghamshire -5 4 £325 -13.33% 3
Canary Wharf -6 4 £600 -
Nottingham -8 4 £325 -13.33% 3
Stirling -8 4 - -
Berkshire 0 3 £400 - 1
South East -6 3 £400 - 5
West Yorkshire - 1 £375 -
Yorkshire - 1 £375 -
Northamptonshire - 1 - -
Reading - 1 - -
Leeds - 1 £375 -
Maidenhead - 1 - -
Northampton - 1 - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 26 May 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).

1 422 (40.54%) Front Office
2 421 (40.44%) Finance
3 418 (40.15%) Banking
4 364 (34.97%) Java
5 319 (30.64%) SQL
6 288 (27.67%) Investment Banking
7 276 (26.51%) Multithreading
8 274 (26.32%) Low Latency
9 254 (24.40%) Derivative
10 231 (22.19%) Fixed Income
11 228 (21.90%) Equities
12 206 (19.79%) C++
13 189 (18.16%) Agile Software Development
14 185 (17.77%) C#
15 177 (17.00%) UNIX
16 159 (15.27%) Linux
17 129 (12.39%) Oracle
18 118 (11.34%) E-Commerce
19 117 (11.24%) Analytical Skills
20 111 (10.66%) Electronic Trading
21 96 (9.22%) Risk Management
21 96 (9.22%) Back Office
22 87 (8.36%) FIX Protocol
23 83 (7.97%) Windows
24 79 (7.59%) SDLC
25 78 (7.49%) User Acceptance Testing
25 78 (7.49%) Project Management
26 76 (7.30%) Degree
27 74 (7.11%) Business Analysis
28 69 (6.63%) .NET

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 26 May 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 19 (1.83%) WebSphere
2 14 (1.34%) Oracle Coherence
3 10 (0.96%) Oracle Workflow
3 10 (0.96%) WebLogic
4 6 (0.58%) JBoss
4 6 (0.58%) SharePoint
5 5 (0.48%) Tomcat
6 4 (0.38%) Oracle HTTP Server
6 4 (0.38%) Apache
6 4 (0.38%) IIS
6 4 (0.38%) Apache ServiceMix
7 3 (0.29%) WebSphere Application Server
7 3 (0.29%) SharePoint 2010
8 2 (0.19%) Node.js
8 2 (0.19%) Apache Spark
8 2 (0.19%) MTS
9 1 (0.096%) MQSeries
9 1 (0.096%) GemFire
Applications
1 45 (4.32%) MS Excel
2 14 (1.34%) MS Office
3 13 (1.25%) MS Visio
4 9 (0.86%) MS Project
5 8 (0.77%) MS PowerPoint
6 5 (0.48%) Spreadsheet
7 2 (0.19%) OmniGraffle
7 2 (0.19%) Adobe Creative Suite
8 1 (0.096%) Photoshop
8 1 (0.096%) Maya
Business Applications
1 33 (3.17%) ION MarketView
2 16 (1.54%) Markit EDM
3 14 (1.34%) RMDS
4 13 (1.25%) SAP FI
5 9 (0.86%) thinkFolio
6 7 (0.67%) SAP FI-AP
7 6 (0.58%) SimCorp Dimension
8 5 (0.48%) Summit
9 4 (0.38%) Murex MxG2000
10 3 (0.29%) Maximo
10 3 (0.29%) Oracle General Ledger
10 3 (0.29%) SAP CO
10 3 (0.29%) Endur
10 3 (0.29%) SAP FI/CO
11 2 (0.19%) SAP Oil and Gas
11 2 (0.19%) Dynamics AX
12 1 (0.096%) Finacle
12 1 (0.096%) BondVision
12 1 (0.096%) Temenos T24
12 1 (0.096%) SAP FI-GL
Cloud Services
1 2 (0.19%) SaaS
1 2 (0.19%) PaaS
1 2 (0.19%) IaaS
Communications & Networking
1 23 (2.21%) Multicast
2 16 (1.54%) Firewall
3 8 (0.77%) TCP/IP
4 6 (0.58%) HTTP
5 5 (0.48%) LAN
5 5 (0.48%) WAN
6 4 (0.38%) SAN
6 4 (0.38%) NAS
7 3 (0.29%) FCoE
7 3 (0.29%) Fibre Channel
7 3 (0.29%) iSCSI
7 3 (0.29%) Internet
7 3 (0.29%) FTP
8 1 (0.096%) DNS
8 1 (0.096%) HTTPS
8 1 (0.096%) Wireshark
8 1 (0.096%) Cisco ASA
8 1 (0.096%) NetScaler
Database & Business Intelligence
1 56 (5.38%) SQL Server
2 45 (4.32%) Relational Database
3 38 (3.65%) KDB
4 34 (3.27%) Data Warehouse
5 19 (1.83%) Hadoop
5 19 (1.83%) Big Data
6 17 (1.63%) Data Mining
7 16 (1.54%) Oracle Database
8 10 (0.96%) MS Access
9 9 (0.86%) Pentaho
10 8 (0.77%) Oracle Database 11g
11 7 (0.67%) HBase
11 7 (0.67%) QlikView
12 6 (0.58%) SQL Server Integration Services
13 5 (0.48%) Hazelcast
14 4 (0.38%) Impala
14 4 (0.38%) SQL Server Reporting Services
14 4 (0.38%) RDBMS
15 3 (0.29%) Apache Hive
15 3 (0.29%) NoSQL
Development Applications
1 27 (2.59%) JIRA
2 26 (2.50%) TeamCity
3 20 (1.92%) JUnit
4 16 (1.54%) NUnit
5 15 (1.44%) CruiseControl
5 15 (1.44%) Subversion
5 15 (1.44%) Maven
6 14 (1.34%) Ant
7 12 (1.15%) Git (software)
8 11 (1.06%) Selenium
9 9 (0.86%) ClearCase
9 9 (0.86%) QuickTest Pro
10 7 (0.67%) Cucumber
11 6 (0.58%) Talend Open Studio
11 6 (0.58%) Moq
12 4 (0.38%) Mockito
12 4 (0.38%) SpecFlow
12 4 (0.38%) FitNesse
12 4 (0.38%) Jenkins
13 3 (0.29%) Visual Studio
General
1 422 (40.54%) Front Office
2 421 (40.44%) Finance
3 418 (40.15%) Banking
4 288 (27.67%) Investment Banking
5 96 (9.22%) Back Office
6 34 (3.27%) Financial Institution
7 11 (1.06%) Legal
8 10 (0.96%) General Ledger
8 10 (0.96%) Retail
9 9 (0.86%) Corporate Banking
10 7 (0.67%) Telecoms
10 7 (0.67%) Marketing
11 6 (0.58%) Advertising
12 5 (0.48%) French Language
13 4 (0.38%) Retail Banking
14 3 (0.29%) Spanish Language
14 3 (0.29%) Turkish Language
15 2 (0.19%) German Language
15 2 (0.19%) Billing
15 2 (0.19%) Wholesale Banking
Job Titles
1 524 (50.34%) Developer
2 288 (27.67%) Analyst
3 255 (24.50%) Java Developer
4 172 (16.52%) Business Analyst
5 130 (12.49%) C++ Developer
6 79 (7.59%) C# Developer
7 76 (7.30%) Senior Developer
8 56 (5.38%) Applications Support
9 50 (4.80%) Project Manager
10 49 (4.71%) Support Analyst
11 35 (3.36%) Senior Java Developer
12 27 (2.59%) Applications Support Analyst
13 26 (2.50%) Technical Analyst
13 26 (2.50%) Data Analyst
13 26 (2.50%) C++/C# Developer
14 24 (2.31%) Senior Analyst
15 20 (1.92%) Senior C# Developer
16 19 (1.83%) Consultant
16 19 (1.83%) Test Analyst
17 17 (1.63%) Systems Analyst
Libraries, Frameworks & Software Standards
1 87 (8.36%) FIX Protocol
2 69 (6.63%) .NET
3 64 (6.15%) XML
4 59 (5.67%) WPF
5 48 (4.61%) Boost C++ Libraries
5 48 (4.61%) Middleware
6 43 (4.13%) STL
7 39 (3.75%) HTML
8 36 (3.46%) Spring
9 34 (3.27%) Swing
10 31 (2.98%) Ultra Messaging
11 30 (2.88%) Rendezvous
11 30 (2.88%) WCF
12 28 (2.69%) JMS
13 24 (2.31%) HTML5
14 22 (2.11%) Reactive Extensions
15 19 (1.83%) FpML
15 19 (1.83%) XSLT
15 19 (1.83%) Web Services
16 17 (1.63%) JDBC
Miscellaneous
1 254 (24.40%) Derivative
2 231 (22.19%) Fixed Income
3 228 (21.90%) Equities
4 117 (11.24%) Analytical Skills
5 56 (5.38%) Computer Science
6 53 (5.09%) Algorithms
7 48 (4.61%) Equity Derivative
8 43 (4.13%) Credit Derivative
9 34 (3.27%) Interest Rate Derivative
10 29 (2.79%) Mathematics
11 19 (1.83%) Market Risk
12 18 (1.73%) Hedge funds
13 17 (1.63%) SWIFT
14 15 (1.44%) Contract for Difference
15 13 (1.25%) Physics
16 12 (1.15%) Grid Computing
17 11 (1.06%) Credit Risk
17 11 (1.06%) Eurex
18 10 (0.96%) Data Structures
19 9 (0.86%) Data Integration
Operating Systems
1 177 (17.00%) UNIX
2 159 (15.27%) Linux
3 83 (7.97%) Windows
4 21 (2.02%) Solaris
5 12 (1.15%) Red Hat Enterprise Linux
6 1 (0.096%) VMS
6 1 (0.096%) Windows Server 2003
6 1 (0.096%) Android
Processes & Methodologies
1 276 (26.51%) Multithreading
2 274 (26.32%) Low Latency
3 189 (18.16%) Agile Software Development
4 118 (11.34%) E-Commerce
5 111 (10.66%) Electronic Trading
6 96 (9.22%) Risk Management
7 79 (7.59%) SDLC
8 78 (7.49%) Project Management
8 78 (7.49%) User Acceptance Testing
9 74 (7.11%) Business Analysis
10 64 (6.15%) TDD
11 63 (6.05%) Algorithmic Trading
12 53 (5.09%) OO
13 52 (5.00%) Workflow
14 50 (4.80%) Stakeholder Management
15 49 (4.71%) Software Engineering
16 45 (4.32%) Scrum
16 45 (4.32%) Data Modelling
17 44 (4.23%) Analytics
18 41 (3.94%) Ultra-Low Latency
Programming Languages
1 364 (34.97%) Java
2 319 (30.64%) SQL
3 206 (19.79%) C++
4 185 (17.77%) C#
5 65 (6.24%) Python
6 55 (5.28%) Perl
7 44 (4.23%) VBA
8 30 (2.88%) JavaScript
9 21 (2.02%) C
10 16 (1.54%) Shell Script
11 12 (1.15%) Scala
12 10 (0.96%) Bash Shell
12 10 (0.96%) PL/SQL
13 9 (0.86%) VBScript
13 9 (0.86%) R
14 8 (0.77%) VB
14 8 (0.77%) T-SQL
15 7 (0.67%) XAML
16 4 (0.38%) MATLAB
17 3 (0.29%) AWK
Qualifications
1 76 (7.30%) Degree
2 10 (0.96%) ISEB
3 8 (0.77%) ISTQB
4 3 (0.29%) ISTQB Foundation Certification
4 3 (0.29%) PMP
4 3 (0.29%) PMI Certification
5 2 (0.19%) ISEB Practitioner
6 1 (0.096%) Postgraduate
6 1 (0.096%) CAPM
6 1 (0.096%) PRINCE2 Practitioner
6 1 (0.096%) CISA
6 1 (0.096%) CISM
6 1 (0.096%) CISSP
6 1 (0.096%) PRINCE2 Certification
6 1 (0.096%) A+ Certification
Quality Assurance & Compliance
1 39 (3.75%) QA
2 31 (2.98%) EMIR
3 15 (1.44%) Dodd-Frank
4 13 (1.25%) MiFID
5 5 (0.48%) FATCA
5 5 (0.48%) ISO 9001
6 3 (0.29%) Sarbanes-Oxley
6 3 (0.29%) ISO/IEC 27001
6 3 (0.29%) Basel III
7 2 (0.19%) Data Quality
7 2 (0.19%) COREP
7 2 (0.19%) CRD IV
8 1 (0.096%) AIFMD
8 1 (0.096%) UCITS
8 1 (0.096%) SLA
System Software
1 5 (0.48%) Oracle RAC
2 4 (0.38%) VMware Infrastructure
3 3 (0.29%) Hyper-V
3 3 (0.29%) SRDF
3 3 (0.29%) Apache Flume
3 3 (0.29%) NFS
3 3 (0.29%) KVM
3 3 (0.29%) Xen
4 2 (0.19%) HDFS
4 2 (0.19%) GridGain
5 1 (0.096%) Active Directory
Systems Management
1 21 (2.02%) HP Quality Center
2 17 (1.63%) ITRS Geneos
3 5 (0.48%) Control-M
4 2 (0.19%) Oozie
5 1 (0.096%) CA LISA
5 1 (0.096%) Nagios
5 1 (0.096%) SCOM
5 1 (0.096%) Tivoli
5 1 (0.096%) BMC PATROL
Vendors
1 129 (12.39%) Oracle
2 56 (5.38%) Sybase
3 55 (5.28%) TIBCO
4 36 (3.46%) Murex
5 35 (3.36%) ION Trading
6 32 (3.07%) Microsoft
7 21 (2.02%) SAP
7 21 (2.02%) Bloomberg
8 14 (1.34%) IBM
9 12 (1.15%) Reuters
9 12 (1.15%) Red Hat
9 12 (1.15%) Currenex
10 11 (1.06%) Tradeweb
11 10 (0.96%) Calypso
12 9 (0.86%) MarketAxess
12 9 (0.86%) Talarian
13 8 (0.77%) Tableau
13 8 (0.77%) eSpeed
14 7 (0.67%) HP
14 7 (0.67%) Business Objects
City, London
TEKsystems
Rate: £700 - £800 per day
Posted: 9 hours ago
Belfast, County Antrim
HAYS INFORMATION TECHNOLOGY
Rate: £400.00 per annum
Posted: 10 hours ago
City, London
Michael Bailey Associates
Rate: Market Rates
Posted: 11 hours ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 11 hours ago
London
iKonnect
Rate: £500 - £650 per day
Posted: 11 hours ago
London
Harvey Nash plc
Rate: £500 - £600 per day
Posted: 16 hours ago
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £350 - £450 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £600 - £800 per day
Posted: 5 days ago
London
CPS Group UK
Rate: £0 per day
Posted: 5 days ago
City, London
Pioneer Search
Rate: £700 - £800 per day
Posted: 5 days ago
City of London
Deerfoot IT
Rate: £500 - £550 per day
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 6 days ago
Nottingham, Nottinghamshire
PCR
Rate: £340 - £395 per day + extensions
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £450.00 - £575.00 per day
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 6 days ago
London
Orgtel
Rate: £600 - £650 per day
Posted: 7 days ago
London
Real Staffing
Rate: £500 - £650 per day +
Posted: 7 days ago