The first 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 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category.

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 Apr 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 183 110 118
Rank change year-on-year
-73 +8
Contract jobs citing Foreign Exchange (FX) 649 869 989
As % of all contract IT jobs located in the UK 1.15% 1.82% 1.63%
As % of the Miscellaneous category 4.54% 7.11% 6.65%
Number of daily rates quoted 504 683 774
Average daily rate £600 £575 £575
Average daily rate % change year-on-year
+4.34% -
90% offered a daily rate of more than £425 £425 £450
10% offered a daily rate of more than £730 £675 £700
UK excluding London average daily rate £385 £425 £395
% change year-on-year
-9.41% +7.59%
Number of hourly rates quoted 4 9 3
Average hourly rate £22.50 £54.00 £18.00
Average hourly rate % change year-on-year
-58.33% +200.00%
UK excluding London average hourly rate £47.00 £20.50 -
% change year-on-year
+129.26% -
Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
14301 12230 14881
As % of all contract IT jobs located in the UK 25.38% 25.59% 24.55%
Number of daily rates quoted 8825 7369 8656
Average daily rate £415 £425 £425
Average daily rate % change year-on-year
-2.35% -
90% offered a daily rate of more than £225 £240 £250
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £350 £341 £350
% change year-on-year
+2.56% -2.50%
Number of hourly rates quoted 571 628 770
Average hourly rate £20.00 £22.00 £25.00
Average hourly rate % change year-on-year
-9.09% -12.00%
90% offered a hourly rate of more than £11.50 £12.42 £12.00
10% offered a hourly rate of more than £41.00 £42.50 £45.00
UK excluding London average hourly rate £17.50 £21.96 £25.00
% change year-on-year
-20.30% -12.16%

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 April 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 17 April 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 17 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
England -74 624 £600 +4.34% 170
London -31 603 £600 +4.34% 163
City of London -5 236 £613 +9.37% 95
Scotland -31 24 £375 -11.76% 8
Glasgow -2 9 £375 -16.66% 4
Stirling +5 8 £400 -5.88% 2
South East -13 8 £475 +40.74% 3
Docklands, London +2 6 £638 +27.50%
Canary Wharf -10 5 £1,000 +66.66% 1
Cambridgeshire -13 5 £465 +16.25%
East of England -30 5 £465 +16.25%
Hampshire 0 4 £475 +72.72%
Edinburgh - 4 - -
Windsor +6 3 - -
Berkshire -11 3 - -
West Midlands -18 3 £450 - 1
North West -17 2 - - 1
Portsmouth -7 1 £475 +72.72%
Preston - - - -
Reading - - - -
Sheffield - - - -
Surbiton - - - -
Swansea - - - -
Swindon - - - -
Watford - - - -
Weybridge - - - -
Wrexham - - - -
Bedfordshire - - - -
Dorset - - - - 2
East Sussex - - - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 17 April 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).

1 512 (42.28%) Banking
2 497 (41.04%) Front Office
3 389 (32.12%) Java
4 386 (31.87%) Derivative
5 385 (31.79%) Finance
6 366 (30.22%) SQL
7 344 (28.41%) Investment Banking
8 227 (18.74%) Fixed Income
9 220 (18.17%) Low Latency
10 217 (17.92%) C++
11 213 (17.59%) C#
12 205 (16.93%) Oracle
12 205 (16.93%) Multithreading
13 194 (16.02%) UNIX
14 180 (14.86%) Risk Management
15 175 (14.45%) Equities
16 174 (14.37%) Linux
17 134 (11.07%) Windows
18 120 (9.91%) .NET
19 118 (9.74%) Perl
19 118 (9.74%) Python
19 118 (9.74%) E-Commerce
20 109 (9.00%) Project Management
21 94 (7.76%) Degree
22 93 (7.68%) Back Office
23 91 (7.51%) SQL Server
24 90 (7.43%) Electronic Trading
25 87 (7.18%) 29West
25 87 (7.18%) TIBCO
26 83 (6.85%) HTML

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 17 April 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 57 (4.71%) Oracle Coherence
2 33 (2.73%) WebSphere
3 24 (1.98%) TIBCO EMS
4 17 (1.40%) WebLogic
5 10 (0.83%) IIS
5 10 (0.83%) Apache
5 10 (0.83%) Tomcat
6 7 (0.58%) Oracle HTTP Server
7 6 (0.50%) Confluence
8 4 (0.33%) SharePoint
9 3 (0.25%) Apache Solr
9 3 (0.25%) MQSeries
9 3 (0.25%) GemFire
10 2 (0.17%) CICS
10 2 (0.17%) BizTalk Server
10 2 (0.17%) SAS
10 2 (0.17%) Oracle Workflow
11 1 (0.083%) WebSphere Application Server
11 1 (0.083%) CMS
11 1 (0.083%) TIBCO ActiveMatrix
Applications
1 26 (2.15%) MS Excel
2 21 (1.73%) MS Visio
3 14 (1.16%) MS PowerPoint
3 14 (1.16%) MS Office
4 8 (0.66%) MS Project
5 4 (0.33%) Spreadsheet
6 2 (0.17%) Photoshop
6 2 (0.17%) Adobe Illustrator
Business Applications
1 52 (4.29%) RMDS
2 17 (1.40%) Summit
3 12 (0.99%) Murex MxG2000
4 8 (0.66%) Markit EDM
5 5 (0.41%) Salerio
6 4 (0.33%) Loan IQ
7 3 (0.25%) Advent Geneva
8 2 (0.17%) PeopleSoft Financials
8 2 (0.17%) Temenos T24
8 2 (0.17%) Front Arena
8 2 (0.17%) Oracle Cash Management
9 1 (0.083%) IntelliMatch
9 1 (0.083%) FLEXCUBE
9 1 (0.083%) Cognos TM1
9 1 (0.083%) Endur
9 1 (0.083%) LatentZero
9 1 (0.083%) Rolfe and Nolan
9 1 (0.083%) SunGard GMI
9 1 (0.083%) Remedy ITSM
9 1 (0.083%) Dynamics CRM
Cloud Services
1 2 (0.17%) Cloud Computing
1 2 (0.17%) GitHub
Communications & Networking
1 38 (3.14%) Multicast
2 37 (3.06%) Firewall
3 33 (2.73%) TCP/IP
4 20 (1.65%) HTTP
5 8 (0.66%) NAS
5 8 (0.66%) FCoE
5 8 (0.66%) Fibre Channel
5 8 (0.66%) LAN
5 8 (0.66%) WAN
5 8 (0.66%) SAN
6 7 (0.58%) Internet
6 7 (0.58%) DSL
7 5 (0.41%) DNS
8 4 (0.33%) Intranet
9 2 (0.17%) Cisco ASA
9 2 (0.17%) Network Security
10 1 (0.083%) iSCSI
10 1 (0.083%) SSL
10 1 (0.083%) FTP
Database & Business Intelligence
1 91 (7.51%) SQL Server
2 44 (3.63%) KDB
2 44 (3.63%) Oracle Database
3 32 (2.64%) Data Warehouse
4 25 (2.06%) Relational Database
5 17 (1.40%) Data Mart
6 11 (0.91%) Oracle Reports
6 11 (0.91%) MS Access
7 7 (0.58%) RDBMS
7 7 (0.58%) Oracle Database 11g
7 7 (0.58%) Hadoop
7 7 (0.58%) HBase
8 5 (0.41%) SQL Server 2008
8 5 (0.41%) QlikView
8 5 (0.41%) Oracle Database 10g
8 5 (0.41%) DB2
9 4 (0.33%) Hazelcast
10 3 (0.25%) Data Mining
11 2 (0.17%) SAP BI
11 2 (0.17%) Sybase IQ
Development Applications
1 46 (3.80%) JIRA
2 27 (2.23%) NUnit
3 23 (1.90%) MSBuild
4 18 (1.49%) TeamCity
5 16 (1.32%) Subversion
6 13 (1.07%) Ant
7 10 (0.83%) Maven
7 10 (0.83%) LoadRunner
7 10 (0.83%) Git (software)
8 8 (0.66%) QuickTest Pro
8 8 (0.66%) JUnit
8 8 (0.66%) Jenkins
9 7 (0.58%) Grunt
9 7 (0.58%) Bower
9 7 (0.58%) ClearCase
9 7 (0.58%) Selenium
9 7 (0.58%) WebDriver
10 6 (0.50%) CruiseControl
11 4 (0.33%) IntelliJ
12 3 (0.25%) Visual Studio
General
1 512 (42.28%) Banking
2 497 (41.04%) Front Office
3 385 (31.79%) Finance
4 344 (28.41%) Investment Banking
5 93 (7.68%) Back Office
6 20 (1.65%) Financial Institution
7 17 (1.40%) Legal
8 15 (1.24%) Retail
9 13 (1.07%) Marketing
10 7 (0.58%) Advertising
10 7 (0.58%) Telecoms
10 7 (0.58%) Games
11 5 (0.41%) Publishing
11 5 (0.41%) General Ledger
12 3 (0.25%) Private Banking
12 3 (0.25%) Retail Banking
12 3 (0.25%) French Language
13 2 (0.17%) Wholesale Banking
13 2 (0.17%) Billing
14 1 (0.083%) Corporate Banking
Job Titles
1 547 (45.17%) Developer
2 283 (23.37%) Analyst
3 193 (15.94%) Business Analyst
4 192 (15.85%) Java Developer
5 124 (10.24%) C++ Developer
6 97 (8.01%) Project Manager
7 79 (6.52%) C# Developer
8 62 (5.12%) Senior Developer
9 40 (3.30%) Investment Banking Business Analyst
10 39 (3.22%) Test Manager
10 39 (3.22%) Applications Support
11 38 (3.14%) Architect
12 36 (2.97%) Web Developer
13 29 (2.39%) Development Manager
14 27 (2.23%) Support Engineer
15 25 (2.06%) Support Analyst
15 25 (2.06%) Quantitative Developer
16 24 (1.98%) Senior C++ Developer
17 22 (1.82%) Front Office Developer
17 22 (1.82%) Senior Analyst
Libraries, Frameworks & Software Standards
1 120 (9.91%) .NET
2 83 (6.85%) HTML
3 80 (6.61%) XML
4 74 (6.11%) WPF
5 71 (5.86%) Rendezvous
6 60 (4.95%) CSS
7 49 (4.05%) WCF
8 48 (3.96%) FIX Protocol
9 47 (3.88%) Middleware
10 43 (3.55%) HTML5
11 41 (3.39%) Spring
12 38 (3.14%) ASP.NET
13 36 (2.97%) JMS
14 35 (2.89%) ASP.NET MVC
15 29 (2.39%) Hibernate
16 27 (2.23%) Swing
16 27 (2.23%) Boost C++ Libraries
17 25 (2.06%) XSLT
18 24 (1.98%) Web Services
18 24 (1.98%) J2EE
Miscellaneous
1 386 (31.87%) Derivative
2 227 (18.74%) Fixed Income
3 175 (14.45%) Equities
4 73 (6.03%) Computer Science
5 63 (5.20%) Equity Derivative
6 60 (4.95%) Credit Risk
7 48 (3.96%) Market Risk
8 38 (3.14%) Credit Derivative
9 36 (2.97%) Mathematics
10 28 (2.31%) Interest Rate Derivative
11 27 (2.23%) Reference Data
12 20 (1.65%) Physics
13 12 (0.99%) Grid Computing
13 12 (0.99%) SWIFT
14 11 (0.91%) Hedge funds
15 10 (0.83%) Management Information System
16 7 (0.58%) PMI
17 6 (0.50%) Economics
17 6 (0.50%) RIA
18 5 (0.41%) Blackberry
Operating Systems
1 194 (16.02%) UNIX
2 174 (14.37%) Linux
3 134 (11.07%) Windows
4 54 (4.46%) Solaris
5 38 (3.14%) Red Hat Enterprise Linux
6 11 (0.91%) Windows XP
7 7 (0.58%) Windows 7
8 6 (0.50%) Windows Server 2003
9 3 (0.25%) VMS
10 1 (0.083%) Windows Server 2008
10 1 (0.083%) Windows 2000
10 1 (0.083%) Windows Server 2012
Processes & Methodologies
1 220 (18.17%) Low Latency
2 205 (16.93%) Multithreading
3 180 (14.86%) Risk Management
4 118 (9.74%) E-Commerce
5 109 (9.00%) Project Management
6 90 (7.43%) Electronic Trading
7 83 (6.85%) Analytics
8 82 (6.77%) Business Analysis
9 78 (6.44%) OO
10 77 (6.36%) User Acceptance Testing
11 74 (6.11%) Agile Software Development
12 70 (5.78%) Stakeholder Management
13 54 (4.46%) Change Management
14 53 (4.38%) TDD
15 51 (4.21%) Workflow
16 50 (4.13%) Data Modelling
17 43 (3.55%) Scrum
17 43 (3.55%) Software Engineering
18 39 (3.22%) Continuous Integration
19 38 (3.14%) MVVM
Programming Languages
1 389 (32.12%) Java
2 366 (30.22%) SQL
3 217 (17.92%) C++
4 213 (17.59%) C#
5 118 (9.74%) Perl
5 118 (9.74%) Python
6 72 (5.95%) JavaScript
7 26 (2.15%) Shell Script
8 22 (1.82%) C
9 21 (1.73%) VBA
10 18 (1.49%) T-SQL
11 13 (1.07%) Scala
12 10 (0.83%) PL/SQL
13 5 (0.41%) C-shell
13 5 (0.41%) AWK
14 4 (0.33%) ActionScript
14 4 (0.33%) VBScript
14 4 (0.33%) VB
14 4 (0.33%) VC++
15 3 (0.25%) PHP
Qualifications
1 94 (7.76%) Degree
2 23 (1.90%) ISEB
3 13 (1.07%) PhD
4 11 (0.91%) PMI Certification
5 9 (0.74%) PMP
6 7 (0.58%) IIBA
7 6 (0.50%) Six Sigma Green Belt
7 6 (0.50%) ISEB Practitioner
8 5 (0.41%) ISTQB
8 5 (0.41%) CIMA
8 5 (0.41%) SC Cleared
8 5 (0.41%) Security Cleared
8 5 (0.41%) ACCA
8 5 (0.41%) CBAP
9 3 (0.25%) PRINCE2 Certification
9 3 (0.25%) MBA
10 2 (0.17%) CISM
10 2 (0.17%) CISSP
11 1 (0.083%) HNC
11 1 (0.083%) HND
Quality Assurance & Compliance
1 78 (6.44%) EMIR
2 72 (5.95%) Dodd-Frank
3 44 (3.63%) QA
4 7 (0.58%) Basel III
5 6 (0.50%) SLA
5 6 (0.50%) CRD IV
6 5 (0.41%) MiFID
7 4 (0.33%) Sarbanes-Oxley
7 4 (0.33%) Basel II
8 3 (0.25%) ISO 9001
9 2 (0.17%) ISO 9000
9 2 (0.17%) FATCA
9 2 (0.17%) COREP
10 1 (0.083%) FINREP
10 1 (0.083%) Data Quality
10 1 (0.083%) GAAP
System Software
1 9 (0.74%) Oracle RAC
2 8 (0.66%) NFS
2 8 (0.66%) SRDF
3 5 (0.41%) Active Directory
4 2 (0.17%) VMware Infrastructure
4 2 (0.17%) Hyper-V
5 1 (0.083%) XenDesktop
5 1 (0.083%) Oracle RMAN
5 1 (0.083%) Xen
5 1 (0.083%) KVM
Systems Management
1 31 (2.56%) HP Quality Center
2 13 (1.07%) ITRS Geneos
3 3 (0.25%) Tivoli
3 3 (0.25%) Control-M
4 2 (0.17%) Puppet
4 2 (0.17%) Opscode Chef
5 1 (0.083%) OpenView
5 1 (0.083%) SCVMM
5 1 (0.083%) MOM
Vendors
1 205 (16.93%) Oracle
2 87 (7.18%) TIBCO
2 87 (7.18%) 29West
3 76 (6.28%) Sybase
4 45 (3.72%) Murex
5 43 (3.55%) Reuters
6 38 (3.14%) Red Hat
7 36 (2.97%) DataSynapse
8 30 (2.48%) eSpeed
8 30 (2.48%) MarketAxess
8 30 (2.48%) Microsoft
9 16 (1.32%) Adobe
9 16 (1.32%) Calypso
10 14 (1.16%) Bloomberg
11 12 (0.99%) IBM
11 12 (0.99%) Actimize
12 11 (0.91%) HP
12 11 (0.91%) Intel
13 10 (0.83%) Cisco
14 9 (0.74%) NetApp
London
Harvey Nash plc
Rate: £650 - £700 per annum
Posted: 1 hour ago
London
Oliver Bernard
Rate: From £55,000 to £60,000 per annum
Posted: 2 hours ago
London
Harvey Nash plc
Rate: £600 - £700 per annum
Posted: 2 hours ago
London
McGregor Boyall
Rate: £650 - £750 per annum
Posted: 21 hours ago
London
McGregor Boyall
Rate: £650 - £750 per day
Posted: 21 hours ago
City of London
Huxley Associates
Rate: £600 - £700 per day
Posted: Yesterday
City of London
Huxley Associates
Rate: £600 - £650 per day
Posted: Yesterday
City of London
Real Staffing
Rate: £350 - £400 per annum
Posted: Yesterday
City of London
Huxley Associates
Rate: £600 - £700 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £600 - £800 per annum
Posted: 2 days ago
London
McGregor Boyall
Rate: £750 - £1000 per day
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per annum
Posted: 2 days ago
London
Kite Consulting Group Limited
Posted: 3 days ago
East London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 5 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £500 - £560 per day
Posted: 5 days ago
City, London
Aston Carter
Rate: £500 - £700 per month
Posted: 5 days ago
Stirling
ITHR 752
Rate: Competitive
Posted: 5 days ago
West Midlands
Lawrence Harvey IT & Change
Rate: £300 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £450.00 - £500.00 per day
Posted: 6 days ago
City, London
Nicoll Curtin
Rate: £700 - £750 per day
Posted: 6 days ago