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 1 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
1 May 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 218 177 105
Rank change year-on-year
-41 -72
Contract jobs citing Foreign Exchange (FX) 536 650 908
As % of all contract IT jobs located in the UK 0.96% 1.19% 1.88%
As % of the Miscellaneous category 3.17% 3.84% 6.01%
Number of daily rates quoted 439 507 710
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £600 £550
Average daily rate % change year-on-year
- +9.09%
90% offered a daily rate of more than £425 £425 £425
10% offered a daily rate of more than £725 £738 £675
UK excluding London average daily rate £425 £415 £425
% change year-on-year
+2.40% -2.35%
Number of hourly rates quoted 2 2 13
Average hourly rate £13.50 £34.75 £54.00
Average hourly rate % change year-on-year
-61.15% -35.64%
UK excluding London average hourly rate £13.50 £47.00 £20.50
% change year-on-year
-71.27% +129.26%

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
16926 16915 15102
As % of all contract IT jobs located in the UK 30.33% 31.05% 31.21%
Number of daily rates quoted 10398 10470 9012
Average daily rate £425 £405 £425
Average daily rate % change year-on-year
+4.93% -4.70%
90% offered a daily rate of more than £250 £235 £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 646 656 657
Average hourly rate £19.00 £22.00 £22.50
Average hourly rate % change year-on-year
-13.63% -2.22%
90% offered a hourly rate of more than £11.50 £11.91 £12.42
10% offered a hourly rate of more than £45.60 £42.50 £45.00
UK excluding London average hourly rate £20.00 £22.50 £21.50
% change year-on-year
-11.11% +4.65%

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 1 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 25 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 1 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 -43 516 £600 - 107
London -9 507 £600 - 98
City of London -41 121 £600 - 48
Docklands, London +5 12 £663 +3.92%
Scotland -21 11 £475 +26.66%
Northern Ireland - 7 £325 - 1
County Antrim - 7 £325 - 1
Belfast - 7 £325 - 1
Canary Wharf -5 5 £563 -43.75%
Stirling -9 4 - -
South East -13 4 £400 -15.78% 2
Glasgow -14 4 £475 +26.66%
Berkshire -4 3 £400 - 1
Edinburgh +2 2 £475 -
East Midlands -4 2 £325 -13.33% 2
Reading - 2 £400 -
Nottinghamshire -3 1 £325 -13.33%
Nottingham -10 1 £325 -13.33%
Oxford - 1 £300 -
Northampton - 1 - -
Leeds - 1 £375 - 1
Oxfordshire - 1 £300 -
West Yorkshire - 1 £375 - 1
Yorkshire - 1 £375 - 1
Northamptonshire - 1 - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 1 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).

1 445 (42.18%) Front Office
2 422 (40.00%) Finance
3 416 (39.43%) Banking
4 388 (36.78%) Java
5 310 (29.38%) SQL
6 286 (27.11%) Investment Banking
7 276 (26.16%) Low Latency
8 271 (25.69%) Multithreading
9 258 (24.45%) Derivative
10 220 (20.85%) Equities
11 217 (20.57%) Fixed Income
12 210 (19.91%) C++
13 188 (17.82%) Agile Software Development
14 173 (16.40%) C#
15 170 (16.11%) UNIX
16 151 (14.31%) Linux
17 140 (13.27%) Oracle
18 119 (11.28%) Electronic Trading
19 114 (10.81%) Analytical Skills
19 114 (10.81%) E-Commerce
20 93 (8.82%) Risk Management
21 91 (8.63%) Back Office
22 84 (7.96%) FIX Protocol
23 76 (7.20%) Project Management
24 75 (7.11%) Windows
24 75 (7.11%) XML
25 73 (6.92%) Degree
25 73 (6.92%) TDD
26 72 (6.82%) Business Analysis
27 65 (6.16%) User Acceptance Testing

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 1 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 (1.80%) WebSphere
2 15 (1.42%) Oracle Coherence
3 11 (1.04%) Oracle Workflow
4 10 (0.95%) WebLogic
5 6 (0.57%) Tomcat
6 5 (0.47%) JBoss
7 4 (0.38%) Oracle HTTP Server
7 4 (0.38%) SharePoint
7 4 (0.38%) IIS
7 4 (0.38%) Apache
7 4 (0.38%) Apache ServiceMix
8 3 (0.28%) Node.js
8 3 (0.28%) MTS
8 3 (0.28%) WebSphere Application Server
9 1 (0.095%) GemFire
9 1 (0.095%) Elasticsearch
9 1 (0.095%) SharePoint 2010
9 1 (0.095%) Confluence
9 1 (0.095%) Apache Solr
9 1 (0.095%) Apache Spark
Applications
1 45 (4.27%) MS Excel
2 14 (1.33%) MS Office
3 11 (1.04%) MS Visio
4 8 (0.76%) MS PowerPoint
4 8 (0.76%) MS Project
5 5 (0.47%) Spreadsheet
6 2 (0.19%) Adobe Creative Suite
6 2 (0.19%) OmniGraffle
7 1 (0.095%) Photoshop
7 1 (0.095%) Maya
Business Applications
1 32 (3.03%) ION MarketView
2 16 (1.52%) Markit EDM
3 15 (1.42%) RMDS
4 12 (1.14%) SAP FI
5 9 (0.85%) thinkFolio
6 7 (0.66%) SAP FI-AP
7 6 (0.57%) SimCorp Dimension
8 4 (0.38%) SAP CO
8 4 (0.38%) Summit
8 4 (0.38%) SAP FI/CO
8 4 (0.38%) Murex MxG2000
8 4 (0.38%) Oracle General Ledger
9 3 (0.28%) Endur
9 3 (0.28%) SAP Oil and Gas
10 2 (0.19%) SAP FSCM
11 1 (0.095%) SAP FI-CA
11 1 (0.095%) SAP FI-GL
11 1 (0.095%) Temenos T24
11 1 (0.095%) SunGard Stream Ubix
11 1 (0.095%) SunGard Stream Clearvision
Cloud Services
1 1 (0.095%) Amazon EC2
1 1 (0.095%) Amazon S3
1 1 (0.095%) Amazon AWS
Communications & Networking
1 21 (1.99%) Multicast
2 14 (1.33%) Firewall
3 9 (0.85%) TCP/IP
4 6 (0.57%) HTTP
5 5 (0.47%) LAN
5 5 (0.47%) WAN
6 4 (0.38%) SAN
6 4 (0.38%) NAS
7 3 (0.28%) FCoE
7 3 (0.28%) Fibre Channel
7 3 (0.28%) iSCSI
7 3 (0.28%) FTP
8 2 (0.19%) tcpdump
9 1 (0.095%) NetScaler
9 1 (0.095%) Cisco ASA
9 1 (0.095%) ATM
9 1 (0.095%) DNS
9 1 (0.095%) HTTPS
9 1 (0.095%) Internet
9 1 (0.095%) Wireshark
Database & Business Intelligence
1 57 (5.40%) SQL Server
2 47 (4.45%) Relational Database
3 35 (3.32%) KDB
4 34 (3.22%) Data Warehouse
5 24 (2.27%) Hadoop
6 23 (2.18%) Big Data
7 17 (1.61%) Data Mining
8 14 (1.33%) Oracle Database
9 10 (0.95%) MS Access
10 9 (0.85%) Pentaho
11 8 (0.76%) Oracle Database 11g
12 7 (0.66%) QlikView
13 6 (0.57%) SQL Server Integration Services
13 6 (0.57%) HBase
14 5 (0.47%) RDBMS
15 4 (0.38%) SQL Server Reporting Services
16 3 (0.28%) Hazelcast
16 3 (0.28%) Apache Hive
16 3 (0.28%) NoSQL
16 3 (0.28%) Impala
Development Applications
1 31 (2.94%) JIRA
2 27 (2.56%) TeamCity
3 20 (1.90%) JUnit
4 19 (1.80%) NUnit
5 18 (1.71%) CruiseControl
6 16 (1.52%) Subversion
6 16 (1.52%) Maven
7 14 (1.33%) Ant
8 11 (1.04%) Git (software)
9 10 (0.95%) QuickTest Pro
10 9 (0.85%) ClearCase
10 9 (0.85%) Selenium
11 6 (0.57%) Talend Open Studio
11 6 (0.57%) Moq
11 6 (0.57%) Grunt
12 5 (0.47%) Cucumber
12 5 (0.47%) WebDriver
12 5 (0.47%) Bower
13 4 (0.38%) Mockito
13 4 (0.38%) Jenkins
General
1 445 (42.18%) Front Office
2 422 (40.00%) Finance
3 416 (39.43%) Banking
4 286 (27.11%) Investment Banking
5 91 (8.63%) Back Office
6 41 (3.89%) Financial Institution
7 12 (1.14%) Legal
8 11 (1.04%) Retail
8 11 (1.04%) General Ledger
9 9 (0.85%) Telecoms
10 8 (0.76%) Marketing
11 7 (0.66%) Corporate Banking
12 6 (0.57%) Retail Banking
12 6 (0.57%) French Language
13 5 (0.47%) Advertising
14 3 (0.28%) Electronics
14 3 (0.28%) Manufacturing
15 2 (0.19%) German Language
16 1 (0.095%) Pharmaceutical
16 1 (0.095%) Games
Job Titles
1 540 (51.18%) Developer
2 291 (27.58%) Analyst
3 273 (25.88%) Java Developer
4 175 (16.59%) Business Analyst
5 125 (11.85%) C++ Developer
6 77 (7.30%) Senior Developer
7 73 (6.92%) C# Developer
8 49 (4.64%) Applications Support
9 47 (4.45%) Project Manager
10 44 (4.17%) Support Analyst
11 39 (3.70%) Senior Java Developer
12 27 (2.56%) Data Analyst
13 25 (2.37%) Technical Analyst
14 22 (2.09%) Senior Analyst
14 22 (2.09%) Applications Support Analyst
15 20 (1.90%) Quantitative Developer
16 19 (1.80%) Architect
16 19 (1.80%) Test Analyst
17 18 (1.71%) Systems Analyst
17 18 (1.71%) Consultant
Libraries, Frameworks & Software Standards
1 84 (7.96%) FIX Protocol
2 75 (7.11%) XML
3 64 (6.07%) .NET
4 58 (5.50%) WPF
5 51 (4.83%) Middleware
5 51 (4.83%) HTML
6 47 (4.45%) Boost C++ Libraries
7 43 (4.08%) STL
8 39 (3.70%) Ultra Messaging
9 38 (3.60%) Spring
10 36 (3.41%) HTML5
11 35 (3.32%) Swing
12 31 (2.94%) Rendezvous
13 29 (2.75%) JMS
14 25 (2.37%) WCF
15 21 (1.99%) FpML
15 21 (1.99%) XSLT
16 20 (1.90%) CSS
16 20 (1.90%) Reactive Extensions
17 16 (1.52%) Hibernate
Miscellaneous
1 258 (24.45%) Derivative
2 220 (20.85%) Equities
3 217 (20.57%) Fixed Income
4 114 (10.81%) Analytical Skills
5 54 (5.12%) Equity Derivative
6 51 (4.83%) Computer Science
7 50 (4.74%) Credit Derivative
8 48 (4.55%) Algorithms
9 39 (3.70%) Interest Rate Derivative
10 33 (3.13%) Mathematics
11 21 (1.99%) Market Risk
12 18 (1.71%) Hedge funds
13 15 (1.42%) Contract for Difference
14 14 (1.33%) SWIFT
15 13 (1.23%) Physics
16 11 (1.04%) User Experience
16 11 (1.04%) Open Source
17 10 (0.95%) Grid Computing
17 10 (0.95%) Data Structures
17 10 (0.95%) Eurex
Operating Systems
1 170 (16.11%) UNIX
2 151 (14.31%) Linux
3 75 (7.11%) Windows
4 14 (1.33%) Solaris
5 11 (1.04%) Red Hat Enterprise Linux
6 1 (0.095%) Android
6 1 (0.095%) VMS
6 1 (0.095%) Windows Server 2003
Processes & Methodologies
1 276 (26.16%) Low Latency
2 271 (25.69%) Multithreading
3 188 (17.82%) Agile Software Development
4 119 (11.28%) Electronic Trading
5 114 (10.81%) E-Commerce
6 93 (8.82%) Risk Management
7 76 (7.20%) Project Management
8 73 (6.92%) TDD
9 72 (6.82%) Business Analysis
10 65 (6.16%) User Acceptance Testing
11 61 (5.78%) Algorithmic Trading
12 60 (5.69%) OO
13 52 (4.93%) Workflow
14 50 (4.74%) Scrum
15 49 (4.64%) Data Modelling
16 46 (4.36%) Software Engineering
17 44 (4.17%) Ultra-Low Latency
17 44 (4.17%) Analytics
18 41 (3.89%) Stakeholder Management
19 34 (3.22%) Change Management
Programming Languages
1 388 (36.78%) Java
2 310 (29.38%) SQL
3 210 (19.91%) C++
4 173 (16.40%) C#
5 63 (5.97%) Python
6 50 (4.74%) Perl
7 44 (4.17%) JavaScript
8 40 (3.79%) VBA
9 18 (1.71%) C
10 16 (1.52%) Shell Script
11 13 (1.23%) Bash Shell
12 11 (1.04%) Scala
12 11 (1.04%) PL/SQL
13 9 (0.85%) R
13 9 (0.85%) VBScript
14 8 (0.76%) VB
15 7 (0.66%) T-SQL
15 7 (0.66%) XAML
16 5 (0.47%) Groovy
16 5 (0.47%) Ruby
Qualifications
1 73 (6.92%) Degree
2 10 (0.95%) ISEB
3 8 (0.76%) ISTQB
4 3 (0.28%) PMP
4 3 (0.28%) PMI Certification
5 2 (0.19%) ISEB Practitioner
5 2 (0.19%) ISTQB Foundation Certification
6 1 (0.095%) PRINCE2 Practitioner
6 1 (0.095%) Postgraduate
6 1 (0.095%) PhD
6 1 (0.095%) PRINCE2 Certification
6 1 (0.095%) ACCA
6 1 (0.095%) CIMA
6 1 (0.095%) CAPM
Quality Assurance & Compliance
1 30 (2.84%) QA
2 22 (2.09%) EMIR
3 9 (0.85%) Dodd-Frank
3 9 (0.85%) MiFID
4 4 (0.38%) Data Quality
5 3 (0.28%) FATCA
5 3 (0.28%) ISO 9001
5 3 (0.28%) Sarbanes-Oxley
5 3 (0.28%) ISO/IEC 27001
6 2 (0.19%) COREP
6 2 (0.19%) Basel III
7 1 (0.095%) AIFMD
7 1 (0.095%) UCITS
7 1 (0.095%) CRD IV
7 1 (0.095%) SLA
System Software
1 5 (0.47%) Oracle RAC
2 4 (0.38%) VMware Infrastructure
3 3 (0.28%) Apache Flume
3 3 (0.28%) SRDF
3 3 (0.28%) Hyper-V
3 3 (0.28%) KVM
3 3 (0.28%) NFS
3 3 (0.28%) Xen
4 1 (0.095%) GridGain
4 1 (0.095%) HDFS
Systems Management
1 24 (2.27%) HP Quality Center
2 14 (1.33%) ITRS Geneos
3 5 (0.47%) Control-M
4 2 (0.19%) Oozie
5 1 (0.095%) CA LISA
5 1 (0.095%) SCOM
5 1 (0.095%) Tivoli
5 1 (0.095%) BMC PATROL
5 1 (0.095%) Nagios
Vendors
1 140 (13.27%) Oracle
2 60 (5.69%) Sybase
3 55 (5.21%) TIBCO
4 40 (3.79%) Murex
5 35 (3.32%) ION Trading
6 31 (2.94%) Microsoft
7 23 (2.18%) SAP
8 17 (1.61%) Bloomberg
9 12 (1.14%) IBM
10 11 (1.04%) Currenex
10 11 (1.04%) Tradeweb
10 11 (1.04%) Calypso
10 11 (1.04%) Red Hat
11 10 (0.95%) Reuters
12 8 (0.76%) Tableau
13 7 (0.66%) MarketAxess
13 7 (0.66%) HP
14 6 (0.57%) SimCorp
14 6 (0.57%) eSpeed
14 6 (0.57%) Business Objects
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: Yesterday
London
Aston Carter
Rate: £550 - £650 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: Yesterday
London
Hays Finance Technology
Rate: £450.00 - £650.00 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £550 per day
Posted: Yesterday
London
Resource Solutions - Barclays
Rate: Market Rate
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £750 per day
Posted: 2 days ago
London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 3 days ago
London
Pioneer Search
Rate: £700 - £800 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £450 - £500 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 4 days ago
City, London
ComputAppoint
Rate: £650 - £700 per day
Posted: 4 days ago
London
TEKsystems
Rate: £625 - £650 per day
Posted: 5 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 5 days ago
London
Hays Finance Technology
Rate: £400.00 - £500.00 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £600 - £800 per day
Posted: 5 days ago
City, London
TEKsystems
Rate: £400 - £500 per annum
Posted: 5 days ago
City, London
Aston Carter
Rate: £550 - £650 per day
Posted: 5 days ago
London
Aston Carter
Rate: £450 - £550 per annum
Posted: 5 days ago
Belfast, County Antrim
HAYS INFORMATION TECHNOLOGY
Rate: £10.00 - £11.00 per hour
Posted: 6 days ago