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 11 February 2016 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
11 Feb 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 198 220 193
Rank change year-on-year
+22 -27
Contract jobs citing Foreign Exchange (FX) 651 523 563
As % of all contract IT jobs located in the UK 1.27% 1.01% 1.13%
As % of the Miscellaneous category 3.92% 3.24% 3.53%
Number of daily rates quoted 500 423 440
Average daily rate £600 £588 £575
Average daily rate % change year-on-year
+2.12% +2.17%
90% offered a daily rate of more than £424 £425 £450
10% offered a daily rate of more than £701 £690 £700
UK excluding London average daily rate £400 £420 £425
% change year-on-year
-4.76% -1.17%
Number of hourly rates quoted 1 2 5
Average hourly rate £47.50 £27.50 £22.50
Average hourly rate % change year-on-year
+72.72% +22.22%
UK excluding London average hourly rate - - -

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
16596 16129 15942
As % of all contract IT jobs located in the UK 32.26% 31.14% 32.06%
Number of daily rates quoted 10700 10027 9635
Average daily rate £425 £415 £405
Average daily rate % change year-on-year
+2.40% +2.46%
90% offered a daily rate of more than £250 £240 £230
10% offered a daily rate of more than £623 £600 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 663 688 665
Average hourly rate £21.50 £18.00 £19.00
Average hourly rate % change year-on-year
+19.44% -5.26%
90% offered a hourly rate of more than £12.50 £11.50 £11.51
10% offered a hourly rate of more than £52.63 £40.00 £42.50
UK excluding London average hourly rate £23.75 £17.50 £17.50
% change year-on-year
+35.71% -

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 11 February 2016.

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 24 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 11 February 2016. 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 +40 639 £600 +1.26% 158
London +17 614 £600 +0.84% 142
City of London +29 149 £600 +2.12% 43
South East +19 13 £450 +13.92% 3
Scotland 0 10 £375 -21.05% 1
Berkshire +11 8 £375 -34.78%
West Midlands -8 6 £450 -
Stirling - 6 £375 -
Birmingham - 6 £450 -
Bracknell - 4 - -
Windsor - 4 £375 -
North West - 3 £500 - 1
Buckinghamshire +14 2 - -
Milton Keynes +3 2 - -
Surrey -7 2 £513 +184.72% 2
Cheshire - 2 £500 -
Yorkshire - 2 £475 -
Chester - 2 £500 -
Sheffield - 2 £475 -
South Yorkshire - 2 £475 -
Glasgow +8 1 £375 -21.05%
Docklands, London 0 1 £475 -24.00%
Canary Wharf 0 1 £360 -36.00%
Manchester - 1 - - 1

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 11 February 2016, 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).

1 569 (47.82%) Finance
2 542 (45.55%) Banking
3 537 (45.13%) Front Office
4 338 (28.40%) SQL
5 334 (28.07%) Java
6 326 (27.39%) Investment Banking
7 301 (25.29%) Derivative
8 261 (21.93%) Fixed Income
9 236 (19.83%) Equities
10 225 (18.91%) C#
11 222 (18.66%) Multithreading
12 208 (17.48%) Low Latency
13 205 (17.23%) C++
14 198 (16.64%) Linux
15 189 (15.88%) Unix
16 184 (15.46%) Agile Software Development
17 150 (12.61%) Electronic Trading
18 140 (11.76%) Risk Management
19 132 (11.09%) Oracle
20 123 (10.34%) Analytical Skills
21 111 (9.33%) Degree
22 109 (9.16%) Murex
23 106 (8.91%) Business Analysis
24 104 (8.74%) Algorithmic Trading
25 102 (8.57%) E-Commerce
25 102 (8.57%) Python
26 98 (8.24%) FIX Protocol
27 91 (7.65%) HTML
28 89 (7.48%) QA
29 88 (7.39%) Analytics

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 11 February 2016, 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 40 (3.36%) Oracle Coherence
2 17 (1.43%) Tomcat
3 15 (1.26%) SharePoint
4 11 (0.92%) Node.js
5 9 (0.76%) IIS
6 8 (0.67%) WebLogic
7 7 (0.59%) WebSphere
8 6 (0.50%) Apache Spark
8 6 (0.50%) JBoss
8 6 (0.50%) SharePoint 2010
9 5 (0.42%) Apache
10 4 (0.34%) Mule
10 4 (0.34%) Oracle Workflow
10 4 (0.34%) WebSphere Application Server
11 3 (0.25%) BizTalk Server
11 3 (0.25%) CMS
11 3 (0.25%) GemFire
11 3 (0.25%) MS Exchange
11 3 (0.25%) SAS
11 3 (0.25%) Sitecore CMS
Applications
1 17 (1.43%) MS Excel
2 15 (1.26%) Photoshop
3 13 (1.09%) Adobe Illustrator
4 9 (0.76%) MS Visio
5 8 (0.67%) MS PowerPoint
6 3 (0.25%) MS Office
6 3 (0.25%) MS Project
6 3 (0.25%) Spreadsheet
Business Applications
1 29 (2.44%) Front Arena
2 11 (0.92%) thinkFolio
3 8 (0.67%) Markit EDM
3 8 (0.67%) SimCorp Dimension
3 8 (0.67%) Summit
3 8 (0.67%) TradeThru
4 6 (0.50%) Endur
4 6 (0.50%) RMDS
4 6 (0.50%) SAP FI
5 4 (0.34%) HFM
5 4 (0.34%) LatentZero
5 4 (0.34%) Maximo
5 4 (0.34%) Oracle EBS
5 4 (0.34%) Oracle ERP
5 4 (0.34%) Oracle Payables
6 3 (0.25%) ION MarketView
6 3 (0.25%) Kondor
6 3 (0.25%) Loan IQ
6 3 (0.25%) SunGard Martini
6 3 (0.25%) Temenos T24
Cloud Services
1 6 (0.50%) Cloud Computing
1 6 (0.50%) Microsoft Azure
2 2 (0.17%) Office 365
3 1 (0.084%) Amazon AWS
3 1 (0.084%) Google Tag Manager
3 1 (0.084%) IaaS
3 1 (0.084%) PaaS
Communications & Networking
1 15 (1.26%) TCP/IP
2 13 (1.09%) Firewall
3 6 (0.50%) Multicast
4 3 (0.25%) LAN
4 3 (0.25%) SAN
5 2 (0.17%) DNS
5 2 (0.17%) Fibre Channel
5 2 (0.17%) HTTP
5 2 (0.17%) iSCSI
5 2 (0.17%) VPN
5 2 (0.17%) WAN
6 1 (0.084%) ATM
6 1 (0.084%) Cisco Nexus
6 1 (0.084%) DHCP
6 1 (0.084%) FCoE
6 1 (0.084%) Intranet
6 1 (0.084%) NAS
6 1 (0.084%) VoIP
6 1 (0.084%) WebEx
6 1 (0.084%) Wireless
Database & Business Intelligence
1 86 (7.23%) SQL Server
2 44 (3.70%) Relational Database
3 29 (2.44%) KDB
4 27 (2.27%) Big Data
5 24 (2.02%) Data Warehouse
5 24 (2.02%) SQL Server Integration Services
6 23 (1.93%) Hadoop
7 18 (1.51%) NoSQL
8 15 (1.26%) QlikView
8 15 (1.26%) SQL Server Reporting Services
9 13 (1.09%) Microsoft Analysis Services
10 12 (1.01%) Oracle Database
10 12 (1.01%) Pentaho
11 11 (0.92%) Data Mart
11 11 (0.92%) Data Mining
11 11 (0.92%) SQL Server Analysis Services
12 6 (0.50%) MongoDB
13 5 (0.42%) Apache Cassandra
13 5 (0.42%) Oracle Database 11g
14 3 (0.25%) Base SAS
Development Applications
1 59 (4.96%) JIRA
2 29 (2.44%) Maven
3 19 (1.60%) Subversion
4 18 (1.51%) Git (software)
5 16 (1.34%) Selenium
6 15 (1.26%) TeamCity
7 13 (1.09%) Jenkins
8 12 (1.01%) Axure RP
9 10 (0.84%) ClearCase
10 9 (0.76%) GDB
10 9 (0.76%) Grunt
10 9 (0.76%) gulp
10 9 (0.76%) HP UFT
11 8 (0.67%) ClearQuest
11 8 (0.67%) Cucumber
11 8 (0.67%) JUnit
11 8 (0.67%) Talend Open Studio
12 6 (0.50%) Mockito
13 5 (0.42%) JBehave
14 4 (0.34%) EasyMock
General
1 569 (47.82%) Finance
2 542 (45.55%) Banking
3 537 (45.13%) Front Office
4 326 (27.39%) Investment Banking
5 75 (6.30%) Back Office
6 51 (4.29%) Financial Institution
7 28 (2.35%) Retail
8 26 (2.18%) Corporate Banking
9 19 (1.60%) Legal
10 10 (0.84%) Retail Banking
11 9 (0.76%) Marketing
12 8 (0.67%) International Banking
12 8 (0.67%) Telecoms
13 6 (0.50%) Billing
13 6 (0.50%) Manufacturing
13 6 (0.50%) Spanish Language
14 3 (0.25%) Turkish Language
15 2 (0.17%) Advertising
15 2 (0.17%) French Language
15 2 (0.17%) General Ledger
Job Titles
1 529 (44.45%) Developer
2 383 (32.18%) Analyst
3 242 (20.34%) Business Analyst
4 204 (17.14%) Java Developer
5 101 (8.49%) C++ Developer
6 93 (7.82%) C# Developer
7 91 (7.65%) Senior Developer
8 73 (6.13%) Project Manager
9 68 (5.71%) Senior Java Developer
10 64 (5.38%) FX Business Analyst
11 61 (5.13%) Senior Analyst
12 54 (4.54%) Front Office Developer
13 48 (4.03%) Support Analyst
14 44 (3.70%) Banking Analyst
14 44 (3.70%) Senior Business Analyst
15 43 (3.61%) Applications Support
16 42 (3.53%) Test Analyst
17 41 (3.45%) Front Office Business Analyst
18 37 (3.11%) Murex Analyst
19 35 (2.94%) Risk Analyst
Libraries, Frameworks & Software Standards
1 98 (8.24%) FIX Protocol
2 91 (7.65%) HTML
3 75 (6.30%) .NET
4 73 (6.13%) XML
5 59 (4.96%) WPF
6 57 (4.79%) HTML5
6 57 (4.79%) Spring
7 41 (3.45%) AngularJS
8 40 (3.36%) Boost C++ Libraries
9 37 (3.11%) CSS
10 35 (2.94%) JMS
11 34 (2.86%) FpML
12 32 (2.69%) STL
13 27 (2.27%) Swing
14 26 (2.18%) J2EE
15 24 (2.02%) Hibernate
16 23 (1.93%) WinForms
17 22 (1.85%) .NET Framework
17 22 (1.85%) Middleware
17 22 (1.85%) REST
Miscellaneous
1 301 (25.29%) Derivative
2 261 (21.93%) Fixed Income
3 236 (19.83%) Equities
4 123 (10.34%) Analytical Skills
5 60 (5.04%) Market Risk
6 55 (4.62%) Equity Derivative
7 50 (4.20%) Hedge funds
8 47 (3.95%) Mathematics
9 40 (3.36%) Computer Science
9 40 (3.36%) Credit Risk
10 38 (3.19%) Grid Computing
11 30 (2.52%) Credit Derivative
11 30 (2.52%) User Experience
12 29 (2.44%) Algorithms
13 20 (1.68%) Data Structures
14 18 (1.51%) Fintech
14 18 (1.51%) Reference Data
15 15 (1.26%) Physics
15 15 (1.26%) Visualisation
16 14 (1.18%) SWIFT
Operating Systems
1 198 (16.64%) Linux
2 189 (15.88%) Unix
3 76 (6.39%) Windows
4 20 (1.68%) Solaris
5 16 (1.34%) Windows Server
6 9 (0.76%) Windows Server 2008
7 5 (0.42%) Windows Server 2003
8 4 (0.34%) Red Hat Enterprise Linux
9 3 (0.25%) Windows 7
10 2 (0.17%) Android
10 2 (0.17%) Windows XP
11 1 (0.084%) AIX
11 1 (0.084%) SUSE
11 1 (0.084%) Ubuntu
11 1 (0.084%) Windows Server 2012
Processes & Methodologies
1 222 (18.66%) Multithreading
2 208 (17.48%) Low Latency
3 184 (15.46%) Agile Software Development
4 150 (12.61%) Electronic Trading
5 140 (11.76%) Risk Management
6 106 (8.91%) Business Analysis
7 104 (8.74%) Algorithmic Trading
8 102 (8.57%) E-Commerce
9 88 (7.39%) Analytics
10 85 (7.14%) TDD
11 75 (6.30%) Stakeholder Management
12 72 (6.05%) User Acceptance Testing
13 60 (5.04%) Migration
14 59 (4.96%) Market Making
14 59 (4.96%) Project Management
15 48 (4.03%) OO
16 42 (3.53%) SDLC
17 41 (3.45%) Business Intelligence
17 41 (3.45%) Investment Management
18 40 (3.36%) Scrum
Programming Languages
1 338 (28.40%) SQL
2 334 (28.07%) Java
3 225 (18.91%) C#
4 205 (17.23%) C++
5 102 (8.57%) Python
6 76 (6.39%) JavaScript
7 72 (6.05%) Perl
8 30 (2.52%) Bash Shell
9 28 (2.35%) VBA
10 24 (2.02%) Scala
11 16 (1.34%) T-SQL
12 15 (1.26%) R
12 15 (1.26%) Shell Script
13 11 (0.92%) C
14 8 (0.67%) PowerShell
15 7 (0.59%) PL/SQL
16 6 (0.50%) Haskell
16 6 (0.50%) XAML
17 5 (0.42%) Clojure
17 5 (0.42%) PHP
Qualifications
1 111 (9.33%) Degree
2 23 (1.93%) PhD
3 7 (0.59%) ISTQB
3 7 (0.59%) Security Cleared
4 5 (0.42%) ISEB
4 5 (0.42%) ITIL Certification
4 5 (0.42%) PMI Certification
4 5 (0.42%) SC Cleared
5 2 (0.17%) CFA
5 2 (0.17%) MBA
5 2 (0.17%) PMP
6 1 (0.084%) CCIE
6 1 (0.084%) Cisco Certification
6 1 (0.084%) DV Cleared
6 1 (0.084%) HND
6 1 (0.084%) MCP
6 1 (0.084%) MCSE
6 1 (0.084%) Microsoft Certification
6 1 (0.084%) PRINCE2 Practitioner
6 1 (0.084%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 89 (7.48%) QA
2 30 (2.52%) MiFID
3 27 (2.27%) EMIR
4 24 (2.02%) Dodd-Frank
5 10 (0.84%) Data Quality
6 5 (0.42%) SLA
6 5 (0.42%) Solvency II
7 4 (0.34%) Sarbanes-Oxley
8 3 (0.25%) AIFMD
8 3 (0.25%) COBIT
8 3 (0.25%) CRD IV
9 2 (0.17%) Basel III
9 2 (0.17%) COREP
9 2 (0.17%) FATCA
9 2 (0.17%) ISO 9001
10 1 (0.084%) Basel II
10 1 (0.084%) GAAP
10 1 (0.084%) ISO20022
10 1 (0.084%) SEPA
System Software
1 6 (0.50%) VMware Infrastructure
2 5 (0.42%) Platform Symphony
3 2 (0.17%) Active Directory
3 2 (0.17%) Hyper-V
3 2 (0.17%) NFS
4 1 (0.084%) KVM
4 1 (0.084%) Oracle RAC
4 1 (0.084%) SRDF
4 1 (0.084%) Terminal Server
4 1 (0.084%) VMware ESX
4 1 (0.084%) Xen
Systems Management
1 35 (2.94%) HP Quality Center
2 25 (2.10%) ITRS Geneos
3 4 (0.34%) Control-M
3 4 (0.34%) Puppet
4 3 (0.25%) Tivoli
5 2 (0.17%) Ganglia
5 2 (0.17%) Kibana
5 2 (0.17%) logstash
5 2 (0.17%) Nagios
5 2 (0.17%) SCOM
5 2 (0.17%) Thomson Reuters DACS
5 2 (0.17%) yum
6 1 (0.084%) Backup Exec
6 1 (0.084%) HP Data Protector
6 1 (0.084%) HP SIM
6 1 (0.084%) MOM
6 1 (0.084%) Opscode Chef
Vendors
1 132 (11.09%) Oracle
2 109 (9.16%) Murex
3 71 (5.97%) Sybase
4 37 (3.11%) TIBCO
5 36 (3.03%) DataSynapse
5 36 (3.03%) Microsoft
6 30 (2.52%) Calypso
7 24 (2.02%) Adobe
8 23 (1.93%) Bloomberg
9 21 (1.76%) Reuters
9 21 (1.76%) SunGard
10 17 (1.43%) HP
11 15 (1.26%) Fidessa
11 15 (1.26%) Splunk
12 14 (1.18%) ION Trading
13 13 (1.09%) SAP
13 13 (1.09%) Tableau
14 12 (1.01%) Alteryx
14 12 (1.01%) Informatica
15 9 (0.76%) Cloudera
London
McGregor Boyall
Rate: £650 - £700 per day
Posted: 9 hours ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 10 hours ago
City, London
Lorien Resourcing
Rate: £450 - £500 per day
Posted: 12 hours ago
City, London
TEKsystems
Rate: £650 - £700 per day
Posted: Yesterday
London
Harrington Starr
Rate: £500 - £600 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £500 - £600 per day
Posted: Yesterday
London
Hatstand Limited
Rate: £450 - £550 per day
Posted: Yesterday
London
Avance Consulting
Posted: Yesterday
City, London
TEKsystems
Rate: £800 - £900 per day
Posted: Yesterday
London
Scot Lewis Associates
Rate: From £550 to £650 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 2 days ago
London
Oliver Bernard
Rate: £600 - £700 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £600 - £800 per day + excellent daily based on experience
Posted: 2 days ago
London
TEKsystems
Rate: £500 - £600 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 2 days ago
London
Montash
Rate: £400 - £500 per day + negotiable
Posted: 2 days ago
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 3 days ago
London
Hays Finance Technology
Rate: £450.00 - £500.00 per annum
Posted: 3 days ago
City, London
Deerfoot IT Resources Ltd
Rate: £600 - £650 per day
Posted: 3 days ago
London
Montash
Rate: £550 - £650 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £700 - £750 per day
Posted: 3 days ago
London
Cititec
Rate: £500 - 700 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 6 days ago
London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 6 days ago
City, London
Hays Finance Technology
Rate: £500.00 - £700.00 per day
Posted: 6 days ago
London
McGregor Boyall
Rate: £600 - £750 per day
Posted: 6 days ago
London
Scot Lewis Associates
Rate: From £500 to £700 per day (DOE)
Posted: 6 days ago
London
Networking People
Posted: 6 days ago
London
Pioneer Search
Rate: £400 - £500 per day
Posted: 6 days ago