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 24 October 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
24 Oct 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 179 140 128
Rank change year-on-year
-39 -12
Contract jobs citing Foreign Exchange (FX) 718 796 867
As % of all contract IT jobs located in the UK 1.23% 1.52% 1.59%
As % of the Miscellaneous category 4.01% 4.79% 5.24%
Number of daily rates quoted 567 627 685
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£575 £575 £575
90% offered a daily rate of more than £450 £450 £425
10% offered a daily rate of more than £700 £700 £700
UK excluding London average daily rate £400 £450 £245
% change year-on-year
-11.11% +83.67%
Number of hourly rates quoted 2 3 0
Average hourly rate £22.75 £90.00 -
Average hourly rate % change year-on-year
-74.72% -
UK excluding London average hourly rate - £90.00 -

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
17915 16605 16550
As % of all contract IT jobs located in the UK 30.69% 31.66% 30.38%
Number of daily rates quoted 11249 10379 9689
Average daily rate £413 £410 £413
Average daily rate % change year-on-year
+0.60% -0.60%
90% offered a daily rate of more than £240 £240 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £351 £350 £350
% change year-on-year
+0.30% -
Number of hourly rates quoted 727 675 807
Average hourly rate £17.00 £18.02 £21.43
Average hourly rate % change year-on-year
-5.63% -15.91%
90% offered a hourly rate of more than £11.00 £12.00 £12.00
10% offered a hourly rate of more than £42.50 £40.00 £45.00
UK excluding London average hourly rate £17.50 £18.00 £21.00
% change year-on-year
-2.77% -14.28%

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 24 October 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 24 October 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 -29 682 £588 +2.17% 153
London -11 670 £590 +2.60% 145
City of London -16 194 £600 +4.34% 42
Scotland +1 22 £408 +1.87% 3
Stirling +8 15 - -
County Antrim - 12 £388 - 2
Belfast - 12 £388 - 2
Northern Ireland - 12 £388 - 2
Docklands, London +14 9 £544 -5.43%
South East -18 6 £475 +35.71% 3
Berkshire +13 5 - - 1
Canary Wharf -1 5 £575 -14.81%
Glasgow -6 5 £400 -20.00% 3
Yorkshire - 3 - - 1
Bournemouth +2 1 £290 -42.00% 2
Dorset -1 1 £290 -42.00% 2
South West -34 1 £290 -42.00% 2
North West - 1 £275 - 1
Cambridgeshire - - - -
Tyne and Wear - - - -
West Midlands - - - - 1
Nottinghamshire - - - -
Somerset - - - -
South Yorkshire - - - -
Surrey - - - -
East Midlands - - - -
Merseyside - - - -
North East - - - -
Brentford - - - -
Cambridge - - - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 24 October 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).

1 614 (45.92%) Front Office
2 561 (41.96%) Banking
3 535 (40.01%) Java
4 409 (30.59%) Finance
5 391 (29.24%) SQL
6 364 (27.23%) Multithreading
7 360 (26.93%) Investment Banking
8 353 (26.40%) Low Latency
9 283 (21.17%) Agile Software Development
10 281 (21.02%) Derivative
11 245 (18.32%) C++
12 237 (17.73%) C#
13 229 (17.13%) Fixed Income
14 194 (14.51%) Oracle
15 192 (14.36%) Linux
16 184 (13.76%) UNIX
17 176 (13.16%) Algorithmic Trading
18 162 (12.12%) E-Commerce
19 160 (11.97%) Risk Management
20 157 (11.74%) Analytical Skills
21 140 (10.47%) OO
22 136 (10.17%) Equities
23 132 (9.87%) Python
24 125 (9.35%) HTML
25 120 (8.98%) JavaScript
26 110 (8.23%) HTML5
27 106 (7.93%) Windows
28 104 (7.78%) XML
29 103 (7.70%) Relational Database
30 97 (7.26%) .NET

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 24 October 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 36 (2.69%) WebLogic
1 36 (2.69%) Oracle Coherence
2 34 (2.54%) WebSphere
3 20 (1.50%) Confluence
4 12 (0.90%) Tomcat
5 10 (0.75%) JBoss
5 10 (0.75%) TIBCO EMS
6 9 (0.67%) IIS
7 6 (0.45%) Node.js
8 5 (0.37%) Apache
9 4 (0.30%) MQSeries
10 3 (0.22%) SharePoint
11 2 (0.15%) Oracle Workflow
12 1 (0.075%) PegaRULES
12 1 (0.075%) MS Project Server
12 1 (0.075%) Jetty
12 1 (0.075%) Oracle HTTP Server
12 1 (0.075%) BizTalk Server
12 1 (0.075%) CMS
12 1 (0.075%) WebSphere Application Server
Applications
1 30 (2.24%) MS Excel
2 17 (1.27%) MS Office
3 13 (0.97%) Spreadsheet
4 7 (0.52%) MS PowerPoint
5 3 (0.22%) MS Visio
6 2 (0.15%) MS Project
7 1 (0.075%) Adobe Illustrator
7 1 (0.075%) OmniGraffle
Business Applications
1 25 (1.87%) RMDS
2 8 (0.60%) Murex MxG2000
2 8 (0.60%) Markit EDM
3 5 (0.37%) Oracle EBS
4 4 (0.30%) ION MarketView
4 4 (0.30%) Salerio
5 2 (0.15%) PeopleSoft Financials
5 2 (0.15%) Hyperion Planning
5 2 (0.15%) SAP R/3
5 2 (0.15%) Bloomberg TOMS
5 2 (0.15%) Oracle Assets
6 1 (0.075%) Findur
6 1 (0.075%) SimCorp Dimension
6 1 (0.075%) Global One
6 1 (0.075%) SAP MDM
6 1 (0.075%) Summit
6 1 (0.075%) Tesseract
6 1 (0.075%) Minerva
6 1 (0.075%) Sentinel
6 1 (0.075%) Dynamics CRM
Communications & Networking
1 39 (2.92%) Firewall
2 33 (2.47%) Multicast
3 27 (2.02%) TCP/IP
4 14 (1.05%) DNS
5 13 (0.97%) HTTP
6 6 (0.45%) Internet
7 5 (0.37%) NetScaler
8 4 (0.30%) ATM
8 4 (0.30%) LAN
8 4 (0.30%) WAN
9 3 (0.22%) Wi-Fi
10 2 (0.15%) SSH
10 2 (0.15%) Ethernet
10 2 (0.15%) LDAP
10 2 (0.15%) Intranet
10 2 (0.15%) SWIFTNet
11 1 (0.075%) FCoE
11 1 (0.075%) Fibre Channel
11 1 (0.075%) VPN
11 1 (0.075%) VoIP
Database & Business Intelligence
1 103 (7.70%) Relational Database
2 72 (5.39%) SQL Server
3 41 (3.07%) KDB
4 22 (1.65%) Big Data
5 17 (1.27%) Oracle Database
6 15 (1.12%) MongoDB
7 14 (1.05%) Data Mining
7 14 (1.05%) NoSQL
8 13 (0.97%) SQL Server Reporting Services
9 12 (0.90%) Hazelcast
10 10 (0.75%) Apache Cassandra
10 10 (0.75%) Data Warehouse
11 8 (0.60%) SQL Server Integration Services
12 7 (0.52%) Oracle Database 11g
12 7 (0.52%) Hadoop
12 7 (0.52%) HBase
13 6 (0.45%) MS Access
13 6 (0.45%) OLAP
13 6 (0.45%) SAP BI
13 6 (0.45%) RDBMS
Development Applications
1 47 (3.52%) JIRA
2 45 (3.37%) TeamCity
3 43 (3.22%) Grunt
4 38 (2.84%) WebDriver
5 34 (2.54%) Bower
6 25 (1.87%) Maven
7 23 (1.72%) Git (software)
8 22 (1.65%) JUnit
9 16 (1.20%) Selenium
10 15 (1.12%) Subversion
11 11 (0.82%) Ant
11 11 (0.82%) NUnit
12 9 (0.67%) QuickTest Pro
12 9 (0.67%) Jenkins
13 8 (0.60%) FitNesse
14 7 (0.52%) CruiseControl
14 7 (0.52%) Cucumber
15 6 (0.45%) Mockito
15 6 (0.45%) Visual Studio
15 6 (0.45%) ClearCase
General
1 614 (45.92%) Front Office
2 561 (41.96%) Banking
3 409 (30.59%) Finance
4 360 (26.93%) Investment Banking
5 74 (5.53%) Back Office
6 31 (2.32%) Financial Institution
7 18 (1.35%) Retail
8 13 (0.97%) Telecoms
9 9 (0.67%) Legal
9 9 (0.67%) Marketing
10 7 (0.52%) Games
11 6 (0.45%) General Ledger
12 5 (0.37%) Retail Banking
12 5 (0.37%) Corporate Banking
12 5 (0.37%) French Language
13 3 (0.22%) Wholesale Banking
14 2 (0.15%) International Banking
14 2 (0.15%) Advertising
14 2 (0.15%) Italian Language
15 1 (0.075%) German Language
Job Titles
1 720 (53.85%) Developer
2 275 (20.57%) Java Developer
3 259 (19.37%) Analyst
4 165 (12.34%) Business Analyst
5 128 (9.57%) C# Developer
6 123 (9.20%) C++ Developer
7 108 (8.08%) Senior Developer
8 59 (4.41%) Applications Support
9 58 (4.34%) Project Manager
10 48 (3.59%) Architect
11 45 (3.37%) Python Developer
12 43 (3.22%) Senior Java Developer
13 38 (2.84%) JavaScript Developer
14 35 (2.62%) Support Analyst
15 31 (2.32%) Web Developer
16 30 (2.24%) Front Office Developer
17 26 (1.94%) WPF Developer
18 23 (1.72%) C++/C# Developer
19 22 (1.65%) Senior Analyst
19 22 (1.65%) .NET Developer
Libraries, Frameworks & Software Standards
1 125 (9.35%) HTML
2 110 (8.23%) HTML5
3 104 (7.78%) XML
4 97 (7.26%) .NET
5 78 (5.83%) FIX Protocol
6 70 (5.24%) AngularJS
7 62 (4.64%) CSS
8 57 (4.26%) Middleware
9 56 (4.19%) WPF
10 54 (4.04%) Rendezvous
11 49 (3.66%) Spring
11 49 (3.66%) Boost C++ Libraries
12 47 (3.52%) JMS
12 47 (3.52%) STL
13 38 (2.84%) XSLT
13 38 (2.84%) FpML
14 36 (2.69%) Apache Flex
15 33 (2.47%) Java EE
16 30 (2.24%) Hibernate
17 29 (2.17%) WCF
Miscellaneous
1 281 (21.02%) Derivative
2 229 (17.13%) Fixed Income
3 157 (11.74%) Analytical Skills
4 136 (10.17%) Equities
5 53 (3.96%) User Experience
6 52 (3.89%) Computer Science
7 46 (3.44%) Algorithms
8 41 (3.07%) Credit Derivative
9 33 (2.47%) Equity Derivative
10 31 (2.32%) Mathematics
11 30 (2.24%) VWAP
11 30 (2.24%) TWAP
12 29 (2.17%) Market Risk
13 27 (2.02%) Interest Rate Derivative
14 25 (1.87%) RIA
15 24 (1.80%) Field-Programmable Gate Array
16 23 (1.72%) Reference Data
17 22 (1.65%) Credit Risk
17 22 (1.65%) Hedge funds
18 21 (1.57%) Data Structures
Operating Systems
1 192 (14.36%) Linux
2 184 (13.76%) UNIX
3 106 (7.93%) Windows
4 27 (2.02%) Red Hat Enterprise Linux
5 20 (1.50%) Solaris
6 9 (0.67%) Windows XP
7 7 (0.52%) Windows Server 2003
8 2 (0.15%) Windows Server 2008
8 2 (0.15%) Windows 7
9 1 (0.075%) Oracle Linux
9 1 (0.075%) SUSE
9 1 (0.075%) AIX
9 1 (0.075%) Windows 2000
Processes & Methodologies
1 364 (27.23%) Multithreading
2 353 (26.40%) Low Latency
3 283 (21.17%) Agile Software Development
4 176 (13.16%) Algorithmic Trading
5 162 (12.12%) E-Commerce
6 160 (11.97%) Risk Management
7 140 (10.47%) OO
8 93 (6.96%) Electronic Trading
9 87 (6.51%) Business Analysis
10 79 (5.91%) TDD
11 74 (5.53%) Project Management
12 73 (5.46%) User Acceptance Testing
13 57 (4.26%) Scrum
14 50 (3.74%) Analytics
15 47 (3.52%) Performance Tuning
16 44 (3.29%) Workflow
17 43 (3.22%) Software Engineering
18 39 (2.92%) Migration
19 38 (2.84%) Change Management
20 36 (2.69%) Stakeholder Management
Programming Languages
1 535 (40.01%) Java
2 391 (29.24%) SQL
3 245 (18.32%) C++
4 237 (17.73%) C#
5 132 (9.87%) Python
6 120 (8.98%) JavaScript
7 82 (6.13%) Perl
8 22 (1.65%) Shell Script
9 18 (1.35%) VBA
9 18 (1.35%) Scala
10 17 (1.27%) PL/SQL
11 15 (1.12%) C
12 11 (0.82%) Bash Shell
13 8 (0.60%) VB
14 7 (0.52%) Clojure
15 6 (0.45%) C-shell
15 6 (0.45%) Haskell
15 6 (0.45%) AWK
15 6 (0.45%) T-SQL
15 6 (0.45%) PowerShell
Qualifications
1 93 (6.96%) Degree
2 8 (0.60%) ISEB
3 7 (0.52%) PhD
4 2 (0.15%) ISTQB
4 2 (0.15%) HNC
4 2 (0.15%) HND
4 2 (0.15%) PMI Certification
5 1 (0.075%) CIMA
5 1 (0.075%) ISEB Practitioner
5 1 (0.075%) CFA
5 1 (0.075%) IIBA
Quality Assurance & Compliance
1 39 (2.92%) QA
2 30 (2.24%) EMIR
3 21 (1.57%) Dodd-Frank
4 10 (0.75%) Basel II
5 8 (0.60%) Data Quality
6 6 (0.45%) MiFID
7 3 (0.22%) CRD IV
7 3 (0.22%) AIFMD
8 2 (0.15%) Basel III
9 1 (0.075%) ISO 9001
9 1 (0.075%) SLA
9 1 (0.075%) Sarbanes-Oxley
System Software
1 6 (0.45%) Oracle RAC
2 2 (0.15%) Active Directory
3 1 (0.075%) Squid
3 1 (0.075%) SRDF
3 1 (0.075%) NFS
Systems Management
1 21 (1.57%) ITRS Geneos
2 16 (1.20%) HP Quality Center
3 6 (0.45%) Control-M
3 6 (0.45%) Nagios
3 6 (0.45%) Tivoli
4 5 (0.37%) BMC PATROL
5 2 (0.15%) Salt
5 2 (0.15%) WMI
5 2 (0.15%) Puppet
5 2 (0.15%) Opscode Chef
5 2 (0.15%) CA LISA
6 1 (0.075%) ServiceCenter
6 1 (0.075%) SCCM
Vendors
1 194 (14.51%) Oracle
2 79 (5.91%) 29West
3 78 (5.83%) TIBCO
4 68 (5.09%) Murex
5 44 (3.29%) Sybase
6 40 (2.99%) Reuters
7 37 (2.77%) Microsoft
8 36 (2.69%) Adobe
9 27 (2.02%) Red Hat
10 20 (1.50%) Informatica
11 18 (1.35%) eSpeed
11 18 (1.35%) MarketAxess
12 17 (1.27%) Bloomberg
13 15 (1.12%) SAP
13 15 (1.12%) IBM
14 11 (0.82%) Charles River
15 10 (0.75%) Tradeweb
15 10 (0.75%) Splunk
16 8 (0.60%) ION Trading
16 8 (0.60%) HP
London
Hays Finance Technology
Rate: £400.00 - £700.00 per day
Posted: 15 hours ago
London
McGregor Boyall
Rate: £80000 - £110000 per annum + or £600pd
Posted: 16 hours ago
London
iKonnect
Rate: £600 - £650 per day
Posted: 17 hours ago
London
Huxley Associates
Rate: £600 - £700 per day
Posted: 18 hours ago
London
iKonnect
Rate: £600 - £650 per day
Posted: 21 hours ago
London
Huxley Associates
Rate: £400 - £500 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £600 - £700 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £450 per day
Posted: 2 days ago
City, London
TEKsystems
Rate: £750 - £950 per day
Posted: 2 days ago
Belfast, County Antrim
McGregor Boyall
Rate: £250 - £300 per day
Posted: 2 days ago
City of London
Real Staffing
Rate: £750 - £900 per day
Posted: 2 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 3 days ago
London
TEKsystems
Rate: £650 - £720 per day
Posted: 3 days ago
City of London
Huxley Associates
Rate: £500 - £585 per day + competitive
Posted: 3 days ago
London
TEKsystems
Rate: £650.00 - £750.00 per day
Posted: 3 days ago
City, London
Montash
Rate: £500 - £600 per day
Posted: 4 days ago
London
TEKsystems
Rate: £600 - £700 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £600 - £650 per day
Posted: 4 days ago
London
TEKsystems
Rate: £550 - £600 per annum
Posted: 4 days ago
Belfast, County Antrim
Harvey Nash plc
Rate: £300 per day + (Potential for perm)
Posted: 4 days ago