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 27 August 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
27 Aug 2014
Same period 2013 Same period 2012
Foreign Exchange (FX)
Rank 188 114 137
Rank change year-on-year
-74 +23
Contract jobs citing Foreign Exchange (FX) 634 954 847
As % of all contract IT jobs located in the UK 1.14% 1.79% 1.44%
As % of the Miscellaneous category 4.47% 6.86% 5.76%
Number of daily rates quoted 473 750 644
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £550 £553
Average daily rate % change year-on-year
+9.09% -0.49%
90% offered a daily rate of more than £450 £425 £425
10% offered a daily rate of more than £700 £675 £688
UK excluding London average daily rate £400 £450 £431
% change year-on-year
-11.11% +4.34%
Number of hourly rates quoted 2 6 3
Average hourly rate £18.50 £49.00 £25.00
Average hourly rate % change year-on-year
-62.24% +96.00%
90% offered a hourly rate of more than £18.10 £13.00 £19.00
10% offered a hourly rate of more than £18.90 £90.00 £125.00
UK excluding London average hourly rate - £49.00 £25.00
% change year-on-year
- +96.00%

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
14168 13901 14711
As % of all contract IT jobs located in the UK 25.49% 26.05% 25.05%
Number of daily rates quoted 8470 8528 8544
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 621 614 806
Average hourly rate £19.00 £19.50 £26.00
Average hourly rate % change year-on-year
-2.56% -25.00%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £19.50 £17.69 £29.00
% change year-on-year
+10.23% -39.00%

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 27 August 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 27 August 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 -71 598 £600 +9.09% 164
London -24 583 £600 +9.09% 156
City of London -23 177 £625 +13.63% 101
Scotland -35 32 £400 -3.03% 3
Glasgow -5 19 £400 -20.00% 2
Stirling -3 11 £350 -12.50%
South East -10 7 £411 -8.66% 3
Docklands, London +13 4 £600 - 1
Canary Wharf -3 3 £575 -17.85%
South West -34 2 £290 - 1
Surrey -7 1 £300 -38.46% 2
Edinburgh -13 1 - -
Dorset - 1 £290 -
Hampshire - 1 £411 -
Bournemouth - 1 £290 -
Bristol - 1 - -
Portsmouth - 1 £411 -
Northern Ireland - 1 £258 -
East of England - - - - 2
Burgess Hill - - - - 1
Cambridge - - - - 2
Brentford - - - -
Guildford - - - -
Henley-on-Thames - - - -
Hounslow - - - -
Liverpool - - - -
Street - - - -
Weybridge - - - -
Windsor - - - -
Bedfordshire - - - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 27 August 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).

1 565 (43.93%) Front Office
2 543 (42.22%) Banking
3 473 (36.78%) Java
4 392 (30.48%) SQL
5 388 (30.17%) Finance
6 333 (25.89%) Investment Banking
7 304 (23.64%) Derivative
8 302 (23.48%) Low Latency
9 270 (21.00%) Multithreading
10 238 (18.51%) Fixed Income
11 236 (18.35%) C#
12 221 (17.19%) Oracle
13 210 (16.33%) C++
14 206 (16.02%) Linux
15 188 (14.62%) UNIX
16 179 (13.92%) Risk Management
17 163 (12.67%) E-Commerce
18 147 (11.43%) Python
19 142 (11.04%) Equities
20 122 (9.49%) OO
21 121 (9.41%) Algorithmic Trading
22 112 (8.71%) .NET
23 111 (8.63%) HTML
24 110 (8.55%) Windows
25 109 (8.48%) Back Office
26 108 (8.40%) JavaScript
27 107 (8.32%) XML
28 101 (7.85%) 29West
29 100 (7.78%) Electronic Trading
30 97 (7.54%) HTML5

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 27 August 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 52 (4.04%) Oracle Coherence
2 33 (2.57%) WebSphere
2 33 (2.57%) WebLogic
3 17 (1.32%) Confluence
4 13 (1.01%) Tomcat
5 10 (0.78%) IIS
5 10 (0.78%) TIBCO EMS
6 8 (0.62%) Apache
7 5 (0.39%) MQSeries
8 4 (0.31%) Node.js
9 3 (0.23%) Oracle Workflow
9 3 (0.23%) WebSphere Application Server
10 2 (0.16%) BizTalk Server
10 2 (0.16%) SharePoint
11 1 (0.078%) SAS
11 1 (0.078%) Oracle HTTP Server
11 1 (0.078%) PegaRULES
11 1 (0.078%) MS Project Server
11 1 (0.078%) GemFire
Applications
1 26 (2.02%) MS Excel
2 17 (1.32%) MS Office
3 13 (1.01%) Spreadsheet
4 7 (0.54%) MS PowerPoint
5 5 (0.39%) MS Visio
6 4 (0.31%) MS Project
7 1 (0.078%) Adobe Illustrator
7 1 (0.078%) OmniGraffle
Business Applications
1 43 (3.34%) RMDS
2 11 (0.86%) Markit EDM
3 7 (0.54%) Salerio
3 7 (0.54%) Summit
4 6 (0.47%) Murex MxG2000
5 3 (0.23%) Oracle EBS
5 3 (0.23%) PeopleSoft Financials
6 2 (0.16%) Oracle Cash Management
6 2 (0.16%) Bloomberg TOMS
6 2 (0.16%) SAP R/3
6 2 (0.16%) Temenos T24
6 2 (0.16%) Hyperion Planning
7 1 (0.078%) ION MarketView
7 1 (0.078%) SAP FSCM
7 1 (0.078%) SunGard GMI
7 1 (0.078%) SimCorp Dimension
7 1 (0.078%) Endur
7 1 (0.078%) Findur
7 1 (0.078%) SAP MDM
7 1 (0.078%) LatentZero
Cloud Services
1 1 (0.078%) Cloud Computing
Communications & Networking
1 46 (3.58%) Firewall
2 37 (2.88%) Multicast
3 25 (1.94%) TCP/IP
4 17 (1.32%) DNS
5 14 (1.09%) HTTP
6 8 (0.62%) Internet
6 8 (0.62%) DSL
7 5 (0.39%) NetScaler
7 5 (0.39%) Intranet
8 4 (0.31%) LAN
8 4 (0.31%) WAN
9 2 (0.16%) Ethernet
9 2 (0.16%) LDAP
9 2 (0.16%) ATM
9 2 (0.16%) Wi-Fi
9 2 (0.16%) SSH
9 2 (0.16%) SWIFTNet
10 1 (0.078%) FCoE
10 1 (0.078%) Fibre Channel
10 1 (0.078%) NAS
Database & Business Intelligence
1 84 (6.53%) Relational Database
2 48 (3.73%) SQL Server
3 44 (3.42%) KDB
4 32 (2.49%) Oracle Database
5 19 (1.48%) Big Data
5 19 (1.48%) Data Warehouse
6 16 (1.24%) Hazelcast
7 12 (0.93%) Data Mining
7 12 (0.93%) Oracle Reports
7 12 (0.93%) Oracle Database 11g
8 10 (0.78%) Oracle Database 10g
9 8 (0.62%) SAP BI
9 8 (0.62%) NoSQL
10 7 (0.54%) RDBMS
10 7 (0.54%) Data Mart
10 7 (0.54%) MongoDB
11 6 (0.47%) MS Access
11 6 (0.47%) OLAP
12 5 (0.39%) Crystal Reports
12 5 (0.39%) SQL Server 2008
Development Applications
1 43 (3.34%) JIRA
2 39 (3.03%) TeamCity
3 35 (2.72%) Grunt
4 29 (2.26%) WebDriver
5 27 (2.10%) Bower
6 22 (1.71%) Git (software)
7 19 (1.48%) Maven
8 18 (1.40%) JUnit
9 15 (1.17%) Selenium
10 13 (1.01%) Subversion
11 11 (0.86%) NUnit
12 9 (0.70%) FitNesse
12 9 (0.70%) Jenkins
13 8 (0.62%) QuickTest Pro
14 7 (0.54%) Cucumber
15 6 (0.47%) Ant
16 5 (0.39%) LoadRunner
16 5 (0.39%) Eclipse
16 5 (0.39%) CruiseControl
16 5 (0.39%) JBehave
General
1 565 (43.93%) Front Office
2 543 (42.22%) Banking
3 388 (30.17%) Finance
4 333 (25.89%) Investment Banking
5 109 (8.48%) Back Office
6 25 (1.94%) Financial Institution
7 16 (1.24%) Retail
8 14 (1.09%) Telecoms
9 11 (0.86%) Marketing
10 10 (0.78%) Games
11 9 (0.70%) General Ledger
12 8 (0.62%) Legal
13 6 (0.47%) Publishing
14 5 (0.39%) Corporate Banking
15 3 (0.23%) Retail Banking
15 3 (0.23%) Billing
15 3 (0.23%) Advertising
15 3 (0.23%) French Language
16 2 (0.16%) Wholesale Banking
16 2 (0.16%) International Banking
Job Titles
1 643 (50.00%) Developer
2 275 (21.38%) Analyst
3 236 (18.35%) Java Developer
4 182 (14.15%) Business Analyst
5 121 (9.41%) C# Developer
6 104 (8.09%) C++ Developer
7 80 (6.22%) Senior Developer
8 65 (5.05%) Applications Support
9 64 (4.98%) Project Manager
10 39 (3.03%) Architect
11 37 (2.88%) Support Analyst
11 37 (2.88%) Python Developer
12 32 (2.49%) Web Developer
13 30 (2.33%) Senior Java Developer
14 29 (2.26%) Front Office Developer
15 28 (2.18%) Development Manager
16 26 (2.02%) Quantitative Developer
17 25 (1.94%) .NET Developer
17 25 (1.94%) Applications Support Analyst
18 24 (1.87%) Consultant
Libraries, Frameworks & Software Standards
1 112 (8.71%) .NET
2 111 (8.63%) HTML
3 107 (8.32%) XML
4 97 (7.54%) HTML5
5 83 (6.45%) FIX Protocol
6 56 (4.35%) AngularJS
7 54 (4.20%) Rendezvous
8 53 (4.12%) CSS
8 53 (4.12%) WPF
9 43 (3.34%) JMS
10 42 (3.27%) XSLT
11 40 (3.11%) Spring
11 40 (3.11%) Apache Flex
12 36 (2.80%) WCF
13 35 (2.72%) Middleware
14 32 (2.49%) Boost C++ Libraries
15 31 (2.41%) Java SE
16 28 (2.18%) Java EE
17 27 (2.10%) Hibernate
17 27 (2.10%) Swing
Miscellaneous
1 304 (23.64%) Derivative
2 238 (18.51%) Fixed Income
3 142 (11.04%) Equities
4 53 (4.12%) Computer Science
5 40 (3.11%) Credit Derivative
6 38 (2.95%) Equity Derivative
7 30 (2.33%) Credit Risk
8 28 (2.18%) Interest Rate Derivative
9 27 (2.10%) Market Risk
10 24 (1.87%) Reference Data
11 22 (1.71%) Mathematics
12 19 (1.48%) RIA
12 19 (1.48%) TWAP
12 19 (1.48%) VWAP
13 16 (1.24%) Hedge funds
13 16 (1.24%) Field-Programmable Gate Array
14 13 (1.01%) Grid Computing
14 13 (1.01%) Management Information System
15 8 (0.62%) SWIFT
16 7 (0.54%) Visualisation
Operating Systems
1 206 (16.02%) Linux
2 188 (14.62%) UNIX
3 110 (8.55%) Windows
4 39 (3.03%) Red Hat Enterprise Linux
5 34 (2.64%) Solaris
6 16 (1.24%) Windows XP
7 13 (1.01%) Windows Server 2003
8 5 (0.39%) Windows 7
9 3 (0.23%) Windows Server 2008
10 1 (0.078%) SUSE
10 1 (0.078%) AIX
10 1 (0.078%) Windows 2000
10 1 (0.078%) Oracle Linux
Processes & Methodologies
1 302 (23.48%) Low Latency
2 270 (21.00%) Multithreading
3 179 (13.92%) Risk Management
4 163 (12.67%) E-Commerce
5 122 (9.49%) OO
6 121 (9.41%) Algorithmic Trading
7 100 (7.78%) Electronic Trading
8 88 (6.84%) Agile Software Development
8 88 (6.84%) Business Analysis
9 85 (6.61%) Project Management
10 69 (5.37%) Analytics
11 64 (4.98%) TDD
12 58 (4.51%) User Acceptance Testing
13 54 (4.20%) Change Management
14 53 (4.12%) Scrum
15 46 (3.58%) Workflow
15 46 (3.58%) Software Engineering
16 41 (3.19%) Data Modelling
17 39 (3.03%) Stakeholder Management
18 32 (2.49%) Performance Tuning
Programming Languages
1 473 (36.78%) Java
2 392 (30.48%) SQL
3 236 (18.35%) C#
4 210 (16.33%) C++
5 147 (11.43%) Python
6 108 (8.40%) JavaScript
7 97 (7.54%) Perl
8 23 (1.79%) Scala
9 22 (1.71%) Shell Script
10 17 (1.32%) VBA
10 17 (1.32%) C
11 16 (1.24%) PL/SQL
12 10 (0.78%) Clojure
13 9 (0.70%) C-shell
13 9 (0.70%) AWK
13 9 (0.70%) Haskell
14 7 (0.54%) Bash Shell
14 7 (0.54%) VB.NET
15 3 (0.23%) R
15 3 (0.23%) TypeScript
Qualifications
1 83 (6.45%) Degree
2 10 (0.78%) PhD
3 8 (0.62%) PMI Certification
4 6 (0.47%) ISEB
5 4 (0.31%) PMP
5 4 (0.31%) ISTQB
6 3 (0.23%) MBA
7 2 (0.16%) IIBA
7 2 (0.16%) CIMA
7 2 (0.16%) HNC
7 2 (0.16%) HND
8 1 (0.078%) PRINCE2 Certification
8 1 (0.078%) ACCA
8 1 (0.078%) CBAP
Quality Assurance & Compliance
1 54 (4.20%) EMIR
2 45 (3.50%) Dodd-Frank
3 44 (3.42%) QA
4 8 (0.62%) Data Quality
4 8 (0.62%) Basel II
5 7 (0.54%) MiFID
6 4 (0.31%) Basel III
7 3 (0.23%) AIFMD
8 2 (0.16%) COREP
8 2 (0.16%) CRD IV
9 1 (0.078%) FINREP
9 1 (0.078%) FATCA
9 1 (0.078%) ISO 9001
9 1 (0.078%) SLA
9 1 (0.078%) Sarbanes-Oxley
System Software
1 6 (0.47%) Active Directory
1 6 (0.47%) Oracle RAC
2 1 (0.078%) SRDF
2 1 (0.078%) Squid
2 1 (0.078%) NFS
Systems Management
1 27 (2.10%) ITRS Geneos
2 10 (0.78%) HP Quality Center
3 7 (0.54%) Control-M
3 7 (0.54%) Tivoli
4 6 (0.47%) Nagios
5 5 (0.39%) BMC PATROL
6 3 (0.23%) Puppet
6 3 (0.23%) Opscode Chef
7 2 (0.16%) CA LISA
7 2 (0.16%) WMI
7 2 (0.16%) Salt
8 1 (0.078%) ServiceCenter
8 1 (0.078%) SCCM
Vendors
1 221 (17.19%) Oracle
2 101 (7.85%) 29West
3 74 (5.75%) TIBCO
4 48 (3.73%) Reuters
5 44 (3.42%) Murex
6 43 (3.34%) Sybase
7 42 (3.27%) Adobe
8 39 (3.03%) Red Hat
9 37 (2.88%) Microsoft
10 24 (1.87%) eSpeed
10 24 (1.87%) MarketAxess
11 19 (1.48%) Bloomberg
12 16 (1.24%) IBM
13 15 (1.17%) Informatica
14 14 (1.09%) JBoss
15 13 (1.01%) SAP
15 13 (1.01%) Calypso
15 13 (1.01%) Charles River
16 10 (0.78%) Tradeweb
17 8 (0.62%) Fiserv
City, London
Aston Carter
Rate: £750 - £850 per day
Posted: 6 hours ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 7 hours ago
City, London
Hays Finance Technology
Rate: £550 - £700 per day + Excellent & Neg
Posted: 7 hours ago
City, London
Hays Finance Technology
Rate: £700.00 - £750.00 per day
Posted: 11 hours ago
London
Cititec
Rate: £400 - 500 per day
Posted: 14 hours ago
City, London
Harrington Starr
Rate: £650 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £600 - £700 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £650 - £720 per day
Posted: Yesterday
London
Aston Carter
Rate: £600 - £650 per day
Posted: Yesterday
London
Aston Carter
Rate: £500 - £550 per day
Posted: 5 days ago
City, London
Aston Carter
Rate: £450 - £550 per day
Posted: 5 days ago
City, London
Joseph Harry Ltd
Posted: 5 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 6 days ago
City, London
Aston Carter
Rate: £500 - £600 per annum
Posted: 6 days ago
City, London
Harrington Starr
Rate: £700 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £500 per day
Posted: 6 days ago
London
Cititec
Rate: £350 - 500 per day
Posted: 6 days ago
London
Cititec
Rate: £350 - 500 per day
Posted: 6 days ago
City, London
Client Server
Rate: £500 - £550 per day
Posted: 6 days ago