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 2 September 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
2 Sep 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 239 190 119
Rank change year-on-year
-49 -71
Contract jobs citing Foreign Exchange (FX) 559 648 948
As % of all contract IT jobs located in the UK 0.94% 1.15% 1.78%
As % of the Miscellaneous category 2.94% 3.55% 5.42%
Number of daily rates quoted 427 489 750
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£588 £600 £550
Average daily rate % change year-on-year
-2.08% +9.09%
90% offered a daily rate of more than £425 £450 £425
10% offered a daily rate of more than £725 £700 £675
UK excluding London average daily rate £650 £400 £450
% change year-on-year
+62.50% -11.11%
Number of hourly rates quoted 1 2 6
Average hourly rate £16.50 £18.50 £49.00
Average hourly rate % change year-on-year
-10.81% -62.24%
UK excluding London average hourly rate £16.50 - £49.00

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
19009 18274 17504
As % of all contract IT jobs located in the UK 32.08% 32.32% 32.78%
Number of daily rates quoted 11951 10994 10589
Average daily rate £425 £400 £420
Average daily rate % change year-on-year
+6.25% -4.76%
90% offered a daily rate of more than £250 £240 £250
10% offered a daily rate of more than £620 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 734 759 718
Average hourly rate £21.35 £20.00 £18.50
Average hourly rate % change year-on-year
+6.75% +8.10%
90% offered a hourly rate of more than £12.00 £12.48 £12.00
10% offered a hourly rate of more than £45.00 £45.00 £42.70
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +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 2 September 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 26 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 2 September 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 -45 544 £600 - 148
London -15 530 £581 -3.12% 142
City of London -5 160 £600 -4.00% 65
Scotland -28 10 £425 +6.25% 3
Canary Wharf -3 8 £525 -8.69%
South East -21 6 £650 +58.15% 2
North West - 6 £450 - 1
Liverpool - 6 £450 -
Merseyside - 6 £450 -
Cambridge - 4 £650 -
Reading - 4 £650 -
East of England - 4 £650 -
Berkshire - 4 £650 - 2
Cambridgeshire - 4 £650 -
Hampshire +8 3 £650 +58.15%
Milton Keynes -7 3 £650 +116.66%
Edinburgh -8 3 £406 - 3
Buckinghamshire -9 3 £650 +116.66%
Coventry - 3 £650 -
West Midlands - 3 £650 - 1
Southampton - 3 £650 -
Stirling 0 2 - -
Docklands, London -7 2 £593 +7.72%
Surrey -8 1 £513 +70.83%
Henley-on-Thames - 1 - -
Oxfordshire - 1 - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 2 September 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).

1 434 (42.10%) Banking
2 427 (41.42%) Finance
3 389 (37.73%) Front Office
4 306 (29.68%) Investment Banking
5 305 (29.58%) Java
6 301 (29.19%) SQL
7 259 (25.12%) Multithreading
8 251 (24.35%) C++
9 245 (23.76%) Derivative
10 241 (23.38%) Fixed Income
10 241 (23.38%) Low Latency
11 227 (22.02%) Equities
11 227 (22.02%) C#
12 224 (21.73%) Agile Software Development
13 187 (18.14%) Linux
14 142 (13.77%) UNIX
15 126 (12.22%) E-Commerce
16 124 (12.03%) Risk Management
17 120 (11.64%) Oracle
18 113 (10.96%) Analytical Skills
19 103 (9.99%) Algorithmic Trading
20 95 (9.21%) FIX Protocol
21 93 (9.02%) .NET
22 91 (8.83%) Business Analysis
23 90 (8.73%) WPF
24 89 (8.63%) Windows
25 85 (8.24%) Project Management
26 79 (7.66%) Degree
27 78 (7.57%) SDLC
27 78 (7.57%) User Acceptance Testing

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 2 September 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 22 (2.13%) Oracle Coherence
2 16 (1.55%) WebSphere
3 13 (1.26%) Tomcat
4 10 (0.97%) SharePoint
4 10 (0.97%) WebLogic
5 8 (0.78%) Apache
6 7 (0.68%) Oracle Workflow
7 6 (0.58%) IIS
8 5 (0.48%) Oracle HTTP Server
9 4 (0.39%) SharePoint 2010
9 4 (0.39%) JBoss
9 4 (0.39%) WebSphere Application Server
9 4 (0.39%) MQSeries
10 3 (0.29%) BizTalk Server
11 2 (0.19%) Confluence
11 2 (0.19%) SAS
11 2 (0.19%) GemFire
11 2 (0.19%) Apache Spark
12 1 (0.097%) IPython
12 1 (0.097%) Apache ServiceMix
Applications
1 38 (3.69%) MS Excel
2 14 (1.36%) MS Visio
3 9 (0.87%) MS Project
4 8 (0.78%) MS PowerPoint
5 6 (0.58%) MS Office
6 1 (0.097%) Spreadsheet
Business Applications
1 15 (1.45%) ION MarketView
2 12 (1.16%) thinkFolio
3 10 (0.97%) SimCorp Dimension
3 10 (0.97%) LatentZero
4 9 (0.87%) RMDS
5 6 (0.58%) Summit
6 5 (0.48%) SAP FI
6 5 (0.48%) Markit EDM
7 4 (0.39%) Maximo
8 3 (0.29%) Global One
9 2 (0.19%) Oracle General Ledger
9 2 (0.19%) Dynamics AX
9 2 (0.19%) Kondor+
10 1 (0.097%) Dynamics CRM
10 1 (0.097%) Temenos T24
10 1 (0.097%) CODA-Financials
10 1 (0.097%) SAP FI/CO
10 1 (0.097%) SAP CO
10 1 (0.097%) Adaptiv
10 1 (0.097%) Finacle
Cloud Services
1 4 (0.39%) Cloud Computing
1 4 (0.39%) Microsoft Azure
2 2 (0.19%) SaaS
2 2 (0.19%) PaaS
2 2 (0.19%) IaaS
Communications & Networking
1 27 (2.62%) Multicast
2 19 (1.84%) Firewall
3 8 (0.78%) TCP/IP
4 7 (0.68%) HTTP
5 6 (0.58%) LAN
6 5 (0.48%) WAN
7 4 (0.39%) SAN
7 4 (0.39%) iSCSI
7 4 (0.39%) NAS
7 4 (0.39%) FCoE
7 4 (0.39%) Fibre Channel
8 3 (0.29%) Internet
9 1 (0.097%) OSPF
9 1 (0.097%) BGP
9 1 (0.097%) Intranet
9 1 (0.097%) ATM
9 1 (0.097%) Cisco Nexus
9 1 (0.097%) SWIFTNet
9 1 (0.097%) VLAN
Database & Business Intelligence
1 68 (6.60%) SQL Server
2 34 (3.30%) KDB
3 32 (3.10%) Data Warehouse
4 30 (2.91%) Relational Database
5 20 (1.94%) Oracle Database
6 19 (1.84%) Big Data
7 17 (1.65%) Hadoop
8 12 (1.16%) BusinessObjects
9 11 (1.07%) OLAP
10 10 (0.97%) Data Mining
10 10 (0.97%) SQL Server Integration Services
11 9 (0.87%) SQL Server Analysis Services
12 8 (0.78%) HBase
12 8 (0.78%) SQL Server Reporting Services
13 7 (0.68%) Hazelcast
13 7 (0.68%) Oracle Database 11g
13 7 (0.68%) SQL Server 2008
14 6 (0.58%) MS Access
15 5 (0.48%) RDBMS
15 5 (0.48%) Oracle Reports
Development Applications
1 36 (3.49%) JIRA
2 15 (1.45%) Maven
3 14 (1.36%) NUnit
3 14 (1.36%) TeamCity
4 13 (1.26%) Subversion
5 12 (1.16%) Selenium
5 12 (1.16%) JUnit
6 11 (1.07%) ClearCase
7 9 (0.87%) FitNesse
8 8 (0.78%) Git (software)
8 8 (0.78%) Moq
8 8 (0.78%) Cucumber
9 7 (0.68%) SpecFlow
10 6 (0.58%) Visual Studio
11 5 (0.48%) Eclipse
11 5 (0.48%) Grunt
12 4 (0.39%) JBehave
13 3 (0.29%) WebDriver
13 3 (0.29%) Team Foundation Server
13 3 (0.29%) EasyMock
General
1 434 (42.10%) Banking
2 427 (41.42%) Finance
3 389 (37.73%) Front Office
4 306 (29.68%) Investment Banking
5 66 (6.40%) Back Office
6 32 (3.10%) Financial Institution
7 17 (1.65%) General Ledger
8 15 (1.45%) Retail
8 15 (1.45%) Legal
9 11 (1.07%) Corporate Banking
10 10 (0.97%) Advertising
11 6 (0.58%) Marketing
11 6 (0.58%) Retail Banking
12 5 (0.48%) Spanish Language
13 4 (0.39%) Turkish Language
13 4 (0.39%) Polish Language
13 4 (0.39%) Wholesale Banking
14 3 (0.29%) Telecoms
15 2 (0.19%) Games
15 2 (0.19%) Law
Job Titles
1 547 (53.06%) Developer
2 294 (28.52%) Analyst
3 192 (18.62%) Business Analyst
4 173 (16.78%) Java Developer
4 173 (16.78%) C++ Developer
5 119 (11.54%) C# Developer
6 105 (10.18%) Senior Developer
7 54 (5.24%) Project Manager
8 42 (4.07%) Support Analyst
9 41 (3.98%) Senior Java Developer
10 38 (3.69%) Senior Analyst
11 37 (3.59%) C++/C# Developer
12 36 (3.49%) Applications Support
13 29 (2.81%) Senior C# Developer
14 28 (2.72%) Senior Business Analyst
15 25 (2.42%) WPF Developer
16 21 (2.04%) Senior C++ Developer
17 19 (1.84%) Front Office Developer
18 18 (1.75%) Architect
18 18 (1.75%) Java Swing Developer
Libraries, Frameworks & Software Standards
1 95 (9.21%) FIX Protocol
2 93 (9.02%) .NET
3 90 (8.73%) WPF
4 69 (6.69%) Boost C++ Libraries
5 63 (6.11%) STL
6 60 (5.82%) HTML
7 56 (5.43%) XML
8 49 (4.75%) Middleware
9 43 (4.17%) HTML5
10 41 (3.98%) WCF
11 34 (3.30%) Swing
12 33 (3.20%) Web Services
13 31 (3.01%) Spring
14 26 (2.52%) Reactive Extensions
15 23 (2.23%) CSS
16 22 (2.13%) JMS
17 19 (1.84%) FpML
17 19 (1.84%) WinForms
18 18 (1.75%) Rendezvous
18 18 (1.75%) J2SE
Miscellaneous
1 245 (23.76%) Derivative
2 241 (23.38%) Fixed Income
3 227 (22.02%) Equities
4 113 (10.96%) Analytical Skills
5 56 (5.43%) Algorithms
6 42 (4.07%) Computer Science
7 29 (2.81%) Mathematics
8 25 (2.42%) Market Risk
9 22 (2.13%) Credit Derivative
9 22 (2.13%) Data Structures
10 21 (2.04%) Reference Data
11 20 (1.94%) User Experience
12 19 (1.84%) Interest Rate Derivative
13 18 (1.75%) Equity Derivative
13 18 (1.75%) Credit Risk
14 15 (1.45%) Physics
15 14 (1.36%) Grid Computing
16 13 (1.26%) Contract for Difference
17 12 (1.16%) SWIFT
18 11 (1.07%) Hedge funds
Operating Systems
1 187 (18.14%) Linux
2 142 (13.77%) UNIX
3 89 (8.63%) Windows
4 31 (3.01%) Solaris
5 10 (0.97%) Red Hat Enterprise Linux
6 3 (0.29%) Windows Server 2008
6 3 (0.29%) Windows Server 2003
7 1 (0.097%) SUSE
7 1 (0.097%) AIX
7 1 (0.097%) VMS
Processes & Methodologies
1 259 (25.12%) Multithreading
2 241 (23.38%) Low Latency
3 224 (21.73%) Agile Software Development
4 126 (12.22%) E-Commerce
5 124 (12.03%) Risk Management
6 103 (9.99%) Algorithmic Trading
7 91 (8.83%) Business Analysis
8 85 (8.24%) Project Management
9 78 (7.57%) User Acceptance Testing
9 78 (7.57%) SDLC
10 73 (7.08%) Electronic Trading
11 61 (5.92%) TDD
12 55 (5.33%) OO
13 53 (5.14%) Stakeholder Management
14 50 (4.85%) Scrum
15 43 (4.17%) Analytics
16 41 (3.98%) Workflow
17 38 (3.69%) Asset Management
17 38 (3.69%) Data Analysis
17 38 (3.69%) Software Engineering
Programming Languages
1 305 (29.58%) Java
2 301 (29.19%) SQL
3 251 (24.35%) C++
4 227 (22.02%) C#
5 63 (6.11%) Python
6 59 (5.72%) Perl
7 47 (4.56%) JavaScript
8 26 (2.52%) VBA
9 22 (2.13%) Shell Script
10 21 (2.04%) T-SQL
11 18 (1.75%) C
12 14 (1.36%) PowerShell
12 14 (1.36%) Bash Shell
13 9 (0.87%) Scala
13 9 (0.87%) XAML
14 7 (0.68%) PL/SQL
15 5 (0.48%) MATLAB
16 4 (0.39%) VB.NET
17 3 (0.29%) Korn
17 3 (0.29%) VB
Qualifications
1 79 (7.66%) Degree
2 20 (1.94%) ISEB
3 9 (0.87%) PhD
4 7 (0.68%) ISTQB
5 5 (0.48%) IIBA
5 5 (0.48%) CBAP
5 5 (0.48%) CISSP
5 5 (0.48%) PMP
5 5 (0.48%) PMI Certification
5 5 (0.48%) CISA
5 5 (0.48%) CISM
5 5 (0.48%) CFA
6 4 (0.39%) ISTQB Foundation Certification
7 2 (0.19%) ISEB Practitioner
8 1 (0.097%) Cisco Certification
8 1 (0.097%) PRINCE2 Certification
8 1 (0.097%) A+ Certification
8 1 (0.097%) CAPM
8 1 (0.097%) CCNP
Quality Assurance & Compliance
1 47 (4.56%) QA
1 47 (4.56%) EMIR
2 29 (2.81%) Dodd-Frank
3 28 (2.72%) MiFID
4 8 (0.78%) CRD IV
5 7 (0.68%) COREP
5 7 (0.68%) Basel III
6 6 (0.58%) Solvency II
7 5 (0.48%) AIFMD
8 4 (0.39%) FATCA
9 3 (0.29%) Data Quality
10 2 (0.19%) ISO 9001
10 2 (0.19%) Sarbanes-Oxley
11 1 (0.097%) Basel II
11 1 (0.097%) GAAP
11 1 (0.097%) UCITS
System Software
1 5 (0.48%) Active Directory
1 5 (0.48%) Oracle RAC
1 5 (0.48%) VMware Infrastructure
2 4 (0.39%) Hyper-V
2 4 (0.39%) SRDF
2 4 (0.39%) NFS
2 4 (0.39%) Xen
2 4 (0.39%) KVM
2 4 (0.39%) HDFS
3 3 (0.29%) Apache Flume
4 2 (0.19%) GridGain
5 1 (0.097%) VMware ESX
Systems Management
1 21 (2.04%) HP Quality Center
2 14 (1.36%) Control-M
3 9 (0.87%) ITRS Geneos
4 5 (0.48%) SCOM
5 3 (0.29%) Tivoli
5 3 (0.29%) Oozie
6 2 (0.19%) MOM
7 1 (0.097%) BMC PATROL
7 1 (0.097%) SolarWinds Orion
7 1 (0.097%) Cisco LMS
Vendors
1 120 (11.64%) Oracle
2 43 (4.17%) Sybase
3 41 (3.98%) TIBCO
4 40 (3.88%) Microsoft
5 31 (3.01%) Murex
6 18 (1.75%) ION Trading
7 17 (1.65%) Solace
7 17 (1.65%) Bloomberg
8 16 (1.55%) IBM
9 12 (1.16%) SAP
9 12 (1.16%) HP
9 12 (1.16%) Reuters
9 12 (1.16%) Currenex
10 11 (1.07%) Talarian
11 10 (0.97%) SimCorp
11 10 (0.97%) DataSynapse
11 10 (0.97%) Red Hat
12 9 (0.87%) Calypso
12 9 (0.87%) Adobe
13 8 (0.78%) Fidessa
City, London
Evolution Recruitment Solutions
Rate: Market Rate
Posted: 1 hour ago
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 2 hours ago
London
Eximius Group Limited
Posted: 3 hours ago
City, London
McGregor Boyall
Rate: £650 - £800 per day
Posted: 18 hours ago
City, London
TEKsystems
Rate: £225 - £300 per day
Posted: 21 hours ago
London
Pioneer Search
Rate: £700 - £850 per day
Posted: Yesterday
Woodford Green, Essex
Reed Technology
Rate: £50000 - £52000 per annum
Posted: Yesterday
London
TEKsystems
Rate: £650 - £700 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £700 - £750 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 2 days ago
Berkshire
Harrington Starr
Rate: £550 - £750 per hour
Posted: 3 days ago
City, London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £450 - £500 per day
Posted: 4 days ago
London
Hays Finance Technology
Rate: £500.00 - £600.00 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per week
Posted: 4 days ago
London
Hydrogen Group
Rate: £600 - £800 per annum
Posted: 5 days ago
City, London
Michael Bailey Associates
Rate: Market Rates
Posted: 5 days ago
London
TEKsystems
Rate: £500 - £550 per day
Posted: 6 days ago
UK
Cititec
Rate: £500 - 575 per day
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per annum
Posted: 9 days ago