Permanent IT Jobs Contract IT Jobs

The first part of 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 19 March 2010 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our Miscellaneous category.

LinkForeign Exchange (FX)
Location
3 months to
19 Mar 2010
Same period 2009Same period 2008
Rank468789
Rank change year-on-year
Up+41Up+2
Matching contract IT job ads16466591419
As % of all contract IT jobs located in the UK3.407 %1.671 %1.726 %
As % of the Miscellaneous category12.75 %6.931 %8.116 %
Daily rates quoted1130290705
Average daily rate£575£500£600
Average daily rate % change year-on-year
+15.00 %-16.66 %
90% of contracts offered a daily rate of more than£450£425£475
10% of contracts offered a daily rate of more than£660£650£750
UK excluding London average daily rate£369£400£525
% change year-on-year
-7.810 %-23.80 %
Hourly rates quoted2413
Average hourly rate£52.72£28.88£35.00
Average hourly rate % change year-on-year
+82.58 %-17.50 %
90% of contracts offered a hourly rate of more than£26.90£13.33£20.00
10% of contracts offered a hourly rate of more than£78.54£75.75£76.50
UK excluding London average hourly rate-£52.63£40.00
% change year-on-year
-+31.56 %
IT Contractor Job Market, Miscellaneous CategoryAll Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
12906950817483
As % of all contract IT jobs located in the UK26.72 %24.10 %21.27 %
Daily rates quoted681835476206
Average daily rate£525£425£515
Average daily rate % change year-on-year
+23.52 %-17.47 %
90% of contracts offered a daily rate of more than£285£225£275
10% of contracts offered a daily rate of more than£650£600£700
UK excluding London average daily rate£325£330£350
% change year-on-year
-1.510 %-5.710 %
Hourly rates quoted5918051511
Average hourly rate£19.50£22.50£25.00
Average hourly rate % change year-on-year
-13.33 %-10.00 %
90% of contracts offered a hourly rate of more than£10.50£12.00£10.50
10% of contracts offered a hourly rate of more than£40.00£40.00£42.00
UK excluding London average hourly rate£19.00£22.63£25.00
% change year-on-year
-16.04 %-9.480 %

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.

Foreign Exchange (FX)
Demand Trend

The chart provides the 3-month moving total beginning in 2004 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) Demand Trend

Foreign Exchange (FX)
Daily Rate Trend

The 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

Foreign Exchange (FX)
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) within the UK over the 3 months to 19 March 2010.

Foreign Exchange (FX) Daily Rate Histogram

Foreign Exchange (FX)
Hourly Rate Trend

The 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

Foreign Exchange (FX)
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Foreign Exchange (FX) within the UK over the 3 months to 19 March 2010.

Foreign Exchange (FX) Hourly Rate Histogram

Foreign Exchange (FX)
Top 20 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 19 March 2010. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank 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
EnglandUp+391640£575+10.84 %
LondonUp+151627£575+9.52 %
City of LondonUp+12725£563+7.14 %
Canary WharfDown-276£600+11.62 %
Docklands, LondonDown-1913£625+38.88 %
South EastUp+710£400-
BerkshireNew entry-9£400-
NewburyNew entry-5£450-
North WestDown-32--
ScotlandDown-132--
East of EnglandUp+131£250-
PortsmouthUp+81£298-
HampshireDown-21£298-
NottinghamshireNew entry-1£275-
MerseysideNew entry-1--
East MidlandsNew entry-1£275-
CambridgeshireNew entry-1£250-
NottinghamNew entry-1£275-
ManchesterNew entry-1--
LiverpoolNew entry-1--

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 19 March 2010, 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).

11373 (46.80 %)Banking
21179 (40.18 %)Front Office
31026 (34.97 %)Investment Banking
41008 (34.36 %)Derivative
5992 (33.81 %)Java
6724 (24.68 %)C#
7709 (24.16 %)Finance
8631 (21.51 %)C++
9603 (20.55 %)Fixed Income
10504 (17.18 %)SQL
11485 (16.53 %)E-Commerce
12336 (11.45 %)Equities
13321 (10.94 %).NET
14313 (10.67 %)Risk Management
15279 (9.509 %)UNIX
16268 (9.134 %)Oracle
17264 (8.998 %)OO
18261 (8.896 %)Multithreading
19258 (8.793 %)Interest Rate Derivative
19258 (8.793 %)Project Management
20246 (8.384 %)Business Analysis
21238 (8.112 %)XML
22226 (7.703 %)Back Office
23213 (7.260 %)Equity Derivative
23213 (7.260 %)Electronic Trading
24198 (6.748 %)Sybase
25186 (6.339 %)Credit Derivative
26181 (6.169 %)SQL Server
27169 (5.760 %)Spring
28156 (5.317 %)Swing

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 19 March 2010, 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.

IT Contractor Job Market, Application Development CategoryApplication Development
1321 (10.94 %).NET
2238 (8.112 %)XML
3169 (5.760 %)Spring
4156 (5.317 %)Swing
5122 (4.158 %)WinForms
6108 (3.681 %)Hibernate
784 (2.863 %)J2EE
876 (2.590 %)J2SE
975 (2.556 %)STL
1074 (2.522 %)XSLT
1161 (2.079 %)Middleware
1161 (2.079 %)Boost C++ Libraries
1245 (1.534 %)WCF
1341 (1.397 %)ASP.NET
1440 (1.363 %)WPF
1534 (1.159 %)Silverlight
1626 (0.886 %)Murex MxML
1626 (0.886 %)AJAX
1626 (0.886 %)FIX Protocol
1725 (0.852 %)Adobe Flex
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
147 (1.602 %)Rendezvous
225 (0.852 %)Tomcat
324 (0.818 %)MQSeries
419 (0.648 %)SharePoint
517 (0.579 %)WebLogic
610 (0.341 %)TIBCO EMS
77 (0.239 %)MS Exchange
86 (0.204 %)Apache
95 (0.170 %)Progress Apama
95 (0.170 %)Oracle Workflow
104 (0.136 %)CMS
104 (0.136 %)IIS
113 (0.102 %)MTS
122 (0.068 %)SharePoint Server 2007
131 (0.034 %)Mathematica
IT Contractor Job Market, Applications CategoryApplications
132 (1.091 %)MS Excel
229 (0.988 %)Spreadsheet
325 (0.852 %)MS Visio
422 (0.750 %)MS Project
514 (0.477 %)MS Office
611 (0.375 %)MS PowerPoint
73 (0.102 %)MATLAB
82 (0.068 %)Maya
91 (0.034 %)ZBrush
91 (0.034 %)CA Clarity
91 (0.034 %)3ds Max
IT Contractor Job Market, Business Applications CategoryBusiness Applications
142 (1.431 %)Summit
233 (1.125 %)RMDS
320 (0.682 %)Kondor+
411 (0.375 %)ION MarketView
56 (0.204 %)Misys Opics
65 (0.170 %)Murex MxG2000
65 (0.170 %)Findur
74 (0.136 %)Salerio
74 (0.136 %)Loan IQ
74 (0.136 %)3000 Xtra
74 (0.136 %)Algo Collateral
83 (0.102 %)SunGard AvantGard
83 (0.102 %)SAP ERP
83 (0.102 %)SAP CFM
92 (0.068 %)Adaptiv
92 (0.068 %)Front Arena
92 (0.068 %)BancWare
92 (0.068 %)LongView
92 (0.068 %)SAP FI
92 (0.068 %)HiInvest
IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
147 (1.602 %)Internet
221 (0.716 %)TCP/IP
311 (0.375 %)Firewall
49 (0.307 %)SSL
53 (0.102 %)Intranet
61 (0.034 %)FTP
61 (0.034 %)ATM
61 (0.034 %)PBX
61 (0.034 %)VPN
61 (0.034 %)SAN
61 (0.034 %)BSS
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
1181 (6.169 %)SQL Server
252 (1.772 %)RDBMS
337 (1.261 %)SQL Server 2005
429 (0.988 %)Oracle 10g
528 (0.954 %)Oracle 8/8i
625 (0.852 %)Datawarehouse
718 (0.613 %)Reference Data
816 (0.545 %)SQL Server Integration Services
915 (0.511 %)SQL Server 2008
1013 (0.443 %)SQL Server 2000
1112 (0.409 %)Data Mart
1112 (0.409 %)SQLPlus
1211 (0.375 %)ETL
1211 (0.375 %)BusinessObjects
138 (0.273 %)GIS
147 (0.239 %)Oracle Reports
147 (0.239 %)SQL Server Reporting Services
155 (0.170 %)Oracle 11g
164 (0.136 %)Oracle Discoverer
164 (0.136 %)Ingres
IT Contractor Job Market, Development Applications CategoryDevelopment Applications
162 (2.113 %)Subversion
251 (1.738 %)Maven
339 (1.329 %)JUnit
437 (1.261 %)Visual Studio
526 (0.886 %)ClearCase
617 (0.579 %)TestDirector
716 (0.545 %)NUnit
815 (0.511 %)JIRA
912 (0.409 %)QuickTest Pro
1011 (0.375 %)ProC
119 (0.307 %)FitNesse
119 (0.307 %)Log4Net
128 (0.273 %)Eclipse
128 (0.273 %)Ant
137 (0.239 %)Selenium
145 (0.170 %)Team Foundation Server
145 (0.170 %)VSS/SourceSafe
145 (0.170 %)Oracle Forms
145 (0.170 %)ClearQuest
154 (0.136 %)TeamCity
IT Contractor Job Market, General CategoryGeneral
11373 (46.80 %)Banking
21179 (40.18 %)Front Office
31026 (34.97 %)Investment Banking
4709 (24.16 %)Finance
5226 (7.703 %)Back Office
629 (0.988 %)Financial Institution
716 (0.545 %)Retail
716 (0.545 %)Construction
716 (0.545 %)Government
815 (0.511 %)Publishing
912 (0.409 %)General Ledger
1010 (0.341 %)Law
118 (0.273 %)Education
118 (0.273 %)Billing
127 (0.239 %)Marketing
136 (0.204 %)Legal
145 (0.170 %)Corporate Banking
145 (0.170 %)Games
154 (0.136 %)International Banking
163 (0.102 %)Retail Banking
IT Contractor Job Market, Job Titles CategoryJob Titles
11421 (48.43 %)Developer
2830 (28.29 %)Analyst
3619 (21.10 %)Business Analyst
4597 (20.35 %)Java Developer
5360 (12.27 %)C# Developer
6228 (7.771 %)Senior Developer
7224 (7.635 %)Project Manager
8180 (6.135 %)C++ Developer
9125 (4.260 %)Senior Java Developer
10109 (3.715 %)Senior Analyst
1197 (3.306 %)Banking Business Analyst
1295 (3.238 %)Java Swing Developer
1392 (3.136 %)Investment Banking Business Analyst
1489 (3.033 %)Front Office Developer
1585 (2.897 %)Senior Business Analyst
1672 (2.454 %).NET Developer
1769 (2.352 %)Support Analyst
1858 (1.977 %)Architect
1953 (1.806 %)Risk Analyst
2051 (1.738 %)Test Analyst
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
11008 (34.36 %)Derivative
2603 (20.55 %)Fixed Income
3336 (11.45 %)Equities
4261 (8.896 %)Multithreading
5258 (8.793 %)Interest Rate Derivative
6213 (7.260 %)Equity Derivative
7186 (6.339 %)Credit Derivative
8116 (3.954 %)Market Risk
980 (2.727 %)Credit Risk
1058 (1.977 %)N-Tier
1142 (1.431 %)Client/Server
1233 (1.125 %)Grid Computing
1329 (0.988 %)Open Source
1423 (0.784 %)Mathematics
1512 (0.409 %)Computer Science
1611 (0.375 %)Tandem
179 (0.307 %)Exotic Derivative
188 (0.273 %)PMI
197 (0.239 %)Swaptions
206 (0.204 %)Data Extraction
IT Contractor Job Market, Operating Systems CategoryOperating Systems
1279 (9.509 %)UNIX
2150 (5.112 %)Windows
3100 (3.408 %)Linux
423 (0.784 %)Solaris
516 (0.545 %)VMS
68 (0.273 %)Red Hat Linux
77 (0.239 %)Windows XP
84 (0.136 %)Windows 2000
93 (0.102 %)Windows Server 2003
101 (0.034 %)AIX
101 (0.034 %)Windows NT
101 (0.034 %)SUSE
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
1485 (16.53 %)E-Commerce
2313 (10.67 %)Risk Management
3264 (8.998 %)OO
4258 (8.793 %)Project Management
5246 (8.384 %)Business Analysis
6213 (7.260 %)Electronic Trading
7130 (4.431 %)Agile Software Development
897 (3.306 %)User Acceptance Testing
995 (3.238 %)Workflow
1081 (2.761 %)Migration
1168 (2.318 %)Algorithmic Trading
1262 (2.113 %)TDD
1361 (2.079 %)Change Management
1449 (1.670 %)Data Modelling
1548 (1.636 %)OOD
1646 (1.568 %)UML
1734 (1.159 %)Risk Analysis
1734 (1.159 %)PRINCE2
1833 (1.125 %)Integration Testing
1932 (1.091 %)Unit Testing
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
1992 (33.81 %)Java
2724 (24.68 %)C#
3631 (21.51 %)C++
4504 (17.18 %)SQL
5113 (3.851 %)VBA
681 (2.761 %)C
779 (2.693 %)VC++
857 (1.943 %)Shell Script
955 (1.875 %)VB
1054 (1.840 %)Perl
1137 (1.261 %)PL/SQL
1234 (1.159 %)JavaScript
1319 (0.648 %)T-SQL
1413 (0.443 %)Python
1510 (0.341 %)DCL
168 (0.273 %)COBOL
176 (0.204 %)RPG
185 (0.170 %)VB.NET
194 (0.136 %)Korn
203 (0.102 %)Ruby
IT Contractor Job Market, Qualifications CategoryQualifications
1112 (3.817 %)Degree
220 (0.682 %)PMI Certification
312 (0.409 %)PMP
410 (0.341 %)ISEB
56 (0.204 %)CCNA
56 (0.204 %)Cisco Certification
56 (0.204 %)PhD
64 (0.136 %)CIMA
73 (0.102 %)ACCA
73 (0.102 %)MBA
73 (0.102 %)CCSA
82 (0.068 %)HND
82 (0.068 %)ISTQB
91 (0.034 %)PRINCE2 Practitioner
91 (0.034 %)Brainbench
91 (0.034 %)PRINCE2 Certification
IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
170 (2.386 %)QA
213 (0.443 %)GAAP
35 (0.170 %)SLA
35 (0.170 %)Sarbanes-Oxley
44 (0.136 %)Basel II
52 (0.068 %)ISO9001
61 (0.034 %)IAS 39
IT Contractor Job Market, System Software CategorySystem Software
14 (0.136 %)Tivoli Workload Scheduler
14 (0.136 %)Oracle RAC
22 (0.068 %)Samba
31 (0.034 %)NFS
IT Contractor Job Market, Systems Management CategorySystems Management
17 (0.239 %)Tivoli
26 (0.204 %)AutoSys
35 (0.170 %)Data Guard
43 (0.102 %)HP Quality Center
43 (0.102 %)CONTROL-M
IT Contractor Job Market, Vendors CategoryVendors
1268 (9.134 %)Oracle
2198 (6.748 %)Sybase
3151 (5.147 %)Murex
491 (3.102 %)Reuters
590 (3.067 %)TIBCO
678 (2.658 %)Microsoft
678 (2.658 %)Calypso
751 (1.738 %)Wall Street Systems
826 (0.886 %)Bloomberg
924 (0.818 %)DataSynapse
1023 (0.784 %)ION Trading
1122 (0.750 %)DevExpress
1220 (0.682 %)Caplin
1319 (0.648 %)JBoss
1415 (0.511 %)IBM
1513 (0.443 %)Charles River
1612 (0.409 %)Sophis
1612 (0.409 %)thinkFolio
1711 (0.375 %)Business Objects
1711 (0.375 %)Fidessa