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 1 July 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
1 Jul 2015
Same period 2014 Same period 2013
Foreign Exchange (FX)
Rank 234 188 107
Rank change year-on-year
-46 -81
Contract jobs citing Foreign Exchange (FX) 520 648 920
As % of all contract IT jobs located in the UK 0.93% 1.20% 1.87%
As % of the Miscellaneous category 2.96% 3.79% 5.59%
Number of daily rates quoted 436 515 729
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £625 £550
Average daily rate % change year-on-year
-4.00% +13.63%
90% offered a daily rate of more than £450 £425 £425
10% offered a daily rate of more than £725 £725 £675
UK excluding London average daily rate £425 £380 £425
% change year-on-year
+11.84% -10.58%
Number of hourly rates quoted 0 1 9
Average hourly rate - £19.00 £40.00
Average hourly rate % change year-on-year
- -52.50%
UK excluding London average hourly rate - - £13.00

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
17545 17089 16456
As % of all contract IT jobs located in the UK 31.35% 31.75% 33.39%
Number of daily rates quoted 10925 10497 9726
Average daily rate £415 £400 £425
Average daily rate % change year-on-year
+3.75% -5.88%
90% offered a daily rate of more than £250 £235 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 646 662 714
Average hourly rate £19.00 £22.00 £22.00
Average hourly rate % change year-on-year
-13.63% -
90% offered a hourly rate of more than £12.25 £12.50 £12.50
10% offered a hourly rate of more than £46.50 £43.00 £43.00
UK excluding London average hourly rate £18.90 £23.00 £20.00
% change year-on-year
-17.82% +15.00%

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 1 July 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 18 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 1 July 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 -50 507 £600 -4.00% 141
London -21 497 £600 -4.00% 127
City of London -14 147 £600 -4.00% 66
Scotland -37 6 £450 +20.00% 1
Nottingham -3 5 £325 -13.33% 2
East Midlands -6 5 £325 -13.33% 3
Nottinghamshire -9 5 £325 -13.33% 2
Berkshire +3 4 £450 - 1
Docklands, London -5 4 £650 +1.96%
South East -15 4 £450 +9.48% 7
Northern Ireland +3 3 £388 -44.64%
Reading - 3 £450 -
County Antrim - 3 £388 -
Belfast - 3 £388 -
Edinburgh 0 2 £475 - 1
Stirling -6 1 - -
Maidenhead - 1 - -
Canary Wharf - 1 £500 -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 1 July 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).

1 444 (40.44%) Banking
2 439 (39.98%) Finance
3 429 (39.07%) Front Office
4 364 (33.15%) Java
5 328 (29.87%) SQL
6 311 (28.32%) Low Latency
7 302 (27.50%) Investment Banking
8 290 (26.41%) Multithreading
9 256 (23.32%) Derivative
10 247 (22.50%) Fixed Income
11 244 (22.22%) C++
12 235 (21.40%) Equities
13 226 (20.58%) C#
14 210 (19.13%) Agile Software Development
15 183 (16.67%) UNIX
16 171 (15.57%) Linux
17 133 (12.11%) E-Commerce
18 127 (11.57%) Oracle
19 125 (11.38%) Analytical Skills
20 108 (9.84%) Electronic Trading
21 105 (9.56%) Risk Management
22 103 (9.38%) FIX Protocol
23 99 (9.02%) Windows
24 89 (8.11%) Business Analysis
25 88 (8.01%) Degree
25 88 (8.01%) Algorithmic Trading
25 88 (8.01%) Project Management
26 85 (7.74%) Back Office
26 85 (7.74%) SDLC
27 81 (7.38%) .NET

Foreign Exchange (FX)
Top Related IT Skills by Category

For the 6 months to 1 July 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 18 (1.64%) WebSphere
2 17 (1.55%) Oracle Coherence
3 10 (0.91%) Oracle Workflow
4 7 (0.64%) WebLogic
4 7 (0.64%) Tomcat
5 6 (0.55%) SharePoint
5 6 (0.55%) JBoss
6 5 (0.46%) Apache
6 5 (0.46%) IIS
6 5 (0.46%) Oracle HTTP Server
7 4 (0.36%) WebSphere Application Server
7 4 (0.36%) Apache ServiceMix
8 3 (0.27%) SharePoint 2010
9 2 (0.18%) GemFire
9 2 (0.18%) IPython
10 1 (0.091%) Node.js
10 1 (0.091%) Apache Spark
10 1 (0.091%) MQSeries
Applications
1 48 (4.37%) MS Excel
2 18 (1.64%) MS Visio
3 12 (1.09%) MS Project
4 11 (1.00%) MS Office
5 9 (0.82%) MS PowerPoint
6 2 (0.18%) Spreadsheet
6 2 (0.18%) OmniGraffle
6 2 (0.18%) Adobe Creative Suite
7 1 (0.091%) Maya
7 1 (0.091%) Photoshop
Business Applications
1 33 (3.01%) ION MarketView
2 15 (1.37%) RMDS
3 11 (1.00%) Markit EDM
4 10 (0.91%) SimCorp Dimension
5 9 (0.82%) thinkFolio
6 6 (0.55%) Summit
6 6 (0.55%) LatentZero
7 5 (0.46%) SAP FI
8 4 (0.36%) Murex MxG2000
8 4 (0.36%) Oracle General Ledger
9 3 (0.27%) Global One
9 3 (0.27%) Maximo
10 2 (0.18%) Dynamics AX
10 2 (0.18%) SAP Oil and Gas
10 2 (0.18%) Temenos T24
11 1 (0.091%) SAP FI-AP
11 1 (0.091%) Finacle
11 1 (0.091%) Oracle Subledger Accounting
11 1 (0.091%) FINCAD Analytics
11 1 (0.091%) SunGard Stream Ubix
Cloud Services
1 2 (0.18%) SaaS
1 2 (0.18%) PaaS
1 2 (0.18%) IaaS
Communications & Networking
1 30 (2.73%) Multicast
2 22 (2.00%) Firewall
3 11 (1.00%) TCP/IP
4 7 (0.64%) HTTP
5 5 (0.46%) SAN
5 5 (0.46%) NAS
6 4 (0.36%) FCoE
6 4 (0.36%) Fibre Channel
6 4 (0.36%) iSCSI
6 4 (0.36%) LAN
6 4 (0.36%) WAN
7 3 (0.27%) FTP
7 3 (0.27%) Internet
8 1 (0.091%) OSPF
8 1 (0.091%) BGP
8 1 (0.091%) DNS
8 1 (0.091%) HTTPS
8 1 (0.091%) Cisco ASA
8 1 (0.091%) Wireshark
8 1 (0.091%) Cisco Nexus
Database & Business Intelligence
1 60 (5.46%) SQL Server
2 44 (4.01%) Relational Database
3 40 (3.64%) KDB
4 35 (3.19%) Data Warehouse
5 21 (1.91%) Oracle Database
6 18 (1.64%) Big Data
7 17 (1.55%) Hadoop
7 17 (1.55%) Data Mining
8 10 (0.91%) MS Access
9 9 (0.82%) Oracle Database 11g
9 9 (0.82%) Pentaho
10 7 (0.64%) HBase
11 6 (0.55%) Hazelcast
11 6 (0.55%) SQL Server Integration Services
11 6 (0.55%) QlikView
12 4 (0.36%) SQL Server Reporting Services
12 4 (0.36%) NoSQL
13 3 (0.27%) SQL Server 2008
13 3 (0.27%) Impala
13 3 (0.27%) Oracle Reports
Development Applications
1 28 (2.55%) JIRA
2 17 (1.55%) NUnit
2 17 (1.55%) TeamCity
3 14 (1.28%) Maven
3 14 (1.28%) Selenium
3 14 (1.28%) JUnit
4 13 (1.18%) Subversion
5 11 (1.00%) ClearCase
5 11 (1.00%) Git (software)
6 8 (0.73%) Moq
6 8 (0.73%) HP UFT
6 8 (0.73%) FitNesse
7 7 (0.64%) Cucumber
8 6 (0.55%) Talend Open Studio
8 6 (0.55%) Ant
8 6 (0.55%) CruiseControl
8 6 (0.55%) SpecFlow
9 4 (0.36%) Jenkins
9 4 (0.36%) Grunt
9 4 (0.36%) Bower
General
1 444 (40.44%) Banking
2 439 (39.98%) Finance
3 429 (39.07%) Front Office
4 302 (27.50%) Investment Banking
5 85 (7.74%) Back Office
6 35 (3.19%) Financial Institution
7 16 (1.46%) General Ledger
8 15 (1.37%) Legal
9 12 (1.09%) Retail
10 10 (0.91%) Corporate Banking
11 8 (0.73%) Advertising
12 7 (0.64%) French Language
13 6 (0.55%) Telecoms
14 5 (0.46%) Retail Banking
15 4 (0.36%) German Language
15 4 (0.36%) Marketing
16 3 (0.27%) Spanish Language
16 3 (0.27%) Turkish Language
16 3 (0.27%) Wholesale Banking
17 2 (0.18%) Billing
Job Titles
1 563 (51.28%) Developer
2 302 (27.50%) Analyst
3 242 (22.04%) Java Developer
4 176 (16.03%) Business Analyst
5 159 (14.48%) C++ Developer
6 107 (9.74%) C# Developer
7 90 (8.20%) Senior Developer
8 57 (5.19%) Project Manager
9 56 (5.10%) Applications Support
10 54 (4.92%) Support Analyst
11 40 (3.64%) C++/C# Developer
12 39 (3.55%) Senior Java Developer
13 30 (2.73%) Senior Analyst
14 26 (2.37%) Applications Support Analyst
14 26 (2.37%) Technical Analyst
14 26 (2.37%) Senior C# Developer
15 20 (1.82%) Data Analyst
16 19 (1.73%) WPF Developer
17 17 (1.55%) Senior Business Analyst
17 17 (1.55%) Architect
Libraries, Frameworks & Software Standards
1 103 (9.38%) FIX Protocol
2 81 (7.38%) .NET
3 78 (7.10%) WPF
4 54 (4.92%) Middleware
5 53 (4.83%) XML
6 50 (4.55%) Boost C++ Libraries
7 47 (4.28%) HTML
8 45 (4.10%) STL
9 41 (3.73%) WCF
10 36 (3.28%) Spring
11 33 (3.01%) Swing
12 32 (2.91%) Rendezvous
13 31 (2.82%) HTML5
14 29 (2.64%) Web Services
15 28 (2.55%) Ultra Messaging
16 27 (2.46%) Reactive Extensions
17 25 (2.28%) JMS
18 18 (1.64%) FpML
18 18 (1.64%) CSS
19 16 (1.46%) Hibernate
Miscellaneous
1 256 (23.32%) Derivative
2 247 (22.50%) Fixed Income
3 235 (21.40%) Equities
4 125 (11.38%) Analytical Skills
5 63 (5.74%) Algorithms
6 59 (5.37%) Computer Science
7 41 (3.73%) Equity Derivative
8 34 (3.10%) Credit Derivative
9 31 (2.82%) Interest Rate Derivative
10 29 (2.64%) Mathematics
11 19 (1.73%) Market Risk
12 17 (1.55%) Hedge funds
13 16 (1.46%) Data Structures
14 15 (1.37%) SWIFT
14 15 (1.37%) Physics
15 14 (1.28%) Eurex
16 13 (1.18%) User Experience
16 13 (1.18%) Contract for Difference
17 12 (1.09%) Grid Computing
18 11 (1.00%) Visualisation
Operating Systems
1 183 (16.67%) UNIX
2 171 (15.57%) Linux
3 99 (9.02%) Windows
4 23 (2.09%) Solaris
5 16 (1.46%) Red Hat Enterprise Linux
6 4 (0.36%) Windows Server 2003
7 3 (0.27%) Windows Server 2008
8 1 (0.091%) Android
8 1 (0.091%) VMS
Processes & Methodologies
1 311 (28.32%) Low Latency
2 290 (26.41%) Multithreading
3 210 (19.13%) Agile Software Development
4 133 (12.11%) E-Commerce
5 108 (9.84%) Electronic Trading
6 105 (9.56%) Risk Management
7 89 (8.11%) Business Analysis
8 88 (8.01%) Project Management
8 88 (8.01%) Algorithmic Trading
9 85 (7.74%) SDLC
10 80 (7.29%) User Acceptance Testing
11 64 (5.83%) TDD
12 57 (5.19%) Software Engineering
13 55 (5.01%) Workflow
14 51 (4.64%) OO
14 51 (4.64%) Stakeholder Management
15 50 (4.55%) Scrum
16 40 (3.64%) Analytics
17 38 (3.46%) Change Management
18 37 (3.37%) Data Analysis
Programming Languages
1 364 (33.15%) Java
2 328 (29.87%) SQL
3 244 (22.22%) C++
4 226 (20.58%) C#
5 71 (6.47%) Python
6 64 (5.83%) Perl
7 36 (3.28%) JavaScript
8 35 (3.19%) VBA
9 22 (2.00%) C
10 20 (1.82%) Shell Script
11 14 (1.28%) T-SQL
12 11 (1.00%) PL/SQL
12 11 (1.00%) Scala
13 9 (0.82%) Bash Shell
13 9 (0.82%) R
14 8 (0.73%) XAML
14 8 (0.73%) VB
15 4 (0.36%) MATLAB
15 4 (0.36%) VBScript
15 4 (0.36%) PowerShell
Qualifications
1 88 (8.01%) Degree
2 17 (1.55%) ISEB
3 8 (0.73%) ISTQB
4 5 (0.46%) CFA
5 4 (0.36%) IIBA
5 4 (0.36%) CBAP
5 4 (0.36%) ISTQB Foundation Certification
6 3 (0.27%) CISSP
6 3 (0.27%) PhD
6 3 (0.27%) PMP
6 3 (0.27%) PMI Certification
6 3 (0.27%) CISA
6 3 (0.27%) CISM
7 2 (0.18%) ISEB Practitioner
7 2 (0.18%) PRINCE2 Certification
8 1 (0.091%) A+ Certification
8 1 (0.091%) CAPM
8 1 (0.091%) CCNP
8 1 (0.091%) Cisco Certification
Quality Assurance & Compliance
1 46 (4.19%) QA
2 38 (3.46%) EMIR
3 19 (1.73%) MiFID
3 19 (1.73%) Dodd-Frank
4 6 (0.55%) FATCA
5 5 (0.46%) COREP
5 5 (0.46%) ISO 9001
5 5 (0.46%) CRD IV
6 3 (0.27%) Basel III
6 3 (0.27%) Sarbanes-Oxley
7 2 (0.18%) Data Quality
8 1 (0.091%) SLA
8 1 (0.091%) AIFMD
8 1 (0.091%) UCITS
System Software
1 5 (0.46%) Oracle RAC
1 5 (0.46%) VMware Infrastructure
2 4 (0.36%) Hyper-V
2 4 (0.36%) SRDF
2 4 (0.36%) NFS
2 4 (0.36%) KVM
2 4 (0.36%) Xen
3 2 (0.18%) HDFS
3 2 (0.18%) Active Directory
3 2 (0.18%) Apache Flume
3 2 (0.18%) GridGain
Systems Management
1 22 (2.00%) HP Quality Center
2 13 (1.18%) ITRS Geneos
3 11 (1.00%) Control-M
4 2 (0.18%) Oozie
5 1 (0.091%) CA LISA
5 1 (0.091%) SCOM
5 1 (0.091%) SolarWinds Orion
5 1 (0.091%) Cisco LMS
5 1 (0.091%) BMC PATROL
Vendors
1 127 (11.57%) Oracle
2 56 (5.10%) Sybase
3 51 (4.64%) TIBCO
4 40 (3.64%) Microsoft
5 34 (3.10%) Murex
6 33 (3.01%) ION Trading
7 18 (1.64%) IBM
8 16 (1.46%) Reuters
8 16 (1.46%) Red Hat
9 14 (1.28%) Bloomberg
9 14 (1.28%) Currenex
10 12 (1.09%) Solace
10 12 (1.09%) MarketAxess
10 12 (1.09%) eSpeed
10 12 (1.09%) Business Objects
11 11 (1.00%) SAP
11 11 (1.00%) Calypso
11 11 (1.00%) Tradeweb
12 10 (0.91%) Talarian
12 10 (0.91%) SimCorp
City, London
Harrington Starr
Rate: £500 - £600 per day
Posted: 11 hours ago
London
Aston Carter
Rate: £400 - £450 per day
Posted: 12 hours ago
City, London
Reed Technology
Rate: £475 - £500 per day
Posted: 13 hours ago
London
Pioneer Search
Rate: £700 - £800 per day
Posted: 14 hours ago
London
TEKsystems
Rate: £550 - £600 per day
Posted: 21 hours ago
City, London
TEKsystems
Rate: £700 - £800 per day
Posted: Yesterday
London
TEKsystems
Rate: £500 - £550 per day
Posted: Yesterday
City, London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £625 per day
Posted: 2 days ago
City, London
JM
Rate: £600 - £650 per day
Posted: 2 days ago
City of London
Streamline Connections
Posted: 2 days ago
City of London
Huxley Banking & Financial Services
Rate: £550 - £650 per day
Posted: 2 days ago
City, London
Harrington Starr
Rate: £600 - £700 per day
Posted: 5 days ago
London
Hatstand Limited
Rate: £600 - £700 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 5 days ago
Edinburgh, Midlothian
JM
Rate: v. competitive
Posted: 6 days ago
City, London
TEKsystems
Rate: £500 - £600 per day
Posted: 6 days ago
City of London
Huxley Banking & Financial Services
Rate: £600 - £750 per day
Posted: 8 days ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 9 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 9 days ago