The table below looks at the prevalence of the term Foreign Exchange (FX) in IT contracts advertised for the West Midlands region. Included is a guide to the contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 23 July 2016 with a comparison to the same period over 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.

3 months to
23 Jul 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 142 - -
Rank change year-on-year
- 0
Contract jobs citing Foreign Exchange (FX) 1 0 0
As % of all contract IT jobs located in the West Midlands 0.032% - -
As % of the Miscellaneous category 0.12% - -
Number of daily rates quoted 1 0 0
Median daily rate £396 - -
UK excluding London median daily rate £375 £450 £383
% change year-on-year
-16.66% +17.64%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Foreign Exchange (FX)
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the West Midlands region.

Miscellaneous Category
West Midlands
Contract IT job ads with a match in the
Miscellaneous category
859 635 661
As % of all contract IT jobs located in the West Midlands 27.40% 26.58% 28.06%
Number of daily rates quoted 533 391 316
Median daily rate £380 £370 £325
Median daily rate % change year-on-year
+2.70% +13.84%
90% offered a daily rate of more than £236 £200 £175
10% offered a daily rate of more than £501 £500 £500
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 36 52 59
Median hourly rate £15.00 £18.00 £33.55
Median hourly rate % change year-on-year
-16.66% -46.34%
90% offered a hourly rate of more than £11.72 £11.00 £11.00
10% offered a hourly rate of more than £23.95 £35.00 £42.00
UK excluding London median hourly rate £21.36 £18.00 £20.50
% change year-on-year
+18.63% -12.19%

Foreign Exchange (FX)
Jobs Demand Trend in the West Midlands

The demand trend of contract jobs across the West Midlands region citing Foreign Exchange (FX) as a proportion of all IT contracts with a match in the Miscellaneous category.

Foreign Exchange (FX) Jobs Demand Trend in the West Midlands

Foreign Exchange (FX)
Daily Rate Trend in the West Midlands

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Foreign Exchange (FX) across the West Midlands region.

Foreign Exchange (FX) Daily Rate Trend in the West Midlands

Foreign Exchange (FX)
Contract Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the West Midlands region over the 3 months to 23 July 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Birmingham - 1 £396 - 2
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Top 19 Related IT Skills in the West Midlands

For the 6 months to 23 July 2016, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the West Midlands region with a requirement for Foreign Exchange (FX).

1 2 (66.67%) Finance
2 1 (33.33%) Banking
2 1 (33.33%) Retail
2 1 (33.33%) Derivative
2 1 (33.33%) Retail Banking
2 1 (33.33%) Degree
2 1 (33.33%) Computer Science
2 1 (33.33%) User Acceptance Testing
2 1 (33.33%) ITIL V3
2 1 (33.33%) Process Improvement
2 1 (33.33%) Financial Institution
2 1 (33.33%) Back Office
2 1 (33.33%) Java
2 1 (33.33%) Perl
2 1 (33.33%) SQL
2 1 (33.33%) ITIL
2 1 (33.33%) Python
2 1 (33.33%) Shell Script
2 1 (33.33%) Six Sigma

Foreign Exchange (FX)
Top Related IT Skills in the West Midlands by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 2 (66.67%) Finance
2 1 (33.33%) Back Office
2 1 (33.33%) Banking
2 1 (33.33%) Financial Institution
2 1 (33.33%) Retail
2 1 (33.33%) Retail Banking
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
2 1 (33.33%) FX Business Analyst
2 1 (33.33%) Junior
2 1 (33.33%) Junior Support Engineer
2 1 (33.33%) Support Engineer
Miscellaneous
1 1 (33.33%) Computer Science
1 1 (33.33%) Derivative
Processes & Methodologies
1 1 (33.33%) ITIL
1 1 (33.33%) ITIL V3
1 1 (33.33%) Process Improvement
1 1 (33.33%) Six Sigma
1 1 (33.33%) User Acceptance Testing
Programming Languages
1 1 (33.33%) Java
1 1 (33.33%) Perl
1 1 (33.33%) Python
1 1 (33.33%) Shell Script
1 1 (33.33%) SQL
Qualifications
1 1 (33.33%) Degree