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 average contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 8 February 2016 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
8 Feb 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 118 111 -
Rank change year-on-year
-7 -
Contract jobs citing Foreign Exchange (FX) 6 2 0
As % of all contract IT jobs located in the West Midlands 0.24% 0.091% -
As % of the Miscellaneous category 0.87% 0.33% -
Number of daily rates quoted 5 0 0
Average daily rate £450 - -
UK excluding London average daily rate £400 £420 £425
% change year-on-year
-4.76% -1.17%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
690 613 572
As % of all contract IT jobs located in the West Midlands 27.41% 27.75% 27.33%
Number of daily rates quoted 411 338 314
Average daily rate £375 £350 £325
Average daily rate % change year-on-year
+7.14% +7.69%
90% offered a daily rate of more than £200 £200 £225
10% offered a daily rate of more than £525 £550 £450
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 33 63 45
Average hourly rate £14.00 £22.50 £21.00
Average hourly rate % change year-on-year
-37.77% +7.14%
90% offered a hourly rate of more than £11.00 £12.35 £13.55
10% offered a hourly rate of more than £38.50 £33.60 £37.77
UK excluding London average hourly rate £24.00 £17.50 £17.50
% change year-on-year
+37.14% -

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

This chart provides a 3-month moving total of IT contractor jobs citing Foreign Exchange (FX) across the West Midlands region as a proportion of the total demand within 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)
Daily Rate Histogram in the West Midlands

This chart provides a histogram of daily rates quoted in contract IT jobs citing Foreign Exchange (FX) across the West Midlands region over the 3 months to 8 February 2016.

Foreign Exchange (FX) Daily Rate Histogram 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 average contractor rates quoted in IT jobs citing Foreign Exchange (FX) within the West Midlands region over the 3 months to 8 February 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
(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
Birmingham - 6 £450 -
Foreign Exchange (FX)
England

Foreign Exchange (FX)
Top 30 Related IT Skills in the West Midlands

For the 6 months to 8 February 2016, IT contractor jobs across the West Midlands region 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 9 (81.82%) Finance
1 9 (81.82%) Banking
2 5 (45.45%) Retail
2 5 (45.45%) Stakeholder Management
2 5 (45.45%) Business Intelligence
3 4 (36.36%) BizTalk Server
3 4 (36.36%) Middleware
3 4 (36.36%) SOA
3 4 (36.36%) Adobe
3 4 (36.36%) CRM
3 4 (36.36%) SharePoint
3 4 (36.36%) Data Warehouse
3 4 (36.36%) E-Commerce
3 4 (36.36%) Oracle
3 4 (36.36%) SAP
3 4 (36.36%) FatWire
3 4 (36.36%) Content Management
3 4 (36.36%) Enterprise Architecture
3 4 (36.36%) SCADA
3 4 (36.36%) SAP PI
3 4 (36.36%) Pega
3 4 (36.36%) Sitecore
3 4 (36.36%) Social Media
3 4 (36.36%) hybris
3 4 (36.36%) Solvency II
3 4 (36.36%) Digital Media
3 4 (36.36%) Enterprise Software
3 4 (36.36%) Guidewire
3 4 (36.36%) MuleSoft
3 4 (36.36%) Data Centre

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

For the 6 months to 8 February 2016, IT contractor jobs across the West Midlands region 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 4 (36.36%) BizTalk Server
1 4 (36.36%) SharePoint
Business Applications
1 1 (9.09%) SunGard GMI
Database & Business Intelligence
1 4 (36.36%) Data Warehouse
General
1 9 (81.82%) Banking
1 9 (81.82%) Finance
2 5 (45.45%) Retail
3 2 (18.18%) Back Office
3 2 (18.18%) Financial Institution
4 1 (9.09%) Investment Banking
4 1 (9.09%) Manufacturing
4 1 (9.09%) Retail Banking
Job Titles
1 5 (45.45%) Analyst
2 4 (36.36%) Architect
2 4 (36.36%) Senior Architect
2 4 (36.36%) Senior Solutions Architect
2 4 (36.36%) Solutions Architect
3 3 (27.27%) Business Analyst
4 2 (18.18%) Banking Analyst
4 2 (18.18%) Junior
5 1 (9.09%) Banking Business Analyst
5 1 (9.09%) Business Change Analyst
5 1 (9.09%) Business Change Business Analyst
5 1 (9.09%) Consultant
5 1 (9.09%) FX Business Analyst
5 1 (9.09%) Junior Analyst
5 1 (9.09%) Junior Support Engineer
5 1 (9.09%) Senior Business Analyst
5 1 (9.09%) Senior Business Change Analyst
5 1 (9.09%) Senior Change Analyst
5 1 (9.09%) Support Analyst
5 1 (9.09%) Support Engineer
Libraries, Frameworks & Software Standards
1 4 (36.36%) Middleware
1 4 (36.36%) SAP PI
Miscellaneous
1 4 (36.36%) Data Centre
1 4 (36.36%) Digital Media
1 4 (36.36%) Enterprise Software
1 4 (36.36%) SCADA
1 4 (36.36%) Social Media
2 3 (27.27%) Derivative
3 1 (9.09%) Computer Science
3 1 (9.09%) Fintech
Operating Systems
1 2 (18.18%) Unix
2 1 (9.09%) Linux
Processes & Methodologies
1 5 (45.45%) Business Intelligence
1 5 (45.45%) Stakeholder Management
2 4 (36.36%) Content Management
2 4 (36.36%) CRM
2 4 (36.36%) E-Commerce
2 4 (36.36%) Enterprise Architecture
2 4 (36.36%) Migration
2 4 (36.36%) SOA
3 2 (18.18%) ITIL
3 2 (18.18%) ITIL V3
4 1 (9.09%) Business Analysis
4 1 (9.09%) Change Management
4 1 (9.09%) Continuous Improvement
4 1 (9.09%) Data Analysis
4 1 (9.09%) Functional Testing
4 1 (9.09%) GAP Analysis
4 1 (9.09%) Logistics
4 1 (9.09%) Non-Functional Testing
4 1 (9.09%) Regression Testing
4 1 (9.09%) SDLC
Programming Languages
1 3 (27.27%) Perl
2 2 (18.18%) Java
2 2 (18.18%) Python
2 2 (18.18%) Shell Script
2 2 (18.18%) SQL
Qualifications
1 1 (9.09%) Degree
1 1 (9.09%) DV Cleared
1 1 (9.09%) SC Cleared
1 1 (9.09%) Security Cleared
Quality Assurance & Compliance
1 4 (36.36%) Solvency II
Vendors
1 4 (36.36%) Adobe
1 4 (36.36%) FatWire
1 4 (36.36%) Guidewire
1 4 (36.36%) hybris
1 4 (36.36%) MuleSoft
1 4 (36.36%) Oracle
1 4 (36.36%) Pega
1 4 (36.36%) SAP
1 4 (36.36%) Sitecore
2 1 (9.09%) Baan
2 1 (9.09%) HP
2 1 (9.09%) SunGard