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 contractor rates offered in IT contracts that have cited Foreign Exchange (FX) over the 3 months to 26 June 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
26 Jun 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 272 248 186
Rank change year-on-year
-24 -62
Contract jobs citing Foreign Exchange (FX) 471 507 659
As % of all contract IT jobs located in the UK 0.89% 0.91% 1.22%
As % of the Miscellaneous category 2.67% 2.84% 3.77%
Number of daily rates quoted 395 428 525
Median daily rate £600 £600 £625
Median daily rate % change year-on-year
- -4.00%
90% offered a daily rate of more than £450 £443 £425
10% offered a daily rate of more than £700 £725 £725
UK excluding London median daily rate £375 £425 £375
% change year-on-year
-11.76% +13.33%
Number of hourly rates quoted 3 0 1
Median hourly rate £80.00 - £19.00
UK excluding London median hourly rate - - -

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
17659 17863 17492
As % of all contract IT jobs located in the UK 33.27% 31.95% 32.43%
Number of daily rates quoted 11429 11116 10751
Median daily rate £425 £420 £400
Median daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £255 £250 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 615 675 702
Median hourly rate £21.50 £19.00 £21.00
Median hourly rate % change year-on-year
+13.15% -9.52%
90% offered a hourly rate of more than £12.50 £12.33 £12.50
10% offered a hourly rate of more than £47.35 £45.24 £42.50
UK excluding London median hourly rate £22.50 £18.47 £21.00
% change year-on-year
+21.81% -12.04%

Foreign Exchange (FX)
Jobs Demand Trend

The demand trend of contract jobs 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 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 26 June 2016.

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)
Hourly Rate Histogram

This chart provides a histogram of hourly rates quoted in contract IT jobs citing Foreign Exchange (FX) within the UK over the 3 months to 26 June 2016.

Foreign Exchange (FX) Hourly Rate Histogram in the UK

Foreign Exchange (FX)
Top 30 Contract Locations

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 UK over the 3 months to 26 June 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
England -29 453 £600 - 106
London -10 428 £610 +1.66% 96
City of London -3 84 £600 - 41
South East +24 20 £450 - 4
Scotland -2 13 £360 -20.00% 2
Surrey - 8 £481 - 3
East Sussex - 7 £350 - 1
Edinburgh -7 6 £280 -41.05% 1
Glasgow - 5 £375 -
Canary Wharf +6 3 £650 +30.00%
Yorkshire -1 3 £350 -6.66% 1
West Sussex - 3 £310 -
Wales - 3 - -
North Wales - 3 - -
Burgess Hill - 3 £310 -
Wrexham - 3 - -
Docklands, London +5 2 £538 -17.30%
Sheffield - 2 £350 -
Basingstoke - 2 £525 -
Hampshire - 2 £525 -
South Yorkshire - 2 £350 - 1
Inverclyde - 1 £345 -
Greenock - 1 £345 -
Cambridgeshire - 1 £600 -
North Yorkshire - 1 £450 -
Birmingham - 1 £396 - 1
West Midlands - 1 £396 - 3
East of England - 1 £600 -
Harrogate - 1 £450 -
Bromley - 1 £550 -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 26 June 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 with a requirement for Foreign Exchange (FX).

1 528 (46.89%) Front Office
2 481 (42.72%) Banking
3 436 (38.72%) Finance
4 376 (33.39%) Java
5 285 (25.31%) Investment Banking
6 279 (24.78%) SQL
7 257 (22.82%) C#
8 239 (21.23%) Derivative
9 228 (20.25%) Electronic Trading
10 213 (18.92%) Multithreading
11 212 (18.83%) Low Latency
12 208 (18.47%) C++
13 204 (18.12%) Agile Software Development
14 202 (17.94%) Fixed Income
15 190 (16.87%) Linux
16 184 (16.34%) Unix
17 158 (14.03%) Equities
18 148 (13.14%) Risk Management
19 139 (12.34%) Oracle
20 133 (11.81%) Analytical Skills
21 122 (10.83%) Python
22 114 (10.12%) TDD
23 106 (9.41%) E-Commerce
24 99 (8.79%) Algorithmic Trading
25 97 (8.61%) HTML
26 92 (8.17%) Business Analysis
27 88 (7.82%) WPF
28 87 (7.73%) FIX Protocol
29 82 (7.28%) Murex
30 81 (7.19%) Project Management

Foreign Exchange (FX)
Top Related IT Skills 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:

Application Platforms
1 31 (2.75%) WebSphere
2 28 (2.49%) Oracle Coherence
3 27 (2.40%) Confluence
4 20 (1.78%) WebLogic
5 14 (1.24%) IIS
6 7 (0.62%) Apache Spark
6 7 (0.62%) Tomcat
6 7 (0.62%) WebSphere Application Server
7 5 (0.44%) Mule
8 4 (0.36%) SAS
8 4 (0.36%) SharePoint
9 3 (0.27%) Apache
9 3 (0.27%) MS Exchange
9 3 (0.27%) OpenStack
10 2 (0.18%) Exchange Server 2013
10 2 (0.18%) GemFire
10 2 (0.18%) JBoss
10 2 (0.18%) Jetty
11 1 (0.089%) Exchange Server 2010
11 1 (0.089%) NServiceBus
Applications
1 15 (1.33%) MS Excel
2 9 (0.80%) MS Visio
3 8 (0.71%) Photoshop
4 7 (0.62%) Adobe Illustrator
5 5 (0.44%) MS Office
5 5 (0.44%) MS PowerPoint
5 5 (0.44%) Spreadsheet
6 2 (0.18%) Mathematica
7 1 (0.089%) Houdini
7 1 (0.089%) Maya
Business Applications
1 13 (1.15%) ION MarketView
2 8 (0.71%) Summit
3 7 (0.62%) RMDS
4 4 (0.36%) Markit EDM
5 3 (0.27%) Front Arena
5 3 (0.27%) Loan IQ
5 3 (0.27%) MetaTrader
5 3 (0.27%) SAP FI
5 3 (0.27%) SimCorp Dimension
5 3 (0.27%) SunGard Martini
6 2 (0.18%) Oracle EBS
6 2 (0.18%) Oracle ERP
6 2 (0.18%) Oracle Payables
6 2 (0.18%) SAP Oil and Gas
7 1 (0.089%) Eikon
7 1 (0.089%) IntelliMatch
7 1 (0.089%) Oracle Subledger Accounting
7 1 (0.089%) SunGard GMI
7 1 (0.089%) thinkFolio
7 1 (0.089%) TradeThru
Cloud Services
1 8 (0.71%) Microsoft Azure
2 7 (0.62%) Cloud Computing
3 5 (0.44%) Amazon AWS
4 3 (0.27%) OpenShift
4 3 (0.27%) PaaS
5 2 (0.18%) Office 365
Communications & Networking
1 32 (2.84%) Firewall
2 23 (2.04%) TCP/IP
3 16 (1.42%) Multicast
4 11 (0.98%) SAN
5 5 (0.44%) NAS
6 4 (0.36%) Internet
7 3 (0.27%) Fibre Channel
7 3 (0.27%) FTP
7 3 (0.27%) iSCSI
7 3 (0.27%) LAN
7 3 (0.27%) SSL
7 3 (0.27%) VPN
7 3 (0.27%) WAN
8 2 (0.18%) ATM
8 2 (0.18%) BGP
8 2 (0.18%) FCoE
9 1 (0.089%) DSL
9 1 (0.089%) Intranet
9 1 (0.089%) Network Security
9 1 (0.089%) NGN
Database & Business Intelligence
1 71 (6.31%) SQL Server
2 41 (3.64%) KDB
3 40 (3.55%) Relational Database
4 22 (1.95%) Oracle Database
5 16 (1.42%) Tick Data
6 14 (1.24%) QlikView
7 12 (1.07%) Data Mart
8 11 (0.98%) Data Warehouse
8 11 (0.98%) SQL Server Integration Services
9 9 (0.80%) Apache Cassandra
9 9 (0.80%) Big Data
9 9 (0.80%) Hadoop
9 9 (0.80%) SQL Server Reporting Services
10 7 (0.62%) PostgreSQL
10 7 (0.62%) RDBMS
11 6 (0.53%) SQL Server 2012
12 5 (0.44%) InfluxDB
12 5 (0.44%) OLAP
13 4 (0.36%) Amazon Redshift
13 4 (0.36%) SQL Server 2008
Development Applications
1 66 (5.86%) JIRA
2 51 (4.53%) Maven
3 42 (3.73%) Selenium
4 28 (2.49%) JUnit
5 26 (2.31%) Grunt
5 26 (2.31%) Jenkins
6 24 (2.13%) Subversion
7 19 (1.69%) Cucumber
7 19 (1.69%) gulp
8 16 (1.42%) Gradle
8 16 (1.42%) TeamCity
9 15 (1.33%) SoapUI
10 14 (1.24%) Ant
10 14 (1.24%) jMock
11 12 (1.07%) WebDriver
12 11 (0.98%) Hudson
12 11 (0.98%) JMeter
13 10 (0.89%) Git (software)
14 8 (0.71%) JBehave
14 8 (0.71%) Mockito
General
1 528 (46.89%) Front Office
2 481 (42.72%) Banking
3 436 (38.72%) Finance
4 285 (25.31%) Investment Banking
5 68 (6.04%) Back Office
6 22 (1.95%) Retail
7 17 (1.51%) Financial Institution
8 12 (1.07%) Legal
9 10 (0.89%) Telecoms
10 8 (0.71%) General Ledger
10 8 (0.71%) Retail Banking
11 6 (0.53%) Games
12 3 (0.27%) Billing
12 3 (0.27%) International Banking
13 2 (0.18%) Corporate Banking
13 2 (0.18%) French Language
13 2 (0.18%) Law
13 2 (0.18%) Marketing
13 2 (0.18%) Spanish Language
14 1 (0.089%) Manufacturing
Job Titles
1 541 (48.05%) Developer
2 308 (27.35%) Analyst
3 208 (18.47%) Java Developer
4 194 (17.23%) Business Analyst
5 112 (9.95%) C# Developer
6 100 (8.88%) Senior Developer
7 95 (8.44%) C++ Developer
8 76 (6.75%) Front Office Developer
9 62 (5.51%) Project Manager
10 57 (5.06%) FX Business Analyst
11 52 (4.62%) Senior Java Developer
12 51 (4.53%) Applications Support
13 49 (4.35%) Banking Analyst
14 47 (4.17%) Support Analyst
15 44 (3.91%) Senior Analyst
16 36 (3.20%) Investment Banking Business Analyst
17 35 (3.11%) Murex Analyst
17 35 (3.11%) Test Analyst
18 33 (2.93%) Electronic Trading Developer
19 32 (2.84%) Murex Business Analyst
Libraries, Frameworks & Software Standards
1 97 (8.61%) HTML
2 88 (7.82%) WPF
3 87 (7.73%) FIX Protocol
4 78 (6.93%) Spring
4 78 (6.93%) XML
5 71 (6.31%) HTML5
6 69 (6.13%) .NET
7 63 (5.60%) AngularJS
8 50 (4.44%) Hibernate
9 46 (4.09%) CSS
10 45 (4.00%) WinForms
11 44 (3.91%) JMS
12 38 (3.37%) REST
13 34 (3.02%) Java EE
14 27 (2.40%) Middleware
15 26 (2.31%) Rendezvous
15 26 (2.31%) Web Services
16 25 (2.22%) Reactive Extensions
17 24 (2.13%) XSLT
18 23 (2.04%) RequireJS
Miscellaneous
1 239 (21.23%) Derivative
2 202 (17.94%) Fixed Income
3 158 (14.03%) Equities
4 133 (11.81%) Analytical Skills
5 49 (4.35%) Computer Science
6 43 (3.82%) Market Risk
7 42 (3.73%) Credit Derivative
8 36 (3.20%) Credit Risk
9 33 (2.93%) Algorithms
9 33 (2.93%) Mathematics
10 31 (2.75%) Grid Computing
11 30 (2.66%) User Experience
12 29 (2.58%) Equity Derivative
12 29 (2.58%) SWIFT
13 24 (2.13%) Data Structures
14 21 (1.87%) OTC Derivatives
15 15 (1.33%) Fintech
16 12 (1.07%) Interest Rate Derivative
16 12 (1.07%) Reference Data
17 11 (0.98%) Hedge funds
Operating Systems
1 190 (16.87%) Linux
2 184 (16.34%) Unix
3 65 (5.77%) Windows
4 16 (1.42%) Red Hat Enterprise Linux
5 14 (1.24%) Solaris
6 9 (0.80%) Windows Server
7 7 (0.62%) Windows Server 2008
8 6 (0.53%) Windows 7
9 5 (0.44%) Windows Server 2012
10 4 (0.36%) Windows 8
11 3 (0.27%) Windows Server 2003
12 2 (0.18%) Android
13 1 (0.089%) Ubuntu
13 1 (0.089%) Windows XP
Processes & Methodologies
1 228 (20.25%) Electronic Trading
2 213 (18.92%) Multithreading
3 212 (18.83%) Low Latency
4 204 (18.12%) Agile Software Development
5 148 (13.14%) Risk Management
6 114 (10.12%) TDD
7 106 (9.41%) E-Commerce
8 99 (8.79%) Algorithmic Trading
9 92 (8.17%) Business Analysis
10 81 (7.19%) Project Management
11 79 (7.02%) Migration
12 75 (6.66%) Market Making
12 75 (6.66%) Stakeholder Management
13 71 (6.31%) OO
14 53 (4.71%) User Acceptance Testing
15 51 (4.53%) Analytics
15 51 (4.53%) Unit Testing
16 44 (3.91%) Performance Optimisation
16 44 (3.91%) SDLC
17 42 (3.73%) Continuous Integration
Programming Languages
1 376 (33.39%) Java
2 279 (24.78%) SQL
3 257 (22.82%) C#
4 208 (18.47%) C++
5 122 (10.83%) Python
6 79 (7.02%) JavaScript
7 64 (5.68%) Perl
8 29 (2.58%) Shell Script
9 17 (1.51%) VBA
10 13 (1.15%) Bash Shell
10 13 (1.15%) PL/SQL
10 13 (1.15%) TypeScript
11 11 (0.98%) Groovy
11 11 (0.98%) T-SQL
12 10 (0.89%) Scala
13 9 (0.80%) Haskell
14 8 (0.71%) PowerShell
15 7 (0.62%) VB
16 6 (0.53%) C
16 6 (0.53%) MATLAB
Qualifications
1 78 (6.93%) Degree
2 35 (3.11%) PhD
3 26 (2.31%) ISEB
4 18 (1.60%) ISTQB
5 9 (0.80%) PMI Certification
6 5 (0.44%) ITIL Certification
7 4 (0.36%) PMP
8 3 (0.27%) CFA
8 3 (0.27%) ISTQB Foundation Certification
9 2 (0.18%) VMware Certified Professional (VCP)
10 1 (0.089%) CCIE
10 1 (0.089%) Cisco Certification
10 1 (0.089%) ISEB Practitioner
10 1 (0.089%) PRINCE2 Certification
10 1 (0.089%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 79 (7.02%) QA
2 23 (2.04%) MiFID
3 12 (1.07%) Dodd-Frank
4 10 (0.89%) EMIR
5 4 (0.36%) SLA
6 3 (0.27%) Sarbanes-Oxley
6 3 (0.27%) Solvency II
7 2 (0.18%) Basel III
7 2 (0.18%) COREP
7 2 (0.18%) CRD IV
7 2 (0.18%) Data Quality
7 2 (0.18%) FATCA
7 2 (0.18%) SEPA
8 1 (0.089%) SDET
System Software
1 7 (0.62%) VMware Infrastructure
2 6 (0.53%) Docker
3 4 (0.36%) VMware ESX
4 3 (0.27%) Hyper-V
4 3 (0.27%) NFS
5 2 (0.18%) Active Directory
5 2 (0.18%) KVM
5 2 (0.18%) Platform Symphony
5 2 (0.18%) SRDF
5 2 (0.18%) Xen
6 1 (0.089%) vCloud
6 1 (0.089%) Veritas Cluster Server
Systems Management
1 28 (2.49%) ITRS Geneos
2 11 (0.98%) Puppet
3 9 (0.80%) HP Quality Center
4 6 (0.53%) Control-M
5 5 (0.44%) Ansible
5 5 (0.44%) Nagios
6 4 (0.36%) Grafana
6 4 (0.36%) NetBackup
6 4 (0.36%) Tivoli
6 4 (0.36%) yum
7 3 (0.27%) BladeLogic
7 3 (0.27%) BMC PATROL
7 3 (0.27%) Graphite
8 2 (0.18%) Opscode Chef
8 2 (0.18%) SCOM
9 1 (0.089%) Backup Exec
9 1 (0.089%) Cobbler
9 1 (0.089%) HP Data Protector
9 1 (0.089%) HP SIM
9 1 (0.089%) MOM
Vendors
1 139 (12.34%) Oracle
2 82 (7.28%) Murex
3 58 (5.15%) Sybase
4 39 (3.46%) TIBCO
5 34 (3.02%) Calypso
5 34 (3.02%) Microsoft
6 25 (2.22%) DataSynapse
7 24 (2.13%) Reuters
8 22 (1.95%) Adobe
9 21 (1.87%) Splunk
10 20 (1.78%) Bloomberg
11 19 (1.69%) Red Hat
12 18 (1.60%) Atlassian
12 18 (1.60%) ION Trading
13 14 (1.24%) Cognos
14 11 (0.98%) Fidessa
14 11 (0.98%) Rally
14 11 (0.98%) SAP
15 10 (0.89%) VMware
16 8 (0.71%) Informatica
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