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 29 September 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
29 Sep 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 275 236 189
Rank change year-on-year
-39 -47
Contract jobs citing Foreign Exchange (FX) 457 571 686
As % of all contract IT jobs located in the UK 0.86% 0.98% 1.18%
As % of the Miscellaneous category 2.57% 2.98% 3.67%
Number of daily rates quoted 344 415 516
Median daily rate £575 £575 £600
Median daily rate % change year-on-year
- -4.16%
90% offered a daily rate of more than £400 £400 £450
10% offered a daily rate of more than £700 £700 £700
UK excluding London median daily rate £351 £650 £400
% change year-on-year
-46.07% +62.50%
Number of hourly rates quoted 0 1 1
Median hourly rate - £16.50 £18.00
Median hourly rate % change year-on-year
- -8.33%
UK excluding London median hourly rate - £16.50 -

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
17771 19133 18680
As % of all contract IT jobs located in the UK 33.30% 32.99% 32.16%
Number of daily rates quoted 11506 11963 11343
Median daily rate £425 £425 £405
Median daily rate % change year-on-year
- +4.93%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £600 £608 £600
UK excluding London median daily rate £375 £377 £350
% change year-on-year
-0.53% +7.71%
Number of hourly rates quoted 648 813 810
Median hourly rate £20.00 £19.03 £18.50
Median hourly rate % change year-on-year
+5.09% +2.86%
90% offered a hourly rate of more than £11.72 £11.99 £12.00
10% offered a hourly rate of more than £44.00 £44.60 £43.00
UK excluding London median hourly rate £21.00 £18.88 £17.50
% change year-on-year
+11.22% +7.88%

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 29 September 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)
Top 27 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 29 September 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 -47 448 £575 - 97
London -36 424 £575 - 84
City of London -10 121 £575 - 29
Canary Wharf +2 11 £375 -28.57%
Liverpool +10 9 £325 -27.77%
North West +8 9 £325 -27.77% 1
Merseyside +7 9 £325 -27.77%
South East +18 8 £344 -47.15% 3
Scotland +16 8 £413 -8.33% 1
East Sussex - 7 £344 -
Glasgow +10 4 £400 - 1
Edinburgh +14 3 £413 +22.22%
Swindon - 3 £500 -
Wiltshire - 3 £500 -
South West - 3 £500 - 1
Docklands, London +7 2 - -
Surrey +7 1 £550 +7.31% 2
County Antrim -4 1 £375 -6.25% 1
Belfast -5 1 £375 -6.25% 1
Northern Ireland -5 1 £375 -6.25% 1
Mayfair - 1 £550 -
Tyne and Wear - 1 £93 -
North East - 1 £93 -
Brentford - 1 £400 -
Dunfermline - 1 £250 -
Newcastle upon Tyne - 1 £93 -
Fife - 1 £250 -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 29 September 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).

1 384 (41.83%) Finance
2 380 (41.39%) Banking
3 357 (38.89%) Front Office
4 287 (31.26%) Java
5 237 (25.82%) Agile Software Development
6 215 (23.42%) SQL
7 200 (21.79%) Investment Banking
8 184 (20.04%) Fixed Income
9 167 (18.19%) Electronic Trading
10 160 (17.43%) C#
11 158 (17.21%) Derivative
12 154 (16.78%) Low Latency
13 133 (14.49%) Equities
14 130 (14.16%) Multithreading
15 124 (13.51%) Unix
16 121 (13.18%) Linux
17 118 (12.85%) Risk Management
18 111 (12.09%) Python
19 110 (11.98%) C++
20 104 (11.33%) Oracle
21 98 (10.68%) Analytical Skills
22 89 (9.69%) JavaScript
23 87 (9.48%) HTML
24 83 (9.04%) Business Analysis
25 80 (8.71%) SQL Server
26 78 (8.50%) TDD
27 73 (7.95%) Degree
27 73 (7.95%) Project Management
27 73 (7.95%) Algorithmic Trading
28 70 (7.63%) FIX Protocol

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 38 (4.14%) Confluence
2 32 (3.49%) WebSphere
3 21 (2.29%) IIS
4 16 (1.74%) WebLogic
5 12 (1.31%) Apache Spark
6 7 (0.76%) Adobe Experience Manager
7 6 (0.65%) CMS
8 4 (0.44%) OpenStack
8 4 (0.44%) Oracle Coherence
8 4 (0.44%) SAS
8 4 (0.44%) WebSphere Application Server
9 3 (0.33%) JBoss
9 3 (0.33%) Oracle Workflow
9 3 (0.33%) Tomcat
10 2 (0.22%) BizTalk Server
10 2 (0.22%) MQSeries
11 1 (0.11%) Apache
11 1 (0.11%) CICS
11 1 (0.11%) MS Exchange
11 1 (0.11%) NServiceBus
Applications
1 16 (1.74%) MS Excel
2 10 (1.09%) MS Visio
3 9 (0.98%) MS Office
4 7 (0.76%) Photoshop
5 5 (0.54%) MS PowerPoint
6 4 (0.44%) MS Project
7 3 (0.33%) Mathematica
8 1 (0.11%) Houdini
8 1 (0.11%) LaTeX
8 1 (0.11%) Maya
8 1 (0.11%) Open Workbench
8 1 (0.11%) Spreadsheet
Business Applications
1 20 (2.18%) RMDS
2 14 (1.53%) ION MarketView
2 14 (1.53%) SAP FI
3 6 (0.65%) thinkFolio
4 5 (0.54%) SAP Oil and Gas
5 4 (0.44%) Findur
5 4 (0.44%) SAP CO
5 4 (0.44%) SAP FI/CO
6 3 (0.33%) SimCorp Dimension
6 3 (0.33%) Summit
7 2 (0.22%) Bloomberg TOMS
7 2 (0.22%) Markit EDM
7 2 (0.22%) SunGard GMI
8 1 (0.11%) Eikon
8 1 (0.11%) IntelliMatch
8 1 (0.11%) Kondor
8 1 (0.11%) MetaTrader
8 1 (0.11%) Murex MxG2000
8 1 (0.11%) Oracle Subledger Accounting
8 1 (0.11%) SAP BPC
Cloud Services
1 6 (0.65%) Microsoft Azure
2 4 (0.44%) Cloud Computing
2 4 (0.44%) OpenShift
2 4 (0.44%) PaaS
3 3 (0.33%) Amazon AWS
4 1 (0.11%) Heroku
Communications & Networking
1 25 (2.72%) Firewall
1 25 (2.72%) TCP/IP
2 13 (1.42%) SAN
3 12 (1.31%) Multicast
4 7 (0.76%) DSL
5 6 (0.65%) NAS
6 5 (0.54%) LAN
7 4 (0.44%) Internet
7 4 (0.44%) WAN
8 3 (0.33%) FCoE
8 3 (0.33%) Fibre Channel
8 3 (0.33%) FTP
8 3 (0.33%) iSCSI
8 3 (0.33%) SSL
8 3 (0.33%) VPN
9 2 (0.22%) ATM
10 1 (0.11%) CTI
10 1 (0.11%) Network Security
10 1 (0.11%) NGN
10 1 (0.11%) SNA
Database & Business Intelligence
1 80 (8.71%) SQL Server
2 32 (3.49%) Relational Database
3 19 (2.07%) Big Data
4 17 (1.85%) Hadoop
5 14 (1.53%) Data Warehouse
5 14 (1.53%) KDB
6 12 (1.31%) SQL Server 2008
7 10 (1.09%) Data Mart
7 10 (1.09%) RDBMS
8 9 (0.98%) Apache Cassandra
9 8 (0.87%) NoSQL
9 8 (0.87%) SQL Server 2012
10 7 (0.76%) QlikView
10 7 (0.76%) SQL Server Integration Services
10 7 (0.76%) SQL Server Reporting Services
10 7 (0.76%) Tick Data
11 6 (0.65%) Data Lake
11 6 (0.65%) Oracle Database
11 6 (0.65%) Spotfire
11 6 (0.65%) SQL Server 2005
Development Applications
1 67 (7.30%) JIRA
2 55 (5.99%) Maven
3 40 (4.36%) Selenium
4 38 (4.14%) JUnit
5 34 (3.70%) Subversion
6 33 (3.59%) Jenkins
7 24 (2.61%) Cucumber
8 23 (2.51%) Gradle
9 20 (2.18%) Ant
9 20 (2.18%) Git (software)
9 20 (2.18%) SoapUI
10 19 (2.07%) jMock
10 19 (2.07%) TeamCity
11 18 (1.96%) JMeter
12 17 (1.85%) WebDriver
13 16 (1.74%) Grunt
13 16 (1.74%) Hudson
14 9 (0.98%) JBehave
15 8 (0.87%) gulp
16 7 (0.76%) Vagrant
General
1 384 (41.83%) Finance
2 380 (41.39%) Banking
3 357 (38.89%) Front Office
4 200 (21.79%) Investment Banking
5 49 (5.34%) Back Office
6 24 (2.61%) Financial Institution
7 22 (2.40%) Retail
8 16 (1.74%) Legal
9 7 (0.76%) Retail Banking
9 7 (0.76%) Telecoms
10 6 (0.65%) General Ledger
11 4 (0.44%) Law
11 4 (0.44%) Marketing
12 3 (0.33%) Corporate Banking
12 3 (0.33%) Electronics
12 3 (0.33%) Manufacturing
13 2 (0.22%) Advertising
13 2 (0.22%) French Language
13 2 (0.22%) Spanish Language
14 1 (0.11%) Games
Job Titles
1 392 (42.70%) Developer
2 287 (31.26%) Analyst
3 168 (18.30%) Business Analyst
4 147 (16.01%) Java Developer
5 79 (8.61%) C# Developer
6 68 (7.41%) Senior Developer
7 63 (6.86%) Project Manager
8 53 (5.77%) C++ Developer
9 48 (5.23%) Front Office Developer
10 44 (4.79%) Banking Analyst
10 44 (4.79%) FX Business Analyst
11 41 (4.47%) Test Analyst
12 38 (4.14%) Support Analyst
13 37 (4.03%) Consultant
14 36 (3.92%) Senior Java Developer
15 34 (3.70%) Senior Analyst
16 32 (3.49%) Applications Support
17 28 (3.05%) Architect
17 28 (3.05%) FX Support Analyst
17 28 (3.05%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 87 (9.48%) HTML
2 70 (7.63%) FIX Protocol
3 65 (7.08%) HTML5
4 64 (6.97%) XML
5 61 (6.64%) AngularJS
5 61 (6.64%) WPF
6 60 (6.54%) .NET
7 55 (5.99%) Spring
8 47 (5.12%) CSS
9 44 (4.79%) Hibernate
10 38 (4.14%) JMS
10 38 (4.14%) REST
11 36 (3.92%) Java EE
11 36 (3.92%) Web Services
12 34 (3.70%) Rendezvous
13 28 (3.05%) Middleware
13 28 (3.05%) WinForms
14 24 (2.61%) FpML
15 20 (2.18%) WebSphere MQ
16 19 (2.07%) Ajax
Miscellaneous
1 184 (20.04%) Fixed Income
2 158 (17.21%) Derivative
3 133 (14.49%) Equities
4 98 (10.68%) Analytical Skills
5 40 (4.36%) Computer Science
6 36 (3.92%) Market Risk
7 27 (2.94%) User Experience
8 26 (2.83%) Algorithms
9 25 (2.72%) Credit Derivative
10 24 (2.61%) Data Structures
10 24 (2.61%) Fintech
10 24 (2.61%) Mathematics
11 23 (2.51%) SWIFT
12 19 (2.07%) Equity Derivative
13 18 (1.96%) OTC Derivatives
14 16 (1.74%) Hedge funds
15 15 (1.63%) Reference Data
16 13 (1.42%) Virtual Team
17 11 (1.20%) Credit Risk
17 11 (1.20%) Statistics
Operating Systems
1 124 (13.51%) Unix
2 121 (13.18%) Linux
3 55 (5.99%) Windows
4 11 (1.20%) Red Hat Enterprise Linux
4 11 (1.20%) Solaris
5 7 (0.76%) Windows Server 2008
6 6 (0.65%) Windows Server 2012
7 3 (0.33%) Windows Server
8 2 (0.22%) Windows 7
Processes & Methodologies
1 237 (25.82%) Agile Software Development
2 167 (18.19%) Electronic Trading
3 154 (16.78%) Low Latency
4 130 (14.16%) Multithreading
5 118 (12.85%) Risk Management
6 83 (9.04%) Business Analysis
7 78 (8.50%) TDD
8 73 (7.95%) Algorithmic Trading
8 73 (7.95%) Project Management
9 64 (6.97%) E-Commerce
10 63 (6.86%) Stakeholder Management
11 56 (6.10%) OO
12 51 (5.56%) Migration
13 48 (5.23%) Continuous Integration
13 48 (5.23%) Market Making
13 48 (5.23%) Unit Testing
14 42 (4.58%) BDD
14 42 (4.58%) DevOps
15 40 (4.36%) User Acceptance Testing
16 39 (4.25%) Regression Testing
Programming Languages
1 287 (31.26%) Java
2 215 (23.42%) SQL
3 160 (17.43%) C#
4 111 (12.09%) Python
5 110 (11.98%) C++
6 89 (9.69%) JavaScript
7 30 (3.27%) Perl
8 19 (2.07%) Shell Script
9 16 (1.74%) Groovy
10 15 (1.63%) VBA
11 13 (1.42%) Scala
12 12 (1.31%) Haskell
13 11 (1.20%) PL/SQL
13 11 (1.20%) TypeScript
14 10 (1.09%) PowerShell
15 9 (0.98%) MATLAB
16 7 (0.76%) C
16 7 (0.76%) R
17 6 (0.65%) T-SQL
17 6 (0.65%) XAML
Qualifications
1 73 (7.95%) Degree
2 29 (3.16%) ISEB
3 17 (1.85%) ISTQB
3 17 (1.85%) PhD
4 3 (0.33%) CFA
4 3 (0.33%) ISEB Practitioner
4 3 (0.33%) ISTQB Foundation Certification
4 3 (0.33%) PMP
5 2 (0.22%) PRINCE2 Practitioner
6 1 (0.11%) MBA
6 1 (0.11%) PMI Certification
6 1 (0.11%) PRINCE2 Certification
6 1 (0.11%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 60 (6.54%) QA
2 45 (4.90%) MiFID
3 22 (2.40%) EMIR
4 17 (1.85%) Dodd-Frank
5 7 (0.76%) SDET
6 6 (0.65%) SLA
7 5 (0.54%) SEPA
8 4 (0.44%) FATCA
8 4 (0.44%) GAAP
9 3 (0.33%) Basel III
9 3 (0.33%) Sarbanes-Oxley
9 3 (0.33%) Solvency II
10 2 (0.22%) Basel II
11 1 (0.11%) COREP
11 1 (0.11%) CRD IV
System Software
1 11 (1.20%) Docker
1 11 (1.20%) VMware Infrastructure
2 6 (0.65%) VMware ESX
3 5 (0.54%) HDFS
4 3 (0.33%) Hyper-V
4 3 (0.33%) KVM
4 3 (0.33%) NFS
4 3 (0.33%) SRDF
4 3 (0.33%) Xen
5 1 (0.11%) Apache Flume
5 1 (0.11%) Apache ZooKeeper
5 1 (0.11%) vCloud
5 1 (0.11%) Veritas Cluster Server
Systems Management
1 22 (2.40%) Puppet
2 11 (1.20%) ITRS Geneos
3 7 (0.76%) HP Quality Center
4 6 (0.65%) Ansible
4 6 (0.65%) NetBackup
5 5 (0.54%) Control-M
6 4 (0.44%) yum
7 3 (0.33%) BladeLogic
7 3 (0.33%) BMC PATROL
7 3 (0.33%) Nagios
8 1 (0.11%) Cobbler
8 1 (0.11%) Ganglia
8 1 (0.11%) Grafana
8 1 (0.11%) Graphite
8 1 (0.11%) Hadoop YARN
8 1 (0.11%) Kibana
8 1 (0.11%) logstash
8 1 (0.11%) Opscode Chef
8 1 (0.11%) Thomson Reuters DACS
8 1 (0.11%) Tivoli
Vendors
1 104 (11.33%) Oracle
2 60 (6.54%) Murex
3 44 (4.79%) TIBCO
4 38 (4.14%) Sybase
5 32 (3.49%) Atlassian
6 27 (2.94%) SAP
7 21 (2.29%) Reuters
8 20 (2.18%) Microsoft
9 19 (2.07%) FXall
10 18 (1.96%) ION Trading
11 16 (1.74%) Bloomberg
11 16 (1.74%) Currenex
11 16 (1.74%) Rally
12 14 (1.53%) Red Hat
12 14 (1.53%) Sun
12 14 (1.53%) VMware
13 13 (1.42%) Calypso
13 13 (1.42%) HP
13 13 (1.42%) Informatica
14 12 (1.31%) Adobe
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