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 25 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
25 Jul 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 293 237 192
Rank change year-on-year
-56 -45
Contract jobs citing Foreign Exchange (FX) 444 562 613
As % of all contract IT jobs located in the UK 0.82% 0.99% 1.14%
As % of the Miscellaneous category 2.45% 3.05% 3.51%
Number of daily rates quoted 357 459 476
Median daily rate £600 £600 £605
Median daily rate % change year-on-year
- -0.82%
90% offered a daily rate of more than £400 £450 £450
10% offered a daily rate of more than £700 £725 £700
UK excluding London median daily rate £375 £450 £375
% change year-on-year
-16.66% +20.00%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £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
18103 18403 17457
As % of all contract IT jobs located in the UK 33.51% 32.31% 32.40%
Number of daily rates quoted 11674 11543 10561
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 £250 £250 £235
10% offered a daily rate of more than £600 £612 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 637 722 697
Median hourly rate £20.83 £18.50 £20.00
Median hourly rate % change year-on-year
+12.59% -7.50%
90% offered a hourly rate of more than £12.00 £12.00 £12.50
10% offered a hourly rate of more than £46.00 £47.35 £45.00
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

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 25 July 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 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 25 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
England -55 425 £600 - 114
London -38 401 £600 - 106
City of London -16 79 £575 -8.00% 29
South East +16 18 £438 -2.77% 5
Scotland +4 14 £375 -16.66% 1
Surrey - 9 £488 - 4
Edinburgh 0 7 £280 -31.07%
Glasgow - 6 £375 - 1
East Sussex - 5 £350 - 1
Yorkshire - 3 £350 -
North Wales - 3 - -
Wales - 3 - -
West Sussex - 3 £310 -
Wrexham - 3 - -
Burgess Hill - 3 £310 -
South Yorkshire - 2 £350 -
Sheffield - 2 £350 -
East of England +20 1 £600 -
Cambridgeshire +16 1 £600 -
Cambridge +12 1 £600 -
Docklands, London +9 1 £600 -7.69%
Brentford - 1 £400 -
North Yorkshire - 1 £450 -
Basingstoke - 1 £525 -
Harrogate - 1 £450 -
Newcastle upon Tyne - 1 £93 -
Tyne and Wear - 1 £93 -
Hampshire - 1 £525 -
Birmingham - 1 £396 - 2
North East - 1 £93 -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 25 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 with a requirement for Foreign Exchange (FX).

1 473 (44.16%) Front Office
2 449 (41.92%) Banking
3 410 (38.28%) Finance
4 357 (33.33%) Java
5 260 (24.28%) Investment Banking
6 256 (23.90%) SQL
7 235 (21.94%) C#
8 222 (20.73%) Agile Software Development
9 217 (20.26%) Electronic Trading
10 203 (18.95%) Derivative
11 202 (18.86%) Low Latency
12 200 (18.67%) Multithreading
13 190 (17.74%) C++
14 187 (17.46%) Fixed Income
15 174 (16.25%) Linux
16 156 (14.57%) Unix
17 140 (13.07%) Equities
18 134 (12.51%) Risk Management
19 117 (10.92%) Oracle
19 117 (10.92%) Analytical Skills
20 115 (10.74%) Python
21 107 (9.99%) HTML
22 103 (9.62%) E-Commerce
23 96 (8.96%) TDD
24 95 (8.87%) JavaScript
25 88 (8.22%) WPF
26 85 (7.94%) Algorithmic Trading
27 81 (7.56%) HTML5
27 81 (7.56%) Business Analysis
28 80 (7.47%) 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 32 (2.99%) Confluence
2 31 (2.89%) WebSphere
3 21 (1.96%) WebLogic
4 16 (1.49%) Oracle Coherence
5 14 (1.31%) IIS
6 7 (0.65%) Apache Spark
6 7 (0.65%) Tomcat
6 7 (0.65%) WebSphere Application Server
7 5 (0.47%) Mule
8 4 (0.37%) Adobe Experience Manager
8 4 (0.37%) CMS
8 4 (0.37%) OpenStack
8 4 (0.37%) SAS
8 4 (0.37%) SharePoint
9 3 (0.28%) Apache
9 3 (0.28%) JBoss
10 2 (0.19%) BizTalk Server
10 2 (0.19%) Exchange Server 2013
10 2 (0.19%) Jetty
10 2 (0.19%) MS Exchange
Applications
1 20 (1.87%) MS Excel
2 12 (1.12%) MS Visio
3 11 (1.03%) MS Office
4 9 (0.84%) Photoshop
5 6 (0.56%) MS PowerPoint
6 5 (0.47%) Spreadsheet
7 4 (0.37%) Adobe Illustrator
8 2 (0.19%) Mathematica
9 1 (0.093%) Houdini
9 1 (0.093%) Maya
Business Applications
1 13 (1.21%) ION MarketView
2 8 (0.75%) Summit
3 7 (0.65%) RMDS
4 3 (0.28%) Loan IQ
4 3 (0.28%) SAP FI
4 3 (0.28%) SunGard Martini
5 2 (0.19%) Bloomberg TOMS
5 2 (0.19%) SAP Oil and Gas
5 2 (0.19%) SimCorp Dimension
5 2 (0.19%) thinkFolio
6 1 (0.093%) Eikon
6 1 (0.093%) Findur
6 1 (0.093%) Front Arena
6 1 (0.093%) IntelliMatch
6 1 (0.093%) Kondor
6 1 (0.093%) MetaTrader
6 1 (0.093%) OpenText MBPM
6 1 (0.093%) SAP BPC
6 1 (0.093%) Temenos T24
6 1 (0.093%) TradeThru
Cloud Services
1 7 (0.65%) Cloud Computing
1 7 (0.65%) Microsoft Azure
2 4 (0.37%) Amazon AWS
2 4 (0.37%) OpenShift
2 4 (0.37%) PaaS
3 1 (0.093%) Heroku
3 1 (0.093%) Office 365
Communications & Networking
1 30 (2.80%) Firewall
2 19 (1.77%) TCP/IP
3 16 (1.49%) Multicast
4 11 (1.03%) SAN
5 6 (0.56%) NAS
6 4 (0.37%) Fibre Channel
6 4 (0.37%) Internet
6 4 (0.37%) iSCSI
6 4 (0.37%) LAN
6 4 (0.37%) WAN
7 3 (0.28%) FCoE
7 3 (0.28%) FTP
7 3 (0.28%) SSL
7 3 (0.28%) VPN
8 2 (0.19%) ATM
8 2 (0.19%) BGP
9 1 (0.093%) DSL
9 1 (0.093%) Network Security
9 1 (0.093%) NGN
9 1 (0.093%) SNA
Database & Business Intelligence
1 71 (6.63%) SQL Server
2 40 (3.73%) Relational Database
3 30 (2.80%) KDB
4 21 (1.96%) Oracle Database
5 16 (1.49%) Tick Data
6 13 (1.21%) Data Mart
6 13 (1.21%) Data Warehouse
7 11 (1.03%) QlikView
8 9 (0.84%) Big Data
8 9 (0.84%) Hadoop
9 8 (0.75%) RDBMS
10 7 (0.65%) Apache Cassandra
10 7 (0.65%) SQL Server Integration Services
11 6 (0.56%) PostgreSQL
11 6 (0.56%) SQL Server 2008
11 6 (0.56%) SQL Server 2012
12 5 (0.47%) InfluxDB
12 5 (0.47%) OLAP
12 5 (0.47%) SQL Server Reporting Services
13 4 (0.37%) SQL Server 2005
Development Applications
1 70 (6.54%) JIRA
2 55 (5.14%) Maven
3 48 (4.48%) Selenium
4 29 (2.71%) JUnit
5 27 (2.52%) Jenkins
6 26 (2.43%) Subversion
7 24 (2.24%) Grunt
8 20 (1.87%) Cucumber
8 20 (1.87%) TeamCity
9 17 (1.59%) gulp
10 16 (1.49%) Gradle
11 15 (1.40%) jMock
11 15 (1.40%) SoapUI
12 14 (1.31%) Ant
13 13 (1.21%) Git (software)
13 13 (1.21%) WebDriver
14 11 (1.03%) Hudson
14 11 (1.03%) JMeter
15 10 (0.93%) JBehave
16 9 (0.84%) Mockito
General
1 473 (44.16%) Front Office
2 449 (41.92%) Banking
3 410 (38.28%) Finance
4 260 (24.28%) Investment Banking
5 60 (5.60%) Back Office
6 24 (2.24%) Retail
7 15 (1.40%) Financial Institution
8 12 (1.12%) Legal
9 10 (0.93%) Telecoms
10 8 (0.75%) General Ledger
11 7 (0.65%) Retail Banking
12 6 (0.56%) Games
13 4 (0.37%) French Language
13 4 (0.37%) Law
14 2 (0.19%) Corporate Banking
14 2 (0.19%) Marketing
14 2 (0.19%) Spanish Language
15 1 (0.093%) Billing
15 1 (0.093%) International Banking
15 1 (0.093%) Wholesale Banking
Job Titles
1 519 (48.46%) Developer
2 269 (25.12%) Analyst
3 182 (16.99%) Java Developer
4 160 (14.94%) Business Analyst
5 108 (10.08%) C# Developer
6 100 (9.34%) Senior Developer
7 92 (8.59%) C++ Developer
8 76 (7.10%) Front Office Developer
9 63 (5.88%) Project Manager
10 51 (4.76%) Senior Java Developer
11 46 (4.30%) Applications Support
12 45 (4.20%) FX Business Analyst
13 43 (4.01%) Banking Analyst
14 38 (3.55%) Test Analyst
15 35 (3.27%) Support Analyst
16 32 (2.99%) Electronic Trading Developer
17 31 (2.89%) Senior Analyst
18 29 (2.71%) Architect
18 29 (2.71%) Quantitative Developer
19 28 (2.61%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 107 (9.99%) HTML
2 88 (8.22%) WPF
3 81 (7.56%) HTML5
4 79 (7.38%) FIX Protocol
5 73 (6.82%) AngularJS
6 72 (6.72%) .NET
7 69 (6.44%) Spring
7 69 (6.44%) XML
8 58 (5.42%) CSS
9 53 (4.95%) Hibernate
10 44 (4.11%) JMS
11 42 (3.92%) WinForms
12 40 (3.73%) REST
13 34 (3.17%) Java EE
14 30 (2.80%) Rendezvous
15 28 (2.61%) Web Services
16 24 (2.24%) Middleware
16 24 (2.24%) XSLT
17 23 (2.15%) Reactive Extensions
18 22 (2.05%) WCF
Miscellaneous
1 203 (18.95%) Derivative
2 187 (17.46%) Fixed Income
3 140 (13.07%) Equities
4 117 (10.92%) Analytical Skills
5 45 (4.20%) Computer Science
6 38 (3.55%) Credit Derivative
7 37 (3.45%) Market Risk
8 33 (3.08%) Mathematics
9 31 (2.89%) Algorithms
9 31 (2.89%) User Experience
10 27 (2.52%) SWIFT
11 25 (2.33%) Credit Risk
12 22 (2.05%) Data Structures
12 22 (2.05%) OTC Derivatives
13 19 (1.77%) Equity Derivative
14 16 (1.49%) Grid Computing
15 14 (1.31%) Fintech
16 13 (1.21%) Reference Data
17 11 (1.03%) Hedge funds
18 9 (0.84%) N-Tier
Operating Systems
1 174 (16.25%) Linux
2 156 (14.57%) Unix
3 58 (5.42%) Windows
4 16 (1.49%) Red Hat Enterprise Linux
5 13 (1.21%) Solaris
6 8 (0.75%) Windows 7
7 7 (0.65%) Windows Server 2008
8 6 (0.56%) Windows Server
9 5 (0.47%) Windows Server 2012
10 4 (0.37%) Windows 8
11 3 (0.28%) Windows Server 2003
12 2 (0.19%) Android
13 1 (0.093%) Ubuntu
13 1 (0.093%) Windows XP
Processes & Methodologies
1 222 (20.73%) Agile Software Development
2 217 (20.26%) Electronic Trading
3 202 (18.86%) Low Latency
4 200 (18.67%) Multithreading
5 134 (12.51%) Risk Management
6 103 (9.62%) E-Commerce
7 96 (8.96%) TDD
8 85 (7.94%) Algorithmic Trading
9 81 (7.56%) Business Analysis
10 80 (7.47%) Project Management
11 74 (6.91%) OO
12 68 (6.35%) Stakeholder Management
13 65 (6.07%) Market Making
14 64 (5.98%) Migration
15 52 (4.86%) User Acceptance Testing
16 50 (4.67%) Unit Testing
17 43 (4.01%) SDLC
18 42 (3.92%) Analytics
18 42 (3.92%) Performance Optimisation
19 41 (3.83%) Continuous Integration
Programming Languages
1 357 (33.33%) Java
2 256 (23.90%) SQL
3 235 (21.94%) C#
4 190 (17.74%) C++
5 115 (10.74%) Python
6 95 (8.87%) JavaScript
7 51 (4.76%) Perl
8 25 (2.33%) Shell Script
9 21 (1.96%) VBA
10 17 (1.59%) TypeScript
11 13 (1.21%) Bash Shell
11 13 (1.21%) PL/SQL
12 11 (1.03%) Groovy
13 10 (0.93%) MATLAB
13 10 (0.93%) Scala
14 9 (0.84%) VB
15 8 (0.75%) Haskell
15 8 (0.75%) PowerShell
16 7 (0.65%) T-SQL
17 5 (0.47%) C
Qualifications
1 66 (6.16%) Degree
2 34 (3.17%) PhD
3 25 (2.33%) ISEB
4 17 (1.59%) ISTQB
5 4 (0.37%) PMI Certification
5 4 (0.37%) PMP
6 3 (0.28%) CFA
6 3 (0.28%) ISTQB Foundation Certification
6 3 (0.28%) ITIL Certification
7 2 (0.19%) PRINCE2 Practitioner
7 2 (0.19%) VMware Certified Professional (VCP)
8 1 (0.093%) ISEB Practitioner
8 1 (0.093%) PRINCE2 Certification
Quality Assurance & Compliance
1 74 (6.91%) QA
2 26 (2.43%) MiFID
3 10 (0.93%) Dodd-Frank
3 10 (0.93%) EMIR
4 4 (0.37%) SLA
5 3 (0.28%) Sarbanes-Oxley
5 3 (0.28%) Solvency II
6 2 (0.19%) Basel III
6 2 (0.19%) COREP
6 2 (0.19%) CRD IV
6 2 (0.19%) Data Quality
6 2 (0.19%) FATCA
6 2 (0.19%) SDET
6 2 (0.19%) SEPA
System Software
1 7 (0.65%) Docker
1 7 (0.65%) VMware Infrastructure
2 4 (0.37%) NFS
2 4 (0.37%) VMware ESX
3 3 (0.28%) Hyper-V
3 3 (0.28%) KVM
3 3 (0.28%) SRDF
3 3 (0.28%) Xen
4 1 (0.093%) Active Directory
4 1 (0.093%) Apache Flume
4 1 (0.093%) Apache ZooKeeper
4 1 (0.093%) HDFS
4 1 (0.093%) vCloud
4 1 (0.093%) Veritas Cluster Server
Systems Management
1 20 (1.87%) ITRS Geneos
2 12 (1.12%) Puppet
3 8 (0.75%) HP Quality Center
4 5 (0.47%) Ansible
4 5 (0.47%) Nagios
4 5 (0.47%) yum
5 4 (0.37%) Control-M
5 4 (0.37%) Grafana
5 4 (0.37%) NetBackup
5 4 (0.37%) Tivoli
6 3 (0.28%) BladeLogic
6 3 (0.28%) BMC PATROL
6 3 (0.28%) Graphite
7 2 (0.19%) Opscode Chef
7 2 (0.19%) SCOM
8 1 (0.093%) Backup Exec
8 1 (0.093%) Cobbler
8 1 (0.093%) Hadoop YARN
8 1 (0.093%) MOM
8 1 (0.093%) OpenView
Vendors
1 117 (10.92%) Oracle
2 70 (6.54%) Murex
3 50 (4.67%) Sybase
4 40 (3.73%) TIBCO
5 33 (3.08%) Microsoft
6 31 (2.89%) Calypso
7 24 (2.24%) Bloomberg
8 23 (2.15%) Atlassian
9 21 (1.96%) Adobe
9 21 (1.96%) Reuters
10 19 (1.77%) Red Hat
11 16 (1.49%) ION Trading
11 16 (1.49%) Splunk
12 12 (1.12%) Cognos
12 12 (1.12%) Informatica
13 11 (1.03%) Rally
13 11 (1.03%) SAP
14 10 (0.93%) DevExpress
14 10 (0.93%) VMware
15 8 (0.75%) DataSynapse
London
McGregor Boyall
Rate: £600 - £675 per day
Posted: 3 days ago
London
Randstad Technologies
Rate: £500 - £700 per day
Posted: 6 days ago
City of London
iKas International
Rate: £550 - £650 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £450 - £650 per day
Posted: 4 days ago
London
Montash
Rate: £450 - £500 per day + Negotiable
Posted: 4 days ago
City, London
Harrington Starr
Rate: £500 - £650 per hour
Posted: 4 days ago
South West London
World First
Rate: Up to £500 per day
Posted: 5 hours ago
City, London
McGregor Boyall
Rate: £600 - £650 per annum
Posted: 4 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 3 days ago
London
Elevate Direct
Rate: Negotiable
Posted: 5 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 days ago
London
Preferred Choice
Rate: £300 - £500 per day
Posted: 4 days ago
London
Randstad Technologies
Rate: £500 - £560 per day
Posted: 5 days ago
London
Joseph Harry Ltd
Posted: 6 days ago
City, London
TEKsystems
Rate: £550 - £650 per annum
Posted: 6 days ago
London
Orgtel
Rate: £200 - £225 per day
Posted: 3 days ago
London
TEKsystems
Rate: £600 - £650 per day
Posted: 6 days ago
London
Elevate Direct
Rate: From £450 to £500 per day
Posted: 4 days ago
East Sussex
TEKsystems
Rate: £301 - £400 per day
Posted: 5 days ago
London
Apollo Solutions
Rate: £350 per day
Posted: 5 days ago
London
Client Server
Rate: £400 - £450 per day
Posted: 13 days ago
City, London
Harvey Nash plc
Rate: £550 - £600 per day
Posted: 4 days ago
London
IBS Consulting
Posted: 24 days ago
London
iKas International
Rate: £550 - £600 per day
Posted: 6 days ago
South West London
World First
Rate: From £600 to £800 per day
Posted: 10 days ago