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 February 2017 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 Feb 2017
Same period 2016 Same period 2015
Foreign Exchange (FX)
UK
Rank 220 192 208
Rank change year-on-year
-28 +16
Contract jobs citing Foreign Exchange (FX) 513 665 562
As % of all contract IT jobs located in the UK 1.15% 1.28% 1.07%
As % of the Miscellaneous category 3.67% 4.15% 3.57%
Number of daily rates quoted 397 533 462
Median daily rate £600 £600 £600
90% offered a daily rate of more than £461 £427 £425
10% offered a daily rate of more than £725 £700 £700
UK excluding London median daily rate £445 £400 £440
% change year-on-year
+11.25% -9.09%
Number of hourly rates quoted 1 3 0
Median hourly rate £60.00 £22.50 -
Median hourly rate % change year-on-year
+166.66% -
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
13967 16013 15725
As % of all contract IT jobs located in the UK 31.20% 30.82% 30.00%
Number of daily rates quoted 9004 10344 9643
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £265 £250 £250
10% offered a daily rate of more than £625 £613 £600
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 544 577 643
Median hourly rate £20.50 £22.00 £18.50
Median hourly rate % change year-on-year
-6.81% +18.91%
90% offered a hourly rate of more than £11.33 £12.50 £11.98
10% offered a hourly rate of more than £50.00 £52.63 £44.15
UK excluding London median hourly rate £17.50 £22.54 £18.19
% change year-on-year
-22.36% +23.93%

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 February 2017.

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 26 February 2017. 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 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 -25 507 £600 - 120
London -23 491 £600 - 103
City of London -25 101 £600 - 27
Belfast - 5 £425 -
County Antrim - 5 £425 -
Northern Ireland - 5 £425 -
South East +15 4 £650 +48.57% 3
West Midlands +3 4 £475 +5.55%
Docklands, London +1 4 £475 -
Birmingham -2 4 £475 +5.55%
Croydon - 4 - -
Canary Wharf -1 3 £613 +70.13%
North West +15 2 £585 +44.44%
South West +7 2 £425 +41.66%
East Midlands - 2 £331 -
Cheshire +33 1 £585 +17.00%
Yorkshire +19 1 - -
Berkshire +11 1 £275 -26.66% 3
Manchester +9 1 - -
Chester +6 1 £585 +17.00%
Sheffield +4 1 - -
South Yorkshire +2 1 - -
Bedfordshire - 1 - - 12
Northamptonshire - 1 £325 -
Hampshire - 1 - -
Derbyshire - 1 £338 -
Reading - 1 £275 -
Northampton - 1 £325 -
Luton - 1 - - 12
Kingston Upon Thames - 1 - -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 26 February 2017, 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).

1 474 (45.84%) Finance
2 453 (43.81%) Banking
3 375 (36.27%) Front Office
4 315 (30.46%) Java
5 285 (27.56%) Agile Software Development
6 255 (24.66%) SQL
7 232 (22.44%) Investment Banking
8 228 (22.05%) Derivative
9 210 (20.31%) Equities
10 206 (19.92%) Fixed Income
11 204 (19.73%) C++
12 202 (19.54%) Low Latency
13 195 (18.86%) Electronic Trading
14 191 (18.47%) Multithreading
15 183 (17.70%) Unix
16 149 (14.41%) C#
17 143 (13.83%) Linux
18 132 (12.77%) Degree
19 128 (12.38%) HTML
20 123 (11.90%) JavaScript
21 112 (10.83%) Risk Management
22 103 (9.96%) Analytical Skills
23 100 (9.67%) Oracle
24 96 (9.28%) HTML5
25 94 (9.09%) MiFID
26 88 (8.51%) AngularJS
27 82 (7.93%) Scrum
28 79 (7.64%) .NET
28 79 (7.64%) Algorithmic Trading
29 77 (7.45%) Python

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 (3.09%) Apache Spark
2 13 (1.26%) Confluence
3 12 (1.16%) Apache Pig
3 12 (1.16%) IIS
3 12 (1.16%) Oracle Coherence
4 11 (1.06%) Tomcat
5 9 (0.87%) WebSphere
6 8 (0.77%) CMS
6 8 (0.77%) WebLogic
7 6 (0.58%) Adobe Experience Manager
7 6 (0.58%) DataSynapse
7 6 (0.58%) Mule
8 5 (0.48%) Oracle SOA Suite
9 4 (0.39%) Apache
9 4 (0.39%) IBM HTTP Server
9 4 (0.39%) Oracle Workflow
9 4 (0.39%) SharePoint
10 3 (0.29%) BizTalk Server
10 3 (0.29%) Elasticsearch
10 3 (0.29%) MQSeries
Applications
1 24 (2.32%) Spreadsheet
2 23 (2.22%) MS Excel
3 9 (0.87%) MS Visio
4 7 (0.68%) MS PowerPoint
4 7 (0.68%) Photoshop
5 6 (0.58%) MS Office
5 6 (0.58%) MS Project
6 2 (0.19%) Adobe Illustrator
6 2 (0.19%) LaTeX
7 1 (0.097%) Open Workbench
Business Applications
1 22 (2.13%) Summit
2 13 (1.26%) ION MarketView
3 11 (1.06%) SAP FI
4 10 (0.97%) RMDS
4 10 (0.97%) thinkFolio
5 7 (0.68%) SAP CO
6 5 (0.48%) Orchestrade
6 5 (0.48%) SAP FI/CO
7 4 (0.39%) Payment Gateway
8 3 (0.29%) SAP Oil and Gas
9 2 (0.19%) Global One
9 2 (0.19%) Minerva
9 2 (0.19%) Murex MxG2000
9 2 (0.19%) Sentinel
9 2 (0.19%) Tesseract
10 1 (0.097%) Endur
10 1 (0.097%) Findur
10 1 (0.097%) SAP MM
10 1 (0.097%) SAP PM
10 1 (0.097%) SAP SD
Cloud Services
1 5 (0.48%) Cloud Computing
2 2 (0.19%) Amazon AWS
2 2 (0.19%) GitHub
2 2 (0.19%) Microsoft Azure
Communications & Networking
1 23 (2.22%) TCP/IP
2 19 (1.84%) Firewall
3 8 (0.77%) WAN
4 7 (0.68%) MPLS
5 6 (0.58%) DSL
6 5 (0.48%) LAN
6 5 (0.48%) Multicast
6 5 (0.48%) SAN
7 4 (0.39%) Ethernet
7 4 (0.39%) FIX Connectivity
7 4 (0.39%) FTP
7 4 (0.39%) Internet
8 3 (0.29%) IPsec
8 3 (0.29%) VPN
9 2 (0.19%) DNS
10 1 (0.097%) DHCP
10 1 (0.097%) IGMP
10 1 (0.097%) InfiniBand
10 1 (0.097%) SSH
10 1 (0.097%) Wi-Fi
Database & Business Intelligence
1 70 (6.77%) SQL Server
2 56 (5.42%) Big Data
3 43 (4.16%) Relational Database
4 40 (3.87%) KDB
5 33 (3.19%) Hadoop
6 31 (3.00%) Data Warehouse
7 25 (2.42%) NoSQL
8 20 (1.93%) MongoDB
9 19 (1.84%) Kdb+
10 17 (1.64%) PowerCenter
11 14 (1.35%) Redis
11 14 (1.35%) SQL Server Integration Services
11 14 (1.35%) SQL Server Reporting Services
12 13 (1.26%) HBase
13 12 (1.16%) Apache Cassandra
13 12 (1.16%) Data Lake
13 12 (1.16%) Data Mart
14 11 (1.06%) SQL Server 2008
15 10 (0.97%) Apache Hive
16 8 (0.77%) SQL Server 2012
Development Applications
1 59 (5.71%) Maven
2 56 (5.42%) JIRA
3 39 (3.77%) JUnit
4 38 (3.68%) Mockito
5 37 (3.58%) Git (software)
5 37 (3.58%) Jenkins
6 30 (2.90%) Gradle
7 26 (2.51%) TeamCity
8 22 (2.13%) Selenium
9 18 (1.74%) Cucumber
10 17 (1.64%) NUnit
10 17 (1.64%) Subversion
11 16 (1.55%) Spock
12 13 (1.26%) Team Foundation Server
13 9 (0.87%) Hudson
13 9 (0.87%) SoapUI
14 8 (0.77%) Grunt
14 8 (0.77%) gulp
15 7 (0.68%) EasyMock
15 7 (0.68%) Eclipse
General
1 474 (45.84%) Finance
2 453 (43.81%) Banking
3 375 (36.27%) Front Office
4 232 (22.44%) Investment Banking
5 47 (4.55%) Back Office
6 37 (3.58%) Financial Institution
7 27 (2.61%) Legal
8 18 (1.74%) Retail
9 13 (1.26%) Prime Brokerage
10 11 (1.06%) Marketing
11 7 (0.68%) General Ledger
11 7 (0.68%) Publishing
12 5 (0.48%) Corporate Banking
13 4 (0.39%) Aerospace
13 4 (0.39%) Automotive
13 4 (0.39%) German Language
13 4 (0.39%) Retail Banking
13 4 (0.39%) Wholesale Banking
14 3 (0.29%) Billing
14 3 (0.29%) Telecoms
Job Titles
1 537 (51.93%) Developer
2 270 (26.11%) Analyst
3 199 (19.25%) Java Developer
4 175 (16.92%) Business Analyst
5 115 (11.12%) C++ Developer
6 74 (7.16%) C# Developer
7 72 (6.96%) Senior Developer
8 68 (6.58%) Electronic Trading Developer
9 53 (5.13%) Senior Java Developer
10 50 (4.84%) FX Business Analyst
11 47 (4.55%) JavaScript Developer
12 42 (4.06%) Project Manager
13 37 (3.58%) Front Office Developer
14 36 (3.48%) Low Latency C++ Developer
15 35 (3.38%) MiFID Business Analyst
16 34 (3.29%) Support Analyst
17 32 (3.09%) Architect
17 32 (3.09%) Electronic Trading C++ Developer
18 31 (3.00%) Senior Analyst
19 30 (2.90%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 128 (12.38%) HTML
2 96 (9.28%) HTML5
3 88 (8.51%) AngularJS
4 79 (7.64%) .NET
5 66 (6.38%) FIX Protocol
5 66 (6.38%) XML
6 63 (6.09%) Spring
7 58 (5.61%) Middleware
8 57 (5.51%) CSS
9 52 (5.03%) JMS
10 51 (4.93%) WPF
11 47 (4.55%) STL
12 46 (4.45%) Boost C++ Libraries
12 46 (4.45%) REST
13 41 (3.97%) Web Services
14 34 (3.29%) jQuery
14 34 (3.29%) SOAP
15 33 (3.19%) CSS3
15 33 (3.19%) React
16 32 (3.09%) Node.js
Miscellaneous
1 228 (22.05%) Derivative
2 210 (20.31%) Equities
3 206 (19.92%) Fixed Income
4 103 (9.96%) Analytical Skills
5 49 (4.74%) Algorithms
6 46 (4.45%) Fintech
7 45 (4.35%) Computer Science
7 45 (4.35%) User Experience
8 38 (3.68%) Market Risk
9 25 (2.42%) OTC Derivatives
9 25 (2.42%) Reference Data
9 25 (2.42%) Virtual Team
10 22 (2.13%) Equity Derivative
11 18 (1.74%) Credit Derivative
12 17 (1.64%) Data Structures
13 16 (1.55%) N-Tier
14 15 (1.45%) Hedge funds
14 15 (1.45%) Interest Rate Derivative
15 14 (1.35%) Credit Risk
15 14 (1.35%) Taxonomies
Operating Systems
1 183 (17.70%) Unix
2 143 (13.83%) Linux
3 50 (4.84%) Windows
4 15 (1.45%) Windows Server
5 12 (1.16%) Solaris
6 5 (0.48%) Red Hat Enterprise Linux
7 3 (0.29%) Windows Server 2008
7 3 (0.29%) Windows Server 2012
8 1 (0.097%) AIX
8 1 (0.097%) SUSE Linux Enterprise Server
8 1 (0.097%) Windows Server 2003
Processes & Methodologies
1 285 (27.56%) Agile Software Development
2 202 (19.54%) Low Latency
3 195 (18.86%) Electronic Trading
4 191 (18.47%) Multithreading
5 112 (10.83%) Risk Management
6 82 (7.93%) Scrum
7 79 (7.64%) Algorithmic Trading
8 75 (7.25%) OO
9 72 (6.96%) TDD
10 71 (6.87%) Business Analysis
10 71 (6.87%) Stakeholder Management
11 67 (6.48%) Analytics
12 65 (6.29%) Project Management
13 58 (5.61%) SDLC
14 54 (5.22%) Mathematics
15 50 (4.84%) E-Commerce
16 48 (4.64%) BDD
17 44 (4.26%) Data Management
17 44 (4.26%) Multithreaded Programming
18 43 (4.16%) High Availability
Programming Languages
1 315 (30.46%) Java
2 255 (24.66%) SQL
3 204 (19.73%) C++
4 149 (14.41%) C#
5 123 (11.90%) JavaScript
6 77 (7.45%) Python
7 53 (5.13%) Shell Script
8 32 (3.09%) Perl
9 30 (2.90%) C
10 25 (2.42%) Scala
11 23 (2.22%) VBA
12 22 (2.13%) Korn
13 19 (1.84%) ES6
14 18 (1.74%) Bash Shell
15 15 (1.45%) PL/SQL
16 13 (1.26%) XPath
17 11 (1.06%) T-SQL
18 10 (0.97%) Haskell
18 10 (0.97%) MATLAB
19 9 (0.87%) R
Qualifications
1 132 (12.77%) Degree
2 24 (2.32%) PhD
3 15 (1.45%) ISEB
4 10 (0.97%) CFA
5 6 (0.58%) ISTQB
5 6 (0.58%) PMP
6 5 (0.48%) ISEB Practitioner
6 5 (0.48%) PMI Certification
7 4 (0.39%) MBA
8 2 (0.19%) ISTQB Foundation Certification
9 1 (0.097%) ACCA
9 1 (0.097%) BPSS Clearance
9 1 (0.097%) CIMA
9 1 (0.097%) IIBA
9 1 (0.097%) PRINCE2 Certification
9 1 (0.097%) Security Cleared
Quality Assurance & Compliance
1 94 (9.09%) MiFID
2 47 (4.55%) QA
3 19 (1.84%) EMIR
4 15 (1.45%) FATCA
5 14 (1.35%) Dodd-Frank
6 9 (0.87%) SLA
7 5 (0.48%) Data Quality
7 5 (0.48%) IFRS
7 5 (0.48%) PMO
7 5 (0.48%) SEPA
8 4 (0.39%) GAAP
8 4 (0.39%) Solvency II
9 3 (0.29%) SDET
10 2 (0.19%) Basel II
10 2 (0.19%) Basel III
11 1 (0.097%) Disclosure Scotland
11 1 (0.097%) IAS 39
11 1 (0.097%) IFRS 9
11 1 (0.097%) Sarbanes-Oxley
System Software
1 18 (1.74%) HDFS
2 10 (0.97%) Docker
3 9 (0.87%) VMware Infrastructure
4 7 (0.68%) Apache ZooKeeper
5 2 (0.19%) Oracle RAC
5 2 (0.19%) VMware ESX
6 1 (0.097%) Active Directory
6 1 (0.097%) Apache Flume
6 1 (0.097%) NFS
Systems Management
1 13 (1.26%) Ansible
1 13 (1.26%) HP Quality Center
2 12 (1.16%) Control-M
3 10 (0.97%) Puppet
4 6 (0.58%) Hadoop YARN
5 5 (0.48%) ITRS Geneos
5 5 (0.48%) Opscode Chef
6 2 (0.19%) NetBackup
7 1 (0.097%) Ambari
7 1 (0.097%) BMC PATROL
7 1 (0.097%) Kubernetes
7 1 (0.097%) Oozie
7 1 (0.097%) Perfmon
7 1 (0.097%) SCOM
7 1 (0.097%) Thomson Reuters DACS
Vendors
1 100 (9.67%) Oracle
2 68 (6.58%) Murex
3 40 (3.87%) Solace
3 40 (3.87%) Sybase
4 37 (3.58%) TIBCO
5 32 (3.09%) Bloomberg
6 29 (2.80%) Reuters
7 24 (2.32%) SAP
8 21 (2.03%) ION Trading
9 19 (1.84%) Microsoft
10 16 (1.55%) Microgen
11 14 (1.35%) HP
11 14 (1.35%) MuleSoft
12 13 (1.26%) Fidessa
13 12 (1.16%) VMware
14 11 (1.06%) Atlassian
14 11 (1.06%) Cognizant
15 10 (0.97%) Adobe
15 10 (0.97%) Calypso
15 10 (0.97%) Hortonworks
London
Hays Finance Technology
Rate: £500.00 - £680 per day
Posted: 2 days ago
London
Haysfm
Rate: £500.00 - £650.00 per day
Posted: 3 days ago
London
X4 Group
Rate: Market related
Posted: 3 days ago
London
McGregor Boyall
Rate: £600 - £800 per day
Posted: 2 days ago
London
X4 Group
Rate: £400 - 475 per day
Posted: 5 days ago
City, London
Harrington Starr
Rate: £400 - £450 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £400 - £450 per day
Posted: Yesterday
London
Harrington Starr
Rate: £500 - £700 per day
Posted: 2 days ago
London
Montash
Rate: £600 per day
Posted: 5 days ago
City, London
Hatstand Limited
Rate: £500 - £650 per day
Posted: 4 days ago
City, London
Hatstand Limited
Rate: £500 - £650 per day
Posted: 4 days ago
City, London
McGregor Boyall
Posted: 3 days ago
London
FDM Group
Posted: 6 days ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: 2 days ago
City, London
Reed Technology
Rate: £600 - £750 per day
Posted: 5 days ago
Luton
TUI Group Careers
Rate: Highly Competitive
Posted: 4 days ago
City, London
TEKsystems
Rate: £550 - £750 per day
Posted: 2 days ago
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 4 days ago
London
Contingency Team
Posted: 12 days ago