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 8 December 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
8 Dec 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 221 226 192
Rank change year-on-year
+5 -34
Contract jobs citing Foreign Exchange (FX) 547 600 663
As % of all contract IT jobs located in the UK 1.10% 1.09% 1.17%
As % of the Miscellaneous category 3.38% 3.26% 3.70%
Number of daily rates quoted 402 413 542
Median daily rate £600 £575 £590
Median daily rate % change year-on-year
+4.34% -2.54%
90% offered a daily rate of more than £438 £400 £439
10% offered a daily rate of more than £700 £700 £700
UK excluding London median daily rate £375 £575 £401
% change year-on-year
-34.78% +43.30%
Number of hourly rates quoted 0 0 6
Median hourly rate - - £27.50
UK excluding London median hourly rate - - £11.38

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
16196 18398 17909
As % of all contract IT jobs located in the UK 32.54% 33.32% 31.72%
Number of daily rates quoted 10494 11565 11376
Median daily rate £430 £425 £408
Median daily rate % change year-on-year
+1.17% +4.29%
90% offered a daily rate of more than £238 £250 £235
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 575 788 744
Median hourly rate £19.50 £20.00 £17.00
Median hourly rate % change year-on-year
-2.50% +17.64%
90% offered a hourly rate of more than £12.00 £12.35 £11.00
10% offered a hourly rate of more than £45.00 £45.06 £42.50
UK excluding London median hourly rate £18.53 £19.50 £16.84
% change year-on-year
-5.00% +15.79%

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 8 December 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 8 December 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 -1 538 £600 +3.89% 81
London -9 520 £600 +4.34% 72
City of London -1 135 £600 +2.12% 16
Canary Wharf - 12 £500 -
North West +5 6 £440 -26.66% 1
Docklands, London +2 5 £595 +25.26%
County Antrim -10 5 £360 -10.00%
Northern Ireland -10 5 £360 -10.00%
Belfast -11 5 £360 -10.00%
South East +22 4 £478 -13.09% 1
Scotland +10 4 £350 -
Merseyside - 4 £550 -
Liverpool - 4 £550 -
Cambridgeshire +7 3 - - 2
East of England +5 3 - - 3
Glasgow +2 3 £450 +28.57%
South West - 2 £413 - 1
Mayfair - 2 £550 -
Milton Keynes +15 1 - -
Buckinghamshire +14 1 - -
Surrey +11 1 - -
Berkshire +4 1 £613 +53.12%
Manchester -4 1 £275 -
West Midlands -10 1 £490 -24.61% 1
Coventry -13 1 £490 -24.61%
Yorkshire - 1 £450 -
Wiltshire - 1 £275 -
Somerset - 1 £550 -
North Yorkshire - 1 £450 -
Fife - 1 £250 -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 8 December 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).

1 428 (45.34%) Finance
2 400 (42.37%) Banking
3 340 (36.02%) Front Office
4 281 (29.77%) Java
5 264 (27.97%) Agile Software Development
6 198 (20.97%) Fixed Income
7 196 (20.76%) SQL
7 196 (20.76%) Investment Banking
8 186 (19.70%) Derivative
9 171 (18.11%) Low Latency
10 165 (17.48%) Electronic Trading
11 164 (17.37%) Equities
12 140 (14.83%) Multithreading
13 137 (14.51%) C#
14 134 (14.19%) Unix
15 132 (13.98%) C++
16 120 (12.71%) HTML
17 119 (12.61%) Risk Management
18 112 (11.86%) Linux
19 109 (11.55%) JavaScript
20 92 (9.75%) HTML5
21 89 (9.43%) Analytical Skills
21 89 (9.43%) Oracle
22 85 (9.00%) Business Analysis
23 84 (8.90%) AngularJS
24 83 (8.79%) Algorithmic Trading
25 79 (8.37%) Python
26 78 (8.26%) Degree
27 77 (8.16%) SQL Server
28 72 (7.63%) 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 29 (3.07%) Apache Spark
2 19 (2.01%) Confluence
3 16 (1.69%) IIS
4 13 (1.38%) WebSphere
5 9 (0.95%) Oracle Coherence
6 8 (0.85%) Apache Pig
7 7 (0.74%) Adobe Experience Manager
8 6 (0.64%) CMS
8 6 (0.64%) Tomcat
9 4 (0.42%) Oracle Workflow
9 4 (0.42%) WebLogic
10 3 (0.32%) Apache
10 3 (0.32%) IBM HTTP Server
10 3 (0.32%) JBoss
10 3 (0.32%) Jetty
10 3 (0.32%) WebSphere Application Server
11 2 (0.21%) OpenStack
11 2 (0.21%) Oracle SOA Suite
12 1 (0.11%) Elasticsearch
12 1 (0.11%) NServiceBus
Applications
1 23 (2.44%) MS Excel
2 13 (1.38%) Photoshop
2 13 (1.38%) Spreadsheet
3 10 (1.06%) MS Office
4 7 (0.74%) MS Visio
5 6 (0.64%) MS Project
6 5 (0.53%) MS PowerPoint
7 3 (0.32%) LaTeX
8 2 (0.21%) Adobe Illustrator
9 1 (0.11%) Houdini
9 1 (0.11%) Mathematica
9 1 (0.11%) Maya
9 1 (0.11%) Open Workbench
Business Applications
1 18 (1.91%) RMDS
2 16 (1.69%) Summit
3 15 (1.59%) SAP FI
4 7 (0.74%) SAP CO
5 6 (0.64%) thinkFolio
6 5 (0.53%) SAP FI/CO
7 4 (0.42%) Findur
7 4 (0.42%) SAP Oil and Gas
8 3 (0.32%) Bloomberg TOMS
8 3 (0.32%) ION MarketView
8 3 (0.32%) Orchestrade
8 3 (0.32%) SimCorp Dimension
9 2 (0.21%) Global One
9 2 (0.21%) Markit EDM
9 2 (0.21%) Minerva
9 2 (0.21%) Sentinel
9 2 (0.21%) SunGard GMI
9 2 (0.21%) Tesseract
10 1 (0.11%) SAP MM
10 1 (0.11%) SAP SD
Cloud Services
1 6 (0.64%) Cloud Computing
2 4 (0.42%) Microsoft Azure
3 2 (0.21%) Amazon AWS
3 2 (0.21%) OpenShift
3 2 (0.21%) PaaS
4 1 (0.11%) Heroku
Communications & Networking
1 33 (3.50%) TCP/IP
2 12 (1.27%) Firewall
3 7 (0.74%) LAN
3 7 (0.74%) Multicast
3 7 (0.74%) SAN
4 6 (0.64%) DSL
5 5 (0.53%) WAN
6 3 (0.32%) FTP
7 2 (0.21%) FCoE
7 2 (0.21%) Fibre Channel
7 2 (0.21%) Internet
7 2 (0.21%) iSCSI
7 2 (0.21%) NAS
8 1 (0.11%) CTI
8 1 (0.11%) DHCP
8 1 (0.11%) DNS
8 1 (0.11%) IGMP
8 1 (0.11%) InfiniBand
8 1 (0.11%) SSH
8 1 (0.11%) Wi-Fi
Database & Business Intelligence
1 77 (8.16%) SQL Server
2 43 (4.56%) Big Data
3 37 (3.92%) Relational Database
4 27 (2.86%) Hadoop
5 26 (2.75%) Data Warehouse
6 25 (2.65%) KDB
7 16 (1.69%) Apache Cassandra
7 16 (1.69%) NoSQL
8 13 (1.38%) Kdb+
9 12 (1.27%) Data Lake
9 12 (1.27%) PowerCenter
9 12 (1.27%) SQL Server 2008
10 11 (1.17%) SQL Server Integration Services
10 11 (1.17%) SQL Server Reporting Services
11 10 (1.06%) HBase
12 9 (0.95%) MongoDB
13 7 (0.74%) SQL Server 2012
14 6 (0.64%) MarkLogic
14 6 (0.64%) Spotfire
14 6 (0.64%) SQL Server Analysis Services
Development Applications
1 51 (5.40%) Maven
2 50 (5.30%) JIRA
3 33 (3.50%) JUnit
4 29 (3.07%) Subversion
5 27 (2.86%) Git (software)
6 23 (2.44%) Gradle
6 23 (2.44%) Selenium
6 23 (2.44%) TeamCity
7 22 (2.33%) Jenkins
8 17 (1.80%) Mockito
9 16 (1.69%) Cucumber
10 12 (1.27%) SoapUI
10 12 (1.27%) Team Foundation Server
11 9 (0.95%) Hudson
12 8 (0.85%) Ant
12 8 (0.85%) JMeter
12 8 (0.85%) NUnit
13 7 (0.74%) Atlassian Bamboo
13 7 (0.74%) jMock
13 7 (0.74%) WebDriver
General
1 428 (45.34%) Finance
2 400 (42.37%) Banking
3 340 (36.02%) Front Office
4 196 (20.76%) Investment Banking
5 62 (6.57%) Back Office
6 35 (3.71%) Financial Institution
7 18 (1.91%) Legal
7 18 (1.91%) Retail
8 7 (0.74%) Corporate Banking
8 7 (0.74%) Publishing
9 5 (0.53%) Telecoms
10 4 (0.42%) General Ledger
10 4 (0.42%) Law
10 4 (0.42%) Manufacturing
10 4 (0.42%) Marketing
11 3 (0.32%) Electronics
11 3 (0.32%) German Language
11 3 (0.32%) Prime Brokerage
11 3 (0.32%) Retail Banking
11 3 (0.32%) Wholesale Banking
Job Titles
1 435 (46.08%) Developer
2 293 (31.04%) Analyst
3 186 (19.70%) Business Analyst
4 167 (17.69%) Java Developer
5 74 (7.84%) Senior Developer
6 70 (7.42%) C++ Developer
7 66 (6.99%) C# Developer
8 54 (5.72%) FX Business Analyst
9 53 (5.61%) Senior Java Developer
10 51 (5.40%) Project Manager
11 47 (4.98%) JavaScript Developer
12 38 (4.03%) Consultant
13 36 (3.81%) Electronic Trading Developer
13 36 (3.81%) Support Analyst
14 35 (3.71%) Banking Analyst
15 34 (3.60%) Angular Developer
16 33 (3.50%) Front Office Developer
17 32 (3.39%) .NET Developer
17 32 (3.39%) Risk Analyst
18 31 (3.28%) Agile Developer
Libraries, Frameworks & Software Standards
1 120 (12.71%) HTML
2 92 (9.75%) HTML5
3 84 (8.90%) AngularJS
4 67 (7.10%) .NET
5 65 (6.89%) FIX Protocol
6 54 (5.72%) WPF
7 52 (5.51%) CSS
7 52 (5.51%) XML
8 44 (4.66%) Spring
9 38 (4.03%) JMS
10 34 (3.60%) Web Services
11 32 (3.39%) Middleware
12 31 (3.28%) jQuery
12 31 (3.28%) REST
13 30 (3.18%) ASP.NET
14 29 (3.07%) STL
15 28 (2.97%) Boost C++ Libraries
16 26 (2.75%) CSS3
16 26 (2.75%) Rendezvous
17 23 (2.44%) React
Miscellaneous
1 198 (20.97%) Fixed Income
2 186 (19.70%) Derivative
3 164 (17.37%) Equities
4 89 (9.43%) Analytical Skills
5 47 (4.98%) Market Risk
6 43 (4.56%) Algorithms
7 41 (4.34%) Fintech
8 31 (3.28%) User Experience
9 27 (2.86%) Computer Science
10 25 (2.65%) OTC Derivatives
11 23 (2.44%) Mathematics
12 22 (2.33%) Hedge funds
13 21 (2.22%) Credit Derivative
14 19 (2.01%) Data Structures
15 17 (1.80%) Virtual Team
16 16 (1.69%) N-Tier
16 16 (1.69%) Reference Data
17 15 (1.59%) Equity Derivative
18 11 (1.17%) Management Information System
18 11 (1.17%) Taxonomies
Operating Systems
1 134 (14.19%) Unix
2 112 (11.86%) Linux
3 53 (5.61%) Windows
4 13 (1.38%) Solaris
5 10 (1.06%) Windows Server
6 6 (0.64%) Windows Server 2008
7 5 (0.53%) Red Hat Enterprise Linux
7 5 (0.53%) Windows Server 2012
8 2 (0.21%) Windows 7
9 1 (0.11%) SUSE Linux Enterprise Server
9 1 (0.11%) Windows Server 2003
Processes & Methodologies
1 264 (27.97%) Agile Software Development
2 171 (18.11%) Low Latency
3 165 (17.48%) Electronic Trading
4 140 (14.83%) Multithreading
5 119 (12.61%) Risk Management
6 85 (9.00%) Business Analysis
7 83 (8.79%) Algorithmic Trading
8 72 (7.63%) Project Management
9 70 (7.42%) TDD
10 67 (7.10%) Stakeholder Management
11 61 (6.46%) Scrum
12 60 (6.36%) OO
13 56 (5.93%) Analytics
14 54 (5.72%) E-Commerce
15 44 (4.66%) Continuous Integration
16 42 (4.45%) Asset Management
17 41 (4.34%) DevOps
18 40 (4.24%) Concurrent Programming
18 40 (4.24%) High Availability
19 39 (4.13%) BDD
Programming Languages
1 281 (29.77%) Java
2 196 (20.76%) SQL
3 137 (14.51%) C#
4 132 (13.98%) C++
5 109 (11.55%) JavaScript
6 79 (8.37%) Python
7 25 (2.65%) Perl
7 25 (2.65%) Shell Script
8 24 (2.54%) Scala
9 18 (1.91%) VBA
10 16 (1.69%) C
11 15 (1.59%) Bash Shell
11 15 (1.59%) Haskell
12 14 (1.48%) R
13 13 (1.38%) MATLAB
14 12 (1.27%) TypeScript
15 11 (1.17%) Korn
16 10 (1.06%) PL/SQL
17 9 (0.95%) XAML
18 8 (0.85%) T-SQL
Qualifications
1 78 (8.26%) Degree
2 16 (1.69%) PhD
3 12 (1.27%) ISEB
4 7 (0.74%) CFA
4 7 (0.74%) ISTQB
5 3 (0.32%) ISEB Practitioner
5 3 (0.32%) PMP
6 2 (0.21%) ISTQB Foundation Certification
6 2 (0.21%) PRINCE2 Practitioner
7 1 (0.11%) MBA
7 1 (0.11%) PMI Certification
7 1 (0.11%) PRINCE2 Certification
Quality Assurance & Compliance
1 65 (6.89%) MiFID
2 49 (5.19%) QA
3 21 (2.22%) EMIR
4 14 (1.48%) Dodd-Frank
5 8 (0.85%) FATCA
6 7 (0.74%) SDET
6 7 (0.74%) SLA
7 4 (0.42%) GAAP
7 4 (0.42%) SEPA
8 2 (0.21%) Basel II
8 2 (0.21%) Basel III
8 2 (0.21%) Data Quality
9 1 (0.11%) Disclosure Scotland
System Software
1 15 (1.59%) Docker
2 10 (1.06%) HDFS
3 8 (0.85%) VMware Infrastructure
4 6 (0.64%) Apache ZooKeeper
5 4 (0.42%) VMware ESX
6 3 (0.32%) NFS
7 2 (0.21%) Apache Flume
7 2 (0.21%) Hyper-V
7 2 (0.21%) KVM
7 2 (0.21%) SRDF
7 2 (0.21%) Xen
8 1 (0.11%) Oracle RAC
Systems Management
1 19 (2.01%) Puppet
2 13 (1.38%) Ansible
3 11 (1.17%) HP Quality Center
4 10 (1.06%) Control-M
5 7 (0.74%) ITRS Geneos
6 6 (0.64%) Opscode Chef
7 5 (0.53%) Hadoop YARN
8 4 (0.42%) NetBackup
9 2 (0.21%) Thomson Reuters DACS
10 1 (0.11%) Ambari
10 1 (0.11%) BMC PATROL
10 1 (0.11%) Ganglia
10 1 (0.11%) Kibana
10 1 (0.11%) logstash
10 1 (0.11%) Nagios
10 1 (0.11%) Oozie
10 1 (0.11%) SCOM
10 1 (0.11%) yum
Vendors
1 89 (9.43%) Oracle
2 52 (5.51%) Murex
3 39 (4.13%) Sybase
4 36 (3.81%) TIBCO
5 26 (2.75%) SAP
6 20 (2.12%) Microsoft
6 20 (2.12%) Reuters
6 20 (2.12%) Solace
7 17 (1.80%) Bloomberg
7 17 (1.80%) FXall
8 16 (1.69%) Atlassian
9 15 (1.59%) HP
10 14 (1.48%) Currenex
11 13 (1.38%) Calypso
12 12 (1.27%) ION Trading
12 12 (1.27%) Sun
12 12 (1.27%) VMware
13 11 (1.17%) Adobe
13 11 (1.17%) Informatica
13 11 (1.17%) Microgen
Cambridgeshire
The Bridge Ltd
Rate: Unspecified Neg
Posted: 17 hours ago
London
Hays Finance Technology
Rate: £400.00 - £800.00 per day
Posted: 18 hours ago
South West London
Oliver Bernard
Rate: £450 - £500 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £400 - £450 per day
Posted: 19 hours ago
Cambridgeshire
The Bridge Ltd
Rate: Unspecified Neg
Posted: Yesterday
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £600 - £700 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £800 - £1000 per day
Posted: 5 days ago
London
Reed Technology
Rate: £500 - £600 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 6 days ago
London
Hatstand Limited
Rate: £550 - £650 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 5 days ago
London
McGregor Boyall
Rate: £900 - £1000 per day
Posted: 6 days ago
London
Hydrogen Group
Rate: £70000 - £80000 per annum
Posted: 5 days ago