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 3 May 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
3 May 2016
Same period 2015 Same period 2014
Foreign Exchange (FX)
Rank 224 237 186
Rank change year-on-year
+13 -51
Contract jobs citing Foreign Exchange (FX) 611 539 658
As % of all contract IT jobs located in the UK 1.10% 0.97% 1.19%
As % of the Miscellaneous category 3.37% 3.05% 3.70%
Number of daily rates quoted 505 437 512
Median daily rate £600 £600 £600
90% offered a daily rate of more than £447 £425 £425
10% offered a daily rate of more than £725 £725 £738
UK excluding London median daily rate £375 £425 £415
% change year-on-year
-11.76% +2.40%
Number of hourly rates quoted 6 2 2
Median hourly rate £36.42 £13.50 £34.75
Median hourly rate % change year-on-year
+169.75% -61.15%
90% offered a hourly rate of more than £22.25 £13.50 £24.95
10% offered a hourly rate of more than £90.00 £13.50 £44.55
UK excluding London median hourly rate - £13.50 £47.00
% change year-on-year
- -71.27%

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
18125 17694 17778
As % of all contract IT jobs located in the UK 32.60% 31.70% 32.09%
Number of daily rates quoted 11788 10715 10842
Median daily rate £425 £418 £401
Median daily rate % change year-on-year
+1.67% +4.36%
90% offered a daily rate of more than £265 £250 £225
10% offered a daily rate of more than £613 £600 £600
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 603 694 769
Median hourly rate £22.00 £18.50 £21.00
Median hourly rate % change year-on-year
+18.91% -11.90%
90% offered a hourly rate of more than £12.49 £12.00 £11.50
10% offered a hourly rate of more than £47.39 £45.00 £42.50
UK excluding London median hourly rate £22.00 £19.00 £20.38
% change year-on-year
+15.78% -6.74%

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 3 May 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 3 May 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 3 May 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 +9 595 £600 - 89
London -2 573 £600 - 86
City of London +36 144 £583 -2.91% 27
South East +7 13 £450 +12.50%
Scotland -15 12 £375 -21.05% 1
Canary Wharf +3 5 £500 -11.11%
East Sussex - 5 £350 -
Stirling +8 4 £375 -
Surrey - 4 £538 -
Yorkshire +6 3 £350 -6.66%
Glasgow +4 3 £375 -21.05% 1
Docklands, London +1 3 £600 -7.69%
Sheffield - 2 £350 -
South Yorkshire - 2 £350 -
Dorset - 2 £300 -
North West - 2 £310 - 2
South West - 2 £300 -
Oxford +11 1 £325 +8.33%
Oxfordshire +10 1 £325 +8.33%
Berkshire +6 1 - -
Reading -3 1 - -
Edinburgh -12 1 - -
Inverclyde - 1 £345 -
East of England - 1 £600 - 1
Greenock - 1 £345 -
Cambridgeshire - 1 £600 -
Cambridge - 1 £600 -
Chester - 1 - -
Basingstoke - 1 £525 -
Harrogate - 1 £450 -

Foreign Exchange (FX)
Top 30 Related IT Skills

For the 6 months to 3 May 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).

1 564 (45.89%) Front Office
2 538 (43.78%) Finance
3 524 (42.64%) Banking
4 365 (29.70%) Java
5 313 (25.47%) Investment Banking
6 281 (22.86%) SQL
7 280 (22.78%) Derivative
8 271 (22.05%) C#
9 260 (21.16%) Multithreading
10 255 (20.75%) Fixed Income
11 252 (20.50%) Low Latency
12 237 (19.28%) C++
13 220 (17.90%) Electronic Trading
14 212 (17.25%) Linux
15 210 (17.09%) Equities
16 193 (15.70%) Agile Software Development
16 193 (15.70%) Unix
17 162 (13.18%) Risk Management
18 154 (12.53%) Analytical Skills
19 120 (9.76%) Oracle
20 114 (9.28%) Algorithmic Trading
21 112 (9.11%) Python
22 108 (8.79%) Business Analysis
23 107 (8.71%) HTML
24 106 (8.62%) TDD
25 104 (8.46%) FIX Protocol
26 102 (8.30%) Degree
26 102 (8.30%) E-Commerce
27 99 (8.06%) Murex
28 94 (7.65%) QA

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 36 (2.93%) Oracle Coherence
2 15 (1.22%) IIS
2 15 (1.22%) WebSphere
3 14 (1.14%) Tomcat
4 12 (0.98%) Confluence
5 9 (0.73%) WebLogic
6 8 (0.65%) Apache Spark
7 7 (0.57%) Node.js
7 7 (0.57%) SharePoint
8 6 (0.49%) Apache
9 5 (0.41%) Mule
9 5 (0.41%) WebSphere Application Server
10 4 (0.33%) JBoss
10 4 (0.33%) SAS
11 3 (0.24%) CMS
11 3 (0.24%) Elasticsearch
11 3 (0.24%) Exchange Server 2013
11 3 (0.24%) GemFire
11 3 (0.24%) MS Exchange
11 3 (0.24%) Sitecore CMS
Applications
1 15 (1.22%) MS Excel
2 14 (1.14%) Photoshop
3 12 (0.98%) Adobe Illustrator
4 10 (0.81%) MS PowerPoint
5 9 (0.73%) MS Visio
6 5 (0.41%) MS Office
6 5 (0.41%) Spreadsheet
7 1 (0.081%) MS Project
Business Applications
1 17 (1.38%) Front Arena
2 13 (1.06%) Summit
3 8 (0.65%) ION MarketView
3 8 (0.65%) Markit EDM
3 8 (0.65%) TradeThru
4 6 (0.49%) thinkFolio
5 4 (0.33%) Endur
5 4 (0.33%) HFM
5 4 (0.33%) Oracle EBS
5 4 (0.33%) Oracle ERP
5 4 (0.33%) Oracle Payables
5 4 (0.33%) RMDS
5 4 (0.33%) Temenos T24
6 3 (0.24%) Loan IQ
6 3 (0.24%) MetaTrader
6 3 (0.24%) SimCorp Dimension
6 3 (0.24%) SunGard Martini
7 2 (0.16%) SAP FI
7 2 (0.16%) SAP Oil and Gas
8 1 (0.081%) WebTrends
Cloud Services
1 8 (0.65%) Microsoft Azure
2 7 (0.57%) Cloud Computing
3 5 (0.41%) Amazon AWS
4 3 (0.24%) Office 365
5 1 (0.081%) Google Tag Manager
5 1 (0.081%) OpenShift
5 1 (0.081%) PaaS
Communications & Networking
1 28 (2.28%) Firewall
2 21 (1.71%) TCP/IP
3 10 (0.81%) Multicast
3 10 (0.81%) SAN
4 3 (0.24%) Internet
4 3 (0.24%) NAS
5 2 (0.16%) ATM
5 2 (0.16%) BGP
5 2 (0.16%) Fibre Channel
5 2 (0.16%) iSCSI
6 1 (0.081%) Cisco Nexus
6 1 (0.081%) DHCP
6 1 (0.081%) DNS
6 1 (0.081%) DSL
6 1 (0.081%) FTP
6 1 (0.081%) Intranet
6 1 (0.081%) LAN
6 1 (0.081%) Network Security
6 1 (0.081%) VPN
6 1 (0.081%) WebEx
Database & Business Intelligence
1 77 (6.27%) SQL Server
2 46 (3.74%) KDB
3 44 (3.58%) Relational Database
4 21 (1.71%) Big Data
4 21 (1.71%) SQL Server Integration Services
5 19 (1.55%) Oracle Database
6 17 (1.38%) Data Warehouse
7 16 (1.30%) Hadoop
7 16 (1.30%) SQL Server Reporting Services
8 15 (1.22%) QlikView
9 14 (1.14%) NoSQL
10 13 (1.06%) Tick Data
11 10 (0.81%) Data Mart
12 9 (0.73%) Apache Cassandra
12 9 (0.73%) Microsoft Analysis Services
13 7 (0.57%) Pentaho
13 7 (0.57%) PostgreSQL
14 6 (0.49%) MongoDB
14 6 (0.49%) SQL Server 2012
15 5 (0.41%) SQL Server Analysis Services
Development Applications
1 62 (5.04%) JIRA
2 42 (3.42%) Maven
3 32 (2.60%) Selenium
4 24 (1.95%) Subversion
5 21 (1.71%) Jenkins
5 21 (1.71%) JUnit
6 18 (1.46%) Grunt
7 17 (1.38%) Git (software)
8 13 (1.06%) Cucumber
8 13 (1.06%) gulp
9 12 (0.98%) GDB
10 11 (0.90%) Axure RP
10 11 (0.90%) TeamCity
11 10 (0.81%) jMock
11 10 (0.81%) SoapUI
12 9 (0.73%) ClearCase
12 9 (0.73%) Mockito
13 8 (0.65%) ClearQuest
14 7 (0.57%) WebDriver
15 6 (0.49%) JBehave
General
1 564 (45.89%) Front Office
2 538 (43.78%) Finance
3 524 (42.64%) Banking
4 313 (25.47%) Investment Banking
5 74 (6.02%) Back Office
6 33 (2.69%) Financial Institution
7 23 (1.87%) Retail
8 19 (1.55%) Legal
9 14 (1.14%) Corporate Banking
10 10 (0.81%) Telecoms
11 9 (0.73%) Retail Banking
12 7 (0.57%) Billing
12 7 (0.57%) Marketing
13 5 (0.41%) Games
13 5 (0.41%) General Ledger
14 4 (0.33%) Manufacturing
15 3 (0.24%) International Banking
16 2 (0.16%) French Language
17 1 (0.081%) Pharmaceutical
17 1 (0.081%) Publishing
Job Titles
1 583 (47.44%) Developer
2 342 (27.83%) Analyst
3 214 (17.41%) Business Analyst
4 209 (17.01%) Java Developer
5 112 (9.11%) C# Developer
6 109 (8.87%) C++ Developer
6 109 (8.87%) Senior Developer
7 69 (5.61%) Front Office Developer
8 67 (5.45%) Project Manager
9 60 (4.88%) Senior Java Developer
10 58 (4.72%) FX Business Analyst
11 52 (4.23%) Senior Analyst
12 49 (3.99%) Banking Analyst
13 42 (3.42%) Electronic Trading Developer
13 42 (3.42%) Support Analyst
14 41 (3.34%) Applications Support
14 41 (3.34%) Investment Banking Business Analyst
14 41 (3.34%) Murex Analyst
15 39 (3.17%) Test Analyst
16 37 (3.01%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 107 (8.71%) HTML
2 104 (8.46%) FIX Protocol
3 79 (6.43%) HTML5
4 78 (6.35%) XML
5 72 (5.86%) WPF
6 68 (5.53%) .NET
7 67 (5.45%) Spring
8 60 (4.88%) AngularJS
9 47 (3.82%) CSS
10 40 (3.25%) JMS
11 37 (3.01%) Hibernate
12 36 (2.93%) WinForms
13 30 (2.44%) REST
14 27 (2.20%) .NET Framework
14 27 (2.20%) Middleware
15 25 (2.03%) J2EE
16 24 (1.95%) FpML
16 24 (1.95%) Web Services
17 23 (1.87%) Boost C++ Libraries
17 23 (1.87%) Reactive Extensions
Miscellaneous
1 280 (22.78%) Derivative
2 255 (20.75%) Fixed Income
3 210 (17.09%) Equities
4 154 (12.53%) Analytical Skills
5 59 (4.80%) Market Risk
6 49 (3.99%) Computer Science
7 47 (3.82%) Equity Derivative
8 46 (3.74%) Credit Risk
9 43 (3.50%) Credit Derivative
10 39 (3.17%) Mathematics
11 34 (2.77%) Algorithms
11 34 (2.77%) User Experience
12 30 (2.44%) Hedge funds
13 29 (2.36%) Grid Computing
14 28 (2.28%) Data Structures
15 23 (1.87%) SWIFT
16 21 (1.71%) Fintech
17 11 (0.90%) Reference Data
18 10 (0.81%) N-Tier
19 9 (0.73%) Interest Rate Derivative
Operating Systems
1 212 (17.25%) Linux
2 193 (15.70%) Unix
3 75 (6.10%) Windows
4 18 (1.46%) Windows Server
5 13 (1.06%) Red Hat Enterprise Linux
5 13 (1.06%) Solaris
6 12 (0.98%) Windows Server 2008
7 7 (0.57%) Windows 7
8 5 (0.41%) Windows Server 2012
9 4 (0.33%) Windows 8
9 4 (0.33%) Windows Server 2003
10 3 (0.24%) Android
11 2 (0.16%) Ubuntu
11 2 (0.16%) Windows XP
12 1 (0.081%) AIX
Processes & Methodologies
1 260 (21.16%) Multithreading
2 252 (20.50%) Low Latency
3 220 (17.90%) Electronic Trading
4 193 (15.70%) Agile Software Development
5 162 (13.18%) Risk Management
6 114 (9.28%) Algorithmic Trading
7 108 (8.79%) Business Analysis
8 106 (8.62%) TDD
9 102 (8.30%) E-Commerce
10 81 (6.59%) Market Making
10 81 (6.59%) Migration
11 77 (6.27%) Project Management
12 75 (6.10%) OO
12 75 (6.10%) Stakeholder Management
13 73 (5.94%) Analytics
14 70 (5.70%) User Acceptance Testing
15 45 (3.66%) Workflow
16 39 (3.17%) SDLC
17 36 (2.93%) Front End Development
17 36 (2.93%) Unit Testing
Programming Languages
1 365 (29.70%) Java
2 281 (22.86%) SQL
3 271 (22.05%) C#
4 237 (19.28%) C++
5 112 (9.11%) Python
6 79 (6.43%) JavaScript
7 68 (5.53%) Perl
8 24 (1.95%) Shell Script
9 19 (1.55%) Scala
10 18 (1.46%) VBA
11 16 (1.30%) Bash Shell
11 16 (1.30%) T-SQL
12 10 (0.81%) PL/SQL
12 10 (0.81%) TypeScript
13 8 (0.65%) Haskell
13 8 (0.65%) R
14 6 (0.49%) Groovy
14 6 (0.49%) VB
15 5 (0.41%) C
15 5 (0.41%) PHP
Qualifications
1 102 (8.30%) Degree
2 36 (2.93%) PhD
3 13 (1.06%) ISEB
3 13 (1.06%) ISTQB
4 9 (0.73%) PMI Certification
5 6 (0.49%) ITIL Certification
5 6 (0.49%) Security Cleared
6 4 (0.33%) PMP
6 4 (0.33%) SC Cleared
7 3 (0.24%) CFA
8 1 (0.081%) CCIE
8 1 (0.081%) Cisco Certification
8 1 (0.081%) ISTQB Foundation Certification
8 1 (0.081%) PRINCE2 Certification
8 1 (0.081%) PRINCE2 Practitioner
8 1 (0.081%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 94 (7.65%) QA
2 27 (2.20%) MiFID
3 17 (1.38%) EMIR
4 13 (1.06%) Dodd-Frank
5 9 (0.73%) Data Quality
5 9 (0.73%) SLA
6 4 (0.33%) Sarbanes-Oxley
7 3 (0.24%) COBIT
8 2 (0.16%) FATCA
8 2 (0.16%) ISO 9001
8 2 (0.16%) SEPA
9 1 (0.081%) AIFMD
9 1 (0.081%) Basel III
9 1 (0.081%) COREP
9 1 (0.081%) CRD IV
9 1 (0.081%) ISO20022
9 1 (0.081%) Solvency II
System Software
1 5 (0.41%) VMware Infrastructure
2 4 (0.33%) VMware ESX
3 3 (0.24%) Docker
4 2 (0.16%) Active Directory
4 2 (0.16%) NFS
4 2 (0.16%) Platform Symphony
5 1 (0.081%) Hyper-V
5 1 (0.081%) Veritas Cluster Server
Systems Management
1 30 (2.44%) ITRS Geneos
2 23 (1.87%) HP Quality Center
3 7 (0.57%) Control-M
4 6 (0.49%) Puppet
5 4 (0.33%) Nagios
5 4 (0.33%) NetBackup
5 4 (0.33%) Tivoli
5 4 (0.33%) yum
6 3 (0.24%) BMC PATROL
6 3 (0.24%) Grafana
7 2 (0.16%) Ansible
7 2 (0.16%) Backup Exec
7 2 (0.16%) Ganglia
7 2 (0.16%) Graphite
7 2 (0.16%) Kibana
7 2 (0.16%) logstash
7 2 (0.16%) Opscode Chef
7 2 (0.16%) SCOM
8 1 (0.081%) HP Data Protector
8 1 (0.081%) Thomson Reuters DACS
Vendors
1 120 (9.76%) Oracle
2 99 (8.06%) Murex
3 58 (4.72%) Sybase
4 42 (3.42%) Microsoft
4 42 (3.42%) TIBCO
5 38 (3.09%) Calypso
6 33 (2.69%) DataSynapse
7 26 (2.12%) Adobe
8 24 (1.95%) Reuters
9 23 (1.87%) Bloomberg
10 20 (1.63%) Splunk
11 16 (1.30%) Red Hat
12 15 (1.22%) SunGard
13 14 (1.14%) ION Trading
14 13 (1.06%) HP
15 12 (0.98%) Cognos
16 11 (0.90%) Fidessa
17 9 (0.73%) Caplin
17 9 (0.73%) SAP
18 8 (0.65%) VMware
South West London
Bite Consulting
Rate: From £375 to £475 per day
Posted: 2 hours ago
City, London
Quant Capital
Rate: From £400 to £500 per day
Posted: 3 hours ago
City, London
Quant Capital
Rate: From £400 to £500 per day
Posted: 5 hours ago
City of London
Quant Capital
Rate: £450 - £500+ per day
Posted: 6 hours ago
London
TEKsystems
Rate: £600 - £650 per day
Posted: 3 days ago
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 3 days ago
London
Orgtel
Rate: £550 - £600 per day
Posted: 4 days ago
London
Nicoll Curtin
Rate: £500 - £750 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £650 per day + depending on experience
Posted: 4 days ago
London
Hays Finance Technology
Rate: £500.00 - £650.00 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 4 days ago
City, London
Nicoll Curtin
Rate: £500 - £700 per day
Posted: 4 days ago
London
Apollo Solutions
Posted: 6 days ago
City of London
iKas International
Posted: 7 days ago
London
iKas International
Rate: £600 - £650 per day
Posted: 11 days ago
London
Development and Infrastructure
Rate: £550 - 650 per day
Posted: 12 days ago
London
iKas International
Rate: £600 - £750 per day
Posted: 13 days ago
London
Hays London City Cheapside
Rate: £550.00 - £600.00 per day
Posted: 21 days ago
London
Development and Infrastructure
Rate: £550 - 650 per day
Posted: 22 days ago