Period
to 18 May 2021

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 18 May 2021 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Foreign Exchange (FX)
UK > England
6 months to
18 May 2021
Same period 2020 Same period 2019
Rank 180 215 379
Rank change year-on-year +35 +164 -149
Contract jobs citing Foreign Exchange (FX) 659 550 569
As % of all contract jobs advertised in England 1.45% 1.24% 0.68%
As % of the Miscellaneous category 4.83% 4.30% 2.35%
Number of daily rates quoted 522 477 461
10th Percentile £506 £513 £463
25th Percentile £575 £563 £525
Median daily rate (50th Percentile) £675 £650 £650
Median % change year-on-year +3.85% - -3.70%
75th Percentile £763 £731 £725
90th Percentile £800 £800 £775
UK median daily rate £675 £650 £650
% change year-on-year +3.85% - -3.70%

Foreign Exchange (FX) is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 13,650 12,785 24,179
As % of all contract IT jobs advertised in England 29.97% 28.86% 28.77%
Number of daily rates quoted 9,128 8,452 16,148
10th Percentile £281 £254 £293
25th Percentile £397 £375 £388
Median daily rate (50th Percentile) £500 £475 £475
Median % change year-on-year +5.26% - -
75th Percentile £613 £600 £588
90th Percentile £700 £700 £675
UK median daily rate £500 £475 £475
% change year-on-year +5.26% - +2.70%
Number of hourly rates quoted 536 529 777
10th Percentile £12.38 £12.61 £11.85
25th Percentile £16.41 £15.75 £14.75
Median hourly rate £25.75 £21.57 £21.00
Median % change year-on-year +19.38% +2.71% -4.55%
75th Percentile £47.50 £44.25 £44.13
90th Percentile £59.25 £53.00 £51.25
UK median hourly rate £25.50 £22.82 £20.31
% change year-on-year +11.74% +12.34% -5.96%

Foreign Exchange (FX)
Job Vacancy Trend in England

Job postings citing Foreign Exchange (FX) as a proportion of all IT jobs advertised in England.

Job vacancy trend for Foreign Exchange (FX) in England

Foreign Exchange (FX)
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Foreign Exchange (FX) in England.

Daily rate trend for Foreign Exchange (FX) in England

Foreign Exchange (FX)
Daily Rate Histogram in England

Daily rate distribution for jobs citing Foreign Exchange (FX) in England over the 6 months to 18 May 2021.

Daily rate histogram for Foreign Exchange (FX) in England

Foreign Exchange (FX)
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Foreign Exchange (FX) in England.

Hourly rate trend for Foreign Exchange (FX) in England

Foreign Exchange (FX)
Contract Job Locations in England

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 England region over the 6 months to 18 May 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -2 653 £675 +3.85% 65
East Midlands +6 2 £575 +12.20%
Midlands +1 2 £575 +9.52% 1
Foreign Exchange (FX)
UK

For the 6 months to 18 May 2021, IT contractor jobs citing Foreign Exchange (FX) also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region with a requirement for Foreign Exchange (FX).

1 383 (58.12%) Front Office
2 339 (51.44%) Java
3 308 (46.74%) Banking
4 260 (39.45%) Finance
5 221 (33.54%) Investment Banking
6 206 (31.26%) C#
7 205 (31.11%) C++
8 197 (29.89%) Agile Software Development
9 182 (27.62%) Derivative
10 177 (26.86%) Multithreading
11 174 (26.40%) Electronic Trading
12 160 (24.28%) Low Latency
13 153 (23.22%) Fixed Income
13 153 (23.22%) SQL
14 152 (23.07%) Software Engineering
15 139 (21.09%) .NET
16 137 (20.79%) Equities
17 136 (20.64%) Python
18 112 (17.00%) Social Skills
19 108 (16.39%) AWS
20 105 (15.93%) JavaScript
21 102 (15.48%) Analytical Skills
22 94 (14.26%) React
23 89 (13.51%) AngularJS
24 87 (13.20%) Hedge funds
25 81 (12.29%) Linux
26 80 (12.14%) Data Structures
27 79 (11.99%) Asset Management
28 73 (11.08%) FIX Protocol
29 71 (10.77%) Oracle

Foreign Exchange (FX)
Co-occurring IT Skills in England 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 16 (2.43%) Oracle Coherence
2 12 (1.82%) Apache Spark
3 8 (1.21%) Apache
4 7 (1.06%) Confluence
5 4 (0.61%) MQSeries
6 3 (0.46%) Oracle Workflow
6 3 (0.46%) WebSphere
7 2 (0.30%) Jupyter
8 1 (0.15%) SharePoint
Applications
1 10 (1.52%) Microsoft Excel
2 3 (0.46%) Microsoft PowerPoint
2 3 (0.46%) MS Visio
2 3 (0.46%) Spreadsheet
3 2 (0.30%) Microsoft Office
Business Applications
1 8 (1.21%) Summit
2 7 (1.06%) Refinitiv Enterprise Platform
3 6 (0.91%) Eikon
4 5 (0.76%) Markit EDM
4 5 (0.76%) Orchestrade
4 5 (0.76%) RMDS
5 2 (0.30%) Oracle FAH
5 2 (0.30%) Oracle General Ledger
5 2 (0.30%) Oracle Subledger Accounting
5 2 (0.30%) SAP FI
6 1 (0.15%) BusinessWorks
6 1 (0.15%) Loan IQ
6 1 (0.15%) PolarLake
6 1 (0.15%) SAP CO
6 1 (0.15%) SAP ERP
6 1 (0.15%) SAP FI/CO
6 1 (0.15%) SAP S/4HANA
6 1 (0.15%) Temenos T24
6 1 (0.15%) thinkFolio
Cloud Services
1 108 (16.39%) AWS
2 41 (6.22%) Azure
3 31 (4.70%) GCP
4 26 (3.95%) Amazon S3
5 25 (3.79%) Amazon EC2
5 25 (3.79%) AWS Lambda
5 25 (3.79%) Serverless
6 23 (3.49%) AWS CloudFormation
7 2 (0.30%) Cloud Computing
7 2 (0.30%) Microsoft 365
7 2 (0.30%) SaaS
8 1 (0.15%) Amazon EMR
8 1 (0.15%) Amazon Kinesis
8 1 (0.15%) Amazon SQS
8 1 (0.15%) Azure Active Directory
8 1 (0.15%) OneDrive
8 1 (0.15%) OpenShift
Communications & Networking
1 13 (1.97%) TCP/IP
2 9 (1.37%) SSL
3 7 (1.06%) Firewall
3 7 (1.06%) Multicast
4 2 (0.30%) HTTP
4 2 (0.30%) LAN
4 2 (0.30%) RTMP
4 2 (0.30%) VPN
4 2 (0.30%) WAN
4 2 (0.30%) Wireless
5 1 (0.15%) Cisco IPT
5 1 (0.15%) FTP
5 1 (0.15%) Internet
5 1 (0.15%) PuTTY
5 1 (0.15%) Unified Communications
5 1 (0.15%) WebEx
Database & Business Intelligence
1 25 (3.79%) Amazon DynamoDB
1 25 (3.79%) SQL Server
2 19 (2.88%) Hazelcast
3 17 (2.58%) Relational Database
4 15 (2.28%) Redis
5 12 (1.82%) NoSQL
6 10 (1.52%) Big Data
6 10 (1.52%) KDB
7 8 (1.21%) Apache Ignite
7 8 (1.21%) MongoDB
8 6 (0.91%) Oracle Reports
9 5 (0.76%) InterSystems Cache
10 4 (0.61%) Data Lake
11 3 (0.46%) Blockchain
12 2 (0.30%) DB2
12 2 (0.30%) Kdb+
12 2 (0.30%) PostgreSQL
12 2 (0.30%) RDBMS
12 2 (0.30%) SQL Server Integration Services
12 2 (0.30%) SQL Server Reporting Services
Development Applications
1 40 (6.07%) JIRA
2 33 (5.01%) TeamCity
3 30 (4.55%) Jenkins
4 21 (3.19%) Git (software)
5 14 (2.12%) GCC
5 14 (2.12%) GDB
5 14 (2.12%) Octopus Deploy
6 12 (1.82%) Bitbucket
7 8 (1.21%) Subversion
8 6 (0.91%) NUnit
9 4 (0.61%) Cucumber
9 4 (0.61%) git-flow
9 4 (0.61%) IntelliJ
9 4 (0.61%) Maven
10 3 (0.46%) Selenium
10 3 (0.46%) TestComplete
11 1 (0.15%) Storybook
11 1 (0.15%) webpack
General
1 383 (58.12%) Front Office
2 308 (46.74%) Banking
3 260 (39.45%) Finance
4 221 (33.54%) Investment Banking
5 112 (17.00%) Social Skills
6 102 (15.48%) Analytical Skills
7 16 (2.43%) Back Office
8 13 (1.97%) Financial Institution
9 10 (1.52%) Prime Brokerage
10 9 (1.37%) French Language
11 7 (1.06%) Retail
12 4 (0.61%) Legal
12 4 (0.61%) Manufacturing
12 4 (0.61%) Private Banking
12 4 (0.61%) Public Sector
13 3 (0.46%) Aerospace
13 3 (0.46%) International Banking
14 2 (0.30%) General Ledger
14 2 (0.30%) Marketing
14 2 (0.30%) Retail Banking
Job Titles
1 472 (71.62%) Developer
2 213 (32.32%) Java Developer
3 119 (18.06%) Front Office Developer
4 75 (11.38%) Investment Banking Java Developer
5 73 (11.08%) C++ Developer
6 72 (10.93%) C# Developer
7 67 (10.17%) Analyst
8 59 (8.95%) Electronic Trading Developer
8 59 (8.95%) Electronic Trading Java Developer
9 54 (8.19%) Software Engineer
10 53 (8.04%) Lead Developer
11 46 (6.98%) Quantitative Developer
12 45 (6.83%) JavaScript Developer
13 44 (6.68%) Business Analyst
13 44 (6.68%) Developer/Software Engineer
14 40 (6.07%) Python Developer
15 39 (5.92%) React Developer
16 33 (5.01%) SQL Developer
17 30 (4.55%) Senior Developer
18 29 (4.40%) C# Quant Developer
Libraries, Frameworks & Software Standards
1 139 (21.09%) .NET
2 94 (14.26%) React
3 89 (13.51%) AngularJS
4 73 (11.08%) FIX Protocol
5 58 (8.80%) .NET Core
5 58 (8.80%) Web Services
6 52 (7.89%) Spring
7 50 (7.59%) HTML
8 43 (6.53%) Kafka
9 40 (6.07%) Node.js
10 39 (5.92%) Spring Boot
10 39 (5.92%) Vue.js
11 37 (5.61%) Middleware
12 36 (5.46%) HTML5
13 31 (4.70%) Rendezvous
14 22 (3.34%) WPF
15 20 (3.03%) RESTful
16 19 (2.88%) GraphQL
17 18 (2.73%) .NET Framework
18 14 (2.12%) WCF
Miscellaneous
1 182 (27.62%) Derivative
2 153 (23.22%) Fixed Income
3 137 (20.79%) Equities
4 87 (13.20%) Hedge funds
5 80 (12.14%) Data Structures
6 61 (9.26%) Greenfield Project
7 45 (6.83%) Algorithms
8 42 (6.37%) Enterprise Software
9 20 (3.03%) User Experience
10 19 (2.88%) Credit Risk
11 12 (1.82%) Management Information System
12 11 (1.67%) Market Risk
13 10 (1.52%) Analytical Mindset
14 9 (1.37%) Grid Computing
15 6 (0.91%) SWIFT
16 5 (0.76%) Client/Server
16 5 (0.76%) Interest Rate Derivative
17 4 (0.61%) Equity Derivative
17 4 (0.61%) N-Tier
18 3 (0.46%) Mobile Payment
Operating Systems
1 81 (12.29%) Linux
2 30 (4.55%) Unix
3 21 (3.19%) Windows
4 7 (1.06%) Red Hat Enterprise Linux
5 5 (0.76%) Windows Server
6 2 (0.30%) Android
6 2 (0.30%) Apple iOS
7 1 (0.15%) Windows 10
Processes & Methodologies
1 197 (29.89%) Agile Software Development
2 177 (26.86%) Multithreading
3 174 (26.40%) Electronic Trading
4 160 (24.28%) Low Latency
5 152 (23.07%) Software Engineering
6 79 (11.99%) Asset Management
7 68 (10.32%) TDD
8 64 (9.71%) Multithreaded Programming
9 58 (8.80%) Refactoring
9 58 (8.80%) Unit Testing
10 56 (8.50%) Analytics
11 55 (8.35%) SDLC
12 54 (8.19%) Algorithmic Trading
12 54 (8.19%) Performance Tuning
13 53 (8.04%) Migration
14 51 (7.74%) BDD
14 51 (7.74%) DevOps
15 50 (7.59%) Fintech
16 47 (7.13%) Test Strategy
17 46 (6.98%) Investment Management
Programming Languages
1 339 (51.44%) Java
2 206 (31.26%) C#
3 205 (31.11%) C++
4 153 (23.22%) SQL
5 136 (20.64%) Python
6 105 (15.93%) JavaScript
7 67 (10.17%) TypeScript
8 55 (8.35%) Kotlin
9 46 (6.98%) Scala
10 27 (4.10%) PL/SQL
11 22 (3.34%) Java 8
11 22 (3.34%) Java 9
12 17 (2.58%) Haskell
13 11 (1.67%) C
14 10 (1.52%) Perl
15 6 (0.91%) ES6
16 5 (0.76%) Clojure
17 4 (0.61%) Bash Shell
17 4 (0.61%) VBA
18 3 (0.46%) T-SQL
Qualifications
1 59 (8.95%) Degree
2 15 (2.28%) Computer Science Degree
3 12 (1.82%) PhD
4 3 (0.46%) Numerate Degree
5 2 (0.30%) ACCA
5 2 (0.30%) CIMA
5 2 (0.30%) PMP
6 1 (0.15%) MCT
6 1 (0.15%) SAP Certification
Quality Assurance & Compliance
1 21 (3.19%) MiFID
2 10 (1.52%) QA
3 4 (0.61%) SEPA
4 3 (0.46%) IFRS
5 2 (0.30%) Dodd-Frank
5 2 (0.30%) GAAP
5 2 (0.30%) ISO 20022
6 1 (0.15%) Data Quality
6 1 (0.15%) SLA
System Software
1 15 (2.28%) Docker
2 2 (0.30%) Active Directory
2 2 (0.30%) VMware ESXi
2 2 (0.30%) VMware Infrastructure
2 2 (0.30%) vSphere
3 1 (0.15%) HDFS
3 1 (0.15%) Platform Symphony
Systems Management
1 31 (4.70%) Terraform
2 14 (2.12%) Kubernetes
3 12 (1.82%) Ansible
4 7 (1.06%) Puppet
5 6 (0.91%) Opscode Chef
6 3 (0.46%) Grafana
6 3 (0.46%) HP ALM
7 2 (0.30%) Microsoft Intune
7 2 (0.30%) SCCM
8 1 (0.15%) BladeLogic
8 1 (0.15%) HP Quality Center
8 1 (0.15%) Istio
Vendors
1 71 (10.77%) Oracle
2 32 (4.86%) TIBCO
3 17 (2.58%) ION Trading
3 17 (2.58%) Murex
4 16 (2.43%) Solace
5 12 (1.82%) Bloomberg
6 11 (1.67%) Microsoft
6 11 (1.67%) Reuters
7 10 (1.52%) IBM
8 8 (1.21%) Citrix
8 8 (1.21%) Google
8 8 (1.21%) Red Hat
9 6 (0.91%) FXall
9 6 (0.91%) Refinitiv
10 5 (0.76%) Charles River
10 5 (0.76%) Currenex
10 5 (0.76%) Sun
11 4 (0.61%) SAP
11 4 (0.61%) SimCorp
11 4 (0.61%) Sybase