Foreign Exchange (FX) Contracts in England

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 3 months to 26 June 2017 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
Location	3 months to 26 Jun 2017	Same period 2016	Same period 2015
Rank	156	266	245
Rank change year-on-year	+110	-21
Contract jobs citing Foreign Exchange (FX)	716	453	495
As % of all contract IT jobs advertised in England	1.66%	0.93%	0.97%
As % of the Miscellaneous category	4.95%	2.79%	3.02%
Number of daily rates quoted	562	386	418
Median daily rate	£600	£600	£600
90% offered a daily rate of more than	£475	£450	£450
10% offered a daily rate of more than	£725	£700	£725
UK excluding London median daily rate	£413	£375	£425
% change year-on-year	+10.00%	-11.76%
Number of hourly rates quoted	2	3	0
Median hourly rate	£45.00	£80.00	-
Median hourly rate % change year-on-year	-43.75%	-
UK excluding London median hourly rate	£47.50	-	-

Foreign Exchange (FX) is in the generic IT skills category. The next 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.

Generic IT Skills England
Contract job vacancies with a requirement for generic IT skills	14478	16219	16382
As % of all contract IT job vacancies advertised in England	33.54%	33.28%	32.18%
Number of daily rates quoted	9485	10793	10517
Median daily rate	£463	£440	£425
Median daily rate % change year-on-year	+5.11%	+3.52%
90% offered a daily rate of more than	£280	£273	£255
10% offered a daily rate of more than	£650	£615	£620
UK excluding London median daily rate	£400	£390	£375
% change year-on-year	+2.56%	+4.00%
Number of hourly rates quoted	446	523	579
Median hourly rate	£21.70	£21.50	£19.00
Median hourly rate % change year-on-year	+0.93%	+13.15%
90% offered a hourly rate of more than	£12.00	£12.49	£12.10
10% offered a hourly rate of more than	£50.00	£47.13	£45.00
UK excluding London median hourly rate	£25.00	£23.00	£18.88
% change year-on-year	+8.69%	+21.82%

Foreign Exchange (FX)
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing Foreign Exchange (FX) as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Foreign Exchange (FX) in England

Foreign Exchange (FX)
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Foreign Exchange (FX) in England.

Contractor daily rate trend for Foreign Exchange (FX) in England

Foreign Exchange (FX)
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Foreign Exchange (FX) in England over the 3 months to 26 June 2017.

Contractor daily rate histogram for Foreign Exchange (FX) in England

Foreign Exchange (FX)
Contractor Hourly Rate Trend in England

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Foreign Exchange (FX) in England.

Contractor 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 3 months to 26 June 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
London	+51	706	£600	-1.63%	113
South East	+16	6	£488	+8.33%	1
North West	-	3	£500	-	1
Foreign Exchange (FX) UK

Foreign Exchange (FX)
Top 30 Co-occurring IT Skills in England

For the 6 months to 26 June 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 across the England region with a requirement for Foreign Exchange (FX).

1	573 (44.94%)	Front Office
2	570 (44.71%)	Banking
3	563 (44.16%)	Finance
4	491 (38.51%)	Java
5	338 (26.51%)	SQL
6	333 (26.12%)	Investment Banking
7	315 (24.71%)	Agile Software Development
8	309 (24.24%)	Multithreading
8	309 (24.24%)	Electronic Trading
9	292 (22.90%)	Low Latency
10	284 (22.27%)	Derivative
11	282 (22.12%)	C++
12	273 (21.41%)	Equities
13	258 (20.24%)	Fixed Income
14	230 (18.04%)	C#

15	184 (14.43%)	Unix
16	162 (12.71%)	JavaScript
17	159 (12.47%)	HTML
18	152 (11.92%)	Linux
19	140 (10.98%)	Analytical Skills
20	137 (10.75%)	HTML5
21	133 (10.43%)	Python
22	131 (10.27%)	Oracle
23	130 (10.20%)	Degree
24	117 (9.18%)	Greenfield Project
25	115 (9.02%)	MiFID
26	114 (8.94%)	.NET
27	112 (8.78%)	AngularJS
28	111 (8.71%)	SDLC
28	111 (8.71%)	Test Automation

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
Applications
Business Applications
Cloud Services
Communications & Networking
Database & Business Intelligence
Development Applications
General
Job Titles
Libraries, Frameworks & Software Standards
Miscellaneous
Operating Systems
Processes & Methodologies
Programming Languages
Qualifications
Quality Assurance & Compliance
System Software
Systems Management
Vendors

Application Platforms
1	27 (2.12%)	CMS
2	24 (1.88%)	Oracle Coherence
3	22 (1.73%)	Apache Spark
4	17 (1.33%)	MQSeries
5	13 (1.02%)	Confluence
6	12 (0.94%)	WebLogic
7	11 (0.86%)	Tomcat
7	11 (0.86%)	WebSphere
8	7 (0.55%)	Elasticsearch
9	6 (0.47%)	Mule
9	6 (0.47%)	SharePoint
10	3 (0.24%)	Adobe Experience Manager
10	3 (0.24%)	Apache
10	3 (0.24%)	BizTalk Server
10	3 (0.24%)	IIS
10	3 (0.24%)	Oracle SOA Suite
10	3 (0.24%)	Oracle Workflow
11	2 (0.16%)	Apache Pig
12	1 (0.078%)	Jupyter
12	1 (0.078%)	Sitecore CMS

Applications
1	57 (4.47%)	Microsoft Excel
2	33 (2.59%)	Spreadsheet
3	19 (1.49%)	MS Visio
4	17 (1.33%)	Microsoft Office
5	10 (0.78%)	Microsoft Project
6	7 (0.55%)	Microsoft PowerPoint
7	5 (0.39%)	Photoshop
8	4 (0.31%)	Adobe Illustrator
9	2 (0.16%)	S-PLUS

Business Applications
1	29 (2.27%)	ION MarketView
2	16 (1.25%)	Summit
3	12 (0.94%)	Global One
4	9 (0.71%)	RMDS
5	8 (0.63%)	Payment Gateway
6	6 (0.47%)	Endur
6	6 (0.47%)	thinkFolio
7	4 (0.31%)	Loan IQ
7	4 (0.31%)	Markit EDM
7	4 (0.31%)	Murex MxG2000
8	3 (0.24%)	Bloomberg TOMS
8	3 (0.24%)	Kondor
8	3 (0.24%)	Minerva
8	3 (0.24%)	Orchestrade
8	3 (0.24%)	SimCorp Dimension
8	3 (0.24%)	SunGard GMI
9	2 (0.16%)	SAP CO
9	2 (0.16%)	SAP FI
9	2 (0.16%)	SAP FI/CO
9	2 (0.16%)	SAP Oil and Gas

Cloud Services
1	4 (0.31%)	Amazon AWS
2	2 (0.16%)	Cloud Computing
2	2 (0.16%)	GitHub
3	1 (0.078%)	Adobe Analytics
3	1 (0.078%)	BrowserStack
3	1 (0.078%)	Microsoft Azure
3	1 (0.078%)	PaaS
3	1 (0.078%)	SaaS
3	1 (0.078%)	Sauce Labs

Communications & Networking
1	20 (1.57%)	Firewall
2	10 (0.78%)	MPLS
3	8 (0.63%)	TCP/IP
4	6 (0.47%)	Internet
5	5 (0.39%)	SSL
6	3 (0.24%)	FIX Connectivity
6	3 (0.24%)	FTP
6	3 (0.24%)	LAN
6	3 (0.24%)	WAN
7	2 (0.16%)	DNS
7	2 (0.16%)	Ethernet
7	2 (0.16%)	IPsec
7	2 (0.16%)	VPN
8	1 (0.078%)	Intranet
8	1 (0.078%)	SAN

Database & Business Intelligence
1	70 (5.49%)	SQL Server
2	55 (4.31%)	Relational Database
3	53 (4.16%)	KDB
4	47 (3.69%)	Big Data
5	30 (2.35%)	Hadoop
6	26 (2.04%)	Data Mart
7	22 (1.73%)	Kdb+
8	21 (1.65%)	NoSQL
8	21 (1.65%)	SQL Server Integration Services
9	17 (1.33%)	MongoDB
10	16 (1.25%)	Data Warehouse
10	16 (1.25%)	Redis
11	12 (0.94%)	BusinessObjects
11	12 (0.94%)	SQL Server Reporting Services
12	10 (0.78%)	SQL Server 2008
13	9 (0.71%)	Apache Cassandra
13	9 (0.71%)	DB2
13	9 (0.71%)	HBase
14	8 (0.63%)	PostgreSQL
15	7 (0.55%)	RDBMS

Development Applications
1	59 (4.63%)	JIRA
2	58 (4.55%)	Git (software)
3	54 (4.24%)	Maven
4	33 (2.59%)	JUnit
5	32 (2.51%)	Jenkins
6	30 (2.35%)	NUnit
7	29 (2.27%)	TeamCity
8	28 (2.20%)	Mockito
9	27 (2.12%)	Selenium
10	21 (1.65%)	Gradle
11	18 (1.41%)	Grunt
12	16 (1.25%)	Cucumber
13	13 (1.02%)	gulp
14	12 (0.94%)	Subversion
14	12 (0.94%)	webpack
15	9 (0.71%)	Visual Studio
16	8 (0.63%)	EasyMock
17	7 (0.55%)	Moq
17	7 (0.55%)	Protractor
17	7 (0.55%)	Team Foundation Server

General
1	573 (44.94%)	Front Office
2	570 (44.71%)	Banking
3	563 (44.16%)	Finance
4	333 (26.12%)	Investment Banking
5	49 (3.84%)	Financial Institution
6	46 (3.61%)	Back Office
7	19 (1.49%)	Legal
8	15 (1.18%)	Marketing
9	13 (1.02%)	Prime Brokerage
10	9 (0.71%)	Retail
11	8 (0.63%)	German Language
12	7 (0.55%)	French Language
12	7 (0.55%)	Wholesale Banking
13	6 (0.47%)	General Ledger
14	3 (0.24%)	Retail Banking
14	3 (0.24%)	Telecoms
15	2 (0.16%)	Billing
15	2 (0.16%)	Corporate Banking
15	2 (0.16%)	Games
15	2 (0.16%)	Spanish Language

Job Titles
1	772 (60.55%)	Developer
2	306 (24.00%)	Java Developer
3	265 (20.78%)	Analyst
4	159 (12.47%)	Business Analyst
5	141 (11.06%)	C++ Developer
6	127 (9.96%)	Electronic Trading Developer
7	114 (8.94%)	C# Developer
8	93 (7.29%)	Front Office Developer
9	89 (6.98%)	Senior Developer
10	88 (6.90%)	Electronic Trading Java Developer
11	72 (5.65%)	Project Manager
12	62 (4.86%)	FX Business Analyst
12	62 (4.86%)	Low Latency Java Developer
13	55 (4.31%)	Senior Java Developer
14	52 (4.08%)	JavaScript Developer
15	51 (4.00%)	Python Developer
16	47 (3.69%)	Quantitative Developer
17	41 (3.22%)	Angular Developer
18	40 (3.14%)	.NET Developer
19	39 (3.06%)	Support Analyst

Libraries, Frameworks & Software Standards
1	159 (12.47%)	HTML
2	137 (10.75%)	HTML5
3	114 (8.94%)	.NET
4	112 (8.78%)	AngularJS
5	93 (7.29%)	Spring
6	92 (7.22%)	FIX Protocol
7	77 (6.04%)	XML
8	73 (5.73%)	Middleware
9	68 (5.33%)	React
10	65 (5.10%)	WPF
11	63 (4.94%)	CSS
12	57 (4.47%)	STL
13	55 (4.31%)	Node.js
14	52 (4.08%)	Boost C++ Libraries
15	51 (4.00%)	JNI
16	46 (3.61%)	REST
17	41 (3.22%)	Spring Boot
18	40 (3.14%)	JMS
19	33 (2.59%)	RESTful
20	32 (2.51%)	Hibernate

Miscellaneous
1	284 (22.27%)	Derivative
2	273 (21.41%)	Equities
3	258 (20.24%)	Fixed Income
4	140 (10.98%)	Analytical Skills
5	117 (9.18%)	Greenfield Project
6	57 (4.47%)	User Experience
7	53 (4.16%)	Fintech
8	51 (4.00%)	Computer Science
9	43 (3.37%)	Algorithms
9	43 (3.37%)	Interest Rate Derivative
10	35 (2.75%)	OTC Derivatives
11	34 (2.67%)	Market Risk
11	34 (2.67%)	Virtual Team
12	23 (1.80%)	Equity Derivative
13	22 (1.73%)	PMI
14	21 (1.65%)	Data Structures
14	21 (1.65%)	Hedge funds
15	20 (1.57%)	Management Information System
16	19 (1.49%)	Credit Derivative
17	18 (1.41%)	Credit Risk

Operating Systems
1	184 (14.43%)	Unix
2	152 (11.92%)	Linux
3	65 (5.10%)	Windows
4	12 (0.94%)	Solaris
5	7 (0.55%)	Windows 7
5	7 (0.55%)	Windows Server
6	3 (0.24%)	Apple iOS
7	2 (0.16%)	AIX
7	2 (0.16%)	Android
8	1 (0.078%)	Windows Server 2008

Processes & Methodologies
1	315 (24.71%)	Agile Software Development
2	309 (24.24%)	Electronic Trading
2	309 (24.24%)	Multithreading
3	292 (22.90%)	Low Latency
4	111 (8.71%)	SDLC
4	111 (8.71%)	Test Automation
5	105 (8.24%)	Analytics
6	103 (8.08%)	TDD
7	94 (7.37%)	Multithreaded Programming
8	88 (6.90%)	Algorithmic Trading
8	88 (6.90%)	Risk Management
9	87 (6.82%)	OO
10	82 (6.43%)	Scrum
11	80 (6.27%)	E-Commerce
12	71 (5.57%)	Business Analysis
13	69 (5.41%)	Unit Testing
14	68 (5.33%)	Change Management
15	65 (5.10%)	Stakeholder Management
16	61 (4.78%)	Continuous Integration
16	61 (4.78%)	Software Engineering

Programming Languages
1	491 (38.51%)	Java
2	338 (26.51%)	SQL
3	282 (22.12%)	C++
4	230 (18.04%)	C#
5	162 (12.71%)	JavaScript
6	133 (10.43%)	Python
7	47 (3.69%)	C
8	46 (3.61%)	Shell Script
9	38 (2.98%)	Scala
9	38 (2.98%)	VBA
10	33 (2.59%)	Perl
11	32 (2.51%)	ES6
12	23 (1.80%)	T-SQL
13	21 (1.65%)	Bash Shell
14	15 (1.18%)	PL/SQL
15	13 (1.02%)	Korn
16	12 (0.94%)	XAML
17	10 (0.78%)	MATLAB
18	9 (0.71%)	TypeScript
19	8 (0.63%)	R

Qualifications
1	130 (10.20%)	Degree
2	27 (2.12%)	PMI Certification
3	23 (1.80%)	Computer Science Degree
4	22 (1.73%)	PhD
5	20 (1.57%)	PMP
6	9 (0.71%)	Master's Degree
7	8 (0.63%)	ISEB
7	8 (0.63%)	Numerate Degree
8	6 (0.47%)	CFA
9	3 (0.24%)	ISTQB
9	3 (0.24%)	MBA
10	2 (0.16%)	BPSS Clearance
10	2 (0.16%)	PRINCE2 Certification
10	2 (0.16%)	Security Cleared
11	1 (0.078%)	A+ Certification
11	1 (0.078%)	AAT
11	1 (0.078%)	CIMA
11	1 (0.078%)	IIBA
11	1 (0.078%)	PRINCE2 Practitioner
11	1 (0.078%)	SC Cleared

Quality Assurance & Compliance
1	115 (9.02%)	MiFID
2	37 (2.90%)	QA
3	23 (1.80%)	EMIR
4	15 (1.18%)	Dodd-Frank
5	9 (0.71%)	PMO
6	7 (0.55%)	Data Quality
6	7 (0.55%)	FATCA
6	7 (0.55%)	IFRS
7	6 (0.47%)	SLA
8	4 (0.31%)	Solvency II
9	3 (0.24%)	Basel III
9	3 (0.24%)	CRD IV
10	2 (0.16%)	COREP
10	2 (0.16%)	FINREP
10	2 (0.16%)	GAAP
10	2 (0.16%)	IAS 39
10	2 (0.16%)	IFRS 9
10	2 (0.16%)	PCI DSS
11	1 (0.078%)	GDPR
11	1 (0.078%)	Sarbanes-Oxley

System Software
1	14 (1.10%)	VMware Infrastructure
2	11 (0.86%)	HDFS
3	9 (0.71%)	Docker
4	2 (0.16%)	Active Directory
4	2 (0.16%)	Hyper-V
4	2 (0.16%)	KVM
4	2 (0.16%)	Oracle RAC
4	2 (0.16%)	Virtual Machines
5	1 (0.078%)	Platform Symphony

Systems Management
1	7 (0.55%)	Control-M
1	7 (0.55%)	HP Quality Center
2	6 (0.47%)	Ansible
2	6 (0.47%)	Kubernetes
3	3 (0.24%)	ITRS Geneos
4	2 (0.16%)	Cisco Prime
5	1 (0.078%)	Ganglia
5	1 (0.078%)	Kibana
5	1 (0.078%)	logstash
5	1 (0.078%)	Opscode Chef
5	1 (0.078%)	Puppet
5	1 (0.078%)	Thomson Reuters DACS
5	1 (0.078%)	yum

Vendors
1	131 (10.27%)	Oracle
2	107 (8.39%)	Murex
3	66 (5.18%)	Sybase
4	62 (4.86%)	TIBCO
5	61 (4.78%)	Microsoft
6	59 (4.63%)	ION Trading
7	45 (3.53%)	Bloomberg
8	41 (3.22%)	Reuters
9	40 (3.14%)	Solace
10	18 (1.41%)	Calypso
11	15 (1.18%)	FXall
12	14 (1.10%)	VMware
13	13 (1.02%)	IBM
13	13 (1.02%)	SAP
14	11 (0.86%)	Charles River
14	11 (0.86%)	Talarian
15	9 (0.71%)	Adobe
15	9 (0.71%)	Fortinet
15	9 (0.71%)	Informatica
15	9 (0.71%)	Salesforce.com