Period
to 25 September 2017

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 25 September 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
6 months to
25 Sep 2017
Same period 2016 Same period 2015
Rank 169 288 259
Rank change year-on-year +119 -29 -62
Contract jobs citing Foreign Exchange (FX) 1507 912 1088
As % of all contract IT jobs advertised in the UK 1.53% 0.86% 0.95%
As % of the Miscellaneous category 4.59% 2.58% 2.97%
Number of daily rates quoted 1160 724 873
UK median daily rate £600 £600 £600
10th Percentile £450 £402 £413
90th Percentile £763 £725 £750
UK excluding London median daily rate £475 £375 £581
% change year-on-year +26.67% -35.48% +50.00%
Number of hourly rates quoted 4 3 1
UK median hourly rate £46.25 £80.00 £16.50
Median hourly rate % change year-on-year -42.19% +384.85% -10.81%
10th Percentile £42.38 £51.00 £15.75
90th Percentile £151.13 £97.00 £17.25
UK excluding London median hourly rate £45.00 - £16.50

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 with a requirement for generic IT skills.

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 32822 35285 36670
As % of all contract IT jobs advertised in the UK 33.42% 33.30% 32.16%
Number of daily rates quoted 21534 23171 23096
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £263 £250 £243
90th Percentile £650 £625 £613
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 977 1182 1420
UK median hourly rate £21.90 £20.50 £18.89
Median hourly rate % change year-on-year +6.83% +8.52% -3.44%
10th Percentile £11.25 £11.63 £11.17
90th Percentile £50.00 £46.74 £47.50
UK excluding London median hourly rate £21.25 £21.00 £18.00
% change year-on-year +1.19% +16.67% -5.26%

Foreign Exchange (FX)
Job Vacancy Trend

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

Job vacancy trend for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Contractor Daily Rate Trend

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

Contractor daily rate trend for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Foreign Exchange (FX) over the 6 months to 25 September 2017.

Contractor daily rate histogram for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Foreign Exchange (FX) over the 6 months to 25 September 2017.

Contractor hourly rate histogram for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Top 10 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 6 months to 25 September 2017. 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
England +120 1462 £600 - 62
London +59 1437 £600 - 59
UK excluding London +46 64 £475 +26.67% 4
Northern Ireland - 18 £164 -
Scotland +5 15 £500 +33.33% 1
South East +9 11 £500 +42.65% 1
North of England +63 10 £453 +29.29%
North West +37 10 £453 +39.23%
Channel Islands - 9 - -
South West +11 3 £413 -17.50% 1

For the 6 months to 25 September 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).

1 725 (48.11%) Front Office
2 681 (45.19%) Banking
3 650 (43.13%) Finance
4 626 (41.54%) Java
5 412 (27.34%) Agile Software Development
6 389 (25.81%) Investment Banking
7 378 (25.08%) Electronic Trading
8 369 (24.49%) Multithreading
9 345 (22.89%) Low Latency
10 331 (21.96%) SQL
11 324 (21.50%) C++
12 306 (20.31%) Fixed Income
13 302 (20.04%) Derivative
14 291 (19.31%) C#
15 253 (16.79%) Equities
16 214 (14.20%) Linux
17 197 (13.07%) Unix
18 180 (11.94%) Python
19 179 (11.88%) JavaScript
20 172 (11.41%) HTML
21 151 (10.02%) HTML5
22 149 (9.89%) Oracle
23 148 (9.82%) .NET
24 137 (9.09%) Algorithmic Trading
25 135 (8.96%) Analytical Skills
26 134 (8.89%) AngularJS
27 133 (8.83%) Greenfield Project
28 131 (8.69%) TDD
29 127 (8.43%) Multithreaded Programming
30 124 (8.23%) Test Automation

Foreign Exchange (FX)
Co-occurring 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 31 (2.06%) Oracle Coherence
2 28 (1.86%) CMS
3 26 (1.73%) Apache Spark
4 22 (1.46%) MQSeries
5 11 (0.73%) Confluence
5 11 (0.73%) Elasticsearch
5 11 (0.73%) WebSphere
6 8 (0.53%) SharePoint
7 3 (0.20%) Apache
7 3 (0.20%) Oracle Workflow
7 3 (0.20%) Tomcat
7 3 (0.20%) WebLogic
8 2 (0.13%) DataSynapse
8 2 (0.13%) IIS
9 1 (0.066%) CICS
9 1 (0.066%) MS Exchange
9 1 (0.066%) Oracle SOA Suite
9 1 (0.066%) PegaRULES
9 1 (0.066%) SAS
9 1 (0.066%) Sitecore CMS
Applications
1 82 (5.44%) Microsoft Excel
2 34 (2.26%) Spreadsheet
3 22 (1.46%) Microsoft Project
4 16 (1.06%) Microsoft Office
5 15 (1.00%) MS Visio
6 13 (0.86%) Microsoft PowerPoint
7 6 (0.40%) Photoshop
8 5 (0.33%) Adobe Illustrator
Business Applications
1 33 (2.19%) ION MarketView
2 21 (1.39%) RMDS
3 13 (0.86%) Summit
4 12 (0.80%) Global One
5 5 (0.33%) Endur
6 4 (0.27%) Bloomberg TOMS
6 4 (0.27%) Kondor
6 4 (0.27%) Markit EDM
6 4 (0.27%) MetaTrader
6 4 (0.27%) Payment Gateway
7 3 (0.20%) Loan IQ
7 3 (0.20%) SAP FSCM
7 3 (0.20%) SunGard GMI
7 3 (0.20%) thinkFolio
8 1 (0.066%) BusinessWorks
8 1 (0.066%) Front Arena
8 1 (0.066%) LatentZero
8 1 (0.066%) SAP CO
8 1 (0.066%) SAP FI
8 1 (0.066%) SAP FI/CO
Cloud Services
1 13 (0.86%) npm
2 8 (0.53%) Amazon AWS
3 7 (0.46%) PaaS
4 5 (0.33%) Yarn
5 4 (0.27%) GitHub
5 4 (0.27%) Microsoft Azure
6 2 (0.13%) Cloud Computing
7 1 (0.066%) SaaS
Communications & Networking
1 25 (1.66%) TCP/IP
2 19 (1.26%) Firewall
3 8 (0.53%) LAN
3 8 (0.53%) SSL
4 7 (0.46%) FIX Connectivity
5 5 (0.33%) MPLS
6 4 (0.27%) Internet
7 3 (0.20%) SAN
7 3 (0.20%) WAN
8 2 (0.13%) DNS
8 2 (0.13%) FTP
8 2 (0.13%) Intranet
8 2 (0.13%) VPN
9 1 (0.066%) Ethernet
9 1 (0.066%) IPsec
9 1 (0.066%) SNA
Database & Business Intelligence
1 99 (6.57%) SQL Server
2 76 (5.04%) Relational Database
3 53 (3.52%) Big Data
4 35 (2.32%) KDB
5 26 (1.73%) Hadoop
6 22 (1.46%) MongoDB
6 22 (1.46%) NoSQL
7 18 (1.19%) SQL Server 2008
8 16 (1.06%) SQL Server Integration Services
9 15 (1.00%) Blockchain
9 15 (1.00%) BusinessObjects
10 13 (0.86%) Apache Cassandra
10 13 (0.86%) RDBMS
10 13 (0.86%) Redis
11 12 (0.80%) Kdb+
11 12 (0.80%) OLAP
11 12 (0.80%) PostgreSQL
12 11 (0.73%) SQL Server Analysis Services
13 10 (0.66%) Data Mart
14 9 (0.60%) ObjectStore
Development Applications
1 88 (5.84%) Git (software)
2 74 (4.91%) JIRA
3 62 (4.11%) Maven
4 42 (2.79%) TeamCity
5 32 (2.12%) JUnit
6 30 (1.99%) Visual Studio
7 29 (1.92%) NUnit
8 28 (1.86%) Gradle
9 21 (1.39%) Jenkins
9 21 (1.39%) Selenium
10 18 (1.19%) Grunt
11 17 (1.13%) Mockito
12 16 (1.06%) Subversion
13 15 (1.00%) Cucumber
14 13 (0.86%) gulp
14 13 (0.86%) Team Foundation Server
15 10 (0.66%) Bitbucket
15 10 (0.66%) Eclipse
16 8 (0.53%) Atlassian Bamboo
16 8 (0.53%) webpack
General
1 725 (48.11%) Front Office
2 681 (45.19%) Banking
3 650 (43.13%) Finance
4 389 (25.81%) Investment Banking
5 63 (4.18%) Back Office
6 56 (3.72%) Financial Institution
7 20 (1.33%) Legal
8 11 (0.73%) Marketing
9 10 (0.66%) International Banking
9 10 (0.66%) Retail
10 8 (0.53%) German Language
11 7 (0.46%) Pharmaceutical
11 7 (0.46%) Prime Brokerage
12 5 (0.33%) French Language
13 4 (0.27%) Telecoms
13 4 (0.27%) Wholesale Banking
14 3 (0.20%) Games
14 3 (0.20%) General Ledger
15 2 (0.13%) Manufacturing
15 2 (0.13%) Spanish Language
Job Titles
1 927 (61.51%) Developer
2 393 (26.08%) Java Developer
3 302 (20.04%) Analyst
4 189 (12.54%) Business Analyst
5 179 (11.88%) C++ Developer
6 156 (10.35%) C# Developer
7 130 (8.63%) Electronic Trading Developer
8 122 (8.10%) Front Office Developer
9 121 (8.03%) Senior Developer
10 97 (6.44%) Electronic Trading Java Developer
11 78 (5.18%) Project Manager
11 78 (5.18%) Senior Java Developer
12 68 (4.51%) Low Latency Java Developer
13 66 (4.38%) FX Business Analyst
14 62 (4.11%) JavaScript Developer
15 56 (3.72%) .NET Developer
16 55 (3.65%) Java Swing Developer
17 52 (3.45%) Angular Developer
18 49 (3.25%) Support Analyst
19 48 (3.19%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 172 (11.41%) HTML
2 151 (10.02%) HTML5
3 148 (9.82%) .NET
4 134 (8.89%) AngularJS
5 111 (7.37%) Spring
6 108 (7.17%) FIX Protocol
7 100 (6.64%) XML
8 91 (6.04%) WPF
9 79 (5.24%) React
10 67 (4.45%) Middleware
11 64 (4.25%) Swing
12 62 (4.11%) STL
13 61 (4.05%) CSS
14 57 (3.78%) Node.js
15 55 (3.65%) Boost C++ Libraries
16 52 (3.45%) RESTful
17 45 (2.99%) Spring Boot
18 40 (2.65%) REST
19 37 (2.46%) JNI
20 35 (2.32%) Rendezvous
Miscellaneous
1 306 (20.31%) Fixed Income
2 302 (20.04%) Derivative
3 253 (16.79%) Equities
4 135 (8.96%) Analytical Skills
5 133 (8.83%) Greenfield Project
6 57 (3.78%) Market Risk
7 56 (3.72%) Fintech
8 48 (3.19%) Computer Science
9 45 (2.99%) User Experience
10 41 (2.72%) Interest Rate Derivative
11 40 (2.65%) Algorithms
12 36 (2.39%) Data Structures
12 36 (2.39%) OTC Derivatives
13 28 (1.86%) Equity Derivative
14 26 (1.73%) Swaptions
15 25 (1.66%) Credit Derivative
16 24 (1.59%) Virtual Team
17 22 (1.46%) Hedge funds
18 20 (1.33%) PMI
19 19 (1.26%) Management Information System
Operating Systems
1 214 (14.20%) Linux
2 197 (13.07%) Unix
3 93 (6.17%) Windows
4 23 (1.53%) Solaris
5 15 (1.00%) Windows 7
6 10 (0.66%) Windows Server
7 3 (0.20%) Apple iOS
7 3 (0.20%) Windows Server 2008
8 2 (0.13%) Android
9 1 (0.066%) AIX
9 1 (0.066%) MVS
9 1 (0.066%) Windows Server 2012
Processes & Methodologies
1 412 (27.34%) Agile Software Development
2 378 (25.08%) Electronic Trading
3 369 (24.49%) Multithreading
4 345 (22.89%) Low Latency
5 137 (9.09%) Algorithmic Trading
6 131 (8.69%) TDD
7 127 (8.43%) Multithreaded Programming
8 124 (8.23%) Test Automation
9 113 (7.50%) Analytics
9 113 (7.50%) SDLC
10 106 (7.03%) Risk Management
11 100 (6.64%) Scrum
12 97 (6.44%) User Acceptance Testing
13 95 (6.30%) Continuous Integration
13 95 (6.30%) OO
14 91 (6.04%) Project Management
15 90 (5.97%) Business Analysis
16 86 (5.71%) Software Engineering
17 85 (5.64%) E-Commerce
18 82 (5.44%) Unit Testing
Programming Languages
1 626 (41.54%) Java
2 331 (21.96%) SQL
3 324 (21.50%) C++
4 291 (19.31%) C#
5 180 (11.94%) Python
6 179 (11.88%) JavaScript
7 60 (3.98%) VBA
8 45 (2.99%) C
9 44 (2.92%) Scala
10 41 (2.72%) Perl
11 29 (1.92%) Shell Script
12 24 (1.59%) TypeScript
13 23 (1.53%) ES6
14 22 (1.46%) Bash Shell
15 21 (1.39%) T-SQL
16 16 (1.06%) Korn
17 13 (0.86%) R
18 12 (0.80%) XAML
19 10 (0.66%) PowerShell
20 9 (0.60%) PL/SQL
Qualifications
1 92 (6.10%) Degree
2 32 (2.12%) PhD
2 32 (2.12%) PMP
3 31 (2.06%) PMI Certification
4 21 (1.39%) Computer Science Degree
5 7 (0.46%) ISEB
6 6 (0.40%) Numerate Degree
6 6 (0.40%) PRINCE2 Certification
7 4 (0.27%) ISTQB
8 2 (0.13%) CFA
8 2 (0.13%) ISEB Practitioner
8 2 (0.13%) Master's Degree
8 2 (0.13%) PRINCE2 Practitioner
9 1 (0.066%) A+ Certification
9 1 (0.066%) CISA
9 1 (0.066%) CISM
9 1 (0.066%) CISSP
9 1 (0.066%) ISTQB Foundation Certification
9 1 (0.066%) SC Cleared
9 1 (0.066%) Security Cleared
Quality Assurance & Compliance
1 116 (7.70%) MiFID
2 49 (3.25%) QA
3 23 (1.53%) EMIR
4 9 (0.60%) Dodd-Frank
4 9 (0.60%) PMO
5 5 (0.33%) Sarbanes-Oxley
6 4 (0.27%) Data Quality
7 3 (0.20%) PCI DSS
8 2 (0.13%) COREP
8 2 (0.13%) FINREP
8 2 (0.13%) GDPR
8 2 (0.13%) IFRS
8 2 (0.13%) SEPA
8 2 (0.13%) SLA
9 1 (0.066%) Basel III
9 1 (0.066%) CRD IV
9 1 (0.066%) GAAP
9 1 (0.066%) IAS 39
9 1 (0.066%) IFRS 9
9 1 (0.066%) ISO 20022
System Software
1 18 (1.19%) Docker
2 6 (0.40%) VMware Infrastructure
3 4 (0.27%) HDFS
4 2 (0.13%) Apache Flume
4 2 (0.13%) Oracle RAC
4 2 (0.13%) Virtual Machines
5 1 (0.066%) Active Directory
5 1 (0.066%) Platform Symphony
Systems Management
1 19 (1.26%) HP Quality Center
2 17 (1.13%) Ansible
3 14 (0.93%) Opscode Chef
4 8 (0.53%) Kubernetes
5 6 (0.40%) ITRS Geneos
6 4 (0.27%) Puppet
6 4 (0.27%) Thomson Reuters DACS
7 2 (0.13%) Ganglia
7 2 (0.13%) Kibana
7 2 (0.13%) logstash
7 2 (0.13%) Oozie
7 2 (0.13%) yum
8 1 (0.066%) CA Service Virtualization
8 1 (0.066%) Control-M
8 1 (0.066%) SCCM
8 1 (0.066%) SCOM
8 1 (0.066%) SCOrch
8 1 (0.066%) SCSM
8 1 (0.066%) vMotion
Vendors
1 149 (9.89%) Oracle
2 96 (6.37%) Microsoft
3 86 (5.71%) Murex
4 81 (5.37%) TIBCO
5 61 (4.05%) ION Trading
6 54 (3.58%) Reuters
7 53 (3.52%) Sybase
8 41 (2.72%) Bloomberg
9 36 (2.39%) Solace
10 34 (2.26%) FXall
11 27 (1.79%) Currenex
12 21 (1.39%) IBM
13 19 (1.26%) Talarian
14 18 (1.19%) Calypso
15 16 (1.06%) Charles River
16 9 (0.60%) Informatica
17 7 (0.46%) SAP
17 7 (0.46%) VMware
18 6 (0.40%) Citrix
18 6 (0.40%) HP