Period
to 24 January 2020

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 24 January 2020 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
24 Jan 2020
Same period 2019 Same period 2018
Rank 324 289 186
Rank change year-on-year -35 -103 +72
Contract jobs citing Foreign Exchange (FX) 531 900 1,456
As % of all contract IT jobs advertised in the UK 0.74% 0.90% 1.45%
As % of the Miscellaneous category 2.36% 2.81% 4.39%
Number of daily rates quoted 364 713 1,175
UK median daily rate £625 £600 £647
Median daily rate % change year-on-year +4.17% -7.26% +7.83%
10th Percentile £414 £413 £463
90th Percentile £784 £775 £800
UK excluding London median daily rate £500 £340 £325
% change year-on-year +47.06% +4.62% -13.33%
Number of hourly rates quoted 3 0 1
UK median hourly rate £35.00 - £45.00
UK excluding London median hourly rate £35.00 - £45.00

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 22,542 32,021 33,136
As % of all contract IT jobs advertised in the UK 31.21% 32.15% 32.95%
Number of daily rates quoted 14,190 20,874 22,001
UK median daily rate £450 £475 £450
Median daily rate % change year-on-year -5.26% +5.56% +5.88%
10th Percentile £250 £275 £258
90th Percentile £675 £650 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% +2.56%
Number of hourly rates quoted 1,007 1,005 989
UK median hourly rate £24.37 £20.50 £21.00
Median hourly rate % change year-on-year +18.88% -2.38% +5.00%
10th Percentile £12.44 £12.00 £11.35
90th Percentile £53.75 £48.75 £48.19
UK excluding London median hourly rate £23.50 £20.00 £20.00
% change year-on-year +17.50% - +1.99%

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 24 January 2020.

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 24 January 2020.

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

Foreign Exchange (FX)
Top 13 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 24 January 2020. 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 -38 521 £625 +4.17% 124
London -8 497 £650 +8.33% 113
UK excluding London +71 33 £500 +47.06% 11
South West +22 11 £450 +59.29% 1
Midlands +62 8 £525 +26.89% 5
West Midlands +43 5 £525 +26.89% 2
Northern Ireland 0 5 £413 +28.71%
South East +57 3 £600 +14.29% 1
East Midlands +23 3 £525 - 3
Scotland +11 3 £700 +115.22%
Channel Islands -6 2 - -
North of England +47 1 - - 1
North East - 1 - -

For the 6 months to 24 January 2020, 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 with a requirement for Foreign Exchange (FX).

1 337 (63.47%) Finance
2 291 (54.80%) Front Office
3 280 (52.73%) Java
4 226 (42.56%) Agile Software Development
5 202 (38.04%) Banking
6 196 (36.91%) Equities
7 195 (36.72%) JavaScript
8 187 (35.22%) Fixed Income
9 168 (31.64%) Derivative
10 157 (29.57%) Python
11 153 (28.81%) React
12 144 (27.12%) C#
13 137 (25.80%) Web Services
14 136 (25.61%) Asset Management
15 132 (24.86%) AWS
16 124 (23.35%) Software Engineering
17 122 (22.98%) AngularJS
18 116 (21.85%) SQL
19 107 (20.15%) Microservices
20 105 (19.77%) Analytics
21 98 (18.46%) Hedge funds
21 98 (18.46%) HTML
22 96 (18.08%) Azure
23 86 (16.20%) GCP
24 84 (15.82%) Portfolio Management
25 81 (15.25%) CSS
25 81 (15.25%) Investment Banking
26 80 (15.07%) Electronic Trading
26 80 (15.07%) Vue.js
27 79 (14.88%) TDD

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 13 (2.45%) Apache Spark
2 9 (1.69%) Elasticsearch
3 7 (1.32%) Confluence
4 4 (0.75%) Oracle Coherence
5 3 (0.56%) Apache
6 2 (0.38%) Anypoint
6 2 (0.38%) IBM HTTP Server
6 2 (0.38%) IIS
6 2 (0.38%) MQSeries
7 1 (0.19%) Cloud Foundry
7 1 (0.19%) DataSynapse
Applications
1 14 (2.64%) Microsoft Excel
2 7 (1.32%) MS Visio
3 4 (0.75%) Microsoft Office
4 3 (0.56%) Microsoft PowerPoint
5 1 (0.19%) Adobe Illustrator
5 1 (0.19%) Adobe Premiere
5 1 (0.19%) Microsoft Project
5 1 (0.19%) Photoshop
Business Applications
1 35 (6.59%) FINCAD Analytics
2 8 (1.51%) thinkFolio
3 6 (1.13%) PolarLake
4 5 (0.94%) Markit EDM
5 4 (0.75%) ION MarketView
6 3 (0.56%) BusinessWorks
7 2 (0.38%) Actimize
7 2 (0.38%) RMDS
7 2 (0.38%) SAP ERP
8 1 (0.19%) Distributed Ledger
8 1 (0.19%) Oracle Assets
8 1 (0.19%) Oracle Cash Management
8 1 (0.19%) Oracle EBS
8 1 (0.19%) Oracle FAH
8 1 (0.19%) Oracle General Ledger
8 1 (0.19%) Oracle Payables
8 1 (0.19%) Oracle Receivables
8 1 (0.19%) SAP Oil and Gas
8 1 (0.19%) SAP S/4HANA
Cloud Services
1 132 (24.86%) AWS
2 96 (18.08%) Azure
3 86 (16.20%) GCP
4 35 (6.59%) AWS Step Functions
5 17 (3.20%) Amazon ECS
6 15 (2.82%) Amazon SQS
7 9 (1.69%) AWS Lambda
7 9 (1.69%) Cloud Computing
7 9 (1.69%) GitHub
7 9 (1.69%) PaaS
7 9 (1.69%) Serverless
8 6 (1.13%) Amazon S3
9 2 (0.38%) Amazon EMR
9 2 (0.38%) Amazon GuardDuty
9 2 (0.38%) AWS CloudFormation
9 2 (0.38%) Route 53
9 2 (0.38%) Virtual Private Cloud
10 1 (0.19%) Amazon Cognito
10 1 (0.19%) Amazon SageMaker
10 1 (0.19%) AWS Fargate
Communications & Networking
1 6 (1.13%) Firewall
1 6 (1.13%) HTTP
1 6 (1.13%) TCP/IP
2 5 (0.94%) RTMP
3 3 (0.56%) Multicast
4 2 (0.38%) SSL
4 2 (0.38%) VPN
5 1 (0.19%) VoIP
Database & Business Intelligence
1 57 (10.73%) SQL Server
2 53 (9.98%) NoSQL
3 52 (9.79%) Amazon Athena
4 40 (7.53%) Amazon DynamoDB
5 37 (6.97%) Amazon Aurora
6 36 (6.78%) PostgreSQL
7 32 (6.03%) KDB
8 29 (5.46%) Flink
9 28 (5.27%) Relational Database
10 24 (4.52%) MongoDB
11 22 (4.14%) Couchbase
11 22 (4.14%) Redis
12 21 (3.95%) Amazon Redshift
12 21 (3.95%) RDBMS
13 20 (3.77%) Apache Cassandra
13 20 (3.77%) DB2
13 20 (3.77%) HBase
13 20 (3.77%) MariaDB
13 20 (3.77%) Neo4j
14 16 (3.01%) Kdb+
Development Applications
1 33 (6.21%) Git (software)
1 33 (6.21%) RStudio
2 31 (5.84%) JIRA
3 30 (5.65%) TeamCity
4 23 (4.33%) Maven
5 22 (4.14%) Jenkins
6 17 (3.20%) Subversion
7 8 (1.51%) Octopus Deploy
8 7 (1.32%) JUnit
9 5 (0.94%) Sonatype Nexus
9 5 (0.94%) YourKit
10 4 (0.75%) NUnit
10 4 (0.75%) SonarQube
11 3 (0.56%) Moq
11 3 (0.56%) Selenium
11 3 (0.56%) SpecFlow
12 2 (0.38%) Atlassian Bamboo
12 2 (0.38%) Cucumber
12 2 (0.38%) Mockito
12 2 (0.38%) WebDriver
General
1 337 (63.47%) Finance
2 291 (54.80%) Front Office
3 202 (38.04%) Banking
4 81 (15.25%) Investment Banking
5 18 (3.39%) Financial Institution
6 13 (2.45%) Back Office
7 7 (1.32%) Manufacturing
8 5 (0.94%) Retail
9 3 (0.56%) Legal
10 2 (0.38%) Prime Brokerage
10 2 (0.38%) Telecoms
11 1 (0.19%) General Ledger
11 1 (0.19%) German Language
11 1 (0.19%) International Banking
11 1 (0.19%) Retail Banking
Job Titles
1 350 (65.91%) Developer
2 151 (28.44%) Java Developer
3 93 (17.51%) Senior Developer
4 78 (14.69%) Analyst
5 66 (12.43%) Front Office Developer
6 53 (9.98%) AWS Developer
7 52 (9.79%) Senior Java Developer
8 49 (9.23%) Full Stack Developer
9 47 (8.85%) C# Developer
10 40 (7.53%) Business Analyst
10 40 (7.53%) JavaScript Developer
10 40 (7.53%) Python Developer
11 39 (7.34%) Quantitative Developer
12 38 (7.16%) Electronic Trading Developer
13 30 (5.65%) React Developer
14 29 (5.46%) Electronic Trading Java Developer
15 25 (4.71%) UI Developer
16 23 (4.33%) AWS Engineer
17 21 (3.95%) Lead Developer
18 20 (3.77%) Front End Developer (Client-Side Developer)
Libraries, Frameworks & Software Standards
1 153 (28.81%) React
2 137 (25.80%) Web Services
3 122 (22.98%) AngularJS
4 98 (18.46%) HTML
5 81 (15.25%) CSS
6 80 (15.07%) Vue.js
7 76 (14.31%) .NET
8 72 (13.56%) J2EE
9 57 (10.73%) Node.js
10 52 (9.79%) Kafka
11 45 (8.47%) HTML5
12 31 (5.84%) FIX Protocol
12 31 (5.84%) Spring
13 29 (5.46%) Redux
14 24 (4.52%) Spring Boot
15 23 (4.33%) REST
16 18 (3.39%) WPF
17 17 (3.20%) Pandas
18 16 (3.01%) NumPy
19 14 (2.64%) XML
Miscellaneous
1 196 (36.91%) Equities
2 187 (35.22%) Fixed Income
3 168 (31.64%) Derivative
4 98 (18.46%) Hedge funds
5 77 (14.50%) Analytical Skills
6 48 (9.04%) Blog
7 44 (8.29%) Greenfield Project
8 39 (7.34%) Equity Derivative
9 23 (4.33%) Data Structures
9 23 (4.33%) Market Risk
10 15 (2.82%) Public Cloud
10 15 (2.82%) User Experience
11 9 (1.69%) Credit Risk
11 9 (1.69%) Grid Computing
11 9 (1.69%) Reference Data
12 7 (1.32%) iPad
12 7 (1.32%) Self-Motivation
13 6 (1.13%) Virtual Team
14 5 (0.94%) Algorithms
15 3 (0.56%) OTC Derivatives
Operating Systems
1 22 (4.14%) Linux
2 16 (3.01%) Unix
3 11 (2.07%) Windows
4 4 (0.75%) Red Hat Enterprise Linux
5 2 (0.38%) Windows Server
6 1 (0.19%) Solaris
6 1 (0.19%) Windows NT
6 1 (0.19%) Windows Server 2012
Processes & Methodologies
1 226 (42.56%) Agile Software Development
2 136 (25.61%) Asset Management
3 124 (23.35%) Software Engineering
4 107 (20.15%) Microservices
5 105 (19.77%) Analytics
6 84 (15.82%) Portfolio Management
7 80 (15.07%) Electronic Trading
8 79 (14.88%) TDD
9 76 (14.31%) Investment Management
10 69 (12.99%) Multithreading
11 63 (11.86%) Continuous Integration
12 58 (10.92%) OO
13 55 (10.36%) Low Latency
14 54 (10.17%) OOP
15 47 (8.85%) Scrum
16 44 (8.29%) Computer Science
17 42 (7.91%) DevOps
18 41 (7.72%) Fund Accounting
18 41 (7.72%) Fund Management
18 41 (7.72%) Open Source
Programming Languages
1 280 (52.73%) Java
2 195 (36.72%) JavaScript
3 157 (29.57%) Python
4 144 (27.12%) C#
5 116 (21.85%) SQL
6 58 (10.92%) C++
7 47 (8.85%) R
8 41 (7.72%) Kotlin
9 23 (4.33%) TypeScript
10 16 (3.01%) Scala
11 12 (2.26%) Java 8
12 10 (1.88%) PHP
13 8 (1.51%) Perl
13 8 (1.51%) VBA
14 6 (1.13%) Haskell
15 4 (0.75%) Groovy
16 3 (0.56%) PowerShell
16 3 (0.56%) Shell Script
16 3 (0.56%) XAML
17 2 (0.38%) C
Qualifications
1 44 (8.29%) Degree
2 15 (2.82%) Computer Science Degree
3 7 (1.32%) Security Cleared
4 6 (1.13%) SC Cleared
5 5 (0.94%) ITIL Certification
6 4 (0.75%) ISEB
6 4 (0.75%) PMI Certification
7 3 (0.56%) CISSP
7 3 (0.56%) ISTQB
7 3 (0.56%) PhD
8 1 (0.19%) (ISC)2 CCSP
8 1 (0.19%) BPSS Clearance
8 1 (0.19%) CCSP
8 1 (0.19%) CEH
8 1 (0.19%) Cisco Certification
8 1 (0.19%) CompTIA Security+
8 1 (0.19%) Master's Degree
8 1 (0.19%) Microsoft Certification
8 1 (0.19%) PMP
8 1 (0.19%) SSCP
Quality Assurance & Compliance
1 26 (4.90%) QA
2 6 (1.13%) MiFID
3 5 (0.94%) NIST
4 4 (0.75%) EMIR
5 3 (0.56%) PSD2
6 2 (0.38%) Data Quality
6 2 (0.38%) Dodd-Frank
6 2 (0.38%) NIST 800
7 1 (0.19%) AIFMD
7 1 (0.19%) IFRS
7 1 (0.19%) PMO
7 1 (0.19%) SLA
7 1 (0.19%) Solvency II
7 1 (0.19%) UCITS
System Software
1 24 (4.52%) Docker
2 1 (0.19%) Active Directory
Systems Management
1 18 (3.39%) Terraform
2 6 (1.13%) Kubernetes
3 3 (0.56%) Ansible
3 3 (0.56%) BladeLogic
3 3 (0.56%) HP Quality Center
4 2 (0.38%) Docker Swarm
4 2 (0.38%) ITRS Geneos
Vendors
1 50 (9.42%) Microsoft
2 43 (8.10%) Oracle
3 31 (5.84%) Remedy
4 28 (5.27%) Sybase
5 26 (4.90%) Google
6 15 (2.82%) Charles River
7 13 (2.45%) Bloomberg
8 11 (2.07%) Splunk
9 10 (1.88%) TIBCO
10 8 (1.51%) Murex
11 7 (1.32%) IBM
11 7 (1.32%) SAP
12 6 (1.13%) Reuters
12 6 (1.13%) Siemens
13 5 (0.94%) ION Trading
13 5 (0.94%) Wallstreet Suite
14 4 (0.75%) ServiceNow
15 3 (0.56%) DevExpress
15 3 (0.56%) Red Hat
16 2 (0.38%) Radianz