Period
to 16 October 2019

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 16 October 2019 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
16 Oct 2019
Same period 2018 Same period 2017
Rank 344 254 169
Rank change year-on-year -90 -85 +132
Contract jobs citing Foreign Exchange (FX) 599 1,117 1,562
As % of all contract IT jobs advertised in the UK 0.70% 1.08% 1.57%
As % of the Miscellaneous category 2.25% 3.33% 4.76%
Number of daily rates quoted 421 863 1,213
UK median daily rate £600 £625 £600
Median daily rate % change year-on-year -4.00% +4.17% +2.13%
10th Percentile £406 £450 £463
90th Percentile £794 £788 £750
UK excluding London median daily rate £450 £393 £475
% change year-on-year +14.65% -17.37% +26.67%
Number of hourly rates quoted 6 2 4
UK median hourly rate £35.00 £55.00 £46.25
Median hourly rate % change year-on-year -36.36% +18.92% -28.85%
10th Percentile £16.25 £44.00 £42.38
90th Percentile £43.13 £70.00 £151.13
UK excluding London median hourly rate £37.50 £45.00 £45.00
% change year-on-year -16.67% - -

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 26,612 33,534 32,846
As % of all contract IT jobs advertised in the UK 31.25% 32.51% 33.10%
Number of daily rates quoted 16,877 21,735 21,471
UK median daily rate £475 £475 £450
Median daily rate % change year-on-year - +5.56% +5.88%
10th Percentile £263 £274 £263
90th Percentile £670 £656 £650
UK excluding London median daily rate £425 £420 £400
% change year-on-year +1.19% +5.00% +3.23%
Number of hourly rates quoted 1,041 1,051 1,015
UK median hourly rate £21.50 £20.00 £20.00
Median hourly rate % change year-on-year +7.50% - -
10th Percentile £11.61 £12.23 £11.25
90th Percentile £53.75 £50.00 £48.75
UK excluding London median hourly rate £20.50 £19.00 £20.00
% change year-on-year +7.89% -5.00% -4.37%

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 16 October 2019.

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 16 October 2019.

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

Foreign Exchange (FX)
Top 15 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 16 October 2019. 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 -92 586 £600 -4.00% 98
London -42 553 £600 -4.00% 93
UK excluding London +65 40 £450 +14.65% 5
South West +3 12 £450 +20.00% 1
South East +31 7 £475 +11.76% 3
Midlands +49 6 £488 - 1
Northern Ireland +12 6 £413 +9.71%
East Midlands +38 4 £494 -
North of England +32 4 £850 +88.89%
Yorkshire +37 3 £1,000 +122.22%
Channel Islands -5 3 - -
West Midlands - 2 £275 - 1
East of England +31 1 £300 -
Scotland +17 1 £650 +92.59%
North West +9 1 £550 +46.67%

For the 6 months to 16 October 2019, 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).

1 367 (61.27%) Finance
2 284 (47.41%) Front Office
3 272 (45.41%) Java
4 218 (36.39%) Equities
5 211 (35.23%) Banking
6 210 (35.06%) Agile Software Development
7 173 (28.88%) Fixed Income
8 170 (28.38%) Derivative
9 138 (23.04%) Python
10 136 (22.70%) C#
11 135 (22.54%) JavaScript
12 113 (18.86%) Analytics
13 91 (15.19%) Investment Banking
14 89 (14.86%) SQL
15 86 (14.36%) AngularJS
15 86 (14.36%) React
16 85 (14.19%) Microservices
17 82 (13.69%) Software Engineering
18 78 (13.02%) .NET
18 78 (13.02%) TDD
18 78 (13.02%) Multithreading
19 74 (12.35%) Analytical Skills
20 72 (12.02%) AWS
20 72 (12.02%) HTML
21 71 (11.85%) Electronic Trading
22 70 (11.69%) C++
23 69 (11.52%) Web Services
23 69 (11.52%) Low Latency
24 68 (11.35%) Asset Management
25 63 (10.52%) Greenfield Project

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 17 (2.84%) Confluence
2 16 (2.67%) Apache Spark
3 3 (0.50%) Elasticsearch
4 2 (0.33%) Anypoint
4 2 (0.33%) Exchange Server 2003
4 2 (0.33%) IBM HTTP Server
4 2 (0.33%) MS Exchange
4 2 (0.33%) SharePoint
5 1 (0.17%) Cloud Foundry
5 1 (0.17%) GemFire
5 1 (0.17%) Oracle Coherence
Applications
1 18 (3.01%) Microsoft Excel
2 10 (1.67%) Microsoft Office
3 8 (1.34%) MS Visio
4 5 (0.83%) Microsoft PowerPoint
5 1 (0.17%) Adobe Illustrator
5 1 (0.17%) Microsoft Project
5 1 (0.17%) Photoshop
Business Applications
1 20 (3.34%) Endur
2 12 (2.00%) FINCAD Analytics
3 7 (1.17%) ION MarketView
4 5 (0.83%) PolarLake
4 5 (0.83%) SAP FI
5 4 (0.67%) Markit EDM
5 4 (0.67%) SAP CO
5 4 (0.67%) SAP FI/CO
5 4 (0.67%) thinkFolio
6 2 (0.33%) Actimize
6 2 (0.33%) RMDS
6 2 (0.33%) SAP S/4HANA
7 1 (0.17%) Distributed Ledger
7 1 (0.17%) SAP BPC
Cloud Services
1 72 (12.02%) AWS
2 35 (5.84%) Azure
3 27 (4.51%) GCP
4 10 (1.67%) Cloud Computing
5 9 (1.50%) GitHub
5 9 (1.50%) Power Platform
6 8 (1.34%) AWS Lambda
6 8 (1.34%) Serverless
7 5 (0.83%) Amazon S3
8 4 (0.67%) PaaS
9 3 (0.50%) Office 365
10 2 (0.33%) Amazon ECS
10 2 (0.33%) Apigee
10 2 (0.33%) AWS CloudFormation
10 2 (0.33%) IaaS
10 2 (0.33%) npm
10 2 (0.33%) OpenShift
10 2 (0.33%) Route 53
10 2 (0.33%) Smartsheet
10 2 (0.33%) Virtual Private Cloud
Communications & Networking
1 6 (1.00%) HTTP
2 4 (0.67%) FIX Connectivity
3 3 (0.50%) RTMP
3 3 (0.50%) SSL
4 2 (0.33%) Firewall
4 2 (0.33%) TCP/IP
4 2 (0.33%) VPN
4 2 (0.33%) VSAN
5 1 (0.17%) Internet
Database & Business Intelligence
1 62 (10.35%) SQL Server
2 30 (5.01%) KDB
3 24 (4.01%) NoSQL
4 23 (3.84%) Amazon Athena
5 21 (3.51%) Flink
5 21 (3.51%) Kdb+
6 18 (3.01%) PostgreSQL
7 17 (2.84%) Amazon Aurora
7 17 (2.84%) Relational Database
8 16 (2.67%) Amazon DynamoDB
8 16 (2.67%) Big Data
9 11 (1.84%) SQL Server Integration Services
10 10 (1.67%) SQL Server Reporting Services
11 9 (1.50%) Hadoop
11 9 (1.50%) Power BI
11 9 (1.50%) RDBMS
12 5 (0.83%) Amazon Redshift
12 5 (0.83%) Apache Cassandra
12 5 (0.83%) MongoDB
13 4 (0.67%) Couchbase
Development Applications
1 44 (7.35%) JIRA
2 31 (5.18%) RStudio
3 25 (4.17%) TeamCity
4 21 (3.51%) Git (software)
4 21 (3.51%) Maven
5 12 (2.00%) Subversion
6 11 (1.84%) Jenkins
7 7 (1.17%) Selenium
8 6 (1.00%) Sonatype Nexus
8 6 (1.00%) YourKit
9 5 (0.83%) Cucumber
9 5 (0.83%) JUnit
10 4 (0.67%) Eclipse
10 4 (0.67%) Hudson
10 4 (0.67%) NetBeans
10 4 (0.67%) WebDriver
11 3 (0.50%) SpecFlow
11 3 (0.50%) Visual Studio
12 2 (0.33%) Moq
12 2 (0.33%) NUnit
General
1 367 (61.27%) Finance
2 284 (47.41%) Front Office
3 211 (35.23%) Banking
4 91 (15.19%) Investment Banking
5 24 (4.01%) Financial Institution
6 15 (2.50%) Back Office
7 12 (2.00%) Legal
8 8 (1.34%) Manufacturing
9 5 (0.83%) Prime Brokerage
10 4 (0.67%) Retail
10 4 (0.67%) Retail Banking
11 3 (0.50%) General Ledger
12 2 (0.33%) Telecoms
13 1 (0.17%) Advertising
13 1 (0.17%) Corporate Banking
13 1 (0.17%) German Language
13 1 (0.17%) International Banking
13 1 (0.17%) Marketing
13 1 (0.17%) Military
Job Titles
1 356 (59.43%) Developer
2 166 (27.71%) Java Developer
3 113 (18.86%) Analyst
4 79 (13.19%) Senior Developer
5 66 (11.02%) C# Developer
6 62 (10.35%) Business Analyst
7 52 (8.68%) Senior Java Developer
8 38 (6.34%) Front Office Developer
9 35 (5.84%) Quantitative Developer
10 33 (5.51%) Python Developer
11 31 (5.18%) Full Stack Developer
12 28 (4.67%) Lead Developer
13 23 (3.84%) FX Business Analyst
14 21 (3.51%) AWS Developer
14 21 (3.51%) Electronic Trading Developer
15 20 (3.34%) Endur Developer
15 20 (3.34%) OpenLink Developer
16 18 (3.01%) Front End Developer (Client-Side Developer)
16 18 (3.01%) Software Engineer
16 18 (3.01%) Test Analyst
Libraries, Frameworks & Software Standards
1 86 (14.36%) AngularJS
1 86 (14.36%) React
2 78 (13.02%) .NET
3 72 (12.02%) HTML
4 69 (11.52%) Web Services
5 57 (9.52%) CSS
6 54 (9.02%) Kafka
7 51 (8.51%) FIX Protocol
7 51 (8.51%) Vue.js
8 49 (8.18%) J2EE
9 33 (5.51%) HTML5
10 24 (4.01%) Spring
11 18 (3.01%) REST
11 18 (3.01%) XML
12 16 (2.67%) J2SE
12 16 (2.67%) Node.js
13 15 (2.50%) Swing
14 12 (2.00%) SOAP
14 12 (2.00%) Spring Boot
15 11 (1.84%) Pandas
Miscellaneous
1 218 (36.39%) Equities
2 173 (28.88%) Fixed Income
3 170 (28.38%) Derivative
4 74 (12.35%) Analytical Skills
5 63 (10.52%) Greenfield Project
6 53 (8.85%) Hedge funds
7 29 (4.84%) Equity Derivative
8 27 (4.51%) Credit Risk
9 20 (3.34%) Market Risk
10 19 (3.17%) Data Structures
11 14 (2.34%) Reference Data
12 13 (2.17%) Blog
13 12 (2.00%) Public Cloud
14 10 (1.67%) Algorithms
15 8 (1.34%) Grid Computing
15 8 (1.34%) Self-Motivation
15 8 (1.34%) User Experience
16 7 (1.17%) iPad
17 6 (1.00%) Enterprise Software
17 6 (1.00%) OTC Derivatives
Operating Systems
1 37 (6.18%) Unix
2 34 (5.68%) Linux
3 24 (4.01%) Windows
4 8 (1.34%) Windows Server
5 5 (0.83%) Red Hat Enterprise Linux
6 4 (0.67%) Solaris
6 4 (0.67%) Windows NT
7 2 (0.33%) Windows Server 2003
8 1 (0.17%) Windows Server 2012
Processes & Methodologies
1 210 (35.06%) Agile Software Development
2 113 (18.86%) Analytics
3 85 (14.19%) Microservices
4 82 (13.69%) Software Engineering
5 78 (13.02%) Multithreading
5 78 (13.02%) TDD
6 71 (11.85%) Electronic Trading
7 69 (11.52%) Low Latency
8 68 (11.35%) Asset Management
9 61 (10.18%) OO
10 57 (9.52%) SDLC
11 56 (9.35%) Continuous Integration
11 56 (9.35%) Unit Testing
12 55 (9.18%) Problem-Solving
13 53 (8.85%) Computer Science
14 47 (7.85%) OOP
14 47 (7.85%) Scrum
15 41 (6.84%) Mathematics
16 39 (6.51%) Investment Management
17 38 (6.34%) Test Automation
Programming Languages
1 272 (45.41%) Java
2 138 (23.04%) Python
3 136 (22.70%) C#
4 135 (22.54%) JavaScript
5 89 (14.86%) SQL
6 70 (11.69%) C++
7 43 (7.18%) R
8 20 (3.34%) VB.NET
9 16 (2.67%) Scala
10 15 (2.50%) TypeScript
11 13 (2.17%) Perl
12 9 (1.50%) Java 8
13 8 (1.34%) VBA
14 6 (1.00%) Groovy
14 6 (1.00%) PowerShell
15 5 (0.83%) C
16 4 (0.67%) Bash Shell
16 4 (0.67%) Shell Script
16 4 (0.67%) XAML
17 3 (0.50%) AWK
Qualifications
1 39 (6.51%) Degree
2 16 (2.67%) Computer Science Degree
3 10 (1.67%) Security Cleared
4 9 (1.50%) PhD
4 9 (1.50%) SC Cleared
5 5 (0.83%) ITIL Certification
5 5 (0.83%) PMI Certification
6 4 (0.67%) ISEB
7 3 (0.50%) HNC
7 3 (0.50%) HND
7 3 (0.50%) ISTQB
8 2 (0.33%) CISSP
8 2 (0.33%) PMP
Quality Assurance & Compliance
1 31 (5.18%) QA
2 13 (2.17%) MiFID
3 5 (0.83%) NIST
4 4 (0.67%) EMIR
5 2 (0.33%) Data Quality
5 2 (0.33%) NIST 800
5 2 (0.33%) PSD2
6 1 (0.17%) Dodd-Frank
6 1 (0.17%) IFRS
6 1 (0.17%) PMO
6 1 (0.17%) SLA
System Software
1 24 (4.01%) Docker
2 3 (0.50%) Apache ZooKeeper
2 3 (0.50%) VMware Infrastructure
3 2 (0.33%) Active Directory
Systems Management
1 24 (4.01%) Kubernetes
2 8 (1.34%) Ansible
3 4 (0.67%) HP Quality Center
4 3 (0.50%) SCCM
5 2 (0.33%) BladeLogic
5 2 (0.33%) HP SIM
5 2 (0.33%) ITRS Geneos
5 2 (0.33%) Puppet
5 2 (0.33%) Terraform
6 1 (0.17%) Control-M
6 1 (0.17%) Docker Swarm
6 1 (0.17%) Istio
6 1 (0.17%) Opscode Chef
6 1 (0.17%) Rancher
6 1 (0.17%) WSUS
Vendors
1 51 (8.51%) Microsoft
2 35 (5.84%) Oracle
3 23 (3.84%) OpenLink
4 19 (3.17%) Murex
4 19 (3.17%) Sybase
5 17 (2.84%) Remedy
6 11 (1.84%) SAP
7 9 (1.50%) Bloomberg
8 8 (1.34%) Charles River
9 7 (1.17%) ION Trading
9 7 (1.17%) TIBCO
10 6 (1.00%) Reuters
10 6 (1.00%) Tableau
11 5 (0.83%) HP
11 5 (0.83%) Salesforce.com
11 5 (0.83%) Siemens
11 5 (0.83%) Splunk
11 5 (0.83%) Wallstreet Suite
12 4 (0.67%) ServiceNow
13 3 (0.50%) Solace