Period
to 22 January 2018

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 22 January 2018 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
22 Jan 2018
Same period 2017 Same period 2016
Rank 181 254 248
Rank change year-on-year +73 -6 -36
Contract jobs citing Foreign Exchange (FX) 1,458 961 1,127
As % of all contract IT jobs advertised in the UK 1.46% 1.01% 1.04%
As % of the Miscellaneous category 4.37% 3.08% 3.20%
Number of daily rates quoted 1,179 726 836
UK median daily rate £630 £600 £575
Median daily rate % change year-on-year +5.00% +4.35% -2.13%
10th Percentile £463 £425 £400
90th Percentile £800 £725 £725
UK excluding London median daily rate £325 £375 £600
% change year-on-year -13.33% -37.50% +50.00%
Number of hourly rates quoted 1 0 1
UK median hourly rate £45.00 - £16.50
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 33,386 31,158 35,273
As % of all contract IT jobs advertised in the UK 33.52% 32.69% 32.71%
Number of daily rates quoted 22,373 20,330 22,521
UK median daily rate £450 £425 £425
Median daily rate % change year-on-year +5.88% - +6.25%
10th Percentile £263 £253 £238
90th Percentile £650 £625 £625
UK excluding London median daily rate £400 £395 £378
% change year-on-year +1.27% +4.64% +4.86%
Number of hourly rates quoted 950 1,099 1,425
UK median hourly rate £21.70 £20.50 £20.00
Median hourly rate % change year-on-year +5.85% +2.50% +14.29%
10th Percentile £11.25 £11.33 £11.25
90th Percentile £49.25 £47.50 £47.83
UK excluding London median hourly rate £21.01 £20.00 £20.00
% change year-on-year +5.05% - +14.29%

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 22 January 2018.

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)
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 22 January 2018. 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 +71 1,420 £650 +8.33% 192
London +39 1,401 £650 +8.33% 181
UK excluding London +6 50 £325 -13.33% 14
Northern Ireland -6 23 £315 -12.50% 1
Scotland -16 8 £488 +18.18% 2
South East -28 7 £493 +43.38% 1
North of England +27 6 £500 - 1
North West -5 6 £500 +1.01%
Channel Islands - 3 - -
West Midlands +9 1 £425 -13.27% 2
South West +2 1 £313 -37.50% 2
Midlands 0 1 £425 +4.29% 3
East of England -23 1 £525 - 4

For the 6 months to 22 January 2018, 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).

1 722 (49.52%) Front Office
2 644 (44.17%) Banking
3 639 (43.83%) Finance
4 553 (37.93%) Java
5 441 (30.25%) Electronic Trading
6 384 (26.34%) C#
7 362 (24.83%) Low Latency
8 341 (23.39%) Agile Software Development
9 336 (23.05%) C++
10 333 (22.84%) Multithreading
11 312 (21.40%) Investment Banking
12 302 (20.71%) SQL
13 242 (16.60%) Linux
14 219 (15.02%) Derivative
15 203 (13.92%) .NET
16 196 (13.44%) Fixed Income
17 193 (13.24%) Python
18 192 (13.17%) FIX Protocol
19 190 (13.03%) Algorithmic Trading
20 181 (12.41%) Unix
21 167 (11.45%) Equities
22 164 (11.25%) Risk Management
23 156 (10.70%) WPF
24 145 (9.95%) JavaScript
25 140 (9.60%) TIBCO
26 125 (8.57%) Analytical Skills
26 125 (8.57%) Multithreaded Programming
27 121 (8.30%) Oracle
28 120 (8.23%) Test Automation
29 118 (8.09%) SQL Server

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 19 (1.30%) Apache Spark
2 18 (1.23%) Oracle Coherence
3 9 (0.62%) IIS
3 9 (0.62%) MQSeries
4 8 (0.55%) SharePoint
5 6 (0.41%) Apache
5 6 (0.41%) Confluence
5 6 (0.41%) WebSphere
6 5 (0.34%) Elasticsearch
6 5 (0.34%) JBoss
7 4 (0.27%) CMS
7 4 (0.27%) Tomcat
8 3 (0.21%) SAS
9 2 (0.14%) Apache Pig
10 1 (0.069%) BizTalk Server
10 1 (0.069%) IBM Notes
10 1 (0.069%) PegaRULES
10 1 (0.069%) Sitecore CMS
10 1 (0.069%) WebLogic
Applications
1 62 (4.25%) Microsoft Excel
2 25 (1.71%) Spreadsheet
3 14 (0.96%) Microsoft PowerPoint
4 12 (0.82%) Microsoft Office
4 12 (0.82%) Microsoft Project
5 11 (0.75%) MS Visio
6 1 (0.069%) Adobe After Effects
6 1 (0.069%) Adobe Premiere
Business Applications
1 50 (3.43%) ION MarketView
2 23 (1.58%) RMDS
3 18 (1.23%) Kondor
4 8 (0.55%) Summit
5 7 (0.48%) SunGard GMI
6 5 (0.34%) BusinessWorks
6 5 (0.34%) MetaTrader
7 4 (0.27%) SAP FSCM
8 3 (0.21%) SAP FI
9 2 (0.14%) Actimize
9 2 (0.14%) Dynamics AX
9 2 (0.14%) Murex MxG2000
9 2 (0.14%) Oracle Cash Management
9 2 (0.14%) Oracle Subledger Accounting
9 2 (0.14%) SAP CO
9 2 (0.14%) SAP FI/CO
10 1 (0.069%) Bloomberg TOMS
10 1 (0.069%) Dynamics CRM
10 1 (0.069%) SAP PM
10 1 (0.069%) thinkFolio
Cloud Services
1 7 (0.48%) npm
1 7 (0.48%) Yarn
2 4 (0.27%) Amazon AWS
2 4 (0.27%) PaaS
3 3 (0.21%) Microsoft Azure
4 2 (0.14%) Cloud Computing
5 1 (0.069%) Adobe Creative Cloud
5 1 (0.069%) GitHub
5 1 (0.069%) Office 365
5 1 (0.069%) OpenShift
5 1 (0.069%) SaaS
Communications & Networking
1 29 (1.99%) TCP/IP
2 9 (0.62%) LAN
3 7 (0.48%) FIX Connectivity
4 5 (0.34%) PPP
5 4 (0.27%) Firewall
6 3 (0.21%) DHCP
6 3 (0.21%) DNS
6 3 (0.21%) Internet
7 2 (0.14%) Ethernet
7 2 (0.14%) SSL
7 2 (0.14%) WAN
8 1 (0.069%) HTTP
8 1 (0.069%) IPsec
8 1 (0.069%) MPLS
8 1 (0.069%) Multicast
8 1 (0.069%) NFC
8 1 (0.069%) SMS
8 1 (0.069%) SSH
8 1 (0.069%) VoIP
8 1 (0.069%) VPN
Database & Business Intelligence
1 118 (8.09%) SQL Server
2 49 (3.36%) Relational Database
3 47 (3.22%) KDB
4 42 (2.88%) Blockchain
5 35 (2.40%) Big Data
6 19 (1.30%) Hadoop
7 15 (1.03%) SQL Server 2008
8 12 (0.82%) MongoDB
9 11 (0.75%) SQL Server 2014
10 9 (0.62%) NoSQL
10 9 (0.62%) OLAP
10 9 (0.62%) Oracle Database
10 9 (0.62%) SQL Server Integration Services
10 9 (0.62%) SQL Server Reporting Services
11 8 (0.55%) RDBMS
12 7 (0.48%) DB2
12 7 (0.48%) Kdb+
13 6 (0.41%) Apache Hive
13 6 (0.41%) BusinessObjects
13 6 (0.41%) Data Warehouse
Development Applications
1 85 (5.83%) JIRA
2 59 (4.05%) Git (software)
3 48 (3.29%) Maven
4 47 (3.22%) TeamCity
5 29 (1.99%) Jenkins
6 28 (1.92%) Visual Studio
7 21 (1.44%) Gradle
7 21 (1.44%) Selenium
8 20 (1.37%) JUnit
8 20 (1.37%) NUnit
9 18 (1.23%) Subversion
10 15 (1.03%) Cucumber
11 11 (0.75%) Bitbucket
11 11 (0.75%) Hudson
12 10 (0.69%) Team Foundation Server
13 9 (0.62%) Mockito
13 9 (0.62%) WebDriver
14 8 (0.55%) ReSharper
15 5 (0.34%) SpecFlow
15 5 (0.34%) Zephyr
General
1 722 (49.52%) Front Office
2 644 (44.17%) Banking
3 639 (43.83%) Finance
4 312 (21.40%) Investment Banking
5 61 (4.18%) Back Office
6 54 (3.70%) Financial Institution
7 10 (0.69%) Legal
8 9 (0.62%) Retail
9 6 (0.41%) General Ledger
9 6 (0.41%) Pharmaceutical
10 5 (0.34%) Retail Banking
11 4 (0.27%) International Banking
11 4 (0.27%) Marketing
11 4 (0.27%) Prime Brokerage
11 4 (0.27%) Telecoms
12 3 (0.21%) French Language
12 3 (0.21%) Portuguese Language
12 3 (0.21%) Spanish Language
13 2 (0.14%) Manufacturing
13 2 (0.14%) Private Banking
Job Titles
1 897 (61.52%) Developer
2 330 (22.63%) Java Developer
3 247 (16.94%) Analyst
4 237 (16.26%) C# Developer
5 169 (11.59%) Electronic Trading Developer
6 160 (10.97%) C++ Developer
7 153 (10.49%) Business Analyst
8 150 (10.29%) Senior Developer
9 121 (8.30%) Front Office Developer
10 95 (6.52%) Electronic Trading Java Developer
11 94 (6.45%) Senior Java Developer
12 64 (4.39%) Quantitative Developer
13 62 (4.25%) .NET Developer
14 61 (4.18%) WPF Developer
15 59 (4.05%) C# WPF Developer
15 59 (4.05%) FX Business Analyst
16 56 (3.84%) Project Manager
17 48 (3.29%) JavaScript Developer
18 44 (3.02%) Test Analyst
19 43 (2.95%) C# Developer - Electronic Trading
Libraries, Frameworks & Software Standards
1 203 (13.92%) .NET
2 192 (13.17%) FIX Protocol
3 156 (10.70%) WPF
4 116 (7.96%) HTML
5 86 (5.90%) HTML5
6 72 (4.94%) AngularJS
7 71 (4.87%) XML
8 69 (4.73%) Spring
9 66 (4.53%) Rendezvous
10 65 (4.46%) Middleware
11 51 (3.50%) TIBCO EMS
12 47 (3.22%) Swing
13 46 (3.16%) CSS
13 46 (3.16%) Reactive Extensions
14 43 (2.95%) .NET Framework
15 41 (2.81%) WCF
16 40 (2.74%) JMS
17 38 (2.61%) RESTful
18 35 (2.40%) React
18 35 (2.40%) STL
Miscellaneous
1 219 (15.02%) Derivative
2 196 (13.44%) Fixed Income
3 167 (11.45%) Equities
4 125 (8.57%) Analytical Skills
5 77 (5.28%) Computer Science
6 52 (3.57%) Greenfield Project
7 44 (3.02%) Data Structures
8 42 (2.88%) Algorithms
9 40 (2.74%) Fintech
10 34 (2.33%) Market Risk
11 25 (1.71%) OTC Derivatives
12 23 (1.58%) Credit Derivative
12 23 (1.58%) Credit Risk
12 23 (1.58%) Equity Derivative
13 16 (1.10%) Interest Rate Derivative
14 14 (0.96%) Swaptions
14 14 (0.96%) SWIFT
15 13 (0.89%) N-Tier
16 12 (0.82%) Online Banking
17 11 (0.75%) User Experience
Operating Systems
1 242 (16.60%) Linux
2 181 (12.41%) Unix
3 66 (4.53%) Windows
4 44 (3.02%) Solaris
5 25 (1.71%) Red Hat Enterprise Linux
6 6 (0.41%) Windows Server
7 4 (0.27%) Windows 7
8 3 (0.21%) Windows Server 2012
9 2 (0.14%) Windows Server 2008
10 1 (0.069%) AIX
10 1 (0.069%) Android
10 1 (0.069%) Apple iOS
10 1 (0.069%) MVS
Processes & Methodologies
1 441 (30.25%) Electronic Trading
2 362 (24.83%) Low Latency
3 341 (23.39%) Agile Software Development
4 333 (22.84%) Multithreading
5 190 (13.03%) Algorithmic Trading
6 164 (11.25%) Risk Management
7 125 (8.57%) Multithreaded Programming
8 120 (8.23%) Test Automation
9 104 (7.13%) User Acceptance Testing
10 103 (7.06%) OO
11 98 (6.72%) Mathematics
12 96 (6.58%) TDD
13 91 (6.24%) Analytics
14 88 (6.04%) Continuous Integration
15 83 (5.69%) SDLC
16 81 (5.56%) MVVM
17 80 (5.49%) E-Commerce
18 78 (5.35%) Project Management
19 75 (5.14%) Market Making
20 73 (5.01%) Stakeholder Management
Programming Languages
1 553 (37.93%) Java
2 384 (26.34%) C#
3 336 (23.05%) C++
4 302 (20.71%) SQL
5 193 (13.24%) Python
6 145 (9.95%) JavaScript
7 50 (3.43%) Perl
8 41 (2.81%) C
9 37 (2.54%) VBA
10 30 (2.06%) TypeScript
11 27 (1.85%) Scala
12 26 (1.78%) Shell Script
13 18 (1.23%) Bash Shell
13 18 (1.23%) Ruby
13 18 (1.23%) T-SQL
14 17 (1.17%) Korn
15 11 (0.75%) ES6
15 11 (0.75%) R
16 9 (0.62%) Ada
17 8 (0.55%) VB
Qualifications
1 91 (6.24%) Degree
2 55 (3.77%) PhD
3 42 (2.88%) Computer Science Degree
4 20 (1.37%) PMP
5 14 (0.96%) ISEB
5 14 (0.96%) PMI Certification
6 9 (0.62%) ISTQB
7 4 (0.27%) PRINCE2 Certification
8 2 (0.14%) CFA
8 2 (0.14%) ISEB Practitioner
8 2 (0.14%) ISTQB Foundation Certification
8 2 (0.14%) MBA
9 1 (0.069%) CCA
9 1 (0.069%) CISSP
9 1 (0.069%) Master's Degree
9 1 (0.069%) Microsoft Certification
9 1 (0.069%) Numerate Degree
9 1 (0.069%) PRINCE2 Practitioner
9 1 (0.069%) SC Cleared
9 1 (0.069%) Security Cleared
Quality Assurance & Compliance
1 112 (7.68%) MiFID
2 78 (5.35%) QA
3 26 (1.78%) EMIR
4 9 (0.62%) PMO
5 4 (0.27%) Data Quality
5 4 (0.27%) Dodd-Frank
5 4 (0.27%) SLA
6 3 (0.21%) Sarbanes-Oxley
7 2 (0.14%) IFRS
7 2 (0.14%) ISO 20022
7 2 (0.14%) PSD2
7 2 (0.14%) SEPA
8 1 (0.069%) COREP
8 1 (0.069%) GDPR
System Software
1 12 (0.82%) Docker
2 5 (0.34%) Active Directory
3 4 (0.27%) HDFS
4 3 (0.21%) Apache Flume
5 2 (0.14%) VMware ESXi
5 2 (0.14%) VMware Infrastructure
6 1 (0.069%) Oracle RAC
6 1 (0.069%) Virtual Machines
6 1 (0.069%) XenApp
Systems Management
1 31 (2.13%) HP Quality Center
2 17 (1.17%) Ansible
3 15 (1.03%) Opscode Chef
4 4 (0.27%) CA Service Virtualization
4 4 (0.27%) Kubernetes
4 4 (0.27%) Thomson Reuters DACS
5 3 (0.21%) ITRS Geneos
5 3 (0.21%) Oozie
5 3 (0.21%) Oracle Enterprise Manager
6 1 (0.069%) Cisco CUCM
6 1 (0.069%) Control-M
6 1 (0.069%) Puppet
6 1 (0.069%) SCCM
6 1 (0.069%) WSUS
6 1 (0.069%) yum
Vendors
1 140 (9.60%) TIBCO
2 121 (8.30%) Oracle
3 76 (5.21%) Microsoft
4 71 (4.87%) Sybase
5 69 (4.73%) Reuters
6 62 (4.25%) ION Trading
7 58 (3.98%) Murex
8 40 (2.74%) Solace
9 38 (2.61%) Currenex
9 38 (2.61%) FXall
10 35 (2.40%) Bloomberg
11 28 (1.92%) Talarian
12 15 (1.03%) HP
13 14 (0.96%) SAP
14 12 (0.82%) IBM
15 8 (0.55%) Calypso
15 8 (0.55%) Wallstreet Suite
16 7 (0.48%) CQG
16 7 (0.48%) Fidessa
16 7 (0.48%) FIS