Period
to 8 July 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 8 July 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
8 Jul 2020
Same period 2019 Same period 2018
Rank 178 380 243
Rank change year-on-year +202 -137 -48
Contract jobs citing Foreign Exchange (FX) 625 613 1,175
As % of all contract jobs advertised in the UK 1.50% 0.65% 1.12%
As % of the Miscellaneous category 4.54% 2.04% 3.49%
Number of daily rates quoted 544 483 910
Median daily rate £650 £638 £650
Median daily rate % change year-on-year +1.96% -1.92% +8.33%
10th Percentile £513 £464 £451
90th Percentile £800 £775 £838
UK excluding London median daily rate £513 £450 £463
% change year-on-year +13.89% -2.70% +1.93%
Number of hourly rates quoted 2 1 2
Median hourly rate £35.00 £17.50 £34.50
Median hourly rate % change year-on-year +100.00% -49.28% -27.37%
UK excluding London median hourly rate - - £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 13,778 30,069 33,645
As % of all contract IT jobs advertised in the UK 33.09% 31.93% 32.21%
Number of daily rates quoted 8,542 19,268 21,750
Median daily rate £475 £475 £455
Median daily rate % change year-on-year - +4.40% +1.11%
10th Percentile £263 £275 £269
90th Percentile £704 £663 £656
UK excluding London median daily rate £425 £425 £410
% change year-on-year - +3.66% +2.50%
Number of hourly rates quoted 633 1,069 1,059
Median hourly rate £30.50 £20.86 £21.78
Median hourly rate % change year-on-year +46.25% -4.25% +8.90%
10th Percentile £13.00 £11.80 £11.59
90th Percentile £53.75 £52.50 £50.55
Median hourly rate £22.50 £18.75 £20.81
% change year-on-year +20.00% -9.88% +11.38%

Foreign Exchange (FX)
Job Vacancy Trend

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

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

Foreign Exchange (FX)
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Foreign Exchange (FX).

Daily rate trend for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Daily Rate Histogram

Daily rate distribution for jobs citing Foreign Exchange (FX) over the 6 months to 8 July 2020.

Daily rate histogram for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Foreign Exchange (FX).

Hourly rate trend 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 8 July 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 +204 617 £650 - 61
London +130 601 £650 - 59
UK excluding London +207 22 £513 +13.89% 3
Work from Home +8 13 £650 - 5
Scotland +73 6 £500 -23.08%
North of England +114 5 £463 -33.93%
East of England +68 4 £650 +76.27%
Midlands +95 3 £513 +20.59% 2
North West +70 3 £500 +21.21%
South West +77 2 £300 +42.86%
East Midlands +52 2 £513 +5.13%
North East - 2 £425 -
South East +147 1 £525 +10.53%
West Midlands +74 1 - - 2
Northern Ireland +16 1 - - 1

For the 6 months to 8 July 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).

1 397 (63.52%) Front Office
2 363 (58.08%) Finance
3 338 (54.08%) Banking
4 336 (53.76%) Java
5 326 (52.16%) Agile Software Development
6 277 (44.32%) Fixed Income
7 235 (37.60%) Equities
7 235 (37.60%) Derivative
8 234 (37.44%) JavaScript
9 232 (37.12%) Investment Banking
10 205 (32.80%) Web Services
11 202 (32.32%) Hedge funds
12 193 (30.88%) AWS
13 189 (30.24%) Asset Management
14 188 (30.08%) React
15 185 (29.60%) Software Engineering
16 181 (28.96%) Python
17 171 (27.36%) AngularJS
18 147 (23.52%) Investment Management
19 143 (22.88%) C#
20 131 (20.96%) DevOps
21 129 (20.64%) Vue.js
22 127 (20.32%) SQL
23 119 (19.04%) Business Analysis
24 117 (18.72%) Multithreading
25 100 (16.00%) Azure
26 99 (15.84%) Electronic Trading
27 97 (15.52%) Microservices
27 97 (15.52%) .NET
28 94 (15.04%) GCP

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 (2.08%) Apache Spark
2 9 (1.44%) Oracle Coherence
3 5 (0.80%) CMS
4 2 (0.32%) Apache
5 1 (0.16%) Apache Qpid
5 1 (0.16%) Confluence
5 1 (0.16%) Elasticsearch
5 1 (0.16%) Jupyter
5 1 (0.16%) Oracle Application Server
5 1 (0.16%) SharePoint
Applications
1 11 (1.76%) Microsoft Excel
2 7 (1.12%) Spreadsheet
3 5 (0.80%) Chatbot
4 2 (0.32%) Microsoft Office
4 2 (0.32%) Microsoft PowerPoint
5 1 (0.16%) Adobe Illustrator
5 1 (0.16%) Houdini
5 1 (0.16%) Photoshop
Business Applications
1 25 (4.00%) Markit EDM
2 23 (3.68%) SimCorp Dimension
3 9 (1.44%) ION MarketView
4 8 (1.28%) Front Arena
5 7 (1.12%) Distributed Ledger
5 7 (1.12%) FINCAD Analytics
6 4 (0.64%) Endur
7 3 (0.48%) BusinessWorks
7 3 (0.48%) thinkFolio
8 2 (0.32%) PolarLake
9 1 (0.16%) Oracle Assets
9 1 (0.16%) Oracle Cash Management
9 1 (0.16%) Oracle EBS
9 1 (0.16%) Oracle FAH
9 1 (0.16%) Oracle General Ledger
9 1 (0.16%) Oracle Payables
9 1 (0.16%) Oracle Receivables
9 1 (0.16%) RMDS
Cloud Services
1 193 (30.88%) AWS
2 100 (16.00%) Azure
3 94 (15.04%) GCP
4 8 (1.28%) Amazon EC2
4 8 (1.28%) Amazon S3
4 8 (1.28%) AWS Lambda
4 8 (1.28%) Serverless
5 7 (1.12%) AWS Step Functions
6 5 (0.80%) GitHub
7 4 (0.64%) Amazon ECS
7 4 (0.64%) Amazon SQS
7 4 (0.64%) SaaS
8 2 (0.32%) Cloud Computing
8 2 (0.32%) IaaS
8 2 (0.32%) npm
8 2 (0.32%) PaaS
8 2 (0.32%) Power Platform
9 1 (0.16%) Amazon CloudWatch
Communications & Networking
1 13 (2.08%) RTMP
2 5 (0.80%) Firewall
3 4 (0.64%) Multicast
4 3 (0.48%) HTTP
4 3 (0.48%) TCP/IP
5 1 (0.16%) HTTPS
5 1 (0.16%) MQTT
5 1 (0.16%) Reverse Proxy
5 1 (0.16%) SSL
Database & Business Intelligence
1 25 (4.00%) MongoDB
2 24 (3.84%) NoSQL
3 21 (3.36%) Redis
3 21 (3.36%) Relational Database
3 21 (3.36%) SQL Server
4 16 (2.56%) Amazon DynamoDB
5 13 (2.08%) Big Data
6 11 (1.76%) PostgreSQL
7 10 (1.60%) Apache Cassandra
7 10 (1.60%) RDBMS
8 7 (1.12%) Amazon Athena
8 7 (1.12%) Couchbase
8 7 (1.12%) DB2
8 7 (1.12%) HBase
8 7 (1.12%) KDB
8 7 (1.12%) MariaDB
8 7 (1.12%) Neo4j
8 7 (1.12%) Tick Data
9 5 (0.80%) Amazon Aurora
10 4 (0.64%) Amazon Redshift
Development Applications
1 51 (8.16%) RStudio
2 38 (6.08%) Jenkins
3 37 (5.92%) Git (software)
4 24 (3.84%) JIRA
5 19 (3.04%) TeamCity
6 16 (2.56%) Subversion
7 15 (2.40%) Maven
8 11 (1.76%) NUnit
9 10 (1.60%) JUnit
9 10 (1.60%) Octopus Deploy
10 9 (1.44%) git-flow
11 8 (1.28%) Gradle
11 8 (1.28%) Visual Studio
12 7 (1.12%) Mockito
13 6 (0.96%) GitLab
13 6 (0.96%) ReSharper
14 5 (0.80%) Selenium
15 4 (0.64%) Robot Framework
15 4 (0.64%) Team Foundation Server
16 3 (0.48%) webpack
General
1 397 (63.52%) Front Office
2 363 (58.08%) Finance
3 338 (54.08%) Banking
4 232 (37.12%) Investment Banking
5 18 (2.88%) Back Office
6 4 (0.64%) Retail
7 3 (0.48%) Legal
8 2 (0.32%) Corporate Banking
8 2 (0.32%) Financial Institution
8 2 (0.32%) Retail Banking
9 1 (0.16%) Advertising
9 1 (0.16%) General Ledger
9 1 (0.16%) Law
Job Titles
1 413 (66.08%) Developer
2 177 (28.32%) Java Developer
3 127 (20.32%) AWS Developer
4 119 (19.04%) AWS Engineer
5 75 (12.00%) Front Office Developer
6 68 (10.88%) Analyst
7 64 (10.24%) Python Developer
8 63 (10.08%) Senior Developer
8 63 (10.08%) Software Engineer
9 52 (8.32%) AWS Software Engineer
10 48 (7.68%) Developer/Software Engineer
11 47 (7.52%) Electronic Trading Developer
12 45 (7.20%) Architect
13 44 (7.04%) JavaScript Developer
14 42 (6.72%) Business Analyst
15 41 (6.56%) Electronic Trading Java Developer
16 36 (5.76%) Quantitative Developer
16 36 (5.76%) Senior Java Developer
17 35 (5.60%) C# Developer
18 33 (5.28%) Java Engineer
Libraries, Frameworks & Software Standards
1 205 (32.80%) Web Services
2 188 (30.08%) React
3 171 (27.36%) AngularJS
4 129 (20.64%) Vue.js
5 97 (15.52%) .NET
6 53 (8.48%) .NET Core
7 49 (7.84%) HTML
8 44 (7.04%) ASP.NET
9 43 (6.88%) J2EE
9 43 (6.88%) Spring
10 42 (6.72%) WPF
11 41 (6.56%) CSS
12 40 (6.40%) Node.js
13 38 (6.08%) ASP.NET Core
13 38 (6.08%) HTML5
14 35 (5.60%) FIX Protocol
15 30 (4.80%) Spring Boot
16 27 (4.32%) Hibernate
17 17 (2.72%) WCF
18 15 (2.40%) Sass
Miscellaneous
1 277 (44.32%) Fixed Income
2 235 (37.60%) Derivative
2 235 (37.60%) Equities
3 202 (32.32%) Hedge funds
4 58 (9.28%) Analytical Skills
5 42 (6.72%) Greenfield Project
6 35 (5.60%) Data Structures
7 26 (4.16%) Reference Data
8 22 (3.52%) Credit Risk
9 19 (3.04%) Equity Derivative
9 19 (3.04%) User Experience
10 14 (2.24%) Market Risk
11 11 (1.76%) Virtual Team
12 10 (1.60%) Algorithms
13 7 (1.12%) Enterprise Software
14 5 (0.80%) Robotics
15 4 (0.64%) Blog
15 4 (0.64%) Management Information System
15 4 (0.64%) Swaptions
16 3 (0.48%) Interest Rate Derivative
Operating Systems
1 32 (5.12%) Linux
2 10 (1.60%) Unix
3 7 (1.12%) Windows
4 4 (0.64%) Red Hat Enterprise Linux
5 1 (0.16%) Apple iOS
Processes & Methodologies
1 326 (52.16%) Agile Software Development
2 189 (30.24%) Asset Management
3 185 (29.60%) Software Engineering
4 147 (23.52%) Investment Management
5 131 (20.96%) DevOps
6 119 (19.04%) Business Analysis
7 117 (18.72%) Multithreading
8 99 (15.84%) Electronic Trading
9 97 (15.52%) Microservices
10 89 (14.24%) Portfolio Management
11 87 (13.92%) Low Latency
12 78 (12.48%) Decision-Making
13 72 (11.52%) Fintech
14 59 (9.44%) Migration
15 58 (9.28%) TDD
16 57 (9.12%) SDLC
17 55 (8.80%) Front End Development
18 53 (8.48%) Algorithmic Trading
19 47 (7.52%) Analytics
20 46 (7.36%) Test Automation
Programming Languages
1 336 (53.76%) Java
2 234 (37.44%) JavaScript
3 181 (28.96%) Python
4 143 (22.88%) C#
5 127 (20.32%) SQL
6 50 (8.00%) C++
7 31 (4.96%) TypeScript
8 20 (3.20%) Kotlin
9 18 (2.88%) Java 8
10 14 (2.24%) VBA
11 12 (1.92%) Scala
12 11 (1.76%) C
13 8 (1.28%) ES6
14 6 (0.96%) Perl
14 6 (0.96%) T-SQL
15 5 (0.80%) Haskell
16 3 (0.48%) Shell Script
17 2 (0.32%) Groovy
17 2 (0.32%) PHP
17 2 (0.32%) XAML
Qualifications
1 47 (7.52%) Degree
2 24 (3.84%) Computer Science Degree
3 2 (0.32%) Master's Degree
4 1 (0.16%) AWS Certification
4 1 (0.16%) ISEB
4 1 (0.16%) MBA
4 1 (0.16%) PRINCE2 Certification
Quality Assurance & Compliance
1 12 (1.92%) QA
2 8 (1.28%) MiFID
3 4 (0.64%) Data Quality
4 2 (0.32%) EMIR
4 2 (0.32%) IFRS
4 2 (0.32%) Solvency II
5 1 (0.16%) PSD2
5 1 (0.16%) SEPA
5 1 (0.16%) SLA
System Software
1 12 (1.92%) Docker
Systems Management
1 6 (0.96%) Kubernetes
2 5 (0.80%) Terraform
3 4 (0.64%) Ansible
4 2 (0.32%) Opscode Chef
5 1 (0.16%) BladeLogic
5 1 (0.16%) Grafana
5 1 (0.16%) IBM BigFix
5 1 (0.16%) Kibana
5 1 (0.16%) logstash
5 1 (0.16%) Prometheus
Vendors
1 90 (14.40%) Google
2 48 (7.68%) Bloomberg
3 41 (6.56%) Oracle
4 25 (4.00%) Charles River
5 24 (3.84%) Calypso
5 24 (3.84%) GoldenSource
6 23 (3.68%) SimCorp
7 15 (2.40%) TIBCO
8 13 (2.08%) Murex
9 12 (1.92%) ION Trading
10 10 (1.60%) Sybase
11 9 (1.44%) Terracotta
12 8 (1.28%) FXall
13 7 (1.12%) Tableau
14 6 (0.96%) Reuters
15 5 (0.80%) Red Hat
16 4 (0.64%) FIS
16 4 (0.64%) Microsoft
17 3 (0.48%) Solace
17 3 (0.48%) Sun