Period
to 17 November 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 17 November 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
17 Nov 2017
Same period 2016 Same period 2015
Rank 162 282 254
Rank change year-on-year +120 -28 -48
Contract jobs citing Foreign Exchange (FX) 1637 947 1127
As % of all contract IT jobs advertised in the UK 1.59% 0.89% 0.98%
As % of the Miscellaneous category 4.74% 2.70% 3.02%
Number of daily rates quoted 1285 713 855
UK median daily rate £613 £600 £575
Median daily rate % change year-on-year +2.08% +4.35% -4.17%
10th Percentile £463 £413 £413
90th Percentile £775 £725 £750
UK excluding London median daily rate £375 £360 £600
% change year-on-year +4.17% -40.00% +50.00%
Number of hourly rates quoted 3 0 1
UK median hourly rate £47.50 - £16.50
10th Percentile £45.25 - £15.75
90th Percentile £165.75 - £17.25
UK excluding London median hourly rate £46.25 - £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 34549 35124 37370
As % of all contract IT jobs advertised in the UK 33.61% 33.14% 32.51%
Number of daily rates quoted 22925 23050 23744
UK median daily rate £450 £425 £420
Median daily rate % change year-on-year +5.88% +1.19% +5.00%
10th Percentile £263 £250 £240
90th Percentile £650 £625 £615
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00% +7.14%
Number of hourly rates quoted 1012 1204 1476
UK median hourly rate £20.92 £20.92 £19.22
Median hourly rate % change year-on-year +0.04% +8.82% +6.78%
10th Percentile £11.25 £11.72 £11.25
90th Percentile £48.75 £47.50 £47.29
UK excluding London median hourly rate £20.12 £21.00 £19.00
% change year-on-year -4.19% +10.53% +8.57%

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 17 November 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 17 November 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 17 November 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 +125 1587 £625 +4.17% 83
London +60 1561 £625 +4.17% 79
UK excluding London +41 69 £375 +4.17% 5
Northern Ireland -16 28 £310 -17.33%
North of England +57 13 £480 +9.09%
North West +23 13 £480 +9.09%
Scotland -8 13 £500 +21.21% 1
South East -1 9 £493 +43.38% 1
Channel Islands - 5 - -
South West +1 3 £413 -21.43% 1

For the 6 months to 17 November 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).

1 787 (48.08%) Front Office
2 745 (45.51%) Banking
3 711 (43.43%) Finance
4 658 (40.20%) Java
5 436 (26.63%) Electronic Trading
6 431 (26.33%) Agile Software Development
7 394 (24.07%) Multithreading
8 388 (23.70%) C++
9 386 (23.58%) Low Latency
10 382 (23.34%) Investment Banking
11 364 (22.24%) C#
12 348 (21.26%) SQL
13 295 (18.02%) Derivative
14 293 (17.90%) Fixed Income
15 271 (16.55%) Linux
16 248 (15.15%) Equities
17 222 (13.56%) Python
18 205 (12.52%) Unix
19 193 (11.79%) .NET
20 173 (10.57%) Algorithmic Trading
21 163 (9.96%) FIX Protocol
22 158 (9.65%) JavaScript
23 153 (9.35%) Multithreaded Programming
24 150 (9.16%) Risk Management
25 146 (8.92%) Oracle
25 146 (8.92%) Analytical Skills
26 145 (8.86%) Test Automation
27 137 (8.37%) HTML
27 137 (8.37%) MiFID
28 133 (8.12%) 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 22 (1.34%) CMS
2 19 (1.16%) Oracle Coherence
3 18 (1.10%) Apache Spark
4 16 (0.98%) MQSeries
5 11 (0.67%) Elasticsearch
6 10 (0.61%) IIS
7 8 (0.49%) SharePoint
7 8 (0.49%) WebSphere
8 5 (0.31%) Confluence
9 3 (0.18%) Apache
9 3 (0.18%) Oracle Workflow
10 2 (0.12%) DataSynapse
10 2 (0.12%) PegaRULES
10 2 (0.12%) SAS
10 2 (0.12%) Sitecore CMS
10 2 (0.12%) Tomcat
11 1 (0.061%) BizTalk Server
11 1 (0.061%) CICS
11 1 (0.061%) MS Exchange
11 1 (0.061%) Oracle SOA Suite
Applications
1 86 (5.25%) Microsoft Excel
2 37 (2.26%) Spreadsheet
3 21 (1.28%) Microsoft Project
4 19 (1.16%) MS Visio
5 18 (1.10%) Microsoft Office
6 16 (0.98%) Microsoft PowerPoint
7 6 (0.37%) Photoshop
8 5 (0.31%) Adobe Illustrator
9 1 (0.061%) Adobe After Effects
9 1 (0.061%) Adobe Premiere
Business Applications
1 50 (3.05%) ION MarketView
2 27 (1.65%) RMDS
3 15 (0.92%) Kondor
4 12 (0.73%) Summit
5 7 (0.43%) SunGard GMI
6 5 (0.31%) BusinessWorks
6 5 (0.31%) Global One
7 4 (0.24%) Markit EDM
7 4 (0.24%) MetaTrader
7 4 (0.24%) Payment Gateway
7 4 (0.24%) thinkFolio
8 3 (0.18%) Dynamics AX
8 3 (0.18%) SAP FSCM
9 2 (0.12%) Bloomberg TOMS
9 2 (0.12%) Dynamics CRM
9 2 (0.12%) Oracle Cash Management
9 2 (0.12%) Oracle Subledger Accounting
9 2 (0.12%) SAP FI
10 1 (0.061%) Endur
10 1 (0.061%) SAP FI/CO
Cloud Services
1 8 (0.49%) Amazon AWS
2 7 (0.43%) PaaS
3 6 (0.37%) npm
3 6 (0.37%) Yarn
4 4 (0.24%) GitHub
4 4 (0.24%) Microsoft Azure
5 1 (0.061%) Adobe Creative Cloud
5 1 (0.061%) Cloud Computing
5 1 (0.061%) Office 365
5 1 (0.061%) OpenShift
Communications & Networking
1 33 (2.02%) TCP/IP
2 13 (0.79%) LAN
3 12 (0.73%) Firewall
4 10 (0.61%) FIX Connectivity
5 8 (0.49%) SSL
6 5 (0.31%) MPLS
7 4 (0.24%) DNS
7 4 (0.24%) PPP
7 4 (0.24%) WAN
8 3 (0.18%) Internet
8 3 (0.18%) SAN
9 2 (0.12%) DHCP
9 2 (0.12%) Ethernet
9 2 (0.12%) Intranet
9 2 (0.12%) VPN
10 1 (0.061%) HTTP
10 1 (0.061%) IPsec
10 1 (0.061%) SMS
10 1 (0.061%) SNA
10 1 (0.061%) SSH
Database & Business Intelligence
1 125 (7.64%) SQL Server
2 63 (3.85%) Relational Database
3 49 (2.99%) KDB
4 39 (2.38%) Big Data
5 35 (2.14%) Blockchain
6 23 (1.41%) Hadoop
7 16 (0.98%) SQL Server 2008
8 14 (0.86%) MongoDB
8 14 (0.86%) NoSQL
9 11 (0.67%) SQL Server 2014
9 11 (0.67%) SQL Server Analysis Services
10 10 (0.61%) Apache Cassandra
10 10 (0.61%) BusinessObjects
10 10 (0.61%) Kdb+
10 10 (0.61%) OLAP
11 9 (0.55%) RDBMS
12 8 (0.49%) Apache Hive
12 8 (0.49%) Oracle Database
12 8 (0.49%) SQL Server Integration Services
12 8 (0.49%) SQL Server Reporting Services
Development Applications
1 87 (5.31%) JIRA
2 78 (4.76%) Git (software)
3 55 (3.36%) Maven
4 47 (2.87%) TeamCity
5 34 (2.08%) Visual Studio
6 28 (1.71%) Jenkins
7 24 (1.47%) Gradle
7 24 (1.47%) Selenium
8 23 (1.41%) JUnit
9 21 (1.28%) NUnit
10 20 (1.22%) Cucumber
10 20 (1.22%) Team Foundation Server
11 17 (1.04%) Subversion
12 13 (0.79%) Hudson
13 12 (0.73%) Grunt
14 11 (0.67%) Bitbucket
15 9 (0.55%) Atlassian Bamboo
15 9 (0.55%) Mockito
15 9 (0.55%) WebDriver
16 8 (0.49%) MSBuild
General
1 787 (48.08%) Front Office
2 745 (45.51%) Banking
3 711 (43.43%) Finance
4 382 (23.34%) Investment Banking
5 66 (4.03%) Financial Institution
6 61 (3.73%) Back Office
7 18 (1.10%) Legal
8 10 (0.61%) Retail
9 8 (0.49%) German Language
9 8 (0.49%) Prime Brokerage
10 7 (0.43%) Marketing
10 7 (0.43%) Pharmaceutical
11 6 (0.37%) International Banking
12 4 (0.24%) French Language
12 4 (0.24%) General Ledger
12 4 (0.24%) Retail Banking
12 4 (0.24%) Spanish Language
12 4 (0.24%) Telecoms
13 3 (0.18%) Portuguese Language
14 2 (0.12%) Games
Job Titles
1 1007 (61.51%) Developer
2 391 (23.89%) Java Developer
3 298 (18.20%) Analyst
4 205 (12.52%) C# Developer
5 200 (12.22%) C++ Developer
6 182 (11.12%) Business Analyst
7 157 (9.59%) Electronic Trading Developer
8 150 (9.16%) Senior Developer
9 124 (7.57%) Front Office Developer
10 103 (6.29%) Electronic Trading Java Developer
11 94 (5.74%) Senior Java Developer
12 64 (3.91%) Project Manager
13 62 (3.79%) .NET Developer
14 60 (3.67%) Quantitative Developer
15 59 (3.60%) FX Business Analyst
16 55 (3.36%) Java Swing Developer
17 48 (2.93%) JavaScript Developer
17 48 (2.93%) Low Latency Java Developer
18 47 (2.87%) Test Analyst
19 46 (2.81%) WPF Developer
Libraries, Frameworks & Software Standards
1 193 (11.79%) .NET
2 163 (9.96%) FIX Protocol
3 137 (8.37%) HTML
4 118 (7.21%) HTML5
5 117 (7.15%) WPF
6 100 (6.11%) AngularJS
7 94 (5.74%) XML
8 91 (5.56%) Spring
9 82 (5.01%) Middleware
10 68 (4.15%) Swing
11 58 (3.54%) STL
12 55 (3.36%) CSS
13 54 (3.30%) Boost C++ Libraries
13 54 (3.30%) Rendezvous
14 48 (2.93%) React
15 46 (2.81%) RESTful
16 42 (2.57%) JMS
17 41 (2.50%) TIBCO EMS
18 38 (2.32%) REST
18 38 (2.32%) Web Services
Miscellaneous
1 295 (18.02%) Derivative
2 293 (17.90%) Fixed Income
3 248 (15.15%) Equities
4 146 (8.92%) Analytical Skills
5 111 (6.78%) Greenfield Project
6 73 (4.46%) Computer Science
7 57 (3.48%) Market Risk
8 51 (3.12%) Data Structures
8 51 (3.12%) Fintech
9 45 (2.75%) Algorithms
10 34 (2.08%) User Experience
11 33 (2.02%) OTC Derivatives
12 30 (1.83%) Interest Rate Derivative
13 28 (1.71%) Credit Risk
14 27 (1.65%) Equity Derivative
15 23 (1.41%) Credit Derivative
16 22 (1.34%) Swaptions
17 18 (1.10%) SWIFT
18 16 (0.98%) Hedge funds
19 13 (0.79%) PMI
Operating Systems
1 271 (16.55%) Linux
2 205 (12.52%) Unix
3 98 (5.99%) Windows
4 43 (2.63%) Solaris
5 18 (1.10%) Red Hat Enterprise Linux
6 15 (0.92%) Windows 7
7 11 (0.67%) Windows Server
8 5 (0.31%) Windows Server 2008
9 4 (0.24%) Windows Server 2012
10 3 (0.18%) Android
10 3 (0.18%) Apple iOS
11 2 (0.12%) AIX
12 1 (0.061%) MVS
Processes & Methodologies
1 436 (26.63%) Electronic Trading
2 431 (26.33%) Agile Software Development
3 394 (24.07%) Multithreading
4 386 (23.58%) Low Latency
5 173 (10.57%) Algorithmic Trading
6 153 (9.35%) Multithreaded Programming
7 150 (9.16%) Risk Management
8 145 (8.86%) Test Automation
9 133 (8.12%) TDD
10 127 (7.76%) User Acceptance Testing
11 111 (6.78%) SDLC
12 107 (6.54%) Analytics
13 104 (6.35%) Mathematics
14 98 (5.99%) Continuous Integration
15 93 (5.68%) OO
16 92 (5.62%) E-Commerce
17 91 (5.56%) Scrum
18 87 (5.31%) Business Analysis
19 79 (4.83%) Project Management
20 75 (4.58%) Unit Testing
Programming Languages
1 658 (40.20%) Java
2 388 (23.70%) C++
3 364 (22.24%) C#
4 348 (21.26%) SQL
5 222 (13.56%) Python
6 158 (9.65%) JavaScript
7 61 (3.73%) VBA
8 59 (3.60%) Perl
9 48 (2.93%) C
10 37 (2.26%) Scala
11 28 (1.71%) Shell Script
11 28 (1.71%) TypeScript
12 22 (1.34%) T-SQL
13 21 (1.28%) Korn
14 19 (1.16%) Ruby
15 18 (1.10%) Bash Shell
16 15 (0.92%) ES6
17 14 (0.86%) R
18 12 (0.73%) PowerShell
19 9 (0.55%) PL/SQL
Qualifications
1 96 (5.86%) Degree
2 47 (2.87%) PhD
3 34 (2.08%) Computer Science Degree
4 27 (1.65%) PMP
5 22 (1.34%) PMI Certification
6 12 (0.73%) ISEB
7 7 (0.43%) ISTQB
8 4 (0.24%) PRINCE2 Certification
9 3 (0.18%) CFA
9 3 (0.18%) Master's Degree
9 3 (0.18%) Numerate Degree
9 3 (0.18%) PRINCE2 Practitioner
10 2 (0.12%) ISEB Practitioner
10 2 (0.12%) ISTQB Foundation Certification
10 2 (0.12%) MBA
11 1 (0.061%) CISA
11 1 (0.061%) CISM
11 1 (0.061%) CISSP
11 1 (0.061%) SC Cleared
11 1 (0.061%) Security Cleared
Quality Assurance & Compliance
1 137 (8.37%) MiFID
2 79 (4.83%) QA
3 23 (1.41%) EMIR
4 9 (0.55%) Dodd-Frank
5 7 (0.43%) PMO
6 5 (0.31%) Sarbanes-Oxley
7 4 (0.24%) Data Quality
7 4 (0.24%) SLA
8 3 (0.18%) PSD2
9 2 (0.12%) GDPR
9 2 (0.12%) ISO 20022
9 2 (0.12%) SEPA
10 1 (0.061%) COREP
10 1 (0.061%) PCI DSS
System Software
1 19 (1.16%) Docker
2 7 (0.43%) VMware Infrastructure
3 4 (0.24%) Active Directory
3 4 (0.24%) HDFS
4 3 (0.18%) Apache Flume
5 2 (0.12%) Oracle RAC
5 2 (0.12%) VMware ESXi
6 1 (0.061%) XenApp
Systems Management
1 32 (1.95%) HP Quality Center
2 24 (1.47%) Ansible
3 19 (1.16%) Opscode Chef
4 7 (0.43%) Kubernetes
5 6 (0.37%) ITRS Geneos
6 5 (0.31%) Puppet
6 5 (0.31%) Thomson Reuters DACS
7 4 (0.24%) CA Service Virtualization
8 3 (0.18%) Oozie
9 2 (0.12%) Ganglia
9 2 (0.12%) Kibana
9 2 (0.12%) logstash
9 2 (0.12%) Oracle Enterprise Manager
10 1 (0.061%) Cisco CUCM
10 1 (0.061%) Control-M
10 1 (0.061%) SCCM
10 1 (0.061%) SCOM
10 1 (0.061%) SCOrch
10 1 (0.061%) SCSM
10 1 (0.061%) vMotion
Vendors
1 146 (8.92%) Oracle
2 131 (8.00%) TIBCO
3 100 (6.11%) Microsoft
4 77 (4.70%) Sybase
5 70 (4.28%) ION Trading
6 68 (4.15%) Murex
7 65 (3.97%) Reuters
8 48 (2.93%) Solace
9 38 (2.32%) FXall
10 36 (2.20%) Currenex
11 33 (2.02%) Bloomberg
12 29 (1.77%) Talarian
13 16 (0.98%) IBM
14 15 (0.92%) Charles River
15 14 (0.86%) HP
16 13 (0.79%) Calypso
17 11 (0.67%) SAP
18 8 (0.49%) Fidessa
18 8 (0.49%) Informatica
18 8 (0.49%) VMware