Period
to 19 November 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 19 November 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
19 Nov 2018
Same period 2017 Same period 2016
Rank 272 169 294
Rank change year-on-year -103 +125 -41
Contract jobs citing Foreign Exchange (FX) 1,016 1,613 934
As % of all contract IT jobs advertised in the UK 0.98% 1.59% 0.89%
As % of the Miscellaneous category 2.89% 4.62% 2.61%
Number of daily rates quoted 794 1,267 703
UK median daily rate £600 £613 £600
Median daily rate % change year-on-year -2.04% +2.08% +4.35%
10th Percentile £425 £463 £413
90th Percentile £775 £775 £725
UK excluding London median daily rate £350 £375 £360
% change year-on-year -6.67% +4.17% -40.00%
Number of hourly rates quoted 1 3 0
UK median hourly rate £65.00 £47.50 -
Median hourly rate % change year-on-year +36.84% - -
UK excluding London median hourly rate - £46.25 -

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 35,196 34,922 35,736
As % of all contract IT jobs advertised in the UK 34.08% 34.43% 34.08%
Number of daily rates quoted 23,196 23,095 23,386
UK median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.56% +5.88% +1.19%
10th Percentile £275 £263 £250
90th Percentile £656 £650 £625
UK excluding London median daily rate £425 £400 £388
% change year-on-year +6.25% +3.23% +3.33%
Number of hourly rates quoted 1,075 1,057 1,233
UK median hourly rate £21.00 £20.00 £20.00
Median hourly rate % change year-on-year +5.00% - +5.10%
10th Percentile £12.06 £11.25 £11.65
90th Percentile £50.75 £47.90 £47.50
UK excluding London median hourly rate £20.00 £20.00 £20.50
% change year-on-year - -2.44% +9.33%

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 19 November 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 14 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 19 November 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 -87 987 £600 -4.00% 156
London -62 954 £623 -0.40% 134
UK excluding London -13 57 £350 -6.67% 27
Scotland -3 16 £325 -35.00% 2
Northern Ireland +16 10 £321 +3.39% 3
South East -20 10 £388 -21.32% 6
North of England -19 9 £450 -6.25% 3
South West -21 7 £283 -31.52% 5
North West -23 6 £375 -21.88% 2
Yorkshire - 3 £475 - 1
Channel Islands -6 2 - -
East Midlands - 2 - - 1
Midlands - 2 - - 6
East of England - 1 - - 2

For the 6 months to 19 November 2018, 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).

1 486 (47.83%) Finance
2 435 (42.81%) Front Office
3 407 (40.06%) Banking
4 342 (33.66%) Java
5 263 (25.89%) Agile Software Development
6 228 (22.44%) C#
7 217 (21.36%) SQL
7 217 (21.36%) Low Latency
8 195 (19.19%) Derivative
9 193 (19.00%) Multithreading
10 189 (18.60%) Electronic Trading
10 189 (18.60%) Python
11 175 (17.22%) Fixed Income
11 175 (17.22%) Equities
12 130 (12.80%) Investment Banking
13 129 (12.70%) C++
13 129 (12.70%) .NET
14 123 (12.11%) Linux
15 118 (11.61%) Risk Management
16 107 (10.53%) OO
17 104 (10.24%) JavaScript
18 101 (9.94%) TDD
19 98 (9.65%) Oracle
20 90 (8.86%) Unix
21 88 (8.66%) SQL Server
21 88 (8.66%) Microservices
22 81 (7.97%) HTML
23 77 (7.58%) Test Automation
24 73 (7.19%) Analytical Skills
25 72 (7.09%) Unit Testing

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 46 (4.53%) Apache Spark
2 42 (4.13%) Elasticsearch
3 12 (1.18%) Confluence
4 9 (0.89%) NServiceBus
5 7 (0.69%) Cloud Foundry
5 7 (0.69%) IIS
6 6 (0.59%) MQSeries
7 5 (0.49%) JBoss
8 4 (0.39%) CMS
8 4 (0.39%) Oracle Coherence
9 3 (0.30%) Apache
9 3 (0.30%) CICS
9 3 (0.30%) DataSynapse
9 3 (0.30%) SharePoint
10 2 (0.20%) Liferay
10 2 (0.20%) MS Exchange
10 2 (0.20%) Mule
10 2 (0.20%) WebSphere
10 2 (0.20%) WebSphere Portal
11 1 (0.098%) SharePoint 2010
Applications
1 21 (2.07%) Microsoft Excel
2 8 (0.79%) MS Visio
3 5 (0.49%) Maya
4 3 (0.30%) Microsoft Office
4 3 (0.30%) Microsoft PowerPoint
4 3 (0.30%) Microsoft Project
5 2 (0.20%) Adobe Captivate
5 2 (0.20%) Autodesk Smoke
5 2 (0.20%) Houdini
5 2 (0.20%) NUKE
5 2 (0.20%) Photoshop
5 2 (0.20%) Spreadsheet
5 2 (0.20%) ZBrush
Business Applications
1 10 (0.98%) ION MarketView
1 10 (0.98%) Markit EDM
2 9 (0.89%) PolarLake
3 6 (0.59%) thinkFolio
4 5 (0.49%) SAP FI
5 4 (0.39%) Salesforce.com CRM
5 4 (0.39%) SAP BPC
5 4 (0.39%) SAP CO
6 3 (0.30%) Bloomberg AIM
6 3 (0.30%) BusinessWorks
6 3 (0.30%) Kondor
6 3 (0.30%) OpenText VIM for SAP
6 3 (0.30%) SAP FI/CO
7 2 (0.20%) Eagle PACE
7 2 (0.20%) Global One
7 2 (0.20%) Payment Gateway
8 1 (0.098%) Endur
8 1 (0.098%) MultiFonds
8 1 (0.098%) RMDS
8 1 (0.098%) SAP S/4HANA
Cloud Services
1 48 (4.72%) Amazon AWS
2 19 (1.87%) Microsoft Azure
3 16 (1.57%) PaaS
4 9 (0.89%) GitHub
5 7 (0.69%) IaaS
6 4 (0.39%) AWS Lambda
6 4 (0.39%) Google Cloud Platform
6 4 (0.39%) npm
6 4 (0.39%) SaaS
6 4 (0.39%) Serverless
7 3 (0.30%) Amazon S3
7 3 (0.30%) AWS CloudFormation
7 3 (0.30%) Cloud Computing
8 2 (0.20%) Amazon EMR
9 1 (0.098%) Amazon CloudWatch
9 1 (0.098%) Amazon EC2
9 1 (0.098%) CloudFront
9 1 (0.098%) Route 53
9 1 (0.098%) Virtual Private Cloud
Communications & Networking
1 13 (1.28%) Firewall
2 10 (0.98%) Multicast
2 10 (0.98%) TCP/IP
3 6 (0.59%) SSL
4 4 (0.39%) HTTP
4 4 (0.39%) Network Security
5 3 (0.30%) BGP
5 3 (0.30%) Cisco ASA
5 3 (0.30%) Cisco IOS
5 3 (0.30%) EIGRP
5 3 (0.30%) F5 BIG-IP LTM
5 3 (0.30%) FIX Connectivity
5 3 (0.30%) HSRP
5 3 (0.30%) IPsec
5 3 (0.30%) NX-OS
5 3 (0.30%) RTMP
5 3 (0.30%) SNA
5 3 (0.30%) Sourcefire
5 3 (0.30%) VRRP
5 3 (0.30%) Wireshark
Database & Business Intelligence
1 88 (8.66%) SQL Server
2 28 (2.76%) Relational Database
3 23 (2.26%) KDB
4 16 (1.57%) NoSQL
5 15 (1.48%) Big Data
6 11 (1.08%) MongoDB
7 9 (0.89%) RDBMS
7 9 (0.89%) SQL Server 2008
8 8 (0.79%) Blockchain
9 7 (0.69%) Riak
10 5 (0.49%) Apache Cassandra
10 5 (0.49%) Data Mart
10 5 (0.49%) Data Warehouse
10 5 (0.49%) Hadoop
10 5 (0.49%) MySQL
10 5 (0.49%) Oracle Database
10 5 (0.49%) SQL Server 2014
11 4 (0.39%) ObjectStore
11 4 (0.39%) PostgreSQL
11 4 (0.39%) SQL Server Integration Services
Development Applications
1 69 (6.79%) JIRA
2 44 (4.33%) Selenium
3 43 (4.23%) TeamCity
4 31 (3.05%) SpecFlow
5 26 (2.56%) Jenkins
5 26 (2.56%) Maven
6 25 (2.46%) Git (software)
7 19 (1.87%) WebDriver
8 18 (1.77%) Octopus Deploy
9 17 (1.67%) MSBuild
10 14 (1.38%) Visual Studio
11 13 (1.28%) Cucumber
12 12 (1.18%) JUnit
13 11 (1.08%) Hudson
13 11 (1.08%) Mockito
13 11 (1.08%) Moq
14 10 (0.98%) Team Foundation Server
15 9 (0.89%) TestComplete
16 8 (0.79%) Atlassian Bamboo
16 8 (0.79%) Jasmine
General
1 486 (47.83%) Finance
2 435 (42.81%) Front Office
3 407 (40.06%) Banking
4 130 (12.80%) Investment Banking
5 49 (4.82%) Back Office
6 29 (2.85%) Financial Institution
7 13 (1.28%) Games
8 8 (0.79%) Legal
9 6 (0.59%) Marketing
10 5 (0.49%) General Ledger
10 5 (0.49%) Retail Banking
11 3 (0.30%) Billing
11 3 (0.30%) Corporate Banking
11 3 (0.30%) International Banking
11 3 (0.30%) Retail
12 2 (0.20%) Advertising
12 2 (0.20%) Spanish Language
13 1 (0.098%) French Language
13 1 (0.098%) Greek Language
13 1 (0.098%) Prime Brokerage
Job Titles
1 617 (60.73%) Developer
2 242 (23.82%) Java Developer
3 156 (15.35%) Analyst
4 130 (12.80%) C# Developer
5 98 (9.65%) Senior Developer
6 94 (9.25%) Business Analyst
7 93 (9.15%) Electronic Trading Developer
8 87 (8.56%) Python Developer
9 79 (7.78%) Front Office Developer
10 75 (7.38%) C++ Developer
11 58 (5.71%) Senior Java Developer
12 57 (5.61%) Quantitative Developer
13 42 (4.13%) Electronic Trading Java Developer
14 38 (3.74%) Low Latency Java Developer
15 34 (3.35%) .NET Developer
16 33 (3.25%) Banking Analyst
17 32 (3.15%) Software Engineer
17 32 (3.15%) Support Analyst
18 30 (2.95%) FX Business Analyst
19 29 (2.85%) WPF Developer
Libraries, Frameworks & Software Standards
1 129 (12.70%) .NET
2 81 (7.97%) HTML
3 58 (5.71%) Web Services
4 56 (5.51%) FIX Protocol
5 53 (5.22%) HTML5
5 53 (5.22%) WPF
6 51 (5.02%) React
7 47 (4.63%) AngularJS
8 44 (4.33%) Spring
9 43 (4.23%) NumPy
9 43 (4.23%) Pandas
10 42 (4.13%) PySpark
11 41 (4.04%) Rendezvous
12 36 (3.54%) CSS
13 35 (3.44%) JMS
14 33 (3.25%) REST
15 29 (2.85%) Middleware
15 29 (2.85%) TIBCO EMS
16 28 (2.76%) WCF
17 27 (2.66%) ActiveMQ
Miscellaneous
1 195 (19.19%) Derivative
2 175 (17.22%) Equities
2 175 (17.22%) Fixed Income
3 73 (7.19%) Analytical Skills
4 67 (6.59%) Greenfield Project
5 37 (3.64%) Hedge funds
6 31 (3.05%) Fintech
7 29 (2.85%) Market Risk
8 27 (2.66%) Computer Science
9 26 (2.56%) User Experience
10 20 (1.97%) Data Structures
10 20 (1.97%) Equity Derivative
11 19 (1.87%) Algorithms
11 19 (1.87%) Exotic Derivative
12 18 (1.77%) Interest Rate Derivative
13 17 (1.67%) OTC Derivatives
14 15 (1.48%) Grid Computing
15 13 (1.28%) SWIFT
16 11 (1.08%) Self-Motivation
17 10 (0.98%) Equity Risk
Operating Systems
1 123 (12.11%) Linux
2 90 (8.86%) Unix
3 52 (5.12%) Windows
4 16 (1.57%) Red Hat Enterprise Linux
5 14 (1.38%) Windows Server
6 8 (0.79%) Solaris
7 7 (0.69%) Windows Server 2012
8 2 (0.20%) Android
9 1 (0.098%) Windows 10
Processes & Methodologies
1 263 (25.89%) Agile Software Development
2 217 (21.36%) Low Latency
3 193 (19.00%) Multithreading
4 189 (18.60%) Electronic Trading
5 118 (11.61%) Risk Management
6 107 (10.53%) OO
7 101 (9.94%) TDD
8 88 (8.66%) Microservices
9 77 (7.58%) Test Automation
10 72 (7.09%) Unit Testing
11 71 (6.99%) Asset Management
12 64 (6.30%) Algorithmic Trading
13 61 (6.00%) Scrum
14 60 (5.91%) SDLC
14 60 (5.91%) Software Engineering
15 57 (5.61%) Analytics
15 57 (5.61%) DevOps
16 55 (5.41%) BDD
16 55 (5.41%) Continuous Integration
17 53 (5.22%) Problem-Solving
Programming Languages
1 342 (33.66%) Java
2 228 (22.44%) C#
3 217 (21.36%) SQL
4 189 (18.60%) Python
5 129 (12.70%) C++
6 104 (10.24%) JavaScript
7 47 (4.63%) Java 8
8 30 (2.95%) PowerShell
9 26 (2.56%) Bash Shell
10 25 (2.46%) Perl
11 22 (2.17%) Scala
12 18 (1.77%) PL/SQL
12 18 (1.77%) TypeScript
13 14 (1.38%) Shell Script
14 11 (1.08%) VBA
14 11 (1.08%) XAML
15 7 (0.69%) C
16 6 (0.59%) ES6
16 6 (0.59%) RPG
17 5 (0.49%) R
Qualifications
1 59 (5.81%) Degree
2 14 (1.38%) PhD
3 11 (1.08%) Computer Science Degree
4 4 (0.39%) GIAC
4 4 (0.39%) Master's Degree
4 4 (0.39%) Numerate Degree
5 3 (0.30%) ISEB
5 3 (0.30%) SC Cleared
5 3 (0.30%) Security Cleared
6 2 (0.20%) ISTQB
7 1 (0.098%) PMI Certification
7 1 (0.098%) PMP
7 1 (0.098%) SAP Certification
7 1 (0.098%) Sun Certification
7 1 (0.098%) TOGAF Certification
Quality Assurance & Compliance
1 63 (6.20%) QA
2 18 (1.77%) MiFID
3 10 (0.98%) EMIR
4 6 (0.59%) PMO
5 5 (0.49%) IFRS
6 4 (0.39%) Dodd-Frank
7 1 (0.098%) Data Quality
7 1 (0.098%) FINREP
7 1 (0.098%) FRS 29
7 1 (0.098%) GDPR
7 1 (0.098%) ISO 20022
7 1 (0.098%) SLA
System Software
1 36 (3.54%) Docker
2 5 (0.49%) Active Directory
3 1 (0.098%) VMware Infrastructure
Systems Management
1 15 (1.48%) Kubernetes
2 10 (0.98%) Ansible
2 10 (0.98%) HP ALM
3 8 (0.79%) Control-M
3 8 (0.79%) Terraform
4 7 (0.69%) Docker Swarm
5 4 (0.39%) ITRS Geneos
5 4 (0.39%) Opscode Chef
6 3 (0.30%) HP Quality Center
7 2 (0.20%) Kibana
7 2 (0.20%) logstash
7 2 (0.20%) Nagios
7 2 (0.20%) SCCM
7 2 (0.20%) ZABBIX
8 1 (0.098%) BladeLogic
8 1 (0.098%) CA Spectrum
8 1 (0.098%) Puppet
Vendors
1 98 (9.65%) Oracle
2 65 (6.40%) TIBCO
3 42 (4.13%) Splunk
4 39 (3.84%) Microsoft
5 35 (3.44%) Bloomberg
6 23 (2.26%) Murex
7 19 (1.87%) Reuters
8 18 (1.77%) Sybase
9 17 (1.67%) FXall
10 15 (1.48%) SAP
11 13 (1.28%) Calypso
11 13 (1.28%) Charles River
12 12 (1.18%) Currenex
12 12 (1.18%) ION Trading
13 10 (0.98%) Red Hat
14 9 (0.89%) Cisco
14 9 (0.89%) HP
14 9 (0.89%) Solace
14 9 (0.89%) Sun
15 7 (0.69%) VMware