Period
to 27 October 2021

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 27 October 2021 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
27 Oct 2021
Same period 2020 Same period 2019
Rank 272 143 351
Rank change year-on-year -129 +208 -94
Contract jobs citing Foreign Exchange (FX) 838 610 608
As % of all contract jobs advertised in the UK 0.98% 1.88% 0.72%
As % of the Miscellaneous category 3.31% 5.98% 2.51%
Number of daily rates quoted 694 491 413
10th Percentile £500 £475 £413
25th Percentile £575 £542 £513
Median daily rate (50th Percentile) £680 £650 £600
Median % change year-on-year +4.62% +8.33% -
75th Percentile £775 £794 £738
90th Percentile £836 £825 £794
UK excluding London median daily rate £550 £563 £463
% change year-on-year -2.22% +21.62% +23.33%
Number of hourly rates quoted 0 1 5
Median hourly rate - £14.00 £21.00
Median % change year-on-year - -33.33% -61.82%
UK excluding London median hourly rate - £14.00 £40.00
% change year-on-year - -65.00% -11.11%

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 25,353 10,194 24,254
As % of all contract IT jobs advertised in the UK 29.74% 31.49% 28.76%
Number of daily rates quoted 17,832 6,955 15,977
10th Percentile £305 £263 £265
25th Percentile £413 £369 £369
Median daily rate (50th Percentile) £525 £480 £475
Median % change year-on-year +9.38% +1.05% -
75th Percentile £630 £600 £575
90th Percentile £725 £713 £675
UK excluding London median daily rate £450 £425 £425
% change year-on-year +5.88% - -
Number of hourly rates quoted 693 342 867
10th Percentile £12.00 £12.00 £11.78
25th Percentile £15.00 £16.00 £14.28
Median hourly rate £24.06 £25.17 £20.50
Median % change year-on-year -4.39% +22.76% +2.50%
75th Percentile £48.75 £45.00 £46.00
90th Percentile £64.75 £57.45 £53.75
UK excluding London median hourly rate £20.00 £23.00 £19.03
% change year-on-year -13.04% +20.86% +0.16%

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 27 October 2021.

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 7 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 27 October 2021. 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 -119 807 £688 +5.77% 142
London -66 800 £690 +6.15% 132
Work from Home -147 124 £600 -7.69% 22
UK excluding London -165 12 £550 -2.22% 10
Channel Islands - 5 £550 -
Scotland - 4 £493 -
South East -77 3 £550 +4.76% 4

For the 6 months to 27 October 2021, 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).

1 476 (56.80%) Java
2 452 (53.94%) Front Office
3 437 (52.15%) Finance
4 372 (44.39%) Banking
5 310 (36.99%) Agile Software Development
6 290 (34.61%) Fixed Income
7 278 (33.17%) Derivative
8 254 (30.31%) Investment Banking
9 253 (30.19%) SQL
10 221 (26.37%) Multithreading
11 220 (26.25%) Equities
12 218 (26.01%) Social Skills
13 208 (24.82%) C#
14 203 (24.22%) JavaScript
15 198 (23.63%) Python
15 198 (23.63%) Electronic Trading
16 184 (21.96%) Software Engineering
17 179 (21.36%) React
18 178 (21.24%) Low Latency
19 167 (19.93%) TypeScript
20 150 (17.90%) C++
21 148 (17.66%) Full Stack Development
22 138 (16.47%) AWS
23 127 (15.16%) Asset Management
23 127 (15.16%) Analytical Skills
24 122 (14.56%) .NET
25 110 (13.13%) AngularJS
26 100 (11.93%) Oracle
27 94 (11.22%) Data Structures
28 93 (11.10%) Analytics

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 36 (4.30%) Apache
2 24 (2.86%) Apache Airflow
3 14 (1.67%) WebSphere
4 12 (1.43%) Oracle Coherence
5 10 (1.19%) Apache Spark
6 6 (0.72%) Confluence
7 4 (0.48%) Elasticsearch
8 3 (0.36%) Jupyter
8 3 (0.36%) MQSeries
9 1 (0.12%) IBM HTTP Server
9 1 (0.12%) JBoss
9 1 (0.12%) Jetty
9 1 (0.12%) Oracle Workflow
9 1 (0.12%) SharePoint
9 1 (0.12%) Tomcat
9 1 (0.12%) WebLogic
Applications
1 28 (3.34%) Microsoft Excel
2 12 (1.43%) Microsoft Project
3 11 (1.31%) Spreadsheet
4 4 (0.48%) Microsoft PowerPoint
5 2 (0.24%) Microsoft Office
6 1 (0.12%) LaTeX
6 1 (0.12%) MS Visio
Business Applications
1 14 (1.67%) Orchestrade
2 7 (0.84%) BusinessWorks
3 6 (0.72%) SAP FI
3 6 (0.72%) SAP S/4HANA
4 5 (0.60%) RMDS
5 2 (0.24%) FINCAD Analytics
5 2 (0.24%) Oracle FAH
5 2 (0.24%) Oracle General Ledger
5 2 (0.24%) Oracle Subledger Accounting
5 2 (0.24%) SimCorp Dimension
6 1 (0.12%) SAP BPC
6 1 (0.12%) SAP ERP
6 1 (0.12%) SAP FSCM
6 1 (0.12%) Temenos T24
Cloud Services
1 138 (16.47%) AWS
2 82 (9.79%) Azure
3 56 (6.68%) Amazon S3
4 55 (6.56%) Amazon EC2
5 54 (6.44%) AWS Lambda
5 54 (6.44%) GCP
5 54 (6.44%) Serverless
6 8 (0.95%) Cloud Computing
7 7 (0.84%) OpenShift
8 5 (0.60%) AWS CloudFormation
8 5 (0.60%) npm
8 5 (0.60%) Yarn
9 2 (0.24%) Power Platform
10 1 (0.12%) Amazon EMR
10 1 (0.12%) Amazon Kinesis
10 1 (0.12%) Amazon SQS
10 1 (0.12%) Apigee
10 1 (0.12%) PowerApps
Communications & Networking
1 31 (3.70%) TCP/IP
2 25 (2.98%) RTMP
2 25 (2.98%) SSL
3 13 (1.55%) BGP
4 12 (1.43%) Firewall
4 12 (1.43%) HTTP
4 12 (1.43%) Multicast
5 6 (0.72%) OSPF
6 5 (0.60%) Diameter Protocol
6 5 (0.60%) MVNO
6 5 (0.60%) SIGTRAN
6 5 (0.60%) Spanning Tree
6 5 (0.60%) VLAN
6 5 (0.60%) VRRP
7 3 (0.36%) FIX Connectivity
7 3 (0.36%) Internet
8 1 (0.12%) IPv4
8 1 (0.12%) IPv6
8 1 (0.12%) MPLS
8 1 (0.12%) VPN
Database & Business Intelligence
1 54 (6.44%) Amazon DynamoDB
2 53 (6.32%) Relational Database
3 47 (5.61%) Hazelcast
4 46 (5.49%) SQL Server
5 36 (4.30%) Apache Ignite
6 26 (3.10%) Redis
7 23 (2.74%) Amazon Athena
7 23 (2.74%) Data Mart
8 13 (1.55%) KDB
9 11 (1.31%) Big Data
9 11 (1.31%) RDBMS
10 6 (0.72%) NoSQL
11 5 (0.60%) Apache Hive
11 5 (0.60%) HBase
11 5 (0.60%) MongoDB
12 4 (0.48%) Impala
13 3 (0.36%) Apache Cassandra
13 3 (0.36%) Data Warehouse
13 3 (0.36%) Hadoop
13 3 (0.36%) SQL Server Analysis Services
Development Applications
1 74 (8.83%) Git (software)
2 49 (5.85%) JIRA
3 34 (4.06%) Maven
4 32 (3.82%) Jenkins
5 23 (2.74%) Subversion
6 20 (2.39%) TeamCity
7 12 (1.43%) Octopus Deploy
8 10 (1.19%) Bitbucket
9 7 (0.84%) Artifactory
10 6 (0.72%) Visual Studio
11 5 (0.60%) Browser DevTools
11 5 (0.60%) IntelliJ
11 5 (0.60%) Storybook
11 5 (0.60%) webpack
12 4 (0.48%) Atlassian Bamboo
12 4 (0.48%) GitLab
12 4 (0.48%) JUnit
13 3 (0.36%) git-flow
13 3 (0.36%) Gradle
14 2 (0.24%) CMake
General
1 452 (53.94%) Front Office
2 437 (52.15%) Finance
3 372 (44.39%) Banking
4 254 (30.31%) Investment Banking
5 218 (26.01%) Social Skills
6 127 (15.16%) Analytical Skills
7 30 (3.58%) Back Office
8 15 (1.79%) French Language
9 14 (1.67%) Organisational Skills
9 14 (1.67%) Presentation Skills
10 13 (1.55%) Marketing
11 12 (1.43%) Legal
12 10 (1.19%) Influencing Skills
13 6 (0.72%) General Ledger
13 6 (0.72%) Inclusion and Diversity
13 6 (0.72%) Retail Banking
14 5 (0.60%) Billing
14 5 (0.60%) Financial Institution
15 4 (0.48%) Prime Brokerage
16 3 (0.36%) Wholesale Banking
Job Titles
1 569 (67.90%) Developer
2 249 (29.71%) Java Developer
3 102 (12.17%) Senior Developer
4 93 (11.10%) Analyst
5 90 (10.74%) C# Developer
5 90 (10.74%) Front Office Developer
6 88 (10.50%) Python Developer
7 87 (10.38%) Software Engineer
8 83 (9.90%) Developer/Software Engineer
9 81 (9.67%) JavaScript Developer
10 80 (9.55%) Senior Java Developer
11 69 (8.23%) Business Analyst
12 67 (8.00%) Python Engineer
13 66 (7.88%) React Developer
14 60 (7.16%) Investment Banking Java Developer
14 60 (7.16%) Python Software Engineer
15 57 (6.80%) Electronic Trading Developer
16 54 (6.44%) Electronic Trading Java Developer
17 52 (6.21%) Consultant
17 52 (6.21%) Lead Developer
Libraries, Frameworks & Software Standards
1 179 (21.36%) React
2 122 (14.56%) .NET
3 110 (13.13%) AngularJS
4 90 (10.74%) HTML
5 86 (10.26%) Web Services
6 74 (8.83%) HTML5
7 73 (8.71%) Spring
8 67 (8.00%) Node.js
9 65 (7.76%) RESTful
10 61 (7.28%) Middleware
10 61 (7.28%) Spring Boot
11 59 (7.04%) WPF
12 58 (6.92%) Rendezvous
13 55 (6.56%) Vue.js
14 39 (4.65%) FIX Protocol
15 38 (4.53%) CSS
16 36 (4.30%) Reactive Extensions
17 32 (3.82%) Kafka
18 29 (3.46%) GraphQL
19 27 (3.22%) .NET Core
Miscellaneous
1 290 (34.61%) Fixed Income
2 278 (33.17%) Derivative
3 220 (26.25%) Equities
4 94 (11.22%) Data Structures
5 79 (9.43%) Algorithms
6 73 (8.71%) Hedge funds
7 42 (5.01%) Credit Risk
8 29 (3.46%) Credit Derivative
9 26 (3.10%) Legacy Systems
9 26 (3.10%) User Experience
10 25 (2.98%) Data Protection Act
10 25 (2.98%) Market Risk
11 21 (2.51%) Enterprise Software
11 21 (2.51%) Greenfield Project
12 20 (2.39%) Legacy Applications
12 20 (2.39%) Self-Motivation
13 16 (1.91%) Equity Derivative
14 12 (1.43%) Reference Data
15 9 (1.07%) Analytical Mindset
16 8 (0.95%) Virtual Team
Operating Systems
1 91 (10.86%) Linux
2 65 (7.76%) Unix
3 25 (2.98%) Windows
4 7 (0.84%) Red Hat Enterprise Linux
5 1 (0.12%) Solaris
Processes & Methodologies
1 310 (36.99%) Agile Software Development
2 221 (26.37%) Multithreading
3 198 (23.63%) Electronic Trading
4 184 (21.96%) Software Engineering
5 178 (21.24%) Low Latency
6 148 (17.66%) Full Stack Development
7 127 (15.16%) Asset Management
8 93 (11.10%) Analytics
9 79 (9.43%) DevOps
10 76 (9.07%) Performance Tuning
11 75 (8.95%) OO
11 75 (8.95%) Scrum
11 75 (8.95%) TDD
12 73 (8.71%) Algorithmic Trading
12 73 (8.71%) Problem-Solving
13 68 (8.11%) Investment Management
14 57 (6.80%) OOD
15 56 (6.68%) Multithreaded Programming
16 54 (6.44%) Continuous Improvement
17 49 (5.85%) Unit Testing
Programming Languages
1 476 (56.80%) Java
2 253 (30.19%) SQL
3 208 (24.82%) C#
4 203 (24.22%) JavaScript
5 198 (23.63%) Python
6 167 (19.93%) TypeScript
7 150 (17.90%) C++
8 89 (10.62%) Kotlin
9 65 (7.76%) Java 8
10 60 (7.16%) Scala
11 38 (4.53%) PL/SQL
12 29 (3.46%) Java 9
13 26 (3.10%) Haskell
14 25 (2.98%) XAML
15 19 (2.27%) Perl
16 18 (2.15%) Java 11
17 6 (0.72%) VBA
18 4 (0.48%) Bash Shell
18 4 (0.48%) Go
18 4 (0.48%) Shell Script
Qualifications
1 68 (8.11%) Degree
2 16 (1.91%) Computer Science Degree
3 13 (1.55%) PhD
4 4 (0.48%) Master's Degree
4 4 (0.48%) Numerate Degree
5 2 (0.24%) CFA
6 1 (0.12%) ACCA
6 1 (0.12%) CCNP
6 1 (0.12%) CIMA
6 1 (0.12%) Cisco Certification
6 1 (0.12%) ISTQB
6 1 (0.12%) MBA
6 1 (0.12%) SAP Certification
Quality Assurance & Compliance
1 28 (3.34%) QA
2 21 (2.51%) MiFID
3 10 (1.19%) Data Quality
4 8 (0.95%) IFRS
5 5 (0.60%) EMIR
6 3 (0.36%) Dodd-Frank
6 3 (0.36%) FRS 29
6 3 (0.36%) IFRS 9
6 3 (0.36%) PMO
7 2 (0.24%) Basel III
7 2 (0.24%) FATCA
7 2 (0.24%) GDPR
7 2 (0.24%) ISO 20022
7 2 (0.24%) SLA
8 1 (0.12%) GAAP
8 1 (0.12%) PSD2
8 1 (0.12%) SEPA
System Software
1 52 (6.21%) Docker
2 5 (0.60%) HDFS
3 2 (0.24%) Apache ZooKeeper
Systems Management
1 36 (4.30%) Kubernetes
2 31 (3.70%) Terraform
3 22 (2.63%) Ansible
4 9 (1.07%) Puppet
5 7 (0.84%) BladeLogic
6 6 (0.72%) ITRS Geneos
6 6 (0.72%) Opscode Chef
7 5 (0.60%) Oozie
8 2 (0.24%) HP Quality Center
8 2 (0.24%) Istio
9 1 (0.12%) Hadoop YARN
9 1 (0.12%) HP ALM
9 1 (0.12%) Single Sign-On
Vendors
1 100 (11.93%) Oracle
2 58 (6.92%) TIBCO
3 50 (5.97%) Microsoft
3 50 (5.97%) Murex
4 30 (3.58%) ION Trading
5 22 (2.63%) Solace
6 15 (1.79%) Sun
7 13 (1.55%) Sybase
8 12 (1.43%) Bloomberg
8 12 (1.43%) Currenex
9 11 (1.31%) SAP
10 7 (0.84%) BMC
10 7 (0.84%) Google
10 7 (0.84%) Red Hat
10 7 (0.84%) Refinitiv
11 6 (0.72%) FXall
11 6 (0.72%) Reuters
12 5 (0.60%) IBM
13 4 (0.48%) Salesforce.com
14 2 (0.24%) Charles River