Period
to 22 January 2019

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 2019 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 2019
Same period 2018 Same period 2017
Rank 287 183 258
Rank change year-on-year -104 +75 -7
Contract jobs citing Foreign Exchange (FX) 903 1,458 961
As % of all contract IT jobs advertised in the UK 0.91% 1.46% 1.01%
As % of the Miscellaneous category 2.74% 4.37% 3.06%
Number of daily rates quoted 710 1,179 726
UK median daily rate £600 £630 £600
Median daily rate % change year-on-year -4.76% +5.00% +4.35%
10th Percentile £413 £463 £425
90th Percentile £775 £800 £725
UK excluding London median daily rate £340 £325 £375
% change year-on-year +4.62% -13.33% -37.50%
Number of hourly rates quoted 1 1 0
UK median hourly rate £65.00 £45.00 -
Median hourly rate % change year-on-year +44.44% - -
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 32,927 33,339 31,400
As % of all contract IT jobs advertised in the UK 33.04% 33.47% 32.94%
Number of daily rates quoted 21,687 22,285 20,436
UK median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.56% +5.88% +0.59%
10th Percentile £280 £263 £250
90th Percentile £650 £650 £625
UK excluding London median daily rate £425 £400 £390
% change year-on-year +6.25% +2.56% +3.59%
Number of hourly rates quoted 992 965 1,114
UK median hourly rate £20.25 £20.66 £20.00
Median hourly rate % change year-on-year -1.96% +3.28% -
10th Percentile £12.00 £11.25 £11.32
90th Percentile £48.75 £48.00 £47.50
UK excluding London median hourly rate £20.00 £20.00 £19.50
% change year-on-year - +2.56% -

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 2019.

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 22 January 2019. 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 -103 871 £600 -7.69% 168
London -64 839 £600 -7.69% 152
UK excluding London -25 58 £340 +4.62% 19
Scotland -1 17 £325 -33.28% 1
South East -2 12 £525 +6.60% 7
Northern Ireland +12 11 £321 +1.75% 2
South West -25 6 £283 -9.60% 2
Midlands +7 4 £414 -2.65% 1
East of England +12 3 £431 -17.86% 4
North West -5 3 £413 -17.50% 1
North of England -15 3 £413 -17.50% 2
Channel Islands -1 2 - -
West Midlands -20 2 £414 -2.65% 1
East Midlands - 2 - -

For the 6 months to 22 January 2019, 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).

1 481 (53.27%) Finance
2 370 (40.97%) Banking
3 334 (36.99%) Front Office
4 320 (35.44%) Java
5 232 (25.69%) Agile Software Development
6 202 (22.37%) Python
7 201 (22.26%) Derivative
8 193 (21.37%) SQL
9 180 (19.93%) C#
10 168 (18.60%) Low Latency
11 165 (18.27%) Multithreading
12 154 (17.05%) Electronic Trading
12 154 (17.05%) Equities
13 150 (16.61%) Fixed Income
14 106 (11.74%) .NET
15 98 (10.85%) Investment Banking
15 98 (10.85%) C++
16 94 (10.41%) Risk Management
17 90 (9.97%) OO
17 90 (9.97%) TDD
18 88 (9.75%) Microservices
19 87 (9.63%) JavaScript
20 82 (9.08%) HTML
20 82 (9.08%) Test Automation
21 78 (8.64%) QA
22 74 (8.19%) JIRA
22 74 (8.19%) Oracle
22 74 (8.19%) Unix
22 74 (8.19%) Linux
23 73 (8.08%) Asset Management

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 65 (7.20%) Apache Spark
2 60 (6.64%) Elasticsearch
3 12 (1.33%) Confluence
4 9 (1.00%) Apache
4 9 (1.00%) Oracle Coherence
5 7 (0.78%) Cloud Foundry
6 6 (0.66%) NServiceBus
7 5 (0.55%) IIS
8 4 (0.44%) DataSynapse
9 3 (0.33%) CMS
9 3 (0.33%) JBoss
9 3 (0.33%) MQSeries
10 2 (0.22%) CICS
10 2 (0.22%) Mule
10 2 (0.22%) SharePoint
11 1 (0.11%) Jupyter
11 1 (0.11%) MS Exchange
11 1 (0.11%) WebLogic
Applications
1 18 (1.99%) Microsoft Excel
2 4 (0.44%) MS Visio
3 3 (0.33%) Maya
4 2 (0.22%) Autodesk Smoke
4 2 (0.22%) Houdini
4 2 (0.22%) Microsoft Office
4 2 (0.22%) Microsoft PowerPoint
4 2 (0.22%) NUKE
4 2 (0.22%) Spreadsheet
5 1 (0.11%) Adobe Captivate
5 1 (0.11%) Microsoft Project
Business Applications
1 10 (1.11%) Markit EDM
2 9 (1.00%) ION MarketView
2 9 (1.00%) PolarLake
3 6 (0.66%) SAP FI
3 6 (0.66%) thinkFolio
4 5 (0.55%) Kondor
5 3 (0.33%) Bloomberg AIM
5 3 (0.33%) HFM
5 3 (0.33%) SAP BPC
5 3 (0.33%) SAP CO
6 2 (0.22%) BusinessWorks
6 2 (0.22%) Distributed Ledger
6 2 (0.22%) Eagle PACE
6 2 (0.22%) Payment Gateway
6 2 (0.22%) SAP FI/CO
7 1 (0.11%) MultiFonds
7 1 (0.11%) SAP FI-AA
7 1 (0.11%) SAP FI-FM
7 1 (0.11%) SAP MM
7 1 (0.11%) SAP PS
Cloud Services
1 49 (5.43%) Amazon AWS
2 17 (1.88%) PaaS
3 16 (1.77%) GitHub
4 13 (1.44%) Microsoft Azure
5 6 (0.66%) Google Cloud Platform
6 5 (0.55%) Cloud Computing
6 5 (0.55%) IaaS
6 5 (0.55%) SaaS
7 3 (0.33%) AWS Lambda
7 3 (0.33%) npm
7 3 (0.33%) Office 365
7 3 (0.33%) Serverless
8 2 (0.22%) Amazon EMR
8 2 (0.22%) Amazon S3
9 1 (0.11%) AWS CloudFormation
Communications & Networking
1 7 (0.78%) SSL
1 7 (0.78%) TCP/IP
2 5 (0.55%) Firewall
3 3 (0.33%) BGP
3 3 (0.33%) Cisco ASA
3 3 (0.33%) Cisco IOS
3 3 (0.33%) EIGRP
3 3 (0.33%) F5 BIG-IP LTM
3 3 (0.33%) HSRP
3 3 (0.33%) HTTP
3 3 (0.33%) IPsec
3 3 (0.33%) Multicast
3 3 (0.33%) Network Security
3 3 (0.33%) NX-OS
3 3 (0.33%) Sourcefire
3 3 (0.33%) VRRP
3 3 (0.33%) Wireshark
4 2 (0.22%) FIX Connectivity
4 2 (0.22%) Internet
4 2 (0.22%) NetScaler
Database & Business Intelligence
1 67 (7.42%) SQL Server
2 33 (3.65%) KDB
3 20 (2.21%) Relational Database
4 16 (1.77%) Big Data
5 14 (1.55%) Hazelcast
6 13 (1.44%) NoSQL
7 10 (1.11%) SQL Server 2008
8 9 (1.00%) SQL Server 2014
9 8 (0.89%) Apache Ignite
10 6 (0.66%) Kdb+
10 6 (0.66%) MongoDB
11 5 (0.55%) Data Mart
11 5 (0.55%) RDBMS
11 5 (0.55%) Riak
12 4 (0.44%) Blockchain
12 4 (0.44%) Hadoop
12 4 (0.44%) MySQL
12 4 (0.44%) SQL Server Integration Services
13 3 (0.33%) Apache Cassandra
13 3 (0.33%) Data Lake
Development Applications
1 74 (8.19%) JIRA
2 40 (4.43%) Selenium
2 40 (4.43%) TeamCity
3 34 (3.77%) Jenkins
4 26 (2.88%) Git (software)
5 24 (2.66%) SpecFlow
6 19 (2.10%) Maven
7 17 (1.88%) MSBuild
7 17 (1.88%) Octopus Deploy
7 17 (1.88%) WebDriver
8 14 (1.55%) Cucumber
8 14 (1.55%) Visual Studio
9 11 (1.22%) TestComplete
10 10 (1.11%) Hudson
11 9 (1.00%) Team Foundation Server
12 8 (0.89%) GitLab
12 8 (0.89%) Jasmine
12 8 (0.89%) Mockito
12 8 (0.89%) Moq
13 7 (0.78%) JUnit
General
1 481 (53.27%) Finance
2 370 (40.97%) Banking
3 334 (36.99%) Front Office
4 98 (10.85%) Investment Banking
5 33 (3.65%) Back Office
6 22 (2.44%) Financial Institution
7 9 (1.00%) Games
8 6 (0.66%) Retail
9 5 (0.55%) Legal
9 5 (0.55%) Marketing
9 5 (0.55%) Retail Banking
10 4 (0.44%) General Ledger
11 3 (0.33%) Corporate Banking
11 3 (0.33%) Law
11 3 (0.33%) Prime Brokerage
11 3 (0.33%) Wholesale Banking
12 2 (0.22%) International Banking
12 2 (0.22%) Spanish Language
13 1 (0.11%) French Language
13 1 (0.11%) Greek Language
Job Titles
1 543 (60.13%) Developer
2 222 (24.58%) Java Developer
3 131 (14.51%) Analyst
4 106 (11.74%) Python Developer
5 97 (10.74%) C# Developer
6 84 (9.30%) Electronic Trading Developer
7 70 (7.75%) Senior Developer
8 67 (7.42%) Business Analyst
9 60 (6.64%) Front Office Developer
10 50 (5.54%) Quantitative Developer
11 49 (5.43%) C++ Developer
12 46 (5.09%) Electronic Trading Java Developer
12 46 (5.09%) Senior Java Developer
13 35 (3.88%) Low Latency Java Developer
13 35 (3.88%) Software Engineer
14 27 (2.99%) .NET Developer
14 27 (2.99%) WPF Developer
15 26 (2.88%) Test Analyst
16 25 (2.77%) Full Stack Developer
17 24 (2.66%) Architect
Libraries, Frameworks & Software Standards
1 106 (11.74%) .NET
2 82 (9.08%) HTML
3 61 (6.76%) NumPy
3 61 (6.76%) Pandas
4 60 (6.64%) PySpark
5 58 (6.42%) HTML5
6 53 (5.87%) React
7 50 (5.54%) Web Services
8 49 (5.43%) Spring
9 41 (4.54%) WPF
10 33 (3.65%) FIX Protocol
11 32 (3.54%) AngularJS
11 32 (3.54%) CSS
12 29 (3.21%) REST
13 26 (2.88%) Node.js
14 25 (2.77%) ActiveMQ
15 19 (2.10%) JMS
15 19 (2.10%) Rendezvous
15 19 (2.10%) RESTful
16 18 (1.99%) ASP.NET
Miscellaneous
1 201 (22.26%) Derivative
2 154 (17.05%) Equities
3 150 (16.61%) Fixed Income
4 72 (7.97%) Analytical Skills
5 64 (7.09%) Greenfield Project
6 41 (4.54%) Hedge funds
7 39 (4.32%) User Experience
8 27 (2.99%) Fintech
8 27 (2.99%) Market Risk
9 20 (2.21%) Exotic Derivative
10 18 (1.99%) Data Structures
10 18 (1.99%) Equity Derivative
11 17 (1.88%) Algorithms
12 16 (1.77%) OTC Derivatives
13 14 (1.55%) Credit Risk
13 14 (1.55%) SWIFT
14 12 (1.33%) Self-Motivation
15 11 (1.22%) Equity Risk
15 11 (1.22%) Interest Rate Derivative
16 10 (1.11%) Grid Computing
Operating Systems
1 74 (8.19%) Linux
1 74 (8.19%) Unix
2 33 (3.65%) Windows
3 10 (1.11%) Windows Server
4 7 (0.78%) Red Hat Enterprise Linux
5 6 (0.66%) Solaris
6 5 (0.55%) Windows Server 2012
7 1 (0.11%) Windows 10
Processes & Methodologies
1 232 (25.69%) Agile Software Development
2 168 (18.60%) Low Latency
3 165 (18.27%) Multithreading
4 154 (17.05%) Electronic Trading
5 94 (10.41%) Risk Management
6 90 (9.97%) OO
6 90 (9.97%) TDD
7 88 (9.75%) Microservices
8 82 (9.08%) Test Automation
9 73 (8.08%) Asset Management
10 67 (7.42%) SDLC
11 59 (6.53%) BDD
11 59 (6.53%) Software Engineering
12 57 (6.31%) Algorithmic Trading
12 57 (6.31%) Unit Testing
13 56 (6.20%) Analytics
13 56 (6.20%) Scrum
14 53 (5.87%) Continuous Integration
14 53 (5.87%) DevOps
15 51 (5.65%) Problem-Solving
Programming Languages
1 320 (35.44%) Java
2 202 (22.37%) Python
3 193 (21.37%) SQL
4 180 (19.93%) C#
5 98 (10.85%) C++
6 87 (9.63%) JavaScript
7 59 (6.53%) Java 8
8 24 (2.66%) PowerShell
9 21 (2.33%) Perl
10 18 (1.99%) PL/SQL
11 16 (1.77%) Bash Shell
12 14 (1.55%) Scala
13 13 (1.44%) TypeScript
14 12 (1.33%) VBA
15 10 (1.11%) Shell Script
15 10 (1.11%) XAML
16 9 (1.00%) C
17 8 (0.89%) R
18 5 (0.55%) Ada
18 5 (0.55%) RPG
Qualifications
1 52 (5.76%) Degree
2 15 (1.66%) PhD
3 13 (1.44%) Computer Science Degree
4 4 (0.44%) Master's Degree
5 3 (0.33%) GIAC
6 2 (0.22%) CFA
6 2 (0.22%) ISEB
6 2 (0.22%) ISTQB
6 2 (0.22%) Numerate Degree
7 1 (0.11%) PMP
7 1 (0.11%) SAP Certification
7 1 (0.11%) SC Cleared
7 1 (0.11%) Security Cleared
7 1 (0.11%) TOGAF Certification
Quality Assurance & Compliance
1 78 (8.64%) QA
2 12 (1.33%) MiFID
3 9 (1.00%) PMO
4 6 (0.66%) EMIR
5 5 (0.55%) IFRS
6 3 (0.33%) Data Quality
6 3 (0.33%) Dodd-Frank
7 1 (0.11%) FINREP
7 1 (0.11%) FRS 29
7 1 (0.11%) GDPR
7 1 (0.11%) ISO 20022
System Software
1 32 (3.54%) Docker
2 2 (0.22%) VMware Infrastructure
2 2 (0.22%) XenDesktop
3 1 (0.11%) Active Directory
Systems Management
1 18 (1.99%) Kubernetes
2 13 (1.44%) HP ALM
3 8 (0.89%) Ansible
4 7 (0.78%) Terraform
5 5 (0.55%) Control-M
5 5 (0.55%) Docker Swarm
6 4 (0.44%) ITRS Geneos
6 4 (0.44%) Opscode Chef
7 2 (0.22%) HP Quality Center
7 2 (0.22%) vCenter Server
8 1 (0.11%) CA Spectrum
8 1 (0.11%) SCCM
Vendors
1 74 (8.19%) Oracle
2 60 (6.64%) Splunk
3 36 (3.99%) Microsoft
4 33 (3.65%) TIBCO
5 31 (3.43%) Bloomberg
6 29 (3.21%) FXall
7 24 (2.66%) Murex
8 13 (1.44%) Calypso
8 13 (1.44%) Sybase
9 12 (1.33%) SAP
10 11 (1.22%) Reuters
11 10 (1.11%) HP
12 9 (1.00%) Charles River
12 9 (1.00%) ION Trading
12 9 (1.00%) Telerik
13 7 (0.78%) Cisco
14 6 (0.66%) VMware
15 5 (0.55%) Dynatrace
15 5 (0.55%) Google
15 5 (0.55%) Remedy