Period
to 24 May 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 24 May 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
24 May 2018
Same period 2017 Same period 2016
Rank 232 199 236
Rank change year-on-year -33 +37 +11
Contract jobs citing Foreign Exchange (FX) 1,161 1,207 1,174
As % of all contract IT jobs advertised in the UK 1.15% 1.34% 1.11%
As % of the Miscellaneous category 3.41% 3.96% 3.31%
Number of daily rates quoted 905 928 955
UK median daily rate £675 £600 £600
Median daily rate % change year-on-year +12.50% - -
10th Percentile £461 £450 £422
90th Percentile £838 £750 £725
UK excluding London median daily rate £450 £451 £396
% change year-on-year -0.28% +13.95% -3.41%
Number of hourly rates quoted 2 3 7
UK median hourly rate £34.50 £42.50 £47.50
Median hourly rate % change year-on-year -18.82% -10.53% +251.85%
10th Percentile £25.85 £24.25 £20.45
90th Percentile £45.15 £60.75 £91.00
UK excluding London median hourly rate £45.00 £42.50 -
% change year-on-year +5.88% - -

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 34,055 30,484 35,487
As % of all contract IT jobs advertised in the UK 33.80% 33.75% 33.61%
Number of daily rates quoted 22,326 19,762 23,179
UK median daily rate £450 £440 £425
Median daily rate % change year-on-year +2.27% +3.53% +6.25%
10th Percentile £270 £263 £250
90th Percentile £650 £634 £625
UK excluding London median daily rate £403 £400 £375
% change year-on-year +0.63% +6.67% +1.35%
Number of hourly rates quoted 1,065 1,070 1,186
UK median hourly rate £22.00 £20.00 £21.00
Median hourly rate % change year-on-year +10.00% -4.76% +17.48%
10th Percentile £11.75 £11.25 £11.50
90th Percentile £52.65 £50.00 £50.00
UK excluding London median hourly rate £21.50 £18.50 £21.00
% change year-on-year +16.22% -11.90% +20.00%

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 24 May 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)
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Foreign Exchange (FX) over the 6 months to 24 May 2018.

Contractor hourly rate histogram for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Top 11 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 24 May 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 -32 1,134 £675 +12.50% 147
London -22 1,114 £675 +12.50% 137
UK excluding London -28 43 £450 -0.28% 14
Northern Ireland +9 13 £500 +14.94% 1
Scotland -28 11 £400 +17.65% 3
North of England -7 10 £450 -27.13% 4
Yorkshire -6 6 £450 - 2
East of England +1 4 £525 - 2
North West -12 4 £413 -29.49% 2
South East -27 3 £475 -5.00% 3
South West +8 2 £525 +23.53% 1

For the 6 months to 24 May 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).

1 570 (49.10%) Front Office
2 516 (44.44%) Finance
3 471 (40.57%) Banking
4 436 (37.55%) Java
5 385 (33.16%) Electronic Trading
6 341 (29.37%) C#
6 341 (29.37%) Low Latency
7 253 (21.79%) Multithreading
8 244 (21.02%) Agile Software Development
9 242 (20.84%) SQL
10 225 (19.38%) C++
11 214 (18.43%) Investment Banking
12 190 (16.37%) .NET
13 152 (13.09%) Linux
14 149 (12.83%) Equities
14 149 (12.83%) Derivative
15 145 (12.49%) Fixed Income
16 143 (12.32%) Unix
16 143 (12.32%) Python
17 135 (11.63%) JavaScript
18 130 (11.20%) Algorithmic Trading
19 126 (10.85%) Risk Management
20 112 (9.65%) FIX Protocol
21 110 (9.47%) E-Commerce
22 107 (9.22%) WPF
23 104 (8.96%) OO
24 93 (8.01%) AngularJS
24 93 (8.01%) TDD
25 90 (7.75%) HTML
26 89 (7.67%) TIBCO

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 19 (1.64%) JBoss
2 17 (1.46%) Tomcat
3 14 (1.21%) Oracle Coherence
4 10 (0.86%) Confluence
5 9 (0.78%) Apache
6 8 (0.69%) Apache Spark
7 4 (0.34%) DataSynapse
7 4 (0.34%) SharePoint
8 3 (0.26%) SAS
9 2 (0.17%) Apache Pig
9 2 (0.17%) Apache Solr
9 2 (0.17%) CMS
9 2 (0.17%) Elasticsearch
9 2 (0.17%) Tuxedo
10 1 (0.086%) IBM Notes
10 1 (0.086%) MQSeries
10 1 (0.086%) PegaRULES
10 1 (0.086%) Umbraco
10 1 (0.086%) WebSphere
10 1 (0.086%) WebSphere Application Server
Applications
1 25 (2.15%) Microsoft Excel
2 9 (0.78%) Spreadsheet
3 4 (0.34%) Microsoft Office
3 4 (0.34%) Microsoft PowerPoint
3 4 (0.34%) MS Visio
4 1 (0.086%) Microsoft Project
Business Applications
1 31 (2.67%) ION MarketView
2 17 (1.46%) Markit EDM
3 15 (1.29%) Eagle PACE
4 14 (1.21%) Front Arena
4 14 (1.21%) thinkFolio
5 12 (1.03%) PolarLake
6 7 (0.60%) Kondor
7 6 (0.52%) Bloomberg AIM
8 3 (0.26%) BusinessWorks
8 3 (0.26%) MultiFonds
8 3 (0.26%) Oracle Cash Management
8 3 (0.26%) RMDS
8 3 (0.26%) Summit
9 2 (0.17%) Global One
9 2 (0.17%) HiPortfolio
9 2 (0.17%) Murex MxG2000
9 2 (0.17%) Orchestrade
10 1 (0.086%) Actimize
10 1 (0.086%) MetaTrader
10 1 (0.086%) Sentinel
Cloud Services
1 33 (2.84%) Amazon AWS
2 22 (1.89%) GitHub
3 14 (1.21%) npm
4 13 (1.12%) Yarn
5 7 (0.60%) Microsoft Azure
6 6 (0.52%) Cloud Computing
7 4 (0.34%) Amazon S3
7 4 (0.34%) IaaS
8 3 (0.26%) Amazon CloudWatch
8 3 (0.26%) Amazon EC2
8 3 (0.26%) AWS Lambda
8 3 (0.26%) CloudFront
8 3 (0.26%) PaaS
8 3 (0.26%) Route 53
8 3 (0.26%) Serverless
8 3 (0.26%) Virtual Private Cloud
9 2 (0.17%) SaaS
10 1 (0.086%) Amazon EMR
Communications & Networking
1 13 (1.12%) Firewall
2 11 (0.95%) Multicast
3 7 (0.60%) VPN
4 6 (0.52%) LAN
4 6 (0.52%) WAN
5 5 (0.43%) TCP/IP
6 4 (0.34%) DHCP
6 4 (0.34%) DNS
6 4 (0.34%) Internet
6 4 (0.34%) Intranet
7 3 (0.26%) Broadband
7 3 (0.26%) FIX Connectivity
7 3 (0.26%) HTTP
7 3 (0.26%) MPLS
7 3 (0.26%) Network Security
7 3 (0.26%) VLAN
8 2 (0.17%) SNMP
9 1 (0.086%) HTTPS
9 1 (0.086%) SMS
9 1 (0.086%) VoIP
Database & Business Intelligence
1 75 (6.46%) SQL Server
2 47 (4.05%) Blockchain
3 31 (2.67%) KDB
4 29 (2.50%) Relational Database
5 17 (1.46%) Big Data
6 15 (1.29%) SQL Server 2014
7 12 (1.03%) MongoDB
8 9 (0.78%) Hadoop
8 9 (0.78%) Oracle Database
8 9 (0.78%) SQL Server Integration Services
9 8 (0.69%) NoSQL
9 8 (0.69%) SQL Server 2008
9 8 (0.69%) SQL Server Reporting Services
10 7 (0.60%) Data Warehouse
11 6 (0.52%) RDBMS
11 6 (0.52%) Tick Data
12 5 (0.43%) DB2
12 5 (0.43%) Geospatial Data
12 5 (0.43%) GIS
12 5 (0.43%) Sybase ASE
Development Applications
1 53 (4.57%) TeamCity
2 48 (4.13%) JIRA
3 46 (3.96%) Jenkins
4 39 (3.36%) Git (software)
5 31 (2.67%) Maven
6 22 (1.89%) JUnit
7 18 (1.55%) Atlassian Bamboo
8 17 (1.46%) Subversion
9 14 (1.21%) ReSharper
9 14 (1.21%) Visual Studio Team System
10 12 (1.03%) Selenium
11 11 (0.95%) NUnit
12 9 (0.78%) Cucumber
12 9 (0.78%) MSBuild
13 8 (0.69%) Jasmine
13 8 (0.69%) SpecFlow
14 7 (0.60%) Moq
14 7 (0.60%) Visual Studio
15 6 (0.52%) Hudson
16 5 (0.43%) FishEye
General
1 570 (49.10%) Front Office
2 516 (44.44%) Finance
3 471 (40.57%) Banking
4 214 (18.43%) Investment Banking
5 61 (5.25%) Back Office
6 33 (2.84%) Financial Institution
7 9 (0.78%) Legal
8 7 (0.60%) Games
9 3 (0.26%) General Ledger
9 3 (0.26%) Private Banking
10 2 (0.17%) French Language
10 2 (0.17%) Prime Brokerage
10 2 (0.17%) Retail
10 2 (0.17%) Retail Banking
11 1 (0.086%) Advertising
11 1 (0.086%) Billing
11 1 (0.086%) Telecoms
Job Titles
1 760 (65.46%) Developer
2 286 (24.63%) Java Developer
3 222 (19.12%) Analyst
4 208 (17.92%) C# Developer
5 183 (15.76%) Electronic Trading Developer
6 146 (12.58%) Senior Developer
7 141 (12.14%) Front Office Developer
8 133 (11.46%) Business Analyst
9 112 (9.65%) C++ Developer
10 97 (8.35%) Electronic Trading Java Developer
11 85 (7.32%) FX Business Analyst
12 76 (6.55%) .NET Developer
13 68 (5.86%) Senior Java Developer
14 59 (5.08%) Low Latency Java Developer
15 56 (4.82%) Quantitative Developer
16 49 (4.22%) C# Developer - Electronic Trading
17 47 (4.05%) C# .NET Developer
17 47 (4.05%) Senior C# Developer
18 43 (3.70%) JavaScript Developer
19 41 (3.53%) Banking Analyst
Libraries, Frameworks & Software Standards
1 190 (16.37%) .NET
2 112 (9.65%) FIX Protocol
3 107 (9.22%) WPF
4 93 (8.01%) AngularJS
5 90 (7.75%) HTML
6 82 (7.06%) React
7 62 (5.34%) Rendezvous
8 57 (4.91%) CSS
9 50 (4.31%) .NET Framework
10 45 (3.88%) HTML5
11 43 (3.70%) ASP.NET
12 41 (3.53%) REST
13 40 (3.45%) WCF
14 39 (3.36%) Kafka
14 39 (3.36%) Middleware
15 38 (3.27%) RESTful
16 36 (3.10%) Reactive Extensions
17 35 (3.01%) ASP.NET Web API
17 35 (3.01%) Spring
18 34 (2.93%) Node.js
Miscellaneous
1 149 (12.83%) Derivative
1 149 (12.83%) Equities
2 145 (12.49%) Fixed Income
3 78 (6.72%) Analytical Skills
4 75 (6.46%) Greenfield Project
5 67 (5.77%) Fintech
6 52 (4.48%) Computer Science
7 40 (3.45%) Algorithms
8 33 (2.84%) Online Banking
9 23 (1.98%) Exotic Derivative
10 20 (1.72%) Data Structures
10 20 (1.72%) OTC Derivatives
11 17 (1.46%) Equity Derivative
12 16 (1.38%) Credit Derivative
13 14 (1.21%) Hedge funds
13 14 (1.21%) Hybrid Cloud
13 14 (1.21%) Interest Rate Derivative
13 14 (1.21%) Market Risk
13 14 (1.21%) SWIFT
14 10 (0.86%) Credit Risk
Operating Systems
1 152 (13.09%) Linux
2 143 (12.32%) Unix
3 32 (2.76%) Windows
4 22 (1.89%) Solaris
5 19 (1.64%) Red Hat Enterprise Linux
6 5 (0.43%) Android
7 4 (0.34%) Windows Server
8 2 (0.17%) Mac OS
8 2 (0.17%) Windows 7
9 1 (0.086%) Apple iOS
Processes & Methodologies
1 385 (33.16%) Electronic Trading
2 341 (29.37%) Low Latency
3 253 (21.79%) Multithreading
4 244 (21.02%) Agile Software Development
5 130 (11.20%) Algorithmic Trading
6 126 (10.85%) Risk Management
7 110 (9.47%) E-Commerce
8 104 (8.96%) OO
9 93 (8.01%) TDD
10 82 (7.06%) Software Engineering
11 77 (6.63%) Test Automation
12 75 (6.46%) Analytics
13 73 (6.29%) Microservices
14 65 (5.60%) Continuous Integration
15 63 (5.43%) Open Source
16 62 (5.34%) DevOps
17 60 (5.17%) Problem-Solving
17 60 (5.17%) Project Management
18 55 (4.74%) Change Management
19 54 (4.65%) Mathematics
Programming Languages
1 436 (37.55%) Java
2 341 (29.37%) C#
3 242 (20.84%) SQL
4 225 (19.38%) C++
5 143 (12.32%) Python
6 135 (11.63%) JavaScript
7 49 (4.22%) Java 8
8 47 (4.05%) TypeScript
9 34 (2.93%) Bash Shell
10 30 (2.58%) C
11 23 (1.98%) Perl
11 23 (1.98%) Scala
12 16 (1.38%) VBA
13 14 (1.21%) ES6
14 13 (1.12%) T-SQL
15 12 (1.03%) Shell Script
16 8 (0.69%) Korn
16 8 (0.69%) PowerShell
17 6 (0.52%) PL/SQL
18 5 (0.43%) VB
Qualifications
1 74 (6.37%) Degree
2 33 (2.84%) Computer Science Degree
3 25 (2.15%) PhD
4 7 (0.60%) Numerate Degree
5 5 (0.43%) ISEB
5 5 (0.43%) ISTQB
5 5 (0.43%) PMI Certification
5 5 (0.43%) PMP
5 5 (0.43%) SC Cleared
5 5 (0.43%) Security Cleared
6 1 (0.086%) CCNP
6 1 (0.086%) Cisco Certification
Quality Assurance & Compliance
1 45 (3.88%) MiFID
2 39 (3.36%) QA
3 19 (1.64%) EMIR
4 10 (0.86%) Dodd-Frank
5 4 (0.34%) PMO
5 4 (0.34%) SEPA
6 2 (0.17%) Data Quality
6 2 (0.17%) SLA
6 2 (0.17%) TARGET2
7 1 (0.086%) COREP
7 1 (0.086%) FATCA
7 1 (0.086%) IFRS
7 1 (0.086%) ISO 20022
7 1 (0.086%) PSD2
7 1 (0.086%) Solvency II
System Software
1 37 (3.19%) Docker
2 8 (0.69%) Active Directory
3 3 (0.26%) Terminal Server
4 2 (0.17%) VMware Infrastructure
5 1 (0.086%) Apache ZooKeeper
5 1 (0.086%) HDFS
5 1 (0.086%) Virtual Machines
Systems Management
1 8 (0.69%) Control-M
2 5 (0.43%) Ansible
2 5 (0.43%) CA Spectrum
3 4 (0.34%) HP Quality Center
4 3 (0.26%) BladeLogic
4 3 (0.26%) Opscode Chef
5 2 (0.17%) HP ALM
6 1 (0.086%) CA Service Virtualization
6 1 (0.086%) Hadoop YARN
6 1 (0.086%) Kibana
6 1 (0.086%) logstash
6 1 (0.086%) Oozie
6 1 (0.086%) SCCM
6 1 (0.086%) WSUS
Vendors
1 89 (7.67%) TIBCO
2 83 (7.15%) Oracle
3 57 (4.91%) Bloomberg
4 38 (3.27%) FXall
4 38 (3.27%) Reuters
5 37 (3.19%) Microsoft
5 37 (3.19%) Sybase
6 36 (3.10%) ION Trading
7 32 (2.76%) Murex
8 21 (1.81%) Charles River
9 18 (1.55%) Solace
10 17 (1.46%) Calypso
11 14 (1.21%) Atlassian
11 14 (1.21%) Capita
11 14 (1.21%) SimCorp
12 11 (0.95%) Talarian
13 10 (0.86%) Currenex
14 8 (0.69%) Google
14 8 (0.69%) Red Hat
15 7 (0.60%) Remedy