Period
to

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 1 July 2022 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
1 Jul 2022
Same period 2021 Same period 2020
Rank 253 245 186
Rank change year-on-year -8 -59 +207
Contract jobs citing Foreign Exchange (FX) 967 736 626
As % of all contract jobs advertised in the UK 1.09% 1.12% 1.52%
As % of the Miscellaneous category 3.42% 3.68% 4.95%
Number of daily rates quoted 841 581 540
10th Percentile £538 £500 £512
25th Percentile £600 £575 £550
Median daily rate (50th Percentile) £725 £675 £650
Median % change year-on-year +7.41% +3.85% -
75th Percentile £813 £750 £750
90th Percentile £888 £800 £800
UK excluding London median daily rate £613 £575 £500
% change year-on-year +6.52% +15.00% +11.11%
Number of hourly rates quoted 1 0 0
10th Percentile - - -
25th Percentile £42.50 - -
Median hourly rate £43.00 - -
75th Percentile £43.50 - -
90th Percentile - - -
UK excluding London median hourly rate £43.00 - -

Foreign Exchange (FX) is in the General and Transferable 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 Skills
UK
Contract vacancies with a requirement for generic IT skills 28,278 19,975 12,651
As % of all contract IT jobs advertised in the UK 31.79% 30.36% 30.76%
Number of daily rates quoted 19,927 13,548 8,311
10th Percentile £313 £300 £263
25th Percentile £438 £400 £375
Median daily rate (50th Percentile) £550 £500 £488
Median % change year-on-year +10.00% +2.56% +2.63%
75th Percentile £665 £605 £600
90th Percentile £775 £700 £713
UK excluding London median daily rate £488 £436 £433
% change year-on-year +11.81% +0.77% +1.80%
Number of hourly rates quoted 679 687 480
10th Percentile £14.50 £12.00 £12.61
25th Percentile £17.53 £15.50 £16.73
Median hourly rate £26.98 £24.50 £24.86
Median % change year-on-year +10.12% -1.43% +19.18%
75th Percentile £51.35 £48.23 £46.56
90th Percentile £66.00 £60.00 £55.00
UK excluding London median hourly rate £21.50 £21.86 £20.99
% change year-on-year -1.65% +4.16% +12.23%

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 1 July 2022.

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 12 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 1 July 2022. 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
Jobs
England -13 955 £725 +7.41% 93
London -11 931 £744 +10.19% 87
Work from Home +50 365 £725 +11.54% 35
UK excluding London -49 9 £613 +6.52% 9
Midlands -34 4 £531 -7.61% 2
East Midlands -9 2 £619 +7.61% 2
West Midlands - 2 £450 -
South East - 2 - -
Scotland -11 1 - - 1
South West - 1 £700 - 4
Yorkshire - 1 - -
North of England - 1 - -

For the 6 months to 1 July 2022, 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).

1 565 (58.43%) Front Office
2 499 (51.60%) Finance
3 395 (40.85%) C#
4 387 (40.02%) Java
5 375 (38.78%) Banking
6 373 (38.57%) Agile
7 313 (32.37%) Fixed Income
8 308 (31.85%) Derivative
9 297 (30.71%) Python
10 290 (29.99%) Social Skills
11 276 (28.54%) .NET
12 273 (28.23%) Electronic Trading
13 266 (27.51%) Equities
14 261 (26.99%) Investment Banking
15 229 (23.68%) Software Engineering
16 221 (22.85%) Low Latency
17 211 (21.82%) C++
18 193 (19.96%) Analytics
19 188 (19.44%) JavaScript
20 187 (19.34%) AWS
21 185 (19.13%) SQL
22 178 (18.41%) Asset Management
23 174 (17.99%) Azure
24 173 (17.89%) Multithreading
25 171 (17.68%) Investment Management
26 169 (17.48%) React
27 156 (16.13%) CI/CD
28 149 (15.41%) Hedge funds
29 134 (13.86%) Microservices
30 131 (13.55%) GCP

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 24 (2.48%) Apache
2 20 (2.07%) CMS
3 16 (1.65%) WebSphere
4 13 (1.34%) Apache Airflow
5 9 (0.93%) Confluence
6 5 (0.52%) Apache Spark
6 5 (0.52%) Luigi
6 5 (0.52%) SharePoint
7 2 (0.21%) Jetty
7 2 (0.21%) Oracle Coherence
8 1 (0.10%) MQSeries
8 1 (0.10%) MS Project Server
Applications
1 41 (4.24%) Microsoft Excel
2 35 (3.62%) Spreadsheet
3 9 (0.93%) Microsoft PowerPoint
4 7 (0.72%) Microsoft Office
4 7 (0.72%) Microsoft Project
5 4 (0.41%) Adobe Illustrator
5 4 (0.41%) Adobe XD
5 4 (0.41%) Photoshop
6 2 (0.21%) MS Visio
Business Applications
1 11 (1.14%) BusinessWorks
2 5 (0.52%) Markit EDM
2 5 (0.52%) SAP S/4HANA
2 5 (0.52%) SimCorp Dimension
3 4 (0.41%) Orchestrade
4 3 (0.31%) Kondor
5 2 (0.21%) Dynamics AX
5 2 (0.21%) Eloqua
5 2 (0.21%) Endur
5 2 (0.21%) Fidessa
5 2 (0.21%) FINCAD Analytics
5 2 (0.21%) SAP ERP
6 1 (0.10%) ION MarketView
6 1 (0.10%) Oracle Subledger Accounting
Cloud Services
1 187 (19.34%) AWS
2 174 (17.99%) Azure
3 131 (13.55%) GCP
4 24 (2.48%) Azure DevOps
5 16 (1.65%) NuGet
6 13 (1.34%) Amazon EC2
7 12 (1.24%) Azure Cosmos DB
8 11 (1.14%) Serverless
9 10 (1.03%) AWS Lambda
9 10 (1.03%) Azure Service Bus
10 8 (0.83%) Amazon S3
10 8 (0.83%) IaaS
11 6 (0.62%) PaaS
12 5 (0.52%) Amazon EMR
12 5 (0.52%) Amazon SQS
12 5 (0.52%) Azure Active Directory
12 5 (0.52%) OpenShift
13 4 (0.41%) Cloud Computing
14 3 (0.31%) Apigee
14 3 (0.31%) Dynamics 365
Communications & Networking
1 26 (2.69%) RTMP
2 21 (2.17%) TCP/IP
3 19 (1.96%) Firewall
3 19 (1.96%) Multicast
4 11 (1.14%) Wireshark
5 3 (0.31%) BGP
5 3 (0.31%) IPv4
5 3 (0.31%) IPv6
5 3 (0.31%) MPLS
5 3 (0.31%) Network Security
5 3 (0.31%) OSPF
5 3 (0.31%) Radio Access Network
5 3 (0.31%) SSL
5 3 (0.31%) VPN
6 1 (0.10%) 5G
6 1 (0.10%) DNS
6 1 (0.10%) Internet
6 1 (0.10%) Intranet
6 1 (0.10%) LTE
6 1 (0.10%) Mobile Backhaul
Database & Business Intelligence
1 51 (5.27%) SQL Server
2 33 (3.41%) Relational Database
3 24 (2.48%) Apache Ignite
4 23 (2.38%) PostgreSQL
5 18 (1.86%) KDB
6 15 (1.55%) NoSQL
6 15 (1.55%) ObjectStore
7 13 (1.34%) Amazon Athena
8 7 (0.72%) Hazelcast
9 6 (0.62%) ClickHouse
9 6 (0.62%) MySQL
10 5 (0.52%) Amazon RDS
10 5 (0.52%) Amazon Redshift
10 5 (0.52%) Apache Cassandra
10 5 (0.52%) Big Data
10 5 (0.52%) Elasticsearch
10 5 (0.52%) Hadoop
10 5 (0.52%) Presto
10 5 (0.52%) RDBMS
11 4 (0.41%) Tick Data
Development Applications
1 112 (11.58%) Git (software)
2 57 (5.89%) JIRA
3 53 (5.48%) Jenkins
4 50 (5.17%) TeamCity
5 26 (2.69%) Maven
6 21 (2.17%) git-flow
7 18 (1.86%) Octopus Deploy
8 16 (1.65%) Artifactory
8 16 (1.65%) Cucumber
8 16 (1.65%) MSBuild
9 8 (0.83%) IBM UrbanCode
9 8 (0.83%) Selenium
10 5 (0.52%) Bitbucket
10 5 (0.52%) GitLab
10 5 (0.52%) JUnit
10 5 (0.52%) Mockito
11 4 (0.41%) Axure RP
12 3 (0.31%) Hamcrest
12 3 (0.31%) IntelliJ
12 3 (0.31%) Visual Studio
General
1 565 (58.43%) Front Office
2 499 (51.60%) Finance
3 375 (38.78%) Banking
4 290 (29.99%) Social Skills
5 261 (26.99%) Investment Banking
6 126 (13.03%) Analytical Skills
7 26 (2.69%) Back Office
8 22 (2.28%) Influencing Skills
9 13 (1.34%) Financial Institution
9 13 (1.34%) Legal
10 11 (1.14%) Marketing
11 8 (0.83%) Organisational Skills
12 6 (0.62%) Presentation Skills
13 5 (0.52%) International Banking
13 5 (0.52%) Law
14 4 (0.41%) Advertising
15 3 (0.31%) French Language
15 3 (0.31%) Inclusion and Diversity
15 3 (0.31%) Manufacturing
15 3 (0.31%) Telecoms
Job Titles
1 662 (68.46%) Developer
2 235 (24.30%) Java Developer
3 144 (14.89%) Software Engineer
4 141 (14.58%) Developer/Software Engineer
5 136 (14.06%) C# Developer
6 133 (13.75%) Analyst
7 124 (12.82%) .NET Developer
8 95 (9.82%) Electronic Trading Developer
8 95 (9.82%) Senior Developer
9 86 (8.89%) AWS Developer
9 86 (8.89%) AWS Engineer
9 86 (8.89%) AWS Software Engineer
10 78 (8.07%) Electronic Trading Java Developer
11 75 (7.76%) Business Analyst
12 66 (6.83%) C++ Developer
13 65 (6.72%) Front Office Developer
13 65 (6.72%) Senior Java Developer
14 63 (6.51%) Quantitative Developer
15 60 (6.20%) .NET Software Developer
15 60 (6.20%) .NET Software Engineer
Libraries, Frameworks & Software Standards
1 276 (28.54%) .NET
2 169 (17.48%) React
3 121 (12.51%) .NET Core
4 76 (7.86%) Rendezvous
4 76 (7.86%) WPF
5 70 (7.24%) ASP.NET
6 61 (6.31%) ASP.NET Web API
7 57 (5.89%) AngularJS
8 55 (5.69%) ASP.NET Core
9 36 (3.72%) CSS
9 36 (3.72%) FIX Protocol
9 36 (3.72%) RESTful
10 35 (3.62%) Boost C++ Libraries
10 35 (3.62%) gRPC
10 35 (3.62%) HTML
11 34 (3.52%) Protocol Buffers
12 33 (3.41%) Middleware
13 32 (3.31%) Spring
13 32 (3.31%) WCF
14 31 (3.21%) Vue.js
Miscellaneous
1 313 (32.37%) Fixed Income
2 308 (31.85%) Derivative
3 266 (27.51%) Equities
4 149 (15.41%) Hedge funds
5 78 (8.07%) Greenfield Project
6 56 (5.79%) Data Structures
7 42 (4.34%) Algorithms
8 32 (3.31%) Credit Derivative
9 30 (3.10%) Market Risk
10 26 (2.69%) Interest Rate Derivative
11 20 (2.07%) Swaptions
12 14 (1.45%) Reference Data
12 14 (1.45%) User Experience
13 13 (1.34%) Equity Derivative
13 13 (1.34%) Exotic Derivative
13 13 (1.34%) Management Information System
14 12 (1.24%) Legacy Systems
15 10 (1.03%) Mobile App
16 7 (0.72%) Data Protection Act
16 7 (0.72%) Linux Command Line
Operating Systems
1 113 (11.69%) Linux
2 69 (7.14%) Windows
3 35 (3.62%) Unix
4 21 (2.17%) Windows 10
5 16 (1.65%) Red Hat Enterprise Linux
6 2 (0.21%) Windows Server
7 1 (0.10%) Android
7 1 (0.10%) Apple iOS
Processes & Methodologies
1 373 (38.57%) Agile
2 273 (28.23%) Electronic Trading
3 229 (23.68%) Software Engineering
4 221 (22.85%) Low Latency
5 193 (19.96%) Analytics
6 178 (18.41%) Asset Management
7 173 (17.89%) Multithreading
8 171 (17.68%) Investment Management
9 156 (16.13%) CI/CD
10 134 (13.86%) Microservices
11 123 (12.72%) DevOps
12 118 (12.20%) OO
13 111 (11.48%) TDD
14 105 (10.86%) Computer Science
15 81 (8.38%) Migration
16 76 (7.86%) Fintech
17 72 (7.45%) Scrum
18 71 (7.34%) Business Analysis
19 68 (7.03%) Order Management
20 65 (6.72%) Problem-Solving
Programming Languages
1 395 (40.85%) C#
2 387 (40.02%) Java
3 297 (30.71%) Python
4 211 (21.82%) C++
5 188 (19.44%) JavaScript
6 185 (19.13%) SQL
7 106 (10.96%) TypeScript
8 24 (2.48%) XAML
9 11 (1.14%) Perl
10 9 (0.93%) C
11 8 (0.83%) VBA
12 7 (0.72%) ES6
13 6 (0.62%) Scala
14 3 (0.31%) F#
14 3 (0.31%) PL/SQL
14 3 (0.31%) R
15 2 (0.21%) ABAP
15 2 (0.21%) T-SQL
15 2 (0.21%) VC++
16 1 (0.10%) Bash
Qualifications
1 93 (9.62%) Degree
2 63 (6.51%) Computer Science Degree
3 20 (2.07%) Numerate Degree
4 4 (0.41%) CCNP
4 4 (0.41%) Cisco Certification
5 2 (0.21%) ACCA
5 2 (0.21%) CIMA
5 2 (0.21%) Master's Degree
5 2 (0.21%) PhD
6 1 (0.10%) CCNA
6 1 (0.10%) SC Cleared
6 1 (0.10%) Security Cleared
Quality Assurance & Compliance
1 80 (8.27%) QA
2 13 (1.34%) IFRS
3 12 (1.24%) FRS 29
3 12 (1.24%) GAAP
3 12 (1.24%) MiFID
4 8 (0.83%) PMO
5 6 (0.62%) EMIR
6 5 (0.52%) Data Quality
7 3 (0.31%) GDPR
8 2 (0.21%) Dodd-Frank
8 2 (0.21%) ISO 20022
8 2 (0.21%) ISO/IEC 27001
8 2 (0.21%) NIST
8 2 (0.21%) PSD2
9 1 (0.10%) Accessibility
9 1 (0.10%) Basel III
9 1 (0.10%) IFRS 9
9 1 (0.10%) SEPA
9 1 (0.10%) SLA
System Software
1 61 (6.31%) Docker
2 2 (0.21%) Oracle RAC
3 1 (0.10%) Active Directory
3 1 (0.10%) Virtual Machines
3 1 (0.10%) Virtual Servers
Systems Management
1 49 (5.07%) Terraform
2 30 (3.10%) Ansible
3 24 (2.48%) ITRS Geneos
4 21 (2.17%) Kubernetes
5 11 (1.14%) BladeLogic
6 3 (0.31%) HP ALM
6 3 (0.31%) Istio
7 1 (0.10%) Grafana
7 1 (0.10%) HP Quality Center
7 1 (0.10%) Opscode Chef
7 1 (0.10%) Podman
7 1 (0.10%) Prometheus
Vendors
1 82 (8.48%) Microsoft
2 78 (8.07%) TIBCO
3 71 (7.34%) Oracle
4 24 (2.48%) Bloomberg
5 17 (1.76%) Azul
5 17 (1.76%) Charles River
5 17 (1.76%) Murex
5 17 (1.76%) Sun
6 16 (1.65%) Red Hat
7 15 (1.55%) Reuters
8 14 (1.45%) DevExpress
8 14 (1.45%) Telerik
9 13 (1.34%) Currenex
10 11 (1.14%) BMC
11 9 (0.93%) SAP
12 7 (0.72%) ServiceNow
13 5 (0.52%) Calypso
13 5 (0.52%) Databricks
13 5 (0.52%) Solace
13 5 (0.52%) Splunk