Foreign Exchange (FX) Contracts

Foreign Exchange (FX)
UK

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 cited Foreign Exchange (FX) over the 6 months leading up to 30 April 2025, comparing them to the same period in the previous two years.

6 months to
30 Apr 2025
Same period 2024 Same period 2023
Rank 192 283 218
Rank change year-on-year +91 -65 +40
Contract jobs citing Foreign Exchange (FX) 413 361 733
As % of all contract jobs advertised in the UK 1.41% 0.83% 1.23%
As % of the Miscellaneous category 4.17% 2.72% 3.68%
Number of daily rates quoted 348 288 595
10th Percentile £559 £548 £550
25th Percentile £638 £650 £638
Median daily rate (50th Percentile) £775 £750 £750
Median % change year-on-year +3.33% - +3.45%
75th Percentile £875 £875 £863
90th Percentile £938 £888 £950
UK excluding London median daily rate £413 £600 £500
% change year-on-year -31.25% +20.00% -5.88%
Number of hourly rates quoted 4 6 1
10th Percentile £32.63 - -
25th Percentile £37.69 - -
Median hourly rate £41.00 £70.00 £64.25
Median % change year-on-year -41.43% +8.95% +49.42%
75th Percentile £41.50 - -
90th Percentile - - -
UK excluding London median hourly rate £35.13 £70.00 -
% change year-on-year -49.82% - -

All Generic Skills
UK

Foreign Exchange (FX) falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills.

Contract vacancies with a requirement for generic IT skills 9,915 13,252 19,898
As % of all contract IT jobs advertised in the UK 33.91% 30.40% 33.34%
Number of daily rates quoted 6,331 8,505 13,670
10th Percentile £300 £263 £308
25th Percentile £413 £413 £450
Median daily rate (50th Percentile) £525 £538 £550
Median % change year-on-year -2.42% -2.18% -
75th Percentile £650 £660 £680
90th Percentile £775 £788 £800
UK excluding London median daily rate £496 £500 £500
% change year-on-year -0.90% - +5.26%
Number of hourly rates quoted 394 910 640
10th Percentile £16.46 £12.25 £9.80
25th Percentile £21.00 £15.17 £10.63
Median hourly rate £32.05 £30.00 £22.49
Median % change year-on-year +6.83% +33.42% -18.24%
75th Percentile £63.75 £60.66 £65.00
90th Percentile £82.99 £70.00 £75.00
UK excluding London median hourly rate £30.93 £27.75 £22.00
% change year-on-year +11.46% +26.14% +9.64%

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 30 April 2025.

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)
Hourly Rate Histogram

Hourly rate distribution of jobs citing Foreign Exchange (FX) over the 6 months to 30 April 2025.

Hourly rate histogram for Foreign Exchange (FX) in the UK

Foreign Exchange (FX)
Top 15 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 30 April 2025. 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 +81 398 £775 +1.64% 279
London +53 375 £775 -3.13% 267
Work from Home +93 225 £800 - 79
UK excluding London +53 27 £413 -31.25% 17
North of England +39 12 £492 -21.28% 3
North West +19 9 £575 -8.00% 2
Northern Ireland - 5 £350 - 5
South West +37 4 £375 -34.21% 2
Midlands +19 4 £348 -42.04% 2
West Midlands +17 4 £348 - 2
Yorkshire - 3 £402 - 1
South East +44 2 £411 -31.46% 2
Wales - 2 £160 -
Scotland +8 1 £750 +39.28% 2
North East - 1 £460 -

Foreign Exchange (FX)
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 54 (13.08%) Apache Airflow
2 45 (10.90%) Apache
3 4 (0.97%) SharePoint
4 2 (0.48%) Apache Spark
4 2 (0.48%) Confluence
4 2 (0.48%) Microsoft Exchange
4 2 (0.48%) MQSeries
4 2 (0.48%) Oracle SOA Suite
5 1 (0.24%) DataSynapse
5 1 (0.24%) Oracle Coherence
5 1 (0.24%) Oracle Workflow
Applications
1 10 (2.42%) Microsoft Excel
2 5 (1.21%) Microsoft PowerPoint
3 2 (0.48%) Adobe XD
3 2 (0.48%) Sketch
4 1 (0.24%) Maya
4 1 (0.24%) Microsoft Office
4 1 (0.24%) ZBrush
Business Applications
1 5 (1.21%) Kondor
2 3 (0.73%) Dynamics CRM
2 3 (0.73%) SAP CO
2 3 (0.73%) SAP FI
2 3 (0.73%) SAP FI/CO
2 3 (0.73%) SAP S/4HANA
3 2 (0.48%) Fidessa
3 2 (0.48%) FLEXCUBE
3 2 (0.48%) Misys Midas
3 2 (0.48%) Oracle General Ledger
4 1 (0.24%) ION Anvil
4 1 (0.24%) ION MarketView
4 1 (0.24%) Oracle ERP
4 1 (0.24%) Oracle Procure-to-Pay
4 1 (0.24%) Oracle TCA
4 1 (0.24%) Orchestrade
4 1 (0.24%) Summit
Cloud Services
1 83 (20.10%) AWS
2 54 (13.08%) dbt
3 45 (10.90%) Snowflake
4 43 (10.41%) GCP
5 25 (6.05%) Azure
6 17 (4.12%) Amazon EC2
6 17 (4.12%) Amazon ECS
6 17 (4.12%) Amazon EKS
6 17 (4.12%) Dagster
7 11 (2.66%) npm
7 11 (2.66%) Yarn
8 8 (1.94%) Power Platform
9 7 (1.69%) PowerApps
10 4 (0.97%) Azure DevOps
10 4 (0.97%) Microsoft 365
11 3 (0.73%) Azure Service Bus
11 3 (0.73%) Dynamics 365
11 3 (0.73%) Figma
11 3 (0.73%) Power Automate
12 2 (0.48%) Microsoft Copilot
Communications & Networking
1 9 (2.18%) Network Security
2 8 (1.94%) Multicast
3 7 (1.69%) IMAP
3 7 (1.69%) POP3
3 7 (1.69%) SMTP
4 4 (0.97%) BGP
4 4 (0.97%) IOS XR
4 4 (0.97%) MPLS
4 4 (0.97%) OSPF
5 3 (0.73%) Cisco IOS
5 3 (0.73%) Firewall
6 2 (0.48%) Wireshark
7 1 (0.24%) DSLAM
7 1 (0.24%) FIX Connectivity
7 1 (0.24%) Remote Desktop
7 1 (0.24%) SNMP
7 1 (0.24%) SSH
7 1 (0.24%) TCP/IP
7 1 (0.24%) Telnet
Database & Business Intelligence
1 120 (29.06%) Data Lake
2 54 (13.08%) Amazon Athena
2 54 (13.08%) Apache Arrow
2 54 (13.08%) Apache Iceberg
2 54 (13.08%) Dremio
3 29 (7.02%) Apache Ignite
4 16 (3.87%) SQL Server
5 15 (3.63%) PostgreSQL
6 10 (2.42%) KDB
7 7 (1.69%) Data Mart
8 6 (1.45%) Relational Database
9 5 (1.21%) Kdb+
10 4 (0.97%) RDBMS
11 3 (0.73%) Power BI
12 2 (0.48%) Big Data
12 2 (0.48%) Data Warehouse
12 2 (0.48%) Delta Lake
12 2 (0.48%) Elasticsearch
13 1 (0.24%) Data Hub
13 1 (0.24%) Looker
Development Applications
1 32 (7.75%) Git
2 11 (2.66%) webpack
3 9 (2.18%) JIRA
4 7 (1.69%) Bitbucket
4 7 (1.69%) TeamCity
5 5 (1.21%) Jenkins
6 4 (0.97%) GCC
6 4 (0.97%) GDB
7 2 (0.48%) Ant
7 2 (0.48%) Bitbucket Server
7 2 (0.48%) JUnit
7 2 (0.48%) Maven
8 1 (0.24%) GitLab
8 1 (0.24%) Visual Studio
General
1 324 (78.45%) Finance
2 249 (60.29%) Front Office
3 136 (32.93%) Banking
4 104 (25.18%) Social Skills
5 93 (22.52%) Investment Banking
6 68 (16.46%) Analytical Skills
7 20 (4.84%) Financial Institution
8 14 (3.39%) Back Office
9 6 (1.45%) Organisational Skills
10 4 (0.97%) French Language
11 2 (0.48%) Inclusion and Diversity
11 2 (0.48%) Law
12 1 (0.24%) Advertising
12 1 (0.24%) Corporate Banking
12 1 (0.24%) Games
12 1 (0.24%) General Ledger
12 1 (0.24%) International Banking
12 1 (0.24%) Legal
12 1 (0.24%) Pharmaceutical
12 1 (0.24%) Public Sector
Job Titles
1 150 (36.32%) Developer
2 71 (17.19%) Analyst
2 71 (17.19%) Software Engineer
3 64 (15.50%) Senior
4 54 (13.08%) AWS Engineer
4 54 (13.08%) AWS Software Engineer
5 53 (12.83%) Business Analyst
6 39 (9.44%) Java Engineer
7 37 (8.96%) C# Developer
7 37 (8.96%) Head of Finance
7 37 (8.96%) Java Developer
7 37 (8.96%) Java Software Engineer
8 35 (8.47%) Developer/Software Engineer
9 33 (7.99%) Python Engineer
10 32 (7.75%) AWS Developer
10 32 (7.75%) C++ Developer
10 32 (7.75%) Senior Developer
11 31 (7.51%) Python Software Engineer
12 30 (7.26%) Lead
13 29 (7.02%) Product Manager
Libraries, Frameworks & Software Standards
1 56 (13.56%) React
2 47 (11.38%) NumPy
2 47 (11.38%) Pandas
3 45 (10.90%) SciPy
4 43 (10.41%) .NET
5 37 (8.96%) Kafka
5 37 (8.96%) Protocol Buffers
6 35 (8.47%) gRPC
7 34 (8.23%) AngularJS
8 33 (7.99%) ASP.NET
8 33 (7.99%) PySpark
9 24 (5.81%) .NET Core
9 24 (5.81%) Vue
10 23 (5.57%) CSS
11 22 (5.33%) Web Services
12 20 (4.84%) WCF
13 19 (4.60%) Node.js
14 18 (4.36%) Redux
15 17 (4.12%) FIX Protocol
16 13 (3.15%) HTML
Miscellaneous
1 207 (50.12%) Derivative
1 207 (50.12%) Equities
1 207 (50.12%) Fixed Income
2 170 (41.16%) Hedge funds
3 53 (12.83%) Product Ownership
4 19 (4.60%) Legacy Applications
5 15 (3.63%) Algorithms
6 12 (2.91%) Pricing Data
7 9 (2.18%) Distributed Architecture
8 7 (1.69%) Distributed Systems
9 6 (1.45%) Equity Derivative
9 6 (1.45%) Interest Rate Derivative
9 6 (1.45%) Market Risk
10 5 (1.21%) Management Information System
11 4 (0.97%) Credit Risk
11 4 (0.97%) Distributed Applications
11 4 (0.97%) Greenfield Project
11 4 (0.97%) Legacy Systems
11 4 (0.97%) Virtual Team
12 3 (0.73%) SWIFT Messaging Network
Operating Systems
1 44 (10.65%) Linux
2 31 (7.51%) Unix
3 18 (4.36%) Apple iOS
4 13 (3.15%) Windows
5 5 (1.21%) Windows Server
6 1 (0.24%) CentOS
6 1 (0.24%) Debian
6 1 (0.24%) Fedora
6 1 (0.24%) Solaris
6 1 (0.24%) SUSE
6 1 (0.24%) Ubuntu
6 1 (0.24%) Windows 10
6 1 (0.24%) Windows 8
6 1 (0.24%) Windows Server 2012
6 1 (0.24%) Windows Server 2016
6 1 (0.24%) Windows Server 2019
Processes & Methodologies
1 244 (59.08%) Agile
2 142 (34.38%) Investment Management
3 118 (28.57%) Migration
4 111 (26.88%) Roadmaps
5 99 (23.97%) Data Governance
6 98 (23.73%) Regulatory Compliance
7 84 (20.34%) Software Engineering
8 83 (20.10%) Asset Management
8 83 (20.10%) Data Management
9 72 (17.43%) Analytics
10 54 (13.08%) Problem-Solving
11 45 (10.90%) Low Latency
12 43 (10.41%) Risk Management
13 40 (9.69%) DevOps
14 39 (9.44%) Electronic Trading
15 33 (7.99%) Order Management
16 30 (7.26%) Full-Stack Development
17 27 (6.54%) CI/CD
18 25 (6.05%) Fintech
19 24 (5.81%) Front End Development
Programming Languages
1 123 (29.78%) Java
2 113 (27.36%) Python
3 83 (20.10%) JavaScript
4 76 (18.40%) TypeScript
5 74 (17.92%) SQL
6 67 (16.22%) C#
7 56 (13.56%) C++
8 7 (1.69%) Rust
9 5 (1.21%) Ruby
10 4 (0.97%) Shell Script
11 3 (0.73%) MATLAB
11 3 (0.73%) Perl
11 3 (0.73%) PowerShell
12 2 (0.48%) PL/SQL
12 2 (0.48%) T-SQL
13 1 (0.24%) Bash
13 1 (0.24%) C
13 1 (0.24%) R
Qualifications
1 35 (8.47%) Degree
2 7 (1.69%) Computer Science Degree
3 4 (0.97%) CCNA
3 4 (0.97%) CCNP
3 4 (0.97%) Cisco Certification
3 4 (0.97%) Master's Degree
4 3 (0.73%) Microsoft Certification
5 2 (0.48%) CFA
5 2 (0.48%) MBA
5 2 (0.48%) SC Cleared
5 2 (0.48%) Security Cleared
6 1 (0.24%) ISTQB
6 1 (0.24%) PhD
Quality Assurance & Compliance
1 39 (9.44%) MiFID
2 8 (1.94%) EMIR
3 7 (1.69%) Basel III
3 7 (1.69%) Data Quality
4 6 (1.45%) QA
5 2 (0.48%) Accessibility
5 2 (0.48%) Basel II
5 2 (0.48%) Dodd-Frank
5 2 (0.48%) SLA
6 1 (0.24%) GDPR
6 1 (0.24%) IFRS
6 1 (0.24%) ISO 20022
6 1 (0.24%) PMO
6 1 (0.24%) SEPA
6 1 (0.24%) TARGET2
System Software
1 12 (2.91%) Docker
2 1 (0.24%) Active Directory
2 1 (0.24%) FreeRADIUS
2 1 (0.24%) iptables
2 1 (0.24%) Platform Symphony
Systems Management
1 11 (2.66%) Kubernetes
2 5 (1.21%) ZABBIX
3 2 (0.48%) Control-M
3 2 (0.48%) Grafana
3 2 (0.48%) Terraform
4 1 (0.24%) Ansible
4 1 (0.24%) Cacti
4 1 (0.24%) Graylog
4 1 (0.24%) ITRS Geneos
4 1 (0.24%) Kibana
4 1 (0.24%) logstash
4 1 (0.24%) Nagios
4 1 (0.24%) Netcool
4 1 (0.24%) Prometheus
4 1 (0.24%) Proxmox
4 1 (0.24%) Puppet
4 1 (0.24%) Rundeck
4 1 (0.24%) SCCM
Vendors
1 37 (8.96%) Oracle
2 19 (4.60%) Murex
3 12 (2.91%) Microsoft
4 11 (2.66%) Atlassian
5 10 (2.42%) Bloomberg
6 7 (1.69%) Splunk
6 7 (1.69%) Sybase
7 6 (1.45%) Reuters
7 6 (1.45%) TIBCO
8 5 (1.21%) Nokia
8 5 (1.21%) SAP
9 4 (0.97%) Cisco
9 4 (0.97%) ION Trading
9 4 (0.97%) Refinitiv
10 3 (0.73%) Calypso
10 3 (0.73%) Citrix
10 3 (0.73%) IBM
10 3 (0.73%) SolarWinds
11 2 (0.48%) Adobe
11 2 (0.48%) ServiceNow