Period
to 7 April 2020

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 7 April 2020 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
7 Apr 2020
Same period 2019 Same period 2018
Rank 256 366 212
Rank change year-on-year +110 -154 +14
Contract jobs citing Foreign Exchange (FX) 594 675 1,320
As % of all contract jobs advertised in the UK 0.98% 0.70% 1.30%
As % of the Miscellaneous category 3.06% 2.19% 3.99%
Number of daily rates quoted 473 537 1,060
Median daily rate £650 £625 £675
Median daily rate % change year-on-year +4.00% -7.34% +12.42%
10th Percentile £500 £405 £463
90th Percentile £788 £775 £814
UK excluding London median daily rate £500 £330 £390
% change year-on-year +51.52% -15.38% -13.33%
Number of hourly rates quoted 2 0 1
Median hourly rate £28.00 - £24.00
UK excluding London median hourly rate £21.00 - -

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 19,400 30,798 33,055
As % of all contract IT jobs advertised in the UK 31.91% 31.77% 32.48%
Number of daily rates quoted 12,036 20,006 21,698
Median daily rate £473 £475 £450
Median daily rate % change year-on-year -0.53% +5.56% +5.88%
10th Percentile £231 £275 £263
90th Percentile £675 £663 £650
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% -
Number of hourly rates quoted 944 999 1,021
Median hourly rate £26.00 £21.00 £21.50
Median hourly rate % change year-on-year +23.81% -2.33% +9.36%
10th Percentile £12.83 £11.85 £11.61
90th Percentile £53.00 £50.00 £50.67
Median hourly rate £22.50 £20.00 £21.00
% change year-on-year +12.50% -4.76% +16.67%

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 7 April 2020.

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 7 April 2020.

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

Foreign Exchange (FX)
Top 13 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 7 April 2020. 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 +118 585 £650 - 80
London +81 566 £650 - 73
UK excluding London +105 27 £500 +51.52% 7
Midlands +74 9 £525 +26.51% 3
Scotland +27 7 £463 +53.91%
North of England +78 5 £463 +68.18%
West Midlands +67 5 £525 +26.89% 2
South West +40 4 £300 +57.89% 2
East Midlands +32 4 £513 +20.59% 1
North West +44 3 £500 +81.82%
Northern Ireland +6 2 £345 +7.64%
North East - 2 £425 -
Work from Home +3 1 £488 +57.26% 2

For the 6 months to 7 April 2020, 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).

1 351 (59.09%) Finance
2 344 (57.91%) Front Office
3 331 (55.72%) Java
4 304 (51.18%) Banking
5 265 (44.61%) Agile Software Development
6 209 (35.19%) Fixed Income
7 203 (34.18%) JavaScript
8 180 (30.30%) Equities
9 172 (28.96%) Derivative
10 171 (28.79%) Investment Banking
11 159 (26.77%) Web Services
12 157 (26.43%) React
13 152 (25.59%) C#
13 152 (25.59%) Python
14 151 (25.42%) AWS
15 147 (24.75%) SQL
16 142 (23.91%) Asset Management
16 142 (23.91%) Hedge funds
17 139 (23.40%) Software Engineering
18 132 (22.22%) AngularJS
19 116 (19.53%) Multithreading
20 107 (18.01%) Azure
21 106 (17.85%) Electronic Trading
22 102 (17.17%) Microservices
23 99 (16.67%) GCP
24 91 (15.32%) TDD
25 86 (14.48%) Investment Management
26 85 (14.31%) Low Latency
26 85 (14.31%) HTML
26 85 (14.31%) DevOps

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 18 (3.03%) Apache Spark
2 13 (2.19%) Oracle Coherence
3 10 (1.68%) Elasticsearch
4 5 (0.84%) Apache
5 2 (0.34%) IIS
5 2 (0.34%) MQSeries
6 1 (0.17%) Apache Qpid
6 1 (0.17%) Cloud Foundry
6 1 (0.17%) Confluence
6 1 (0.17%) DataSynapse
6 1 (0.17%) Oracle Application Server
6 1 (0.17%) SharePoint
Applications
1 12 (2.02%) Microsoft Excel
2 6 (1.01%) Spreadsheet
3 1 (0.17%) Adobe Illustrator
3 1 (0.17%) Adobe Premiere
3 1 (0.17%) Microsoft Office
3 1 (0.17%) Microsoft PowerPoint
3 1 (0.17%) MS Visio
3 1 (0.17%) Photoshop
Business Applications
1 34 (5.72%) FINCAD Analytics
2 23 (3.87%) Markit EDM
3 20 (3.37%) SimCorp Dimension
4 9 (1.52%) ION MarketView
5 7 (1.18%) thinkFolio
6 5 (0.84%) Distributed Ledger
7 3 (0.51%) BusinessWorks
7 3 (0.51%) Endur
7 3 (0.51%) PolarLake
7 3 (0.51%) RMDS
8 2 (0.34%) SAP ERP
9 1 (0.17%) Oracle Assets
9 1 (0.17%) Oracle Cash Management
9 1 (0.17%) Oracle EBS
9 1 (0.17%) Oracle FAH
9 1 (0.17%) Oracle General Ledger
9 1 (0.17%) Oracle Payables
9 1 (0.17%) Oracle Receivables
9 1 (0.17%) SAP Oil and Gas
9 1 (0.17%) SAP S/4HANA
Cloud Services
1 151 (25.42%) AWS
2 107 (18.01%) Azure
3 99 (16.67%) GCP
4 34 (5.72%) AWS Step Functions
5 15 (2.53%) Amazon ECS
5 15 (2.53%) Amazon SQS
6 7 (1.18%) PaaS
7 6 (1.01%) Cloud Computing
7 6 (1.01%) GitHub
8 3 (0.51%) IaaS
8 3 (0.51%) npm
8 3 (0.51%) SaaS
9 2 (0.34%) Power Platform
10 1 (0.17%) Amazon CloudWatch
10 1 (0.17%) Amazon EMR
10 1 (0.17%) Amazon S3
10 1 (0.17%) AWS Lambda
10 1 (0.17%) Serverless
Communications & Networking
1 16 (2.69%) RTMP
2 6 (1.01%) Firewall
2 6 (1.01%) TCP/IP
3 4 (0.67%) HTTP
3 4 (0.67%) Multicast
4 3 (0.51%) SSL
5 2 (0.34%) VPN
6 1 (0.17%) HTTPS
6 1 (0.17%) MQTT
6 1 (0.17%) Reverse Proxy
6 1 (0.17%) VoIP
Database & Business Intelligence
1 56 (9.43%) NoSQL
2 45 (7.58%) Relational Database
3 42 (7.07%) Amazon Athena
4 41 (6.90%) MongoDB
5 37 (6.23%) PostgreSQL
5 37 (6.23%) Redis
6 36 (6.06%) Amazon DynamoDB
6 36 (6.06%) SQL Server
7 30 (5.05%) RDBMS
8 29 (4.88%) Amazon Aurora
8 29 (4.88%) Apache Cassandra
9 27 (4.55%) Couchbase
9 27 (4.55%) DB2
9 27 (4.55%) HBase
9 27 (4.55%) MariaDB
9 27 (4.55%) Neo4j
10 16 (2.69%) Amazon Redshift
11 13 (2.19%) Flink
11 13 (2.19%) Tick Data
12 12 (2.02%) KDB
Development Applications
1 45 (7.58%) Jenkins
2 34 (5.72%) JIRA
3 29 (4.88%) Git (software)
4 25 (4.21%) RStudio
5 23 (3.87%) Subversion
6 21 (3.54%) TeamCity
7 15 (2.53%) JUnit
8 14 (2.36%) NUnit
9 13 (2.19%) Maven
10 12 (2.02%) Octopus Deploy
11 8 (1.35%) Gradle
11 8 (1.35%) Mockito
11 8 (1.35%) Visual Studio
12 6 (1.01%) ReSharper
13 5 (0.84%) Selenium
14 4 (0.67%) GitLab
14 4 (0.67%) Grunt
14 4 (0.67%) SonarQube
14 4 (0.67%) Team Foundation Server
15 3 (0.51%) webpack
General
1 351 (59.09%) Finance
2 344 (57.91%) Front Office
3 304 (51.18%) Banking
4 171 (28.79%) Investment Banking
5 11 (1.85%) Back Office
6 7 (1.18%) Retail
7 3 (0.51%) Financial Institution
7 3 (0.51%) Legal
8 2 (0.34%) Retail Banking
8 2 (0.34%) Telecoms
9 1 (0.17%) Advertising
9 1 (0.17%) Corporate Banking
9 1 (0.17%) General Ledger
9 1 (0.17%) Manufacturing
Job Titles
1 386 (64.98%) Developer
2 178 (29.97%) Java Developer
3 91 (15.32%) Front Office Developer
4 82 (13.80%) Senior Developer
5 79 (13.30%) AWS Developer
6 67 (11.28%) Analyst
7 53 (8.92%) Electronic Trading Developer
8 52 (8.75%) Python Developer
9 51 (8.59%) C# Developer
10 49 (8.25%) Full Stack Developer
11 47 (7.91%) Senior Java Developer
12 46 (7.74%) JavaScript Developer
13 43 (7.24%) AWS Engineer
13 43 (7.24%) Electronic Trading Java Developer
14 38 (6.40%) Business Analyst
15 37 (6.23%) Architect
16 29 (4.88%) Quantitative Developer
17 25 (4.21%) React Developer
18 24 (4.04%) UI Developer
19 23 (3.87%) Java Engineer
Libraries, Frameworks & Software Standards
1 159 (26.77%) Web Services
2 157 (26.43%) React
3 132 (22.22%) AngularJS
4 85 (14.31%) HTML
5 80 (13.47%) .NET
6 74 (12.46%) CSS
7 72 (12.12%) Vue.js
8 64 (10.77%) J2EE
9 57 (9.60%) Node.js
10 51 (8.59%) HTML5
10 51 (8.59%) Spring
11 42 (7.07%) WPF
12 38 (6.40%) Spring Boot
13 29 (4.88%) FIX Protocol
13 29 (4.88%) Kafka
14 27 (4.55%) Redux
15 25 (4.21%) Hibernate
16 19 (3.20%) Middleware
16 19 (3.20%) Sass
16 19 (3.20%) WCF
Miscellaneous
1 209 (35.19%) Fixed Income
2 180 (30.30%) Equities
3 172 (28.96%) Derivative
4 142 (23.91%) Hedge funds
5 78 (13.13%) Analytical Skills
6 40 (6.73%) Equity Derivative
7 38 (6.40%) Blog
8 37 (6.23%) Greenfield Project
9 31 (5.22%) Data Structures
10 24 (4.04%) Reference Data
11 23 (3.87%) Market Risk
12 20 (3.37%) User Experience
13 17 (2.86%) Credit Risk
14 10 (1.68%) Virtual Team
15 8 (1.35%) Algorithms
15 8 (1.35%) Enterprise Software
16 7 (1.18%) Grid Computing
16 7 (1.18%) Public Cloud
17 3 (0.51%) Management Information System
17 3 (0.51%) OTC Derivatives
Operating Systems
1 25 (4.21%) Linux
2 13 (2.19%) Unix
3 11 (1.85%) Windows
4 5 (0.84%) Red Hat Enterprise Linux
5 2 (0.34%) Windows Server
6 1 (0.17%) Apple iOS
6 1 (0.17%) Windows Server 2012
Processes & Methodologies
1 265 (44.61%) Agile Software Development
2 142 (23.91%) Asset Management
3 139 (23.40%) Software Engineering
4 116 (19.53%) Multithreading
5 106 (17.85%) Electronic Trading
6 102 (17.17%) Microservices
7 91 (15.32%) TDD
8 86 (14.48%) Investment Management
9 85 (14.31%) DevOps
9 85 (14.31%) Low Latency
10 84 (14.14%) Portfolio Management
11 75 (12.63%) Analytics
12 63 (10.61%) Business Analysis
13 56 (9.43%) Test Automation
14 55 (9.26%) SDLC
15 53 (8.92%) Decision-Making
16 48 (8.08%) BDD
16 48 (8.08%) Continuous Integration
17 45 (7.58%) Mathematics
18 44 (7.41%) Algorithmic Trading
Programming Languages
1 331 (55.72%) Java
2 203 (34.18%) JavaScript
3 152 (25.59%) C#
3 152 (25.59%) Python
4 147 (24.75%) SQL
5 56 (9.43%) C++
6 48 (8.08%) Kotlin
7 38 (6.40%) TypeScript
8 21 (3.54%) Java 8
9 20 (3.37%) Scala
10 15 (2.53%) R
11 11 (1.85%) C
11 11 (1.85%) VBA
12 10 (1.68%) PHP
13 6 (1.01%) Haskell
13 6 (1.01%) Perl
14 4 (0.67%) T-SQL
14 4 (0.67%) XAML
15 3 (0.51%) ES6
16 2 (0.34%) Groovy
Qualifications
1 52 (8.75%) Degree
2 20 (3.37%) Computer Science Degree
3 2 (0.34%) ISEB
3 2 (0.34%) Master's Degree
4 1 (0.17%) (ISC)2 CCSP
4 1 (0.17%) AWS Certification
4 1 (0.17%) BPSS Clearance
4 1 (0.17%) CCSP
4 1 (0.17%) CEH
4 1 (0.17%) Cisco Certification
4 1 (0.17%) CISSP
4 1 (0.17%) CompTIA Security+
4 1 (0.17%) Microsoft Certification
4 1 (0.17%) SSCP
Quality Assurance & Compliance
1 22 (3.70%) QA
2 5 (0.84%) MiFID
3 3 (0.51%) Data Quality
3 3 (0.51%) EMIR
4 2 (0.34%) IFRS
4 2 (0.34%) Solvency II
5 1 (0.17%) AIFMD
5 1 (0.17%) Dodd-Frank
5 1 (0.17%) PSD2
5 1 (0.17%) SEPA
5 1 (0.17%) SLA
5 1 (0.17%) UCITS
System Software
1 23 (3.87%) Docker
Systems Management
1 17 (2.86%) Terraform
2 5 (0.84%) Ansible
3 4 (0.67%) Kubernetes
4 3 (0.51%) BladeLogic
4 3 (0.51%) HP Quality Center
5 2 (0.34%) Opscode Chef
6 1 (0.17%) Docker Swarm
6 1 (0.17%) Grafana
6 1 (0.17%) Kibana
6 1 (0.17%) logstash
6 1 (0.17%) Prometheus
Vendors
1 64 (10.77%) Oracle
2 57 (9.60%) Google
3 30 (5.05%) Charles River
3 30 (5.05%) Sybase
4 29 (4.88%) Bloomberg
5 26 (4.38%) Microsoft
6 21 (3.54%) Calypso
6 21 (3.54%) GoldenSource
6 21 (3.54%) SimCorp
7 18 (3.03%) Remedy
8 17 (2.86%) TIBCO
9 12 (2.02%) ION Trading
10 11 (1.85%) Murex
10 11 (1.85%) Splunk
11 8 (1.35%) Terracotta
12 7 (1.18%) IBM
13 6 (1.01%) Reuters
14 5 (0.84%) Red Hat
14 5 (0.84%) Solace
14 5 (0.84%) Tableau