Foreign Exchange (FX) Contracts with Hybrid/Remote/WFH Options

Foreign Exchange (FX)
UK > Work from Home

The table below looks at the prevalence of the term Foreign Exchange (FX) in remote or hybrid contract work. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Foreign Exchange (FX) over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 114 199 217
Rank change year-on-year +85 +18 +155
Contract jobs citing Foreign Exchange (FX) 227 151 299
As % of all contract jobs with a WFH option 2.29% 0.98% 1.16%
As % of the Miscellaneous category 6.94% 3.43% 3.67%
Number of daily rates quoted 210 125 236
10th Percentile £638 £613 £550
25th Percentile £678 £700 £700
Median daily rate (50th Percentile) £800 £800 £775
Median % change year-on-year - +3.23% +15.67%
75th Percentile £897 £888 £875
90th Percentile £938 - £1,063
UK median daily rate £775 £750 £750
% change year-on-year +3.33% - +3.45%
Number of hourly rates quoted 3 0 0
10th Percentile - - -
25th Percentile £40.50 - -
Median hourly rate £41.00 - -
75th Percentile £41.50 - -
90th Percentile - - -
UK median hourly rate £41.00 £70.00 £64.25
% change year-on-year -41.43% +8.95% +49.42%

All Generic Skills
Work from Home

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 with remote or hybrid options requiring generic IT skills.

Contract vacancies with a requirement for generic IT skills 3,272 4,408 8,138
As % of all contract jobs with a WFH option 33.03% 28.73% 31.47%
Number of daily rates quoted 2,222 2,974 5,725
10th Percentile £350 £325 £363
25th Percentile £425 £431 £454
Median daily rate (50th Percentile) £545 £550 £550
Median % change year-on-year -0.91% - +2.33%
75th Percentile £680 £675 £688
90th Percentile £825 £800 £800
UK median daily rate £525 £538 £550
% change year-on-year -2.33% -2.27% -
Number of hourly rates quoted 76 199 151
10th Percentile £18.75 £15.48 £19.00
25th Percentile £26.25 £25.50 £31.38
Median hourly rate £41.75 £51.00 £57.50
Median % change year-on-year -18.14% -11.30% +29.21%
75th Percentile £64.57 £65.02 £70.00
90th Percentile £78.13 £72.50 £85.00
UK median hourly rate £32.05 £30.00 £22.49
% change year-on-year +6.83% +33.42% -18.24%

Foreign Exchange (FX)
Trend for Jobs with a WFH Option

Job vacancies with remote working options citing Foreign Exchange (FX) as a proportion of all IT jobs advertised.

Foreign Exchange (FX) trend for jobs with Hybrid/Remote/WFH options

Foreign Exchange (FX)
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with remote working options citing Foreign Exchange (FX).

Foreign Exchange (FX) daily rate for jobs with a WFH option

Foreign Exchange (FX)
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with remote working options citing Foreign Exchange (FX) over the 6 months to 1 May 2025.

Foreign Exchange (FX) daily rate histogram for jobs with a WFH option

Foreign Exchange (FX)
Co-occurring Skills and Capabilities with WFH Options 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 47 (20.70%) Apache Airflow
2 37 (16.30%) Apache
3 2 (0.88%) Microsoft Exchange
4 1 (0.44%) DataSynapse
4 1 (0.44%) Oracle SOA Suite
Applications
1 5 (2.20%) Microsoft Excel
2 3 (1.32%) Microsoft PowerPoint
3 1 (0.44%) Maya
3 1 (0.44%) Microsoft Office
3 1 (0.44%) ZBrush
Business Applications
1 1 (0.44%) Dynamics CRM
1 1 (0.44%) Fidessa
1 1 (0.44%) Kondor
1 1 (0.44%) Summit
Cloud Services
1 63 (27.75%) AWS
2 47 (20.70%) dbt
3 42 (18.50%) GCP
4 37 (16.30%) Snowflake
5 17 (7.49%) Amazon EC2
5 17 (7.49%) Amazon ECS
5 17 (7.49%) Amazon EKS
5 17 (7.49%) Dagster
6 14 (6.17%) Azure
7 5 (2.20%) npm
7 5 (2.20%) Yarn
8 2 (0.88%) Azure DevOps
8 2 (0.88%) Power Platform
9 1 (0.44%) Azure Monitor
9 1 (0.44%) Azure Service Bus
9 1 (0.44%) Dynamics 365
9 1 (0.44%) Figma
9 1 (0.44%) PowerApps
Communications & Networking
1 3 (1.32%) IMAP
1 3 (1.32%) Network Security
1 3 (1.32%) POP3
1 3 (1.32%) SMTP
2 1 (0.44%) BGP
2 1 (0.44%) Cisco IOS
2 1 (0.44%) IOS XR
2 1 (0.44%) MPLS
2 1 (0.44%) OSPF
Database & Business Intelligence
1 120 (52.86%) Data Lake
2 47 (20.70%) Amazon Athena
2 47 (20.70%) Apache Arrow
2 47 (20.70%) Apache Iceberg
2 47 (20.70%) Dremio
3 29 (12.78%) Apache Ignite
4 14 (6.17%) PostgreSQL
5 8 (3.52%) SQL Server
6 2 (0.88%) RDBMS
6 2 (0.88%) Relational Database
7 1 (0.44%) BigQuery
7 1 (0.44%) Data Mart
7 1 (0.44%) Data Warehouse
7 1 (0.44%) Elasticsearch
7 1 (0.44%) Looker
7 1 (0.44%) Power BI
7 1 (0.44%) SQL Server Reporting Services
7 1 (0.44%) Tableau
Development Applications
1 8 (3.52%) Git
2 5 (2.20%) webpack
3 4 (1.76%) JIRA
4 3 (1.32%) Jenkins
5 1 (0.44%) Maven
5 1 (0.44%) Visual Studio
General
1 203 (89.43%) Finance
2 169 (74.45%) Front Office
3 69 (30.40%) Banking
4 52 (22.91%) Investment Banking
5 38 (16.74%) Social Skills
6 29 (12.78%) Analytical Skills
7 8 (3.52%) Financial Institution
8 4 (1.76%) French Language
9 3 (1.32%) Back Office
10 1 (0.44%) Games
Job Titles
1 71 (31.28%) Developer
2 59 (25.99%) Software Engineer
3 47 (20.70%) AWS Engineer
3 47 (20.70%) AWS Software Engineer
4 37 (16.30%) Head of Finance
5 35 (15.42%) Senior
6 32 (14.10%) Java Engineer
6 32 (14.10%) Java Software Engineer
7 30 (13.22%) Developer/Software Engineer
8 28 (12.33%) Analyst
9 27 (11.89%) Python Engineer
9 27 (11.89%) Python Software Engineer
10 24 (10.57%) C# Developer
10 24 (10.57%) Lead
11 22 (9.69%) C++ Developer
11 22 (9.69%) Data Governance Analyst
11 22 (9.69%) Data Governance Manager
11 22 (9.69%) Governance Manager
12 21 (9.25%) C++/C# Developer
12 21 (9.25%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 40 (17.62%) NumPy
1 40 (17.62%) Pandas
2 39 (17.18%) SciPy
3 32 (14.10%) React
4 29 (12.78%) gRPC
4 29 (12.78%) Protocol Buffers
5 25 (11.01%) PySpark
6 21 (9.25%) .NET
6 21 (9.25%) AngularJS
7 20 (8.81%) ASP.NET
7 20 (8.81%) Web Services
8 19 (8.37%) Kafka
8 19 (8.37%) Redux
9 18 (7.93%) .NET Core
9 18 (7.93%) Vue
9 18 (7.93%) WCF
10 14 (6.17%) Node.js
11 8 (3.52%) CSS
12 6 (2.64%) RxJS
13 3 (1.32%) Sass
Miscellaneous
1 161 (70.93%) Fixed Income
2 159 (70.04%) Equities
3 150 (66.08%) Derivative
4 138 (60.79%) Hedge funds
5 33 (14.54%) Product Ownership
6 18 (7.93%) Legacy Applications
7 12 (5.29%) Pricing Data
8 2 (0.88%) Distributed Applications
8 2 (0.88%) Distributed Architecture
8 2 (0.88%) Greenfield Project
8 2 (0.88%) Interest Rate Derivative
8 2 (0.88%) Management Information System
8 2 (0.88%) Reference Data
8 2 (0.88%) Wiki
9 1 (0.44%) Distributed Computing
9 1 (0.44%) Distributed Systems
9 1 (0.44%) Onboarding
9 1 (0.44%) Self-Motivation
9 1 (0.44%) Team-Oriented Environment
9 1 (0.44%) Virtual Team
Operating Systems
1 12 (5.29%) Unix
2 5 (2.20%) Linux
3 3 (1.32%) Windows
4 1 (0.44%) Windows Server
4 1 (0.44%) Windows Server 2019
Processes & Methodologies
1 178 (78.41%) Agile
2 125 (55.07%) Investment Management
3 110 (48.46%) Migration
4 96 (42.29%) Data Governance
5 93 (40.97%) Regulatory Compliance
6 91 (40.09%) Roadmaps
7 71 (31.28%) Data Management
8 64 (28.19%) Software Engineering
9 60 (26.43%) Asset Management
10 33 (14.54%) Analytics
11 22 (9.69%) DevOps
11 22 (9.69%) Fintech
12 21 (9.25%) Problem-Solving
13 16 (7.05%) Electronic Trading
14 14 (6.17%) Order Management
14 14 (6.17%) Risk Management
15 13 (5.73%) Full-Stack Development
16 11 (4.85%) Low Latency
17 10 (4.41%) Performance Attribution
18 8 (3.52%) TDD
Programming Languages
1 72 (31.72%) Python
2 61 (26.87%) TypeScript
3 60 (26.43%) JavaScript
4 56 (24.67%) Java
5 27 (11.89%) C#
6 26 (11.45%) SQL
7 25 (11.01%) C++
8 3 (1.32%) Ruby
9 2 (0.88%) Perl
9 2 (0.88%) PowerShell
10 1 (0.44%) C
10 1 (0.44%) PL/SQL
10 1 (0.44%) T-SQL
Qualifications
1 7 (3.08%) Degree
2 3 (1.32%) Computer Science Degree
2 3 (1.32%) Master's Degree
3 2 (0.88%) CFA
3 2 (0.88%) MBA
4 1 (0.44%) CCNA
4 1 (0.44%) CCNP
4 1 (0.44%) Cisco Certification
4 1 (0.44%) ISTQB
4 1 (0.44%) Microsoft Certification
4 1 (0.44%) SC Cleared
4 1 (0.44%) Security Cleared
Quality Assurance & Compliance
1 30 (13.22%) MiFID
2 5 (2.20%) EMIR
3 4 (1.76%) Data Quality
4 2 (0.88%) Accessibility
4 2 (0.88%) Dodd-Frank
5 1 (0.44%) Basel III
5 1 (0.44%) PMO
5 1 (0.44%) QA
System Software
1 2 (0.88%) Docker
2 1 (0.44%) Platform Symphony
Systems Management
1 2 (0.88%) Kubernetes
2 1 (0.44%) Grafana
2 1 (0.44%) ITRS Geneos
2 1 (0.44%) Kibana
2 1 (0.44%) ZABBIX
Vendors
1 21 (9.25%) Oracle
2 5 (2.20%) Atlassian
3 3 (1.32%) Bloomberg
3 3 (1.32%) Splunk
3 3 (1.32%) TIBCO
4 2 (0.88%) Google
4 2 (0.88%) Murex
5 1 (0.44%) Cisco
5 1 (0.44%) CQG
5 1 (0.44%) IBM
5 1 (0.44%) ION Trading
5 1 (0.44%) Microsoft
5 1 (0.44%) Nokia
5 1 (0.44%) Refinitiv
5 1 (0.44%) Reuters
5 1 (0.44%) SolarWinds
5 1 (0.44%) Sybase
5 1 (0.44%) Tradeweb