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 have cited Foreign Exchange (FX) over the 6 months to 29 April 2024 with a comparison to the same period over the previous 2 years.

6 months to
29 Apr 2024
Same period 2023 Same period 2022
Rank 283 218 258
Rank change year-on-year -65 +40 -22
Contract jobs citing Foreign Exchange (FX) 361 733 970
As % of all contract jobs advertised in the UK 0.83% 1.23% 1.09%
As % of the Miscellaneous category 2.73% 3.69% 3.31%
Number of daily rates quoted 288 595 815
10th Percentile £548 £550 £538
25th Percentile £650 £638 £600
Median daily rate (50th Percentile) £750 £750 £725
Median % change year-on-year - +3.45% +7.41%
75th Percentile £875 £863 £800
90th Percentile £888 £950 £883
UK excluding London median daily rate £600 £500 £531
% change year-on-year +20.00% -5.88% -7.61%
Number of hourly rates quoted 6 1 1
10th Percentile - - -
25th Percentile - - £42.50
Median hourly rate £70.00 £64.25 £43.00
Median % change year-on-year +8.95% +49.42% -
75th Percentile - - £43.50
90th Percentile - - -
UK excluding London median hourly rate £70.00 - £43.00

All Generic Skills
UK

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.

Contract vacancies with a requirement for generic IT skills 13,239 19,871 29,302
As % of all contract IT jobs advertised in the UK 30.37% 33.29% 33.02%
Number of daily rates quoted 8,498 13,667 20,456
10th Percentile £263 £308 £313
25th Percentile £413 £450 £432
Median daily rate (50th Percentile) £538 £550 £550
Median % change year-on-year -2.18% - +10.00%
75th Percentile £659 £680 £656
90th Percentile £788 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 907 640 726
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £30.00 £22.49 £27.50
Median % change year-on-year +33.42% -18.24% +3.19%
75th Percentile £60.75 £65.00 £50.00
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £27.50 £22.00 £20.00
% change year-on-year +25.00% +10.00% -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 29 April 2024.

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 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 29 April 2024. 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 -57 348 £763 +1.67% 208
London -47 320 £800 +6.67% 181
Work from Home +3 148 £800 +3.23% 62
UK excluding London +80 28 £600 +20.00% 30
South West +23 12 £570 - 13
Midlands +35 9 £600 - 4
East Midlands +27 6 £600 - 1
West Midlands +30 3 - - 3
East of England - 3 £600 - 4
Scotland +35 2 £539 -8.34% 2
North of England +23 1 £625 +25.00% 1
North West +18 1 £625 +25.00% 1
South East +17 1 £600 - 4

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 77 (21.33%) Apache Airflow
2 70 (19.39%) Apache
3 9 (2.49%) SharePoint
4 7 (1.94%) Confluence
5 3 (0.83%) Microsoft Exchange
6 2 (0.55%) Oracle Workflow
7 1 (0.28%) IIS
7 1 (0.28%) MQSeries
7 1 (0.28%) Tomcat
7 1 (0.28%) WebSphere
Applications
1 13 (3.60%) Microsoft Excel
2 6 (1.66%) Microsoft Office
3 5 (1.39%) Microsoft PowerPoint
3 5 (1.39%) Microsoft Project
4 4 (1.11%) MS Visio
5 1 (0.28%) Houdini
Business Applications
1 11 (3.05%) Aladdin
2 10 (2.77%) SAP S/4HANA
3 7 (1.94%) ION MarketView
4 5 (1.39%) SAP CO
4 5 (1.39%) SAP FI
4 5 (1.39%) SAP FI/CO
5 4 (1.11%) Oracle Subledger Accounting
6 3 (0.83%) Orchestrade
7 2 (0.55%) Endur
7 2 (0.55%) SAP SD
8 1 (0.28%) Actimize
8 1 (0.28%) IntelliMatch
8 1 (0.28%) Markit EDM
8 1 (0.28%) Oracle FAH
8 1 (0.28%) Oracle General Ledger
8 1 (0.28%) RMDS
8 1 (0.28%) thinkFolio
Cloud Services
1 142 (39.34%) AWS
2 86 (23.82%) GCP
3 69 (19.11%) dbt
4 64 (17.73%) Snowflake
5 60 (16.62%) Azure
6 11 (3.05%) Microsoft 365
6 11 (3.05%) Power Platform
7 10 (2.77%) GitHub
8 9 (2.49%) Power Automate
8 9 (2.49%) PowerApps
9 8 (2.22%) Entra ID
10 6 (1.66%) Dynamics 365
10 6 (1.66%) PaaS
11 5 (1.39%) Azure API Management
11 5 (1.39%) Azure Cosmos DB
11 5 (1.39%) Azure Key Vault
11 5 (1.39%) Azure Service Bus
11 5 (1.39%) Azure Storage
11 5 (1.39%) npm
11 5 (1.39%) Yarn
Communications & Networking
1 4 (1.11%) HTTPS
1 4 (1.11%) Internet
2 3 (0.83%) Firewall
2 3 (0.83%) HTTP
3 1 (0.28%) FIX Connectivity
3 1 (0.28%) Multicast
Database & Business Intelligence
1 69 (19.11%) Amazon Athena
1 69 (19.11%) Apache Arrow
1 69 (19.11%) Apache Ignite
1 69 (19.11%) Dremio
2 62 (17.17%) Data Lake
3 25 (6.93%) KDB
4 12 (3.32%) Relational Database
5 9 (2.49%) Data Mart
5 9 (2.49%) SQL Server
6 5 (1.39%) Azure SQL Database
6 5 (1.39%) Power BI
7 4 (1.11%) Metadata
7 4 (1.11%) Oracle Database
7 4 (1.11%) PostgreSQL
8 2 (0.55%) Power Query
9 1 (0.28%) Apache Cassandra
9 1 (0.28%) MongoDB
9 1 (0.28%) QlikView
9 1 (0.28%) RDBMS
9 1 (0.28%) Tableau
Development Applications
1 30 (8.31%) JIRA
2 15 (4.16%) Jenkins
3 13 (3.60%) Git
4 7 (1.94%) GoogleTest
5 6 (1.66%) Visual Studio
6 5 (1.39%) Postman
6 5 (1.39%) webpack
7 4 (1.11%) Cucumber
8 2 (0.55%) Babel
8 2 (0.55%) IBM UrbanCode
8 2 (0.55%) TeamCity
9 1 (0.28%) Selenium
General
1 232 (64.27%) Finance
2 193 (53.46%) Front Office
3 164 (45.43%) Banking
4 117 (32.41%) Investment Banking
5 64 (17.73%) Social Skills
6 30 (8.31%) Analytical Skills
7 12 (3.32%) Back Office
8 6 (1.66%) Financial Institution
8 6 (1.66%) Wholesale Banking
9 5 (1.39%) General Ledger
9 5 (1.39%) Presentation Skills
10 4 (1.11%) Corporate Banking
10 4 (1.11%) Inclusion and Diversity
10 4 (1.11%) Retail
11 3 (0.83%) French Language
12 2 (0.55%) Influencing Skills
12 2 (0.55%) Law
12 2 (0.55%) Legal
12 2 (0.55%) Organisational Skills
12 2 (0.55%) Public Sector
Job Titles
1 143 (39.61%) Developer
2 82 (22.71%) Software Engineer
3 72 (19.94%) Analyst
4 67 (18.56%) Senior
5 55 (15.24%) Developer/Software Engineer
6 54 (14.96%) Business Analyst
7 45 (12.47%) Lead
8 44 (12.19%) Finance Manager
9 43 (11.91%) Java Developer
10 39 (10.80%) Senior Developer
11 34 (9.42%) .NET Developer
12 30 (8.31%) Java Engineer
12 30 (8.31%) Java Software Engineer
13 28 (7.76%) Financial Analyst
13 28 (7.76%) Python Engineer
13 28 (7.76%) Python Software Engineer
14 27 (7.48%) .NET Software Engineer
14 27 (7.48%) Architect
15 26 (7.20%) Lead Developer
15 26 (7.20%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 75 (20.78%) gRPC
1 75 (20.78%) Pandas
1 75 (20.78%) Protocol Buffers
2 68 (18.84%) NumPy
2 68 (18.84%) SciPy
3 60 (16.62%) React
4 39 (10.80%) .NET
5 26 (7.20%) FIX Protocol
5 26 (7.20%) Redux
6 22 (6.09%) .NET Core
7 20 (5.54%) AngularJS
8 18 (4.99%) Vue
9 16 (4.43%) CSS
10 15 (4.16%) HTML
11 12 (3.32%) ASP.NET
11 12 (3.32%) ASP.NET Core
11 12 (3.32%) Middleware
12 9 (2.49%) Rendezvous
13 8 (2.22%) Material-UI
13 8 (2.22%) Web Services
Miscellaneous
1 170 (47.09%) Fixed Income
2 167 (46.26%) Derivative
3 155 (42.94%) Equities
4 127 (35.18%) Hedge funds
5 34 (9.42%) Product Ownership
6 15 (4.16%) Distributed Systems
6 15 (4.16%) Management Information System
7 14 (3.88%) Greenfield Project
8 11 (3.05%) Algorithms
9 10 (2.77%) Self-Motivation
10 8 (2.22%) Distributed Computing
11 7 (1.94%) Data Structures
11 7 (1.94%) SWIFT Messaging Network
12 5 (1.39%) Data Protection Act
13 4 (1.11%) Equity Derivative
13 4 (1.11%) Linux Command Line
13 4 (1.11%) Pricing Data
14 3 (0.83%) Market Risk
14 3 (0.83%) Onboarding
14 3 (0.83%) PMI
Operating Systems
1 25 (6.93%) Unix
2 24 (6.65%) Linux
3 9 (2.49%) Windows
4 4 (1.11%) Apple iOS
5 2 (0.55%) Red Hat Enterprise Linux
5 2 (0.55%) Windows Server
5 2 (0.55%) Windows Server 2016
6 1 (0.28%) VMS
Processes & Methodologies
1 205 (56.79%) Agile
2 141 (39.06%) Asset Management
3 127 (35.18%) Software Engineering
4 114 (31.58%) Investment Management
5 49 (13.57%) DevOps
6 48 (13.30%) Analytics
7 47 (13.02%) Fintech
8 41 (11.36%) TDD
9 39 (10.80%) Problem-Solving
10 38 (10.53%) Electronic Trading
11 36 (9.97%) Line Management
11 36 (9.97%) Low Latency
12 31 (8.59%) Full Stack Development
13 29 (8.03%) Machine Learning
14 27 (7.48%) Artificial Intelligence
15 25 (6.93%) Roadmaps
16 23 (6.37%) E-Commerce
16 23 (6.37%) Product Management
16 23 (6.37%) SDLC
17 22 (6.09%) Greeks
Programming Languages
1 146 (40.44%) Python
2 141 (39.06%) Java
3 129 (35.73%) JavaScript
4 112 (31.02%) TypeScript
5 59 (16.34%) SQL
6 47 (13.02%) C#
7 20 (5.54%) C++
8 9 (2.49%) Perl
9 6 (1.66%) PowerShell
9 6 (1.66%) Ruby
9 6 (1.66%) Scala
10 5 (1.39%) Shell Script
10 5 (1.39%) VBA
11 2 (0.55%) Data Analysis Expressions
11 2 (0.55%) VB
12 1 (0.28%) Kotlin
12 1 (0.28%) PL/SQL
12 1 (0.28%) VBScript
12 1 (0.28%) XPath
Qualifications
1 21 (5.82%) Degree
2 11 (3.05%) Computer Science Degree
3 8 (2.22%) Numerate Degree
4 6 (1.66%) Security Cleared
5 5 (1.39%) SC Cleared
6 4 (1.11%) Master's Degree
7 3 (0.83%) CCNA
7 3 (0.83%) CISA
7 3 (0.83%) Cisco Certification
7 3 (0.83%) CISM
7 3 (0.83%) CISSP
7 3 (0.83%) PMI Certification
8 2 (0.55%) ISEB
8 2 (0.55%) ISEB Practitioner
9 1 (0.28%) SAP Certification
Quality Assurance & Compliance
1 34 (9.42%) QA
2 28 (7.76%) Data Quality
3 8 (2.22%) MiFID
3 8 (2.22%) SEPA
4 7 (1.94%) MISRA
5 4 (1.11%) EMIR
5 4 (1.11%) GAAP
6 3 (0.83%) PMO
7 1 (0.28%) COREP
7 1 (0.28%) GDPR
7 1 (0.28%) IFRS
7 1 (0.28%) IFRS 17
7 1 (0.28%) IFRS 9
7 1 (0.28%) P3O
7 1 (0.28%) Sarbanes-Oxley
7 1 (0.28%) SLA
System Software
1 8 (2.22%) Active Directory
2 4 (1.11%) Docker
3 3 (0.83%) VMware Infrastructure
Systems Management
1 5 (1.39%) ITRS Geneos
1 5 (1.39%) Kubernetes
2 4 (1.11%) Ansible
3 3 (0.83%) HP Quality Center
4 2 (0.55%) Terraform
5 1 (0.28%) Control-M
5 1 (0.28%) Grafana
Vendors
1 30 (8.31%) Microsoft
2 22 (6.09%) Bloomberg
3 17 (4.71%) SAP
4 16 (4.43%) Murex
5 14 (3.88%) Oracle
6 12 (3.32%) TIBCO
7 11 (3.05%) BISAM
7 11 (3.05%) ION Trading
8 10 (2.77%) Solace
9 7 (1.94%) Google
10 6 (1.66%) ServiceNow
11 5 (1.39%) Refinitiv
12 4 (1.11%) Atlassian
13 3 (0.83%) Barracuda Networks
13 3 (0.83%) Calypso
13 3 (0.83%) Cisco
13 3 (0.83%) IBM
13 3 (0.83%) Qualys
13 3 (0.83%) Tradeweb
13 3 (0.83%) VMware