Foreign Exchange (FX) Contracts with Work from Home Options

Foreign Exchange (FX)
UK > Work from Home

The table below looks at the prevalence of the term Foreign Exchange (FX) in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Foreign Exchange (FX) over the 6 months to 16 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank 185 228 349
Rank change year-on-year +43 +121 -12
Contract jobs citing Foreign Exchange (FX) 170 266 292
As % of all contract jobs with a WFH option 1.15% 1.08% 0.66%
As % of the Miscellaneous category 4.00% 3.42% 2.11%
Number of daily rates quoted 143 216 216
10th Percentile £630 £550 £463
25th Percentile £706 £663 £600
Median daily rate (50th Percentile) £800 £775 £688
Median % change year-on-year +3.23% +12.69% +5.81%
75th Percentile £888 £863 £788
90th Percentile - £1,063 £850
UK median daily rate £800 £750 £725
% change year-on-year +6.67% +3.45% +7.41%

All Generic Skills
Work from Home

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 WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,251 7,781 13,858
As % of all contract jobs with a WFH option 28.72% 31.57% 31.53%
Number of daily rates quoted 2,907 5,495 9,916
10th Percentile £325 £363 £362
25th Percentile £438 £456 £438
Median daily rate (50th Percentile) £550 £550 £540
Median % change year-on-year - +1.85% +9.09%
75th Percentile £675 £688 £650
90th Percentile £825 £797 £750
UK median daily rate £540 £550 £550
% change year-on-year -1.82% - +10.00%
Number of hourly rates quoted 186 150 225
10th Percentile £15.88 £19.00 £13.66
25th Percentile £25.50 £25.71 £20.75
Median hourly rate £51.00 £52.50 £44.50
Median % change year-on-year -2.86% +17.98% +29.93%
75th Percentile £69.38 £70.00 £60.00
90th Percentile £72.50 £85.00 £66.90
UK median hourly rate £31.38 £22.49 £27.50
% change year-on-year +39.54% -18.24% +4.05%

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

Job vacancies with a work from home option citing Foreign Exchange (FX) as a proportion of all IT jobs advertised.

Foreign Exchange (FX) trend for jobs with a WFH option

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

3-month moving average daily rate quoted in job vacancies with a work from home option 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 a work from home option citing Foreign Exchange (FX) over the 6 months to 16 May 2024.

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 86 (50.59%) Apache Airflow
2 81 (47.65%) Apache
3 5 (2.94%) SharePoint
4 2 (1.18%) Microsoft Exchange
4 2 (1.18%) Oracle Workflow
5 1 (0.59%) Confluence
5 1 (0.59%) MQSeries
Applications
1 5 (2.94%) Microsoft Excel
2 3 (1.76%) Microsoft Office
3 1 (0.59%) Houdini
Business Applications
1 3 (1.76%) SAP S/4HANA
2 2 (1.18%) SAP CO
2 2 (1.18%) SAP FI
2 2 (1.18%) SAP FI/CO
2 2 (1.18%) SAP SD
3 1 (0.59%) Orchestrade
Cloud Services
1 105 (61.76%) AWS
2 81 (47.65%) dbt
3 74 (43.53%) Snowflake
4 45 (26.47%) GCP
5 16 (9.41%) Azure
6 6 (3.53%) Power Platform
7 5 (2.94%) Microsoft 365
8 4 (2.35%) Azure DevOps
9 3 (1.76%) Dynamics 365
9 3 (1.76%) Power Automate
9 3 (1.76%) PowerApps
10 2 (1.18%) Azure Pipelines
10 2 (1.18%) Entra ID
10 2 (1.18%) GitHub
10 2 (1.18%) SuccessFactors
11 1 (0.59%) SaaS
Communications & Networking
1 2 (1.18%) Firewall
1 2 (1.18%) HTTP
Database & Business Intelligence
1 81 (47.65%) Apache Arrow
1 81 (47.65%) Dremio
2 80 (47.06%) Amazon Athena
2 80 (47.06%) Apache Ignite
3 75 (44.12%) Data Lake
4 9 (5.29%) KDB
5 7 (4.12%) Relational Database
6 5 (2.94%) SQL Server
7 3 (1.76%) Power BI
8 2 (1.18%) Data Mart
8 2 (1.18%) Oracle Database
8 2 (1.18%) PostgreSQL
8 2 (1.18%) Power Query
9 1 (0.59%) Big Data
9 1 (0.59%) Tableau
Development Applications
1 6 (3.53%) Visual Studio
2 5 (2.94%) JIRA
3 4 (2.35%) Git
4 2 (1.18%) Jenkins
4 2 (1.18%) TeamCity
General
1 141 (82.94%) Finance
2 130 (76.47%) Front Office
3 109 (64.12%) Banking
4 95 (55.88%) Investment Banking
5 21 (12.35%) Social Skills
6 13 (7.65%) Analytical Skills
7 3 (1.76%) Back Office
7 3 (1.76%) Retail
8 2 (1.18%) Financial Institution
8 2 (1.18%) Wholesale Banking
9 1 (0.59%) General Ledger
9 1 (0.59%) Influencing Skills
9 1 (0.59%) Legal
Job Titles
1 62 (36.47%) Developer
2 60 (35.29%) Software Engineer
3 50 (29.41%) Senior
4 41 (24.12%) Lead
5 38 (22.35%) Python Engineer
5 38 (22.35%) Python Software Engineer
6 36 (21.18%) Senior Software Engineer
7 32 (18.82%) Developer/Software Engineer
7 32 (18.82%) Java Engineer
7 32 (18.82%) Java Software Engineer
8 28 (16.47%) AWS Engineer
8 28 (16.47%) AWS Software Engineer
9 26 (15.29%) Software Developer
10 24 (14.12%) Lead Developer
10 24 (14.12%) Lead Software Developer
10 24 (14.12%) Lead Software Engineer
10 24 (14.12%) Software Team Leader
10 24 (14.12%) Team Leader
11 23 (13.53%) Analyst
12 21 (12.35%) Python Developer
Libraries, Frameworks & Software Standards
1 86 (50.59%) gRPC
1 86 (50.59%) Pandas
1 86 (50.59%) Protocol Buffers
2 80 (47.06%) NumPy
2 80 (47.06%) SciPy
3 15 (8.82%) React
4 7 (4.12%) HTML
5 6 (3.53%) AngularJS
5 6 (3.53%) FIX Protocol
5 6 (3.53%) Material-UI
5 6 (3.53%) Vue
6 5 (2.94%) CSS
7 2 (1.18%) ARM Templates
7 2 (1.18%) Murex MxML
7 2 (1.18%) Node.js
7 2 (1.18%) REST
7 2 (1.18%) Ultra Messaging
7 2 (1.18%) Web Services
7 2 (1.18%) WPF
7 2 (1.18%) XML
Miscellaneous
1 115 (67.65%) Fixed Income
2 114 (67.06%) Derivative
3 110 (64.71%) Equities
4 94 (55.29%) Hedge funds
5 17 (10.00%) Product Ownership
6 10 (5.88%) Pricing Data
7 7 (4.12%) Management Information System
8 4 (2.35%) Distributed Computing
9 3 (1.76%) Algorithms
9 3 (1.76%) Distributed Systems
10 2 (1.18%) Equity Derivative
10 2 (1.18%) Greenfield Project
10 2 (1.18%) Legacy Applications
10 2 (1.18%) Legacy Systems
10 2 (1.18%) Onboarding
10 2 (1.18%) SWIFT Messaging Network
11 1 (0.59%) Animation
11 1 (0.59%) Cloud Native
11 1 (0.59%) Data Structures
11 1 (0.59%) Wiki
Operating Systems
1 11 (6.47%) Linux
2 7 (4.12%) Unix
3 6 (3.53%) Windows
4 2 (1.18%) Windows Server
4 2 (1.18%) Windows Server 2016
Processes & Methodologies
1 115 (67.65%) Agile
2 100 (58.82%) Asset Management
3 89 (52.35%) Software Engineering
4 82 (48.24%) Investment Management
5 36 (21.18%) Analytics
6 33 (19.41%) Line Management
7 31 (18.24%) Greeks
8 23 (13.53%) Product Management
9 16 (9.41%) Problem-Solving
10 15 (8.82%) Machine Learning
11 13 (7.65%) Artificial Intelligence
12 10 (5.88%) OO
13 9 (5.29%) Low Latency
14 8 (4.71%) BDD
14 8 (4.71%) Collaborative Culture
15 7 (4.12%) Data Management
15 7 (4.12%) Roadmaps
15 7 (4.12%) SDLC
16 6 (3.53%) Scrum
16 6 (3.53%) UX Design
Programming Languages
1 120 (70.59%) Python
2 100 (58.82%) Java
3 94 (55.29%) JavaScript
4 89 (52.35%) TypeScript
5 26 (15.29%) SQL
6 8 (4.71%) C#
7 6 (3.53%) C++
7 6 (3.53%) Perl
7 6 (3.53%) Ruby
7 6 (3.53%) Scala
8 4 (2.35%) PowerShell
8 4 (2.35%) Shell Script
8 4 (2.35%) VBA
9 2 (1.18%) Data Analysis Expressions
10 1 (0.59%) Kotlin
Qualifications
1 9 (5.29%) Degree
2 5 (2.94%) Computer Science Degree
2 5 (2.94%) Numerate Degree
3 2 (1.18%) CCNA
3 2 (1.18%) Cisco Certification
3 2 (1.18%) Master's Degree
3 2 (1.18%) SC Cleared
3 2 (1.18%) Security Cleared
4 1 (0.59%) SAP Certification
Quality Assurance & Compliance
1 31 (18.24%) Data Quality
2 4 (2.35%) MiFID
3 2 (1.18%) EMIR
3 2 (1.18%) QA
3 2 (1.18%) SEPA
4 1 (0.59%) GDPR
4 1 (0.59%) Sarbanes-Oxley
System Software
1 3 (1.76%) VMware Infrastructure
2 2 (1.18%) Active Directory
Systems Management
1 3 (1.76%) Ansible
2 2 (1.18%) ITRS Geneos
3 1 (0.59%) HP Quality Center
Vendors
1 8 (4.71%) Microsoft
2 5 (2.94%) SAP
3 4 (2.35%) Murex
3 4 (2.35%) Oracle
3 4 (2.35%) ServiceNow
4 3 (1.76%) Qualys
4 3 (1.76%) Solace
4 3 (1.76%) TIBCO
4 3 (1.76%) VMware
5 2 (1.18%) Bloomberg
5 2 (1.18%) Calypso
5 2 (1.18%) Cisco
5 2 (1.18%) Okta
5 2 (1.18%) OpenText
5 2 (1.18%) Reuters
6 1 (0.59%) Ariba
6 1 (0.59%) Barracuda Networks
6 1 (0.59%) Concur
6 1 (0.59%) HP
6 1 (0.59%) IBM