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 2 June 2024 with a comparison to the same period over the previous 2 years.

6 months to
2 Jun 2024
Same period 2023 Same period 2022
Rank 167 230 329
Rank change year-on-year +63 +99 +19
Contract jobs citing Foreign Exchange (FX) 192 254 327
As % of all contract jobs with a WFH option 1.31% 1.05% 0.74%
As % of the Miscellaneous category 4.53% 3.31% 2.34%
Number of daily rates quoted 163 204 250
10th Percentile £663 £534 £463
25th Percentile £709 £647 £625
Median daily rate (50th Percentile) £800 £750 £725
Median % change year-on-year +6.67% +3.45% +11.54%
75th Percentile £888 £863 £800
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 4,234 7,672 13,998
As % of all contract jobs with a WFH option 28.91% 31.65% 31.65%
Number of daily rates quoted 2,887 5,442 10,085
10th Percentile £325 £363 £363
25th Percentile £440 £455 £450
Median daily rate (50th Percentile) £550 £550 £550
Median % change year-on-year - - +10.00%
75th Percentile £675 £683 £650
90th Percentile £825 £800 £750
UK median daily rate £538 £550 £550
% change year-on-year -2.18% - +10.00%
Number of hourly rates quoted 184 148 223
10th Percentile £15.73 £19.00 £15.00
25th Percentile £25.50 £25.53 £20.75
Median hourly rate £51.00 £52.50 £44.50
Median % change year-on-year -2.86% +17.98% +28.91%
75th Percentile £70.00 £70.00 £61.83
90th Percentile £72.50 £75.00 £68.65
UK median hourly rate £35.00 £22.00 £26.98
% change year-on-year +59.09% -18.46% +5.80%

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 2 June 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
1 102 (53.13%) Apache
1 102 (53.13%) Apache Airflow
2 5 (2.60%) SharePoint
3 2 (1.04%) Microsoft Exchange
3 2 (1.04%) Oracle Workflow
4 1 (0.52%) Confluence
4 1 (0.52%) MQSeries
Applications
1 5 (2.60%) Microsoft Excel
2 3 (1.56%) Microsoft Office
3 1 (0.52%) Houdini
Business Applications
1 3 (1.56%) SAP S/4HANA
2 2 (1.04%) SAP CO
2 2 (1.04%) SAP FI
2 2 (1.04%) SAP FI/CO
2 2 (1.04%) SAP SD
Cloud Services
1 127 (66.15%) AWS
2 102 (53.13%) dbt
3 90 (46.88%) Snowflake
4 51 (26.56%) GCP
5 14 (7.29%) Azure
6 11 (5.73%) Power Platform
7 5 (2.60%) Microsoft 365
8 4 (2.08%) Azure DevOps
9 3 (1.56%) Dynamics 365
9 3 (1.56%) Power Automate
9 3 (1.56%) PowerApps
10 2 (1.04%) Azure Pipelines
10 2 (1.04%) Entra ID
10 2 (1.04%) GitHub
10 2 (1.04%) SuccessFactors
11 1 (0.52%) SaaS
Communications & Networking
1 2 (1.04%) Firewall
1 2 (1.04%) HTTP
Database & Business Intelligence
1 102 (53.13%) Apache Arrow
1 102 (53.13%) Dremio
2 96 (50.00%) Amazon Athena
2 96 (50.00%) Apache Ignite
2 96 (50.00%) Data Lake
3 9 (4.69%) KDB
4 8 (4.17%) Power BI
5 6 (3.13%) Big Data
5 6 (3.13%) Relational Database
5 6 (3.13%) Tableau
6 5 (2.60%) SQL Server
7 2 (1.04%) Data Mart
7 2 (1.04%) Oracle Database
7 2 (1.04%) PostgreSQL
7 2 (1.04%) Power Query
Development Applications
1 6 (3.13%) Visual Studio
2 5 (2.60%) JIRA
3 4 (2.08%) Git
4 2 (1.04%) Jenkins
4 2 (1.04%) TeamCity
General
1 163 (84.90%) Finance
2 154 (80.21%) Front Office
3 130 (67.71%) Banking
4 113 (58.85%) Investment Banking
5 21 (10.94%) Social Skills
6 13 (6.77%) Analytical Skills
7 3 (1.56%) Back Office
7 3 (1.56%) Retail
8 2 (1.04%) Financial Institution
8 2 (1.04%) Wholesale Banking
9 1 (0.52%) General Ledger
9 1 (0.52%) Influencing Skills
9 1 (0.52%) Legal
Job Titles
1 72 (37.50%) Software Engineer
2 69 (35.94%) Developer
3 59 (30.73%) Senior
4 46 (23.96%) Lead
4 46 (23.96%) Python Engineer
4 46 (23.96%) Python Software Engineer
5 44 (22.92%) Senior Software Engineer
6 40 (20.83%) Java Engineer
6 40 (20.83%) Java Software Engineer
7 36 (18.75%) AWS Engineer
7 36 (18.75%) AWS Software Engineer
7 36 (18.75%) Developer/Software Engineer
8 30 (15.63%) Software Developer
9 28 (14.58%) Lead Developer
9 28 (14.58%) Lead Software Developer
9 28 (14.58%) Lead Software Engineer
9 28 (14.58%) Software Team Leader
9 28 (14.58%) Team Leader
10 26 (13.54%) Senior Java Engineer
10 26 (13.54%) Senior Java Software Engineer
Libraries, Frameworks & Software Standards
1 102 (53.13%) gRPC
1 102 (53.13%) Pandas
1 102 (53.13%) Protocol Buffers
2 96 (50.00%) NumPy
2 96 (50.00%) SciPy
3 15 (7.81%) React
4 7 (3.65%) HTML
5 6 (3.13%) AngularJS
5 6 (3.13%) FIX Protocol
5 6 (3.13%) Material-UI
5 6 (3.13%) Vue
6 5 (2.60%) CSS
7 2 (1.04%) ARM Templates
7 2 (1.04%) Murex MxML
7 2 (1.04%) Node.js
7 2 (1.04%) REST
7 2 (1.04%) Ultra Messaging
7 2 (1.04%) Web Services
7 2 (1.04%) WPF
7 2 (1.04%) XML
Miscellaneous
1 138 (71.88%) Derivative
2 137 (71.35%) Fixed Income
3 132 (68.75%) Equities
4 116 (60.42%) Hedge funds
5 23 (11.98%) Product Ownership
6 14 (7.29%) Pricing Data
7 7 (3.65%) Management Information System
8 4 (2.08%) Distributed Computing
8 4 (2.08%) Distributed Systems
9 3 (1.56%) Algorithms
10 2 (1.04%) Equity Derivative
10 2 (1.04%) Legacy Applications
10 2 (1.04%) Legacy Systems
10 2 (1.04%) Onboarding
10 2 (1.04%) SWIFT Messaging Network
11 1 (0.52%) Animation
11 1 (0.52%) Cloud Native
11 1 (0.52%) Data Structures
11 1 (0.52%) Wiki
Operating Systems
1 13 (6.77%) Linux
2 7 (3.65%) Unix
3 6 (3.13%) Windows
4 2 (1.04%) Windows Server
4 2 (1.04%) Windows Server 2016
Processes & Methodologies
1 138 (71.88%) Agile
2 122 (63.54%) Asset Management
3 105 (54.69%) Software Engineering
4 98 (51.04%) Investment Management
5 42 (21.88%) Analytics
6 39 (20.31%) Line Management
7 37 (19.27%) Greeks
8 24 (12.50%) Product Management
9 16 (8.33%) Problem-Solving
10 14 (7.29%) Artificial Intelligence
10 14 (7.29%) Machine Learning
11 10 (5.21%) Low Latency
11 10 (5.21%) OO
12 8 (4.17%) Collaborative Culture
13 7 (3.65%) Data Management
13 7 (3.65%) Multithreading
13 7 (3.65%) Roadmaps
13 7 (3.65%) SDLC
14 6 (3.13%) Data Architecture
14 6 (3.13%) Scrum
Programming Languages
1 142 (73.96%) Python
2 117 (60.94%) Java
3 110 (57.29%) JavaScript
4 103 (53.65%) TypeScript
5 32 (16.67%) SQL
6 8 (4.17%) C#
7 6 (3.13%) C++
7 6 (3.13%) Perl
7 6 (3.13%) Ruby
7 6 (3.13%) Scala
8 4 (2.08%) PowerShell
8 4 (2.08%) Shell Script
8 4 (2.08%) VBA
9 2 (1.04%) Data Analysis Expressions
10 1 (0.52%) Kotlin
Qualifications
1 9 (4.69%) Degree
2 5 (2.60%) Computer Science Degree
2 5 (2.60%) Numerate Degree
3 2 (1.04%) CCNA
3 2 (1.04%) Cisco Certification
3 2 (1.04%) Master's Degree
3 2 (1.04%) SC Cleared
3 2 (1.04%) Security Cleared
4 1 (0.52%) SAP Certification
Quality Assurance & Compliance
1 37 (19.27%) Data Quality
2 4 (2.08%) MiFID
3 2 (1.04%) EMIR
3 2 (1.04%) SEPA
4 1 (0.52%) GDPR
4 1 (0.52%) Sarbanes-Oxley
System Software
1 3 (1.56%) VMware Infrastructure
2 2 (1.04%) Active Directory
Systems Management
1 3 (1.56%) Ansible
2 2 (1.04%) ITRS Geneos
3 1 (0.52%) HP Quality Center
Vendors
1 8 (4.17%) Microsoft
2 5 (2.60%) SAP
3 4 (2.08%) Oracle
3 4 (2.08%) ServiceNow
4 3 (1.56%) Murex
4 3 (1.56%) Qualys
4 3 (1.56%) Solace
4 3 (1.56%) TIBCO
4 3 (1.56%) VMware
5 2 (1.04%) Bloomberg
5 2 (1.04%) Calypso
5 2 (1.04%) Cisco
5 2 (1.04%) Okta
5 2 (1.04%) OpenText
5 2 (1.04%) Reuters
6 1 (0.52%) Ariba
6 1 (0.52%) HP
6 1 (0.52%) IBM
6 1 (0.52%) ION Trading
6 1 (0.52%) Perforce