Period
to 18 September 2018

The median contractor rate for a Front Office Developer was £650 per day in advertised job vacancies in the City of London during the 6 months to 18 September 2018.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in 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.

Front Office Developer
Central London > City of London
6 months to
18 Sep 2018
Same period 2017 Same period 2016
Rank 183 153 210
Rank change year-on-year -30 +57 -3
Contract jobs requiring a Front Office Developer 71 93 33
As % of all contract IT jobs advertised in the City of London 1.02% 1.38% 0.49%
As % of the Job Titles category 1.07% 1.44% 0.51%
Number of daily rates quoted 61 82 33
City of London median daily rate £650 £613 £600
Median daily rate % change year-on-year +6.12% +2.08% -
10th Percentile £525 £519 £475
90th Percentile £775 £713 £688
Central London median daily rate £650 £600 £600
% change year-on-year +8.33% - -
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6,637 6,437 6,439
% of contract IT jobs with a recognized job title 94.92% 95.33% 95.56%
Number of daily rates quoted 5,234 4,996 5,162
City of London median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £313 £313 £305
90th Percentile £675 £675 £650
Central London median daily rate £500 £498 £462
% change year-on-year +0.50% +7.68% +2.67%
Number of hourly rates quoted 127 88 72
City of London median hourly rate £18.70 £18.10 £19.00
Median hourly rate % change year-on-year +3.31% -4.74% +5.56%
10th Percentile £13.00 £12.52 £11.28
90th Percentile £25.50 £30.23 £49.82
Central London median hourly rate £18.70 £18.70 £17.50
% change year-on-year +0.01% +6.84% -2.78%

Front Office Developer
Job Vacancy Trend in the City of London

Job postings that featured Front Office Developer in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Front Office Developer in the City of London

Front Office Developer
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Front Office Developer in the City of London.

Contractor daily rate trend for Front Office Developer in the City of London

Front Office Developer
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Front Office Developer in the City of London over the 6 months to 18 September 2018.

Contractor daily rate histogram for Front Office Developer in the City of London

Front Office Developer
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Front Office Developer in the City of London.

Contractor hourly rate trend for Front Office Developer in the City of London

Front Office Developer Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 18 September 2018, Front Office Developer contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region featuring Front Office Developer in the job title.

1 71 (100.00%) Front Office
2 39 (54.93%) Finance
3 31 (43.66%) C#
4 30 (42.25%) Java
5 29 (40.85%) Banking
6 23 (32.39%) SQL
6 23 (32.39%) Low Latency
7 21 (29.58%) Derivative
8 18 (25.35%) .NET
9 17 (23.94%) SQL Server
10 16 (22.54%) Java 8
11 15 (21.13%) Risk Management
11 15 (21.13%) Fixed Income
11 15 (21.13%) Equities
11 15 (21.13%) Investment Banking
11 15 (21.13%) Multithreading
12 14 (19.72%) Electronic Trading
13 11 (15.49%) C++
13 11 (15.49%) Python
13 11 (15.49%) Continuous Delivery
14 10 (14.08%) Microsoft Excel
14 10 (14.08%) VBA
14 10 (14.08%) Windows
14 10 (14.08%) Migration
14 10 (14.08%) Foreign Exchange (FX)
14 10 (14.08%) Algorithmic Trading
14 10 (14.08%) Agile Software Development
15 9 (12.68%) Market Risk
16 8 (11.27%) Credit Risk
16 8 (11.27%) Mathematics

Front Office Developer Skill Set
Co-occurring IT Skills in the City of London 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:

Applications
1 10 (14.08%) Microsoft Excel
2 1 (1.41%) Spreadsheet
Business Applications
1 3 (4.23%) ION MarketView
2 2 (2.82%) thinkFolio
Cloud Services
1 4 (5.63%) Cloud Computing
2 3 (4.23%) Office 365
3 2 (2.82%) Amazon AWS
3 2 (2.82%) Microsoft Azure
Database & Business Intelligence
1 17 (23.94%) SQL Server
2 6 (8.45%) MongoDB
3 5 (7.04%) NoSQL
3 5 (7.04%) SQL Server Analysis Services
4 4 (5.63%) Power BI
4 4 (5.63%) SQL Server Integration Services
5 3 (4.23%) Oracle Database
5 3 (4.23%) Relational Database
6 1 (1.41%) DB2
6 1 (1.41%) KDB
6 1 (1.41%) RDBMS
Development Applications
1 3 (4.23%) Atlassian Bamboo
1 3 (4.23%) JIRA
1 3 (4.23%) Maven
1 3 (4.23%) Subversion
2 2 (2.82%) Git (software)
2 2 (2.82%) NUnit
2 2 (2.82%) Visual Studio
2 2 (2.82%) Visual Studio Code
3 1 (1.41%) Bitbucket
3 1 (1.41%) Moq
3 1 (1.41%) MSTest
3 1 (1.41%) SpecFlow
General
1 71 (100.00%) Front Office
2 39 (54.93%) Finance
3 29 (40.85%) Banking
4 15 (21.13%) Investment Banking
5 3 (4.23%) Advertising
5 3 (4.23%) Financial Institution
Libraries, Frameworks & Software Standards
1 18 (25.35%) .NET
2 7 (9.86%) WCF
3 5 (7.04%) FIX Protocol
4 4 (5.63%) AngularJS
4 4 (5.63%) ASP.NET
4 4 (5.63%) Node.js
4 4 (5.63%) Socket.IO
4 4 (5.63%) WF
5 3 (4.23%) Middleware
5 3 (4.23%) Rendezvous
5 3 (4.23%) RxJS
5 3 (4.23%) WinForms
5 3 (4.23%) WPF
6 2 (2.82%) HTML
6 2 (2.82%) JMS
6 2 (2.82%) Kendo UI
6 2 (2.82%) LINQ
6 2 (2.82%) RabbitMQ
6 2 (2.82%) Spring
7 1 (1.41%) COM
Miscellaneous
1 21 (29.58%) Derivative
2 15 (21.13%) Equities
2 15 (21.13%) Fixed Income
3 10 (14.08%) Foreign Exchange (FX)
4 9 (12.68%) Market Risk
5 8 (11.27%) Credit Risk
6 7 (9.86%) Equity Derivative
7 5 (7.04%) Grid Computing
8 3 (4.23%) Algorithms
8 3 (4.23%) Data Structures
9 2 (2.82%) Hedge funds
9 2 (2.82%) Reference Data
10 1 (1.41%) Analytical Skills
10 1 (1.41%) Computer Science
10 1 (1.41%) Credit Derivative
10 1 (1.41%) Enterprise Software
10 1 (1.41%) Interest Rate Derivative
10 1 (1.41%) Social Media
10 1 (1.41%) Tandem
Operating Systems
1 10 (14.08%) Windows
2 6 (8.45%) Linux
3 3 (4.23%) Windows 10
Processes & Methodologies
1 23 (32.39%) Low Latency
2 15 (21.13%) Multithreading
2 15 (21.13%) Risk Management
3 14 (19.72%) Electronic Trading
4 11 (15.49%) Continuous Delivery
5 10 (14.08%) Agile Software Development
5 10 (14.08%) Algorithmic Trading
5 10 (14.08%) Migration
6 8 (11.27%) Business Intelligence
6 8 (11.27%) Mathematics
7 7 (9.86%) Analytics
7 7 (9.86%) Market Making
7 7 (9.86%) Quantitative Finance
8 6 (8.45%) OO
8 6 (8.45%) Web Development
9 4 (5.63%) Change Control
9 4 (5.63%) Multithreaded Programming
9 4 (5.63%) MVC
9 4 (5.63%) Open Source
9 4 (5.63%) Risk Analytics
Programming Languages
1 31 (43.66%) C#
2 30 (42.25%) Java
3 23 (32.39%) SQL
4 16 (22.54%) Java 8
5 11 (15.49%) C++
5 11 (15.49%) Python
6 10 (14.08%) VBA
7 6 (8.45%) JavaScript
8 4 (5.63%) Bash Shell
8 4 (5.63%) TypeScript
9 3 (4.23%) Perl
9 3 (4.23%) PL/SQL
9 3 (4.23%) PowerShell
10 2 (2.82%) R
11 1 (1.41%) T-SQL
Qualifications
1 1 (1.41%) Computer Science Degree
1 1 (1.41%) Degree
Quality Assurance & Compliance
1 1 (1.41%) QA
Systems Management
1 3 (4.23%) Control-M
Vendors
1 7 (9.86%) Microsoft
1 7 (9.86%) Oracle
2 3 (4.23%) ION Trading
3 2 (2.82%) Charles River
3 2 (2.82%) Currenex
3 2 (2.82%) TIBCO
4 1 (1.41%) Solace
4 1 (1.41%) Sybase
4 1 (1.41%) Typemock