The median contractor rate for a Front Office Developer was £600 per day in advertised job vacancies in the City of London during the 3 months to 27 June 2017.

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
London / City of London
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 123 147 171
Rank change year-on-year +24 +24  
Contract jobs requiring a Front Office Developer 41 16 30
As % of all contract IT jobs advertised in the City of London 1.24% 0.47% 0.52%
As % of the Job Titles category 1.30% 0.49% 0.55%
Number of daily rates quoted 31 16 30
Median daily rate £600 £600 £600
90% offered a daily rate of more than £525 £500 £534
10% offered a daily rate of more than £675 £644 £650
UK excluding London median daily rate £413 - £621
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Contract IT Job Roles
City of London
Contract job vacancies with a job title containing a recognized job role 3152 3242 5437
As % of all contract IT job vacancies advertised in the City of London 95.40% 95.72% 94.75%
Number of daily rates quoted 2407 2629 4189
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £325 £313 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £400 £370
% change year-on-year - +8.10%  
Number of hourly rates quoted 39 38 96
Median hourly rate £18.70 £19.00 £19.72
Median hourly rate % change year-on-year -1.57% -3.62%  
90% offered a hourly rate of more than £12.93 £12.50 £10.50
10% offered a hourly rate of more than £30.00 £31.50 £37.05
UK excluding London median hourly rate £17.50 £17.50 £16.14
% change year-on-year - +8.42%  

Front Office Developer
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London that featured Front Office Developer in the job title.

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 3 months to 27 June 2017.

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 27 June 2017, Front Office Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region featuring Front Office Developer in the job title.

1 73 (100.00%) Front Office
2 41 (56.16%) Java
3 40 (54.79%) Agile Software Development
4 38 (52.05%) Multithreading
5 37 (50.68%) Banking
6 34 (46.58%) Finance
7 26 (35.62%) Equities
7 26 (35.62%) Derivative
8 24 (32.88%) Electronic Trading
9 23 (31.51%) Investment Banking
10 19 (26.03%) Fixed Income
11 17 (23.29%) Low Latency
12 15 (20.55%) C#
13 14 (19.18%) Foreign Exchange (FX)
13 14 (19.18%) Equity Derivative
14 12 (16.44%) Migration
14 12 (16.44%) Relational Database
15 11 (15.07%) .NET
15 11 (15.07%) Python
15 11 (15.07%) TDD
16 10 (13.70%) SQL
16 10 (13.70%) C++
16 10 (13.70%) SDLC
17 8 (10.96%) R
17 8 (10.96%) Portfolio Management
17 8 (10.96%) Multithreaded Programming
17 8 (10.96%) Quantitative Research
17 8 (10.96%) SQL Server
17 8 (10.96%) OO
17 8 (10.96%) Oracle Coherence

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:

Application Platforms
1 8 (10.96%) Oracle Coherence
2 3 (4.11%) Apache
2 3 (4.11%) DataSynapse
2 3 (4.11%) GemFire
3 1 (1.37%) Apache Spark
3 1 (1.37%) MQSeries
Business Applications
1 5 (6.85%) ION MarketView
2 1 (1.37%) Kondor
Database & Business Intelligence
1 12 (16.44%) Relational Database
2 8 (10.96%) SQL Server
3 4 (5.48%) KDB
4 3 (4.11%) Hadoop
4 3 (4.11%) RDBMS
4 3 (4.11%) SQL Server 2008
5 2 (2.74%) SQL Server 2012
5 2 (2.74%) SQL Server Integration Services
5 2 (2.74%) SQL Server Reporting Services
6 1 (1.37%) DB2
6 1 (1.37%) NoSQL
6 1 (1.37%) OLAP
Development Applications
1 6 (8.22%) Selenium
2 4 (5.48%) Cucumber
2 4 (5.48%) Gradle
2 4 (5.48%) Maven
2 4 (5.48%) TeamCity
3 2 (2.74%) Robot Framework
3 2 (2.74%) Team Foundation Server
4 1 (1.37%) Git (software)
4 1 (1.37%) JUnit
4 1 (1.37%) Visual Studio
General
1 73 (100.00%) Front Office
2 37 (50.68%) Banking
3 34 (46.58%) Finance
4 23 (31.51%) Investment Banking
5 1 (1.37%) Back Office
5 1 (1.37%) Financial Institution
Libraries, Frameworks & Software Standards
1 11 (15.07%) .NET
2 7 (9.59%) HTML
2 7 (9.59%) WPF
3 6 (8.22%) Spring
4 5 (6.85%) Hibernate
4 5 (6.85%) HTML5
5 4 (5.48%) AngularJS
5 4 (5.48%) FIX Protocol
6 3 (4.11%) Boost C++ Libraries
6 3 (4.11%) Kafka
6 3 (4.11%) WCF
6 3 (4.11%) XML
6 3 (4.11%) XSD
7 2 (2.74%) ASP.NET
7 2 (2.74%) CSS
7 2 (2.74%) JMS
7 2 (2.74%) Node.js
7 2 (2.74%) TIBCO EMS
7 2 (2.74%) WinForms
8 1 (1.37%) .NET Framework
Miscellaneous
1 26 (35.62%) Derivative
1 26 (35.62%) Equities
2 19 (26.03%) Fixed Income
3 14 (19.18%) Equity Derivative
3 14 (19.18%) Foreign Exchange (FX)
4 5 (6.85%) Analytical Skills
4 5 (6.85%) Greenfield Project
5 4 (5.48%) Market Risk
6 3 (4.11%) Credit Risk
7 2 (2.74%) Data Structures
7 2 (2.74%) Fintech
7 2 (2.74%) Interest Rate Derivative
7 2 (2.74%) OTC Derivatives
8 1 (1.37%) Algorithms
8 1 (1.37%) Computer Science
8 1 (1.37%) Credit Derivative
8 1 (1.37%) Hedge funds
8 1 (1.37%) Reference Data
Operating Systems
1 7 (9.59%) Linux
2 6 (8.22%) Unix
3 5 (6.85%) Windows
4 4 (5.48%) Windows Server
5 1 (1.37%) Red Hat Enterprise Linux
Processes & Methodologies
1 40 (54.79%) Agile Software Development
2 38 (52.05%) Multithreading
3 24 (32.88%) Electronic Trading
4 17 (23.29%) Low Latency
5 12 (16.44%) Migration
6 11 (15.07%) TDD
7 10 (13.70%) SDLC
8 8 (10.96%) Multithreaded Programming
8 8 (10.96%) OO
8 8 (10.96%) Portfolio Management
8 8 (10.96%) Quantitative Research
9 7 (9.59%) Continuous Integration
10 6 (8.22%) Analytics
10 6 (8.22%) Data Analytics
11 5 (6.85%) MapReduce
11 5 (6.85%) Risk Management
12 4 (5.48%) Functional Testing
12 4 (5.48%) Non-Functional Testing
12 4 (5.48%) Performance Optimisation
12 4 (5.48%) Statistical Analysis
Programming Languages
1 41 (56.16%) Java
2 15 (20.55%) C#
3 11 (15.07%) Python
4 10 (13.70%) C++
4 10 (13.70%) SQL
5 8 (10.96%) R
6 6 (8.22%) Scala
7 3 (4.11%) JavaScript
8 1 (1.37%) Haskell
8 1 (1.37%) Perl
8 1 (1.37%) VBA
Qualifications
1 1 (1.37%) Degree
Quality Assurance & Compliance
1 2 (2.74%) SLA
2 1 (1.37%) MiFID
System Software
1 4 (5.48%) Docker
Vendors
1 5 (6.85%) ION Trading
1 5 (6.85%) Oracle
2 4 (5.48%) Sybase
3 3 (4.11%) IBM
4 2 (2.74%) TIBCO
5 1 (1.37%) Atlassian
5 1 (1.37%) Infragistics
5 1 (1.37%) Microsoft
5 1 (1.37%) Murex
5 1 (1.37%) Solace
City of London
TDA Group
Rate: £450 - £500 per day
Posted: 13 hours ago
City of London
TDA Group
Rate: £450 - £500 per day
Posted: 13 hours ago
City, London
Hays Finance Technology
Rate: £500.00 - £575.00 per day
Posted: 7 hours ago
City, London
TEKsystems
Rate: £550 - £600 per day
Posted: Yesterday
City, London
Haysfm
Rate: £550.00 - £650.00 per day
Posted: 5 days ago
City, London
Haysfm
Rate: £500.00 - £600.00 per day
Posted: 5 days ago