Period
to 28 May 2020

The median contractor rate for a Front Office Developer was £675 per day in advertised job vacancies in London during the 6 months to 28 May 2020.

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
England > London
6 months to
28 May 2020
Same period 2019 Same period 2018
Rank 234 454 315
Rank change year-on-year +220 -139 +9
Contract jobs requiring a Front Office Developer 185 152 367
As % of all contract jobs advertised in London 0.96% 0.38% 0.81%
As % of the Job Titles category 1.02% 0.40% 0.85%
Number of daily rates quoted 169 146 352
Median daily rate £675 £650 £675
Median daily rate % change year-on-year +3.85% -3.70% +8.87%
10th Percentile £550 £563 £538
90th Percentile £763 £725 £863
England median daily rate £675 £650 £675
% change year-on-year +3.85% -3.70% +8.87%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
England median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in 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
London
Contract vacancies in London with a recognized job title 18,110 37,839 43,203
% of contract IT jobs with a recognized job title 93.52% 94.30% 94.83%
Number of daily rates quoted 12,526 26,967 31,215
Median daily rate £505 £500 £500
Median daily rate % change year-on-year +1.00% - +5.26%
10th Percentile £308 £315 £313
90th Percentile £700 £675 £675
England median daily rate £475 £475 £450
% change year-on-year - +5.56% +4.65%
Number of hourly rates quoted 322 493 676
Median hourly rate £35.00 £21.40 £21.70
Median hourly rate % change year-on-year +63.59% -1.41% -3.56%
10th Percentile £14.55 £12.50 £12.88
90th Percentile £53.75 £53.75 £50.00
Median hourly rate £21.50 £19.50 £18.51
% change year-on-year +10.26% +5.38% -2.61%

Front Office Developer
Job Vacancy Trend in London

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

Job vacancy trend for Front Office Developer in London

Front Office Developer
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Front Office Developer in London.

Daily rate trend for Front Office Developer in London

Front Office Developer
Daily Rate Histogram in London

Daily rate distribution for jobs citing Front Office Developer in London over the 6 months to 28 May 2020.

Daily rate histogram for Front Office Developer in London

Front Office Developer
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Front Office Developer in London.

Hourly rate trend for Front Office Developer in London

Front Office Developer
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Front Office Developer within the London region over the 6 months to 28 May 2020. 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
Job
Vacancies
Central London +95 19 £700 +7.69% 3
Front Office Developer
England

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

For the 6 months to 28 May 2020, 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 London region featuring Front Office Developer in the job title.

1 185 (100.00%) Front Office
2 133 (71.89%) Java
3 93 (50.27%) Foreign Exchange (FX)
3 93 (50.27%) Agile Software Development
4 90 (48.65%) C#
5 89 (48.11%) Finance
5 89 (48.11%) Fixed Income
6 87 (47.03%) Banking
7 77 (41.62%) JavaScript
8 66 (35.68%) Investment Banking
9 64 (34.59%) AngularJS
10 62 (33.51%) React
11 61 (32.97%) Derivative
12 55 (29.73%) Software Engineering
12 55 (29.73%) Azure
13 53 (28.65%) AWS
13 53 (28.65%) Hedge funds
14 52 (28.11%) Web Services
14 52 (28.11%) Equities
15 49 (26.49%) Asset Management
16 48 (25.95%) Investment Management
17 47 (25.41%) Portfolio Management
18 45 (24.32%) GCP
18 45 (24.32%) .NET
19 44 (23.78%) Multithreading
20 42 (22.70%) Electronic Trading
20 42 (22.70%) SQL
21 41 (22.16%) Python
22 37 (20.00%) TDD
23 36 (19.46%) SQL Server

Front Office Developer Skill Set
Co-occurring IT Skills in 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 15 (8.11%) Oracle SOA Suite
2 5 (2.70%) Oracle Coherence
3 4 (2.16%) Apache Spark
4 3 (1.62%) Apache
4 3 (1.62%) Elasticsearch
4 3 (1.62%) Oracle Workflow
5 2 (1.08%) Confluence
6 1 (0.54%) CMS
6 1 (0.54%) Oracle Application Server
Applications
1 7 (3.78%) Microsoft Excel
Business Applications
1 2 (1.08%) Sophis RISQUE
2 1 (0.54%) Front Arena
2 1 (0.54%) RMDS
Cloud Services
1 55 (29.73%) Azure
2 53 (28.65%) AWS
3 45 (24.32%) GCP
4 15 (8.11%) Amazon ECS
4 15 (8.11%) Amazon SQS
5 3 (1.62%) npm
5 3 (1.62%) OpenShift
5 3 (1.62%) Power Platform
5 3 (1.62%) Yarn
6 2 (1.08%) Amazon Kinesis
6 2 (1.08%) Azure Functions
6 2 (1.08%) Serverless
Communications & Networking
1 6 (3.24%) HTTP
2 3 (1.62%) RTMP
3 2 (1.08%) FIX Connectivity
Database & Business Intelligence
1 36 (19.46%) SQL Server
2 15 (8.11%) Amazon Redshift
3 11 (5.95%) MongoDB
3 11 (5.95%) Redis
4 6 (3.24%) MySQL
5 5 (2.70%) NoSQL
6 4 (2.16%) Apache Cassandra
6 4 (2.16%) Big Data
7 3 (1.62%) KDB
7 3 (1.62%) Power BI
7 3 (1.62%) Relational Database
8 2 (1.08%) Amazon DynamoDB
8 2 (1.08%) Hadoop
9 1 (0.54%) Hazelcast
Development Applications
1 21 (11.35%) TeamCity
2 19 (10.27%) Git (software)
3 16 (8.65%) Subversion
4 15 (8.11%) Moq
5 4 (2.16%) CruiseControl
5 4 (2.16%) JIRA
5 4 (2.16%) RStudio
6 3 (1.62%) Cucumber
6 3 (1.62%) JConsole
6 3 (1.62%) JProfiler
6 3 (1.62%) NUnit
6 3 (1.62%) VisualVM
7 2 (1.08%) Gradle
7 2 (1.08%) JUnit
7 2 (1.08%) Maven
7 2 (1.08%) Mockito
7 2 (1.08%) Sonatype Nexus
8 1 (0.54%) Octopus Deploy
8 1 (0.54%) Visual Studio
General
1 185 (100.00%) Front Office
2 89 (48.11%) Finance
3 87 (47.03%) Banking
4 66 (35.68%) Investment Banking
5 2 (1.08%) International Banking
5 2 (1.08%) Legal
5 2 (1.08%) Retail
6 1 (0.54%) Financial Institution
6 1 (0.54%) French Language
Libraries, Frameworks & Software Standards
1 64 (34.59%) AngularJS
2 62 (33.51%) React
3 52 (28.11%) Web Services
4 45 (24.32%) .NET
5 35 (18.92%) WPF
6 31 (16.76%) Vue.js
7 28 (15.14%) J2EE
8 24 (12.97%) Node.js
9 21 (11.35%) Redux
10 19 (10.27%) Reactive Extensions
11 11 (5.95%) HTML
12 10 (5.41%) REST
13 9 (4.86%) Spring
14 8 (4.32%) .NET Core
14 8 (4.32%) HTML5
15 7 (3.78%) ASP.NET
15 7 (3.78%) FIX Protocol
16 6 (3.24%) RESTful
16 6 (3.24%) Spring Boot
17 5 (2.70%) Hibernate
Miscellaneous
1 93 (50.27%) Foreign Exchange (FX)
2 89 (48.11%) Fixed Income
3 61 (32.97%) Derivative
4 53 (28.65%) Hedge funds
5 52 (28.11%) Equities
6 20 (10.81%) User Experience
7 19 (10.27%) Blog
8 12 (6.49%) Algorithms
9 11 (5.95%) Analytical Skills
9 11 (5.95%) Greenfield Project
10 5 (2.70%) Equity Derivative
11 3 (1.62%) Client/Server
11 3 (1.62%) Credit Derivative
11 3 (1.62%) Virtual Team
12 2 (1.08%) Data Structures
12 2 (1.08%) Enterprise Software
12 2 (1.08%) Interest Rate Derivative
12 2 (1.08%) Self-Motivation
13 1 (0.54%) Market Risk
Operating Systems
1 6 (3.24%) Windows
2 5 (2.70%) Linux
3 3 (1.62%) Unix
4 1 (0.54%) Windows 10
Processes & Methodologies
1 93 (50.27%) Agile Software Development
2 55 (29.73%) Software Engineering
3 49 (26.49%) Asset Management
4 48 (25.95%) Investment Management
5 47 (25.41%) Portfolio Management
6 44 (23.78%) Multithreading
7 42 (22.70%) Electronic Trading
8 37 (20.00%) TDD
9 30 (16.22%) Decision-Making
10 29 (15.68%) DevOps
10 29 (15.68%) Scrum
11 26 (14.05%) Business Analysis
12 25 (13.51%) Continuous Integration
12 25 (13.51%) Front End Development
12 25 (13.51%) Fund Management
13 22 (11.89%) Open Source
14 21 (11.35%) Artificial Intelligence
14 21 (11.35%) Computer Science
14 21 (11.35%) Low Latency
14 21 (11.35%) Machine Learning
Programming Languages
1 133 (71.89%) Java
2 90 (48.65%) C#
3 77 (41.62%) JavaScript
4 42 (22.70%) SQL
5 41 (22.16%) Python
6 15 (8.11%) Kotlin
7 11 (5.95%) C++
7 11 (5.95%) F#
8 8 (4.32%) T-SQL
8 8 (4.32%) TypeScript
9 6 (3.24%) VBA
10 5 (2.70%) Scala
11 4 (2.16%) ES6
11 4 (2.16%) Java 8
11 4 (2.16%) PHP
12 2 (1.08%) R
12 2 (1.08%) XAML
Qualifications
1 25 (13.51%) Degree
2 16 (8.65%) Computer Science Degree
Quality Assurance & Compliance
1 1 (0.54%) QA
System Software
1 20 (10.81%) Docker
Systems Management
1 15 (8.11%) Terraform
2 3 (1.62%) Kubernetes
3 2 (1.08%) linkerd
Vendors
1 28 (15.14%) Oracle
2 25 (13.51%) Google
3 23 (12.43%) Microsoft
4 16 (8.65%) DevExpress
5 15 (8.11%) RedGate
6 3 (1.62%) Sophis
7 2 (1.08%) ION Trading
8 1 (0.54%) Cognizant
8 1 (0.54%) Remedy
8 1 (0.54%) Reuters
8 1 (0.54%) TIBCO