Permanent IT Jobs Contract IT Jobs
Job Type
Source

This section looks at the demand for the Quant Developer role in IT contracts within the Canary Wharf region compared to all other Job Titles we currently track. Included is a guide to the contractor rates offered in IT jobs that have cited Quant Developer in their job title over the 3 months to 20 August 2008 with a comparison to the same period last year.

 Quant Developer
Location
3 months to
20 Aug 2008
Same period last year
Rank4657
Rank change on same period last yearUp+11
Matching contract IT job ads33
As % of all UK contract IT job ads sampled0.004 %0.003 %
As % of the category below0.820 %0.524 %
Daily rates quoted10
Average minimum daily rate£650-
Average daily rate£700-
% change on same period last year-
Average maximum daily rate£750-
UK excluding London average daily rate--
% change on same period last year-
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
Canary Wharf IT Contractor Job Market, Job TitlesJob Titles
Canary Wharf
Matching contract IT job ads366572
As % of all UK contract IT job ads sampled0.483 %0.570 %
Daily rates quoted192268
Average minimum daily rate£436£461
Average daily rate£457£484
% change on same period last year-5.49 %
Average maximum daily rate£478£506
UK excluding London average daily rate£355£354
% change on same period last year+0.35 %
Hourly rates quoted1618
Average minimum hourly rate£27.58£19.37
Average hourly rate£28.71£20.94
% change on same period last year+37.10 %
Average maximum hourly rate£29.83£22.51
UK excluding London average hourly rate£23.68£25.69
% change on same period last year-7.85 %
Quant Developer LondonQuant Developer
London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Quant Developer
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing Quant Developer across the Canary Wharf region as a proportion of the total demand within the Job Titles category.

Canary Wharf Quant Developer Demand Trend

Quant Developer
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quant Developer across the Canary Wharf region.

Canary Wharf Quant Developer Daily Rate Trend

Quant Developer
Top 30 Related IT Skills

For the 6 months to 20 August 2008, IT contractor jobs across the Canary Wharf region that cited Quant Developer in their job title mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Quant Developer in their job title.

14 (80.00 %)C++
14 (80.00 %)Java
14 (80.00 %)Derivative
23 (60.00 %)Monte Carlo Method
23 (60.00 %)Black-Scholes
23 (60.00 %)Foreign Exchange (FX)
32 (40.00 %)C#
32 (40.00 %)Spring
32 (40.00 %)Mathematics
32 (40.00 %)Interest Rate Derivative
32 (40.00 %)UNIX
32 (40.00 %)Windows
32 (40.00 %)Front Office
41 (20.00 %)Finance
41 (20.00 %)Hibernate
41 (20.00 %)Grid Computing
41 (20.00 %)Banking
41 (20.00 %)PhD
41 (20.00 %)ClearCase
41 (20.00 %)Windows XP
41 (20.00 %)VBA
41 (20.00 %)J2EE
41 (20.00 %)JUnit
41 (20.00 %)WebServices
41 (20.00 %)XML
41 (20.00 %)Degree
41 (20.00 %)Greeks
41 (20.00 %)Physics
41 (20.00 %)Market Risk
41 (20.00 %)Multithreading

Quant Developer
Top Related IT Skills by Category

For the 6 months to 20 August 2008, IT contractor jobs across the Canary Wharf region that cited Quant Developer in their job title mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled with Quant Developer in their job title. Up to 20 skills are shown per category.

Canary Wharf IT Contractor Job Market, Application DevelopmentApplication Development
12 (40.00 %)Spring
21 (20.00 %)Hibernate
21 (20.00 %)J2EE
21 (20.00 %)WebServices
21 (20.00 %)XML
Canary Wharf IT Contractor Job Market, Development ApplicationsDevelopment Applications
11 (20.00 %)ClearCase
11 (20.00 %)JUnit
Canary Wharf IT Contractor Job Market, GeneralGeneral
12 (40.00 %)Front Office
21 (20.00 %)Finance
21 (20.00 %)Banking
21 (20.00 %)Investment Banking
Canary Wharf IT Contractor Job Market, MiscellaneousMiscellaneous
14 (80.00 %)Derivative
23 (60.00 %)Foreign Exchange (FX)
32 (40.00 %)Mathematics
32 (40.00 %)Interest Rate Derivative
41 (20.00 %)Grid Computing
41 (20.00 %)Physics
41 (20.00 %)Market Risk
41 (20.00 %)Multithreading
Canary Wharf IT Contractor Job Market, Operating SystemsOperating Systems
12 (40.00 %)UNIX
12 (40.00 %)Windows
21 (20.00 %)Windows XP
Canary Wharf IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
13 (60.00 %)Monte Carlo Method
13 (60.00 %)Black-Scholes
21 (20.00 %)Greeks
21 (20.00 %)Financial Modelling
Canary Wharf IT Contractor Job Market, Programming LanguagesProgramming Languages
14 (80.00 %)C++
14 (80.00 %)Java
22 (40.00 %)C#
31 (20.00 %)VBA
Canary Wharf IT Contractor Job Market, QualificationsQualifications
11 (20.00 %)PhD
11 (20.00 %)Degree