The statistics below represent IT contracts advertised across the City of London region that had Quantitative Developer featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 24 February 2017 with a comparison to same period over 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
24 Feb 2017
Same period 2016 Same period 2015
Quant Developer
London / City of London
Rank 141 143 181
Rank change year-on-year
+2 +38
Contract jobs requiring a Quantitative Developer 16 10 11
As % of all contract IT jobs located in the City of London 0.54% 0.31% 0.21%
As % of the Job Titles category 0.57% 0.33% 0.22%
Number of daily rates quoted 15 10 11
Median daily rate £725 £750 £625
Median daily rate % change year-on-year
-3.33% +20.00%
90% offered a daily rate of more than £625 £595 £575
10% offered a daily rate of more than £771 £900 £700
UK excluding London median daily rate £650 £375 -
% change year-on-year
+73.33% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the City of London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
City of London
Contract IT job ads with a match in the
Job Titles category
2819 3054 4960
As % of all contract IT jobs located in the City of London 95.14% 95.53% 95.64%
Number of daily rates quoted 2223 2413 3800
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £310 £300 £275
10% offered a daily rate of more than £638 £625 £600
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 28 46 76
Median hourly rate £19.00 £19.50 £17.87
Median hourly rate % change year-on-year
-2.56% +9.15%
90% offered a hourly rate of more than £13.10 £12.00 £12.50
10% offered a hourly rate of more than £29.38 £53.00 £27.37
UK excluding London median hourly rate £17.50 £18.00 £17.00
% change year-on-year
-2.77% +5.88%

Quantitative Developer
Jobs Demand Trend in the City of London

The demand trend of IT contracts across the City of London region that featured Quantitative Developer in the job title.

Quantitative Developer Jobs Demand Trend in the City of London

Quantitative Developer
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Developer across the City of London region.

Quantitative Developer Daily Rate Trend in the City of London

Quantitative Developer
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Developer across the City of London region over the 3 months to 24 February 2017.

Quantitative Developer Daily Rate Histogram in the City of London

Quantitative Developer Skill Set
Top 30 Related IT Skills in the City of London

For the 6 months to 24 February 2017, Quantitative 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 Quantitative Developer in the job title.

1 21 (77.78%) C++
2 11 (40.74%) Mathematics
3 10 (37.04%) C#
3 10 (37.04%) Front Office
3 10 (37.04%) Finance
4 9 (33.33%) Fixed Income
4 9 (33.33%) Banking
5 7 (25.93%) Windows
5 7 (25.93%) Foreign Exchange (FX)
6 6 (22.22%) Linux
6 6 (22.22%) Java
7 5 (18.52%) C
7 5 (18.52%) Physics
7 5 (18.52%) Market Risk
8 4 (14.81%) Degree
8 4 (14.81%) CUDA
8 4 (14.81%) Analytics
8 4 (14.81%) Algorithms
8 4 (14.81%) Risk Management
8 4 (14.81%) PhD
9 3 (11.11%) OO
9 3 (11.11%) Python
9 3 (11.11%) .NET
9 3 (11.11%) SQL Server
9 3 (11.11%) XML
9 3 (11.11%) XSD
9 3 (11.11%) Tick Data
9 3 (11.11%) Monte Carlo Method
9 3 (11.11%) Multithreading
9 3 (11.11%) Derivative

Quantitative Developer Skill Set
Top Related 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 1 (3.70%) DataSynapse
Database & Business Intelligence
1 3 (11.11%) SQL Server
1 3 (11.11%) Tick Data
2 1 (3.70%) Data Lake
2 1 (3.70%) Hadoop
Development Applications
1 1 (3.70%) Subversion
General
1 10 (37.04%) Finance
1 10 (37.04%) Front Office
2 9 (33.33%) Banking
3 2 (7.41%) Financial Institution
3 2 (7.41%) Investment Banking
Libraries, Frameworks & Software Standards
1 3 (11.11%) .NET
1 3 (11.11%) XML
1 3 (11.11%) XSD
2 1 (3.70%) FpML
Miscellaneous
1 9 (33.33%) Fixed Income
2 7 (25.93%) Foreign Exchange (FX)
3 5 (18.52%) Market Risk
4 4 (14.81%) Algorithms
4 4 (14.81%) CUDA
5 3 (11.11%) Analytical Skills
5 3 (11.11%) Derivative
6 2 (7.41%) Computer Science
6 2 (7.41%) Equities
6 2 (7.41%) OTC Derivatives
7 1 (3.70%) Credit Risk
7 1 (3.70%) Reference Data
Operating Systems
1 7 (25.93%) Windows
2 6 (22.22%) Linux
Processes & Methodologies
1 11 (40.74%) Mathematics
2 5 (18.52%) Physics
3 4 (14.81%) Analytics
3 4 (14.81%) Risk Management
4 3 (11.11%) Code Optimisation
4 3 (11.11%) Monte Carlo Method
4 3 (11.11%) Multithreading
4 3 (11.11%) OO
5 2 (7.41%) Mathematical Modelling
5 2 (7.41%) Quantitative Finance
5 2 (7.41%) Statistics
6 1 (3.70%) OOP
6 1 (3.70%) Risk Analytics
6 1 (3.70%) SOA
6 1 (3.70%) Software Engineering
6 1 (3.70%) Stakeholder Management
6 1 (3.70%) Stochastic Modelling
Programming Languages
1 21 (77.78%) C++
2 10 (37.04%) C#
3 6 (22.22%) Java
4 5 (18.52%) C
5 3 (11.11%) Python
6 2 (7.41%) MATLAB
6 2 (7.41%) SQL
Qualifications
1 4 (14.81%) Degree
1 4 (14.81%) PhD
Vendors
1 2 (7.41%) Microsoft
2 1 (3.70%) Sybase
City, London
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