The table below looks at the statistics for the Senior Quantitative Developer role in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Senior Quantitative Developer in their job title over the 3 months to 22 September 2014 with a comparison to the same period in the previous 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.

Location
3 months to
22 Sep 2014
Same period 2013 Same period 2012
Senior Quant Developer
Rank 199 224 215
Rank change year-on-year
+25 -9
Contract jobs requiring a Senior Quantitative Developer 1 1 1
As % of all contract IT jobs located in the City of London 0.017% 0.014% 0.013%
As % of the Job Titles category 0.018% 0.015% 0.014%
Number of daily rates quoted 1 1 0
Average daily rate
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£550 £825 -
Average daily rate % change year-on-year
-33.33% -
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Senior Quantitative Developer
London

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
5425 6640 7304
As % of all contract IT jobs located in the City of London 92.53% 92.34% 92.76%
Number of daily rates quoted 3981 4839 5227
Average daily rate £450 £450 £450
90% offered a daily rate of more than £275 £278 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £360 £350 £348
% change year-on-year
+2.85% +0.71%
Number of hourly rates quoted 104 133 183
Average hourly rate £17.50 £19.50 £19.00
Average hourly rate % change year-on-year
-10.25% +2.63%
90% offered a hourly rate of more than £12.00 £11.50 £11.00
10% offered a hourly rate of more than £32.82 £27.50 £42.80
UK excluding London average hourly rate £16.50 £16.20 £17.50
% change year-on-year
+1.85% -7.42%

Senior Quantitative Developer
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Senior Quantitative Developer in the job title across the City of London region as a proportion of the total demand within the Job Titles category.

Senior Quantitative Developer Jobs Demand Trend in the City of London

Senior 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 Senior Quantitative Developer across the City of London region.

Senior Quantitative Developer Daily Rate Trend in the City of London

Senior Quantitative Developer
Top 8 Related IT Skills in the City of London

For the 6 months to 22 September 2014, IT contractor jobs across the City of London region that cited Senior Quantitative 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 Senior Quantitative Developer in their job title.

1 1 (100.00%) C#
1 1 (100.00%) VBA
1 1 (100.00%) .NET
1 1 (100.00%) OO
1 1 (100.00%) TIBCO
1 1 (100.00%) Finance
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Banking

Senior Quantitative Developer
Top Related IT Skills in the City of London by Category

For the 6 months to 22 September 2014, IT contractor jobs across the City of London region that cited Senior Quantitative 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 Senior Quantitative Developer in their job title. Up to 20 skills are shown per category.

General
1 1 (100.00%) Finance
1 1 (100.00%) Banking
Libraries, Frameworks & Software Standards
1 1 (100.00%) .NET
Processes & Methodologies
1 1 (100.00%) OO
1 1 (100.00%) Agile Software Development
Programming Languages
1 1 (100.00%) C#
1 1 (100.00%) VBA
Vendors
1 1 (100.00%) TIBCO