The first table below looks at the demand for the C++ Quantitative Developer role in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited C++ Quantitative Developer in their job title over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles advertised for the London region.

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
24 May 2013
Same period 2012 Same period 2011
C++ Quant Developer
Rank 346 402 395
Rank change year-on-year
+56 -7
Contract jobs requiring a C++ Quantitative Developer 31 13 47
As % of all contract IT jobs located in London 0.143% 0.048% 0.151%
As % of the Job Titles category 0.155% 0.052% 0.163%
Number of daily rates quoted 29 10 39
Average daily rate £600 £575 £650
Average daily rate % change year-on-year
+4.34% -11.53%
90% offered a daily rate of more than £550 £525 £620
10% offered a daily rate of more than £655 £755 £710
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Job Titles
London
Contract IT job ads with a match in the
Job Titles category
19942 24907 28750
As % of all contract IT jobs located in London 92.08% 92.46% 92.52%
Number of daily rates quoted 13399 16045 18461
Average daily rate £450 £445 £475
Average daily rate % change year-on-year
+1.12% -6.31%
90% offered a daily rate of more than £275 £275 £300
10% offered a daily rate of more than £600 £600 £625
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 450 624 677
Average hourly rate £20.00 £20.00 £20.00
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £45.00 £41.00 £47.50
UK excluding London average hourly rate £17.50 £18.00 £20.00
% change year-on-year
-2.77% -10.00%
C++ Quantitative Developer
England

C++ Quantitative Developer
Jobs Demand Trend

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

London C++ Quantitative Developer Jobs Demand Trend

C++ Quantitative Developer
Daily Rate Trend

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

London C++ Quantitative Developer Daily Rate Trend

C++ Quantitative Developer
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing C++ Quantitative Developer across the London region over the 3 months to 24 May 2013.

London C++ Quantitative Developer Daily Rate Histogram

C++ Quantitative Developer
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing C++ Quantitative Developer within the London region over the 3 months to 24 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
City of London +18 9 £550 -12.00%
Canary Wharf +3 5 £600 -
Docklands, London - 1 - -
C++ Quantitative Developer
England

C++ Quantitative Developer
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the London region that cited C++ 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 C++ Quantitative Developer in their job title.

1 41 (100.00%) C++
2 24 (58.54%) Analytics
3 22 (53.66%) Front Office
4 21 (51.22%) Derivative
4 21 (51.22%) Mathematics
5 20 (48.78%) Finance
6 18 (43.90%) Physics
7 17 (41.46%) Fixed Income
8 16 (39.02%) PhD
8 16 (39.02%) Banking
9 13 (31.71%) Investment Banking
9 13 (31.71%) STL
9 13 (31.71%) Windows
10 11 (26.83%) Linux
11 10 (24.39%) Multithreading
11 10 (24.39%) Boost C++ Libraries
12 9 (21.95%) Software Engineering
13 8 (19.51%) Credit Risk
13 8 (19.51%) Degree
13 8 (19.51%) C#
13 8 (19.51%) SQL
13 8 (19.51%) VBA
14 7 (17.07%) Microsoft
14 7 (17.07%) Computer Science
14 7 (17.07%) Monte Carlo Method
14 7 (17.07%) Risk Management
14 7 (17.07%) LLVM
15 6 (14.63%) SQL Server
15 6 (14.63%) Sybase
16 5 (12.20%) .NET

C++ Quantitative Developer
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the London region that cited C++ 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 C++ Quantitative Developer in their job title. Up to 20 skills are shown per category.

Application Development
1 13 (31.71%) STL
2 10 (24.39%) Boost C++ Libraries
3 5 (12.20%) .NET
3 5 (12.20%) XML
4 4 (9.756%) Web Services
5 3 (7.317%) Murex Flex
Applications
1 2 (4.878%) Spreadsheet
Business Applications
1 2 (4.878%) Bond Adapt
Database & Business Intelligence
1 6 (14.63%) SQL Server
Development Applications
1 7 (17.07%) LLVM
2 3 (7.317%) TeamCity
General
1 22 (53.66%) Front Office
2 20 (48.78%) Finance
3 16 (39.02%) Banking
4 13 (31.71%) Investment Banking
Miscellaneous
1 21 (51.22%) Derivative
1 21 (51.22%) Mathematics
2 18 (43.90%) Physics
3 17 (41.46%) Fixed Income
4 8 (19.51%) Credit Risk
5 7 (17.07%) Computer Science
6 5 (12.20%) Grid Computing
7 3 (7.317%) Interest Rate Derivative
7 3 (7.317%) Hedge funds
8 2 (4.878%) Equity Derivative
8 2 (4.878%) Credit Derivative
8 2 (4.878%) Foreign Exchange (FX)
9 1 (2.439%) Equities
9 1 (2.439%) Statistics
Operating Systems
1 13 (31.71%) Windows
2 11 (26.83%) Linux
3 2 (4.878%) UNIX
Processes & Methodologies
1 24 (58.54%) Analytics
2 10 (24.39%) Multithreading
3 9 (21.95%) Software Engineering
4 7 (17.07%) Monte Carlo Method
4 7 (17.07%) Risk Management
5 2 (4.878%) Risk Analysis
5 2 (4.878%) MVC
5 2 (4.878%) OOP
5 2 (4.878%) OO
6 1 (2.439%) Stochastic Calculus
Programming Languages
1 41 (100.00%) C++
2 8 (19.51%) C#
2 8 (19.51%) SQL
2 8 (19.51%) VBA
3 5 (12.20%) VB
3 5 (12.20%) VC++
4 4 (9.756%) Python
5 3 (7.317%) VB.NET
5 3 (7.317%) PowerShell
6 2 (4.878%) R
6 2 (4.878%) Java
6 2 (4.878%) Perl
7 1 (2.439%) C
7 1 (2.439%) MATLAB
Qualifications
1 16 (39.02%) PhD
2 8 (19.51%) Degree
3 2 (4.878%) Postgraduate
Quality Assurance & Compliance
1 1 (2.439%) QA
Vendors
1 7 (17.07%) Microsoft
2 6 (14.63%) Sybase
3 3 (7.317%) Murex
4 1 (2.439%) Oracle
4 1 (2.439%) Reuters
4 1 (2.439%) Bloomberg
City, London
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Nicoll Curtin
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Posted: 23 May 2013
London
Investment Banking: C++ Quantitative Developer - C++, Excel, VBA, Fixed income. Essential: C++ Excel VBA Fixed Income Grid computing Our investment banking client is currently seeking a quant developer...
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Posted: 24 May 2013