Permanent IT Jobs Contract IT Jobs

The table below looks at the demand for the Quant Developer role in IT contracts within the London 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 1 December 2008 with a comparison to the same period last year.

 Quant Developer
Location
3 months to
1 Dec 2008
Same period last year
Rank347377
Rank change on same period last yearUp+30
Matching contract IT job ads2586
As % of all UK contract IT job ads sampled0.040 %0.092 %
As % of the category below0.104 %0.217 %
Daily rates quoted1528
Average minimum daily rate£633£563
Average daily rate£683£607
% change on same period last year+12.63 %
Average maximum daily rate£733£651
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-
London IT Contractor Job Market, Job TitlesJob Titles
London
Matching contract IT job ads2405739555
As % of all UK contract IT job ads sampled38.15 %42.10 %
Daily rates quoted975214901
Average minimum daily rate£388£424
Average daily rate£416£452
% change on same period last year-7.87 %
Average maximum daily rate£444£480
UK excluding London average daily rate£353£351
% change on same period last year+0.46 %
Hourly rates quoted14572056
Average minimum hourly rate£23.18£25.29
Average hourly rate£24.60£26.82
% change on same period last year-8.30 %
Average maximum hourly rate£26.02£28.36
UK excluding London average hourly rate£23.14£24.11
% change on same period last year-4.03 %
Quant Developer EnglandQuant Developer
England

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 London region as a proportion of the total demand within the Job Titles category.

London 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 London region.

London Quant Developer Daily Rate Trend

Quant Developer
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Quant Developer across the London region over the 3 months to 1 December 2008.

London Quant Developer Daily Rate Histogram

Quant Developer
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quant Developer within the London region over the 3 months to 1 December 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
City of LondonDown-812£693+7.97 %
Docklands, LondonUp+332--
Quant Developer EnglandQuant Developer
England

Quant Developer
Top 30 Related IT Skills

For the 6 months to 1 December 2008, IT contractor jobs across the London 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.

150 (65.79 %)C++
236 (47.37 %)Front Office
236 (47.37 %)Derivative
332 (42.11 %)C#
430 (39.47 %)Finance
528 (36.84 %)Banking
624 (31.58 %)Investment Banking
723 (30.26 %)Java
818 (23.68 %).NET
818 (23.68 %)UNIX
818 (23.68 %)OO
818 (23.68 %)Mathematics
917 (22.37 %)Foreign Exchange (FX)
1015 (19.74 %)VBA
1015 (19.74 %)WebServices
1015 (19.74 %)SQL Server
1114 (18.42 %)SQL
1114 (18.42 %)ASP.NET
1114 (18.42 %)Market Risk
1114 (18.42 %)Degree
1212 (15.79 %)Equity Derivative
1212 (15.79 %)Credit Derivative
1212 (15.79 %)Monte Carlo Method
1310 (13.16 %)Black-Scholes
1310 (13.16 %)Fixed Income
149 (11.84 %)Equities
149 (11.84 %)PhD
149 (11.84 %)XML
149 (11.84 %)Spring
149 (11.84 %)Interest Rate Derivative

Quant Developer
Top Related IT Skills by Category

For the 6 months to 1 December 2008, IT contractor jobs across the London 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.

London IT Contractor Job Market, Application DevelopmentApplication Development
118 (23.68 %).NET
215 (19.74 %)WebServices
314 (18.42 %)ASP.NET
49 (11.84 %)XML
49 (11.84 %)Spring
55 (6.579 %)ASP.NET 2.0
63 (3.947 %)STL
71 (1.316 %)J2EE
71 (1.316 %)XSLT
71 (1.316 %)CORBA
71 (1.316 %)Hibernate
71 (1.316 %)HTML
71 (1.316 %).NET Framework
London IT Contractor Job Market, Application PlatformsApplication Platforms
11 (1.316 %)WebLogic
London IT Contractor Job Market, ApplicationsApplications
12 (2.632 %)MS Excel
21 (1.316 %)MS Visio
21 (1.316 %)MS PowerPoint
21 (1.316 %)Spreadsheet
21 (1.316 %)MS Project
21 (1.316 %)MS Office
London IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
115 (19.74 %)SQL Server
26 (7.895 %)SQL Server 2005
32 (2.632 %)SQL Server 2000
41 (1.316 %)Oracle OLAP
41 (1.316 %)OLAP
41 (1.316 %)RDBMS
London IT Contractor Job Market, Development ApplicationsDevelopment Applications
11 (1.316 %)JUnit
11 (1.316 %)Visual Studio
11 (1.316 %)ClearCase
London IT Contractor Job Market, GeneralGeneral
136 (47.37 %)Front Office
230 (39.47 %)Finance
328 (36.84 %)Banking
424 (31.58 %)Investment Banking
53 (3.947 %)Education
61 (1.316 %)Financial Institution
London IT Contractor Job Market, MiscellaneousMiscellaneous
136 (47.37 %)Derivative
218 (23.68 %)Mathematics
317 (22.37 %)Foreign Exchange (FX)
414 (18.42 %)Market Risk
512 (15.79 %)Equity Derivative
512 (15.79 %)Credit Derivative
610 (13.16 %)Fixed Income
79 (11.84 %)Interest Rate Derivative
79 (11.84 %)Equities
85 (6.579 %)Web 2.0
85 (6.579 %)Grid Computing
85 (6.579 %)Multithreading
94 (5.263 %)Physics
103 (3.947 %)Computer Science
111 (1.316 %)Swaptions
111 (1.316 %)Statistics
111 (1.316 %)Field-Programmable Gate Array
111 (1.316 %)Exotic Derivative
London IT Contractor Job Market, Operating SystemsOperating Systems
118 (23.68 %)UNIX
24 (5.263 %)Windows
24 (5.263 %)Windows XP
32 (2.632 %)Linux
41 (1.316 %)SUSE
London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
118 (23.68 %)OO
212 (15.79 %)Monte Carlo Method
310 (13.16 %)Black-Scholes
48 (10.53 %)Risk Management
55 (6.579 %)Agile Software Development
64 (5.263 %)Greeks
72 (2.632 %)Project Management
81 (1.316 %)Change Management
81 (1.316 %)RAD
81 (1.316 %)SOA
81 (1.316 %)UML
81 (1.316 %)OOA/OOD
81 (1.316 %)Asset Management
81 (1.316 %)Fund Management
81 (1.316 %)Quantitative Analysis
81 (1.316 %)Algorithmic Trading
81 (1.316 %)Stress Testing
81 (1.316 %)Time Management
81 (1.316 %)Financial Modelling
London IT Contractor Job Market, Programming LanguagesProgramming Languages
150 (65.79 %)C++
232 (42.11 %)C#
323 (30.26 %)Java
415 (19.74 %)VBA
514 (18.42 %)SQL
62 (2.632 %)VB
62 (2.632 %)Perl
71 (1.316 %)PL/SQL
71 (1.316 %)VB.NET
71 (1.316 %)C
71 (1.316 %)Python
London IT Contractor Job Market, QualificationsQualifications
114 (18.42 %)Degree
29 (11.84 %)PhD
32 (2.632 %)Postgraduate
London IT Contractor Job Market, VendorsVendors
15 (6.579 %)Oracle
22 (2.632 %)Sybase
31 (1.316 %)Calypso
31 (1.316 %)Bloomberg
31 (1.316 %)DataSynapse