The table below looks at the statistics for the 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 Quantitative Developer in their job title over the 3 months to 24 December 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
24 Dec 2014
Same period 2013 Same period 2012
Quant Developer
Rank 326 382 356
Rank change year-on-year
+56 -26
Contract jobs requiring a Quantitative Developer 77 35 32
As % of all contract IT jobs located in London 0.34% 0.15% 0.15%
As % of the Job Titles category 0.37% 0.16% 0.16%
Number of daily rates quoted 65 22 29
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£650 £650 £650
90% offered a daily rate of more than £550 £458 £545
10% offered a daily rate of more than £775 £718 £1,000
UK excluding London average daily rate £1,000 - £600
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quantitative Developer
England

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the 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
London
Contract IT job ads with a match in the
Job Titles category
20991 22143 19500
As % of all contract IT jobs located in London 92.24% 93.05% 93.27%
Number of daily rates quoted 15086 15237 13037
Average daily rate £435 £438 £425
Average daily rate % change year-on-year
-0.57% +2.94%
90% offered a daily rate of more than £263 £275 £265
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 392 385 540
Average hourly rate £17.00 £19.50 £20.00
Average hourly rate % change year-on-year
-12.79% -2.52%
90% offered a hourly rate of more than £11.59 £12.50 £12.50
10% offered a hourly rate of more than £34.50 £40.00 £43.48
UK excluding London average hourly rate £16.00 £17.00 £18.00
% change year-on-year
-5.88% -5.55%

Quantitative Developer
Jobs Demand Trend in London

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

Quantitative Developer Jobs Demand Trend in London

Quantitative Developer
Daily Rate Trend in London

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

Quantitative Developer Daily Rate Trend in London

Quantitative Developer
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Developer across the London region over the 3 months to 24 December 2014.

Quantitative Developer Daily Rate Histogram in London

Quantitative Developer
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Developer across the London region.

Quantitative Developer Hourly Rate Trend in London

Quantitative Developer
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Developer within the London region over the 3 months to 24 December 2014. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London +17 21 £600 -7.69% 2
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 24 December 2014, IT contractor jobs across the London region that cited 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 Quantitative Developer in their job title.

1 101 (77.10%) C++
2 58 (44.27%) C#
3 53 (40.46%) Banking
4 51 (38.93%) Front Office
5 49 (37.40%) Investment Banking
6 42 (32.06%) Finance
7 41 (31.30%) Windows
7 41 (31.30%) .NET
8 35 (26.72%) Mathematics
9 33 (25.19%) Analytics
10 31 (23.66%) Computer Science
11 30 (22.90%) Python
12 29 (22.14%) Linux
13 24 (18.32%) Degree
14 23 (17.56%) Physics
15 22 (16.79%) SQL
16 21 (16.03%) Foreign Exchange (FX)
17 20 (15.27%) OO
17 20 (15.27%) Risk Management
17 20 (15.27%) Analytical Skills
18 19 (14.50%) VBA
18 19 (14.50%) Java
19 17 (12.98%) STL
19 17 (12.98%) Derivative
19 17 (12.98%) Monte Carlo Method
20 16 (12.21%) Credit Risk
21 15 (11.45%) PhD
22 14 (10.69%) Fixed Income
23 13 (9.92%) Microsoft
23 13 (9.92%) Multithreading

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 24 December 2014, IT contractor jobs across the London region that cited 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 Quantitative Developer in their job title. Up to 20 skills are shown per category.

Application Platforms
1 1 (0.76%) Oracle Coherence
Applications
1 2 (1.53%) MS Office
1 2 (1.53%) MS Excel
2 1 (0.76%) Spreadsheet
Database & Business Intelligence
1 3 (2.29%) KDB
2 1 (0.76%) Big Data
2 1 (0.76%) SQL Server
Development Applications
1 5 (3.82%) Subversion
2 3 (2.29%) yacc
2 3 (2.29%) ANTLR
3 1 (0.76%) Visual Studio
3 1 (0.76%) Visual Studio Tools for Office
3 1 (0.76%) JIRA
General
1 53 (40.46%) Banking
2 51 (38.93%) Front Office
3 49 (37.40%) Investment Banking
4 42 (32.06%) Finance
5 1 (0.76%) Aerospace
5 1 (0.76%) Automotive
Libraries, Frameworks & Software Standards
1 41 (31.30%) .NET
2 17 (12.98%) STL
3 10 (7.63%) Boost C++ Libraries
4 5 (3.82%) WPF
5 3 (2.29%) HTML
5 3 (2.29%) HTML5
6 2 (1.53%) COM
6 2 (1.53%) FIX Protocol
7 1 (0.76%) .NET Framework
7 1 (0.76%) ASP.NET
Miscellaneous
1 35 (26.72%) Mathematics
2 31 (23.66%) Computer Science
3 23 (17.56%) Physics
4 21 (16.03%) Foreign Exchange (FX)
5 20 (15.27%) Analytical Skills
6 17 (12.98%) Derivative
7 16 (12.21%) Credit Risk
8 14 (10.69%) Fixed Income
9 13 (9.92%) Algorithms
10 7 (5.34%) Equities
10 7 (5.34%) Equity Derivative
11 6 (4.58%) Grid Computing
12 4 (3.05%) Statistics
13 3 (2.29%) Market Risk
14 2 (1.53%) Hedge funds
15 1 (0.76%) Client/Server
15 1 (0.76%) Open Source
15 1 (0.76%) Interest Rate Derivative
15 1 (0.76%) Artificial Intelligence
15 1 (0.76%) Exotic Derivative
Operating Systems
1 41 (31.30%) Windows
2 29 (22.14%) Linux
3 5 (3.82%) UNIX
Processes & Methodologies
1 33 (25.19%) Analytics
2 20 (15.27%) OO
2 20 (15.27%) Risk Management
3 17 (12.98%) Monte Carlo Method
4 13 (9.92%) Multithreading
5 12 (9.16%) Software Engineering
6 11 (8.40%) Validation
7 10 (7.63%) Low Latency
8 9 (6.87%) Data Modelling
8 9 (6.87%) Risk Assessment
9 8 (6.11%) RAD
10 7 (5.34%) Agile Software Development
10 7 (5.34%) Technical Analysis
11 6 (4.58%) Algorithmic Trading
12 5 (3.82%) Software Architecture
12 5 (3.82%) Risk Analytics
13 4 (3.05%) Performance Tuning
13 4 (3.05%) Electronic Trading
14 2 (1.53%) Refactoring
14 2 (1.53%) OOP
Programming Languages
1 101 (77.10%) C++
2 58 (44.27%) C#
3 30 (22.90%) Python
4 22 (16.79%) SQL
5 19 (14.50%) VBA
5 19 (14.50%) Java
6 10 (7.63%) Perl
7 9 (6.87%) MATLAB
8 6 (4.58%) VC++
9 4 (3.05%) R
10 1 (0.76%) PowerShell
Qualifications
1 24 (18.32%) Degree
2 15 (11.45%) PhD
Quality Assurance & Compliance
1 5 (3.82%) Basel III
2 1 (0.76%) QA
System Software
1 2 (1.53%) Platform Symphony
Vendors
1 13 (9.92%) Microsoft
2 8 (6.11%) Oracle
3 5 (3.82%) DataSynapse
4 2 (1.53%) TIBCO
5 1 (0.76%) Perforce
London
Hays IT - Uk Posting account
Rate: £550.00 - £999.00 per day
Posted: 3 days ago
London
Hays IT - Uk Posting account
Rate: £600 - £700 per day + Excellent & Neg
Posted: 8 days ago
City of London
Huxley Banking & Financial Services
Rate: £650 - £750 per day
Posted: 16 days ago