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 21 October 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
21 Oct 2014
Same period 2013 Same period 2012
Quant Developer
Rank 362 376 341
Rank change year-on-year
+14 -35
Contract jobs requiring a Quantitative Developer 66 43 78
As % of all contract IT jobs located in London 0.27% 0.17% 0.31%
As % of the Job Titles category 0.29% 0.18% 0.34%
Number of daily rates quoted 56 33 61
Average daily rate
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£663 £675 £650
Average daily rate % change year-on-year
-1.85% +3.84%
90% offered a daily rate of more than £550 £605 £550
10% offered a daily rate of more than £800 £750 £1,000
UK excluding London average daily rate - - -
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
22739 23586 23114
As % of all contract IT jobs located in London 92.30% 93.10% 93.11%
Number of daily rates quoted 16017 16273 15398
Average daily rate £425 £433 £440
Average daily rate % change year-on-year
-1.73% -1.70%
90% offered a daily rate of more than £265 £270 £265
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £363 £350 £350
% change year-on-year
+3.57% -
Number of hourly rates quoted 458 404 543
Average hourly rate £17.50 £18.80 £19.50
Average hourly rate % change year-on-year
-6.91% -3.58%
90% offered a hourly rate of more than £11.50 £12.50 £12.00
10% offered a hourly rate of more than £36.00 £44.62 £45.00
UK excluding London average hourly rate £16.50 £16.50 £17.50
% change year-on-year
- -5.71%

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 21 October 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 21 October 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 +24 17 £650 - 4
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 21 October 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.

1 103 (85.12%) C++
2 57 (47.11%) C#
3 56 (46.28%) Windows
3 56 (46.28%) Banking
4 51 (42.15%) Front Office
5 47 (38.84%) Computer Science
6 46 (38.02%) Linux
6 46 (38.02%) Investment Banking
7 43 (35.54%) Analytics
8 42 (34.71%) Degree
9 32 (26.45%) Mathematics
10 29 (23.97%) Finance
11 26 (21.49%) .NET
11 26 (21.49%) Python
12 23 (19.01%) Software Engineering
12 23 (19.01%) Physics
13 22 (18.18%) Foreign Exchange (FX)
14 19 (15.70%) Perl
14 19 (15.70%) Validation
15 17 (14.05%) Fixed Income
16 16 (13.22%) Java
16 16 (13.22%) OO
16 16 (13.22%) Risk Management
17 15 (12.40%) VBA
18 14 (11.57%) SQL
18 14 (11.57%) Derivative
19 13 (10.74%) Monte Carlo Method
19 13 (10.74%) Algorithms
20 12 (9.92%) Analytical Skills
20 12 (9.92%) Credit Risk

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 21 October 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 (0.83%) Oracle Coherence
Applications
1 2 (1.65%) MS Office
2 1 (0.83%) MS Excel
2 1 (0.83%) Spreadsheet
Database & Business Intelligence
1 3 (2.48%) KDB
2 1 (0.83%) Big Data
2 1 (0.83%) SQL Server
Development Applications
1 2 (1.65%) Subversion
1 2 (1.65%) yacc
1 2 (1.65%) ANTLR
General
1 56 (46.28%) Banking
2 51 (42.15%) Front Office
3 46 (38.02%) Investment Banking
4 29 (23.97%) Finance
Libraries, Frameworks & Software Standards
1 26 (21.49%) .NET
2 11 (9.09%) STL
3 6 (4.96%) Boost C++ Libraries
4 5 (4.13%) WPF
5 3 (2.48%) HTML
5 3 (2.48%) HTML5
5 3 (2.48%) WCF
6 1 (0.83%) COM
Miscellaneous
1 47 (38.84%) Computer Science
2 32 (26.45%) Mathematics
3 23 (19.01%) Physics
4 22 (18.18%) Foreign Exchange (FX)
5 17 (14.05%) Fixed Income
6 14 (11.57%) Derivative
7 13 (10.74%) Algorithms
8 12 (9.92%) Analytical Skills
8 12 (9.92%) Credit Risk
9 6 (4.96%) Equities
10 4 (3.31%) Equity Derivative
10 4 (3.31%) CUDA
11 3 (2.48%) Hedge funds
11 3 (2.48%) Grid Computing
12 2 (1.65%) Interest Rate Derivative
12 2 (1.65%) Market Risk
13 1 (0.83%) Open Source
13 1 (0.83%) Statistics
13 1 (0.83%) Client/Server
13 1 (0.83%) Data Structures
Operating Systems
1 56 (46.28%) Windows
2 46 (38.02%) Linux
3 5 (4.13%) UNIX
Processes & Methodologies
1 43 (35.54%) Analytics
2 23 (19.01%) Software Engineering
3 19 (15.70%) Validation
4 16 (13.22%) Risk Management
4 16 (13.22%) OO
5 13 (10.74%) Monte Carlo Method
6 11 (9.09%) Multithreading
7 10 (8.26%) Low Latency
7 10 (8.26%) Risk Analytics
8 9 (7.44%) Technical Analysis
9 7 (5.79%) Risk Assessment
10 6 (4.96%) Algorithmic Trading
11 5 (4.13%) Software Architecture
11 5 (4.13%) Agile Software Development
11 5 (4.13%) Asset Management
11 5 (4.13%) RAD
12 3 (2.48%) Electronic Trading
13 2 (1.65%) Data Modelling
13 2 (1.65%) Refactoring
13 2 (1.65%) Quantitative Analysis
Programming Languages
1 103 (85.12%) C++
2 57 (47.11%) C#
3 26 (21.49%) Python
4 19 (15.70%) Perl
5 16 (13.22%) Java
6 15 (12.40%) VBA
7 14 (11.57%) SQL
8 5 (4.13%) VB
8 5 (4.13%) MATLAB
9 4 (3.31%) VB6
9 4 (3.31%) VC++
10 2 (1.65%) R
11 1 (0.83%) PowerShell
11 1 (0.83%) F#
Qualifications
1 42 (34.71%) Degree
2 12 (9.92%) PhD
Quality Assurance & Compliance
1 5 (4.13%) Basel III
Vendors
1 8 (6.61%) Microsoft
2 4 (3.31%) Oracle
3 3 (2.48%) DataSynapse
4 2 (1.65%) TIBCO
5 1 (0.83%) Perforce
London
Hays Finance Technology
Rate: £550.00 - £999.00 per day
Posted: 4 days ago
London
Hays IT - Uk Posting account
Rate: £600 - £700 per day + Excellent & Neg
Posted: 4 days ago
City, London
TEKsystems
Rate: £750 - £950 per day
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £700.00 per day
Posted: 11 days ago