The statistics below represent IT contracts advertised across the London region that had Quantitative Developer featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 17 January 2017 with a comparison to same period over 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.

3 months to
17 Jan 2017
Same period 2016 Same period 2015
Quant Developer
England / London
Rank 320 352 325
Rank change year-on-year
+32 -27
Contract jobs requiring a Quantitative Developer 76 53 70
As % of all contract IT jobs located in London 0.39% 0.26% 0.34%
As % of the Job Titles category 0.41% 0.27% 0.36%
Number of daily rates quoted 65 47 59
Median daily rate £725 £650 £650
Median daily rate % change year-on-year
+11.53% -
90% offered a daily rate of more than £570 £588 £545
10% offered a daily rate of more than £850 £750 £790
UK excluding London median daily rate - £375 £813
% change year-on-year
- -53.84%
Number of hourly rates quoted 1 0 0
Median hourly rate £56.00 - -
UK excluding London median hourly rate - - -

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
18377 19532 19691
As % of all contract IT jobs located in London 94.92% 95.15% 94.76%
Number of daily rates quoted 13128 13704 14023
Median daily rate £475 £450 £440
Median daily rate % change year-on-year
+5.55% +2.27%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £640 £625 £600
UK excluding London median daily rate £393 £380 £375
% change year-on-year
+3.28% +1.33%
Number of hourly rates quoted 249 305 343
Median hourly rate £20.12 £18.00 £17.50
Median hourly rate % change year-on-year
+11.80% +2.82%
90% offered a hourly rate of more than £11.50 £10.40 £12.50
10% offered a hourly rate of more than £50.00 £48.26 £36.60
UK excluding London median hourly rate £17.32 £17.50 £16.00
% change year-on-year
-1.02% +9.37%

Quantitative Developer
Jobs Demand Trend in London

The demand trend of IT contracts across the London region that featured Quantitative Developer in the job title.

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 17 January 2017.

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 median contractor rates quoted in IT jobs citing Quantitative Developer within the London region over the 3 months to 17 January 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -3 12 £725 +3.57% 2
Quantitative Developer
England

Quantitative Developer Skill Set
Top 30 Related IT Skills in London

For the 6 months to 17 January 2017, Quantitative Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring Quantitative Developer in the job title.

1 91 (67.41%) C++
2 62 (45.93%) Finance
3 59 (43.70%) C#
4 54 (40.00%) Front Office
5 41 (30.37%) Fixed Income
6 38 (28.15%) OO
7 33 (24.44%) Python
7 33 (24.44%) Banking
7 33 (24.44%) Market Risk
8 30 (22.22%) PhD
9 28 (20.74%) Foreign Exchange (FX)
9 28 (20.74%) Java
10 27 (20.00%) Analytics
11 26 (19.26%) OOP
12 25 (18.52%) Mathematics
12 25 (18.52%) Agile Software Development
12 25 (18.52%) Derivative
13 22 (16.30%) Subversion
13 22 (16.30%) Investment Banking
14 18 (13.33%) PnL Attribution
15 17 (12.59%) Windows
16 14 (10.37%) Linux
16 14 (10.37%) Monte Carlo Method
16 14 (10.37%) Quantitative Finance
16 14 (10.37%) Algorithms
17 13 (9.63%) Physics
17 13 (9.63%) Degree
17 13 (9.63%) .NET
17 13 (9.63%) Risk Management
18 12 (8.89%) MATLAB

Quantitative Developer Skill Set
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (1.48%) Confluence
2 1 (0.74%) SAS
Applications
1 8 (5.93%) Spreadsheet
2 5 (3.70%) MS Office
3 2 (1.48%) MS Excel
Business Applications
1 1 (0.74%) FINCAD Analytics
Cloud Services
1 1 (0.74%) Cloud Computing
1 1 (0.74%) Microsoft Azure
Database & Business Intelligence
1 7 (5.19%) SQL Server
2 2 (1.48%) Tick Data
3 1 (0.74%) Microsoft Analysis Services
3 1 (0.74%) MySQL
3 1 (0.74%) SQL Server Analysis Services
Development Applications
1 22 (16.30%) Subversion
2 10 (7.41%) JIRA
3 7 (5.19%) TeamCity
4 2 (1.48%) Sonatype Nexus
4 2 (1.48%) Visual Studio
General
1 62 (45.93%) Finance
2 54 (40.00%) Front Office
3 33 (24.44%) Banking
4 22 (16.30%) Investment Banking
5 3 (2.22%) Financial Institution
6 1 (0.74%) Back Office
6 1 (0.74%) Retail
Libraries, Frameworks & Software Standards
1 13 (9.63%) .NET
2 8 (5.93%) XML
3 4 (2.96%) .NET Framework
3 4 (2.96%) XSD
4 3 (2.22%) Boost C++ Libraries
4 3 (2.22%) STL
5 2 (1.48%) FpML
5 2 (1.48%) LINQ
5 2 (1.48%) WPF
6 1 (0.74%) FIX Protocol
6 1 (0.74%) NumPy
6 1 (0.74%) Pandas
6 1 (0.74%) SciPy
Miscellaneous
1 41 (30.37%) Fixed Income
2 33 (24.44%) Market Risk
3 28 (20.74%) Foreign Exchange (FX)
4 25 (18.52%) Derivative
4 25 (18.52%) Mathematics
5 14 (10.37%) Algorithms
6 13 (9.63%) Physics
7 12 (8.89%) CUDA
8 11 (8.15%) Computer Science
9 9 (6.67%) Credit Risk
9 9 (6.67%) Equities
10 7 (5.19%) Analytical Skills
11 6 (4.44%) Statistics
12 4 (2.96%) Economics
12 4 (2.96%) Life Science
12 4 (2.96%) Management Information System
12 4 (2.96%) OTC Derivatives
13 2 (1.48%) GPGPU
13 2 (1.48%) Grid Computing
13 2 (1.48%) Hedge funds
Operating Systems
1 17 (12.59%) Windows
2 14 (10.37%) Linux
3 6 (4.44%) Unix
Processes & Methodologies
1 38 (28.15%) OO
2 27 (20.00%) Analytics
3 26 (19.26%) OOP
4 25 (18.52%) Agile Software Development
5 18 (13.33%) PnL Attribution
6 14 (10.37%) Monte Carlo Method
6 14 (10.37%) Quantitative Finance
7 13 (9.63%) Risk Management
8 11 (8.15%) Continuous Integration
9 10 (7.41%) TDD
10 9 (6.67%) Risk Analytics
11 8 (5.93%) Stochastic Modelling
12 7 (5.19%) Electronic Trading
13 6 (4.44%) Multithreading
13 6 (4.44%) User Acceptance Testing
13 6 (4.44%) Validation
14 5 (3.70%) Quality Management
14 5 (3.70%) SDLC
14 5 (3.70%) Software Testing
14 5 (3.70%) Stochastic Calculus
Programming Languages
1 91 (67.41%) C++
2 59 (43.70%) C#
3 33 (24.44%) Python
4 28 (20.74%) Java
5 12 (8.89%) MATLAB
5 12 (8.89%) SQL
6 10 (7.41%) C
7 8 (5.93%) VBA
8 5 (3.70%) R
9 3 (2.22%) Ada
10 1 (0.74%) F#
10 1 (0.74%) PowerShell
10 1 (0.74%) Rust
10 1 (0.74%) VB
10 1 (0.74%) VB.NET
Qualifications
1 30 (22.22%) PhD
2 13 (9.63%) Degree
Quality Assurance & Compliance
1 5 (3.70%) QA
Vendors
1 5 (3.70%) Algorithmics
1 5 (3.70%) Bloomberg
1 5 (3.70%) Microsoft
2 4 (2.96%) Reuters
3 2 (1.48%) Oracle
3 2 (1.48%) Sybase
4 1 (0.74%) DataSynapse
4 1 (0.74%) FactSet
4 1 (0.74%) Sophis
London
X4 Group
Rate: Market related
Posted: Yesterday
London
X4 Group
Rate: £400 - 450 per day
Posted: 6 days ago