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 2 July 2015 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
2 Jul 2015
Same period 2014 Same period 2013
Quant Developer
Rank 387 342 355
Rank change year-on-year
-45 +13
Contract jobs requiring a Quantitative Developer 19 67 60
As % of all contract IT jobs located in London 0.083% 0.29% 0.26%
As % of the Job Titles category 0.090% 0.31% 0.28%
Number of daily rates quoted 18 57 53
Average daily rate
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£663 £650 £600
Average daily rate % change year-on-year
+1.92% +8.33%
90% offered a daily rate of more than £570 £600 £575
10% offered a daily rate of more than £708 £750 £670
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
21158 21596 21711
As % of all contract IT jobs located in London 91.94% 92.92% 92.43%
Number of daily rates quoted 14783 14965 14719
Average daily rate £450 £425 £450
Average daily rate % change year-on-year
+5.88% -5.55%
90% offered a daily rate of more than £275 £265 £275
10% offered a daily rate of more than £613 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 357 391 469
Average hourly rate £19.00 £17.50 £20.00
Average hourly rate % change year-on-year
+8.57% -12.50%
90% offered a hourly rate of more than £11.72 £11.00 £12.28
10% offered a hourly rate of more than £43.40 £35.00 £45.00
UK excluding London average hourly rate £16.50 £16.25 £17.50
% change year-on-year
+1.53% -7.14%

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 2 July 2015.

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 2 July 2015. 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 -18 7 £650 - 4
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 2 July 2015, 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 41 (83.67%) C++
2 27 (55.10%) Front Office
3 20 (40.82%) C#
4 19 (38.78%) VBA
5 18 (36.73%) Fixed Income
6 16 (32.65%) Finance
7 15 (30.61%) Derivative
7 15 (30.61%) OO
8 14 (28.57%) Analytics
9 11 (22.45%) Analytical Skills
10 10 (20.41%) Mathematics
10 10 (20.41%) Python
10 10 (20.41%) .NET
11 9 (18.37%) Banking
11 9 (18.37%) Multithreading
12 8 (16.33%) Investment Banking
12 8 (16.33%) SQL
12 8 (16.33%) Foreign Exchange (FX)
13 7 (14.29%) Equities
13 7 (14.29%) Risk Management
13 7 (14.29%) Monte Carlo Method
13 7 (14.29%) Low Latency
14 6 (12.24%) Degree
14 6 (12.24%) Credit Risk
14 6 (12.24%) Grid Computing
14 6 (12.24%) Asset Management
14 6 (12.24%) Java
14 6 (12.24%) SQL Server
14 6 (12.24%) Windows
15 5 (10.20%) PhD

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 2 July 2015, 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.

Applications
1 3 (6.12%) MS Excel
2 2 (4.08%) Spreadsheet
Business Applications
1 1 (2.04%) FINCAD Analytics
Cloud Services
1 1 (2.04%) Cloud Computing
1 1 (2.04%) Microsoft Azure
Database & Business Intelligence
1 6 (12.24%) SQL Server
2 3 (6.12%) Big Data
3 2 (4.08%) SQL Server Reporting Services
4 1 (2.04%) SQL Server Integration Services
Development Applications
1 2 (4.08%) Visual Studio
2 1 (2.04%) Subversion
2 1 (2.04%) Jenkins
General
1 27 (55.10%) Front Office
2 16 (32.65%) Finance
3 9 (18.37%) Banking
4 8 (16.33%) Investment Banking
5 4 (8.16%) Financial Institution
Libraries, Frameworks & Software Standards
1 10 (20.41%) .NET
2 3 (6.12%) STL
2 3 (6.12%) Boost C++ Libraries
3 2 (4.08%) XML
4 1 (2.04%) Middleware
4 1 (2.04%) COM
4 1 (2.04%) Twisted
Miscellaneous
1 18 (36.73%) Fixed Income
2 15 (30.61%) Derivative
3 11 (22.45%) Analytical Skills
4 10 (20.41%) Mathematics
5 8 (16.33%) Foreign Exchange (FX)
6 7 (14.29%) Equities
7 6 (12.24%) Grid Computing
7 6 (12.24%) Credit Risk
8 4 (8.16%) Algorithms
9 3 (6.12%) Physics
9 3 (6.12%) Computer Science
9 3 (6.12%) Interest Rate Derivative
10 2 (4.08%) Equity Derivative
11 1 (2.04%) Credit Derivative
11 1 (2.04%) Management Information System
11 1 (2.04%) Wiki
11 1 (2.04%) Swaptions
Operating Systems
1 6 (12.24%) Windows
2 3 (6.12%) Linux
2 3 (6.12%) UNIX
Processes & Methodologies
1 15 (30.61%) OO
2 14 (28.57%) Analytics
3 9 (18.37%) Multithreading
4 7 (14.29%) Monte Carlo Method
4 7 (14.29%) Low Latency
4 7 (14.29%) Risk Management
5 6 (12.24%) Asset Management
6 5 (10.20%) Workflow
6 5 (10.20%) Risk Analytics
7 4 (8.16%) Validation
7 4 (8.16%) RAD
7 4 (8.16%) Data Modelling
8 3 (6.12%) Agile Software Development
8 3 (6.12%) SDLC
9 2 (4.08%) Market Making
9 2 (4.08%) Continuous Integration
9 2 (4.08%) Memory Management
9 2 (4.08%) Risk Analysis
9 2 (4.08%) Electronic Trading
9 2 (4.08%) Investment Management
Programming Languages
1 41 (83.67%) C++
2 20 (40.82%) C#
3 19 (38.78%) VBA
4 10 (20.41%) Python
5 8 (16.33%) SQL
6 6 (12.24%) Java
7 4 (8.16%) F#
8 3 (6.12%) Perl
9 2 (4.08%) C
9 2 (4.08%) C++/CLI
10 1 (2.04%) PowerShell
10 1 (2.04%) R
10 1 (2.04%) VB
10 1 (2.04%) VB6
Qualifications
1 6 (12.24%) Degree
2 5 (10.20%) PhD
Quality Assurance & Compliance
1 2 (4.08%) QA
Systems Management
1 1 (2.04%) Control-M
Vendors
1 3 (6.12%) Oracle
1 3 (6.12%) Microsoft
2 1 (2.04%) Murex
2 1 (2.04%) Sybase
London
Eames Consulting
Rate: £650 per day
Posted: 7 hours ago
City of London
Harrington Starr
Rate: £400 - £700 per day
Posted: 14 hours ago
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: Yesterday
City, London
TEKsystems
Rate: £600 - £650 per annum
Posted: Yesterday