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 28 April 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
28 Apr 2015
Same period 2014 Same period 2013
Quant Developer
Rank 382 329 368
Rank change year-on-year
-53 +39
Contract jobs requiring a Quantitative Developer 24 74 17
As % of all contract IT jobs located in London 0.11% 0.32% 0.078%
As % of the Job Titles category 0.12% 0.34% 0.084%
Number of daily rates quoted 22 67 13
Average daily rate
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£645 £650 £600
Average daily rate % change year-on-year
-0.76% +8.33%
90% offered a daily rate of more than £510 £600 £575
10% offered a daily rate of more than £724 £750 £670
UK excluding London average daily rate £613 - -
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
20694 21628 20137
As % of all contract IT jobs located in London 92.41% 92.64% 92.82%
Number of daily rates quoted 14214 15047 13619
Average daily rate £450 £425 £445
Average daily rate % change year-on-year
+5.88% -4.49%
90% offered a daily rate of more than £275 £266 £275
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 369 381 407
Average hourly rate £18.50 £17.50 £19.00
Average hourly rate % change year-on-year
+5.71% -7.89%
90% offered a hourly rate of more than £12.50 £12.00 £12.00
10% offered a hourly rate of more than £52.80 £38.86 £47.00
UK excluding London average hourly rate £16.70 £17.50 £17.50
% change year-on-year
-4.57% -

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 28 April 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 28 April 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 -2 7 £700 - 5
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 28 April 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 67 (77.01%) C++
2 37 (42.53%) Front Office
3 32 (36.78%) Finance
3 32 (36.78%) C#
4 28 (32.18%) VBA
5 27 (31.03%) Banking
6 26 (29.89%) Python
7 25 (28.74%) Investment Banking
7 25 (28.74%) Analytics
8 24 (27.59%) .NET
9 22 (25.29%) Derivative
10 20 (22.99%) Fixed Income
11 19 (21.84%) Foreign Exchange (FX)
12 18 (20.69%) Mathematics
13 17 (19.54%) Analytical Skills
13 17 (19.54%) SQL
13 17 (19.54%) OO
14 14 (16.09%) Windows
15 12 (13.79%) Risk Management
15 12 (13.79%) Monte Carlo Method
16 11 (12.64%) Java
17 10 (11.49%) PhD
17 10 (11.49%) Data Modelling
17 10 (11.49%) Multithreading
17 10 (11.49%) Degree
18 9 (10.34%) Physics
18 9 (10.34%) Validation
18 9 (10.34%) Grid Computing
18 9 (10.34%) Equities
19 8 (9.20%) Software Engineering

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 28 April 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 (3.45%) MS Excel
2 2 (2.30%) Spreadsheet
Business Applications
1 1 (1.15%) FINCAD Analytics
Cloud Services
1 1 (1.15%) Amazon AWS
Database & Business Intelligence
1 4 (4.60%) SQL Server
2 1 (1.15%) SQL Server Reporting Services
2 1 (1.15%) Big Data
Development Applications
1 4 (4.60%) Subversion
2 3 (3.45%) Visual Studio
3 1 (1.15%) JIRA
3 1 (1.15%) yacc
3 1 (1.15%) Visual Studio Tools for Office
3 1 (1.15%) ANTLR
3 1 (1.15%) Jenkins
General
1 37 (42.53%) Front Office
2 32 (36.78%) Finance
3 27 (31.03%) Banking
4 25 (28.74%) Investment Banking
5 4 (4.60%) Financial Institution
6 1 (1.15%) Aerospace
6 1 (1.15%) Automotive
Libraries, Frameworks & Software Standards
1 24 (27.59%) .NET
2 8 (9.20%) STL
3 7 (8.05%) Boost C++ Libraries
4 1 (1.15%) Twisted
4 1 (1.15%) ASP.NET
4 1 (1.15%) COM
4 1 (1.15%) XML
4 1 (1.15%) .NET Framework
4 1 (1.15%) FIX Protocol
Miscellaneous
1 22 (25.29%) Derivative
2 20 (22.99%) Fixed Income
3 19 (21.84%) Foreign Exchange (FX)
4 18 (20.69%) Mathematics
5 17 (19.54%) Analytical Skills
6 9 (10.34%) Physics
6 9 (10.34%) Grid Computing
6 9 (10.34%) Equities
7 8 (9.20%) Credit Risk
8 7 (8.05%) Computer Science
9 5 (5.75%) Equity Derivative
10 3 (3.45%) Statistics
10 3 (3.45%) Algorithms
11 1 (1.15%) Market Risk
11 1 (1.15%) Open Source
11 1 (1.15%) Interest Rate Derivative
11 1 (1.15%) Artificial Intelligence
11 1 (1.15%) Exotic Derivative
Operating Systems
1 14 (16.09%) Windows
2 7 (8.05%) Linux
3 3 (3.45%) UNIX
Processes & Methodologies
1 25 (28.74%) Analytics
2 17 (19.54%) OO
3 12 (13.79%) Risk Management
3 12 (13.79%) Monte Carlo Method
4 10 (11.49%) Multithreading
4 10 (11.49%) Data Modelling
5 9 (10.34%) Validation
6 8 (9.20%) Software Engineering
7 7 (8.05%) RAD
7 7 (8.05%) Low Latency
8 5 (5.75%) Agile Software Development
9 4 (4.60%) Asset Management
9 4 (4.60%) Workflow
9 4 (4.60%) Risk Assessment
9 4 (4.60%) Continuous Integration
9 4 (4.60%) Risk Analytics
10 3 (3.45%) Performance Tuning
10 3 (3.45%) Fund Management
10 3 (3.45%) TDD
11 2 (2.30%) Regression Testing
Programming Languages
1 67 (77.01%) C++
2 32 (36.78%) C#
3 28 (32.18%) VBA
4 26 (29.89%) Python
5 17 (19.54%) SQL
6 11 (12.64%) Java
7 7 (8.05%) Perl
8 6 (6.90%) MATLAB
9 5 (5.75%) R
10 2 (2.30%) C++/CLI
10 2 (2.30%) F#
10 2 (2.30%) C
10 2 (2.30%) VC++
11 1 (1.15%) VB
11 1 (1.15%) VB6
Qualifications
1 10 (11.49%) PhD
1 10 (11.49%) Degree
Quality Assurance & Compliance
1 3 (3.45%) QA
System Software
1 2 (2.30%) Platform Symphony
Vendors
1 5 (5.75%) Oracle
1 5 (5.75%) Microsoft
2 2 (2.30%) DataSynapse
3 1 (1.15%) Murex
City, London
Bloomberg LP
Posted: 3 days ago
London
Real Staffing
Rate: £550 - £650 per day
Posted: 13 days ago