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 4 May 2016 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
4 May 2016
Same period 2015 Same period 2014
Quant Developer
Rank 389 389 335
Rank change year-on-year
0 -54
Contract jobs requiring a Quantitative Developer 44 35 86
As % of all contract IT jobs located in London 0.19% 0.16% 0.37%
As % of the Job Titles category 0.20% 0.16% 0.39%
Number of daily rates quoted 40 31 78
Median daily rate £625 £638 £675
Median daily rate % change year-on-year
-1.96% -5.55%
90% offered a daily rate of more than £548 £500 £600
10% offered a daily rate of more than £750 £713 £750
UK excluding London median daily rate - £613 -
Number of hourly rates quoted 1 0 0
Median hourly rate £80.00 - -
UK excluding London median 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
21586 21213 22108
As % of all contract IT jobs located in London 94.71% 94.75% 94.74%
Number of daily rates quoted 15649 14575 15433
Median daily rate £463 £450 £425
Median daily rate % change year-on-year
+2.77% +5.88%
90% offered a daily rate of more than £300 £275 £263
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 246 380 396
Median hourly rate £17.50 £20.00 £17.50
Median hourly rate % change year-on-year
-12.50% +14.28%
90% offered a hourly rate of more than £11.50 £12.50 £12.00
10% offered a hourly rate of more than £40.00 £55.00 £38.79
UK excluding London median hourly rate £18.00 £16.83 £17.00
% change year-on-year
+6.98% -1.02%

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 4 May 2016.

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 4 May 2016. 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
(Click see detailed
statistics and trends)
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 +43 9 £579 -17.32% 2
Canary Wharf - 1 - -
Quantitative Developer
England

Quantitative Developer Skill Set
Top 30 Related IT Skills in London

For the 6 months to 4 May 2016, 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 69 (70.41%) C++
2 48 (48.98%) Finance
3 46 (46.94%) C#
4 40 (40.82%) Fixed Income
5 38 (38.78%) Front Office
6 34 (34.69%) Python
7 33 (33.67%) Derivative
8 30 (30.61%) Banking
9 29 (29.59%) Mathematics
9 29 (29.59%) VBA
10 24 (24.49%) Investment Banking
11 23 (23.47%) PhD
11 23 (23.47%) Analytics
12 19 (19.39%) Foreign Exchange (FX)
13 18 (18.37%) SQL
14 17 (17.35%) Agile Software Development
15 16 (16.33%) MATLAB
16 12 (12.24%) Asset Management
16 12 (12.24%) Physics
16 12 (12.24%) OO
17 11 (11.22%) Java
17 11 (11.22%) Degree
18 10 (10.20%) Equities
18 10 (10.20%) .NET
18 10 (10.20%) SQL Server
19 9 (9.18%) Validation
19 9 (9.18%) Risk Management
19 9 (9.18%) Risk Analytics
20 8 (8.16%) Windows
20 8 (8.16%) Multithreading

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 (2.04%) IIS
1 2 (2.04%) SAS
Applications
1 1 (1.02%) MS Excel
1 1 (1.02%) Spreadsheet
Business Applications
1 3 (3.06%) FINCAD Analytics
Cloud Services
1 3 (3.06%) Cloud Computing
1 3 (3.06%) Microsoft Azure
Communications & Networking
1 1 (1.02%) HTTP
1 1 (1.02%) Internet
Database & Business Intelligence
1 10 (10.20%) SQL Server
2 3 (3.06%) Microsoft Analysis Services
2 3 (3.06%) MongoDB
2 3 (3.06%) SQL Server Analysis Services
3 2 (2.04%) SQL Server Integration Services
4 1 (1.02%) KDB
4 1 (1.02%) Relational Database
Development Applications
1 3 (3.06%) Visual Studio
2 2 (2.04%) JIRA
3 1 (1.02%) Subversion
General
1 48 (48.98%) Finance
2 38 (38.78%) Front Office
3 30 (30.61%) Banking
4 24 (24.49%) Investment Banking
5 3 (3.06%) Retail
6 2 (2.04%) Financial Institution
7 1 (1.02%) French Language
Libraries, Frameworks & Software Standards
1 10 (10.20%) .NET
2 6 (6.12%) Boost C++ Libraries
2 6 (6.12%) STL
3 5 (5.10%) HTML
4 3 (3.06%) AngularJS
4 3 (3.06%) XML
5 2 (2.04%) .NET Framework
5 2 (2.04%) ASP.NET
5 2 (2.04%) ASP.NET MVC
5 2 (2.04%) CSS
5 2 (2.04%) Web Services
5 2 (2.04%) WPF
6 1 (1.02%) COM
6 1 (1.02%) NumPy
6 1 (1.02%) Pandas
6 1 (1.02%) SciPy
6 1 (1.02%) XSLT
Miscellaneous
1 40 (40.82%) Fixed Income
2 33 (33.67%) Derivative
3 29 (29.59%) Mathematics
4 19 (19.39%) Foreign Exchange (FX)
5 12 (12.24%) Physics
6 10 (10.20%) Equities
7 8 (8.16%) Credit Derivative
8 7 (7.14%) Computer Science
8 7 (7.14%) Credit Risk
9 6 (6.12%) Analytical Skills
9 6 (6.12%) Interest Rate Derivative
9 6 (6.12%) Market Risk
10 5 (5.10%) Algorithms
11 4 (4.08%) Statistics
12 2 (2.04%) Economics
12 2 (2.04%) Grid Computing
12 2 (2.04%) Swaptions
12 2 (2.04%) Visualisation
13 1 (1.02%) Data Structures
13 1 (1.02%) Hedge funds
Operating Systems
1 8 (8.16%) Windows
2 6 (6.12%) Linux
3 1 (1.02%) Unix
Processes & Methodologies
1 23 (23.47%) Analytics
2 17 (17.35%) Agile Software Development
3 12 (12.24%) Asset Management
3 12 (12.24%) OO
4 9 (9.18%) Risk Analytics
4 9 (9.18%) Risk Management
4 9 (9.18%) Validation
5 8 (8.16%) Electronic Trading
5 8 (8.16%) Multithreading
6 6 (6.12%) Investment Management
6 6 (6.12%) Migration
7 4 (4.08%) OOP
7 4 (4.08%) Workflow
8 3 (3.06%) Data Modelling
8 3 (3.06%) Low Latency
8 3 (3.06%) Monte Carlo Method
8 3 (3.06%) Regression Testing
8 3 (3.06%) Stress Testing
8 3 (3.06%) System Testing
8 3 (3.06%) User Acceptance Testing
Programming Languages
1 69 (70.41%) C++
2 46 (46.94%) C#
3 34 (34.69%) Python
4 29 (29.59%) VBA
5 18 (18.37%) SQL
6 16 (16.33%) MATLAB
7 11 (11.22%) Java
8 6 (6.12%) VB
9 5 (5.10%) JavaScript
9 5 (5.10%) R
10 4 (4.08%) Haskell
10 4 (4.08%) PowerShell
11 3 (3.06%) C++/CLI
11 3 (3.06%) VB6
12 2 (2.04%) C
13 1 (1.02%) Perl
13 1 (1.02%) Shell Script
13 1 (1.02%) Tcl
13 1 (1.02%) VC++
Qualifications
1 23 (23.47%) PhD
2 11 (11.22%) Degree
3 2 (2.04%) Postgraduate
Quality Assurance & Compliance
1 6 (6.12%) QA
Systems Management
1 3 (3.06%) Control-M
Vendors
1 5 (5.10%) Oracle
2 3 (3.06%) Microsoft
3 1 (1.02%) Murex