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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Quant Developer
Rank 339 364 347
Rank change year-on-year
+25 -17
Contract jobs requiring a Quantitative Developer 59 29 16
As % of all contract IT jobs located in London 0.28% 0.13% 0.083%
As % of the Job Titles category 0.30% 0.14% 0.089%
Number of daily rates quoted 51 23 13
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £675 £675
Average daily rate % change year-on-year
-7.40% -
90% offered a daily rate of more than £525 £560 £455
10% offered a daily rate of more than £725 £750 £1,000
UK excluding London average daily rate £1,000 - £600
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
19545 20081 18032
As % of all contract IT jobs located in London 92.53% 93.17% 93.29%
Number of daily rates quoted 13847 13699 12141
Average daily rate £440 £435 £425
Average daily rate % change year-on-year
+1.14% +2.35%
90% offered a daily rate of more than £275 £275 £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 327 376 496
Average hourly rate £18.00 £20.00 £20.00
Average hourly rate % change year-on-year
-10.00% -
90% offered a hourly rate of more than £12.50 £12.73 £12.50
10% offered a hourly rate of more than £40.00 £40.00 £42.50
UK excluding London average hourly rate £16.16 £16.50 £17.50
% change year-on-year
-2.06% -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 30 January 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 30 January 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 +21 17 £600 -11.11% 6
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 30 January 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.

1 101 (78.29%) C++
2 61 (47.29%) C#
3 52 (40.31%) Front Office
4 51 (39.53%) Banking
5 48 (37.21%) Investment Banking
6 46 (35.66%) .NET
7 42 (32.56%) Windows
8 38 (29.46%) Finance
9 37 (28.68%) Analytics
10 32 (24.81%) Mathematics
10 32 (24.81%) Python
11 27 (20.93%) VBA
12 26 (20.16%) Linux
12 26 (20.16%) Computer Science
13 24 (18.60%) SQL
14 23 (17.83%) OO
14 23 (17.83%) Analytical Skills
15 22 (17.05%) Foreign Exchange (FX)
15 22 (17.05%) Risk Management
16 21 (16.28%) Degree
17 20 (15.50%) Physics
18 19 (14.73%) Derivative
19 18 (13.95%) Java
20 16 (12.40%) Fixed Income
21 14 (10.85%) STL
21 14 (10.85%) Credit Risk
22 13 (10.08%) Multithreading
23 12 (9.30%) Monte Carlo Method
23 12 (9.30%) Low Latency
23 12 (9.30%) Algorithms

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 30 January 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 (2.33%) Spreadsheet
1 3 (2.33%) MS Excel
2 1 (0.78%) MS Office
Business Applications
1 1 (0.78%) FINCAD Analytics
Database & Business Intelligence
1 3 (2.33%) KDB
2 2 (1.55%) SQL Server
Development Applications
1 4 (3.10%) Subversion
2 3 (2.33%) ANTLR
2 3 (2.33%) yacc
2 3 (2.33%) Visual Studio
3 1 (0.78%) Visual Studio Tools for Office
3 1 (0.78%) JIRA
General
1 52 (40.31%) Front Office
2 51 (39.53%) Banking
3 48 (37.21%) Investment Banking
4 38 (29.46%) Finance
5 1 (0.78%) Aerospace
5 1 (0.78%) Automotive
Libraries, Frameworks & Software Standards
1 46 (35.66%) .NET
2 14 (10.85%) STL
3 7 (5.43%) Boost C++ Libraries
4 4 (3.10%) WPF
5 2 (1.55%) HTML
5 2 (1.55%) COM
5 2 (1.55%) HTML5
5 2 (1.55%) FIX Protocol
6 1 (0.78%) .NET Framework
6 1 (0.78%) ASP.NET
Miscellaneous
1 32 (24.81%) Mathematics
2 26 (20.16%) Computer Science
3 23 (17.83%) Analytical Skills
4 22 (17.05%) Foreign Exchange (FX)
5 20 (15.50%) Physics
6 19 (14.73%) Derivative
7 16 (12.40%) Fixed Income
8 14 (10.85%) Credit Risk
9 12 (9.30%) Algorithms
10 8 (6.20%) Equities
10 8 (6.20%) Equity Derivative
11 6 (4.65%) Grid Computing
12 4 (3.10%) Statistics
13 2 (1.55%) Open Source
13 2 (1.55%) Market Risk
14 1 (0.78%) Hedge funds
14 1 (0.78%) Artificial Intelligence
14 1 (0.78%) Exotic Derivative
14 1 (0.78%) Interest Rate Derivative
14 1 (0.78%) Client/Server
Operating Systems
1 42 (32.56%) Windows
2 26 (20.16%) Linux
3 5 (3.88%) UNIX
Processes & Methodologies
1 37 (28.68%) Analytics
2 23 (17.83%) OO
3 22 (17.05%) Risk Management
4 13 (10.08%) Multithreading
5 12 (9.30%) Monte Carlo Method
5 12 (9.30%) Low Latency
5 12 (9.30%) Data Modelling
6 11 (8.53%) Risk Assessment
6 11 (8.53%) Software Engineering
7 10 (7.75%) Validation
7 10 (7.75%) RAD
8 8 (6.20%) Agile Software Development
9 7 (5.43%) Risk Analytics
10 6 (4.65%) Technical Analysis
10 6 (4.65%) Algorithmic Trading
11 5 (3.88%) Software Architecture
12 4 (3.10%) Performance Tuning
12 4 (3.10%) Electronic Trading
13 3 (2.33%) Workflow
14 2 (1.55%) Asset Management
Programming Languages
1 101 (78.29%) C++
2 61 (47.29%) C#
3 32 (24.81%) Python
4 27 (20.93%) VBA
5 24 (18.60%) SQL
6 18 (13.95%) Java
7 10 (7.75%) Perl
8 9 (6.98%) MATLAB
9 6 (4.65%) VC++
10 4 (3.10%) R
11 2 (1.55%) C++/CLI
12 1 (0.78%) VB6
12 1 (0.78%) VB
Qualifications
1 21 (16.28%) Degree
2 11 (8.53%) PhD
Quality Assurance & Compliance
1 5 (3.88%) Basel III
2 1 (0.78%) QA
System Software
1 2 (1.55%) Platform Symphony
Vendors
1 12 (9.30%) Microsoft
2 8 (6.20%) Oracle
3 4 (3.10%) DataSynapse
4 2 (1.55%) TIBCO
London
McGregor Boyall
Rate: £550 - £675 per day
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 25 days ago
City of London
Huxley Banking & Financial Services
Rate: £600 - £650 per day + competitive
Posted: 25 days ago
City of London
Huxley Banking & Financial Services
Rate: £650 - £750 per day + competitive
Posted: 25 days ago