The first table below looks at the demand 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 11 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles advertised for the London region.

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
11 Jul 2014
Same period 2013 Same period 2012
Quant Developer
Rank 348 341 397
Rank change year-on-year
-7 +56
Contract jobs requiring a Quantitative Developer 58 62 26
As % of all contract IT jobs located in London 0.25% 0.26% 0.100%
As % of the Job Titles category 0.27% 0.28% 0.11%
Number of daily rates quoted 51 55 19
Average daily rate
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of your Daily Rate
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£650 £600 £825
Average daily rate % change year-on-year
+8.33% -27.27%
90% offered a daily rate of more than £600 £575 £505
10% offered a daily rate of more than £775 £690 £1,000
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
21143 22043 24232
As % of all contract IT jobs located in London 92.79% 92.40% 92.91%
Number of daily rates quoted 14595 14981 15695
Average daily rate £425 £443 £425
Average daily rate % change year-on-year
-3.95% +4.11%
90% offered a daily rate of more than £265 £275 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 393 477 629
Average hourly rate £17.50 £20.00 £20.00
Average hourly rate % change year-on-year
-12.50% -
90% offered a hourly rate of more than £11.50 £12.50 £12.60
10% offered a hourly rate of more than £40.00 £43.50 £41.50
UK excluding London average hourly rate £16.50 £17.47 £18.00
% change year-on-year
-5.55% -2.94%
Quantitative Developer
England

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 11 July 2014.

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 11 July 2014. 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 +15 19 £650 +8.33% 3
Canary Wharf - - - -
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 11 July 2014, 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.

1 120 (92.31%) C++
2 59 (45.38%) Banking
3 56 (43.08%) Front Office
3 56 (43.08%) Analytics
4 50 (38.46%) C#
5 47 (36.15%) Windows
6 45 (34.62%) Degree
7 43 (33.08%) Investment Banking
8 42 (32.31%) Linux
9 40 (30.77%) Fixed Income
10 35 (26.92%) Computer Science
11 34 (26.15%) Finance
11 34 (26.15%) Python
12 32 (24.62%) VBA
13 29 (22.31%) Perl
14 28 (21.54%) Foreign Exchange (FX)
15 27 (20.77%) Software Engineering
16 24 (18.46%) Validation
17 23 (17.69%) Risk Management
18 20 (15.38%) Derivative
19 19 (14.62%) Monte Carlo Method
20 17 (13.08%) PhD
21 16 (12.31%) Mathematics
22 14 (10.77%) Java
23 13 (10.00%) SQL
24 12 (9.23%) .NET
24 12 (9.23%) STL
25 11 (8.46%) VB
25 11 (8.46%) Boost C++ Libraries
26 10 (7.69%) Physics

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 11 July 2014, 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.

Application Platforms
1 1 (0.77%) BizTalk Server
1 1 (0.77%) Oracle Coherence
Applications
1 1 (0.77%) MS Excel
Business Applications
1 1 (0.77%) RMDS
Database & Business Intelligence
1 5 (3.85%) SQL Server
2 2 (1.54%) SQL Server 2008
3 1 (0.77%) Big Data
General
1 59 (45.38%) Banking
2 56 (43.08%) Front Office
3 43 (33.08%) Investment Banking
4 34 (26.15%) Finance
5 1 (0.77%) Financial Institution
Libraries, Frameworks & Software Standards
1 12 (9.23%) .NET
1 12 (9.23%) STL
2 11 (8.46%) Boost C++ Libraries
3 4 (3.08%) WCF
4 3 (2.31%) .NET Framework
5 2 (1.54%) WPF
5 2 (1.54%) jQuery
5 2 (1.54%) ADO.NET Entity Framework
6 1 (0.77%) HTML
6 1 (0.77%) HTML5
6 1 (0.77%) FIX Protocol
6 1 (0.77%) Middleware
Miscellaneous
1 40 (30.77%) Fixed Income
2 35 (26.92%) Computer Science
3 28 (21.54%) Foreign Exchange (FX)
4 20 (15.38%) Derivative
5 16 (12.31%) Mathematics
6 10 (7.69%) Physics
6 10 (7.69%) Credit Risk
7 6 (4.62%) Market Risk
7 6 (4.62%) CUDA
7 6 (4.62%) Statistics
8 5 (3.85%) Grid Computing
8 5 (3.85%) Equities
8 5 (3.85%) Credit Derivative
9 4 (3.08%) Economics
10 2 (1.54%) Interest Rate Derivative
10 2 (1.54%) Client/Server
10 2 (1.54%) Hedge funds
11 1 (0.77%) Applied Mathematics
11 1 (0.77%) Equity Derivative
11 1 (0.77%) Hybrid Derivative
Operating Systems
1 47 (36.15%) Windows
2 42 (32.31%) Linux
3 2 (1.54%) UNIX
Processes & Methodologies
1 56 (43.08%) Analytics
2 27 (20.77%) Software Engineering
3 24 (18.46%) Validation
4 23 (17.69%) Risk Management
5 19 (14.62%) Monte Carlo Method
6 8 (6.15%) Quantitative Analysis
7 6 (4.62%) Low Latency
8 5 (3.85%) Technical Analysis
8 5 (3.85%) Risk Analytics
8 5 (3.85%) Multithreading
8 5 (3.85%) Stochastic Calculus
8 5 (3.85%) Asset Management
9 4 (3.08%) Econometrics
9 4 (3.08%) RAD
9 4 (3.08%) Stress Testing
9 4 (3.08%) Greeks
10 3 (2.31%) OOA/OOD
11 2 (1.54%) OO
11 2 (1.54%) Risk Assessment
11 2 (1.54%) Migration
Programming Languages
1 120 (92.31%) C++
2 50 (38.46%) C#
3 34 (26.15%) Python
4 32 (24.62%) VBA
5 29 (22.31%) Perl
6 14 (10.77%) Java
7 13 (10.00%) SQL
8 11 (8.46%) VB
9 7 (5.38%) Scala
10 5 (3.85%) MATLAB
11 4 (3.08%) VB6
12 2 (1.54%) R
12 2 (1.54%) F#
13 1 (0.77%) Haskell
13 1 (0.77%) OCaml
13 1 (0.77%) PowerShell
13 1 (0.77%) JavaScript
13 1 (0.77%) C
Qualifications
1 45 (34.62%) Degree
2 17 (13.08%) PhD
Quality Assurance & Compliance
1 6 (4.62%) Basel III
2 1 (0.77%) CRD IV
Vendors
1 2 (1.54%) Sybase
1 2 (1.54%) TIBCO
2 1 (0.77%) Perforce
2 1 (0.77%) DataSynapse
2 1 (0.77%) Oracle
London
Aston Carter
Rate: £600 - £700 per day
Posted: 4 days ago
City, London
Harrington Starr
Rate: £500 - £650 per day
Posted: 4 days ago
City of London
Harrington Starr
Rate: £499 - £500 per day
Posted: 7 days ago
London
Hays IT - Uk Posting account
Rate: £700 - £800 per day + Excellent & Neg
Posted: 10 days ago
London
Hays IT - Uk Posting account
Rate: £800.00 - £999.00 per annum
Posted: 18 days ago