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 1 August 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
1 Aug 2014
Same period 2013 Same period 2012
Quant Developer
Rank 356 345 382
Rank change year-on-year
-11 +37
Contract jobs requiring a Quantitative Developer 52 69 28
As % of all contract IT jobs located in London 0.22% 0.28% 0.11%
As % of the Job Titles category 0.24% 0.31% 0.11%
Number of daily rates quoted 47 63 22
Average daily rate
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£650 £625 £775
Average daily rate % change year-on-year
+4.00% -19.35%
90% offered a daily rate of more than £600 £575 £528
10% offered a daily rate of more than £840 £700 £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
21746 22451 24427
As % of all contract IT jobs located in London 92.67% 92.46% 92.96%
Number of daily rates quoted 14852 15280 15911
Average daily rate £425 £445 £425
Average daily rate % change year-on-year
-4.49% +4.70%
90% offered a daily rate of more than £263 £275 £270
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 400 468 651
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 £13.50 £13.00
10% offered a hourly rate of more than £40.00 £41.50 £44.50
UK excluding London average hourly rate £16.50 £17.00 £18.50
% change year-on-year
-2.94% -8.10%
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 1 August 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 1 August 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 +13 17 £650 +8.33% 3
Canary Wharf - - - -
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 1 August 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.

1 117 (90.70%) C++
2 61 (47.29%) Front Office
3 58 (44.96%) Banking
4 55 (42.64%) Analytics
5 46 (35.66%) Degree
6 45 (34.88%) Windows
7 44 (34.11%) C#
8 42 (32.56%) Investment Banking
9 40 (31.01%) Linux
10 39 (30.23%) Fixed Income
11 38 (29.46%) Finance
11 38 (29.46%) Computer Science
12 32 (24.81%) VBA
13 28 (21.71%) Python
14 27 (20.93%) Software Engineering
15 26 (20.16%) Validation
15 26 (20.16%) Foreign Exchange (FX)
16 22 (17.05%) Perl
16 22 (17.05%) Risk Management
17 21 (16.28%) Derivative
18 20 (15.50%) PhD
18 20 (15.50%) Mathematics
19 18 (13.95%) Monte Carlo Method
20 13 (10.08%) Physics
21 12 (9.30%) SQL
21 12 (9.30%) STL
22 11 (8.53%) .NET
22 11 (8.53%) VB
22 11 (8.53%) Boost C++ Libraries
23 8 (6.20%) Java

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 1 August 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 (0.78%) Oracle Coherence
Applications
1 1 (0.78%) MS Excel
1 1 (0.78%) MS Office
Business Applications
1 1 (0.78%) RMDS
Database & Business Intelligence
1 3 (2.33%) SQL Server
2 2 (1.55%) SQL Server 2008
3 1 (0.78%) Big Data
Development Applications
1 1 (0.78%) Subversion
General
1 61 (47.29%) Front Office
2 58 (44.96%) Banking
3 42 (32.56%) Investment Banking
4 38 (29.46%) Finance
5 1 (0.78%) Financial Institution
Libraries, Frameworks & Software Standards
1 12 (9.30%) STL
2 11 (8.53%) .NET
2 11 (8.53%) Boost C++ Libraries
3 3 (2.33%) WCF
4 2 (1.55%) ADO.NET Entity Framework
4 2 (1.55%) .NET Framework
4 2 (1.55%) jQuery
5 1 (0.78%) HTML
5 1 (0.78%) FIX Protocol
5 1 (0.78%) WPF
5 1 (0.78%) HTML5
Miscellaneous
1 39 (30.23%) Fixed Income
2 38 (29.46%) Computer Science
3 26 (20.16%) Foreign Exchange (FX)
4 21 (16.28%) Derivative
5 20 (15.50%) Mathematics
6 13 (10.08%) Physics
7 7 (5.43%) Equities
7 7 (5.43%) Market Risk
7 7 (5.43%) Credit Risk
8 6 (4.65%) Statistics
8 6 (4.65%) CUDA
9 4 (3.10%) Credit Derivative
9 4 (3.10%) Economics
9 4 (3.10%) Grid Computing
10 3 (2.33%) Equity Derivative
11 2 (1.55%) Hedge funds
11 2 (1.55%) Client/Server
11 2 (1.55%) Interest Rate Derivative
12 1 (0.78%) Hybrid Derivative
12 1 (0.78%) Applied Mathematics
Operating Systems
1 45 (34.88%) Windows
2 40 (31.01%) Linux
3 2 (1.55%) UNIX
Processes & Methodologies
1 55 (42.64%) Analytics
2 27 (20.93%) Software Engineering
3 26 (20.16%) Validation
4 22 (17.05%) Risk Management
5 18 (13.95%) Monte Carlo Method
6 7 (5.43%) Quantitative Analysis
7 6 (4.65%) Multithreading
7 6 (4.65%) Low Latency
7 6 (4.65%) Technical Analysis
8 5 (3.88%) Asset Management
8 5 (3.88%) Risk Analytics
8 5 (3.88%) Stochastic Calculus
9 4 (3.10%) Stress Testing
9 4 (3.10%) Greeks
9 4 (3.10%) Econometrics
10 3 (2.33%) OOA/OOD
10 3 (2.33%) OO
11 2 (1.55%) Portfolio Management
11 2 (1.55%) Refactoring
11 2 (1.55%) Risk Assessment
Programming Languages
1 117 (90.70%) C++
2 44 (34.11%) C#
3 32 (24.81%) VBA
4 28 (21.71%) Python
5 22 (17.05%) Perl
6 12 (9.30%) SQL
7 11 (8.53%) VB
8 8 (6.20%) Java
9 7 (5.43%) Scala
10 5 (3.88%) MATLAB
11 4 (3.10%) VB6
12 2 (1.55%) R
12 2 (1.55%) F#
13 1 (0.78%) JavaScript
13 1 (0.78%) C
13 1 (0.78%) Haskell
13 1 (0.78%) OCaml
13 1 (0.78%) PowerShell
Qualifications
1 46 (35.66%) Degree
2 20 (15.50%) PhD
Quality Assurance & Compliance
1 3 (2.33%) Basel III
2 1 (0.78%) CRD IV
Vendors
1 2 (1.55%) TIBCO
2 1 (0.78%) Perforce
2 1 (0.78%) Microsoft
2 1 (0.78%) Oracle
2 1 (0.78%) DataSynapse
City, London
Harvey Nash plc
Rate: £500 - £600 per day
Posted: 23 hours ago
London
Hays IT - Uk Posting account
Rate: £600.00 - £750.00 per day
Posted: Yesterday
London
Hays IT - Uk Posting account
Rate: £550 - £650.00 per day + Excellent & Neg
Posted: 10 days ago