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 18 September 2014 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
18 Sep 2014
Same period 2013 Same period 2012
Quant Developer
Rank 374 377 344
Rank change year-on-year
+3 -33
Contract jobs requiring a Quantitative Developer 55 48 64
As % of all contract IT jobs located in London 0.22% 0.19% 0.25%
As % of the Job Titles category 0.24% 0.21% 0.27%
Number of daily rates quoted 46 45 51
Average daily rate
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£675 £650 £650
Average daily rate % change year-on-year
+3.84% -
90% offered a daily rate of more than £600 £600 £550
10% offered a daily rate of more than £800 £760 £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 - - -
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
22577 23003 24025
As % of all contract IT jobs located in London 92.29% 92.96% 93.06%
Number of daily rates quoted 15594 15798 15792
Average daily rate £425 £430 £425
Average daily rate % change year-on-year
-1.16% +1.17%
90% offered a daily rate of more than £270 £270 £265
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £360 £350 £345
% change year-on-year
+2.85% +1.44%
Number of hourly rates quoted 430 435 616
Average hourly rate £17.50 £19.50 £20.00
Average hourly rate % change year-on-year
-10.25% -2.50%
90% offered a hourly rate of more than £12.00 £13.00 £12.00
10% offered a hourly rate of more than £42.50 £45.00 £45.00
UK excluding London average hourly rate £16.50 £16.00 £17.50
% change year-on-year
+3.12% -8.57%

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 18 September 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 18 September 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 12 £650 - 2
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 18 September 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.

1 108 (85.71%) C++
2 60 (47.62%) Banking
3 57 (45.24%) Front Office
4 50 (39.68%) Windows
5 46 (36.51%) C#
5 46 (36.51%) Investment Banking
6 43 (34.13%) Linux
7 40 (31.75%) Computer Science
8 37 (29.37%) Analytics
9 36 (28.57%) Degree
10 30 (23.81%) Finance
11 27 (21.43%) Fixed Income
12 25 (19.84%) Foreign Exchange (FX)
13 24 (19.05%) Python
13 24 (19.05%) Mathematics
14 23 (18.25%) Software Engineering
15 22 (17.46%) Validation
15 22 (17.46%) VBA
16 19 (15.08%) Perl
17 18 (14.29%) Derivative
18 17 (13.49%) PhD
19 16 (12.70%) Physics
19 16 (12.70%) Monte Carlo Method
20 15 (11.90%) Java
20 15 (11.90%) .NET
20 15 (11.90%) Risk Management
21 12 (9.52%) SQL
22 11 (8.73%) STL
23 10 (7.94%) Multithreading
23 10 (7.94%) Credit Risk

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 18 September 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 (0.79%) Oracle Coherence
Applications
1 2 (1.59%) MS Office
2 1 (0.79%) MS Excel
Database & Business Intelligence
1 3 (2.38%) KDB
2 2 (1.59%) SQL Server
3 1 (0.79%) SQL Server 2008
3 1 (0.79%) Big Data
Development Applications
1 2 (1.59%) Subversion
General
1 60 (47.62%) Banking
2 57 (45.24%) Front Office
3 46 (36.51%) Investment Banking
4 30 (23.81%) Finance
Libraries, Frameworks & Software Standards
1 15 (11.90%) .NET
2 11 (8.73%) STL
3 7 (5.56%) Boost C++ Libraries
4 3 (2.38%) WCF
5 1 (0.79%) WPF
5 1 (0.79%) jQuery
5 1 (0.79%) .NET Framework
5 1 (0.79%) HTML5
5 1 (0.79%) ADO.NET Entity Framework
5 1 (0.79%) HTML
Miscellaneous
1 40 (31.75%) Computer Science
2 27 (21.43%) Fixed Income
3 25 (19.84%) Foreign Exchange (FX)
4 24 (19.05%) Mathematics
5 18 (14.29%) Derivative
6 16 (12.70%) Physics
7 10 (7.94%) Credit Risk
8 9 (7.14%) Analytical Skills
9 7 (5.56%) Equities
10 5 (3.97%) CUDA
10 5 (3.97%) Equity Derivative
11 4 (3.17%) Market Risk
12 3 (2.38%) Hedge funds
12 3 (2.38%) Grid Computing
13 2 (1.59%) Credit Derivative
13 2 (1.59%) Interest Rate Derivative
14 1 (0.79%) Hybrid Derivative
14 1 (0.79%) Client/Server
14 1 (0.79%) Statistics
14 1 (0.79%) Applied Mathematics
Operating Systems
1 50 (39.68%) Windows
2 43 (34.13%) Linux
3 5 (3.97%) UNIX
Processes & Methodologies
1 37 (29.37%) Analytics
2 23 (18.25%) Software Engineering
3 22 (17.46%) Validation
4 16 (12.70%) Monte Carlo Method
5 15 (11.90%) Risk Management
6 10 (7.94%) Multithreading
7 9 (7.14%) OO
8 7 (5.56%) Technical Analysis
9 6 (4.76%) Low Latency
9 6 (4.76%) Algorithmic Trading
10 5 (3.97%) Risk Analytics
10 5 (3.97%) Agile Software Development
10 5 (3.97%) Asset Management
11 4 (3.17%) RAD
12 3 (2.38%) Electronic Trading
13 2 (1.59%) Quantitative Analysis
13 2 (1.59%) OOP
13 2 (1.59%) Stakeholder Management
14 1 (0.79%) Risk Assessment
14 1 (0.79%) Migration
Programming Languages
1 108 (85.71%) C++
2 46 (36.51%) C#
3 24 (19.05%) Python
4 22 (17.46%) VBA
5 19 (15.08%) Perl
6 15 (11.90%) Java
7 12 (9.52%) SQL
8 6 (4.76%) VB
9 4 (3.17%) MATLAB
9 4 (3.17%) VB6
10 2 (1.59%) R
11 1 (0.79%) PowerShell
11 1 (0.79%) F#
11 1 (0.79%) Scala
11 1 (0.79%) VC++
11 1 (0.79%) C
Qualifications
1 36 (28.57%) Degree
2 17 (13.49%) PhD
Quality Assurance & Compliance
1 6 (4.76%) Basel III
Vendors
1 2 (1.59%) Oracle
1 2 (1.59%) Microsoft
1 2 (1.59%) TIBCO
1 2 (1.59%) DataSynapse
2 1 (0.79%) Perforce
London
Intapeople
Rate: £400
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £550 - £750 per day + Depending on exp
Posted: 8 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £700.00 per annum
Posted: 13 days ago
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Hays IT - Uk Posting account
Rate: £650 - £750 per day + Depending on exp
Posted: 13 days ago