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 22 May 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
22 May 2015
Same period 2014 Same period 2013
Quant Developer
Rank 379 319 365
Rank change year-on-year
-60 +46
Contract jobs requiring a Quantitative Developer 24 76 31
As % of all contract IT jobs located in London 0.11% 0.34% 0.14%
As % of the Job Titles category 0.12% 0.36% 0.15%
Number of daily rates quoted 22 67 29
Average daily rate
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£650 £650 £600
Average daily rate % change year-on-year
- +8.33%
90% offered a daily rate of more than £600 £600 £550
10% offered a daily rate of more than £724 £750 £680
UK excluding London average daily rate £613 - -
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
20445 21023 20332
As % of all contract IT jobs located in London 92.24% 92.91% 92.47%
Number of daily rates quoted 14135 14816 13711
Average daily rate £450 £425 £450
Average daily rate % change year-on-year
+5.88% -5.55%
90% offered a daily rate of more than £275 £271 £275
10% offered a daily rate of more than £615 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 380 371 455
Average hourly rate £18.71 £17.50 £20.00
Average hourly rate % change year-on-year
+6.91% -12.50%
90% offered a hourly rate of more than £12.50 £11.85 £12.50
10% offered a hourly rate of more than £50.00 £35.00 £47.50
UK excluding London average hourly rate £16.00 £17.00 £17.50
% change year-on-year
-5.88% -2.85%

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 22 May 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 22 May 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 -14 7 £700 +7.69% 5
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 22 May 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 47 (75.81%) C++
2 32 (51.61%) Front Office
3 25 (40.32%) C#
4 22 (35.48%) Finance
5 21 (33.87%) VBA
6 19 (30.65%) Analytics
7 18 (29.03%) Derivative
7 18 (29.03%) Fixed Income
8 16 (25.81%) Banking
8 16 (25.81%) .NET
8 16 (25.81%) OO
9 15 (24.19%) Python
9 15 (24.19%) Investment Banking
10 14 (22.58%) Analytical Skills
11 13 (20.97%) Mathematics
11 13 (20.97%) Foreign Exchange (FX)
12 11 (17.74%) SQL
13 9 (14.52%) Java
13 9 (14.52%) Risk Management
13 9 (14.52%) Monte Carlo Method
14 8 (12.90%) Multithreading
14 8 (12.90%) Grid Computing
15 7 (11.29%) Degree
15 7 (11.29%) Low Latency
16 6 (9.68%) Physics
16 6 (9.68%) Credit Risk
16 6 (9.68%) Equities
16 6 (9.68%) RAD
16 6 (9.68%) Windows
16 6 (9.68%) PhD

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 22 May 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 2 (3.23%) Spreadsheet
1 2 (3.23%) MS Excel
Business Applications
1 1 (1.61%) FINCAD Analytics
Cloud Services
1 1 (1.61%) Amazon AWS
Database & Business Intelligence
1 4 (6.45%) SQL Server
2 3 (4.84%) Big Data
3 1 (1.61%) SQL Server Reporting Services
Development Applications
1 2 (3.23%) Subversion
1 2 (3.23%) Visual Studio
2 1 (1.61%) ANTLR
2 1 (1.61%) yacc
2 1 (1.61%) Jenkins
General
1 32 (51.61%) Front Office
2 22 (35.48%) Finance
3 16 (25.81%) Banking
4 15 (24.19%) Investment Banking
5 4 (6.45%) Financial Institution
6 1 (1.61%) Aerospace
6 1 (1.61%) Automotive
Libraries, Frameworks & Software Standards
1 16 (25.81%) .NET
2 5 (8.06%) STL
2 5 (8.06%) Boost C++ Libraries
3 1 (1.61%) ASP.NET
3 1 (1.61%) XML
3 1 (1.61%) FIX Protocol
3 1 (1.61%) Twisted
Miscellaneous
1 18 (29.03%) Derivative
1 18 (29.03%) Fixed Income
2 14 (22.58%) Analytical Skills
3 13 (20.97%) Mathematics
3 13 (20.97%) Foreign Exchange (FX)
4 8 (12.90%) Grid Computing
5 6 (9.68%) Physics
5 6 (9.68%) Credit Risk
5 6 (9.68%) Equities
6 4 (6.45%) Algorithms
6 4 (6.45%) Equity Derivative
6 4 (6.45%) Computer Science
7 2 (3.23%) Statistics
7 2 (3.23%) Interest Rate Derivative
8 1 (1.61%) Credit Derivative
8 1 (1.61%) Artificial Intelligence
8 1 (1.61%) Open Source
8 1 (1.61%) Exotic Derivative
8 1 (1.61%) Swaptions
Operating Systems
1 6 (9.68%) Windows
2 2 (3.23%) UNIX
2 2 (3.23%) Linux
Processes & Methodologies
1 19 (30.65%) Analytics
2 16 (25.81%) OO
3 9 (14.52%) Risk Management
3 9 (14.52%) Monte Carlo Method
4 8 (12.90%) Multithreading
5 7 (11.29%) Low Latency
6 6 (9.68%) RAD
6 6 (9.68%) Data Modelling
7 5 (8.06%) Validation
8 4 (6.45%) Risk Analytics
8 4 (6.45%) Workflow
8 4 (6.45%) Software Engineering
8 4 (6.45%) Asset Management
9 3 (4.84%) Agile Software Development
9 3 (4.84%) Risk Assessment
9 3 (4.84%) Fund Management
10 2 (3.23%) Memory Management
10 2 (3.23%) Market Making
10 2 (3.23%) Continuous Integration
10 2 (3.23%) Risk Analysis
Programming Languages
1 47 (75.81%) C++
2 25 (40.32%) C#
3 21 (33.87%) VBA
4 15 (24.19%) Python
5 11 (17.74%) SQL
6 9 (14.52%) Java
7 4 (6.45%) F#
7 4 (6.45%) Perl
8 2 (3.23%) R
8 2 (3.23%) C++/CLI
8 2 (3.23%) MATLAB
8 2 (3.23%) C
9 1 (1.61%) VB
9 1 (1.61%) VB6
Qualifications
1 7 (11.29%) Degree
2 6 (9.68%) PhD
Quality Assurance & Compliance
1 3 (4.84%) QA
System Software
1 2 (3.23%) Platform Symphony
Vendors
1 3 (4.84%) Oracle
2 2 (3.23%) DataSynapse
2 2 (3.23%) Microsoft
3 1 (1.61%) Murex
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £700.00 per day
Posted: 15 days ago
City, London
Bloomberg LP
Posted: 17 days ago