The table below looks at the statistics for the Senior 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 Senior Quantitative Developer in their job title over the 3 months to 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Senior Quant Developer
Rank 413 430 424
Rank change year-on-year
+17 -6
Contract jobs requiring a Senior Quantitative Developer 2 3 5
As % of all contract IT jobs located in London 0.008% 0.013% 0.020%
As % of the Job Titles category 0.009% 0.014% 0.022%
Number of daily rates quoted 2 3 5
Average daily rate
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£800 £750 £700
Average daily rate % change year-on-year
+6.66% +7.14%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Senior 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
21943 22179 23245
As % of all contract IT jobs located in London 92.52% 92.65% 92.96%
Number of daily rates quoted 15426 15072 15942
Average daily rate £450 £425 £438
Average daily rate % change year-on-year
+5.88% -2.85%
90% offered a daily rate of more than £275 £270 £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 321 416 451
Average hourly rate £18.00 £17.50 £19.25
Average hourly rate % change year-on-year
+2.85% -9.09%
90% offered a hourly rate of more than £12.50 £11.50 £13.00
10% offered a hourly rate of more than £43.90 £45.00 £42.30
UK excluding London average hourly rate £17.00 £16.50 £17.00
% change year-on-year
+3.03% -2.94%

Senior Quantitative Developer
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Senior Quantitative Developer in the job title across the London region as a proportion of the total demand within the Job Titles category.

Senior Quantitative Developer Jobs Demand Trend in London

Senior Quantitative Developer
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Senior Quantitative Developer across the London region.

Senior Quantitative Developer Daily Rate Trend in London

Senior Quantitative Developer
Top 24 Related IT Skills in London

For the 6 months to 28 August 2015, IT contractor jobs across the London region that cited Senior 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 Senior Quantitative Developer in their job title.

1 5 (100.00%) C#
1 5 (100.00%) C++
2 4 (80.00%) Front Office
2 4 (80.00%) Fixed Income
3 3 (60.00%) SQL
4 2 (40.00%) VBA
4 2 (40.00%) SQL Server
4 2 (40.00%) PhD
4 2 (40.00%) Equities
4 2 (40.00%) C
4 2 (40.00%) Analytics
4 2 (40.00%) Banking
4 2 (40.00%) Investment Banking
4 2 (40.00%) Mathematics
4 2 (40.00%) Physics
4 2 (40.00%) Computer Science
5 1 (20.00%) Risk Analysis
5 1 (20.00%) Boost C++ Libraries
5 1 (20.00%) Derivative
5 1 (20.00%) Interest Rate Derivative
5 1 (20.00%) Grid Computing
5 1 (20.00%) Foreign Exchange (FX)
5 1 (20.00%) STL
5 1 (20.00%) Oracle

Senior Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 28 August 2015, IT contractor jobs across the London region that cited Senior 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 Senior Quantitative Developer in their job title. Up to 20 skills are shown per category.

Database & Business Intelligence
1 2 (40.00%) SQL Server
General
1 4 (80.00%) Front Office
2 2 (40.00%) Banking
2 2 (40.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (20.00%) STL
1 1 (20.00%) Boost C++ Libraries
Miscellaneous
1 4 (80.00%) Fixed Income
2 2 (40.00%) Equities
2 2 (40.00%) Mathematics
2 2 (40.00%) Physics
2 2 (40.00%) Computer Science
3 1 (20.00%) Foreign Exchange (FX)
3 1 (20.00%) Derivative
3 1 (20.00%) Interest Rate Derivative
3 1 (20.00%) Grid Computing
Processes & Methodologies
1 2 (40.00%) Analytics
2 1 (20.00%) Risk Analysis
Programming Languages
1 5 (100.00%) C#
1 5 (100.00%) C++
2 3 (60.00%) SQL
3 2 (40.00%) VBA
3 2 (40.00%) C
Qualifications
1 2 (40.00%) PhD
Vendors
1 1 (20.00%) Oracle