The statistics below represent IT contracts advertised across the UK that had Quantitative Developer featuring in the job title. Included is a guide to the contractor rates offered over the 3 months to 21 January 2017 with a comparison to same period over 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.

3 months to
21 Jan 2017
Same period 2016 Same period 2015
Quant Developer
UK
Rank 504 566 535
Rank change year-on-year
+62 -31
Contract jobs requiring a Quantitative Developer 78 61 72
As % of all contract IT jobs located in the UK 0.18% 0.12% 0.14%
As % of the Job Titles category 0.19% 0.13% 0.15%
Number of daily rates quoted 67 56 61
Median daily rate £725 £650 £625
Median daily rate % change year-on-year
+11.53% +4.00%
90% offered a daily rate of more than £540 £588 £550
10% offered a daily rate of more than £850 £750 £850
UK excluding London median daily rate - £375 £813
% change year-on-year
- -53.84%
Number of hourly rates quoted 1 0 0
Median hourly rate £56.00 - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised across the UK. 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
UK
Contract IT job ads with a match in the
Job Titles category
41727 48141 48107
As % of all contract IT jobs located in the UK 94.76% 94.74% 94.66%
Number of daily rates quoted 27140 30642 30268
Median daily rate £425 £413 £400
Median daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £250 £250 £235
10% offered a daily rate of more than £600 £588 £575
UK excluding London median daily rate £390 £375 £375
% change year-on-year
+4.00% -
Number of hourly rates quoted 1485 1738 1911
Median hourly rate £18.00 £17.50 £16.50
Median hourly rate % change year-on-year
+2.85% +6.06%
90% offered a hourly rate of more than £11.13 £10.75 £10.50
10% offered a hourly rate of more than £45.50 £47.50 £37.50
UK excluding London median hourly rate £17.50 £17.50 £16.00
% change year-on-year
- +9.37%

Quantitative Developer
Jobs Demand Trend

The demand trend of IT contracts that featured Quantitative Developer in the job title.

Quantitative Developer Jobs Demand Trend in the UK

Quantitative Developer
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Developer within the UK.

Quantitative Developer Daily Rate Trend in the UK

Quantitative Developer
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Developer within the UK over the 3 months to 21 January 2017.

Quantitative Developer Daily Rate Histogram in the UK

Quantitative Developer
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Developer within the UK.

Quantitative Developer Hourly Rate Trend in the UK

Quantitative Developer
Top 3 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Developer within the UK over the 3 months to 21 January 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +40 78 £725 +11.53% 17
London +33 78 £725 +11.53% 16
City of London -3 13 £725 -3.33% 5

Quantitative Developer Skill Set
Top 30 Related IT Skills

For the 6 months to 21 January 2017, Quantitative Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Quantitative Developer in the job title.

1 92 (68.15%) C++
2 64 (47.41%) Finance
3 59 (43.70%) C#
4 54 (40.00%) Front Office
5 38 (28.15%) Fixed Income
6 37 (27.41%) OO
7 34 (25.19%) Python
8 33 (24.44%) Banking
8 33 (24.44%) Market Risk
9 31 (22.96%) PhD
10 30 (22.22%) Java
11 27 (20.00%) Mathematics
12 26 (19.26%) Foreign Exchange (FX)
13 25 (18.52%) OOP
13 25 (18.52%) Agile Software Development
13 25 (18.52%) Derivative
13 25 (18.52%) Analytics
14 22 (16.30%) Subversion
15 21 (15.56%) Investment Banking
16 17 (12.59%) Windows
16 17 (12.59%) PnL Attribution
17 15 (11.11%) Degree
18 14 (10.37%) Physics
18 14 (10.37%) Computer Science
18 14 (10.37%) Monte Carlo Method
18 14 (10.37%) Linux
18 14 (10.37%) Quantitative Finance
18 14 (10.37%) Algorithms
19 13 (9.63%) SQL
19 13 (9.63%) .NET

Quantitative Developer Skill Set
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (1.48%) Confluence
2 1 (0.74%) SAS
Applications
1 8 (5.93%) Spreadsheet
2 5 (3.70%) MS Office
3 2 (1.48%) MS Excel
Business Applications
1 2 (1.48%) FINCAD Analytics
2 1 (0.74%) ION MarketView
Cloud Services
1 1 (0.74%) Cloud Computing
1 1 (0.74%) Microsoft Azure
Database & Business Intelligence
1 7 (5.19%) SQL Server
2 2 (1.48%) Tick Data
3 1 (0.74%) Microsoft Analysis Services
3 1 (0.74%) MySQL
3 1 (0.74%) SQL Server Analysis Services
Development Applications
1 22 (16.30%) Subversion
2 10 (7.41%) JIRA
3 7 (5.19%) TeamCity
4 2 (1.48%) Sonatype Nexus
4 2 (1.48%) Visual Studio
General
1 64 (47.41%) Finance
2 54 (40.00%) Front Office
3 33 (24.44%) Banking
4 21 (15.56%) Investment Banking
5 3 (2.22%) Financial Institution
6 1 (0.74%) Back Office
6 1 (0.74%) Retail
Libraries, Frameworks & Software Standards
1 13 (9.63%) .NET
2 8 (5.93%) XML
3 4 (2.96%) .NET Framework
3 4 (2.96%) XSD
4 2 (1.48%) Boost C++ Libraries
4 2 (1.48%) FpML
4 2 (1.48%) LINQ
4 2 (1.48%) STL
5 1 (0.74%) FIX Protocol
5 1 (0.74%) JNI
5 1 (0.74%) NumPy
5 1 (0.74%) Pandas
5 1 (0.74%) SciPy
5 1 (0.74%) WPF
Miscellaneous
1 38 (28.15%) Fixed Income
2 33 (24.44%) Market Risk
3 27 (20.00%) Mathematics
4 26 (19.26%) Foreign Exchange (FX)
5 25 (18.52%) Derivative
6 14 (10.37%) Algorithms
6 14 (10.37%) Computer Science
6 14 (10.37%) Physics
7 12 (8.89%) CUDA
8 11 (8.15%) Equities
9 9 (6.67%) Credit Risk
10 7 (5.19%) Analytical Skills
11 6 (4.44%) Statistics
12 5 (3.70%) Economics
12 5 (3.70%) OTC Derivatives
13 4 (2.96%) Life Science
13 4 (2.96%) Management Information System
14 2 (1.48%) Equity Derivative
14 2 (1.48%) Grid Computing
14 2 (1.48%) Hedge funds
Operating Systems
1 17 (12.59%) Windows
2 14 (10.37%) Linux
3 6 (4.44%) Unix
Processes & Methodologies
1 37 (27.41%) OO
2 25 (18.52%) Agile Software Development
2 25 (18.52%) Analytics
2 25 (18.52%) OOP
3 17 (12.59%) PnL Attribution
4 14 (10.37%) Monte Carlo Method
4 14 (10.37%) Quantitative Finance
5 13 (9.63%) Risk Management
6 11 (8.15%) Continuous Integration
7 10 (7.41%) TDD
8 9 (6.67%) Risk Analytics
9 8 (5.93%) Electronic Trading
9 8 (5.93%) Stochastic Modelling
10 7 (5.19%) Multithreading
11 6 (4.44%) SDLC
11 6 (4.44%) User Acceptance Testing
12 5 (3.70%) Asset Management
12 5 (3.70%) Software Testing
12 5 (3.70%) Stochastic Calculus
12 5 (3.70%) Validation
Programming Languages
1 92 (68.15%) C++
2 59 (43.70%) C#
3 34 (25.19%) Python
4 30 (22.22%) Java
5 13 (9.63%) MATLAB
5 13 (9.63%) SQL
6 11 (8.15%) C
7 8 (5.93%) VBA
8 5 (3.70%) R
9 3 (2.22%) Ada
10 1 (0.74%) F#
10 1 (0.74%) PowerShell
10 1 (0.74%) Rust
10 1 (0.74%) VB
10 1 (0.74%) VB.NET
Qualifications
1 31 (22.96%) PhD
2 15 (11.11%) Degree
Quality Assurance & Compliance
1 5 (3.70%) QA
Vendors
1 6 (4.44%) Bloomberg
2 5 (3.70%) Algorithmics
2 5 (3.70%) Microsoft
3 4 (2.96%) Reuters
4 2 (1.48%) FactSet
4 2 (1.48%) Oracle
4 2 (1.48%) Sybase
5 1 (0.74%) DataSynapse
5 1 (0.74%) ION Trading
5 1 (0.74%) Sophis
City, London
Reed Technology
Rate: £600 per day
Posted: Yesterday
London
X4 Group
Rate: Market related
Posted: 5 days ago
City, London
Harrington Starr
Rate: £350 - £500 per day
Posted: 2 days ago