The table below looks at the statistics for the Quantitative Developer role in IT contracts advertised across the UK. 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 6 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
6 May 2015
Same period 2014 Same period 2013
Quant Developer
Rank 586 519 532
Rank change year-on-year
-67 +13
Contract jobs requiring a Quantitative Developer 26 75 20
As % of all contract IT jobs located in the UK 0.047% 0.14% 0.043%
As % of the Job Titles category 0.050% 0.15% 0.046%
Number of daily rates quoted 22 67 15
Average daily rate
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£645 £650 £600
Average daily rate % change year-on-year
-0.76% +8.33%
90% offered a daily rate of more than £600 £600 £575
10% offered a daily rate of more than £724 £750 £690
UK excluding London average daily rate £613 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
51545 49678 43330
As % of all contract IT jobs located in the UK 92.34% 92.37% 92.46%
Number of daily rates quoted 31452 30529 24746
Average daily rate £400 £388 £400
Average daily rate % change year-on-year
+3.22% -3.12%
90% offered a daily rate of more than £250 £230 £240
10% offered a daily rate of more than £560 £550 £575
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 2047 1994 2137
Average hourly rate £17.41 £17.50 £18.40
Average hourly rate % change year-on-year
-0.50% -4.89%
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £42.50 £42.50 £40.00
UK excluding London average hourly rate £16.75 £17.50 £17.50
% change year-on-year
-4.28% -

Quantitative Developer
Jobs Demand Trend

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

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 6 May 2015.

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 average contractor rates quoted in IT jobs citing Quantitative Developer within the UK over the 3 months to 6 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
England -67 25 £650 - 12
London -60 23 £650 - 11
City of London -4 7 £700 +3.70% 7

Quantitative Developer
Top 30 Related IT Skills

For the 6 months to 6 May 2015, IT contractor jobs within the UK 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 63 (76.83%) C++
2 36 (43.90%) Front Office
3 33 (40.24%) Finance
4 31 (37.80%) C#
5 29 (35.37%) VBA
6 26 (31.71%) Python
7 23 (28.05%) Banking
8 22 (26.83%) Derivative
9 21 (25.61%) Analytics
9 21 (25.61%) .NET
10 20 (24.39%) Fixed Income
10 20 (24.39%) Investment Banking
11 19 (23.17%) Foreign Exchange (FX)
12 17 (20.73%) Mathematics
13 16 (19.51%) OO
14 15 (18.29%) Analytical Skills
15 14 (17.07%) SQL
16 13 (15.85%) Java
17 12 (14.63%) Monte Carlo Method
18 11 (13.41%) PhD
18 11 (13.41%) Risk Management
19 10 (12.20%) Equities
19 10 (12.20%) Windows
19 10 (12.20%) Multithreading
20 9 (10.98%) Physics
20 9 (10.98%) Degree
20 9 (10.98%) Grid Computing
20 9 (10.98%) Validation
21 8 (9.76%) Data Modelling
21 8 (9.76%) Software Engineering

Quantitative Developer
Top Related IT Skills by Category

For the 6 months to 6 May 2015, IT contractor jobs within the UK 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 (2.44%) MS Excel
1 2 (2.44%) Spreadsheet
Business Applications
1 1 (1.22%) Front Arena
1 1 (1.22%) FINCAD Analytics
Cloud Services
1 1 (1.22%) Amazon AWS
Database & Business Intelligence
1 4 (4.88%) SQL Server
2 1 (1.22%) SQL Server Reporting Services
2 1 (1.22%) Big Data
Development Applications
1 4 (4.88%) Subversion
2 3 (3.66%) Visual Studio
3 1 (1.22%) JIRA
3 1 (1.22%) yacc
3 1 (1.22%) Visual Studio Tools for Office
3 1 (1.22%) ANTLR
3 1 (1.22%) Jenkins
General
1 36 (43.90%) Front Office
2 33 (40.24%) Finance
3 23 (28.05%) Banking
4 20 (24.39%) Investment Banking
5 4 (4.88%) Financial Institution
6 2 (2.44%) German Language
7 1 (1.22%) Aerospace
7 1 (1.22%) Automotive
Libraries, Frameworks & Software Standards
1 21 (25.61%) .NET
2 6 (7.32%) STL
2 6 (7.32%) Boost C++ Libraries
3 1 (1.22%) HTML5
3 1 (1.22%) Twisted
3 1 (1.22%) AngularJS
3 1 (1.22%) XML
3 1 (1.22%) .NET Framework
3 1 (1.22%) FIX Protocol
3 1 (1.22%) ASP.NET
3 1 (1.22%) HTML
Miscellaneous
1 22 (26.83%) Derivative
2 20 (24.39%) Fixed Income
3 19 (23.17%) Foreign Exchange (FX)
4 17 (20.73%) Mathematics
5 15 (18.29%) Analytical Skills
6 10 (12.20%) Equities
7 9 (10.98%) Grid Computing
7 9 (10.98%) Physics
8 7 (8.54%) Computer Science
8 7 (8.54%) Credit Risk
9 5 (6.10%) Algorithms
10 4 (4.88%) Equity Derivative
11 3 (3.66%) Statistics
12 1 (1.22%) Interest Rate Derivative
12 1 (1.22%) Artificial Intelligence
12 1 (1.22%) Exotic Derivative
12 1 (1.22%) Market Risk
12 1 (1.22%) Open Source
Operating Systems
1 10 (12.20%) Windows
2 4 (4.88%) Linux
3 3 (3.66%) UNIX
Processes & Methodologies
1 21 (25.61%) Analytics
2 16 (19.51%) OO
3 12 (14.63%) Monte Carlo Method
4 11 (13.41%) Risk Management
5 10 (12.20%) Multithreading
6 9 (10.98%) Validation
7 8 (9.76%) Software Engineering
7 8 (9.76%) Data Modelling
8 7 (8.54%) RAD
8 7 (8.54%) Low Latency
9 5 (6.10%) Agile Software Development
9 5 (6.10%) Continuous Integration
10 4 (4.88%) Asset Management
10 4 (4.88%) Workflow
10 4 (4.88%) Risk Analytics
11 3 (3.66%) Performance Tuning
11 3 (3.66%) TDD
11 3 (3.66%) Risk Assessment
11 3 (3.66%) Fund Management
12 2 (2.44%) Quantitative Analysis
Programming Languages
1 63 (76.83%) C++
2 31 (37.80%) C#
3 29 (35.37%) VBA
4 26 (31.71%) Python
5 14 (17.07%) SQL
6 13 (15.85%) Java
7 7 (8.54%) Perl
7 7 (8.54%) MATLAB
7 7 (8.54%) R
8 3 (3.66%) F#
9 2 (2.44%) C++/CLI
9 2 (2.44%) C
10 1 (1.22%) VB6
10 1 (1.22%) VB
Qualifications
1 11 (13.41%) PhD
2 9 (10.98%) Degree
Quality Assurance & Compliance
1 3 (3.66%) QA
System Software
1 2 (2.44%) Platform Symphony
Vendors
1 4 (4.88%) Oracle
2 2 (2.44%) Microsoft
2 2 (2.44%) Murex
2 2 (2.44%) DataSynapse
3 1 (1.22%) Bloomberg
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 7 hours ago
City, London
Bloomberg LP
Posted: Yesterday
London
Real Staffing
Rate: £550 - £650 per day
Posted: 22 days ago