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 19 February 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
19 Feb 2017
Same period 2016 Same period 2015
Quant Developer
UK
Rank 499 564 569
Rank change year-on-year
+65 +5
Contract jobs requiring a Quantitative Developer 87 58 52
As % of all contract IT jobs located in the UK 0.20% 0.11% 0.100%
As % of the Job Titles category 0.21% 0.12% 0.10%
Number of daily rates quoted 78 50 46
Median daily rate £650 £675 £639
Median daily rate % change year-on-year
-3.70% +5.67%
90% offered a daily rate of more than £614 £588 £525
10% offered a daily rate of more than £750 £753 £745
UK excluding London median daily rate - £375 £1,000
% change year-on-year
- -62.50%
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
42200 49241 49534
As % of all contract IT jobs located in the UK 94.70% 94.98% 94.78%
Number of daily rates quoted 27496 31679 30638
Median daily rate £425 £415 £400
Median daily rate % change year-on-year
+2.40% +3.75%
90% offered a daily rate of more than £250 £260 £238
10% offered a daily rate of more than £600 £575 £560
UK excluding London median daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 1533 1662 1940
Median hourly rate £18.00 £17.50 £17.50
Median hourly rate % change year-on-year
+2.85% -
90% offered a hourly rate of more than £11.17 £11.00 £11.00
10% offered a hourly rate of more than £47.00 £50.00 £40.00
UK excluding London median hourly rate £17.50 £18.00 £16.72
% change year-on-year
-2.77% +7.65%

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 19 February 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 19 February 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 +80 87 £650 -3.70% 14
London +51 87 £650 -3.70% 14
City of London +14 16 £725 -3.33% 2

Quantitative Developer Skill Set
Top 30 Related IT Skills

For the 6 months to 19 February 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.

1 109 (70.78%) C++
2 70 (45.45%) C#
3 67 (43.51%) Finance
4 63 (40.91%) Front Office
5 48 (31.17%) Python
6 43 (27.92%) Fixed Income
6 43 (27.92%) Banking
7 38 (24.68%) Market Risk
7 38 (24.68%) PhD
7 38 (24.68%) OO
8 34 (22.08%) Java
9 30 (19.48%) Windows
10 29 (18.83%) Agile Software Development
10 29 (18.83%) Investment Banking
10 29 (18.83%) Derivative
11 28 (18.18%) OOP
12 27 (17.53%) Foreign Exchange (FX)
12 27 (17.53%) Mathematics
13 26 (16.88%) Linux
14 25 (16.23%) Subversion
15 24 (15.58%) Computer Science
16 23 (14.94%) Analytics
17 21 (13.64%) SQL
18 20 (12.99%) PnL Attribution
19 17 (11.04%) Algorithms
19 17 (11.04%) Monte Carlo Method
20 16 (10.39%) MATLAB
20 16 (10.39%) Risk Management
21 15 (9.74%) Degree
21 15 (9.74%) Quantitative Finance

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 1 (0.65%) Apache Spark
1 1 (0.65%) Confluence
1 1 (0.65%) DataSynapse
1 1 (0.65%) SAS
Applications
1 12 (7.79%) Spreadsheet
2 5 (3.25%) MS Office
3 2 (1.30%) MS Excel
Business Applications
1 4 (2.60%) FINCAD Analytics
2 1 (0.65%) ION MarketView
Database & Business Intelligence
1 9 (5.84%) Tick Data
2 5 (3.25%) SQL Server
3 2 (1.30%) Hadoop
4 1 (0.65%) Data Lake
4 1 (0.65%) HBase
4 1 (0.65%) MySQL
Development Applications
1 25 (16.23%) Subversion
2 10 (6.49%) TeamCity
3 9 (5.84%) JIRA
4 1 (0.65%) Sonatype Nexus
4 1 (0.65%) Visual Studio
General
1 67 (43.51%) Finance
2 63 (40.91%) Front Office
3 43 (27.92%) Banking
4 29 (18.83%) Investment Banking
5 3 (1.95%) Financial Institution
6 1 (0.65%) Back Office
6 1 (0.65%) Retail
Libraries, Frameworks & Software Standards
1 13 (8.44%) .NET
2 6 (3.90%) XML
3 4 (2.60%) XSD
4 3 (1.95%) .NET Framework
5 2 (1.30%) FpML
6 1 (0.65%) Boost C++ Libraries
6 1 (0.65%) COM
6 1 (0.65%) FIX Protocol
6 1 (0.65%) JNI
6 1 (0.65%) LINQ
6 1 (0.65%) NumPy
6 1 (0.65%) Pandas
6 1 (0.65%) SciPy
6 1 (0.65%) STL
6 1 (0.65%) XSLT
Miscellaneous
1 43 (27.92%) Fixed Income
2 38 (24.68%) Market Risk
3 29 (18.83%) Derivative
4 27 (17.53%) Foreign Exchange (FX)
4 27 (17.53%) Mathematics
5 24 (15.58%) Computer Science
6 17 (11.04%) Algorithms
7 14 (9.09%) Physics
8 12 (7.79%) Credit Risk
9 11 (7.14%) Equities
10 10 (6.49%) CUDA
11 9 (5.84%) Economics
12 8 (5.19%) Management Information System
13 6 (3.90%) Analytical Skills
13 6 (3.90%) Statistics
14 5 (3.25%) OTC Derivatives
15 3 (1.95%) Credit Derivative
16 2 (1.30%) GPGPU
16 2 (1.30%) Grid Computing
16 2 (1.30%) Hedge funds
Operating Systems
1 30 (19.48%) Windows
2 26 (16.88%) Linux
3 6 (3.90%) Unix
Processes & Methodologies
1 38 (24.68%) OO
2 29 (18.83%) Agile Software Development
3 28 (18.18%) OOP
4 23 (14.94%) Analytics
5 20 (12.99%) PnL Attribution
6 17 (11.04%) Monte Carlo Method
7 16 (10.39%) Risk Management
8 15 (9.74%) Quantitative Finance
9 11 (7.14%) Continuous Integration
10 10 (6.49%) SDLC
10 10 (6.49%) TDD
11 9 (5.84%) Quality Management
11 9 (5.84%) Risk Analytics
11 9 (5.84%) Software Testing
12 8 (5.19%) Cross-Platform Development
12 8 (5.19%) Electronic Trading
12 8 (5.19%) Migration
12 8 (5.19%) Stochastic Modelling
13 7 (4.55%) Memory Management
14 6 (3.90%) Release Management
Programming Languages
1 109 (70.78%) C++
2 70 (45.45%) C#
3 48 (31.17%) Python
4 34 (22.08%) Java
5 21 (13.64%) SQL
6 16 (10.39%) MATLAB
7 12 (7.79%) C
8 10 (6.49%) VBA
9 9 (5.84%) R
10 3 (1.95%) Ada
11 1 (0.65%) F#
11 1 (0.65%) Rust
11 1 (0.65%) Scala
11 1 (0.65%) VB.NET
11 1 (0.65%) VC++
Qualifications
1 38 (24.68%) PhD
2 15 (9.74%) Degree
Quality Assurance & Compliance
1 9 (5.84%) QA
System Software
1 1 (0.65%) Apache ZooKeeper
1 1 (0.65%) HDFS
Vendors
1 10 (6.49%) Bloomberg
2 8 (5.19%) Reuters
3 5 (3.25%) Algorithmics
3 5 (3.25%) Microsoft
4 3 (1.95%) Oracle
5 2 (1.30%) FactSet
5 2 (1.30%) Sybase
6 1 (0.65%) ION Trading
6 1 (0.65%) Sophis
London
Hays Finance Technology
Rate: £675.00 - £775.00 per day
Posted: 3 days ago
London
Parallel Consulting
Rate: £650 - £800 per day
Posted: 2 days ago