The first table below looks at the demand 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 17 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles currently tracked.

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
17 Apr 2014
Same period 2013 Same period 2012
Quant Developer
Rank 513 542 545
Rank change year-on-year
+29 +3
Contract jobs requiring a Quantitative Developer 75 14 40
As % of all contract IT jobs located in the UK 0.13% 0.029% 0.066%
As % of the Job Titles category 0.14% 0.032% 0.071%
Number of daily rates quoted 70 9 26
Average daily rate £650 £575 £600
Average daily rate % change year-on-year
+13.04% -4.16%
90% offered a daily rate of more than £595 £575 £513
10% offered a daily rate of more than £750 £660 £750
UK excluding London average daily rate - - £750
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Job Titles Category
UK
Contract IT job ads with a match in the
Job Titles category
51988 44191 56201
As % of all contract IT jobs located in the UK 92.28% 92.47% 92.70%
Number of daily rates quoted 31587 25300 30909
Average daily rate £390 £400 £400
Average daily rate % change year-on-year
-2.50% -
90% offered a daily rate of more than £230 £238 £238
10% offered a daily rate of more than £550 £575 £575
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 2072 2201 2627
Average hourly rate £17.50 £18.00 £19.50
Average hourly rate % change year-on-year
-2.77% -7.69%
90% offered a hourly rate of more than £11.00 £11.00 £11.37
10% offered a hourly rate of more than £42.50 £40.00 £40.00
UK excluding London average hourly rate £17.00 £17.50 £19.21
% change year-on-year
-2.85% -8.90%

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 17 April 2014.

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 6 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 17 April 2014. 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
(Click each for more statistics)
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
Find
Job
Vacancies
London +28 75 £650 +13.04% 14
England +27 75 £650 +13.04% 16
City of London - 31 £700 - 4
Cambridge - - - - 2
Cambridgeshire - - - - 2
East of England - - - - 2

Quantitative Developer
Top 30 Related IT Skills

For the 6 months to 17 April 2014, 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 85 (83.33%) C++
2 42 (41.18%) Banking
3 41 (40.20%) Front Office
4 38 (37.25%) Analytics
5 33 (32.35%) C#
6 31 (30.39%) Finance
7 29 (28.43%) Fixed Income
7 29 (28.43%) VBA
8 28 (27.45%) Investment Banking
9 27 (26.47%) Risk Management
10 25 (24.51%) Foreign Exchange (FX)
11 22 (21.57%) Windows
11 22 (21.57%) Degree
12 19 (18.63%) Python
12 19 (18.63%) PhD
13 18 (17.65%) SQL
14 16 (15.69%) Linux
14 16 (15.69%) Derivative
15 15 (14.71%) Perl
15 15 (14.71%) Java
16 14 (13.73%) Monte Carlo Method
17 11 (10.78%) Computer Science
17 11 (10.78%) Mathematics
17 11 (10.78%) STL
17 11 (10.78%) Software Engineering
18 9 (8.82%) .NET
18 9 (8.82%) Boost C++ Libraries
19 8 (7.84%) Credit Risk
19 8 (7.84%) SQL Server
19 8 (7.84%) MATLAB

Quantitative Developer
Top Related IT Skills by Category

For the 6 months to 17 April 2014, 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.

Application Platforms
1 1 (0.98%) SAS
1 1 (0.98%) BizTalk Server
Applications
1 3 (2.94%) MS Excel
2 1 (0.98%) S-PLUS
Business Applications
1 2 (1.96%) RMDS
Database & Business Intelligence
1 8 (7.84%) SQL Server
2 3 (2.94%) Big Data
3 2 (1.96%) SQL Server 2008
4 1 (0.98%) Relational Database
4 1 (0.98%) KDB
Development Applications
1 2 (1.96%) ClearCase
2 1 (0.98%) Mercurial
General
1 42 (41.18%) Banking
2 41 (40.20%) Front Office
3 31 (30.39%) Finance
4 28 (27.45%) Investment Banking
5 2 (1.96%) Legal
5 2 (1.96%) Publishing
6 1 (0.98%) Financial Institution
Libraries, Frameworks & Software Standards
1 11 (10.78%) STL
2 9 (8.82%) .NET
2 9 (8.82%) Boost C++ Libraries
3 5 (4.90%) .NET Framework
4 3 (2.94%) Middleware
5 2 (1.96%) jQuery
5 2 (1.96%) ADO.NET Entity Framework
5 2 (1.96%) FIX Protocol
6 1 (0.98%) WCF
6 1 (0.98%) WPF
6 1 (0.98%) J2EE
6 1 (0.98%) Rendezvous
Miscellaneous
1 29 (28.43%) Fixed Income
2 25 (24.51%) Foreign Exchange (FX)
3 16 (15.69%) Derivative
4 11 (10.78%) Mathematics
4 11 (10.78%) Computer Science
5 8 (7.84%) Credit Risk
6 7 (6.86%) Market Risk
6 7 (6.86%) Statistics
7 5 (4.90%) Credit Derivative
8 4 (3.92%) Economics
8 4 (3.92%) Grid Computing
8 4 (3.92%) Equities
9 3 (2.94%) Physics
10 2 (1.96%) CUDA
10 2 (1.96%) Client/Server
11 1 (0.98%) Hybrid Derivative
11 1 (0.98%) Interest Rate Derivative
11 1 (0.98%) Equity Derivative
11 1 (0.98%) Machine Learning
11 1 (0.98%) Applied Mathematics
Operating Systems
1 22 (21.57%) Windows
2 16 (15.69%) Linux
3 2 (1.96%) UNIX
Processes & Methodologies
1 38 (37.25%) Analytics
2 27 (26.47%) Risk Management
3 14 (13.73%) Monte Carlo Method
4 11 (10.78%) Software Engineering
5 8 (7.84%) Validation
6 7 (6.86%) Quantitative Analysis
6 7 (6.86%) Low Latency
7 6 (5.88%) Multithreading
7 6 (5.88%) Stochastic Calculus
8 4 (3.92%) Greeks
8 4 (3.92%) Stress Testing
8 4 (3.92%) Econometrics
8 4 (3.92%) RAD
9 3 (2.94%) OOA/OOD
9 3 (2.94%) Electronic Trading
10 2 (1.96%) Portfolio Management
10 2 (1.96%) Migration
10 2 (1.96%) Refactoring
10 2 (1.96%) Algorithmic Trading
10 2 (1.96%) TDD
Programming Languages
1 85 (83.33%) C++
2 33 (32.35%) C#
3 29 (28.43%) VBA
4 19 (18.63%) Python
5 18 (17.65%) SQL
6 15 (14.71%) Perl
6 15 (14.71%) Java
7 8 (7.84%) MATLAB
8 7 (6.86%) Scala
9 6 (5.88%) VB
10 2 (1.96%) PowerShell
10 2 (1.96%) R
11 1 (0.98%) F#
11 1 (0.98%) Haskell
11 1 (0.98%) OCaml
11 1 (0.98%) JavaScript
11 1 (0.98%) C
Qualifications
1 22 (21.57%) Degree
2 19 (18.63%) PhD
Quality Assurance & Compliance
1 6 (5.88%) Basel III
2 2 (1.96%) QA
3 1 (0.98%) Basel II
3 1 (0.98%) Solvency II
3 1 (0.98%) CRD IV
Vendors
1 5 (4.90%) TIBCO
2 4 (3.92%) Oracle
3 2 (1.96%) Sybase
3 2 (1.96%) Reuters
3 2 (1.96%) Bloomberg
4 1 (0.98%) Microsoft
London
Real Staffing
Rate: £600 - £750 per day
Posted: 22 hours ago
London
Aston Carter
Rate: £300 - £500 per day
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 3 days ago
London
Eames Consulting
Rate: From £600 to £700 per day
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 7 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 10 days ago
London
Hays IT - Uk Posting account
Rate: £575 - £625 per day + Excellent & Neg
Posted: 15 days ago
London
Real Staffing
Rate: £600 - £750 per day
Posted: 18 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £850 per day + Excellent & Neg
Posted: 24 days ago