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 2 May 2016 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
2 May 2016
Same period 2015 Same period 2014
Quant Developer
Rank 592 597 544
Rank change year-on-year
+5 -53
Contract jobs requiring a Quantitative Developer 49 38 86
As % of all contract IT jobs located in the UK 0.088% 0.067% 0.16%
As % of the Job Titles category 0.093% 0.071% 0.16%
Number of daily rates quoted 41 32 78
Median daily rate £625 £631 £675
Median daily rate % change year-on-year
-0.99% -6.48%
90% offered a daily rate of more than £550 £505 £600
10% offered a daily rate of more than £750 £711 £750
UK excluding London median daily rate - £613 -
Number of hourly rates quoted 1 0 0
Median hourly rate £80.00 - -
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
52905 53749 52268
As % of all contract IT jobs located in the UK 94.91% 94.76% 94.33%
Number of daily rates quoted 34482 32631 31888
Median daily rate £425 £400 £390
Median daily rate % change year-on-year
+6.25% +2.56%
90% offered a daily rate of more than £263 £240 £225
10% offered a daily rate of more than £600 £550 £550
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 1534 2150 2151
Median hourly rate £17.56 £17.50 £17.50
Median hourly rate % change year-on-year
+0.34% -
90% offered a hourly rate of more than £11.00 £11.00 £11.00
10% offered a hourly rate of more than £44.50 £42.50 £42.50
UK excluding London median hourly rate £18.00 £16.83 £17.00
% change year-on-year
+6.98% -1.02%

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 2 May 2016.

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 10 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 2 May 2016. 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 see detailed
statistics and trends)
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 +13 49 £625 -1.96% 6
London -16 46 £625 -1.96% 6
City of London +37 9 £579 -17.32% 2
Oxford - 2 - -
Oxfordshire - 2 - -
South East - 2 - -
Canary Wharf - 1 - -
Cambridgeshire - 1 - -
East of England - 1 - -
Cambridge - 1 - -

Quantitative Developer Skill Set
Top 30 Related IT Skills

For the 6 months to 2 May 2016, 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 75 (68.81%) C++
2 53 (48.62%) Finance
3 52 (47.71%) C#
4 43 (39.45%) Front Office
5 42 (38.53%) Fixed Income
6 39 (35.78%) Python
7 36 (33.03%) Derivative
8 35 (32.11%) Mathematics
9 31 (28.44%) Banking
10 29 (26.61%) VBA
11 25 (22.94%) Investment Banking
11 25 (22.94%) Analytics
12 23 (21.10%) PhD
13 21 (19.27%) Foreign Exchange (FX)
14 20 (18.35%) SQL
15 19 (17.43%) Agile Software Development
16 17 (15.60%) MATLAB
17 15 (13.76%) Physics
17 15 (13.76%) Degree
17 15 (13.76%) Java
18 14 (12.84%) OO
19 12 (11.01%) Asset Management
20 10 (9.17%) Equities
20 10 (9.17%) Risk Management
20 10 (9.17%) Validation
20 10 (9.17%) .NET
20 10 (9.17%) SQL Server
20 10 (9.17%) Risk Analytics
21 9 (8.26%) Algorithms
21 9 (8.26%) Computer Science

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 (1.83%) IIS
1 2 (1.83%) SAS
Applications
1 1 (0.92%) MS Excel
1 1 (0.92%) Spreadsheet
Business Applications
1 3 (2.75%) FINCAD Analytics
2 2 (1.83%) Front Arena
Cloud Services
1 3 (2.75%) Cloud Computing
1 3 (2.75%) Microsoft Azure
Communications & Networking
1 1 (0.92%) HTTP
1 1 (0.92%) Internet
Database & Business Intelligence
1 10 (9.17%) SQL Server
2 6 (5.50%) MongoDB
3 3 (2.75%) KDB
3 3 (2.75%) Microsoft Analysis Services
3 3 (2.75%) SQL Server Analysis Services
4 2 (1.83%) SQL Server Integration Services
5 1 (0.92%) NoSQL
5 1 (0.92%) Relational Database
Development Applications
1 3 (2.75%) Visual Studio
2 2 (1.83%) JIRA
2 2 (1.83%) Maven
3 1 (0.92%) Subversion
General
1 53 (48.62%) Finance
2 43 (39.45%) Front Office
3 31 (28.44%) Banking
4 25 (22.94%) Investment Banking
5 3 (2.75%) Retail
6 2 (1.83%) Financial Institution
7 1 (0.92%) French Language
Libraries, Frameworks & Software Standards
1 10 (9.17%) .NET
2 6 (5.50%) Boost C++ Libraries
2 6 (5.50%) STL
3 5 (4.59%) AngularJS
3 5 (4.59%) HTML
4 3 (2.75%) NumPy
4 3 (2.75%) Pandas
4 3 (2.75%) SciPy
4 3 (2.75%) XML
5 2 (1.83%) .NET Framework
5 2 (1.83%) ASP.NET
5 2 (1.83%) ASP.NET MVC
5 2 (1.83%) CSS
5 2 (1.83%) Esper
5 2 (1.83%) Pyramid
5 2 (1.83%) Web Services
5 2 (1.83%) WPF
6 1 (0.92%) ActiveMQ
6 1 (0.92%) COM
6 1 (0.92%) XSLT
Miscellaneous
1 42 (38.53%) Fixed Income
2 36 (33.03%) Derivative
3 35 (32.11%) Mathematics
4 21 (19.27%) Foreign Exchange (FX)
5 15 (13.76%) Physics
6 10 (9.17%) Equities
7 9 (8.26%) Algorithms
7 9 (8.26%) Computer Science
8 8 (7.34%) Credit Derivative
8 8 (7.34%) Credit Risk
8 8 (7.34%) Market Risk
9 6 (5.50%) Analytical Skills
9 6 (5.50%) Interest Rate Derivative
9 6 (5.50%) Statistics
10 5 (4.59%) Hedge funds
11 4 (3.67%) Visualisation
12 2 (1.83%) Economics
12 2 (1.83%) Equity Derivative
12 2 (1.83%) Grid Computing
12 2 (1.83%) Swaptions
Operating Systems
1 8 (7.34%) Linux
1 8 (7.34%) Windows
2 1 (0.92%) Unix
Processes & Methodologies
1 25 (22.94%) Analytics
2 19 (17.43%) Agile Software Development
3 14 (12.84%) OO
4 12 (11.01%) Asset Management
5 10 (9.17%) Risk Analytics
5 10 (9.17%) Risk Management
5 10 (9.17%) Validation
6 9 (8.26%) Multithreading
7 8 (7.34%) Electronic Trading
8 6 (5.50%) Investment Management
8 6 (5.50%) Migration
8 6 (5.50%) Software Engineering
9 4 (3.67%) Continuous Integration
9 4 (3.67%) OOP
9 4 (3.67%) Time Series Analysis
9 4 (3.67%) Workflow
10 3 (2.75%) Change Control
10 3 (2.75%) Defect Management
10 3 (2.75%) Low Latency
10 3 (2.75%) Monte Carlo Method
Programming Languages
1 75 (68.81%) C++
2 52 (47.71%) C#
3 39 (35.78%) Python
4 29 (26.61%) VBA
5 20 (18.35%) SQL
6 17 (15.60%) MATLAB
7 15 (13.76%) Java
8 6 (5.50%) VB
9 5 (4.59%) JavaScript
9 5 (4.59%) R
10 4 (3.67%) C
10 4 (3.67%) Haskell
10 4 (3.67%) PowerShell
11 3 (2.75%) C++/CLI
11 3 (2.75%) VB6
12 1 (0.92%) Perl
12 1 (0.92%) Shell Script
12 1 (0.92%) Tcl
12 1 (0.92%) VC++
Qualifications
1 23 (21.10%) PhD
2 15 (13.76%) Degree
3 2 (1.83%) Postgraduate
Quality Assurance & Compliance
1 8 (7.34%) QA
Systems Management
1 3 (2.75%) Control-M
Vendors
1 7 (6.42%) Oracle
2 3 (2.75%) Microsoft
3 2 (1.83%) SunGard
4 1 (0.92%) Murex
4 1 (0.92%) TIBCO