The table below looks at the statistics for the Senior 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 Senior Quantitative Developer in their job title over the 3 months to 1 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
1 May 2015
Same period 2014 Same period 2013
Senior Quant Developer
Rank 597 592 553
Rank change year-on-year
-5 -39
Contract jobs requiring a Senior Quantitative Developer 3 3 1
As % of all contract IT jobs located in the UK 0.005% 0.006% 0.002%
As % of the Job Titles category 0.006% 0.006% 0.002%
Number of daily rates quoted 3 3 1
Average daily rate
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£700 £650 £600
Average daily rate % change year-on-year
+7.69% +8.33%
UK excluding London average daily rate - - -
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
51527 50292 44718
As % of all contract IT jobs located in the UK 92.33% 92.33% 92.43%
Number of daily rates quoted 31396 30820 25579
Average daily rate £400 £388 £400
Average daily rate % change year-on-year
+3.15% -3.06%
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 2022 2008 2205
Average hourly rate £17.30 £17.50 £18.00
Average hourly rate % change year-on-year
-1.14% -2.77%
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 £40.50
UK excluding London average hourly rate £16.83 £17.50 £17.50
% change year-on-year
-3.85% -

Senior Quantitative Developer
Jobs Demand Trend

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

Senior Quantitative Developer Jobs Demand Trend in the UK

Senior Quantitative Developer
Daily Rate Trend

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

Senior Quantitative Developer Daily Rate Trend in the UK

Senior Quantitative Developer
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Senior Quantitative Developer within the UK over the 3 months to 1 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
London -2 3 £700 +7.69%
England -8 3 £700 +7.69%

Senior Quantitative Developer
Top 30 Related IT Skills

For the 6 months to 1 May 2015, IT contractor jobs within the UK that cited Senior 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 Senior Quantitative Developer in their job title.

1 7 (87.50%) C++
2 6 (75.00%) Front Office
3 5 (62.50%) C#
4 4 (50.00%) Derivative
4 4 (50.00%) Foreign Exchange (FX)
5 3 (37.50%) Analytics
5 3 (37.50%) Fixed Income
5 3 (37.50%) VBA
6 2 (25.00%) .NET
6 2 (25.00%) C
6 2 (25.00%) Finance
6 2 (25.00%) Degree
7 1 (12.50%) JIRA
7 1 (12.50%) FIX Protocol
7 1 (12.50%) Mathematics
7 1 (12.50%) Computer Science
7 1 (12.50%) Risk Analysis
7 1 (12.50%) User Acceptance Testing
7 1 (12.50%) Integration Testing
7 1 (12.50%) Test Scripting
7 1 (12.50%) Continuous Integration
7 1 (12.50%) Electronic Trading
7 1 (12.50%) System Testing
7 1 (12.50%) Visual Studio Tools for Office
7 1 (12.50%) Boost C++ Libraries
7 1 (12.50%) Amazon AWS
7 1 (12.50%) Change Control
7 1 (12.50%) Technical Analysis
7 1 (12.50%) Line Management
7 1 (12.50%) Linear Algebra

Senior Quantitative Developer
Top Related IT Skills by Category

For the 6 months to 1 May 2015, IT contractor jobs within the UK that cited Senior 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 Senior Quantitative Developer in their job title. Up to 20 skills are shown per category.

Cloud Services
1 1 (12.50%) Amazon AWS
Development Applications
1 1 (12.50%) JIRA
1 1 (12.50%) Visual Studio Tools for Office
1 1 (12.50%) Visual Studio
1 1 (12.50%) Subversion
General
1 6 (75.00%) Front Office
2 2 (25.00%) Finance
Libraries, Frameworks & Software Standards
1 2 (25.00%) .NET
2 1 (12.50%) FIX Protocol
2 1 (12.50%) Boost C++ Libraries
2 1 (12.50%) ASP.NET
2 1 (12.50%) STL
2 1 (12.50%) .NET Framework
Miscellaneous
1 4 (50.00%) Derivative
1 4 (50.00%) Foreign Exchange (FX)
2 3 (37.50%) Fixed Income
3 1 (12.50%) Mathematics
3 1 (12.50%) Computer Science
3 1 (12.50%) Grid Computing
3 1 (12.50%) Interest Rate Derivative
3 1 (12.50%) Statistics
3 1 (12.50%) Artificial Intelligence
Processes & Methodologies
1 3 (37.50%) Analytics
2 1 (12.50%) Risk Analysis
2 1 (12.50%) User Acceptance Testing
2 1 (12.50%) Integration Testing
2 1 (12.50%) Test Scripting
2 1 (12.50%) Continuous Integration
2 1 (12.50%) Electronic Trading
2 1 (12.50%) System Testing
2 1 (12.50%) Change Control
2 1 (12.50%) Technical Analysis
2 1 (12.50%) Line Management
2 1 (12.50%) Linear Algebra
2 1 (12.50%) MVC
2 1 (12.50%) Risk Management
2 1 (12.50%) Agile Software Development
2 1 (12.50%) TDD
2 1 (12.50%) Business Analysis
Programming Languages
1 7 (87.50%) C++
2 5 (62.50%) C#
3 3 (37.50%) VBA
4 2 (25.00%) C
5 1 (12.50%) Java
5 1 (12.50%) SQL
5 1 (12.50%) Python
Qualifications
1 2 (25.00%) Degree
Vendors
1 1 (12.50%) Oracle