Quantitative Developer Contracts in Central London

Quant Developer
London > Central London

The median Quant Developer daily rate in Central London is £813, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 119 112 147
Rank change year-on-year -7 +35 +39
Contract jobs requiring a Quantitative Developer 10 21 25
As % of all contract jobs advertised in Central London 0.50% 0.86% 0.65%
As % of the Job Titles category 0.54% 0.90% 0.68%
Number of daily rates quoted 8 15 9
10th Percentile £650 £598 £660
25th Percentile £688 £813 £725
Median daily rate (50th Percentile) £813 £900 £825
Median % change year-on-year -9.72% +9.09% +1.54%
75th Percentile £919 £1,025 £875
90th Percentile £941 £1,100 £1,000
London median daily rate £850 £900 £850
% change year-on-year -5.56% +5.88% +13.33%

All Contract IT Job Vacancies
Central London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in Central London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

Contract vacancies in Central London with a recognized job title 1,852 2,329 3,676
% of contract IT jobs with a recognized job title 92.74% 95.22% 95.36%
Number of daily rates quoted 1,192 1,658 2,523
10th Percentile £350 £350 £325
25th Percentile £454 £450 £463
Median daily rate (50th Percentile) £575 £550 £585
Median % change year-on-year +4.55% -5.98% +4.46%
75th Percentile £675 £682 £725
90th Percentile £775 £794 £813
London median daily rate £550 £550 £575
% change year-on-year - -4.35% -
Number of hourly rates quoted 21 32 26
10th Percentile £22.00 £19.95 £15.50
25th Percentile £22.75 £21.81 £18.93
Median hourly rate £29.07 £25.78 £35.00
Median % change year-on-year +12.76% -26.34% -6.04%
75th Percentile £35.00 £27.81 £58.75
90th Percentile £63.75 £43.38 £86.65
London median hourly rate £34.00 £27.81 £35.00
% change year-on-year +22.26% -20.54% -

Quantitative Developer
Job Vacancy Trend in Central London

Job postings that featured Quantitative Developer in the job title as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Quantitative Developer in Central London

Quantitative Developer
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Quantitative Developer in Central London.

Daily rate trend for Quantitative Developer in Central London

Quantitative Developer
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Quantitative Developer in Central London over the 6 months to 1 May 2025.

Daily rate histogram for Quantitative Developer in Central London

Quantitative Developer
Contract Job Locations in Central London

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 Central London region over the 6 months to 1 May 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
City of London -3 8 £725 -14.71% 7
Quantitative Developer
London

Quantitative Developer Skill Set
Top 30 Co-occurring Skills and Capabilities in Central London

For the 6 months to 1 May 2025, Quantitative Developer contract job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region featuring Quantitative Developer in the job title.

1 8 (80.00%) Python
2 5 (50.00%) C++
3 4 (40.00%) Front Office
4 3 (30.00%) Banking
5 2 (20.00%) Finance
5 2 (20.00%) Migration
5 2 (20.00%) Fixed Income
5 2 (20.00%) VBA
5 2 (20.00%) .NET
5 2 (20.00%) Microsoft Office
5 2 (20.00%) Microsoft Excel
5 2 (20.00%) Microsoft
5 2 (20.00%) Big Data
5 2 (20.00%) FIX Protocol
5 2 (20.00%) VWAP
5 2 (20.00%) Algorithmic Trading
5 2 (20.00%) Credit Risk
5 2 (20.00%) Risk Analysis
5 2 (20.00%) Market Risk
5 2 (20.00%) Financial Modelling
5 2 (20.00%) Spreadsheet
5 2 (20.00%) TWAP
5 2 (20.00%) Low Latency
5 2 (20.00%) Performance Tuning
5 2 (20.00%) Multicast
5 2 (20.00%) Analytical Skills
5 2 (20.00%) Algorithms
5 2 (20.00%) Market Making
5 2 (20.00%) .NET Core
5 2 (20.00%) Problem-Solving

Quantitative Developer Skill Set
Co-occurring Skills and Capabilities in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 2 (20.00%) Microsoft Excel
1 2 (20.00%) Microsoft Office
1 2 (20.00%) Spreadsheet
Cloud Services
1 1 (10.00%) Azure
1 1 (10.00%) GitHub
Communications & Networking
1 2 (20.00%) Multicast
Database & Business Intelligence
1 2 (20.00%) Big Data
Development Applications
1 1 (10.00%) Git
1 1 (10.00%) Jenkins
General
1 4 (40.00%) Front Office
2 3 (30.00%) Banking
3 2 (20.00%) Analytical Skills
3 2 (20.00%) Finance
4 1 (10.00%) Investment Banking
Libraries, Frameworks & Software Standards
1 2 (20.00%) .NET
1 2 (20.00%) .NET Core
1 2 (20.00%) FIX Protocol
2 1 (10.00%) ADO
2 1 (10.00%) FastAPI
2 1 (10.00%) NumPy
2 1 (10.00%) Pandas
2 1 (10.00%) scikit-learn
Miscellaneous
1 2 (20.00%) Algorithms
1 2 (20.00%) Credit Risk
1 2 (20.00%) Fixed Income
1 2 (20.00%) Market Risk
1 2 (20.00%) TWAP
1 2 (20.00%) VWAP
Processes & Methodologies
1 2 (20.00%) Algorithmic Trading
1 2 (20.00%) Financial Modelling
1 2 (20.00%) Low Latency
1 2 (20.00%) Market Making
1 2 (20.00%) Migration
1 2 (20.00%) Performance Tuning
1 2 (20.00%) Problem-Solving
1 2 (20.00%) Requirements Gathering
1 2 (20.00%) Risk Analysis
1 2 (20.00%) SDLC
2 1 (10.00%) Agile
2 1 (10.00%) Applied Mathematics
2 1 (10.00%) Architectural Patterns
2 1 (10.00%) CI/CD
2 1 (10.00%) Computer Science
2 1 (10.00%) Mathematics
2 1 (10.00%) Quantitative Trading
2 1 (10.00%) Software Engineering
2 1 (10.00%) Test Automation
2 1 (10.00%) Web Development
Programming Languages
1 8 (80.00%) Python
2 5 (50.00%) C++
3 2 (20.00%) C#
3 2 (20.00%) VBA
Qualifications
1 1 (10.00%) Degree
Vendors
1 2 (20.00%) Microsoft