Quantitative Developer Contracts in Central London

Quant Developer
London > Central London

The median Quant Developer daily rate in Central London is £900 according to job vacancies posted during the 6 months to 5 May 2024.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
5 May 2024
Same period 2023 Same period 2022
Rank 114 149 183
Rank change year-on-year +35 +34 -44
Contract jobs requiring a Quantitative Developer 19 25 12
As % of all contract jobs advertised in Central London 0.79% 0.65% 0.26%
As % of the Job Titles category 0.82% 0.69% 0.28%
Number of daily rates quoted 15 9 6
10th Percentile £598 £660 £564
25th Percentile £813 £725 £633
Median daily rate (50th Percentile) £900 £825 £813
Median % change year-on-year +9.09% +1.54% +14.04%
75th Percentile £1,025 £875 £1,188
90th Percentile £1,100 £1,000 £1,281
London median daily rate £900 £850 £750
% change year-on-year +5.88% +13.33% +7.14%

All Contract IT Job Vacancies
Central London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised 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 2,304 3,649 4,292
% of contract IT jobs with a recognized job title 95.32% 95.20% 94.39%
Number of daily rates quoted 1,643 2,501 3,269
10th Percentile £350 £325 £360
25th Percentile £450 £463 £463
Median daily rate (50th Percentile) £550 £590 £560
Median % change year-on-year -6.78% +5.36% +6.67%
75th Percentile £688 £725 £675
90th Percentile £800 £813 £763
London median daily rate £550 £575 £575
% change year-on-year -4.35% - +9.52%
Number of hourly rates quoted 31 27 52
10th Percentile £19.92 £15.50 £13.88
25th Percentile £21.63 £19.36 £18.50
Median hourly rate £25.00 £35.00 £37.25
Median % change year-on-year -28.57% -6.04% +107.23%
75th Percentile £27.81 £58.75 £51.00
90th Percentile £40.00 £86.32 £65.43
London median hourly rate £27.50 £35.25 £35.00
% change year-on-year -21.99% +0.71% +10.62%

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 5 May 2024.

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 5 May 2024. 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 +40 17 £850 +3.03% 1
City of Westminster - 2 £1,000 -
Quantitative Developer
London

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

For the 6 months to 5 May 2024, 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 15 (78.95%) Python
2 11 (57.89%) C#
2 11 (57.89%) Finance
3 8 (42.11%) Analytical Skills
3 8 (42.11%) DevOps
3 8 (42.11%) SDLC
3 8 (42.11%) Problem-Solving
4 6 (31.58%) Agile
4 6 (31.58%) SQL Server
4 6 (31.58%) SQL
5 5 (26.32%) C++
5 5 (26.32%) Front Office
5 5 (26.32%) Derivative
5 5 (26.32%) NumPy
5 5 (26.32%) User Acceptance Testing
5 5 (26.32%) CI/CD
5 5 (26.32%) Pandas
6 4 (21.05%) Greenfield Project
6 4 (21.05%) Software Engineering
6 4 (21.05%) Mathematics
6 4 (21.05%) Azure
6 4 (21.05%) AWS
6 4 (21.05%) Hedge funds
6 4 (21.05%) Algorithms
6 4 (21.05%) Retail Banking
6 4 (21.05%) Equities
6 4 (21.05%) Java
7 3 (15.79%) Banking
7 3 (15.79%) Systematic Trading
7 3 (15.79%) SciPy

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:

Application Platforms
1 1 (5.26%) MQSeries
Cloud Services
1 4 (21.05%) AWS
1 4 (21.05%) Azure
2 2 (10.53%) Azure DevOps
2 2 (10.53%) GitHub
Database & Business Intelligence
1 6 (31.58%) SQL Server
2 2 (10.53%) NoSQL
General
1 11 (57.89%) Finance
2 8 (42.11%) Analytical Skills
3 5 (26.32%) Front Office
4 4 (21.05%) Retail Banking
5 3 (15.79%) Banking
5 3 (15.79%) Social Skills
6 2 (10.53%) Investment Banking
7 1 (5.26%) Financial Institution
7 1 (5.26%) Retail
Libraries, Frameworks & Software Standards
1 5 (26.32%) NumPy
1 5 (26.32%) Pandas
2 3 (15.79%) SciPy
3 2 (10.53%) .NET
3 2 (10.53%) AngularJS
3 2 (10.53%) Matplotlib
3 2 (10.53%) React
4 1 (5.26%) Rendezvous
Miscellaneous
1 5 (26.32%) Derivative
2 4 (21.05%) Algorithms
2 4 (21.05%) Equities
2 4 (21.05%) Greenfield Project
2 4 (21.05%) Hedge funds
3 3 (15.79%) Market Risk
4 2 (10.53%) Fixed Income
5 1 (5.26%) Equity Derivative
5 1 (5.26%) Foreign Exchange (FX)
Processes & Methodologies
1 8 (42.11%) DevOps
1 8 (42.11%) Problem-Solving
1 8 (42.11%) SDLC
2 6 (31.58%) Agile
3 5 (26.32%) CI/CD
3 5 (26.32%) User Acceptance Testing
4 4 (21.05%) Mathematics
4 4 (21.05%) Software Engineering
5 3 (15.79%) Analytics
5 3 (15.79%) Computer Science
5 3 (15.79%) Systematic Trading
5 3 (15.79%) Test Automation
5 3 (15.79%) Visualisation
6 2 (10.53%) Data Pipeline
6 2 (10.53%) Full Stack Development
6 2 (10.53%) Performance Optimisation
6 2 (10.53%) Probabilistic Modelling
6 2 (10.53%) Product Requirements
6 2 (10.53%) Quantitative Finance
6 2 (10.53%) Quantitative Research
Programming Languages
1 15 (78.95%) Python
2 11 (57.89%) C#
3 6 (31.58%) SQL
4 5 (26.32%) C++
5 4 (21.05%) Java
6 2 (10.53%) JavaScript
6 2 (10.53%) Rust
Qualifications
1 3 (15.79%) Degree
1 3 (15.79%) Master's Degree
2 1 (5.26%) PhD
Vendors
1 1 (5.26%) IBM
1 1 (5.26%) Solace
1 1 (5.26%) TIBCO