Quantitative Finance Contracts in the City of London

Quantitative Finance (Mathematical Finance)
Central London > City of London

The table below provides summary statistics for contract job vacancies advertised in the City of London requiring Quantitative Finance skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Quantitative Finance over the 6 months leading up to 4 May 2025, comparing them to the same period in the previous two years.

6 months to
4 May 2025
Same period 2024 Same period 2023
Rank 118 122 173
Rank change year-on-year +4 +51 +16
Contract jobs citing Quantitative Finance 4 3 1
As % of all contract jobs advertised in the City of London 0.23% 0.14% 0.027%
As % of the Processes & Methodologies category 0.24% 0.15% 0.030%
Number of daily rates quoted 2 1 1
10th Percentile £660 - -
25th Percentile £722 £813 -
Median daily rate (50th Percentile) £849 £825 £750
Median % change year-on-year +2.91% +10.00% +15.38%
75th Percentile £982 £838 -
90th Percentile £1,047 - -
Central London median daily rate £849 £825 £750
% change year-on-year +2.91% +10.00% +15.38%

All Process and Methodology Skills
City of London

Quantitative Finance falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in the City of London.

Contract vacancies with a requirement for process or methodology skills 1,638 1,975 3,332
As % of all contract IT jobs advertised in the City of London 93.28% 90.51% 91.54%
Number of daily rates quoted 1,036 1,399 2,240
10th Percentile £363 £361 £356
25th Percentile £463 £450 £481
Median daily rate (50th Percentile) £575 £568 £600
Median % change year-on-year +1.32% -5.42% +4.35%
75th Percentile £688 £688 £730
90th Percentile £775 £813 £825
Central London median daily rate £575 £550 £600
% change year-on-year +4.55% -8.33% +4.44%
Number of hourly rates quoted 12 11 25
10th Percentile £22.00 £19.92 £15.35
25th Percentile £24.00 £20.22 £18.50
Median hourly rate £29.58 £25.00 £35.00
Median % change year-on-year +18.30% -28.57% -13.58%
75th Percentile £45.00 £40.00 £58.75
90th Percentile £62.25 £41.84 £88.30
Central London median hourly rate £29.07 £27.81 £35.00
% change year-on-year +4.53% -20.54% -13.58%

Quantitative Finance
Job Vacancy Trend in the City of London

Job postings citing Quantitative Finance as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Quantitative Finance in the City of London

Quantitative Finance
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Quantitative Finance in the City of London.

Daily rate trend for Quantitative Finance in the City of London

Quantitative Finance
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Quantitative Finance in the City of London over the 6 months to 4 May 2025.

Daily rate histogram for Quantitative Finance in the City of London

Quantitative Finance
Co-occurring Skills and Capabilities in the City of 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:

Cloud Services
1 3 (75.00%) Azure
1 3 (75.00%) Azure AKS
1 3 (75.00%) Azure Cosmos DB
1 3 (75.00%) Azure Service Bus
1 3 (75.00%) Entra ID
1 3 (75.00%) GitHub
1 3 (75.00%) GitHub Actions
Communications & Networking
1 3 (75.00%) DNS
2 1 (25.00%) Multicast
Database & Business Intelligence
1 3 (75.00%) SQL Server
General
1 4 (100.00%) Finance
2 1 (25.00%) Advertising
2 1 (25.00%) Front Office
Job Titles
1 3 (75.00%) Software Engineer
2 1 (25.00%) Lead
2 1 (25.00%) Python Engineer
2 1 (25.00%) Python Software Engineer
2 1 (25.00%) Technical Leader
Libraries, Frameworks & Software Standards
1 3 (75.00%) Kafka
1 3 (75.00%) NumPy
1 3 (75.00%) OAuth
1 3 (75.00%) OAuth2
1 3 (75.00%) OpenID
1 3 (75.00%) OpenTelemetry
1 3 (75.00%) Pandas
2 2 (50.00%) REST
3 1 (25.00%) FIX Protocol
3 1 (25.00%) RESTful
Miscellaneous
1 1 (25.00%) Algorithms
1 1 (25.00%) Foreign Exchange (FX)
Operating Systems
1 1 (25.00%) Linux
1 1 (25.00%) Unix
Processes & Methodologies
1 3 (75.00%) End-to-End Testing
1 3 (75.00%) Performance Testing
1 3 (75.00%) Software Engineering
1 3 (75.00%) Test Automation
2 1 (25.00%) Agile
2 1 (25.00%) API Development
2 1 (25.00%) Data Science
2 1 (25.00%) Garbage Collection
2 1 (25.00%) Infrastructure as Code
2 1 (25.00%) Low Latency
2 1 (25.00%) Multithreading
2 1 (25.00%) Observability
2 1 (25.00%) Performance Monitoring
2 1 (25.00%) Software Delivery
2 1 (25.00%) Sprint Planning
Programming Languages
1 3 (75.00%) C#
1 3 (75.00%) Python
2 1 (25.00%) Java
Quality Assurance & Compliance
1 2 (50.00%) Sarbanes-Oxley
Systems Management
1 3 (75.00%) Kubernetes
1 3 (75.00%) Terraform