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 28 August 2025, comparing them to the same period in the previous two years.

6 months to
28 Aug 2025
Same period 2024 Same period 2023
Rank 120 119 158
Rank change year-on-year -1 +39 +42
DemandTrendContract jobs citing Quantitative Finance 4 3 3
As % of all contract jobs advertised in the City of London 0.22% 0.14% 0.095%
As % of the Processes & Methodologies category 0.23% 0.16% 0.10%
Number of daily rates quoted 2 2 3
10th Percentile £650 £817 -
25th Percentile £697 £824 -
Median daily rate (50th Percentile) £800 £847 £750
Median % change year-on-year -5.52% +12.90% +20.00%
75th Percentile £909 £868 £850
90th Percentile £960 £874 £910
Central London median daily rate £800 £847 £750
% change year-on-year -5.52% +12.90% +20.00%

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.

DemandTrendContract vacancies with a requirement for process or methodology skills 1,703 1,900 2,877
As % of all contract IT jobs advertised in the City of London 94.24% 91.74% 90.96%
Number of daily rates quoted 1,120 1,251 1,976
10th Percentile £325 £375 £363
25th Percentile £422 £475 £475
Median daily rate (50th Percentile) £550 £575 £600
Median % change year-on-year -4.35% -4.17% +4.35%
75th Percentile £675 £688 £713
90th Percentile £775 £790 £813
Central London median daily rate £550 £575 £600
% change year-on-year -4.35% -4.17% +4.35%
Number of hourly rates quoted 22 16 15
10th Percentile £17.35 £15.00 £14.25
25th Percentile £23.98 £19.79 £14.75
Median hourly rate £28.33 £26.63 £27.50
Median % change year-on-year +6.38% -3.18% -36.40%
75th Percentile £53.50 £82.19 £47.41
90th Percentile £63.75 £137.50 £62.45
Central London median hourly rate £29.07 £27.00 £35.00
% change year-on-year +7.67% -22.86% -17.65%

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
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing Quantitative Finance.

Contractor daily rate distribution trend for jobs in the City of London citing Quantitative Finance

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 28 August 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 2 (50.00%) Azure
1 2 (50.00%) Azure AKS
1 2 (50.00%) Azure Cosmos DB
1 2 (50.00%) Azure Service Bus
1 2 (50.00%) Entra ID
1 2 (50.00%) GitHub
1 2 (50.00%) GitHub Actions
Communications & Networking
1 2 (50.00%) DNS
Database & Business Intelligence
1 2 (50.00%) SQL Server
2 1 (25.00%) KDB
2 1 (25.00%) Kdb+
Development Applications
1 1 (25.00%) Artifactory
1 1 (25.00%) GitLab
1 1 (25.00%) QUnit
General
1 4 (100.00%) Finance
2 1 (25.00%) Advertising
2 1 (25.00%) Analytical Skills
2 1 (25.00%) Back Office
2 1 (25.00%) Financial Institution
2 1 (25.00%) Front Office
Job Titles
1 2 (50.00%) Developer
1 2 (50.00%) Software Engineer
2 1 (25.00%) KDB Developer
2 1 (25.00%) Python Engineer
2 1 (25.00%) Python Software Engineer
2 1 (25.00%) Senior
2 1 (25.00%) Senior Developer
Libraries, Frameworks & Software Standards
1 2 (50.00%) Kafka
1 2 (50.00%) NumPy
1 2 (50.00%) OAuth
1 2 (50.00%) OAuth2
1 2 (50.00%) OpenID
1 2 (50.00%) OpenTelemetry
1 2 (50.00%) Pandas
2 1 (25.00%) REST
2 1 (25.00%) RESTful
Miscellaneous
1 1 (25.00%) Algorithms
1 1 (25.00%) Credit Risk
1 1 (25.00%) Fixed Income
Operating Systems
1 1 (25.00%) Linux
1 1 (25.00%) Unix
Processes & Methodologies
1 2 (50.00%) Agile
1 2 (50.00%) End-to-End Testing
1 2 (50.00%) Mathematics
1 2 (50.00%) Performance Testing
1 2 (50.00%) Software Engineering
1 2 (50.00%) Test Automation
2 1 (25.00%) API Development
2 1 (25.00%) Collaborative Working
2 1 (25.00%) Complexity Analysis
2 1 (25.00%) Credit Risk Analysis
2 1 (25.00%) Data Science
2 1 (25.00%) DevOps
2 1 (25.00%) Flow Trading
2 1 (25.00%) High Availability
2 1 (25.00%) Infrastructure as Code
2 1 (25.00%) Low Latency
2 1 (25.00%) Observability
2 1 (25.00%) Performance Monitoring
2 1 (25.00%) Software Delivery
2 1 (25.00%) Translating Business Requirements
Programming Languages
1 3 (75.00%) Python
2 2 (50.00%) C#
3 1 (25.00%) C
3 1 (25.00%) C++
Qualifications
1 1 (25.00%) Degree
1 1 (25.00%) Postgraduate
Quality Assurance & Compliance
1 1 (25.00%) Sarbanes-Oxley
Systems Management
1 2 (50.00%) Kubernetes
1 2 (50.00%) Terraform
2 1 (25.00%) Rundeck