Backtesting Contracts in London

Backtesting
England > London

The table below provides summary statistics for contract job vacancies advertised in London requiring Backtesting skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Backtesting over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 348 363 461
Rank change year-on-year +15 +98 +109
Contract jobs citing Backtesting 5 28 32
As % of all contract jobs advertised in London 0.040% 0.16% 0.12%
As % of the Processes & Methodologies category 0.043% 0.18% 0.13%
Number of daily rates quoted 5 18 16
10th Percentile £410 £235 £606
25th Percentile £575 £569 £650
Median daily rate (50th Percentile) £800 £850 £800
Median % change year-on-year -5.88% +6.25% +1.59%
75th Percentile £913 £1,017 £838
90th Percentile - £1,091 £906
England median daily rate £800 £850 £800
% change year-on-year -5.88% +6.25% +1.59%

All Process and Methodology Skills
London

Backtesting 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 London.

Contract vacancies with a requirement for process or methodology skills 11,564 15,790 24,631
As % of all contract IT jobs advertised in London 92.16% 88.55% 91.11%
Number of daily rates quoted 7,847 11,316 17,711
10th Percentile £350 £338 £375
25th Percentile £440 £450 £475
Median daily rate (50th Percentile) £550 £550 £590
Median % change year-on-year - -6.78% +2.61%
75th Percentile £688 £675 £700
90th Percentile £813 £800 £800
England median daily rate £525 £525 £550
% change year-on-year - -4.55% +2.33%
Number of hourly rates quoted 166 324 278
10th Percentile £16.17 £16.00 £18.59
25th Percentile £22.68 £20.00 £22.53
Median hourly rate £31.67 £29.50 £38.13
Median % change year-on-year +7.36% -22.62% +5.90%
75th Percentile £50.75 £47.56 £62.64
90th Percentile £63.75 £65.93 £76.78
England median hourly rate £29.07 £36.00 £37.50
% change year-on-year -19.25% -4.00% +53.06%

Backtesting
Job Vacancy Trend in London

Job postings citing Backtesting as a proportion of all IT jobs advertised in London.

Job vacancy trend for Backtesting in London

Backtesting
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Backtesting in London.

Daily rate trend for Backtesting in London

Backtesting
Daily Rate Histogram in London

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

Daily rate histogram for Backtesting in London

Backtesting
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Backtesting in London.

Hourly rate trend for Backtesting in London

Backtesting
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Backtesting within the 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
Central London 0 1 £300 -69.09% 1
Backtesting
England

Backtesting
Co-occurring Skills and Capabilities in 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 1 (20.00%) EViews
Cloud Services
1 2 (40.00%) AWS
1 2 (40.00%) Azure
1 2 (40.00%) Azure DevOps
1 2 (40.00%) GitHub
1 2 (40.00%) GitHub Actions
Database & Business Intelligence
1 2 (40.00%) NoSQL
2 1 (20.00%) KDB
General
1 4 (80.00%) Finance
2 3 (60.00%) Social Skills
3 2 (40.00%) Presentation Skills
4 1 (20.00%) Analytical Skills
4 1 (20.00%) Front Office
Job Titles
1 3 (60.00%) Developer
1 3 (60.00%) Python Developer
2 2 (40.00%) Energy Trading Developer
2 2 (40.00%) Principal Developer
2 2 (40.00%) Quantitative Developer
3 1 (20.00%) Analyst
3 1 (20.00%) Financial Analyst
3 1 (20.00%) Project Manager
3 1 (20.00%) Research Analyst
3 1 (20.00%) Test Manager
3 1 (20.00%) Test Project Manager
3 1 (20.00%) Transformation Manager
3 1 (20.00%) Transformation Project Manager
Libraries, Frameworks & Software Standards
1 3 (60.00%) NumPy
1 3 (60.00%) Pandas
2 2 (40.00%) Kafka
2 2 (40.00%) PySpark
2 2 (40.00%) SciPy
Miscellaneous
1 3 (60.00%) Derivative
2 2 (40.00%) Renewable Energy
2 2 (40.00%) Solar Panel
3 1 (20.00%) Equities
3 1 (20.00%) Fixed Income
3 1 (20.00%) OTC Derivatives
3 1 (20.00%) Virtual Team
Processes & Methodologies
1 3 (60.00%) Computer Science
1 3 (60.00%) Data Engineering
2 2 (40.00%) Analytics
2 2 (40.00%) Applied Mathematics
2 2 (40.00%) Architectural Patterns
2 2 (40.00%) CI/CD
2 2 (40.00%) Data Pipeline
2 2 (40.00%) DevOps
2 2 (40.00%) Greeks
2 2 (40.00%) Mathematical Modelling
2 2 (40.00%) Mathematics
2 2 (40.00%) Performance Optimisation
2 2 (40.00%) Probabilistic Modelling
2 2 (40.00%) Product Requirements
2 2 (40.00%) Quantitative Research
2 2 (40.00%) Risk Management
2 2 (40.00%) Software Engineering
2 2 (40.00%) Test Automation
2 2 (40.00%) Web Development
3 1 (20.00%) Continuous Deployment
Programming Languages
1 4 (80.00%) Python
2 3 (60.00%) Java
3 2 (40.00%) C++
3 2 (40.00%) Rust
3 2 (40.00%) SQL
4 1 (20.00%) R
Qualifications
1 2 (40.00%) Degree
1 2 (40.00%) Master's Degree
Quality Assurance & Compliance
1 1 (20.00%) QA
System Software
1 2 (40.00%) Docker
Systems Management
1 2 (40.00%) Terraform