The median contractor rate for a C++ Quantitative Developer was £625 per day in advertised job vacancies in London during the 3 months to 28 April 2017.

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

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

C++ Quant Developer
England / London
3 months to
28 Apr 2017
Same period 2016 Same period 2015
Rank 381 414 421
Rank change year-on-year +33 +7  
Contract jobs requiring a C++ Quantitative Developer 28 21 8
As % of all contract IT jobs advertised in London 0.14% 0.091% 0.036%
As % of the Job Titles category 0.14% 0.096% 0.038%
Number of daily rates quoted 28 19 5
Median daily rate £625 £610 £650
Median daily rate % change year-on-year +2.45% -6.15%  
90% offered a daily rate of more than £620 £545 £631
10% offered a daily rate of more than £750 £710 £725
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19491 21854 21222
As % of all contract IT job vacancies advertised in London 94.68% 94.97% 94.83%
Number of daily rates quoted 13915 15781 14566
Median daily rate £475 £463 £450
Median daily rate % change year-on-year +2.70% +2.77%  
90% offered a daily rate of more than £313 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £398 £375
% change year-on-year +0.62% +6.00%  
Number of hourly rates quoted 237 251 381
Median hourly rate £20.50 £17.50 £19.00
Median hourly rate % change year-on-year +17.14% -7.89%  
90% offered a hourly rate of more than £13.00 £12.00 £12.50
10% offered a hourly rate of more than £50.00 £40.00 £55.00
UK excluding London median hourly rate £17.50 £17.50 £16.70
% change year-on-year - +4.79%  

C++ Quantitative Developer
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured C++ Quantitative Developer in the job title.

Job vacancy trend for C++ Quantitative Developer in London

C++ Quantitative Developer
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing C++ Quantitative Developer in London.

Contractor daily rate trend for C++ Quantitative Developer in London

C++ Quantitative Developer
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing C++ Quantitative Developer in London over the 3 months to 28 April 2017.

Contractor daily rate histogram for C++ Quantitative Developer in London

C++ Quantitative Developer
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 C++ Quantitative Developer within the London region over the 3 months to 28 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -3 4 £725 +38.09% 2
C++ Quantitative Developer
England

C++ Quantitative Developer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 28 April 2017, C++ Quantitative Developer contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring C++ Quantitative Developer in the job title.

1 54 (100.00%) C++
2 38 (70.37%) C#
3 27 (50.00%) Fixed Income
4 26 (48.15%) Python
5 25 (46.30%) Front Office
6 23 (42.59%) Computer Science
7 22 (40.74%) Mathematics
8 21 (38.89%) Derivative
9 20 (37.04%) Agile Software Development
9 20 (37.04%) Windows
10 19 (35.19%) Quantitative Research
11 17 (31.48%) Finance
11 17 (31.48%) Subversion
12 14 (25.93%) OOP
12 14 (25.93%) OO
13 12 (22.22%) PnL Attribution
13 12 (22.22%) SDLC
13 12 (22.22%) Linux
14 11 (20.37%) Software Testing
14 11 (20.37%) Migration
14 11 (20.37%) Quality Management
14 11 (20.37%) Management Information System
14 11 (20.37%) PhD
14 11 (20.37%) Foreign Exchange (FX)
14 11 (20.37%) Cross-Platform Development
14 11 (20.37%) QA
14 11 (20.37%) TeamCity
14 11 (20.37%) Analytical Skills
15 10 (18.52%) Market Risk
16 9 (16.67%) XML

C++ Quantitative Developer Skill Set
Co-occurring IT Skills in London by Category

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

Application Platforms
1 6 (11.11%) CMS
Applications
1 9 (16.67%) Microsoft Excel
2 6 (11.11%) Spreadsheet
Business Applications
1 1 (1.85%) ION MarketView
Database & Business Intelligence
1 1 (1.85%) Big Data
Development Applications
1 17 (31.48%) Subversion
2 11 (20.37%) TeamCity
3 4 (7.41%) JIRA
General
1 25 (46.30%) Front Office
2 17 (31.48%) Finance
3 8 (14.81%) Banking
4 6 (11.11%) Investment Banking
5 3 (5.56%) Financial Institution
6 1 (1.85%) French Language
6 1 (1.85%) Marketing
6 1 (1.85%) Retail
Libraries, Frameworks & Software Standards
1 9 (16.67%) XML
2 8 (14.81%) Boost C++ Libraries
2 8 (14.81%) STL
3 7 (12.96%) .NET
4 2 (3.70%) JNI
5 1 (1.85%) COM
5 1 (1.85%) FIX Protocol
5 1 (1.85%) XSD
5 1 (1.85%) XSLT
Miscellaneous
1 27 (50.00%) Fixed Income
2 23 (42.59%) Computer Science
3 21 (38.89%) Derivative
4 11 (20.37%) Analytical Skills
4 11 (20.37%) Foreign Exchange (FX)
4 11 (20.37%) Management Information System
5 10 (18.52%) Market Risk
6 6 (11.11%) Interest Rate Derivative
6 6 (11.11%) Swaptions
7 5 (9.26%) Credit Risk
8 4 (7.41%) CUDA
8 4 (7.41%) Grid Computing
9 3 (5.56%) Algorithms
10 2 (3.70%) Equities
11 1 (1.85%) Credit Derivative
11 1 (1.85%) Equity Derivative
11 1 (1.85%) Greenfield Project
11 1 (1.85%) OTC Derivatives
Operating Systems
1 20 (37.04%) Windows
2 12 (22.22%) Linux
3 1 (1.85%) Windows 7
Processes & Methodologies
1 22 (40.74%) Mathematics
2 20 (37.04%) Agile Software Development
3 19 (35.19%) Quantitative Research
4 14 (25.93%) OO
4 14 (25.93%) OOP
5 12 (22.22%) PnL Attribution
5 12 (22.22%) SDLC
6 11 (20.37%) Cross-Platform Development
6 11 (20.37%) Migration
6 11 (20.37%) Quality Management
6 11 (20.37%) Software Testing
7 9 (16.67%) Analytics
7 9 (16.67%) Economics
8 7 (12.96%) Monte Carlo Method
8 7 (12.96%) Risk Management
9 6 (11.11%) Physics
9 6 (11.11%) Risk Analytics
10 5 (9.26%) Quantitative Finance
11 4 (7.41%) TDD
12 3 (5.56%) Statistics
Programming Languages
1 54 (100.00%) C++
2 38 (70.37%) C#
3 26 (48.15%) Python
4 7 (12.96%) Java
5 4 (7.41%) VBA
6 3 (5.56%) MATLAB
7 2 (3.70%) C
7 2 (3.70%) R
7 2 (3.70%) SQL
8 1 (1.85%) Ada
8 1 (1.85%) VC++
Qualifications
1 11 (20.37%) PhD
2 6 (11.11%) Degree
Quality Assurance & Compliance
1 11 (20.37%) QA
Vendors
1 8 (14.81%) Microsoft
2 2 (3.70%) Oracle
3 1 (1.85%) ION Trading
3 1 (1.85%) Solace
3 1 (1.85%) Sophis
Central London / West End
X4 Group
Rate: £400 - 700 per day
Posted: 2 days ago
London
Adlam Consulting Ltd
Rate: From £400 to £700 per day
Posted: 2 days ago
London
AMS contingency
Posted: 24 days ago