Quantitative Developer Contract Job Trends in London

Quant Developer
England > London

The median Quant Developer daily rate in London is £900, according to job vacancies posted in the 6 months leading up to 24 September 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
24 Sep 2025
Same period 2024 Same period 2023
Rank 322 345 361
Rank change year-on-year +23 +16 +48
Contract jobs requiring a Quantitative Developer 39 43 83
As % of all contract jobs advertised in London 0.29% 0.27% 0.38%
As % of the Job Titles category 0.31% 0.28% 0.41%
Number of daily rates quoted 34 38 64
10th Percentile £700 £731 £688
25th Percentile £816 £775 £809
Median daily rate (50th Percentile) £900 £850 £900
Median % change year-on-year +5.88% -5.56% +5.88%
75th Percentile £1,038 £944 £950
90th Percentile £1,068 £1,115 £996
England median daily rate £900 £850 £900
% change year-on-year +5.88% -5.56% +5.88%

All Contract IT Job Vacancies
London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies in 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 London with a recognized job title 12,491 15,200 20,455
% of contract IT jobs with a recognized job title 92.66% 93.95% 94.29%
Number of daily rates quoted 8,352 10,069 14,911
10th Percentile £331 £343 £350
25th Percentile £425 £450 £463
Median daily rate (50th Percentile) £543 £550 £575
Median % change year-on-year -1.27% -4.35% -
75th Percentile £670 £675 £688
90th Percentile £775 £800 £800
England median daily rate £510 £525 £548
% change year-on-year -2.86% -4.11% -0.45%
Number of hourly rates quoted 208 178 221
10th Percentile £17.00 £17.43 £18.16
25th Percentile £22.98 £23.80 £22.25
Median hourly rate £28.75 £35.00 £37.34
Median % change year-on-year -17.86% -6.27% +18.54%
75th Percentile £49.56 £57.13 £61.75
90th Percentile £65.17 £75.00 £76.25
England median hourly rate £25.15 £46.18 £45.00
% change year-on-year -45.54% +2.62% +73.08%

Quantitative Developer
Job Vacancy Trend in London

Job postings that featured Quantitative Developer in the job title as a proportion of all IT jobs advertised in London.

Job vacancy trend for Quantitative Developer in London

Quantitative Developer
Daily Rate Trend in London

Contractor daily rate distribution trend for Quantitative Developer job vacancies in London.

Contractor daily rate distribution trend for Quantitative Developer job vacancies in London

Quantitative Developer
Daily Rate Histogram in London

Daily rate distribution for jobs citing Quantitative Developer in London over the 6 months to 24 September 2025.

Daily rate histogram for Quantitative Developer in London

Quantitative Developer
Hourly Rate Trend in London

Contractor hourly rate distribution trend for Quantitative Developer job vacancies in London.

Contractor hourly rate distribution trend for Quantitative Developer job vacancies in London

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 Quantitative Developer within the London region over the 6 months to 24 September 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 +1 5 £788 -12.50% 27
East London - 5 £1,000 - 1
Quantitative Developer
England

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

For the 6 months to 24 September 2025, 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 London region featuring Quantitative Developer in the job title.

1 32 (82.05%) Python
2 25 (64.10%) C++
3 21 (53.85%) Finance
4 20 (51.28%) Front Office
4 20 (51.28%) Mathematics
5 16 (41.03%) Banking
6 15 (38.46%) Derivative
7 13 (33.33%) Equity Derivative
7 13 (33.33%) Equities
8 11 (28.21%) Data Pipeline
9 10 (25.64%) Degree
9 10 (25.64%) Risk Management
10 9 (23.08%) Algorithms
11 8 (20.51%) Physics
11 8 (20.51%) Foreign Exchange (FX)
12 7 (17.95%) Linux
12 7 (17.95%) Investment Banking
12 7 (17.95%) Low Latency
13 6 (15.38%) Numerate Degree
13 6 (15.38%) CI/CD
13 6 (15.38%) Microsoft Excel
13 6 (15.38%) Social Skills
14 5 (12.82%) Windows
14 5 (12.82%) C#
14 5 (12.82%) Financial Institution
14 5 (12.82%) Algorithmic Trading
14 5 (12.82%) Sophis
14 5 (12.82%) Distributed Systems
14 5 (12.82%) Analytics
15 4 (10.26%) Machine Learning

Quantitative Developer Skill Set
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:

Application Platforms
1 2 (5.13%) Confluence
Applications
1 6 (15.38%) Microsoft Excel
Cloud Services
1 2 (5.13%) Azure
2 1 (2.56%) AWS
2 1 (2.56%) GCP
Communications & Networking
1 3 (7.69%) Multicast
Database & Business Intelligence
1 2 (5.13%) Big Data
2 1 (2.56%) Relational Database
Development Applications
1 2 (5.13%) Bitbucket
1 2 (5.13%) Git
1 2 (5.13%) JIRA
2 1 (2.56%) GCC
2 1 (2.56%) GDB
2 1 (2.56%) Visual Studio
General
1 21 (53.85%) Finance
2 20 (51.28%) Front Office
3 16 (41.03%) Banking
4 7 (17.95%) Investment Banking
5 6 (15.38%) Social Skills
6 5 (12.82%) Financial Institution
7 2 (5.13%) Analytical Skills
7 2 (5.13%) Back Office
7 2 (5.13%) Inclusion and Diversity
8 1 (2.56%) International Banking
Libraries, Frameworks & Software Standards
1 3 (7.69%) FIX Protocol
2 1 (2.56%) Boost C++ Libraries
2 1 (2.56%) HTML
2 1 (2.56%) HTML5
2 1 (2.56%) Middleware
2 1 (2.56%) Next.js
2 1 (2.56%) NumPy
2 1 (2.56%) OpenFin
2 1 (2.56%) Pandas
2 1 (2.56%) STL
Miscellaneous
1 15 (38.46%) Derivative
2 13 (33.33%) Equities
2 13 (33.33%) Equity Derivative
3 9 (23.08%) Algorithms
4 8 (20.51%) Foreign Exchange (FX)
5 5 (12.82%) Distributed Systems
6 3 (7.69%) Credit Risk
6 3 (7.69%) Data Structures
7 2 (5.13%) Market Risk
7 2 (5.13%) TWAP
7 2 (5.13%) VWAP
8 1 (2.56%) Credit Derivative
8 1 (2.56%) Distributed Architecture
8 1 (2.56%) Distributed Computing
8 1 (2.56%) Fixed Income
8 1 (2.56%) Grid Computing
Operating Systems
1 7 (17.95%) Linux
2 5 (12.82%) Windows
Processes & Methodologies
1 20 (51.28%) Mathematics
2 11 (28.21%) Data Pipeline
3 10 (25.64%) Risk Management
4 8 (20.51%) Physics
5 7 (17.95%) Low Latency
6 6 (15.38%) CI/CD
7 5 (12.82%) Algorithmic Trading
7 5 (12.82%) Analytics
8 4 (10.26%) Collaborative Working
8 4 (10.26%) Computer Science
8 4 (10.26%) Machine Learning
8 4 (10.26%) Multithreading
8 4 (10.26%) Quantitative Finance
9 3 (7.69%) Data Analysis
9 3 (7.69%) Decision-Making
9 3 (7.69%) Market Making
9 3 (7.69%) Systematic Trading
10 2 (5.13%) Quantitative Analysis
10 2 (5.13%) Software Engineering
10 2 (5.13%) TDD
Programming Languages
1 32 (82.05%) Python
2 25 (64.10%) C++
3 5 (12.82%) C#
4 4 (10.26%) SQL
5 2 (5.13%) Haskell
5 2 (5.13%) Java
5 2 (5.13%) Rust
6 1 (2.56%) C
6 1 (2.56%) VBA
Qualifications
1 10 (25.64%) Degree
2 6 (15.38%) Numerate Degree
3 4 (10.26%) Master's Degree
4 1 (2.56%) PhD
Vendors
1 5 (12.82%) Sophis
2 2 (5.13%) Atlassian
3 1 (2.56%) Oracle
3 1 (2.56%) Solace