Senior Quantitative Developer Contracts in London

Senior Quant Developer
England > London

The median Senior Quant Developer daily rate in London is £950 according to job vacancies posted during the 6 months to 19 April 2024.

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

6 months to
19 Apr 2024
Same period 2023 Same period 2022
Rank 383 456 593
Rank change year-on-year +73 +137 -128
Contract jobs requiring a Senior Quantitative Developer 8 43 11
As % of all contract jobs advertised in London 0.045% 0.16% 0.028%
As % of the Job Titles category 0.048% 0.16% 0.029%
Number of daily rates quoted 3 30 10
10th Percentile £845 £759 £823
25th Percentile £875 £766 £853
Median daily rate (50th Percentile) £950 £850 £875
Median % change year-on-year +11.76% -2.86% -
75th Percentile £1,088 £913 £948
90th Percentile £1,155 £950 £960
England median daily rate £950 £850 £875
% change year-on-year +11.76% -2.86% -

All Contract IT Job Vacancies
London

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised 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 16,618 26,148 37,443
% of contract IT jobs with a recognized job title 93.14% 95.28% 95.33%
Number of daily rates quoted 12,014 18,877 27,349
10th Percentile £325 £363 £375
25th Percentile £441 £463 £469
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - +9.52%
75th Percentile £675 £700 £675
90th Percentile £788 £800 £775
England median daily rate £525 £550 £525
% change year-on-year -4.55% +4.76% +10.53%
Number of hourly rates quoted 342 297 456
10th Percentile £16.00 £17.99 £16.50
25th Percentile £20.00 £22.50 £22.08
Median hourly rate £27.81 £35.00 £35.00
Median % change year-on-year -20.54% - +12.90%
75th Percentile £44.50 £60.00 £49.25
90th Percentile £64.95 £76.95 £67.50
England median hourly rate £35.00 £43.86 £22.40
% change year-on-year -20.20% +95.80% -0.09%

Senior Quantitative Developer
Job Vacancy Trend in London

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

Job vacancy trend for Senior Quantitative Developer in London

Senior Quantitative Developer
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Senior Quantitative Developer in London.

Daily rate trend for Senior Quantitative Developer in London

Senior Quantitative Developer
Daily Rate Histogram in London

Daily rate distribution for jobs citing Senior Quantitative Developer in London over the 6 months to 19 April 2024.

Daily rate histogram for Senior Quantitative Developer in London

Senior 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 Senior Quantitative Developer within the London region over the 6 months to 19 April 2024. 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 +39 2 - -
Senior Quantitative Developer
England

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

For the 6 months to 19 April 2024, Senior 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 Senior Quantitative Developer in the job title.

1 7 (87.50%) Mathematics
1 7 (87.50%) C++
2 6 (75.00%) Java
2 6 (75.00%) SQL
2 6 (75.00%) Python
2 6 (75.00%) Finance
2 6 (75.00%) Derivative
2 6 (75.00%) Test Automation
2 6 (75.00%) SciPy
2 6 (75.00%) NumPy
2 6 (75.00%) NoSQL
2 6 (75.00%) Azure
2 6 (75.00%) AWS
2 6 (75.00%) GitHub
2 6 (75.00%) DevOps
2 6 (75.00%) Pandas
2 6 (75.00%) Data Pipeline
2 6 (75.00%) CI/CD
2 6 (75.00%) Product Requirements
2 6 (75.00%) Rust
2 6 (75.00%) Performance Optimisation
2 6 (75.00%) Azure DevOps
2 6 (75.00%) Probabilistic Modelling
3 4 (50.00%) Financial Modelling
3 4 (50.00%) Backtesting
3 4 (50.00%) Front Office
4 3 (37.50%) Applied Mathematics
4 3 (37.50%) Computer Science
4 3 (37.50%) Software Engineering
4 3 (37.50%) Degree

Senior 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:

Cloud Services
1 6 (75.00%) AWS
1 6 (75.00%) Azure
1 6 (75.00%) Azure DevOps
1 6 (75.00%) GitHub
Database & Business Intelligence
1 6 (75.00%) NoSQL
General
1 6 (75.00%) Finance
2 4 (50.00%) Front Office
3 2 (25.00%) Analytical Skills
3 2 (25.00%) Presentation Skills
3 2 (25.00%) Social Skills
Libraries, Frameworks & Software Standards
1 6 (75.00%) NumPy
1 6 (75.00%) Pandas
1 6 (75.00%) SciPy
Miscellaneous
1 6 (75.00%) Derivative
2 2 (25.00%) Renewable Energy
2 2 (25.00%) Solar Panel
3 1 (12.50%) Algorithms
3 1 (12.50%) Hedge funds
3 1 (12.50%) Market Risk
Processes & Methodologies
1 7 (87.50%) Mathematics
2 6 (75.00%) CI/CD
2 6 (75.00%) Data Pipeline
2 6 (75.00%) DevOps
2 6 (75.00%) Performance Optimisation
2 6 (75.00%) Probabilistic Modelling
2 6 (75.00%) Product Requirements
2 6 (75.00%) Test Automation
3 4 (50.00%) Backtesting
3 4 (50.00%) Financial Modelling
4 3 (37.50%) Applied Mathematics
4 3 (37.50%) Architectural Patterns
4 3 (37.50%) Computer Science
4 3 (37.50%) Mathematical Modelling
4 3 (37.50%) Software Engineering
5 1 (12.50%) Algorithmic Trading
5 1 (12.50%) Analytics
5 1 (12.50%) Prototyping
5 1 (12.50%) Systematic Trading
Programming Languages
1 7 (87.50%) C++
2 6 (75.00%) Java
2 6 (75.00%) Python
2 6 (75.00%) Rust
2 6 (75.00%) SQL
3 1 (12.50%) Scala
Qualifications
1 3 (37.50%) Degree