The median contractor rate for a C++ Quantitative Developer was £638 per day in advertised job vacancies during the 3 months to 25 March 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
C++ Quant Developer
UK
Rank 556 619 616
Rank change year-on-year +63 -3  
Contract jobs requiring a C++ Quantitative Developer 37 25 8
As % of all contract IT jobs advertised in the UK 0.082% 0.047% 0.015%
As % of the Job Titles category 0.086% 0.049% 0.016%
Number of daily rates quoted 37 23 6
Median daily rate £638 £625 £670
Median daily rate % change year-on-year +2.00% -6.71%  
90% offered a daily rate of more than £592 £556 £625
10% offered a daily rate of more than £750 £810 £700
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. 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
UK
Contract job vacancies with a job title containing a recognized job role 42948 50649 50145
As % of all contract IT job vacancies advertised in the UK 94.81% 95.19% 94.81%
Number of daily rates quoted 27820 32762 30258
Median daily rate £425 £425 £400
Median daily rate % change year-on-year - +6.25%  
90% offered a daily rate of more than £260 £260 £238
10% offered a daily rate of more than £600 £600 £550
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 1510 1586 1994
Median hourly rate £18.00 £19.00 £17.50
Median hourly rate % change year-on-year -5.26% +8.57%  
90% offered a hourly rate of more than £11.25 £11.50 £11.00
10% offered a hourly rate of more than £47.50 £48.00 £42.50
UK excluding London median hourly rate £17.50 £20.00 £17.22
% change year-on-year -12.50% +16.14%  

C++ Quantitative Developer
Job Vacancy Trend

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

Job vacancy trend for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Contractor Daily Rate Trend

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

Contractor daily rate trend for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing C++ Quantitative Developer over the 3 months to 25 March 2017.

Contractor daily rate histogram for C++ Quantitative Developer in the UK

C++ Quantitative Developer
Top 3 Contract Locations

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 UK over the 3 months to 25 March 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
London +46 37 £638 +2.00% 4
England +42 37 £638 +2.00% 4
City of London +1 5 £700 -6.66% 2

C++ Quantitative Developer Skill Set
Top 30 Related IT Skills

For the 6 months to 25 March 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 featuring C++ Quantitative Developer in the job title.

1 58 (100.00%) C++
2 39 (67.24%) C#
3 29 (50.00%) Front Office
4 27 (46.55%) Fixed Income
5 25 (43.10%) Mathematics
6 23 (39.66%) Finance
7 22 (37.93%) Python
7 22 (37.93%) Computer Science
8 21 (36.21%) Derivative
9 19 (32.76%) Subversion
10 18 (31.03%) Agile Software Development
11 17 (29.31%) OOP
11 17 (29.31%) OO
12 15 (25.86%) Windows
13 14 (24.14%) PnL Attribution
14 13 (22.41%) Banking
14 13 (22.41%) Market Risk
15 12 (20.69%) SDLC
15 12 (20.69%) Linux
16 11 (18.97%) Quality Management
16 11 (18.97%) PhD
16 11 (18.97%) Migration
16 11 (18.97%) Management Information System
16 11 (18.97%) Software Testing
16 11 (18.97%) Cross-Platform Development
16 11 (18.97%) QA
16 11 (18.97%) TeamCity
17 10 (17.24%) Java
18 9 (15.52%) Risk Management
18 9 (15.52%) Foreign Exchange (FX)

C++ Quantitative Developer Skill Set
Top Related IT Skills 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 1 (1.72%) CMS
1 1 (1.72%) SAS
Applications
1 3 (5.17%) MS Excel
2 1 (1.72%) Spreadsheet
Business Applications
1 1 (1.72%) ION MarketView
Database & Business Intelligence
1 1 (1.72%) Big Data
1 1 (1.72%) MySQL
Development Applications
1 19 (32.76%) Subversion
2 11 (18.97%) TeamCity
3 6 (10.34%) JIRA
General
1 29 (50.00%) Front Office
2 23 (39.66%) Finance
3 13 (22.41%) Banking
4 9 (15.52%) Investment Banking
5 3 (5.17%) Financial Institution
6 1 (1.72%) Marketing
6 1 (1.72%) Retail
Libraries, Frameworks & Software Standards
1 4 (6.90%) XML
2 3 (5.17%) .NET
2 3 (5.17%) Boost C++ Libraries
2 3 (5.17%) STL
3 1 (1.72%) .NET Framework
3 1 (1.72%) COM
3 1 (1.72%) FIX Protocol
3 1 (1.72%) JNI
3 1 (1.72%) XSD
3 1 (1.72%) XSLT
Miscellaneous
1 27 (46.55%) Fixed Income
2 22 (37.93%) Computer Science
3 21 (36.21%) Derivative
4 13 (22.41%) Market Risk
5 11 (18.97%) Management Information System
6 9 (15.52%) Foreign Exchange (FX)
7 6 (10.34%) Analytical Skills
8 5 (8.62%) Credit Risk
9 3 (5.17%) Algorithms
9 3 (5.17%) CUDA
9 3 (5.17%) Equities
9 3 (5.17%) Grid Computing
10 2 (3.45%) OTC Derivatives
11 1 (1.72%) Credit Derivative
11 1 (1.72%) Equity Derivative
11 1 (1.72%) Interest Rate Derivative
11 1 (1.72%) Swaptions
Operating Systems
1 15 (25.86%) Windows
2 12 (20.69%) Linux
3 1 (1.72%) Windows 7
Processes & Methodologies
1 25 (43.10%) Mathematics
2 18 (31.03%) Agile Software Development
3 17 (29.31%) OO
3 17 (29.31%) OOP
4 14 (24.14%) PnL Attribution
5 12 (20.69%) SDLC
6 11 (18.97%) Cross-Platform Development
6 11 (18.97%) Migration
6 11 (18.97%) Quality Management
6 11 (18.97%) Software Testing
7 9 (15.52%) Economics
7 9 (15.52%) Risk Management
8 8 (13.79%) Physics
8 8 (13.79%) Quantitative Finance
9 7 (12.07%) Analytics
9 7 (12.07%) Continuous Integration
10 6 (10.34%) TDD
11 5 (8.62%) Monte Carlo Method
11 5 (8.62%) Stochastic Modelling
12 4 (6.90%) Electronic Trading
Programming Languages
1 58 (100.00%) C++
2 39 (67.24%) C#
3 22 (37.93%) Python
4 10 (17.24%) Java
5 4 (6.90%) MATLAB
5 4 (6.90%) VBA
6 3 (5.17%) R
7 2 (3.45%) C
7 2 (3.45%) SQL
8 1 (1.72%) Ada
8 1 (1.72%) VC++
Qualifications
1 11 (18.97%) PhD
2 7 (12.07%) Degree
Quality Assurance & Compliance
1 11 (18.97%) QA
Vendors
1 3 (5.17%) Microsoft
2 2 (3.45%) Oracle
3 1 (1.72%) ION Trading
3 1 (1.72%) Solace
3 1 (1.72%) Sophis