The median contractor rate for a C++ Quantitative Developer was £625 per day in advertised job vacancies during the 3 months to 28 June 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
UK
3 months to
28 Jun 2017
Same period 2016 Same period 2015
Rank 586 644 637
Rank change year-on-year +58 -7  
Contract jobs requiring a C++ Quantitative Developer 24 7 8
As % of all contract IT jobs advertised in the UK 0.051% 0.013% 0.015%
As % of the Job Titles category 0.054% 0.014% 0.015%
Number of daily rates quoted 23 5 7
Median daily rate £625 £675 £650
Median daily rate % change year-on-year -7.40% +3.84%  
90% offered a daily rate of more than £525 £578 £475
10% offered a daily rate of more than £743 £740 £755
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 44648 51085 52304
As % of all contract IT job vacancies advertised in the UK 94.78% 94.85% 94.84%
Number of daily rates quoted 98420 117801 120925
Median daily rate £438 £425 £400
Median daily rate % change year-on-year +2.94% +6.25%  
90% offered a daily rate of more than £263 £250 £225
10% offered a daily rate of more than £625 £600 £588
UK excluding London median daily rate £400 £399 £365
% change year-on-year +0.25% +9.31%  
Number of hourly rates quoted 4481 5171 7481
Median hourly rate £18.69 £17.50 £16.50
Median hourly rate % change year-on-year +6.80% +6.06%  
90% offered a hourly rate of more than £11.00 £10.50 £10.50
10% offered a hourly rate of more than £48.75 £45.00 £41.50
UK excluding London median hourly rate £17.50 £17.50 £16.00
% change year-on-year - +9.37%  

C++ Quantitative Developer
Job Vacancy Trend

Job postings that featured C++ Quantitative Developer in the job title as a percentage of all IT jobs advertised.

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 28 June 2017.

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

C++ Quantitative Developer
Top 2 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 28 June 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
England +54 24 £625 -7.40% 2
London +28 23 £625 -7.40% 2

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

For the 6 months to 28 June 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 30 (51.72%) Python
4 27 (46.55%) Fixed Income
5 24 (41.38%) Front Office
5 24 (41.38%) Mathematics
6 23 (39.66%) Agile Software Development
6 23 (39.66%) Windows
7 22 (37.93%) Computer Science
8 20 (34.48%) Quantitative Research
8 20 (34.48%) Derivative
9 19 (32.76%) Finance
10 16 (27.59%) PhD
11 14 (24.14%) Subversion
11 14 (24.14%) Microsoft Excel
11 14 (24.14%) XML
11 14 (24.14%) Analytical Skills
12 13 (22.41%) Credit Risk
12 13 (22.41%) Boost C++ Libraries
12 13 (22.41%) STL
12 13 (22.41%) Microsoft
12 13 (22.41%) Foreign Exchange (FX)
13 12 (20.69%) .NET
13 12 (20.69%) Banking
13 12 (20.69%) Market Risk
13 12 (20.69%) Analytics
14 11 (18.97%) Risk Analytics
14 11 (18.97%) SDLC
14 11 (18.97%) Interest Rate Derivative
14 11 (18.97%) Swaptions

C++ Quantitative Developer Skill Set
Co-occurring 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 11 (18.97%) CMS
Applications
1 14 (24.14%) Microsoft Excel
2 9 (15.52%) Spreadsheet
Business Applications
1 1 (1.72%) ION MarketView
Communications & Networking
1 1 (1.72%) FIX Connectivity
Database & Business Intelligence
1 2 (3.45%) Big Data
2 1 (1.72%) KDB
Development Applications
1 14 (24.14%) Subversion
2 10 (17.24%) TeamCity
3 4 (6.90%) JIRA
General
1 24 (41.38%) Front Office
2 19 (32.76%) Finance
3 12 (20.69%) Banking
4 10 (17.24%) Investment Banking
5 1 (1.72%) French Language
5 1 (1.72%) Marketing
5 1 (1.72%) Retail
Libraries, Frameworks & Software Standards
1 14 (24.14%) XML
2 13 (22.41%) Boost C++ Libraries
2 13 (22.41%) STL
3 12 (20.69%) .NET
4 3 (5.17%) JNI
5 2 (3.45%) FIX Protocol
6 1 (1.72%) COM
6 1 (1.72%) XSD
6 1 (1.72%) XSLT
Miscellaneous
1 27 (46.55%) Fixed Income
2 22 (37.93%) Computer Science
3 20 (34.48%) Derivative
4 14 (24.14%) Analytical Skills
5 13 (22.41%) Credit Risk
5 13 (22.41%) Foreign Exchange (FX)
6 12 (20.69%) Market Risk
7 11 (18.97%) Interest Rate Derivative
7 11 (18.97%) Swaptions
8 10 (17.24%) Management Information System
9 4 (6.90%) CUDA
10 3 (5.17%) Algorithms
10 3 (5.17%) Equities
11 2 (3.45%) Grid Computing
12 1 (1.72%) Credit Derivative
12 1 (1.72%) Greenfield Project
12 1 (1.72%) OTC Derivatives
Operating Systems
1 23 (39.66%) Windows
2 10 (17.24%) Linux
3 3 (5.17%) Windows 7
Processes & Methodologies
1 24 (41.38%) Mathematics
2 23 (39.66%) Agile Software Development
3 20 (34.48%) Quantitative Research
4 12 (20.69%) Analytics
5 11 (18.97%) Migration
5 11 (18.97%) Risk Analytics
5 11 (18.97%) SDLC
6 10 (17.24%) Cross-Platform Development
6 10 (17.24%) OO
6 10 (17.24%) OOP
6 10 (17.24%) Physics
6 10 (17.24%) Quality Management
6 10 (17.24%) Software Testing
7 8 (13.79%) Economics
7 8 (13.79%) PnL Attribution
8 7 (12.07%) Monte Carlo Method
8 7 (12.07%) Validation
9 5 (8.62%) Risk Management
9 5 (8.62%) TDD
10 3 (5.17%) Electronic Trading
Programming Languages
1 58 (100.00%) C++
2 39 (67.24%) C#
3 30 (51.72%) Python
4 7 (12.07%) Java
5 4 (6.90%) VBA
6 1 (1.72%) C
6 1 (1.72%) MATLAB
6 1 (1.72%) SQL
6 1 (1.72%) VC++
Qualifications
1 16 (27.59%) PhD
2 5 (8.62%) Degree
3 3 (5.17%) Numerate Degree
Quality Assurance & Compliance
1 10 (17.24%) QA
Vendors
1 13 (22.41%) Microsoft
2 1 (1.72%) ION Trading
2 1 (1.72%) Oracle
2 1 (1.72%) Solace