Period
to 17 October 2019

The median annual salary for a Quantitative Programmer was £125,000 in advertised job vacancies during the 6 months to 17 October 2019.

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

Quant Programmer
UK
6 months to
17 Oct 2019
Same period 2018 Same period 2017
Rank 1066 1169 1200
Rank change year-on-year +103 +31 +57
Permanent jobs requiring a Quantitative Programmer 4 2 1
As % of all permanent IT jobs advertised in the UK 0.003% 0.001% 0.001%
As % of the Job Titles category 0.003% 0.001% 0.001%
Number of salaries quoted 4 2 1
UK median annual salary £125,000 £112,500 £72,500
Median salary % change year-on-year +11.11% +55.17% -30.95%
10th Percentile £110,500 £106,250 £68,750
90th Percentile £149,125 £118,750 £76,250
UK excluding London median annual salary - - -

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. 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 permanent jobs in our overall sample.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 131,250 157,771 168,081
% of permanent IT jobs with a recognized job title 95.66% 95.93% 95.98%
Number of salaries quoted 104,620 127,104 134,629
UK median annual salary £50,000 £50,000 £48,000
Median salary % change year-on-year - +4.17% +1.05%
10th Percentile £28,000 £27,500 £27,500
90th Percentile £85,000 £82,500 £78,750
UK excluding London median annual salary £45,000 £45,000 £42,500
% change year-on-year - +5.88% -

Quantitative Programmer
Job Vacancy Trend

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

Job vacancy trend for Quantitative Programmer in the UK

Quantitative Programmer
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Quantitative Programmer.

Salary trend for Quantitative Programmer in the UK

Quantitative Programmer
Salary Histogram

The salary distribution of IT jobs citing Quantitative Programmer over the 6 months to 17 October 2019.

Salary histogram for Quantitative Programmer in the UK

Quantitative Programmer
Top 2 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Programmer within the UK over the 6 months to 17 October 2019. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +116 4 £125,000 +11.11%
London +89 4 £125,000 +11.11%

Quantitative Programmer Skill Set
Top 24 Co-occurring IT Skills

For the 6 months to 17 October 2019, Quantitative Programmer job roles required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Quantitative Programmer in the job title.

1 4 (100.00%) Front Office
1 4 (100.00%) Banking
1 4 (100.00%) Multithreading
2 3 (75.00%) C++
3 2 (50.00%) Python
3 2 (50.00%) Credit Derivative
3 2 (50.00%) Investment Banking
3 2 (50.00%) Derivative
3 2 (50.00%) Algorithmic Trading
3 2 (50.00%) KDB
3 2 (50.00%) Quantitative Trading
3 2 (50.00%) Multithreaded Programming
3 2 (50.00%) Low Latency
4 1 (25.00%) Ultra-Low Latency
4 1 (25.00%) Multicast
4 1 (25.00%) Solace
4 1 (25.00%) Java 8
4 1 (25.00%) Analytics
4 1 (25.00%) TIBCO
4 1 (25.00%) Java
4 1 (25.00%) Risk Management
4 1 (25.00%) Finance
4 1 (25.00%) Fixed Income
4 1 (25.00%) Equities

Quantitative Programmer 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:

Communications & Networking
1 1 (25.00%) Multicast
Database & Business Intelligence
1 2 (50.00%) KDB
General
1 4 (100.00%) Banking
1 4 (100.00%) Front Office
2 2 (50.00%) Investment Banking
3 1 (25.00%) Finance
Miscellaneous
1 2 (50.00%) Credit Derivative
1 2 (50.00%) Derivative
2 1 (25.00%) Equities
2 1 (25.00%) Fixed Income
Processes & Methodologies
1 4 (100.00%) Multithreading
2 2 (50.00%) Algorithmic Trading
2 2 (50.00%) Low Latency
2 2 (50.00%) Multithreaded Programming
2 2 (50.00%) Quantitative Trading
3 1 (25.00%) Analytics
3 1 (25.00%) Risk Management
3 1 (25.00%) Ultra-Low Latency
Programming Languages
1 3 (75.00%) C++
2 2 (50.00%) Python
3 1 (25.00%) Java
3 1 (25.00%) Java 8
Vendors
1 1 (25.00%) Solace
1 1 (25.00%) TIBCO