The table below looks at the prevalence of the term Swaptions in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Swaptions over the 3 months to 25 June 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
25 Jun 2016
Same period 2015 Same period 2014
Swaptions
Rank - 196 197
Contract jobs citing Swaptions 0 2 9
As % of all contract IT jobs located in the City of London - 0.034% 0.15%
As % of the Miscellaneous category - 0.091% 0.40%
Number of daily rates quoted 0 2 8
Median daily rate - £625 £550
Median daily rate % change year-on-year
- +13.63%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Swaptions
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1305 2198 2275
As % of all contract IT jobs located in the City of London 39.28% 37.76% 37.97%
Number of daily rates quoted 1076 1736 1697
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £288 £285
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 17 41 28
Median hourly rate £17.50 £21.75 £20.75
Median hourly rate % change year-on-year
-19.54% +4.81%
90% offered a hourly rate of more than £12.50 £14.70 £13.55
10% offered a hourly rate of more than £53.00 £52.20 £34.50
UK excluding London median hourly rate £22.50 £18.50 £21.00
% change year-on-year
+21.62% -11.90%

Swaptions
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Swaptions as a proportion of all IT contracts with a match in the Miscellaneous category.

Swaptions Jobs Demand Trend in the City of London

Swaptions
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Swaptions across the City of London region.

Swaptions Daily Rate Trend in the City of London
City, London
TEKsystems
Rate: £475 - £550 per day
Posted: 5 days ago