The first table below looks at the prevalence of the term Swaptions in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited Swaptions over the 3 months to 30 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the England region.

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.

Location
3 months to
30 Jul 2014
Same period 2013 Same period 2012
Swaptions
Rank 566 523 536
Rank change year-on-year
-43 +13
Contract jobs citing Swaptions 8 21 23
As % of all contract IT jobs located in England 0.016% 0.045% 0.043%
As % of the Miscellaneous category 0.063% 0.17% 0.17%
Number of daily rates quoted 7 20 23
Average daily rate
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£350 £563 £558
Average daily rate % change year-on-year
-37.77% +0.80%
90% offered a daily rate of more than £315 £500 £550
10% offered a daily rate of more than £610 £678 £620
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
12737 12464 13337
As % of all contract IT jobs located in England 25.81% 26.75% 25.20%
Number of daily rates quoted 7787 7696 7816
Average daily rate £425 £425 £425
90% offered a daily rate of more than £240 £238 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £338
% change year-on-year
- +3.70%
Number of hourly rates quoted 521 544 718
Average hourly rate £20.00 £22.50 £25.00
Average hourly rate % change year-on-year
-11.11% -10.00%
90% offered a hourly rate of more than £12.50 £12.50 £11.98
10% offered a hourly rate of more than £42.50 £42.50 £45.00
UK excluding London average hourly rate £20.75 £21.00 £25.73
% change year-on-year
-1.19% -18.38%
Swaptions
UK

Swaptions
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing Swaptions across the England region as a proportion of the total demand within the Miscellaneous category.

Swaptions Jobs Demand Trend in England

Swaptions
Daily Rate Trend in England

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

Swaptions Daily Rate Trend in England

Swaptions
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Swaptions across the England region over the 3 months to 30 July 2014.

Swaptions Daily Rate Histogram in England

Swaptions
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Swaptions within the England region over the 3 months to 30 July 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +2 8 £350 -37.77%
Swaptions
UK

Swaptions
Top 30 Related IT Skills in England

For the 6 months to 30 July 2014, IT contractor jobs across the England region citing Swaptions also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Swaptions.

1 13 (50.00%) Banking
2 12 (46.15%) SQL
3 11 (42.31%) Investment Banking
4 10 (38.46%) Waterfall
5 9 (34.62%) Derivative
5 9 (34.62%) Agile Software Development
5 9 (34.62%) Analytics
6 7 (26.92%) Finance
7 6 (23.08%) Front Office
8 5 (19.23%) Fixed Income
8 5 (19.23%) Asset Management
8 5 (19.23%) Interest Rate Derivative
9 4 (15.38%) Software Testing
9 4 (15.38%) Test Scripting
9 4 (15.38%) Oracle
9 4 (15.38%) Foreign Exchange (FX)
10 3 (11.54%) Retail
10 3 (11.54%) Validation
11 2 (7.69%) SunGard
11 2 (7.69%) Front Arena
11 2 (7.69%) thinkFolio
11 2 (7.69%) User Acceptance Testing
11 2 (7.69%) Monte Carlo Method
11 2 (7.69%) Data Modelling
11 2 (7.69%) ETL
11 2 (7.69%) VBA
11 2 (7.69%) C++
11 2 (7.69%) Quantitative Risk Management
12 1 (3.85%) Relational Database
12 1 (3.85%) Java

Swaptions
Top Related IT Skills in England by Category

For the 6 months to 30 July 2014, IT contractor jobs across the England region citing Swaptions also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Swaptions. Up to 20 skills are shown per category.

Business Applications
1 2 (7.69%) Front Arena
2 1 (3.85%) Endur
2 1 (3.85%) Summit
2 1 (3.85%) Markit EDM
Database & Business Intelligence
1 1 (3.85%) Relational Database
1 1 (3.85%) SQL Server
1 1 (3.85%) RDBMS
General
1 13 (50.00%) Banking
2 11 (42.31%) Investment Banking
3 7 (26.92%) Finance
4 6 (23.08%) Front Office
5 3 (11.54%) Retail
6 1 (3.85%) Financial Institution
6 1 (3.85%) Back Office
6 1 (3.85%) French Language
6 1 (3.85%) Retail Banking
Job Titles
1 17 (65.38%) Analyst
2 12 (46.15%) Business Analyst
3 4 (15.38%) Test Leader
3 4 (15.38%) Test Analyst
4 3 (11.54%) Developer
5 2 (7.69%) Investment Banking Business Analyst
6 1 (3.85%) Project Manager
6 1 (3.85%) Data Analyst
6 1 (3.85%) C++ Developer
6 1 (3.85%) Analyst Developer
6 1 (3.85%) Summit Developer
6 1 (3.85%) Credit Analyst
6 1 (3.85%) Credit Risk Business Analyst
6 1 (3.85%) Risk Analyst
6 1 (3.85%) Business Project Manager
6 1 (3.85%) Lead Business Analyst
6 1 (3.85%) Business Data Analyst
6 1 (3.85%) Banking Business Analyst
6 1 (3.85%) Credit Risk Analyst
6 1 (3.85%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 1 (3.85%) OLE
Miscellaneous
1 9 (34.62%) Derivative
2 5 (19.23%) Fixed Income
2 5 (19.23%) Interest Rate Derivative
3 4 (15.38%) Foreign Exchange (FX)
4 1 (3.85%) Credit Risk
Operating Systems
1 1 (3.85%) Linux
Processes & Methodologies
1 10 (38.46%) Waterfall
2 9 (34.62%) Agile Software Development
2 9 (34.62%) Analytics
3 5 (19.23%) Asset Management
4 4 (15.38%) Software Testing
4 4 (15.38%) Test Scripting
5 3 (11.54%) Validation
6 2 (7.69%) User Acceptance Testing
6 2 (7.69%) Monte Carlo Method
6 2 (7.69%) Data Modelling
6 2 (7.69%) ETL
6 2 (7.69%) Quantitative Risk Management
7 1 (3.85%) OO
7 1 (3.85%) Fund Accounting
7 1 (3.85%) Business Transformation
7 1 (3.85%) Data Analysis
7 1 (3.85%) Business Analysis
7 1 (3.85%) Migration
Programming Languages
1 12 (46.15%) SQL
2 2 (7.69%) VBA
2 2 (7.69%) C++
3 1 (3.85%) Java
3 1 (3.85%) Perl
3 1 (3.85%) PL/SQL
3 1 (3.85%) C#
3 1 (3.85%) VB
3 1 (3.85%) Python
3 1 (3.85%) R
Qualifications
1 1 (3.85%) Degree
Systems Management
1 1 (3.85%) HP Quality Center
Vendors
1 4 (15.38%) Oracle
2 2 (7.69%) SunGard
2 2 (7.69%) thinkFolio
3 1 (3.85%) OpenLink
3 1 (3.85%) Sybase