The 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 6 May 2015 with a comparison to the same period in 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.

Location
3 months to
6 May 2015
Same period 2014 Same period 2013
Swaptions
Rank 565 543 512
Rank change year-on-year
-22 -31
Contract jobs citing Swaptions 14 19 23
As % of all contract IT jobs located in England 0.028% 0.039% 0.055%
As % of the Miscellaneous category 0.090% 0.12% 0.17%
Number of daily rates quoted 12 13 21
Average daily rate
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£575 £525 £500
Average daily rate % change year-on-year
+9.52% +5.00%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Swaptions
UK

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

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
15637 15569 13403
As % of all contract IT jobs located in England 30.89% 31.78% 31.78%
Number of daily rates quoted 9740 9813 8201
Average daily rate £425 £413 £425
Average daily rate % change year-on-year
+3.03% -2.94%
90% offered a daily rate of more than £263 £235 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 581 619 569
Average hourly rate £18.50 £21.00 £25.00
Average hourly rate % change year-on-year
-11.90% -16.00%
90% offered a hourly rate of more than £11.50 £11.91 £12.42
10% offered a hourly rate of more than £45.00 £42.50 £45.00
UK excluding London average hourly rate £20.00 £22.50 £22.66
% change year-on-year
-11.11% -0.70%

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
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 6 May 2015. 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 -12 14 £575 +9.52%
Swaptions
UK

Swaptions
Top 30 Related IT Skills in England

For the 6 months to 6 May 2015, 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 15 (57.69%) C#
1 15 (57.69%) Front Office
2 12 (46.15%) VBA
3 11 (42.31%) Finance
3 11 (42.31%) Derivative
4 10 (38.46%) Banking
5 9 (34.62%) .NET
5 9 (34.62%) Fixed Income
6 7 (26.92%) Calypso
6 7 (26.92%) TDD
6 7 (26.92%) Investment Banking
6 7 (26.92%) Equity Derivative
7 6 (23.08%) EMIR
8 5 (19.23%) Dodd-Frank
8 5 (19.23%) Workflow
8 5 (19.23%) Murex
8 5 (19.23%) Contract for Difference
8 5 (19.23%) Management Information System
9 4 (15.38%) Front Arena
9 4 (15.38%) WPF
9 4 (15.38%) Release Management
9 4 (15.38%) Hedge funds
9 4 (15.38%) Python
9 4 (15.38%) SQL
9 4 (15.38%) SunGard
9 4 (15.38%) Foreign Exchange (FX)
10 2 (7.69%) WCF
10 2 (7.69%) Waterfall
10 2 (7.69%) Agile Software Development
10 2 (7.69%) Sophis

Swaptions
Top Related IT Skills in England by Category

For the 6 months to 6 May 2015, 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 4 (15.38%) Front Arena
2 1 (3.85%) Summit
General
1 15 (57.69%) Front Office
2 11 (42.31%) Finance
3 10 (38.46%) Banking
4 7 (26.92%) Investment Banking
Job Titles
1 12 (46.15%) Developer
2 10 (38.46%) Analyst
3 9 (34.62%) Business Analyst
4 6 (23.08%) C# Developer
5 4 (15.38%) Applications Support
6 3 (11.54%) Tools Developer
6 3 (11.54%) Senior Developer
7 2 (7.69%) Business Systems Analyst
7 2 (7.69%) Systems Analyst
8 1 (3.85%) Support Analyst
8 1 (3.85%) Support Engineer
8 1 (3.85%) Tester
8 1 (3.85%) Senior Analyst
8 1 (3.85%) .NET Developer
8 1 (3.85%) Applications Support Analyst
8 1 (3.85%) Technical Analyst
8 1 (3.85%) Senior Support Analyst
8 1 (3.85%) Applications Support Engineer
8 1 (3.85%) QA Tester
8 1 (3.85%) Sophis Developer
Libraries, Frameworks & Software Standards
1 9 (34.62%) .NET
2 4 (15.38%) WPF
3 2 (7.69%) WinForms
3 2 (7.69%) WCF
4 1 (3.85%) XML
4 1 (3.85%) FpML
Miscellaneous
1 11 (42.31%) Derivative
2 9 (34.62%) Fixed Income
3 7 (26.92%) Equity Derivative
4 5 (19.23%) Management Information System
4 5 (19.23%) Contract for Difference
5 4 (15.38%) Hedge funds
5 4 (15.38%) Foreign Exchange (FX)
6 1 (3.85%) Credit Derivative
6 1 (3.85%) DTCC
6 1 (3.85%) Interest Rate Derivative
6 1 (3.85%) Mathematics
6 1 (3.85%) Computer Science
6 1 (3.85%) Credit Risk
Processes & Methodologies
1 7 (26.92%) TDD
2 5 (19.23%) Workflow
3 4 (15.38%) Release Management
4 2 (7.69%) Waterfall
4 2 (7.69%) Agile Software Development
4 2 (7.69%) UML
5 1 (3.85%) RAD
5 1 (3.85%) RUP
5 1 (3.85%) GAP Analysis
5 1 (3.85%) Business Analysis
5 1 (3.85%) User Acceptance Testing
5 1 (3.85%) Stress Testing
5 1 (3.85%) Manual Testing
Programming Languages
1 15 (57.69%) C#
2 12 (46.15%) VBA
3 4 (15.38%) Python
3 4 (15.38%) SQL
Qualifications
1 1 (3.85%) Degree
Quality Assurance & Compliance
1 6 (23.08%) EMIR
2 5 (19.23%) Dodd-Frank
3 1 (3.85%) QA
Systems Management
1 1 (3.85%) HP Quality Center
Vendors
1 7 (26.92%) Calypso
2 5 (19.23%) Murex
3 4 (15.38%) SunGard
4 2 (7.69%) Sophis