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 30 October 2014 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
30 Oct 2014
Same period 2013 Same period 2012
Swaptions
Rank 571 538 546
Rank change year-on-year
-33 +8
Contract jobs citing Swaptions 8 9 13
As % of all contract IT jobs located in England 0.015% 0.019% 0.026%
As % of the Miscellaneous category 0.049% 0.059% 0.085%
Number of daily rates quoted 4 9 13
Average daily rate
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£548 £600 £558
Average daily rate % change year-on-year
-8.75% +7.52%
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
16484 15193 15300
As % of all contract IT jobs located in England 31.06% 32.14% 30.97%
Number of daily rates quoted 10509 9708 9150
Average daily rate £415 £415 £425
Average daily rate % change year-on-year
- -2.35%
90% offered a daily rate of more than £240 £245 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £355 £350 £350
% change year-on-year
+1.42% -
Number of hourly rates quoted 683 629 740
Average hourly rate £17.00 £19.00 £21.50
Average hourly rate % change year-on-year
-10.52% -11.62%
90% offered a hourly rate of more than £11.35 £12.00 £12.00
10% offered a hourly rate of more than £42.50 £40.51 £45.00
UK excluding London average hourly rate £17.00 £18.00 £21.00
% change year-on-year
-5.55% -14.28%

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 October 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 October 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 -1 8 £548 -8.75% 2
Swaptions
UK

Swaptions
Top 30 Related IT Skills in England

For the 6 months to 30 October 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 7 (43.75%) Banking
1 7 (43.75%) Derivative
2 6 (37.50%) Foreign Exchange (FX)
3 5 (31.25%) Interest Rate Derivative
4 4 (25.00%) Investment Banking
4 4 (25.00%) Finance
4 4 (25.00%) Agile Software Development
5 3 (18.75%) Calypso
5 3 (18.75%) SQL
5 3 (18.75%) Analytical Skills
5 3 (18.75%) Retail
6 2 (12.50%) Summit
6 2 (12.50%) Credit Risk
6 2 (12.50%) Analytics
6 2 (12.50%) Waterfall
6 2 (12.50%) .NET
6 2 (12.50%) OO
6 2 (12.50%) SQL Server
6 2 (12.50%) Murex
6 2 (12.50%) Back Office
6 2 (12.50%) Migration
6 2 (12.50%) Stakeholder Management
6 2 (12.50%) Fixed Income
7 1 (6.25%) WinForms
7 1 (6.25%) CMS
7 1 (6.25%) Legal
7 1 (6.25%) Validation
7 1 (6.25%) Front Office
7 1 (6.25%) Misys
7 1 (6.25%) Sybase

Swaptions
Top Related IT Skills in England by Category

For the 6 months to 30 October 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.

Application Platforms
1 1 (6.25%) CMS
Business Applications
1 2 (12.50%) Summit
2 1 (6.25%) Endur
2 1 (6.25%) Markit EDM
Database & Business Intelligence
1 2 (12.50%) SQL Server
2 1 (6.25%) RDBMS
2 1 (6.25%) Relational Database
Development Applications
1 1 (6.25%) Git (software)
1 1 (6.25%) Subversion
General
1 7 (43.75%) Banking
2 4 (25.00%) Investment Banking
2 4 (25.00%) Finance
3 3 (18.75%) Retail
4 2 (12.50%) Back Office
5 1 (6.25%) Legal
5 1 (6.25%) Front Office
5 1 (6.25%) Retail Banking
Job Titles
1 4 (25.00%) Test Leader
1 4 (25.00%) Analyst
2 3 (18.75%) Project Manager
2 3 (18.75%) Business Analyst
3 2 (12.50%) Developer
4 1 (6.25%) Manual Tester
4 1 (6.25%) Senior Project Manager
4 1 (6.25%) C# Developer
4 1 (6.25%) Tester
4 1 (6.25%) Consultant
4 1 (6.25%) Senior Manager
4 1 (6.25%) Credit Risk Analyst
4 1 (6.25%) Operations Analyst
4 1 (6.25%) Credit Analyst
4 1 (6.25%) Credit Risk Business Analyst
4 1 (6.25%) Risk Analyst
Libraries, Frameworks & Software Standards
1 2 (12.50%) .NET
2 1 (6.25%) WinForms
Miscellaneous
1 7 (43.75%) Derivative
2 6 (37.50%) Foreign Exchange (FX)
3 5 (31.25%) Interest Rate Derivative
4 3 (18.75%) Analytical Skills
5 2 (12.50%) Credit Risk
5 2 (12.50%) Fixed Income
6 1 (6.25%) DTCC
6 1 (6.25%) Data Structures
6 1 (6.25%) Market Risk
6 1 (6.25%) Credit Derivative
Processes & Methodologies
1 4 (25.00%) Agile Software Development
2 2 (12.50%) Analytics
2 2 (12.50%) Waterfall
2 2 (12.50%) OO
2 2 (12.50%) Migration
2 2 (12.50%) Stakeholder Management
3 1 (6.25%) Validation
3 1 (6.25%) Data Modelling
3 1 (6.25%) Business Transformation
3 1 (6.25%) Enterprise Data Management
3 1 (6.25%) Quantitative Risk Management
3 1 (6.25%) Business Analysis
3 1 (6.25%) Multithreading
3 1 (6.25%) Manual Testing
3 1 (6.25%) Investment Management
3 1 (6.25%) Data Migration
3 1 (6.25%) Monte Carlo Method
3 1 (6.25%) Fund Accounting
3 1 (6.25%) Asset Management
3 1 (6.25%) Data Management
Programming Languages
1 3 (18.75%) SQL
2 1 (6.25%) C#
2 1 (6.25%) Python
2 1 (6.25%) VBA
Quality Assurance & Compliance
1 1 (6.25%) SLA
1 1 (6.25%) QA
1 1 (6.25%) EMIR
Systems Management
1 1 (6.25%) HP Quality Center
Vendors
1 3 (18.75%) Calypso
2 2 (12.50%) Murex
3 1 (6.25%) Misys
3 1 (6.25%) Sybase
3 1 (6.25%) Oracle
3 1 (6.25%) Syncfusion
3 1 (6.25%) DevExpress