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 27 February 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
27 Feb 2015
Same period 2014 Same period 2013
Swaptions
Rank 546 534 494
Rank change year-on-year
-12 -40
Contract jobs citing Swaptions 18 12 20
As % of all contract IT jobs located in England 0.038% 0.026% 0.049%
As % of the Miscellaneous category 0.12% 0.083% 0.16%
Number of daily rates quoted 14 7 16
Average daily rate
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£625 £550 £513
Average daily rate % change year-on-year
+13.63% +7.31%
90% offered a daily rate of more than £550 £348 £488
10% offered a daily rate of more than £650 £735 £600
UK excluding London average daily rate - - £463
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
14483 14382 12725
As % of all contract IT jobs located in England 30.41% 31.44% 31.25%
Number of daily rates quoted 9042 8892 7779
Average daily rate £425 £410 £425
Average daily rate % change year-on-year
+3.65% -3.52%
90% offered a daily rate of more than £250 £230 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £335
% change year-on-year
+7.14% +4.47%
Number of hourly rates quoted 551 589 719
Average hourly rate £19.00 £21.00 £20.25
Average hourly rate % change year-on-year
-9.52% +3.70%
90% offered a hourly rate of more than £11.50 £12.00 £11.50
10% offered a hourly rate of more than £44.80 £42.50 £40.00
UK excluding London average hourly rate £18.50 £18.50 £20.00
% change year-on-year
- -7.50%

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 27 February 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 -8 18 £625 +13.63%
Swaptions
UK

Swaptions
Top 30 Related IT Skills in England

For the 6 months to 27 February 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 14 (56.00%) C#
2 13 (52.00%) Front Office
3 11 (44.00%) VBA
3 11 (44.00%) .NET
4 10 (40.00%) Banking
5 9 (36.00%) Derivative
5 9 (36.00%) Finance
6 7 (28.00%) Fixed Income
6 7 (28.00%) Investment Banking
6 7 (28.00%) TDD
7 6 (24.00%) Murex
7 6 (24.00%) Calypso
8 5 (20.00%) EMIR
9 4 (16.00%) Foreign Exchange (FX)
9 4 (16.00%) SQL
10 3 (12.00%) Python
10 3 (12.00%) SunGard
10 3 (12.00%) Management Information System
10 3 (12.00%) Workflow
10 3 (12.00%) Front Arena
10 3 (12.00%) WinForms
10 3 (12.00%) Summit
10 3 (12.00%) Equity Derivative
10 3 (12.00%) Release Management
10 3 (12.00%) Dodd-Frank
10 3 (12.00%) Contract for Difference
10 3 (12.00%) WPF
10 3 (12.00%) Hedge funds
11 2 (8.00%) DTCC
11 2 (8.00%) Agile Software Development

Swaptions
Top Related IT Skills in England by Category

For the 6 months to 27 February 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.

Application Platforms
1 1 (4.00%) CMS
Business Applications
1 3 (12.00%) Summit
1 3 (12.00%) Front Arena
Database & Business Intelligence
1 1 (4.00%) SQL Server
Development Applications
1 1 (4.00%) Subversion
1 1 (4.00%) Git (software)
General
1 13 (52.00%) Front Office
2 10 (40.00%) Banking
3 9 (36.00%) Finance
4 7 (28.00%) Investment Banking
5 2 (8.00%) Back Office
6 1 (4.00%) Legal
Job Titles
1 12 (48.00%) Developer
2 7 (28.00%) Analyst
3 6 (24.00%) C# Developer
4 5 (20.00%) Business Analyst
5 3 (12.00%) Applications Support
5 3 (12.00%) Senior Developer
5 3 (12.00%) Project Manager
5 3 (12.00%) Tools Developer
6 1 (4.00%) Support Analyst
6 1 (4.00%) Senior Analyst
6 1 (4.00%) Manual Tester
6 1 (4.00%) Senior Project Manager
6 1 (4.00%) .NET Developer
6 1 (4.00%) Tester
6 1 (4.00%) Senior Manager
6 1 (4.00%) Applications Support Analyst
6 1 (4.00%) Senior Support Analyst
6 1 (4.00%) Operations Analyst
6 1 (4.00%) Sophis Developer
6 1 (4.00%) Front Arena Support
Libraries, Frameworks & Software Standards
1 11 (44.00%) .NET
2 3 (12.00%) WinForms
2 3 (12.00%) WPF
3 1 (4.00%) WCF
3 1 (4.00%) XML
3 1 (4.00%) FpML
Miscellaneous
1 9 (36.00%) Derivative
2 7 (28.00%) Fixed Income
3 4 (16.00%) Foreign Exchange (FX)
4 3 (12.00%) Management Information System
4 3 (12.00%) Equity Derivative
4 3 (12.00%) Contract for Difference
4 3 (12.00%) Hedge funds
5 2 (8.00%) DTCC
6 1 (4.00%) Interest Rate Derivative
6 1 (4.00%) Credit Derivative
6 1 (4.00%) Analytical Skills
6 1 (4.00%) Data Structures
6 1 (4.00%) Mathematics
6 1 (4.00%) Computer Science
6 1 (4.00%) Credit Risk
Processes & Methodologies
1 7 (28.00%) TDD
2 3 (12.00%) Workflow
2 3 (12.00%) Release Management
3 2 (8.00%) Stakeholder Management
3 2 (8.00%) Agile Software Development
4 1 (4.00%) OO
4 1 (4.00%) RAD
4 1 (4.00%) Stress Testing
4 1 (4.00%) Multithreading
4 1 (4.00%) Manual Testing
4 1 (4.00%) Investment Management
4 1 (4.00%) Business Analysis
Programming Languages
1 14 (56.00%) C#
2 11 (44.00%) VBA
3 4 (16.00%) SQL
4 3 (12.00%) Python
Qualifications
1 1 (4.00%) Degree
Quality Assurance & Compliance
1 5 (20.00%) EMIR
2 3 (12.00%) Dodd-Frank
3 1 (4.00%) SLA
3 1 (4.00%) QA
Vendors
1 6 (24.00%) Calypso
1 6 (24.00%) Murex
2 3 (12.00%) SunGard
3 1 (4.00%) Sophis
3 1 (4.00%) Syncfusion
3 1 (4.00%) DevExpress
3 1 (4.00%) Misys