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 18 September 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
18 Sep 2014
Same period 2013 Same period 2012
Swaptions
Rank 586 542 555
Rank change year-on-year
-44 +13
Contract jobs citing Swaptions 2 16 19
As % of all contract IT jobs located in England 0.004% 0.034% 0.036%
As % of the Miscellaneous category 0.012% 0.11% 0.12%
Number of daily rates quoted 1 15 19
Average daily rate
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£550 £625 £558
Average daily rate % change year-on-year
-12.00% +12.00%
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
16162 14993 16176
As % of all contract IT jobs located in England 30.97% 31.55% 30.58%
Number of daily rates quoted 9953 9408 9544
Average daily rate £413 £418 £413
Average daily rate % change year-on-year
-1.19% +1.21%
90% offered a daily rate of more than £240 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £345
% change year-on-year
- +1.44%
Number of hourly rates quoted 679 606 799
Average hourly rate £18.54 £18.95 £25.00
Average hourly rate % change year-on-year
-2.15% -24.20%
90% offered a hourly rate of more than £12.00 £12.42 £12.00
10% offered a hourly rate of more than £40.00 £42.50 £45.00
UK excluding London average hourly rate £18.90 £17.50 £26.00
% change year-on-year
+8.00% -32.69%

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 18 September 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 -18 2 £550 -12.00%
Swaptions
UK

Swaptions
Top 30 Related IT Skills in England

For the 6 months to 18 September 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 14 (60.87%) Banking
2 11 (47.83%) SQL
2 11 (47.83%) Investment Banking
3 10 (43.48%) Waterfall
3 10 (43.48%) Analytical Skills
3 10 (43.48%) Agile Software Development
4 9 (39.13%) Analytics
5 7 (30.43%) Derivative
6 6 (26.09%) Finance
7 5 (21.74%) Front Office
7 5 (21.74%) Interest Rate Derivative
8 4 (17.39%) Asset Management
8 4 (17.39%) Fixed Income
8 4 (17.39%) Oracle
8 4 (17.39%) Foreign Exchange (FX)
9 3 (13.04%) Data Modelling
9 3 (13.04%) Migration
9 3 (13.04%) Retail
10 2 (8.70%) Regression Testing
10 2 (8.70%) Validation
10 2 (8.70%) ETL
10 2 (8.70%) RDBMS
10 2 (8.70%) Endur
10 2 (8.70%) SQL Server
10 2 (8.70%) Sybase
10 2 (8.70%) VBA
10 2 (8.70%) Software Testing
10 2 (8.70%) Credit Risk
10 2 (8.70%) Fund Accounting
10 2 (8.70%) Markit EDM

Swaptions
Top Related IT Skills in England by Category

For the 6 months to 18 September 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 (8.70%) Endur
1 2 (8.70%) Markit EDM
Database & Business Intelligence
1 2 (8.70%) SQL Server
1 2 (8.70%) RDBMS
1 2 (8.70%) Relational Database
General
1 14 (60.87%) Banking
2 11 (47.83%) Investment Banking
3 6 (26.09%) Finance
4 5 (21.74%) Front Office
5 3 (13.04%) Retail
6 1 (4.35%) Retail Banking
Job Titles
1 15 (65.22%) Analyst
2 13 (56.52%) Business Analyst
3 4 (17.39%) Test Leader
4 2 (8.70%) Investment Banking Business Analyst
4 2 (8.70%) Test Analyst
5 1 (4.35%) Consultant
5 1 (4.35%) Data Analyst
5 1 (4.35%) Credit Analyst
5 1 (4.35%) Credit Risk Business Analyst
5 1 (4.35%) Risk Analyst
5 1 (4.35%) Business Project Manager
5 1 (4.35%) Technical Business Analyst
5 1 (4.35%) Business Manager
5 1 (4.35%) Banking Business Analyst
5 1 (4.35%) Credit Risk Analyst
5 1 (4.35%) Lead Business Analyst
5 1 (4.35%) Business Data Analyst
5 1 (4.35%) Developer
5 1 (4.35%) Project Manager
Libraries, Frameworks & Software Standards
1 1 (4.35%) OLE
Miscellaneous
1 10 (43.48%) Analytical Skills
2 7 (30.43%) Derivative
3 5 (21.74%) Interest Rate Derivative
4 4 (17.39%) Foreign Exchange (FX)
4 4 (17.39%) Fixed Income
5 2 (8.70%) Credit Risk
6 1 (4.35%) Market Risk
Processes & Methodologies
1 10 (43.48%) Agile Software Development
1 10 (43.48%) Waterfall
2 9 (39.13%) Analytics
3 4 (17.39%) Asset Management
4 3 (13.04%) Data Modelling
4 3 (13.04%) Migration
5 2 (8.70%) Software Testing
5 2 (8.70%) User Acceptance Testing
5 2 (8.70%) Test Scripting
5 2 (8.70%) ETL
5 2 (8.70%) Regression Testing
5 2 (8.70%) Validation
5 2 (8.70%) Fund Accounting
6 1 (4.35%) Quantitative Risk Management
6 1 (4.35%) Business Transformation
6 1 (4.35%) Data Management
6 1 (4.35%) Data Analysis
6 1 (4.35%) Business Analysis
6 1 (4.35%) Data Migration
6 1 (4.35%) Monte Carlo Method
Programming Languages
1 11 (47.83%) SQL
2 2 (8.70%) VBA
3 1 (4.35%) Python
3 1 (4.35%) R
3 1 (4.35%) VB
3 1 (4.35%) Java
Qualifications
1 1 (4.35%) Degree
Systems Management
1 1 (4.35%) HP Quality Center
Vendors
1 4 (17.39%) Oracle
2 2 (8.70%) Sybase
2 2 (8.70%) thinkFolio
3 1 (4.35%) Calypso
3 1 (4.35%) OpenLink