The table below looks at the prevalence of the term Swaptions in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited Swaptions over the 3 months to 27 May 2016 with a comparison to the same period over 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.

3 months to
27 May 2016
Same period 2015 Same period 2014
Swaptions
Rank 427 414 400
Rank change year-on-year
-13 -14
Contract jobs citing Swaptions 3 9 21
As % of all contract IT jobs located in London 0.014% 0.040% 0.093%
As % of the Miscellaneous category 0.037% 0.11% 0.25%
Number of daily rates quoted 3 8 17
Median daily rate £565 £588 £525
Median daily rate % change year-on-year
-3.82% +11.90%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Swaptions
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8049 8088 8570
As % of all contract IT jobs located in London 36.49% 36.28% 37.78%
Number of daily rates quoted 5745 5552 6023
Median daily rate £475 £463 £450
Median daily rate % change year-on-year
+2.70% +2.77%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £650 £640 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 112 138 154
Median hourly rate £21.17 £18.00 £20.00
Median hourly rate % change year-on-year
+17.61% -10.00%
90% offered a hourly rate of more than £12.50 £13.50 £14.00
10% offered a hourly rate of more than £55.00 £40.00 £42.55
UK excluding London median hourly rate £21.50 £18.00 £20.50
% change year-on-year
+19.44% -12.19%

Swaptions
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Swaptions as a proportion of all IT contracts with a match in the Miscellaneous category.

Swaptions Jobs Demand Trend in London

Swaptions
Daily Rate Trend in London

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

Swaptions Daily Rate Trend in London

Swaptions
Top 30 Related IT Skills in London

For the 6 months to 27 May 2016, IT contractor jobs citing Swaptions also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Swaptions.

1 7 (70.00%) C#
2 5 (50.00%) Front Office
2 5 (50.00%) Derivative
3 4 (40.00%) Finance
4 3 (30.00%) Calypso
4 3 (30.00%) XSLT
4 3 (30.00%) Equity Derivative
4 3 (30.00%) Contract for Difference
4 3 (30.00%) WCF
4 3 (30.00%) WPF
4 3 (30.00%) Spreadsheet
4 3 (30.00%) Algo Collateral
4 3 (30.00%) Workflow
4 3 (30.00%) Collateral Management
5 2 (20.00%) SOLID
5 2 (20.00%) Cloud Computing
5 2 (20.00%) Mathematics
5 2 (20.00%) Degree
5 2 (20.00%) Agile Software Development
5 2 (20.00%) TDD
5 2 (20.00%) OO
6 1 (10.00%) Risk Management
6 1 (10.00%) PhD
6 1 (10.00%) SOA
6 1 (10.00%) C++
6 1 (10.00%) VBA
6 1 (10.00%) NUnit
6 1 (10.00%) Asset Management
6 1 (10.00%) Fixed Income
6 1 (10.00%) Interest Rate Derivative

Swaptions
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 3 (30.00%) Spreadsheet
Business Applications
1 3 (30.00%) Algo Collateral
Cloud Services
1 2 (20.00%) Cloud Computing
Development Applications
1 1 (10.00%) NUnit
1 1 (10.00%) TeamCity
General
1 5 (50.00%) Front Office
2 4 (40.00%) Finance
Job Titles
1 5 (50.00%) Analyst
1 5 (50.00%) Developer
2 4 (40.00%) C# Developer
3 3 (30.00%) Business Analyst
3 3 (30.00%) Calypso Business Analyst
3 3 (30.00%) Collateral Management Business Analyst
4 2 (20.00%) Qualitative Analyst
4 2 (20.00%) Quantitative Analyst
4 2 (20.00%) Quantitative Developer
4 2 (20.00%) Quantitative Risk Analyst
4 2 (20.00%) Risk Analyst
5 1 (10.00%) C# Quant Developer
5 1 (10.00%) C++ Developer
5 1 (10.00%) C++ Quantitative Developer
5 1 (10.00%) C++/C# Developer
5 1 (10.00%) Front Office C++ Developer
5 1 (10.00%) Front Office Developer
5 1 (10.00%) VBA Developer
5 1 (10.00%) VBA Quantitative Developer
Libraries, Frameworks & Software Standards
1 3 (30.00%) WCF
1 3 (30.00%) WPF
1 3 (30.00%) XSLT
Miscellaneous
1 5 (50.00%) Derivative
2 3 (30.00%) Contract for Difference
2 3 (30.00%) Equity Derivative
3 2 (20.00%) Mathematics
4 1 (10.00%) Analytical Skills
4 1 (10.00%) Computer Science
4 1 (10.00%) Fixed Income
4 1 (10.00%) Hedge funds
4 1 (10.00%) Interest Rate Derivative
Processes & Methodologies
1 3 (30.00%) Collateral Management
1 3 (30.00%) Workflow
2 2 (20.00%) Agile Software Development
2 2 (20.00%) OO
2 2 (20.00%) SOLID
2 2 (20.00%) TDD
3 1 (10.00%) Asset Management
3 1 (10.00%) Integration Testing
3 1 (10.00%) Risk Management
3 1 (10.00%) SOA
Programming Languages
1 7 (70.00%) C#
2 1 (10.00%) C++
2 1 (10.00%) VBA
Qualifications
1 2 (20.00%) Degree
2 1 (10.00%) PhD
Vendors
1 3 (30.00%) Calypso