The first table below looks at the prevalence of the term Swaptions in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Swaptions over the 3 months to 17 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the London region.

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
17 Apr 2014
Same period 2013 Same period 2012
Swaptions
Rank 399 357 418
Rank change year-on-year
-42 +61
Contract jobs citing Swaptions 13 21 11
As % of all contract IT jobs located in London 0.054% 0.097% 0.039%
As % of the Miscellaneous category 0.17% 0.30% 0.13%
Number of daily rates quoted 8 19 8
Average daily rate £525 £500 £600
Average daily rate % change year-on-year
+5.00% -16.66%
90% offered a daily rate of more than £491 £500 £550
10% offered a daily rate of more than £615 £600 £633
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7575 7114 8747
As % of all contract IT jobs located in London 31.28% 32.90% 31.22%
Number of daily rates quoted 5333 4964 5862
Average daily rate £450 £475 £475
Average daily rate % change year-on-year
-5.26% -
90% offered a daily rate of more than £275 £275 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £350 £341 £350
% change year-on-year
+2.56% -2.50%
Number of hourly rates quoted 137 167 227
Average hourly rate £21.75 £22.00 £22.50
Average hourly rate % change year-on-year
-1.13% -2.22%
90% offered a hourly rate of more than £13.87 £14.15 £13.00
10% offered a hourly rate of more than £40.00 £54.00 £47.60
UK excluding London average hourly rate £17.50 £21.96 £25.00
% change year-on-year
-20.30% -12.16%
Swaptions
England

Swaptions
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Swaptions across the London region as a proportion of the total demand within 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
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Swaptions across the London region over the 3 months to 17 April 2014.

Swaptions Daily Rate Histogram in London

Swaptions
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Swaptions within the London region over the 3 months to 17 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
City of London -11 3 £525 -10.63%
Swaptions
England

Swaptions
Top 30 Related IT Skills in London

For the 6 months to 17 April 2014, IT contractor jobs across the London 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 10 (43.48%) Finance
2 9 (39.13%) Banking
3 8 (34.78%) Derivative
3 8 (34.78%) Agile Software Development
4 7 (30.43%) Investment Banking
4 7 (30.43%) Front Office
4 7 (30.43%) Oracle
5 6 (26.09%) SQL
5 6 (26.09%) Fixed Income
6 5 (21.74%) Asset Management
6 5 (21.74%) Waterfall
6 5 (21.74%) Analytics
7 4 (17.39%) Relational Database
7 4 (17.39%) Test Scripting
7 4 (17.39%) Software Testing
7 4 (17.39%) Validation
7 4 (17.39%) Migration
7 4 (17.39%) OpenLink
7 4 (17.39%) Endur
7 4 (17.39%) RDBMS
7 4 (17.39%) VB
7 4 (17.39%) SQL Server
7 4 (17.39%) Sybase
7 4 (17.39%) Data Modelling
8 3 (13.04%) Python
8 3 (13.04%) C++
8 3 (13.04%) Foreign Exchange (FX)
8 3 (13.04%) Risk Management
8 3 (13.04%) ETRM
9 2 (8.70%) Kanban

Swaptions
Top Related IT Skills in London by Category

For the 6 months to 17 April 2014, IT contractor jobs across the London 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 (17.39%) Endur
2 2 (8.70%) Front Arena
3 1 (4.35%) Markit EDM
3 1 (4.35%) Summit
Database & Business Intelligence
1 4 (17.39%) SQL Server
1 4 (17.39%) RDBMS
1 4 (17.39%) Relational Database
General
1 10 (43.48%) Finance
2 9 (39.13%) Banking
3 7 (30.43%) Investment Banking
3 7 (30.43%) Front Office
4 1 (4.35%) Back Office
4 1 (4.35%) Financial Institution
Job Titles
1 10 (43.48%) Analyst
2 6 (26.09%) Business Analyst
3 4 (17.39%) Developer
3 4 (17.39%) Test Analyst
4 3 (13.04%) Applications Support
5 2 (8.70%) Consultant
5 2 (8.70%) C++ Developer
5 2 (8.70%) ScrumMaster
6 1 (4.35%) C++ Quantitative Developer
6 1 (4.35%) Project Manager
6 1 (4.35%) C# Developer
6 1 (4.35%) Quantitative Developer
6 1 (4.35%) Summit Developer
6 1 (4.35%) Senior C# Developer
6 1 (4.35%) Senior Java Developer
6 1 (4.35%) Business Project Manager
6 1 (4.35%) Technical Business Analyst
6 1 (4.35%) Business Manager
6 1 (4.35%) Python Developer
6 1 (4.35%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 1 (4.35%) .NET
Miscellaneous
1 8 (34.78%) Derivative
2 6 (26.09%) Fixed Income
3 3 (13.04%) Foreign Exchange (FX)
4 2 (8.70%) Physics
4 2 (8.70%) Computer Science
5 1 (4.35%) Credit Risk
5 1 (4.35%) Grid Computing
5 1 (4.35%) Interest Rate Derivative
Operating Systems
1 1 (4.35%) Windows
1 1 (4.35%) Linux
Processes & Methodologies
1 8 (34.78%) Agile Software Development
2 5 (21.74%) Asset Management
2 5 (21.74%) Waterfall
2 5 (21.74%) Analytics
3 4 (17.39%) Test Scripting
3 4 (17.39%) Software Testing
3 4 (17.39%) Data Modelling
3 4 (17.39%) Validation
3 4 (17.39%) Migration
4 3 (13.04%) ETRM
4 3 (13.04%) Risk Management
5 2 (8.70%) Kanban
5 2 (8.70%) Monte Carlo Method
5 2 (8.70%) Scrum
5 2 (8.70%) ETL
5 2 (8.70%) User Acceptance Testing
6 1 (4.35%) Unit Testing
6 1 (4.35%) Integration Testing
6 1 (4.35%) Change Management
6 1 (4.35%) Fund Accounting
Programming Languages
1 6 (26.09%) SQL
2 4 (17.39%) VB
3 3 (13.04%) Python
3 3 (13.04%) C++
4 2 (8.70%) Java
4 2 (8.70%) C#
4 2 (8.70%) VBA
5 1 (4.35%) Perl
5 1 (4.35%) PL/SQL
Vendors
1 7 (30.43%) Oracle
2 4 (17.39%) Sybase
2 4 (17.39%) OpenLink
3 2 (8.70%) thinkFolio
3 2 (8.70%) SunGard
4 1 (4.35%) TIBCO
4 1 (4.35%) DataSynapse