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 19 January 2017 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
19 Jan 2017
Same period 2016 Same period 2015
Swaptions
England / London
Rank 389 407 403
Rank change year-on-year
+18 -4
Contract jobs citing Swaptions 9 8 5
As % of all contract IT jobs located in London 0.046% 0.038% 0.024%
As % of the Miscellaneous category 0.13% 0.11% 0.065%
Number of daily rates quoted 2 8 2
Median daily rate £625 £600 £638
Median daily rate % change year-on-year
+4.16% -5.88%
90% offered a daily rate of more than £605 £488 £628
10% offered a daily rate of more than £645 £683 £648
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
7000 7586 7668
As % of all contract IT jobs located in London 36.06% 36.21% 36.20%
Number of daily rates quoted 4831 5229 5399
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £313 £285 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 110 135 152
Median hourly rate £27.00 £22.50 £17.87
Median hourly rate % change year-on-year
+20.00% +25.94%
90% offered a hourly rate of more than £14.00 £13.00 £13.12
10% offered a hourly rate of more than £55.00 £42.50 £37.00
UK excluding London median hourly rate £18.50 £21.50 £17.50
% change year-on-year
-13.95% +22.85%

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 19 January 2017, 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 9 (81.82%) Front Office
1 9 (81.82%) Derivative
2 8 (72.73%) Fixed Income
3 6 (54.55%) Finance
4 5 (45.45%) EMIR
4 5 (45.45%) Dodd-Frank
4 5 (45.45%) Back Office
4 5 (45.45%) Equities
4 5 (45.45%) Interest Rate Derivative
4 5 (45.45%) MiFID
5 3 (27.27%) C#
6 2 (18.18%) Python
6 2 (18.18%) SQL
6 2 (18.18%) .NET
6 2 (18.18%) SQL Server
6 2 (18.18%) WCF
6 2 (18.18%) WPF
6 2 (18.18%) DevOps
6 2 (18.18%) Hedge funds
6 2 (18.18%) Amazon AWS
6 2 (18.18%) OTC Derivatives
7 1 (9.09%) Virtual Team
7 1 (9.09%) Resource Allocation
7 1 (9.09%) Bash Shell
7 1 (9.09%) SciPy
7 1 (9.09%) NumPy
7 1 (9.09%) Portfolio Management
7 1 (9.09%) Pandas
7 1 (9.09%) Systematic Trading
7 1 (9.09%) Front Arena

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:

Business Applications
1 1 (9.09%) Front Arena
Cloud Services
1 2 (18.18%) Amazon AWS
Database & Business Intelligence
1 2 (18.18%) SQL Server
General
1 9 (81.82%) Front Office
2 6 (54.55%) Finance
3 5 (45.45%) Back Office
Job Titles
1 7 (63.64%) Analyst
2 6 (54.55%) Business Analyst
3 5 (45.45%) MiFID Business Analyst
4 3 (27.27%) Developer
5 2 (18.18%) C# Developer
6 1 (9.09%) Applications Support
6 1 (9.09%) Applications Support Analyst
6 1 (9.09%) Business Manager
6 1 (9.09%) Derivatives Business Analyst
6 1 (9.09%) IT Manager
6 1 (9.09%) IT Project Manager
6 1 (9.09%) Project Manager
6 1 (9.09%) Python Developer
6 1 (9.09%) Quantitative Developer
6 1 (9.09%) Support Analyst
Libraries, Frameworks & Software Standards
1 2 (18.18%) .NET
1 2 (18.18%) WCF
1 2 (18.18%) WPF
2 1 (9.09%) NumPy
2 1 (9.09%) Pandas
2 1 (9.09%) SciPy
Miscellaneous
1 9 (81.82%) Derivative
2 8 (72.73%) Fixed Income
3 5 (45.45%) Equities
3 5 (45.45%) Interest Rate Derivative
4 2 (18.18%) Hedge funds
4 2 (18.18%) OTC Derivatives
5 1 (9.09%) Market Risk
5 1 (9.09%) Virtual Team
Operating Systems
1 1 (9.09%) Linux
Processes & Methodologies
1 2 (18.18%) DevOps
2 1 (9.09%) Business Analysis
2 1 (9.09%) Data Analysis
2 1 (9.09%) Investment Management
2 1 (9.09%) Portfolio Management
2 1 (9.09%) Release Management
2 1 (9.09%) Resource Allocation
2 1 (9.09%) Systematic Trading
2 1 (9.09%) User Acceptance Testing
2 1 (9.09%) Workflow
Programming Languages
1 3 (27.27%) C#
2 2 (18.18%) Python
2 2 (18.18%) SQL
3 1 (9.09%) Bash Shell
3 1 (9.09%) Perl
Quality Assurance & Compliance
1 5 (45.45%) Dodd-Frank
1 5 (45.45%) EMIR
1 5 (45.45%) MiFID
Vendors
1 1 (9.09%) SunGard