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 average contractor rates offered in IT contracts that have cited Swaptions over the 3 months to 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Swaptions
Rank 390 384 353
Rank change year-on-year
-6 -31
Contract jobs citing Swaptions 8 9 10
As % of all contract IT jobs located in London 0.038% 0.042% 0.052%
As % of the Miscellaneous category 0.11% 0.11% 0.14%
Number of daily rates quoted 5 6 8
Average daily rate
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£625 £638 £538
Average daily rate % change year-on-year
-1.96% +18.60%
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
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
7468 8092 7257
As % of all contract IT jobs located in London 35.35% 37.54% 37.54%
Number of daily rates quoted 5266 5552 5089
Average daily rate £450 £450 £450
90% offered a daily rate of more than £280 £260 £275
10% offered a daily rate of more than £625 £650 £625
UK excluding London average daily rate £370 £350 £338
% change year-on-year
+5.71% +3.70%
Number of hourly rates quoted 138 160 185
Average hourly rate £20.00 £24.00 £21.00
Average hourly rate % change year-on-year
-16.66% +14.28%
90% offered a hourly rate of more than £13.50 £13.50 £13.35
10% offered a hourly rate of more than £40.00 £52.50 £47.50
UK excluding London average hourly rate £18.00 £17.50 £20.00
% change year-on-year
+2.85% -12.50%

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
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 30 January 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
City of London - - - - 1
Swaptions
England

Swaptions
Top 30 Related IT Skills in London

For the 6 months to 30 January 2015, 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 7 (43.75%) C#
2 6 (37.50%) Front Office
2 6 (37.50%) VBA
2 6 (37.50%) .NET
2 6 (37.50%) Derivative
3 5 (31.25%) Banking
4 4 (25.00%) Calypso
4 4 (25.00%) Finance
4 4 (25.00%) Investment Banking
5 3 (18.75%) Fixed Income
5 3 (18.75%) WinForms
5 3 (18.75%) Murex
5 3 (18.75%) Foreign Exchange (FX)
5 3 (18.75%) WPF
6 2 (12.50%) Credit Risk
6 2 (12.50%) Migration
6 2 (12.50%) Stakeholder Management
6 2 (12.50%) Agile Software Development
6 2 (12.50%) TDD
6 2 (12.50%) SQL
6 2 (12.50%) SQL Server
6 2 (12.50%) Back Office
6 2 (12.50%) Summit
6 2 (12.50%) EMIR
6 2 (12.50%) Analytical Skills
7 1 (6.25%) Data Structures
7 1 (6.25%) Dodd-Frank
7 1 (6.25%) Sophis
7 1 (6.25%) Workflow
7 1 (6.25%) Legal

Swaptions
Top Related IT Skills in London by Category

For the 6 months to 30 January 2015, 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.

Application Platforms
1 1 (6.25%) CMS
Business Applications
1 2 (12.50%) Summit
2 1 (6.25%) Endur
2 1 (6.25%) Front Arena
2 1 (6.25%) Markit EDM
Database & Business Intelligence
1 2 (12.50%) SQL Server
2 1 (6.25%) RDBMS
2 1 (6.25%) Relational Database
Development Applications
1 1 (6.25%) Subversion
1 1 (6.25%) Git (software)
General
1 6 (37.50%) Front Office
2 5 (31.25%) Banking
3 4 (25.00%) Finance
3 4 (25.00%) Investment Banking
4 2 (12.50%) Back Office
5 1 (6.25%) Legal
Job Titles
1 7 (43.75%) Developer
2 4 (25.00%) C# Developer
3 3 (18.75%) Analyst
3 3 (18.75%) Project Manager
4 2 (12.50%) Business Analyst
5 1 (6.25%) Operations Analyst
5 1 (6.25%) Sophis Developer
5 1 (6.25%) Manual Tester
5 1 (6.25%) Senior Project Manager
5 1 (6.25%) .NET Developer
5 1 (6.25%) Consultant
5 1 (6.25%) Senior Manager
5 1 (6.25%) Senior Developer
5 1 (6.25%) Applications Support
5 1 (6.25%) Tester
5 1 (6.25%) Tools Developer
Libraries, Frameworks & Software Standards
1 6 (37.50%) .NET
2 3 (18.75%) WinForms
2 3 (18.75%) WPF
3 1 (6.25%) WCF
Miscellaneous
1 6 (37.50%) Derivative
2 3 (18.75%) Fixed Income
2 3 (18.75%) Foreign Exchange (FX)
3 2 (12.50%) Credit Risk
3 2 (12.50%) Analytical Skills
4 1 (6.25%) Data Structures
4 1 (6.25%) Management Information System
4 1 (6.25%) Credit Derivative
4 1 (6.25%) Equity Derivative
4 1 (6.25%) DTCC
4 1 (6.25%) Contract for Difference
4 1 (6.25%) Mathematics
4 1 (6.25%) Computer Science
4 1 (6.25%) Market Risk
4 1 (6.25%) Hedge funds
Processes & Methodologies
1 2 (12.50%) Migration
1 2 (12.50%) Stakeholder Management
1 2 (12.50%) Agile Software Development
1 2 (12.50%) TDD
2 1 (6.25%) Workflow
2 1 (6.25%) OO
2 1 (6.25%) Data Modelling
2 1 (6.25%) Asset Management
2 1 (6.25%) Data Management
2 1 (6.25%) Enterprise Data Management
2 1 (6.25%) Release Management
2 1 (6.25%) Stress Testing
2 1 (6.25%) Multithreading
2 1 (6.25%) Manual Testing
2 1 (6.25%) Investment Management
2 1 (6.25%) Data Migration
2 1 (6.25%) Fund Accounting
Programming Languages
1 7 (43.75%) C#
2 6 (37.50%) VBA
3 2 (12.50%) SQL
4 1 (6.25%) Python
Qualifications
1 1 (6.25%) Degree
Quality Assurance & Compliance
1 2 (12.50%) EMIR
2 1 (6.25%) Dodd-Frank
2 1 (6.25%) SLA
2 1 (6.25%) QA
Vendors
1 4 (25.00%) Calypso
2 3 (18.75%) Murex
3 1 (6.25%) Sophis
3 1 (6.25%) Sybase
3 1 (6.25%) Oracle
3 1 (6.25%) Misys
3 1 (6.25%) SunGard
3 1 (6.25%) Syncfusion
3 1 (6.25%) DevExpress
City, London
TEKsystems
Rate: £650 per day
Posted: 3 days ago
London
Real Staffing
Rate: £550 - £650 per day
Posted: 8 days ago
London
Hays IT - Uk Posting account
Rate: £600.00 - £650.00 per annum
Posted: 10 days ago