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 24 July 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
24 Jul 2014
Same period 2013 Same period 2012
Swaptions
Rank 389 386 387
Rank change year-on-year
-3 +1
Contract jobs citing Swaptions 12 21 24
As % of all contract IT jobs located in London 0.051% 0.087% 0.091%
As % of the Miscellaneous category 0.17% 0.26% 0.29%
Number of daily rates quoted 11 20 24
Average daily rate
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£550 £550 £558
Average daily rate % change year-on-year
- -1.43%
90% offered a daily rate of more than £325 £484 £550
10% offered a daily rate of more than £600 £653 £618
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
7206 7948 8158
As % of all contract IT jobs located in London 30.56% 32.79% 31.01%
Number of daily rates quoted 4849 5486 5516
Average daily rate £450 £463 £465
Average daily rate % change year-on-year
-2.70% -0.53%
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £350 £350 £337
% change year-on-year
- +4.01%
Number of hourly rates quoted 144 175 205
Average hourly rate £20.00 £22.50 £22.50
Average hourly rate % change year-on-year
-11.11% -
90% offered a hourly rate of more than £14.04 £14.85 £13.00
10% offered a hourly rate of more than £45.00 £45.70 £40.00
UK excluding London average hourly rate £21.00 £20.50 £27.50
% change year-on-year
+2.43% -25.45%
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 24 July 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 24 July 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
City of London +24 7 £550 -
Swaptions
England

Swaptions
Top 30 Related IT Skills in London

For the 6 months to 24 July 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 13 (52.00%) Banking
2 11 (44.00%) SQL
2 11 (44.00%) Investment Banking
3 10 (40.00%) Waterfall
4 9 (36.00%) Analytics
4 9 (36.00%) Derivative
4 9 (36.00%) Agile Software Development
5 6 (24.00%) Finance
6 5 (20.00%) Front Office
6 5 (20.00%) Asset Management
6 5 (20.00%) Interest Rate Derivative
7 4 (16.00%) Test Scripting
7 4 (16.00%) Software Testing
7 4 (16.00%) Fixed Income
7 4 (16.00%) Foreign Exchange (FX)
8 3 (12.00%) Oracle
8 3 (12.00%) Retail
8 3 (12.00%) Validation
9 2 (8.00%) Data Modelling
9 2 (8.00%) ETL
9 2 (8.00%) VBA
9 2 (8.00%) SunGard
9 2 (8.00%) Quantitative Risk Management
9 2 (8.00%) Monte Carlo Method
9 2 (8.00%) thinkFolio
9 2 (8.00%) User Acceptance Testing
9 2 (8.00%) Front Arena
10 1 (4.00%) Data Analysis
10 1 (4.00%) Business Analysis
10 1 (4.00%) Retail Banking

Swaptions
Top Related IT Skills in London by Category

For the 6 months to 24 July 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 2 (8.00%) Front Arena
2 1 (4.00%) Markit EDM
2 1 (4.00%) Endur
Database & Business Intelligence
1 1 (4.00%) Relational Database
1 1 (4.00%) RDBMS
1 1 (4.00%) SQL Server
General
1 13 (52.00%) Banking
2 11 (44.00%) Investment Banking
3 6 (24.00%) Finance
4 5 (20.00%) Front Office
5 3 (12.00%) Retail
6 1 (4.00%) Retail Banking
Job Titles
1 16 (64.00%) Analyst
2 12 (48.00%) Business Analyst
3 4 (16.00%) Test Leader
3 4 (16.00%) Test Analyst
4 2 (8.00%) Developer
4 2 (8.00%) Investment Banking Business Analyst
5 1 (4.00%) Banking Business Analyst
5 1 (4.00%) Credit Risk Analyst
5 1 (4.00%) Lead Business Analyst
5 1 (4.00%) Business Data Analyst
5 1 (4.00%) Project Manager
5 1 (4.00%) Data Analyst
5 1 (4.00%) C++ Developer
5 1 (4.00%) Credit Analyst
5 1 (4.00%) Credit Risk Business Analyst
5 1 (4.00%) Risk Analyst
5 1 (4.00%) Business Project Manager
5 1 (4.00%) Technical Business Analyst
5 1 (4.00%) Business Manager
Libraries, Frameworks & Software Standards
1 1 (4.00%) OLE
Miscellaneous
1 9 (36.00%) Derivative
2 5 (20.00%) Interest Rate Derivative
3 4 (16.00%) Fixed Income
3 4 (16.00%) Foreign Exchange (FX)
4 1 (4.00%) Credit Risk
Operating Systems
1 1 (4.00%) Linux
Processes & Methodologies
1 10 (40.00%) Waterfall
2 9 (36.00%) Analytics
2 9 (36.00%) Agile Software Development
3 5 (20.00%) Asset Management
4 4 (16.00%) Test Scripting
4 4 (16.00%) Software Testing
5 3 (12.00%) Validation
6 2 (8.00%) Data Modelling
6 2 (8.00%) ETL
6 2 (8.00%) Quantitative Risk Management
6 2 (8.00%) Monte Carlo Method
6 2 (8.00%) User Acceptance Testing
7 1 (4.00%) Data Analysis
7 1 (4.00%) Business Analysis
7 1 (4.00%) Fund Accounting
7 1 (4.00%) Business Transformation
7 1 (4.00%) OO
7 1 (4.00%) Migration
Programming Languages
1 11 (44.00%) SQL
2 2 (8.00%) VBA
3 1 (4.00%) R
3 1 (4.00%) Python
3 1 (4.00%) VB
3 1 (4.00%) C++
3 1 (4.00%) Java
Qualifications
1 1 (4.00%) Degree
Systems Management
1 1 (4.00%) HP Quality Center
Vendors
1 3 (12.00%) Oracle
2 2 (8.00%) SunGard
2 2 (8.00%) thinkFolio
3 1 (4.00%) OpenLink
3 1 (4.00%) Sybase
London
Harrington Starr
Rate: £350 - £500 per day
Posted: 2 days ago