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 2 October 2014 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
2 Oct 2014
Same period 2013 Same period 2012
Swaptions
Rank 413 411 400
Rank change year-on-year
-2 -11
Contract jobs citing Swaptions 3 14 17
As % of all contract IT jobs located in London 0.012% 0.056% 0.068%
As % of the Miscellaneous category 0.034% 0.15% 0.18%
Number of daily rates quoted 2 14 17
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£400 £625 £558
Average daily rate % change year-on-year
-36.00% +12.00%
UK excluding London average daily rate - - -
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
8851 9347 9564
As % of all contract IT jobs located in London 35.90% 37.60% 38.02%
Number of daily rates quoted 6112 6510 6553
Average daily rate £450 £450 £450
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £638 £625 £625
UK excluding London average daily rate £350 £350 £350
Number of hourly rates quoted 188 168 245
Average hourly rate £18.50 £19.50 £22.32
Average hourly rate % change year-on-year
-5.12% -12.63%
90% offered a hourly rate of more than £12.65 £13.18 £12.70
10% offered a hourly rate of more than £45.00 £45.00 £42.50
UK excluding London average hourly rate £18.00 £17.50 £26.00
% change year-on-year
+2.85% -32.69%

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 2 October 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 2 October 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 +15 1 - - 1
Swaptions
England

Swaptions
Top 30 Related IT Skills in London

For the 6 months to 2 October 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 14 (66.67%) Banking
2 11 (52.38%) SQL
2 11 (52.38%) Investment Banking
3 10 (47.62%) Agile Software Development
3 10 (47.62%) Waterfall
3 10 (47.62%) Analytical Skills
4 9 (42.86%) Analytics
5 5 (23.81%) Interest Rate Derivative
5 5 (23.81%) Foreign Exchange (FX)
5 5 (23.81%) Finance
6 4 (19.05%) Fixed Income
6 4 (19.05%) Oracle
6 4 (19.05%) Derivative
7 3 (14.29%) Data Modelling
7 3 (14.29%) Retail
7 3 (14.29%) Front Office
8 2 (9.52%) ETL
8 2 (9.52%) RDBMS
8 2 (9.52%) Endur
8 2 (9.52%) SQL Server
8 2 (9.52%) Sybase
8 2 (9.52%) VBA
8 2 (9.52%) Relational Database
8 2 (9.52%) Credit Risk
8 2 (9.52%) User Acceptance Testing
8 2 (9.52%) Migration
9 1 (4.76%) CMS
9 1 (4.76%) Business Analysis
9 1 (4.76%) Retail Banking
9 1 (4.76%) DTCC

Swaptions
Top Related IT Skills in London by Category

For the 6 months to 2 October 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.

Application Platforms
1 1 (4.76%) CMS
Business Applications
1 2 (9.52%) Endur
2 1 (4.76%) Markit EDM
Database & Business Intelligence
1 2 (9.52%) RDBMS
1 2 (9.52%) SQL Server
1 2 (9.52%) Relational Database
General
1 14 (66.67%) Banking
2 11 (52.38%) Investment Banking
3 5 (23.81%) Finance
4 3 (14.29%) Retail
4 3 (14.29%) Front Office
5 1 (4.76%) Retail Banking
5 1 (4.76%) Back Office
Job Titles
1 13 (61.90%) Analyst
2 12 (57.14%) Business Analyst
3 4 (19.05%) Test Leader
4 2 (9.52%) Investment Banking Business Analyst
5 1 (4.76%) Banking Business Analyst
5 1 (4.76%) Credit Risk Analyst
5 1 (4.76%) Business Data Analyst
5 1 (4.76%) Developer
5 1 (4.76%) Consultant
5 1 (4.76%) Technical Business Analyst
5 1 (4.76%) Data Analyst
5 1 (4.76%) Operations Analyst
5 1 (4.76%) Credit Analyst
5 1 (4.76%) Credit Risk Business Analyst
5 1 (4.76%) Risk Analyst
Libraries, Frameworks & Software Standards
1 1 (4.76%) OLE
Miscellaneous
1 10 (47.62%) Analytical Skills
2 5 (23.81%) Interest Rate Derivative
2 5 (23.81%) Foreign Exchange (FX)
3 4 (19.05%) Fixed Income
3 4 (19.05%) Derivative
4 2 (9.52%) Credit Risk
5 1 (4.76%) DTCC
5 1 (4.76%) Market Risk
Processes & Methodologies
1 10 (47.62%) Agile Software Development
1 10 (47.62%) Waterfall
2 9 (42.86%) Analytics
3 3 (14.29%) Data Modelling
4 2 (9.52%) ETL
4 2 (9.52%) User Acceptance Testing
4 2 (9.52%) Migration
5 1 (4.76%) Business Analysis
5 1 (4.76%) Enterprise Data Management
5 1 (4.76%) Investment Management
5 1 (4.76%) Data Migration
5 1 (4.76%) Monte Carlo Method
5 1 (4.76%) Fund Accounting
5 1 (4.76%) Quantitative Risk Management
5 1 (4.76%) Business Transformation
5 1 (4.76%) OO
5 1 (4.76%) Validation
5 1 (4.76%) Asset Management
5 1 (4.76%) Data Management
5 1 (4.76%) Data Analysis
Programming Languages
1 11 (52.38%) SQL
2 2 (9.52%) VBA
3 1 (4.76%) R
3 1 (4.76%) Java
3 1 (4.76%) VB
3 1 (4.76%) Python
Qualifications
1 1 (4.76%) Degree
Quality Assurance & Compliance
1 1 (4.76%) EMIR
1 1 (4.76%) SLA
Systems Management
1 1 (4.76%) HP Quality Center
Vendors
1 4 (19.05%) Oracle
2 2 (9.52%) Sybase
3 1 (4.76%) OpenLink
3 1 (4.76%) Misys
3 1 (4.76%) Calypso