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 1 July 2016 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
1 Jul 2016
Same period 2015 Same period 2014
Swaptions
Rank 436 424 402
Rank change year-on-year
-12 -22
Contract jobs citing Swaptions 5 9 19
As % of all contract IT jobs located in London 0.023% 0.038% 0.082%
As % of the Miscellaneous category 0.063% 0.11% 0.21%
Number of daily rates quoted 5 9 16
Median daily rate £525 £575 £525
Median daily rate % change year-on-year
-8.69% +9.52%
90% offered a daily rate of more than £475 £550 £338
10% offered a daily rate of more than £571 £640 £575
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
7909 8544 8845
As % of all contract IT jobs located in London 36.79% 36.45% 37.99%
Number of daily rates quoted 5606 5993 6053
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 108 150 155
Median hourly rate £19.23 £19.72 £20.00
Median hourly rate % change year-on-year
-2.46% -1.42%
90% offered a hourly rate of more than £12.50 £14.00 £14.04
10% offered a hourly rate of more than £70.00 £52.17 £41.75
UK excluding London median hourly rate £23.00 £17.50 £21.00
% change year-on-year
+31.42% -16.66%

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
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Swaptions within the London region over the 3 months to 1 July 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +30 1 £513 -18.00%
Swaptions
England

Swaptions
Top 30 Related IT Skills in London

For the 6 months to 1 July 2016, 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 (75.00%) C#
2 6 (50.00%) Finance
2 6 (50.00%) Front Office
3 5 (41.67%) Derivative
4 4 (33.33%) WCF
4 4 (33.33%) WPF
4 4 (33.33%) Fixed Income
5 3 (25.00%) XSLT
5 3 (25.00%) Spreadsheet
5 3 (25.00%) Degree
5 3 (25.00%) Banking
5 3 (25.00%) Mathematics
5 3 (25.00%) QA
6 2 (16.67%) Computer Science
6 2 (16.67%) Integration Testing
6 2 (16.67%) Asset Management
6 2 (16.67%) Cloud Computing
6 2 (16.67%) TeamCity
6 2 (16.67%) Hedge funds
6 2 (16.67%) SOLID
6 2 (16.67%) OO
6 2 (16.67%) SQL
6 2 (16.67%) SOA
6 2 (16.67%) Risk Management
6 2 (16.67%) Agile Software Development
6 2 (16.67%) TDD
6 2 (16.67%) NUnit
7 1 (8.33%) Analytical Skills
7 1 (8.33%) Workflow
7 1 (8.33%) Equities

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:

Applications
1 3 (25.00%) Spreadsheet
Business Applications
1 1 (8.33%) Algo Collateral
Cloud Services
1 2 (16.67%) Cloud Computing
Development Applications
1 2 (16.67%) NUnit
1 2 (16.67%) TeamCity
2 1 (8.33%) Selenium
2 1 (8.33%) SpecFlow
2 1 (8.33%) TestComplete
General
1 6 (50.00%) Finance
1 6 (50.00%) Front Office
2 3 (25.00%) Banking
3 1 (8.33%) Investment Banking
Job Titles
1 6 (50.00%) Analyst
1 6 (50.00%) Developer
2 5 (41.67%) C# Developer
3 3 (25.00%) Test Analyst
4 2 (16.67%) QA Analyst
4 2 (16.67%) QA Test Analyst
4 2 (16.67%) Qualitative Analyst
4 2 (16.67%) Quantitative Analyst
4 2 (16.67%) Quantitative Developer
4 2 (16.67%) Quantitative Risk Analyst
4 2 (16.67%) Risk Analyst
5 1 (8.33%) Banking Analyst
5 1 (8.33%) C# Quant Developer
5 1 (8.33%) C++/C# Developer
5 1 (8.33%) Calypso Business Analyst
5 1 (8.33%) Collateral Management Business Analyst
5 1 (8.33%) Front Office C++ Developer
5 1 (8.33%) QA Engineer
5 1 (8.33%) QA Test Engineer
5 1 (8.33%) VBA Quantitative Developer
Libraries, Frameworks & Software Standards
1 4 (33.33%) WCF
1 4 (33.33%) WPF
2 3 (25.00%) XSLT
Miscellaneous
1 5 (41.67%) Derivative
2 4 (33.33%) Fixed Income
3 3 (25.00%) Mathematics
4 2 (16.67%) Computer Science
4 2 (16.67%) Hedge funds
5 1 (8.33%) Analytical Skills
5 1 (8.33%) Contract for Difference
5 1 (8.33%) Equities
5 1 (8.33%) Equity Derivative
5 1 (8.33%) Foreign Exchange (FX)
5 1 (8.33%) Interest Rate Derivative
Operating Systems
1 1 (8.33%) Unix
Processes & Methodologies
1 2 (16.67%) Agile Software Development
1 2 (16.67%) Asset Management
1 2 (16.67%) Integration Testing
1 2 (16.67%) OO
1 2 (16.67%) Risk Management
1 2 (16.67%) SOA
1 2 (16.67%) SOLID
1 2 (16.67%) TDD
2 1 (8.33%) Collateral Management
2 1 (8.33%) Greeks
2 1 (8.33%) Regression Testing
2 1 (8.33%) Test Scripting
2 1 (8.33%) Workflow
Programming Languages
1 9 (75.00%) C#
2 2 (16.67%) SQL
3 1 (8.33%) C++
3 1 (8.33%) VBA
Qualifications
1 3 (25.00%) Degree
2 1 (8.33%) PhD
Quality Assurance & Compliance
1 3 (25.00%) QA
Vendors
1 1 (8.33%) Calypso
1 1 (8.33%) Sybase