The table below looks at the prevalence of the term Swaptions in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Swaptions over the 3 months to 6 December 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
6 Dec 2016
Same period 2015 Same period 2014
Swaptions
Rank 634 642 622
Rank change year-on-year
+8 -20
Contract jobs citing Swaptions 4 7 7
As % of all contract IT jobs located in the UK 0.008% 0.013% 0.012%
As % of the Miscellaneous category 0.024% 0.038% 0.039%
Number of daily rates quoted 3 7 4
Median daily rate £650 £575 £585
Median daily rate % change year-on-year
+13.04% -1.70%
90% offered a daily rate of more than £610 £420 £339
10% offered a daily rate of more than £810 £670 £643
UK excluding London median daily rate - £575 -
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 across the UK.

Miscellaneous Category
UK
Contract IT job ads with a match in the
Miscellaneous category
16556 18240 17894
As % of all contract IT jobs located in the UK 32.52% 33.34% 31.67%
Number of daily rates quoted 10728 11465 11353
Median daily rate £430 £425 £405
Median daily rate % change year-on-year
+1.17% +4.93%
90% offered a daily rate of more than £243 £250 £238
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 582 787 748
Median hourly rate £19.38 £20.63 £16.84
Median hourly rate % change year-on-year
-6.06% +22.47%
90% offered a hourly rate of more than £12.00 £12.32 £11.00
10% offered a hourly rate of more than £45.00 £45.00 £42.50
UK excluding London median hourly rate £18.81 £20.00 £16.72
% change year-on-year
-5.93% +19.61%

Swaptions
Jobs Demand Trend

The demand trend of contract jobs citing Swaptions as a proportion of all IT contracts with a match in the Miscellaneous category.

Swaptions Jobs Demand Trend in the UK

Swaptions
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Swaptions within the UK.

Swaptions Daily Rate Trend in the UK

Swaptions
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Swaptions within the UK over the 3 months to 6 December 2016.

Swaptions Daily Rate Histogram in the UK

Swaptions
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Swaptions within the UK over the 3 months to 6 December 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
England +4 4 £650 +13.04%
London -4 4 £650 +10.63%

Swaptions
Top 30 Related IT Skills

For the 6 months to 6 December 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 with a requirement for Swaptions.

1 11 (78.57%) Fixed Income
2 10 (71.43%) Front Office
3 9 (64.29%) C#
4 8 (57.14%) Finance
5 7 (50.00%) Banking
5 7 (50.00%) WPF
6 6 (42.86%) TeamCity
6 6 (42.86%) Derivative
6 6 (42.86%) Risk Management
6 6 (42.86%) SQL
6 6 (42.86%) .NET
6 6 (42.86%) DevOps
7 5 (35.71%) MVVM
7 5 (35.71%) BDD
7 5 (35.71%) MSBuild
7 5 (35.71%) WinForms
7 5 (35.71%) XAML
7 5 (35.71%) Agile Software Development
7 5 (35.71%) TDD
7 5 (35.71%) Team Foundation Server
7 5 (35.71%) Test Automation
7 5 (35.71%) Continuous Integration
8 4 (28.57%) WCF
9 3 (21.43%) Hedge funds
9 3 (21.43%) QA
9 3 (21.43%) SQL Server
10 2 (14.29%) C++
10 2 (14.29%) Python
10 2 (14.29%) Foreign Exchange (FX)
10 2 (14.29%) Cloud Computing

Swaptions
Top Related IT Skills 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 (7.14%) Front Arena
Cloud Services
1 2 (14.29%) Cloud Computing
2 1 (7.14%) Amazon AWS
Database & Business Intelligence
1 3 (21.43%) SQL Server
Development Applications
1 6 (42.86%) TeamCity
2 5 (35.71%) MSBuild
2 5 (35.71%) Team Foundation Server
3 1 (7.14%) NUnit
3 1 (7.14%) Selenium
3 1 (7.14%) SpecFlow
3 1 (7.14%) TestComplete
General
1 10 (71.43%) Front Office
2 8 (57.14%) Finance
3 7 (50.00%) Banking
4 1 (7.14%) Back Office
4 1 (7.14%) Investment Banking
Job Titles
1 8 (57.14%) Developer
2 6 (42.86%) C# Developer
3 5 (35.71%) Analyst
4 4 (28.57%) C# WPF Developer
4 4 (28.57%) WPF Developer
5 3 (21.43%) Senior C# Developer
5 3 (21.43%) Senior Developer
5 3 (21.43%) Senior WPF Developer
5 3 (21.43%) Test Analyst
6 2 (14.29%) QA Analyst
6 2 (14.29%) QA Test Analyst
7 1 (7.14%) Applications Support
7 1 (7.14%) Applications Support Analyst
7 1 (7.14%) Banking Analyst
7 1 (7.14%) Business Manager
7 1 (7.14%) IT Project Manager
7 1 (7.14%) Python Developer
7 1 (7.14%) Quantitative Developer
7 1 (7.14%) Support Analyst
7 1 (7.14%) Test Engineer
Libraries, Frameworks & Software Standards
1 7 (50.00%) WPF
2 6 (42.86%) .NET
3 5 (35.71%) WinForms
4 4 (28.57%) WCF
5 1 (7.14%) .NET Framework
5 1 (7.14%) NumPy
5 1 (7.14%) Pandas
5 1 (7.14%) SciPy
Miscellaneous
1 11 (78.57%) Fixed Income
2 6 (42.86%) Derivative
3 3 (21.43%) Hedge funds
4 2 (14.29%) Foreign Exchange (FX)
4 2 (14.29%) OTC Derivatives
5 1 (7.14%) Computer Science
5 1 (7.14%) Equities
5 1 (7.14%) Market Risk
5 1 (7.14%) Mathematics
5 1 (7.14%) Virtual Team
Operating Systems
1 1 (7.14%) Linux
1 1 (7.14%) Unix
Processes & Methodologies
1 6 (42.86%) DevOps
1 6 (42.86%) Risk Management
2 5 (35.71%) Agile Software Development
2 5 (35.71%) BDD
2 5 (35.71%) Continuous Integration
2 5 (35.71%) MVVM
2 5 (35.71%) TDD
2 5 (35.71%) Test Automation
3 2 (14.29%) Integration Testing
3 2 (14.29%) User Acceptance Testing
4 1 (7.14%) Asset Management
4 1 (7.14%) Automated Testing
4 1 (7.14%) Business Analysis
4 1 (7.14%) Data Analysis
4 1 (7.14%) Investment Management
4 1 (7.14%) Regression Testing
4 1 (7.14%) Release Management
4 1 (7.14%) SOA
4 1 (7.14%) Test Scripting
4 1 (7.14%) Workflow
Programming Languages
1 9 (64.29%) C#
2 6 (42.86%) SQL
3 5 (35.71%) XAML
4 2 (14.29%) C++
4 2 (14.29%) Python
5 1 (7.14%) Bash Shell
5 1 (7.14%) Perl
Qualifications
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 3 (21.43%) QA
Vendors
1 1 (7.14%) SunGard
1 1 (7.14%) Sybase