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 23 January 2017 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
23 Jan 2017
Same period 2016 Same period 2015
Swaptions
UK
Rank 578 621 603
Rank change year-on-year
+43 -18
Contract jobs citing Swaptions 9 9 4
As % of all contract IT jobs located in the UK 0.020% 0.018% 0.008%
As % of the Miscellaneous category 0.062% 0.055% 0.025%
Number of daily rates quoted 2 9 2
Median daily rate £625 £600 £588
Median daily rate % change year-on-year
+4.16% +2.12%
90% offered a daily rate of more than £605 £525 £558
10% offered a daily rate of more than £645 £680 £618
UK excluding London median daily rate - - -
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
14587 16398 15936
As % of all contract IT jobs located in the UK 32.52% 32.81% 31.42%
Number of daily rates quoted 9330 10414 9971
Median daily rate £438 £425 £416
Median daily rate % change year-on-year
+2.94% +2.28%
90% offered a daily rate of more than £250 £240 £238
10% offered a daily rate of more than £625 £620 £600
UK excluding London median daily rate £390 £375 £365
% change year-on-year
+4.00% +2.73%
Number of hourly rates quoted 538 692 666
Median hourly rate £21.00 £21.98 £17.73
Median hourly rate % change year-on-year
-4.43% +23.92%
90% offered a hourly rate of more than £11.33 £12.50 £11.50
10% offered a hourly rate of more than £48.50 £50.99 £40.00
UK excluding London median hourly rate £19.00 £21.50 £17.50
% change year-on-year
-11.62% +22.85%

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
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 23 January 2017. 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 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 +31 9 £625 +4.16% 1
London +12 9 £625 +4.16% 1

Swaptions
Top 30 Related IT Skills

For the 6 months to 23 January 2017, 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 9 (81.82%) Front Office
1 9 (81.82%) Derivative
2 8 (72.73%) Fixed Income
3 6 (54.55%) Finance
4 5 (45.45%) EMIR
4 5 (45.45%) Dodd-Frank
4 5 (45.45%) Back Office
4 5 (45.45%) Equities
4 5 (45.45%) Interest Rate Derivative
4 5 (45.45%) MiFID
5 3 (27.27%) C#
6 2 (18.18%) Python
6 2 (18.18%) SQL
6 2 (18.18%) .NET
6 2 (18.18%) SQL Server
6 2 (18.18%) WCF
6 2 (18.18%) WPF
6 2 (18.18%) DevOps
6 2 (18.18%) Hedge funds
6 2 (18.18%) Amazon AWS
6 2 (18.18%) OTC Derivatives
7 1 (9.09%) Virtual Team
7 1 (9.09%) Resource Allocation
7 1 (9.09%) Bash Shell
7 1 (9.09%) SciPy
7 1 (9.09%) NumPy
7 1 (9.09%) Portfolio Management
7 1 (9.09%) Pandas
7 1 (9.09%) Systematic Trading
7 1 (9.09%) Front Arena

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 (9.09%) Front Arena
Cloud Services
1 2 (18.18%) Amazon AWS
Database & Business Intelligence
1 2 (18.18%) SQL Server
General
1 9 (81.82%) Front Office
2 6 (54.55%) Finance
3 5 (45.45%) Back Office
Job Titles
1 7 (63.64%) Analyst
2 6 (54.55%) Business Analyst
3 5 (45.45%) MiFID Business Analyst
4 3 (27.27%) Developer
5 2 (18.18%) C# Developer
6 1 (9.09%) Applications Support
6 1 (9.09%) Applications Support Analyst
6 1 (9.09%) Business Manager
6 1 (9.09%) Derivatives Business Analyst
6 1 (9.09%) IT Manager
6 1 (9.09%) IT Project Manager
6 1 (9.09%) Project Manager
6 1 (9.09%) Python Developer
6 1 (9.09%) Quantitative Developer
6 1 (9.09%) Support Analyst
Libraries, Frameworks & Software Standards
1 2 (18.18%) .NET
1 2 (18.18%) WCF
1 2 (18.18%) WPF
2 1 (9.09%) NumPy
2 1 (9.09%) Pandas
2 1 (9.09%) SciPy
Miscellaneous
1 9 (81.82%) Derivative
2 8 (72.73%) Fixed Income
3 5 (45.45%) Equities
3 5 (45.45%) Interest Rate Derivative
4 2 (18.18%) Hedge funds
4 2 (18.18%) OTC Derivatives
5 1 (9.09%) Market Risk
5 1 (9.09%) Virtual Team
Operating Systems
1 1 (9.09%) Linux
Processes & Methodologies
1 2 (18.18%) DevOps
2 1 (9.09%) Business Analysis
2 1 (9.09%) Data Analysis
2 1 (9.09%) Investment Management
2 1 (9.09%) Portfolio Management
2 1 (9.09%) Release Management
2 1 (9.09%) Resource Allocation
2 1 (9.09%) Systematic Trading
2 1 (9.09%) User Acceptance Testing
2 1 (9.09%) Workflow
Programming Languages
1 3 (27.27%) C#
2 2 (18.18%) Python
2 2 (18.18%) SQL
3 1 (9.09%) Bash Shell
3 1 (9.09%) Perl
Quality Assurance & Compliance
1 5 (45.45%) Dodd-Frank
1 5 (45.45%) EMIR
1 5 (45.45%) MiFID
Vendors
1 1 (9.09%) SunGard