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 28 February 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
28 Feb 2017
Same period 2016 Same period 2015
Swaptions
UK
Rank 580 628 588
Rank change year-on-year
+48 -40
Contract jobs citing Swaptions 11 7 18
As % of all contract IT jobs located in the UK 0.024% 0.014% 0.035%
As % of the Miscellaneous category 0.077% 0.044% 0.12%
Number of daily rates quoted 4 7 14
Median daily rate £560 £600 £625
Median daily rate % change year-on-year
-6.62% -4.00%
90% offered a daily rate of more than £540 £600 £550
10% offered a daily rate of more than £629 £685 £650
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
14251 15759 15507
As % of all contract IT jobs located in the UK 31.31% 30.77% 30.04%
Number of daily rates quoted 9205 10180 9503
Median daily rate £450 £425 £425
Median daily rate % change year-on-year
+5.88% -
90% offered a daily rate of more than £265 £250 £250
10% offered a daily rate of more than £625 £613 £600
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 541 569 631
Median hourly rate £20.50 £22.00 £18.50
Median hourly rate % change year-on-year
-6.81% +18.91%
90% offered a hourly rate of more than £11.33 £12.50 £11.74
10% offered a hourly rate of more than £50.00 £52.63 £44.50
UK excluding London median hourly rate £17.50 £24.00 £18.00
% change year-on-year
-27.08% +33.33%

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 28 February 2017.

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 28 February 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
London +22 11 £560 -6.62%
England +22 11 £560 -6.62%

Swaptions
Top 30 Related IT Skills

For the 6 months to 28 February 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 10 (76.92%) Front Office
1 10 (76.92%) Fixed Income
2 9 (69.23%) Finance
3 8 (61.54%) Derivative
4 6 (46.15%) C#
5 5 (38.46%) Equities
5 5 (38.46%) .NET
5 5 (38.46%) SQL Server
5 5 (38.46%) Back Office
5 5 (38.46%) Interest Rate Derivative
5 5 (38.46%) MiFID
5 5 (38.46%) WCF
5 5 (38.46%) WPF
5 5 (38.46%) EMIR
5 5 (38.46%) Dodd-Frank
6 4 (30.77%) DevOps
7 3 (23.08%) MVVM
7 3 (23.08%) XAML
7 3 (23.08%) Risk Management
7 3 (23.08%) C++
7 3 (23.08%) VBA
7 3 (23.08%) WinForms
8 2 (15.38%) Automated Testing
8 2 (15.38%) TDD
8 2 (15.38%) Banking
8 2 (15.38%) SQL
8 2 (15.38%) Python
8 2 (15.38%) Hedge funds
8 2 (15.38%) Continuous Integration
8 2 (15.38%) Amazon AWS

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 (7.69%) Front Arena
Cloud Services
1 2 (15.38%) Amazon AWS
Database & Business Intelligence
1 5 (38.46%) SQL Server
General
1 10 (76.92%) Front Office
2 9 (69.23%) Finance
3 5 (38.46%) Back Office
4 2 (15.38%) Banking
Job Titles
1 7 (53.85%) Analyst
2 6 (46.15%) Business Analyst
2 6 (46.15%) Developer
3 5 (38.46%) C# Developer
3 5 (38.46%) MiFID Business Analyst
4 3 (23.08%) .NET Developer
4 3 (23.08%) C# .NET Developer
5 2 (15.38%) Front Office Developer
6 1 (7.69%) Applications Support
6 1 (7.69%) Applications Support Analyst
6 1 (7.69%) Business Manager
6 1 (7.69%) Derivatives Business Analyst
6 1 (7.69%) Python Developer
6 1 (7.69%) Quantitative Developer
6 1 (7.69%) Senior .NET Developer
6 1 (7.69%) Senior C# .NET Developer
6 1 (7.69%) Senior C# Developer
6 1 (7.69%) Senior Developer
6 1 (7.69%) Support Analyst
Libraries, Frameworks & Software Standards
1 5 (38.46%) .NET
1 5 (38.46%) WCF
1 5 (38.46%) WPF
2 3 (23.08%) WinForms
3 1 (7.69%) NumPy
3 1 (7.69%) Pandas
3 1 (7.69%) SciPy
Miscellaneous
1 10 (76.92%) Fixed Income
2 8 (61.54%) Derivative
3 5 (38.46%) Equities
3 5 (38.46%) Interest Rate Derivative
4 2 (15.38%) Hedge funds
5 1 (7.69%) Market Risk
5 1 (7.69%) OTC Derivatives
5 1 (7.69%) Virtual Team
Operating Systems
1 1 (7.69%) Linux
Processes & Methodologies
1 4 (30.77%) DevOps
2 3 (23.08%) MVVM
2 3 (23.08%) Risk Management
3 2 (15.38%) Automated Testing
3 2 (15.38%) Continuous Delivery
3 2 (15.38%) Continuous Integration
3 2 (15.38%) TDD
4 1 (7.69%) Business Analysis
4 1 (7.69%) Data Analysis
4 1 (7.69%) Investment Management
4 1 (7.69%) Portfolio Management
4 1 (7.69%) Release Management
4 1 (7.69%) Systematic Trading
4 1 (7.69%) User Acceptance Testing
4 1 (7.69%) Workflow
Programming Languages
1 6 (46.15%) C#
2 3 (23.08%) C++
2 3 (23.08%) VBA
2 3 (23.08%) XAML
3 2 (15.38%) Python
3 2 (15.38%) SQL
4 1 (7.69%) Bash Shell
4 1 (7.69%) Perl
Quality Assurance & Compliance
1 5 (38.46%) Dodd-Frank
1 5 (38.46%) EMIR
1 5 (38.46%) MiFID
Vendors
1 1 (7.69%) SunGard