Period
to 22 November 2017

The table below looks at the prevalence of the term Swaptions in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Swaptions over the 6 months to 22 November 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Swaptions
Central London > City of London
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 247 238 265
Rank change year-on-year -9 +27 +32
Contract jobs citing Swaptions 10 6 6
As % of all contract IT jobs advertised in the City of London 0.14% 0.090% 0.067%
As % of the Miscellaneous category 0.32% 0.22% 0.17%
Number of daily rates quoted 10 6 6
City of London median daily rate £563 £550 £588
Median daily rate % change year-on-year +2.27% -6.38% -6.00%
10th Percentile £486 £509 £366
90th Percentile £663 £581 £644
Central London median daily rate £563 £550 £588
% change year-on-year +2.27% -6.38% -6.00%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Swaptions is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 3112 2751 3550
As % of all contract IT jobs advertised in the City of London 43.48% 41.08% 39.51%
Number of daily rates quoted 2420 2144 2819
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £725 £675 £663
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 36 30 54
City of London median hourly rate £22.26 £19.00 £19.75
Median hourly rate % change year-on-year +17.14% -3.80% +12.86%
10th Percentile £12.88 £11.25 £12.00
90th Percentile £33.25 £55.00 £42.17
Central London median hourly rate £21.31 £18.45 £20.00
% change year-on-year +15.51% -7.75% +14.29%

Swaptions
Job Vacancy Trend in the City of London

Job postings citing Swaptions as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Swaptions in the City of London

Swaptions
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Swaptions in the City of London.

Contractor daily rate trend for Swaptions in the City of London

Swaptions
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Swaptions in the City of London over the 6 months to 22 November 2017.

Contractor daily rate histogram for Swaptions in the City of London

For the 6 months to 22 November 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 across the City of London region with a requirement for Swaptions.

1 10 (100.00%) Front Office
1 10 (100.00%) Finance
1 10 (100.00%) Derivative
2 7 (70.00%) Equity Derivative
2 7 (70.00%) Fixed Income
3 6 (60.00%) Interest Rate Derivative
3 6 (60.00%) Business Analysis
3 6 (60.00%) Equities
3 6 (60.00%) MiFID
4 5 (50.00%) EMIR
4 5 (50.00%) Market Surveillance
4 5 (50.00%) Back Office
5 4 (40.00%) Foreign Exchange (FX)
5 4 (40.00%) C#
5 4 (40.00%) Investment Management
6 3 (30.00%) BPMN
6 3 (30.00%) QA
6 3 (30.00%) Waterfall
6 3 (30.00%) Portfolio Management
6 3 (30.00%) WCF
6 3 (30.00%) WPF
6 3 (30.00%) OTC Derivatives
6 3 (30.00%) SQL
6 3 (30.00%) .NET
6 3 (30.00%) MS Visio
6 3 (30.00%) Microsoft
6 3 (30.00%) Bloomberg
6 3 (30.00%) Agile Software Development
6 3 (30.00%) Project Management
7 2 (20.00%) .NET Framework

Swaptions
Co-occurring IT Skills in the City of 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 (30.00%) MS Visio
General
1 10 (100.00%) Finance
1 10 (100.00%) Front Office
2 5 (50.00%) Back Office
3 1 (10.00%) Banking
Job Titles
1 6 (60.00%) Analyst
1 6 (60.00%) Business Analyst
2 3 (30.00%) Business Integration Analyst
2 3 (30.00%) C# Developer
2 3 (30.00%) Developer
2 3 (30.00%) Integration Analyst
2 3 (30.00%) Technical Analyst
2 3 (30.00%) Technical Business Analyst
3 2 (20.00%) .NET Developer
3 2 (20.00%) C# .NET Developer
3 2 (20.00%) C# WCF Developer
3 2 (20.00%) C# WPF Developer
3 2 (20.00%) Front Office Business Analyst
3 2 (20.00%) Front Office Developer
3 2 (20.00%) WCF Developer
3 2 (20.00%) WPF Developer
4 1 (10.00%) Commodities Business Analyst
Libraries, Frameworks & Software Standards
1 3 (30.00%) .NET
1 3 (30.00%) WCF
1 3 (30.00%) WPF
2 2 (20.00%) .NET Framework
2 2 (20.00%) WinForms
Miscellaneous
1 10 (100.00%) Derivative
2 7 (70.00%) Equity Derivative
2 7 (70.00%) Fixed Income
3 6 (60.00%) Equities
3 6 (60.00%) Interest Rate Derivative
4 4 (40.00%) Foreign Exchange (FX)
5 3 (30.00%) OTC Derivatives
6 1 (10.00%) Computer Science
6 1 (10.00%) Exotic Derivative
6 1 (10.00%) Market Risk
Processes & Methodologies
1 6 (60.00%) Business Analysis
2 5 (50.00%) Market Surveillance
3 4 (40.00%) Investment Management
4 3 (30.00%) Agile Software Development
4 3 (30.00%) BPMN
4 3 (30.00%) Portfolio Management
4 3 (30.00%) Project Management
4 3 (30.00%) Waterfall
5 2 (20.00%) TDD
6 1 (10.00%) Benchmarking
6 1 (10.00%) Economics
6 1 (10.00%) Fund Management
6 1 (10.00%) Mathematics
6 1 (10.00%) Monte Carlo Method
6 1 (10.00%) Risk Management
6 1 (10.00%) Service Delivery
6 1 (10.00%) Statistics
6 1 (10.00%) Stochastic Calculus
6 1 (10.00%) Validation
6 1 (10.00%) Wealth Management
Programming Languages
1 4 (40.00%) C#
2 3 (30.00%) SQL
Quality Assurance & Compliance
1 6 (60.00%) MiFID
2 5 (50.00%) EMIR
3 3 (30.00%) QA
Vendors
1 3 (30.00%) Bloomberg
1 3 (30.00%) Microsoft