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 3 months to 29 June 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
London > City of London
3 months to
29 Jun 2017
Same period 2016 Same period 2015
Rank - 162 208
Contract jobs citing Swaptions 0 1 2
As % of all contract IT jobs advertised in the City of London - 0.030% 0.034%
As % of the Miscellaneous category - 0.076% 0.089%
Number of daily rates quoted 0 1 2
City of London median daily rate - £513 £625
Median daily rate % change year-on-year - -18.00%  
London median daily rate £625 £525 £575
% change year-on-year +19.04% -8.69%  
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
London median hourly rate - - -

Swaptions is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1363 1318 2239
As % of all contract IT job vacancies advertised in the City of London 41.71% 39.44% 38.39%
Number of daily rates quoted 1561 1590 2607
City of London median daily rate £535 £475 £475
Median daily rate % change year-on-year +12.63% -  
10th Percentile £313 £300 £275
90th Percentile £700 £675 £664
London median daily rate £520 £475 £475
% change year-on-year +9.47% -  
Number of hourly rates quoted 26 35 57
City of London median hourly rate £18.70 £17.50 £21.50
Median hourly rate % change year-on-year +6.82% -18.60%  
10th Percentile £12.52 £11.25 £15.08
90th Percentile £22.86 £73.00 £58.90
London median hourly rate £21.30 £20.13 £20.00
% change year-on-year +5.81% +0.65%  

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