Period
to 25 May 2018

The table below looks at the prevalence of the term Swaptions in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Swaptions over the 6 months to 25 May 2018 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
UK > England
6 months to
25 May 2018
Same period 2017 Same period 2016
Rank 828 775 850
Rank change year-on-year -53 +75 -54
Contract jobs citing Swaptions 21 25 10
As % of all contract IT jobs advertised in England 0.023% 0.030% 0.010%
As % of the Miscellaneous category 0.066% 0.088% 0.030%
Number of daily rates quoted 19 18 10
England median daily rate £625 £625 £600
Median daily rate % change year-on-year - +4.17% -4.00%
10th Percentile £507 £524 £533
90th Percentile £725 £713 £696
UK median daily rate £625 £625 £600
% change year-on-year - +4.17% -4.00%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK 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 England with a requirement for generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 31,597 28,345 32,838
As % of all contract IT jobs advertised in England 34.05% 33.93% 33.74%
Number of daily rates quoted 20,885 18,500 21,735
England median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.56% +5.88% +3.66%
10th Percentile £275 £263 £250
90th Percentile £663 £638 £625
UK median daily rate £450 £440 £425
% change year-on-year +2.27% +3.53% +6.25%
Number of hourly rates quoted 996 997 1,097
England median hourly rate £22.50 £20.00 £21.00
Median hourly rate % change year-on-year +12.50% -4.76% +17.55%
10th Percentile £11.78 £11.25 £11.45
90th Percentile £52.50 £50.00 £48.75
UK median hourly rate £22.42 £20.50 £21.00
% change year-on-year +9.37% -2.38% +16.80%

Swaptions
Job Vacancy Trend in England

Job postings citing Swaptions as a percentage of all IT jobs advertised in England.

Job vacancy trend for Swaptions in England

Swaptions
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Swaptions in England

Swaptions
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing Swaptions in England over the 6 months to 25 May 2018.

Contractor daily rate histogram for Swaptions in England

Swaptions
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Swaptions within the England region over the 6 months to 25 May 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -54 21 £625 -
Swaptions
UK

For the 6 months to 25 May 2018, IT contractor jobs citing Swaptions also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region with a requirement for Swaptions.

1 13 (61.90%) Finance
2 10 (47.62%) Front Office
3 9 (42.86%) Validation
4 7 (33.33%) C#
4 7 (33.33%) C++
4 7 (33.33%) Microsoft Excel
4 7 (33.33%) Foreign Exchange (FX)
5 6 (28.57%) Banking
6 5 (23.81%) Analytics
6 5 (23.81%) Greeks
6 5 (23.81%) Degree
6 5 (23.81%) Java
7 4 (19.05%) VBA
7 4 (19.05%) Stakeholder Management
7 4 (19.05%) Business Analysis
8 3 (14.29%) Analytical Skills
8 3 (14.29%) Algorithms
8 3 (14.29%) User Acceptance Testing
8 3 (14.29%) Management Information System
8 3 (14.29%) Derivative
8 3 (14.29%) Microsoft Office
8 3 (14.29%) Microsoft
9 2 (9.52%) Project Management
9 2 (9.52%) MS Visio
9 2 (9.52%) C
9 2 (9.52%) Python
9 2 (9.52%) Crystal Reports
9 2 (9.52%) Scrum
9 2 (9.52%) Fixed Income
9 2 (9.52%) Programme Management

Swaptions
Co-occurring IT Skills in England 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:

Application Platforms
1 1 (4.76%) IBM Notes
Applications
1 7 (33.33%) Microsoft Excel
2 3 (14.29%) Microsoft Office
3 2 (9.52%) Microsoft PowerPoint
3 2 (9.52%) MS Visio
4 1 (4.76%) Microsoft Project
Database & Business Intelligence
1 2 (9.52%) Crystal Reports
General
1 13 (61.90%) Finance
2 10 (47.62%) Front Office
3 6 (28.57%) Banking
4 2 (9.52%) Investment Banking
5 1 (4.76%) Financial Institution
5 1 (4.76%) Legal
Job Titles
1 15 (71.43%) Analyst
2 10 (47.62%) Developer
2 10 (47.62%) Quantitative Developer
3 7 (33.33%) Business Analyst
4 6 (28.57%) Qualitative Analyst
4 6 (28.57%) Quantitative Analyst
5 5 (23.81%) Java Developer
5 5 (23.81%) Java Quantitative Developer
6 4 (19.05%) Analyst Developer
6 4 (19.05%) C# Developer
6 4 (19.05%) C# Quant Developer
6 4 (19.05%) Quantitative Analyst Developer
7 2 (9.52%) C++ Analyst Developer
7 2 (9.52%) C++ Quantitative Developer
7 2 (9.52%) Cash Management Business Analyst
7 2 (9.52%) FX Business Analyst
7 2 (9.52%) IT Analyst
7 2 (9.52%) IT Business Analyst
7 2 (9.52%) Python Developer
7 2 (9.52%) Treasury Business Analyst
Miscellaneous
1 7 (33.33%) Foreign Exchange (FX)
2 3 (14.29%) Algorithms
2 3 (14.29%) Analytical Skills
2 3 (14.29%) Derivative
2 3 (14.29%) Management Information System
3 2 (9.52%) Fixed Income
3 2 (9.52%) Interest Rate Derivative
3 2 (9.52%) Market Risk
4 1 (4.76%) Computer Science
4 1 (4.76%) Contract for Difference
4 1 (4.76%) Credit Derivative
Processes & Methodologies
1 9 (42.86%) Validation
2 5 (23.81%) Analytics
2 5 (23.81%) Greeks
3 4 (19.05%) Business Analysis
3 4 (19.05%) Stakeholder Management
4 3 (14.29%) User Acceptance Testing
5 2 (9.52%) Acceptance Criteria
5 2 (9.52%) Agile Software Development
5 2 (9.52%) Cash Management
5 2 (9.52%) Change Control
5 2 (9.52%) Functional Testing
5 2 (9.52%) Programme Management
5 2 (9.52%) Project Governance
5 2 (9.52%) Project Management
5 2 (9.52%) Quantitative Analysis
5 2 (9.52%) Requirements Management
5 2 (9.52%) Risk Analytics
5 2 (9.52%) Risk Management
5 2 (9.52%) Scrum
5 2 (9.52%) User Stories
Programming Languages
1 7 (33.33%) C#
1 7 (33.33%) C++
2 5 (23.81%) Java
3 4 (19.05%) VBA
4 2 (9.52%) C
4 2 (9.52%) Python
Qualifications
1 5 (23.81%) Degree
2 1 (4.76%) Computer Science Degree
2 1 (4.76%) Master's Degree
2 1 (4.76%) Numerate Degree
Quality Assurance & Compliance
1 1 (4.76%) EMIR
1 1 (4.76%) MiFID
Systems Management
1 1 (4.76%) HP Quality Center
Vendors
1 3 (14.29%) Microsoft
2 1 (4.76%) Calypso
2 1 (4.76%) Lotus
2 1 (4.76%) Murex