The table below looks at the prevalence of the term Swaptions in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Swaptions over the 3 months to 27 March 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
England / London
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 391 425 395
Rank change year-on-year +34 -30  
Contract jobs citing Swaptions 7 6 20
As % of all contract IT jobs advertised in London 0.036% 0.027% 0.093%
As % of the Miscellaneous category 0.10% 0.078% 0.26%
Number of daily rates quoted 5 6 16
Median daily rate £581 £625 £625
Median daily rate % change year-on-year -7.12% -  
90% offered a daily rate of more than £540 £600 £550
10% offered a daily rate of more than £655 £688 £650
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding 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 London with a requirement for generic IT skills.

Generic IT Skills
London
Contract job vacancies with a requirement for generic IT skills 6799 7660 7621
As % of all contract IT job vacancies advertised in London 35.12% 34.59% 35.42%
Number of daily rates quoted 4739 5446 5176
Median daily rate £500 £475 £463
Median daily rate % change year-on-year +5.26% +2.70%  
90% offered a daily rate of more than £313 £299 £290
10% offered a daily rate of more than £650 £650 £640
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 123 120 143
Median hourly rate £28.35 £20.00 £18.85
Median hourly rate % change year-on-year +41.76% +6.07%  
90% offered a hourly rate of more than £13.85 £12.50 £13.25
10% offered a hourly rate of more than £55.00 £42.10 £40.00
UK excluding London median hourly rate £18.68 £27.75 £18.75
% change year-on-year -32.68% +48.00%  

Swaptions
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Swaptions as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Swaptions in London

Swaptions
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Swaptions in London

Swaptions
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Swaptions in London over the 3 months to 27 March 2017.

Contractor daily rate histogram for Swaptions in London

Swaptions
Top 30 Co-occurring IT Skills in London

For the 6 months to 27 March 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 London region with a requirement for Swaptions.

1 11 (78.57%) Fixed Income
2 10 (71.43%) Derivative
2 10 (71.43%) Front Office
3 9 (64.29%) Finance
4 7 (50.00%) C#
5 6 (42.86%) .NET
5 6 (42.86%) Interest Rate Derivative
6 5 (35.71%) MiFID
6 5 (35.71%) WCF
6 5 (35.71%) WPF
6 5 (35.71%) Equities
6 5 (35.71%) EMIR
6 5 (35.71%) Dodd-Frank
6 5 (35.71%) SQL Server
6 5 (35.71%) Back Office
7 4 (28.57%) C++
7 4 (28.57%) DevOps
8 3 (21.43%) WinForms
8 3 (21.43%) MVVM
8 3 (21.43%) VBA
8 3 (21.43%) XAML
8 3 (21.43%) Risk Management
9 2 (14.29%) SQL
9 2 (14.29%) Python
9 2 (14.29%) Continuous Integration
9 2 (14.29%) Automated Testing
9 2 (14.29%) Amazon AWS
9 2 (14.29%) TDD
9 2 (14.29%) Banking
9 2 (14.29%) Continuous Delivery

Swaptions
Co-occurring IT Skills in 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:

Application Platforms
1 1 (7.14%) CMS
Applications
1 1 (7.14%) MS Excel
1 1 (7.14%) Spreadsheet
Business Applications
1 1 (7.14%) Front Arena
Cloud Services
1 2 (14.29%) Amazon AWS
Database & Business Intelligence
1 5 (35.71%) SQL Server
General
1 10 (71.43%) Front Office
2 9 (64.29%) Finance
3 5 (35.71%) Back Office
4 2 (14.29%) Banking
Job Titles
1 8 (57.14%) Analyst
2 7 (50.00%) Business Analyst
3 6 (42.86%) C# Developer
3 6 (42.86%) Developer
4 5 (35.71%) MiFID Business Analyst
5 4 (28.57%) .NET Developer
5 4 (28.57%) C# .NET Developer
6 2 (14.29%) Business Manager
6 2 (14.29%) Front Office Developer
7 1 (7.14%) Applications Support
7 1 (7.14%) Applications Support Analyst
7 1 (7.14%) C++ Developer
7 1 (7.14%) C++ Quantitative Developer
7 1 (7.14%) C++/C# Developer
7 1 (7.14%) Project Analyst
7 1 (7.14%) Project Manager
7 1 (7.14%) Python Developer
7 1 (7.14%) Senior C# .NET Developer
7 1 (7.14%) Senior Developer
7 1 (7.14%) Support Analyst
Libraries, Frameworks & Software Standards
1 6 (42.86%) .NET
2 5 (35.71%) WCF
2 5 (35.71%) WPF
3 3 (21.43%) WinForms
4 1 (7.14%) Boost C++ Libraries
4 1 (7.14%) STL
4 1 (7.14%) XML
Miscellaneous
1 11 (78.57%) Fixed Income
2 10 (71.43%) Derivative
3 6 (42.86%) Interest Rate Derivative
4 5 (35.71%) Equities
5 2 (14.29%) OTC Derivatives
6 1 (7.14%) Analytical Skills
6 1 (7.14%) Foreign Exchange (FX)
6 1 (7.14%) Hedge funds
6 1 (7.14%) Market Risk
6 1 (7.14%) Virtual Team
Operating Systems
1 1 (7.14%) Linux
1 1 (7.14%) Windows
Processes & Methodologies
1 4 (28.57%) DevOps
2 3 (21.43%) MVVM
2 3 (21.43%) Risk Management
3 2 (14.29%) Automated Testing
3 2 (14.29%) Continuous Delivery
3 2 (14.29%) Continuous Integration
3 2 (14.29%) TDD
4 1 (7.14%) Agile Software Development
4 1 (7.14%) Analytics
4 1 (7.14%) Asset Management
4 1 (7.14%) Business Analysis
4 1 (7.14%) Data Analysis
4 1 (7.14%) Fund Management
4 1 (7.14%) Investment Management
4 1 (7.14%) Portfolio Management
4 1 (7.14%) Release Management
4 1 (7.14%) Risk Analytics
4 1 (7.14%) User Acceptance Testing
4 1 (7.14%) Workflow
Programming Languages
1 7 (50.00%) C#
2 4 (28.57%) C++
3 3 (21.43%) VBA
3 3 (21.43%) XAML
4 2 (14.29%) Python
4 2 (14.29%) SQL
5 1 (7.14%) Bash Shell
5 1 (7.14%) Perl
Quality Assurance & Compliance
1 5 (35.71%) Dodd-Frank
1 5 (35.71%) EMIR
1 5 (35.71%) MiFID
Vendors
1 1 (7.14%) Microsoft
1 1 (7.14%) SunGard