Period
to 19 November 2017

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 6 months to 19 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
England > London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 605 595 585
Rank change year-on-year -10 -10 +12
Contract jobs citing Swaptions 29 12 17
As % of all contract IT jobs advertised in London 0.063% 0.027% 0.036%
As % of the Miscellaneous category 0.16% 0.073% 0.097%
Number of daily rates quoted 28 12 17
London median daily rate £625 £550 £575
Median daily rate % change year-on-year +13.64% -4.35% +4.55%
10th Percentile £521 £496 £466
90th Percentile £695 £701 £660
England median daily rate £625 £550 £575
% change year-on-year +13.64% -4.35% +4.55%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 London with a requirement for generic IT skills.

All Generic IT Skills
London
Contract vacancies with a requirement for generic IT skills 18046 16517 17527
As % of all contract IT jobs advertised in London 39.04% 36.78% 37.27%
Number of daily rates quoted 12925 11718 12317
London median daily rate £500 £475 £451
Median daily rate % change year-on-year +5.26% +5.44% +0.11%
10th Percentile £313 £293 £275
90th Percentile £675 £650 £650
England median daily rate £450 £425 £425
% change year-on-year +5.88% - +6.25%
Number of hourly rates quoted 219 250 308
London median hourly rate £21.30 £20.00 £20.00
Median hourly rate % change year-on-year +6.50% - +11.11%
10th Percentile £12.75 £12.00 £12.01
90th Percentile £47.50 £50.00 £50.00
England median hourly rate £20.50 £20.75 £19.03
% change year-on-year -1.20% +9.04% +5.72%

Swaptions
Job Vacancy Trend in London

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

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 6 months to 19 November 2017.

Contractor daily rate histogram for Swaptions in London

Swaptions
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Swaptions within the London region over the 6 months to 19 November 2017. 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
Central London -2 10 £563 +2.27%
Swaptions
England

For the 6 months to 19 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 London region with a requirement for Swaptions.

1 27 (93.10%) Derivative
2 26 (89.66%) Front Office
3 22 (75.86%) Fixed Income
3 22 (75.86%) C#
4 20 (68.97%) Foreign Exchange (FX)
5 19 (65.52%) .NET
5 19 (65.52%) Interest Rate Derivative
6 18 (62.07%) Agile Software Development
6 18 (62.07%) Microsoft
7 15 (51.72%) Microsoft Excel
7 15 (51.72%) C++
7 15 (51.72%) XML
7 15 (51.72%) Windows
7 15 (51.72%) Finance
7 15 (51.72%) Analytics
7 15 (51.72%) Analytical Skills
8 14 (48.28%) Risk Analytics
8 14 (48.28%) Windows 7
8 14 (48.28%) Boost C++ Libraries
8 14 (48.28%) Python
8 14 (48.28%) CMS
8 14 (48.28%) STL
9 12 (41.38%) Spreadsheet
10 11 (37.93%) Quantitative Research
11 9 (31.03%) Equities
12 8 (27.59%) Equity Derivative
12 8 (27.59%) MiFID
13 7 (24.14%) Back Office
13 7 (24.14%) Business Analysis
14 6 (20.69%) Market Surveillance

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 14 (48.28%) CMS
Applications
1 15 (51.72%) Microsoft Excel
2 12 (41.38%) Spreadsheet
3 4 (13.79%) MS Visio
Database & Business Intelligence
1 2 (6.90%) SQL Server
2 1 (3.45%) SQL Server 2014
2 1 (3.45%) SQL Server Reporting Services
Development Applications
1 1 (3.45%) JIRA
1 1 (3.45%) Team Foundation Server
General
1 26 (89.66%) Front Office
2 15 (51.72%) Finance
3 7 (24.14%) Back Office
4 1 (3.45%) Banking
Job Titles
1 20 (68.97%) Developer
2 14 (48.28%) C++ Developer
3 13 (44.83%) Front Office Developer
4 11 (37.93%) Analytics Developer
4 11 (37.93%) C++ Pricing Developer
4 11 (37.93%) Front Office C++ Developer
4 11 (37.93%) Pricing Developer
5 8 (27.59%) Analyst
6 7 (24.14%) Business Analyst
7 5 (17.24%) C# Developer
8 4 (13.79%) Quantitative Developer
9 3 (10.34%) Business Integration Analyst
9 3 (10.34%) C# WCF Developer
9 3 (10.34%) C++ Quantitative Developer
9 3 (10.34%) Integration Analyst
9 3 (10.34%) Technical Analyst
9 3 (10.34%) Technical Business Analyst
9 3 (10.34%) WCF Developer
10 2 (6.90%) Front Office Business Analyst
10 2 (6.90%) WPF Developer
Libraries, Frameworks & Software Standards
1 19 (65.52%) .NET
2 15 (51.72%) XML
3 14 (48.28%) Boost C++ Libraries
3 14 (48.28%) STL
4 5 (17.24%) WCF
5 3 (10.34%) .NET Framework
5 3 (10.34%) WPF
6 2 (6.90%) WinForms
7 1 (3.45%) FpML
7 1 (3.45%) MXML
Miscellaneous
1 27 (93.10%) Derivative
2 22 (75.86%) Fixed Income
3 20 (68.97%) Foreign Exchange (FX)
4 19 (65.52%) Interest Rate Derivative
5 15 (51.72%) Analytical Skills
6 9 (31.03%) Equities
7 8 (27.59%) Equity Derivative
8 3 (10.34%) OTC Derivatives
9 1 (3.45%) Computer Science
9 1 (3.45%) Data Structures
9 1 (3.45%) Exotic Derivative
9 1 (3.45%) Fintech
9 1 (3.45%) Market Risk
Operating Systems
1 15 (51.72%) Windows
2 14 (48.28%) Windows 7
Processes & Methodologies
1 18 (62.07%) Agile Software Development
2 15 (51.72%) Analytics
3 14 (48.28%) Risk Analytics
4 11 (37.93%) Quantitative Research
5 7 (24.14%) Business Analysis
6 6 (20.69%) Market Surveillance
7 4 (13.79%) BPMN
7 4 (13.79%) Investment Management
7 4 (13.79%) Waterfall
8 3 (10.34%) Portfolio Management
8 3 (10.34%) Project Management
8 3 (10.34%) TDD
9 2 (6.90%) Data Integration
9 2 (6.90%) Test Management
10 1 (3.45%) Analytical Thinking
10 1 (3.45%) Data Visualisation
10 1 (3.45%) Monte Carlo Method
10 1 (3.45%) Statistical Modelling
10 1 (3.45%) Stochastic Calculus
10 1 (3.45%) Visualisation
Programming Languages
1 22 (75.86%) C#
2 15 (51.72%) C++
3 14 (48.28%) Python
4 5 (17.24%) SQL
5 1 (3.45%) Java
Quality Assurance & Compliance
1 8 (27.59%) MiFID
2 6 (20.69%) EMIR
3 3 (10.34%) QA
4 1 (3.45%) Dodd-Frank
4 1 (3.45%) Sarbanes-Oxley
Systems Management
1 1 (3.45%) HP Quality Center
Vendors
1 18 (62.07%) Microsoft
2 4 (13.79%) Bloomberg
3 1 (3.45%) DevExpress
3 1 (3.45%) Murex
3 1 (3.45%) Reuters