The table below looks at the prevalence of the term Swaptions in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Swaptions over the 3 months to 25 April 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
UK
3 months to
25 Apr 2017
Same period 2016 Same period 2015
Rank 594 649 626
Rank change year-on-year +55 -23  
Contract jobs citing Swaptions 10 4 22
As % of all contract IT jobs advertised in the UK 0.022% 0.007% 0.039%
As % of the Miscellaneous category 0.065% 0.022% 0.12%
Number of daily rates quoted 10 4 18
Median daily rate £625 £595 £625
Median daily rate % change year-on-year +5.04% -4.80%  
90% offered a daily rate of more than £540 £565 £550
10% offered a daily rate of more than £630 £678 £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 with a requirement for generic IT skills.

Generic IT Skills
UK
Contract job vacancies with a requirement for generic IT skills 15402 18193 18036
As % of all contract IT job vacancies advertised in the UK 33.23% 32.56% 31.78%
Number of daily rates quoted 10067 11961 11025
Median daily rate £450 £425 £423
Median daily rate % change year-on-year +5.88% +0.59%  
90% offered a daily rate of more than £275 £275 £250
10% offered a daily rate of more than £625 £613 £600
UK excluding London median daily rate £400 £385 £375
% change year-on-year +3.89% +2.66%  
Number of hourly rates quoted 506 567 687
Median hourly rate £25.00 £23.00 £18.70
Median hourly rate % change year-on-year +8.69% +22.99%  
90% offered a hourly rate of more than £11.50 £12.00 £11.50
10% offered a hourly rate of more than £50.00 £47.35 £45.00
UK excluding London median hourly rate £25.00 £23.00 £18.50
% change year-on-year +8.69% +24.32%  

Swaptions
Job Vacancy Trend

The job posting trend of jobs advertised 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 the UK

Swaptions
Contractor Daily Rate Trend

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

Contractor daily rate trend for Swaptions in the UK

Swaptions
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Swaptions over the 3 months to 25 April 2017.

Contractor daily rate histogram for Swaptions in the UK

Swaptions
Top 2 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Swaptions within the UK over the 3 months to 25 April 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England +44 10 £625 +5.04% 3
London +35 10 £625 +5.04% 3

For the 6 months to 25 April 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 with a requirement for Swaptions.

1 15 (78.95%) Fixed Income
1 15 (78.95%) Derivative
2 11 (57.89%) Front Office
2 11 (57.89%) C#
3 10 (52.63%) .NET
3 10 (52.63%) Interest Rate Derivative
4 9 (47.37%) Finance
4 9 (47.37%) Microsoft Excel
5 8 (42.11%) C++
6 6 (31.58%) Equities
6 6 (31.58%) Python
6 6 (31.58%) MiFID
7 5 (26.32%) WCF
7 5 (26.32%) WPF
7 5 (26.32%) Spreadsheet
7 5 (26.32%) Boost C++ Libraries
7 5 (26.32%) Agile Software Development
7 5 (26.32%) CMS
7 5 (26.32%) Back Office
7 5 (26.32%) SQL Server
7 5 (26.32%) STL
7 5 (26.32%) XML
7 5 (26.32%) Windows
7 5 (26.32%) Microsoft
7 5 (26.32%) Foreign Exchange (FX)
7 5 (26.32%) Analytical Skills
7 5 (26.32%) Quantitative Research
7 5 (26.32%) Risk Analytics
7 5 (26.32%) Analytics
7 5 (26.32%) EMIR

Swaptions
Co-occurring IT Skills 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 5 (26.32%) CMS
Applications
1 9 (47.37%) Microsoft Excel
2 5 (26.32%) Spreadsheet
Business Applications
1 1 (5.26%) Front Arena
Cloud Services
1 2 (10.53%) Amazon AWS
Database & Business Intelligence
1 5 (26.32%) SQL Server
General
1 11 (57.89%) Front Office
2 9 (47.37%) Finance
3 5 (26.32%) Back Office
4 3 (15.79%) Banking
5 1 (5.26%) Investment Banking
Job Titles
1 10 (52.63%) C# Developer
1 10 (52.63%) Developer
2 9 (47.37%) Analyst
3 8 (42.11%) .NET Developer
3 8 (42.11%) Business Analyst
3 8 (42.11%) C# .NET Developer
4 6 (31.58%) MiFID Business Analyst
5 5 (26.32%) C# Pricing Developer
5 5 (26.32%) C# Quant Developer
5 5 (26.32%) C++ Developer
5 5 (26.32%) C++ Pricing Developer
5 5 (26.32%) C++ Quantitative Developer
5 5 (26.32%) C++/C# Developer
5 5 (26.32%) Python Developer
5 5 (26.32%) Quantitative Developer
6 2 (10.53%) Business Manager
6 2 (10.53%) Derivatives Business Analyst
6 2 (10.53%) Front Office Developer
7 1 (5.26%) Applications Support Analyst
7 1 (5.26%) Banking Analyst
Libraries, Frameworks & Software Standards
1 10 (52.63%) .NET
2 5 (26.32%) Boost C++ Libraries
2 5 (26.32%) STL
2 5 (26.32%) WCF
2 5 (26.32%) WPF
2 5 (26.32%) XML
3 3 (15.79%) WinForms
Miscellaneous
1 15 (78.95%) Derivative
1 15 (78.95%) Fixed Income
2 10 (52.63%) Interest Rate Derivative
3 6 (31.58%) Equities
4 5 (26.32%) Analytical Skills
4 5 (26.32%) Foreign Exchange (FX)
5 2 (10.53%) OTC Derivatives
6 1 (5.26%) Equity Derivative
6 1 (5.26%) Hedge funds
6 1 (5.26%) Market Risk
6 1 (5.26%) Virtual Team
Operating Systems
1 5 (26.32%) Windows
2 1 (5.26%) Linux
Processes & Methodologies
1 5 (26.32%) Agile Software Development
1 5 (26.32%) Analytics
1 5 (26.32%) Quantitative Research
1 5 (26.32%) Risk Analytics
2 4 (21.05%) DevOps
3 3 (15.79%) MVVM
3 3 (15.79%) Risk Management
4 2 (10.53%) Automated Testing
4 2 (10.53%) Continuous Delivery
4 2 (10.53%) Continuous Integration
4 2 (10.53%) TDD
5 1 (5.26%) Asset Management
5 1 (5.26%) Business Analysis
5 1 (5.26%) Data Analysis
5 1 (5.26%) Fund Management
5 1 (5.26%) Investment Management
5 1 (5.26%) Portfolio Management
5 1 (5.26%) Release Management
5 1 (5.26%) User Acceptance Testing
5 1 (5.26%) Workflow
Programming Languages
1 11 (57.89%) C#
2 8 (42.11%) C++
3 6 (31.58%) Python
4 3 (15.79%) VBA
4 3 (15.79%) XAML
5 2 (10.53%) SQL
6 1 (5.26%) Bash Shell
6 1 (5.26%) Perl
Qualifications
1 1 (5.26%) Degree
Quality Assurance & Compliance
1 6 (31.58%) MiFID
2 5 (26.32%) Dodd-Frank
2 5 (26.32%) EMIR
Vendors
1 5 (26.32%) Microsoft
2 1 (5.26%) SunGard
London
Adlam Consulting Ltd
Rate: From £400 to £700 per day
Posted: 14 hours ago