The table below looks at the prevalence of the term Contract for Difference in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Contract for Difference over the 3 months to 27 August 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
27 Aug 2015
Same period 2014 Same period 2013
Contract for Difference (CFD)
Rank 192 - 226
Rank change year-on-year
- 0
Contract jobs citing Contract for Difference 9 0 3
As % of all contract IT jobs located in the City of London 0.17% - 0.041%
As % of the Miscellaneous category 0.45% - 0.11%
Number of daily rates quoted 9 0 3
Average daily rate
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£635 - £500
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Contract for Difference
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2011 2137 2841
As % of all contract IT jobs located in the City of London 37.96% 36.32% 38.68%
Number of daily rates quoted 1586 1499 2099
Average daily rate £475 £470 £500
Average daily rate % change year-on-year
+1.06% -6.00%
90% offered a daily rate of more than £298 £300 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 38 45 64
Average hourly rate £21.00 £19.00 £20.00
Average hourly rate % change year-on-year
+10.52% -5.00%
90% offered a hourly rate of more than £12.85 £12.50 £14.20
10% offered a hourly rate of more than £39.05 £36.50 £48.00
UK excluding London average hourly rate £21.50 £20.00 £17.50
% change year-on-year
+7.50% +14.28%

Contract for Difference
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Contract for Difference across the City of London region as a proportion of the total demand within the Miscellaneous category.

Contract for Difference Jobs Demand Trend in the City of London

Contract for Difference
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Contract for Difference across the City of London region.

Contract for Difference Daily Rate Trend in the City of London

Contract for Difference
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Contract for Difference across the City of London region over the 3 months to 27 August 2015.

Contract for Difference Daily Rate Histogram in the City of London

Contract for Difference
Top 30 Related IT Skills in the City of London

For the 6 months to 27 August 2015, IT contractor jobs across the City of London region citing Contract for Difference also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Contract for Difference.

1 10 (100.00%) Finance
1 10 (100.00%) Banking
1 10 (100.00%) Investment Banking
2 8 (80.00%) Stakeholder Management
2 8 (80.00%) Fixed Income
3 7 (70.00%) Risk Management
3 7 (70.00%) Derivative
3 7 (70.00%) Analytical Skills
3 7 (70.00%) Equities
4 4 (40.00%) Mentoring
4 4 (40.00%) Business Analysis
5 2 (20.00%) SQL Server Integration Services
5 2 (20.00%) MDX
5 2 (20.00%) SQL Server Analysis Services
5 2 (20.00%) SQL Server 2008
5 2 (20.00%) SQL Server Reporting Services
5 2 (20.00%) Financial Institution
5 2 (20.00%) C#
5 2 (20.00%) SQL
5 2 (20.00%) VB.NET
5 2 (20.00%) .NET
5 2 (20.00%) SQL Server
5 2 (20.00%) OLAP
5 2 (20.00%) Data Warehouse
5 2 (20.00%) Business Intelligence
5 2 (20.00%) Microsoft
5 2 (20.00%) Foreign Exchange (FX)
5 2 (20.00%) Tableau
5 2 (20.00%) Kimball Methodology
5 2 (20.00%) Relational Database

Contract for Difference
Top Related IT Skills in the City of London by Category

For the 6 months to 27 August 2015, IT contractor jobs across the City of London region citing Contract for Difference also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Contract for Difference. Up to 20 skills are shown per category.

Database & Business Intelligence
1 2 (20.00%) SQL Server
1 2 (20.00%) OLAP
1 2 (20.00%) Data Warehouse
1 2 (20.00%) SQL Server Reporting Services
1 2 (20.00%) SQL Server Integration Services
1 2 (20.00%) SQL Server Analysis Services
1 2 (20.00%) SQL Server 2008
1 2 (20.00%) Relational Database
General
1 10 (100.00%) Finance
1 10 (100.00%) Banking
1 10 (100.00%) Investment Banking
2 2 (20.00%) Financial Institution
Job Titles
1 8 (80.00%) Analyst
1 8 (80.00%) Business Analyst
2 4 (40.00%) Lead Business Analyst
3 2 (20.00%) Senior Business Intelligence Developer
3 2 (20.00%) Developer
3 2 (20.00%) Business Intelligence Developer
3 2 (20.00%) Senior Developer
4 1 (10.00%) Senior Business Analyst
4 1 (10.00%) Senior Analyst
4 1 (10.00%) Architect
4 1 (10.00%) Senior Architect
4 1 (10.00%) Business Intelligence Architect
Libraries, Frameworks & Software Standards
1 2 (20.00%) .NET
1 2 (20.00%) MDX
Miscellaneous
1 8 (80.00%) Fixed Income
2 7 (70.00%) Equities
2 7 (70.00%) Derivative
2 7 (70.00%) Analytical Skills
3 2 (20.00%) Foreign Exchange (FX)
4 1 (10.00%) Credit Risk
4 1 (10.00%) User Experience
Processes & Methodologies
1 8 (80.00%) Stakeholder Management
2 7 (70.00%) Risk Management
3 4 (40.00%) Mentoring
3 4 (40.00%) Business Analysis
4 2 (20.00%) Kimball Methodology
4 2 (20.00%) Business Intelligence
4 2 (20.00%) SDLC
5 1 (10.00%) Project Management
Programming Languages
1 2 (20.00%) C#
1 2 (20.00%) SQL
1 2 (20.00%) VB.NET
2 1 (10.00%) T-SQL
Vendors
1 2 (20.00%) Microsoft
1 2 (20.00%) Tableau