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 contractor rates offered in IT contracts that have cited Contract for Difference over the 3 months to 29 May 2016 with a comparison to the same period over 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.

3 months to
29 May 2016
Same period 2015 Same period 2014
Contract for Difference (CFD)
Rank - 201 209
Contract jobs citing Contract for Difference 0 1 1
As % of all contract IT jobs located in the City of London - 0.018% 0.016%
As % of the Miscellaneous category - 0.048% 0.043%
Number of daily rates quoted 0 0 1
Median daily rate - - £275
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1295 2084 2344
As % of all contract IT jobs located in the City of London 38.62% 36.98% 38.64%
Number of daily rates quoted 1067 1634 1786
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £290
10% offered a daily rate of more than £650 £625 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 18 33 33
Median hourly rate £19.00 £21.00 £21.00
Median hourly rate % change year-on-year
-9.52% -
90% offered a hourly rate of more than £12.50 £13.95 £12.50
10% offered a hourly rate of more than £50.00 £57.85 £49.25
UK excluding London median hourly rate £22.00 £18.24 £20.00
% change year-on-year
+20.64% -8.82%

Contract for Difference
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Contract for Difference as a proportion of all IT contracts with a match in 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
Top 22 Related IT Skills in the City of London

For the 6 months to 29 May 2016, IT contractor jobs citing Contract for Difference 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 City of London region with a requirement for Contract for Difference.

1 1 (100.00%) Data Warehouse
1 1 (100.00%) Business Intelligence
1 1 (100.00%) Microsoft
1 1 (100.00%) BusinessObjects
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) Back Office
1 1 (100.00%) Finance
1 1 (100.00%) Fixed Income
1 1 (100.00%) Equities
1 1 (100.00%) Banking
1 1 (100.00%) Data Analysis
1 1 (100.00%) Investment Banking
1 1 (100.00%) General Ledger
1 1 (100.00%) Business Analysis
1 1 (100.00%) Cost-Benefit Analysis
1 1 (100.00%) Derivative
1 1 (100.00%) IT Governance
1 1 (100.00%) Basel III
1 1 (100.00%) Technical Analysis
1 1 (100.00%) CRD IV
1 1 (100.00%) COREP
1 1 (100.00%) Analytical Skills

Contract for Difference
Top Related IT Skills in the City of 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:

Database & Business Intelligence
1 1 (100.00%) BusinessObjects
1 1 (100.00%) Data Warehouse
General
1 1 (100.00%) Back Office
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) General Ledger
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Analyst
1 1 (100.00%) Liquidity Business Analyst
1 1 (100.00%) Report Analyst
Miscellaneous
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Derivative
1 1 (100.00%) Equities
1 1 (100.00%) Fixed Income
1 1 (100.00%) Foreign Exchange (FX)
Processes & Methodologies
1 1 (100.00%) Business Analysis
1 1 (100.00%) Business Intelligence
1 1 (100.00%) Cost-Benefit Analysis
1 1 (100.00%) Data Analysis
1 1 (100.00%) IT Governance
1 1 (100.00%) Technical Analysis
Quality Assurance & Compliance
1 1 (100.00%) Basel III
1 1 (100.00%) COREP
1 1 (100.00%) CRD IV
Vendors
1 1 (100.00%) Microsoft