The table below looks at the prevalence of the term Contract for Difference in IT contracts advertised for the 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 28 July 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
28 Jul 2015
Same period 2014 Same period 2013
Contract for Difference (CFD)
Rank 384 - 412
Rank change year-on-year
- 0
Contract jobs citing Contract for Difference 23 0 4
As % of all contract IT jobs located in London 0.098% - 0.016%
As % of the Miscellaneous category 0.27% - 0.042%
Number of daily rates quoted 22 0 4
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£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
England

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

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8481 8835 9500
As % of all contract IT jobs located in London 35.99% 37.46% 39.19%
Number of daily rates quoted 5945 5973 6446
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 166 166 213
Average hourly rate £20.00 £20.00 £22.50
Average hourly rate % change year-on-year
- -11.11%
90% offered a hourly rate of more than £14.29 £14.04 £14.50
10% offered a hourly rate of more than £52.17 £45.00 £45.00
UK excluding London average hourly rate £19.08 £21.63 £20.00
% change year-on-year
-11.76% +8.12%

Contract for Difference
Jobs Demand Trend in London

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

Contract for Difference Jobs Demand Trend in London

Contract for Difference
Daily Rate Trend in London

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

Contract for Difference Daily Rate Trend in London

Contract for Difference
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Contract for Difference across the London region over the 3 months to 28 July 2015.

Contract for Difference Daily Rate Histogram in London

Contract for Difference
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Contract for Difference across the London region.

Contract for Difference Hourly Rate Trend in London

Contract for Difference
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Contract for Difference within the London region over the 3 months to 28 July 2015. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London - 9 £635 - 6
Contract for Difference
England

Contract for Difference
Top 30 Related IT Skills in London

For the 6 months to 28 July 2015, IT contractor jobs across the 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 32 (82.05%) Finance
2 27 (69.23%) Equities
3 21 (53.85%) Banking
3 21 (53.85%) Investment Banking
4 20 (51.28%) Analytical Skills
5 19 (48.72%) Derivative
6 16 (41.03%) Foreign Exchange (FX)
7 14 (35.90%) Fixed Income
8 13 (33.33%) Back Office
8 13 (33.33%) Project Management
9 12 (30.77%) Microsoft
9 12 (30.77%) Business Analysis
10 10 (25.64%) Stakeholder Management
11 9 (23.08%) Business Intelligence
11 9 (23.08%) Data Warehouse
12 8 (20.51%) MS Excel
13 7 (17.95%) Risk Management
13 7 (17.95%) Data Management
13 7 (17.95%) Enterprise Data Management
13 7 (17.95%) User Acceptance Testing
13 7 (17.95%) Data Cleansing
13 7 (17.95%) Data Governance
13 7 (17.95%) Markit EDM
13 7 (17.95%) Master Data Management
14 6 (15.38%) Technical Analysis
14 6 (15.38%) COREP
14 6 (15.38%) BusinessObjects
14 6 (15.38%) Cost-Benefit Analysis
14 6 (15.38%) General Ledger
14 6 (15.38%) Data Analysis

Contract for Difference
Top Related IT Skills in London by Category

For the 6 months to 28 July 2015, IT contractor jobs across the 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.

Application Platforms
1 3 (7.69%) CMS
2 2 (5.13%) SharePoint
Applications
1 8 (20.51%) MS Excel
2 2 (5.13%) MS PowerPoint
2 2 (5.13%) MS Office
3 1 (2.56%) Photoshop
Business Applications
1 7 (17.95%) Markit EDM
Communications & Networking
1 1 (2.56%) DHCP
1 1 (2.56%) TCP/IP
1 1 (2.56%) DNS
1 1 (2.56%) Network Security
Database & Business Intelligence
1 9 (23.08%) Data Warehouse
2 6 (15.38%) BusinessObjects
3 3 (7.69%) SQL Server Reporting Services
3 3 (7.69%) SQL Server Integration Services
3 3 (7.69%) SQL Server Analysis Services
3 3 (7.69%) SQL Server 2008
3 3 (7.69%) Relational Database
3 3 (7.69%) SQL Server
3 3 (7.69%) OLAP
General
1 32 (82.05%) Finance
2 21 (53.85%) Banking
2 21 (53.85%) Investment Banking
3 13 (33.33%) Back Office
4 6 (15.38%) General Ledger
5 3 (7.69%) Financial Institution
Job Titles
1 27 (69.23%) Business Analyst
1 27 (69.23%) Analyst
2 11 (28.21%) Developer
3 9 (23.08%) Lead Business Analyst
4 3 (7.69%) Business Intelligence Developer
5 2 (5.13%) Senior Developer
5 2 (5.13%) Senior Business Intelligence Developer
6 1 (2.56%) Architect
6 1 (2.56%) Equity Derivatives Business Analyst
6 1 (2.56%) Front-End Developer
6 1 (2.56%) IT Support
6 1 (2.56%) Designer
6 1 (2.56%) Senior Architect
6 1 (2.56%) Business Intelligence Architect
6 1 (2.56%) Senior Business Analyst
6 1 (2.56%) Senior Analyst
6 1 (2.56%) Web Designer
6 1 (2.56%) SQL Developer
6 1 (2.56%) Support Manager
6 1 (2.56%) IT Support Manager
Libraries, Frameworks & Software Standards
1 3 (7.69%) .NET
1 3 (7.69%) MDX
2 1 (2.56%) jQuery
2 1 (2.56%) Twitter Bootstrap
2 1 (2.56%) CSS
2 1 (2.56%) XHTML
2 1 (2.56%) HTML
Miscellaneous
1 27 (69.23%) Equities
2 20 (51.28%) Analytical Skills
3 19 (48.72%) Derivative
4 16 (41.03%) Foreign Exchange (FX)
5 14 (35.90%) Fixed Income
6 6 (15.38%) Equity Derivative
7 4 (10.26%) Management Information System
7 4 (10.26%) Swaptions
8 2 (5.13%) Spread Betting
8 2 (5.13%) User Experience
9 1 (2.56%) Data Centre
9 1 (2.56%) Credit Risk
Operating Systems
1 1 (2.56%) Windows
Processes & Methodologies
1 13 (33.33%) Project Management
2 12 (30.77%) Business Analysis
3 10 (25.64%) Stakeholder Management
4 9 (23.08%) Business Intelligence
5 7 (17.95%) Risk Management
5 7 (17.95%) Data Management
5 7 (17.95%) Enterprise Data Management
5 7 (17.95%) User Acceptance Testing
5 7 (17.95%) Data Cleansing
5 7 (17.95%) Data Governance
5 7 (17.95%) Master Data Management
6 6 (15.38%) Technical Analysis
6 6 (15.38%) IT Governance
6 6 (15.38%) Data Analysis
6 6 (15.38%) Cost-Benefit Analysis
7 4 (10.26%) Workflow
7 4 (10.26%) Mentoring
8 3 (7.69%) Kimball Methodology
8 3 (7.69%) SDLC
9 2 (5.13%) UML
Programming Languages
1 4 (10.26%) SQL
2 3 (7.69%) C#
2 3 (7.69%) VB.NET
3 2 (5.13%) T-SQL
4 1 (2.56%) JavaScript
Qualifications
1 5 (12.82%) Degree
Quality Assurance & Compliance
1 6 (15.38%) COREP
2 5 (12.82%) CRD IV
3 4 (10.26%) Dodd-Frank
3 4 (10.26%) EMIR
4 2 (5.13%) Basel III
System Software
1 1 (2.56%) Active Directory
1 1 (2.56%) ISA Server
Vendors
1 12 (30.77%) Microsoft
2 4 (10.26%) Calypso
3 3 (7.69%) Tableau
4 2 (5.13%) SAP