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 contractor rates offered in IT contracts that have cited Contract for Difference over the 3 months to 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Contract for Difference (CFD)
Rank 440 423 447
Rank change year-on-year
-17 +24
Contract jobs citing Contract for Difference 1 12 2
As % of all contract IT jobs located in London 0.004% 0.052% 0.008%
As % of the Miscellaneous category 0.012% 0.14% 0.022%
Number of daily rates quoted 1 11 2
Median daily rate £550 £550 £425
Median daily rate % change year-on-year
- +29.41%
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
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
8254 8641 9086
As % of all contract IT jobs located in London 36.05% 37.46% 37.53%
Number of daily rates quoted 5806 5960 6193
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 127 167 206
Median hourly rate £17.25 £19.50 £19.00
Median hourly rate % change year-on-year
-11.53% +2.63%
90% offered a hourly rate of more than £12.00 £12.00 £13.00
10% offered a hourly rate of more than £42.50 £43.50 £45.00
UK excluding London median hourly rate £21.00 £18.88 £17.63
% change year-on-year
+11.22% +7.12%

Contract for Difference
Jobs Demand Trend in London

The demand trend of contract jobs across the 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 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
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
Top 30 Related IT Skills in London

For the 6 months to 27 September 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 London region with a requirement for Contract for Difference.

1 4 (80.00%) Finance
2 3 (60.00%) Business Analysis
3 2 (40.00%) Equities
3 2 (40.00%) Agile Software Development
3 2 (40.00%) Requirements Management
3 2 (40.00%) User Stories
3 2 (40.00%) Derivative
3 2 (40.00%) Wireframes
4 1 (20.00%) Equity Derivative
4 1 (20.00%) IT Governance
4 1 (20.00%) Dependency Management
4 1 (20.00%) Performance Tuning
4 1 (20.00%) Technical Analysis
4 1 (20.00%) CRD IV
4 1 (20.00%) COREP
4 1 (20.00%) Analytical Skills
4 1 (20.00%) Degree
4 1 (20.00%) WCF
4 1 (20.00%) Use Case
4 1 (20.00%) Continuous Integration
4 1 (20.00%) BPMN
4 1 (20.00%) RESTful
4 1 (20.00%) HTML5
4 1 (20.00%) Waterfall
4 1 (20.00%) Basel III
4 1 (20.00%) Change Control
4 1 (20.00%) Banking
4 1 (20.00%) Data Analysis
4 1 (20.00%) Investment Banking
4 1 (20.00%) General Ledger

Contract for Difference
Top Related 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:

Applications
1 1 (20.00%) MS Excel
Database & Business Intelligence
1 1 (20.00%) BusinessObjects
1 1 (20.00%) Data Warehouse
1 1 (20.00%) SQL Server
General
1 4 (80.00%) Finance
2 1 (20.00%) Back Office
2 1 (20.00%) Banking
2 1 (20.00%) General Ledger
2 1 (20.00%) Investment Banking
Job Titles
1 4 (80.00%) Analyst
1 4 (80.00%) Business Analyst
2 1 (20.00%) C# Developer
2 1 (20.00%) Derivatives Business Analyst
2 1 (20.00%) Developer
2 1 (20.00%) Equity Derivatives Business Analyst
2 1 (20.00%) Finance Business Analyst
2 1 (20.00%) Financial Analyst
2 1 (20.00%) Financial Business Analyst
2 1 (20.00%) Financial Services Business Analyst
2 1 (20.00%) Liquidity Business Analyst
2 1 (20.00%) Report Analyst
2 1 (20.00%) Service Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) .NET
1 1 (20.00%) HTML
1 1 (20.00%) HTML5
1 1 (20.00%) RESTful
1 1 (20.00%) WCF
1 1 (20.00%) WinForms
Miscellaneous
1 2 (40.00%) Derivative
1 2 (40.00%) Equities
2 1 (20.00%) Analytical Skills
2 1 (20.00%) Equity Derivative
2 1 (20.00%) Fixed Income
2 1 (20.00%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (60.00%) Business Analysis
2 2 (40.00%) Agile Software Development
2 2 (40.00%) Requirements Management
2 2 (40.00%) User Stories
2 2 (40.00%) Wireframes
3 1 (20.00%) BPMN
3 1 (20.00%) Business Intelligence
3 1 (20.00%) Change Control
3 1 (20.00%) Continuous Integration
3 1 (20.00%) Cost-Benefit Analysis
3 1 (20.00%) CRM
3 1 (20.00%) Data Analysis
3 1 (20.00%) Dependency Management
3 1 (20.00%) IT Governance
3 1 (20.00%) OO
3 1 (20.00%) Performance Tuning
3 1 (20.00%) Project Management
3 1 (20.00%) Technical Analysis
3 1 (20.00%) Use Case
3 1 (20.00%) Waterfall
Programming Languages
1 1 (20.00%) C#
Qualifications
1 1 (20.00%) Degree
Quality Assurance & Compliance
1 1 (20.00%) Basel III
1 1 (20.00%) COREP
1 1 (20.00%) CRD IV
Vendors
1 1 (20.00%) Microsoft