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 25 February 2017 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
25 Feb 2017
Same period 2016 Same period 2015
Contract for Difference (CFD)
England / London
Rank 395 413 397
Rank change year-on-year
+18 -16
Contract jobs citing Contract for Difference 2 6 15
As % of all contract IT jobs located in London 0.010% 0.028% 0.070%
As % of the Miscellaneous category 0.030% 0.082% 0.20%
Number of daily rates quoted 0 6 10
Median daily rate - £600 £625
Median daily rate % change year-on-year
- -4.00%
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
6573 7349 7463
As % of all contract IT jobs located in London 34.42% 34.27% 34.99%
Number of daily rates quoted 4558 5157 5176
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £313 £288 £290
10% offered a daily rate of more than £650 £650 £625
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 121 119 141
Median hourly rate £26.50 £19.99 £19.75
Median hourly rate % change year-on-year
+32.56% +1.21%
90% offered a hourly rate of more than £13.00 £12.10 £13.15
10% offered a hourly rate of more than £67.00 £35.48 £37.20
UK excluding London median hourly rate £17.50 £22.50 £18.00
% change year-on-year
-22.22% +25.00%

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 25 February 2017, 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 (100.00%) Finance
2 2 (50.00%) Fixed Income
2 2 (50.00%) Derivative
2 2 (50.00%) DTCC
2 2 (50.00%) Degree
2 2 (50.00%) FIX Protocol
2 2 (50.00%) Product Management
2 2 (50.00%) Analytical Skills
2 2 (50.00%) Workflow Analysis
2 2 (50.00%) PMP
2 2 (50.00%) PMI Certification
2 2 (50.00%) Project Management
2 2 (50.00%) XML
2 2 (50.00%) PRINCE2
2 2 (50.00%) Management Information System
2 2 (50.00%) Workflow
3 1 (25.00%) Agile Software Development
3 1 (25.00%) TOGAF
3 1 (25.00%) OO
3 1 (25.00%) Foreign Exchange (FX)
3 1 (25.00%) Reuters
3 1 (25.00%) Bloomberg
3 1 (25.00%) C#
3 1 (25.00%) HTML
3 1 (25.00%) .NET
3 1 (25.00%) SQL Server
3 1 (25.00%) Prime Brokerage
3 1 (25.00%) RESTful
3 1 (25.00%) HTML5
3 1 (25.00%) Waterfall

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:

Database & Business Intelligence
1 1 (25.00%) SQL Server
General
1 4 (100.00%) Finance
2 1 (25.00%) Prime Brokerage
Job Titles
1 2 (50.00%) Coordinator
1 2 (50.00%) Project Coordinator
2 1 (25.00%) Architect
2 1 (25.00%) C# Developer
2 1 (25.00%) C# Developer - Prime Brokerage
2 1 (25.00%) Developer
2 1 (25.00%) Solutions Architect
Libraries, Frameworks & Software Standards
1 2 (50.00%) FIX Protocol
1 2 (50.00%) XML
2 1 (25.00%) .NET
2 1 (25.00%) HTML
2 1 (25.00%) HTML5
2 1 (25.00%) RESTful
2 1 (25.00%) WCF
2 1 (25.00%) WinForms
Miscellaneous
1 2 (50.00%) Analytical Skills
1 2 (50.00%) Derivative
1 2 (50.00%) DTCC
1 2 (50.00%) Fixed Income
1 2 (50.00%) Management Information System
2 1 (25.00%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (50.00%) PRINCE2
1 2 (50.00%) Product Management
1 2 (50.00%) Project Management
1 2 (50.00%) Workflow
1 2 (50.00%) Workflow Analysis
2 1 (25.00%) Agile Software Development
2 1 (25.00%) Continuous Integration
2 1 (25.00%) Migration
2 1 (25.00%) OO
2 1 (25.00%) Performance Tuning
2 1 (25.00%) TOGAF
2 1 (25.00%) Waterfall
Programming Languages
1 1 (25.00%) C#
Qualifications
1 2 (50.00%) Degree
1 2 (50.00%) PMI Certification
1 2 (50.00%) PMP
Vendors
1 1 (25.00%) Bloomberg
1 1 (25.00%) Reuters