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 31 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
31 Aug 2015
Same period 2014 Same period 2013
Contract for Difference (CFD)
Rank 397 - 422
Rank change year-on-year
- 0
Contract jobs citing Contract for Difference 22 0 4
As % of all contract IT jobs located in London 0.091% - 0.016%
As % of the Miscellaneous category 0.25% - 0.041%
Number of daily rates quoted 21 0 4
Average daily rate
Keep up to 90%
of your 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
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
8764 8962 9756
As % of all contract IT jobs located in London 36.41% 37.38% 39.01%
Number of daily rates quoted 6061 5962 6653
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £285 £276
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 157 183 197
Average hourly rate £21.35 £19.00 £20.00
Average hourly rate % change year-on-year
+12.36% -5.00%
90% offered a hourly rate of more than £14.00 £14.04 £13.00
10% offered a hourly rate of more than £43.80 £45.00 £47.00
UK excluding London average hourly rate £22.00 £20.00 £17.50
% change year-on-year
+10.00% +14.28%

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 31 August 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 31 August 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 - 3
Contract for Difference
England

Contract for Difference
Top 30 Related IT Skills in London

For the 6 months to 31 August 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 29 (87.88%) Finance
2 23 (69.70%) Equities
3 20 (60.61%) Banking
3 20 (60.61%) Investment Banking
4 17 (51.52%) Derivative
5 16 (48.48%) Analytical Skills
6 14 (42.42%) Fixed Income
7 13 (39.39%) Foreign Exchange (FX)
7 13 (39.39%) Microsoft
8 12 (36.36%) Business Analysis
9 10 (30.30%) Data Warehouse
9 10 (30.30%) Business Intelligence
9 10 (30.30%) Stakeholder Management
10 9 (27.27%) Project Management
10 9 (27.27%) Back Office
11 8 (24.24%) MS Excel
12 7 (21.21%) Risk Management
12 7 (21.21%) User Acceptance Testing
13 6 (18.18%) Cost-Benefit Analysis
13 6 (18.18%) General Ledger
13 6 (18.18%) IT Governance
13 6 (18.18%) COREP
13 6 (18.18%) Technical Analysis
13 6 (18.18%) BusinessObjects
13 6 (18.18%) Data Analysis
14 5 (15.15%) SQL
14 5 (15.15%) CRD IV
14 5 (15.15%) Degree
15 4 (12.12%) MDX
15 4 (12.12%) SQL Server Analysis Services

Contract for Difference
Top Related IT Skills in London by Category

For the 6 months to 31 August 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 2 (6.06%) SharePoint
1 2 (6.06%) CMS
Applications
1 8 (24.24%) MS Excel
2 2 (6.06%) MS PowerPoint
2 2 (6.06%) MS Office
Business Applications
1 3 (9.09%) Markit EDM
Communications & Networking
1 1 (3.03%) DHCP
1 1 (3.03%) TCP/IP
1 1 (3.03%) DNS
1 1 (3.03%) Network Security
Database & Business Intelligence
1 10 (30.30%) Data Warehouse
2 6 (18.18%) BusinessObjects
3 4 (12.12%) SQL Server Reporting Services
3 4 (12.12%) SQL Server Integration Services
3 4 (12.12%) SQL Server Analysis Services
3 4 (12.12%) SQL Server 2008
3 4 (12.12%) Relational Database
3 4 (12.12%) SQL Server
3 4 (12.12%) OLAP
General
1 29 (87.88%) Finance
2 20 (60.61%) Banking
2 20 (60.61%) Investment Banking
3 9 (27.27%) Back Office
4 6 (18.18%) General Ledger
5 4 (12.12%) Financial Institution
Job Titles
1 25 (75.76%) Business Analyst
1 25 (75.76%) Analyst
2 9 (27.27%) Lead Business Analyst
3 7 (21.21%) Developer
4 4 (12.12%) Business Intelligence Developer
5 2 (6.06%) Senior Business Intelligence Developer
5 2 (6.06%) Senior Developer
6 1 (3.03%) Senior Business Analyst
6 1 (3.03%) Senior Analyst
6 1 (3.03%) SQL Developer
6 1 (3.03%) Support Manager
6 1 (3.03%) IT Support Manager
6 1 (3.03%) Financial Business Analyst
6 1 (3.03%) Systems Analyst
6 1 (3.03%) Architect
6 1 (3.03%) Investment Banking Business Analyst
6 1 (3.03%) Financial Services Business Analyst
6 1 (3.03%) Equity Derivatives Business Analyst
6 1 (3.03%) IT Support
6 1 (3.03%) Senior Architect
Libraries, Frameworks & Software Standards
1 4 (12.12%) .NET
1 4 (12.12%) MDX
Miscellaneous
1 23 (69.70%) Equities
2 17 (51.52%) Derivative
3 16 (48.48%) Analytical Skills
4 14 (42.42%) Fixed Income
5 13 (39.39%) Foreign Exchange (FX)
6 4 (12.12%) Equity Derivative
7 2 (6.06%) Management Information System
7 2 (6.06%) Swaptions
8 1 (3.03%) Credit Risk
8 1 (3.03%) User Experience
8 1 (3.03%) Spread Betting
8 1 (3.03%) Data Centre
Operating Systems
1 1 (3.03%) Windows
Processes & Methodologies
1 12 (36.36%) Business Analysis
2 10 (30.30%) Business Intelligence
2 10 (30.30%) Stakeholder Management
3 9 (27.27%) Project Management
4 7 (21.21%) Risk Management
4 7 (21.21%) User Acceptance Testing
5 6 (18.18%) Cost-Benefit Analysis
5 6 (18.18%) IT Governance
5 6 (18.18%) Data Analysis
5 6 (18.18%) Technical Analysis
6 4 (12.12%) Mentoring
6 4 (12.12%) Kimball Methodology
6 4 (12.12%) SDLC
7 3 (9.09%) Master Data Management
7 3 (9.09%) Data Management
7 3 (9.09%) Enterprise Data Management
7 3 (9.09%) Data Cleansing
7 3 (9.09%) Data Governance
8 2 (6.06%) Stakeholder Engagement
8 2 (6.06%) UML
Programming Languages
1 5 (15.15%) SQL
2 4 (12.12%) C#
2 4 (12.12%) VB.NET
3 3 (9.09%) T-SQL
Qualifications
1 5 (15.15%) Degree
Quality Assurance & Compliance
1 6 (18.18%) COREP
2 5 (15.15%) CRD IV
3 2 (6.06%) Dodd-Frank
3 2 (6.06%) Basel III
3 2 (6.06%) EMIR
System Software
1 1 (3.03%) Active Directory
1 1 (3.03%) ISA Server
Vendors
1 13 (39.39%) Microsoft
2 4 (12.12%) Tableau
3 2 (6.06%) SAP
3 2 (6.06%) Calypso