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 August 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
25 Aug 2016
Same period 2015 Same period 2014
Contract for Difference (CFD)
Rank 447 413 -
Rank change year-on-year
-34 -
Contract jobs citing Contract for Difference 2 23 0
As % of all contract IT jobs located in London 0.009% 0.097% -
As % of the Miscellaneous category 0.024% 0.26% -
Number of daily rates quoted 2 22 0
Median daily rate £488 £635 -
Median daily rate % change year-on-year
-23.22% -
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
8405 8798 9217
As % of all contract IT jobs located in London 36.51% 37.05% 38.02%
Number of daily rates quoted 5934 6100 6165
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 £290
10% offered a daily rate of more than £625 £650 £625
UK excluding London median daily rate £376 £375 £350
% change year-on-year
+0.13% +7.14%
Number of hourly rates quoted 126 160 184
Median hourly rate £17.75 £21.50 £18.60
Median hourly rate % change year-on-year
-17.44% +15.59%
90% offered a hourly rate of more than £11.49 £13.00 £13.96
10% offered a hourly rate of more than £43.44 £52.17 £40.00
UK excluding London median hourly rate £22.50 £19.29 £18.75
% change year-on-year
+16.64% +2.88%

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
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 25 August 2016.

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
Top 30 Related IT Skills in London

For the 6 months to 25 August 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%) Wireframes
3 2 (40.00%) User Stories
3 2 (40.00%) Equities
3 2 (40.00%) Foreign Exchange (FX)
3 2 (40.00%) Banking
3 2 (40.00%) Derivative
3 2 (40.00%) Requirements Management
4 1 (20.00%) Degree
4 1 (20.00%) Use Case
4 1 (20.00%) BPMN
4 1 (20.00%) Basel III
4 1 (20.00%) Continuous Improvement
4 1 (20.00%) Change Control
4 1 (20.00%) Equity Derivative
4 1 (20.00%) IT Governance
4 1 (20.00%) Data Analysis
4 1 (20.00%) Investment Banking
4 1 (20.00%) General Ledger
4 1 (20.00%) Project Management
4 1 (20.00%) MS Excel
4 1 (20.00%) CRM
4 1 (20.00%) Data Warehouse
4 1 (20.00%) Business Intelligence
4 1 (20.00%) Microsoft
4 1 (20.00%) BusinessObjects
4 1 (20.00%) Agile Software Development
4 1 (20.00%) Fixed Income
4 1 (20.00%) Back Office

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
Business Applications
1 1 (20.00%) OpenText MBPM
Database & Business Intelligence
1 1 (20.00%) BusinessObjects
1 1 (20.00%) Data Warehouse
General
1 4 (80.00%) Finance
2 2 (40.00%) Banking
3 1 (20.00%) Back Office
3 1 (20.00%) General Ledger
3 1 (20.00%) Investment Banking
Job Titles
1 4 (80.00%) Analyst
1 4 (80.00%) Business Analyst
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
Miscellaneous
1 2 (40.00%) Derivative
1 2 (40.00%) Equities
1 2 (40.00%) Foreign Exchange (FX)
2 1 (20.00%) Analytical Skills
2 1 (20.00%) Equity Derivative
2 1 (20.00%) Fixed Income
Processes & Methodologies
1 3 (60.00%) Business Analysis
2 2 (40.00%) Requirements Management
2 2 (40.00%) User Stories
2 2 (40.00%) Wireframes
3 1 (20.00%) Agile Software Development
3 1 (20.00%) BPMN
3 1 (20.00%) Business Intelligence
3 1 (20.00%) Change Control
3 1 (20.00%) Continuous Improvement
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%) Project Management
3 1 (20.00%) Technical Analysis
3 1 (20.00%) Use Case
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