The table below looks at the prevalence of the term Contract for Difference in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Contract for Difference over the 3 months to 26 June 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Contract for Difference (CFD)
UK / England
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 586 619 621
Rank change year-on-year +33 +2  
Contract jobs citing Contract for Difference 3 4 15
As % of all contract IT jobs advertised in England 0.007% 0.008% 0.029%
As % of the Miscellaneous category 0.021% 0.025% 0.092%
Number of daily rates quoted 1 4 14
Median daily rate £190 £473 £680
Median daily rate % change year-on-year -59.78% -30.51%  
UK excluding London median daily rate - - -
Number of hourly rates quoted 1 0 0
Median hourly rate £52.50 - -
UK excluding London median hourly rate - - -

Contract for Difference is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in England with a requirement for generic IT skills.

Generic IT Skills
England
Contract job vacancies with a requirement for generic IT skills 14478 16219 16382
As % of all contract IT job vacancies advertised in England 33.54% 33.28% 32.18%
Number of daily rates quoted 9485 10793 10517
Median daily rate £463 £440 £425
Median daily rate % change year-on-year +5.11% +3.52%  
90% offered a daily rate of more than £280 £273 £255
10% offered a daily rate of more than £650 £615 £620
UK excluding London median daily rate £400 £390 £375
% change year-on-year +2.56% +4.00%  
Number of hourly rates quoted 446 523 579
Median hourly rate £21.70 £21.50 £19.00
Median hourly rate % change year-on-year +0.93% +13.15%  
90% offered a hourly rate of more than £12.00 £12.49 £12.10
10% offered a hourly rate of more than £50.00 £47.13 £45.00
UK excluding London median hourly rate £25.00 £23.00 £18.88
% change year-on-year +8.69% +21.82%  

Contract for Difference
Job Vacancy Trend in England

The job posting trend of jobs advertised in England citing Contract for Difference as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Contract for Difference in England

Contract for Difference
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for Contract for Difference in England

Contract for Difference
Contractor Hourly Rate Trend in England

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

Contractor hourly rate trend for Contract for Difference in England

Contract for Difference
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Contract for Difference within the England region over the 3 months to 26 June 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -7 3 £190 -59.78% 7
Contract for Difference
UK

For the 6 months to 26 June 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 England region with a requirement for Contract for Difference.

1 5 (55.56%) Derivative
2 4 (44.44%) Fixed Income
2 4 (44.44%) XML
2 4 (44.44%) Foreign Exchange (FX)
2 4 (44.44%) Workflow
3 3 (33.33%) Finance
3 3 (33.33%) Project Management
3 3 (33.33%) PRINCE2
3 3 (33.33%) Degree
3 3 (33.33%) FIX Protocol
3 3 (33.33%) User Acceptance Testing
3 3 (33.33%) Product Management
3 3 (33.33%) Analytical Skills
3 3 (33.33%) Workflow Analysis
4 2 (22.22%) OTC Derivatives
4 2 (22.22%) DTCC
4 2 (22.22%) Test Automation
4 2 (22.22%) Docker
4 2 (22.22%) DevOps
4 2 (22.22%) Investment Management
4 2 (22.22%) Django
4 2 (22.22%) Python
4 2 (22.22%) Microsoft
4 2 (22.22%) Sun
4 2 (22.22%) PMP
4 2 (22.22%) PMI Certification
4 2 (22.22%) Microsoft Office
4 2 (22.22%) PostgreSQL
4 2 (22.22%) Management Information System
4 2 (22.22%) Equities

Contract for Difference
Co-occurring IT Skills in England 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 2 (22.22%) Microsoft Office
2 1 (11.11%) Microsoft Excel
Business Applications
1 1 (11.11%) IntelliMatch
1 1 (11.11%) thinkFolio
Database & Business Intelligence
1 2 (22.22%) PostgreSQL
Development Applications
1 1 (11.11%) JIRA
1 1 (11.11%) Zephyr
General
1 3 (33.33%) Finance
2 1 (11.11%) Back Office
2 1 (11.11%) Banking
2 1 (11.11%) Front Office
2 1 (11.11%) Investment Banking
2 1 (11.11%) Legal
Job Titles
1 4 (44.44%) Analyst
2 2 (22.22%) Business Analyst
2 2 (22.22%) Coordinator
2 2 (22.22%) Derivatives Business Analyst
2 2 (22.22%) Developer
2 2 (22.22%) Project Coordinator
2 2 (22.22%) Python Developer
3 1 (11.11%) Banking Analyst
3 1 (11.11%) Change Analyst
3 1 (11.11%) Investment Management Business Analyst
3 1 (11.11%) OTC Derivatives Analyst
3 1 (11.11%) OTC Derivatives Business Analyst
3 1 (11.11%) Project Manager
3 1 (11.11%) Senior Analyst
3 1 (11.11%) Senior Test Analyst
3 1 (11.11%) Test Analyst
Libraries, Frameworks & Software Standards
1 4 (44.44%) XML
2 3 (33.33%) FIX Protocol
3 2 (22.22%) Django
4 1 (11.11%) ActiveMQ
Miscellaneous
1 5 (55.56%) Derivative
2 4 (44.44%) Fixed Income
2 4 (44.44%) Foreign Exchange (FX)
3 3 (33.33%) Analytical Skills
4 2 (22.22%) DTCC
4 2 (22.22%) Equities
4 2 (22.22%) Management Information System
4 2 (22.22%) OTC Derivatives
5 1 (11.11%) Equity Derivative
Processes & Methodologies
1 4 (44.44%) Workflow
2 3 (33.33%) PRINCE2
2 3 (33.33%) Product Management
2 3 (33.33%) Project Management
2 3 (33.33%) User Acceptance Testing
2 3 (33.33%) Workflow Analysis
3 2 (22.22%) Asset Management
3 2 (22.22%) DevOps
3 2 (22.22%) Investment Management
3 2 (22.22%) Test Automation
4 1 (11.11%) Business Analysis
4 1 (11.11%) Data Analysis
4 1 (11.11%) Fund Management
4 1 (11.11%) Integration Testing
4 1 (11.11%) Regression Testing
4 1 (11.11%) Risk Management
4 1 (11.11%) System Integration Testing
4 1 (11.11%) System Testing
4 1 (11.11%) Time Management
4 1 (11.11%) Use Case
Programming Languages
1 2 (22.22%) Python
Qualifications
1 3 (33.33%) Degree
2 2 (22.22%) PMI Certification
2 2 (22.22%) PMP
Quality Assurance & Compliance
1 1 (11.11%) Dodd-Frank
1 1 (11.11%) EMIR
System Software
1 2 (22.22%) Docker
Systems Management
1 1 (11.11%) HP Quality Center
Vendors
1 2 (22.22%) Microsoft
1 2 (22.22%) Sun