The table below looks at the statistics for MiFID skills in IT contracts advertised for the Docklands, London region. Included is a guide to the contractor rates offered in IT contracts that have cited MiFID over the 3 months to 1 July 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
1 Jul 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank - 24 -
Contract jobs citing MiFID 0 2 0
As % of all contract IT jobs located in Docklands, London - 1.35% -
As % of the Quality Assurance & Compliance category - 11.11% -
Number of daily rates quoted 0 2 0
Median daily rate - £575 -
UK excluding London median daily rate £481 £550 £650
% change year-on-year
-12.50% -15.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
MiFID
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Docklands, London region.

Quality Assurance & Compliance Category
Docklands, London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
17 18 21
As % of all contract IT jobs located in Docklands, London 29.31% 12.16% 19.63%
Number of daily rates quoted 9 18 14
Median daily rate £525 £550 £401
Median daily rate % change year-on-year
-4.54% +37.07%
90% offered a daily rate of more than £478 £351 £353
10% offered a daily rate of more than £594 £618 £619
UK excluding London median daily rate £400 £385 £369
% change year-on-year
+3.89% +4.40%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.00 £21.55 £20.75
% change year-on-year
+29.93% +3.85%

MiFID
Jobs Demand Trend in Docklands, London

The demand trend of contract jobs across the Docklands, London region citing MiFID as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

MiFID Jobs Demand Trend in Docklands, London

MiFID
Daily Rate Trend in Docklands, London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing MiFID across the Docklands, London region.

MiFID Daily Rate Trend in Docklands, London