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 28 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
28 Jul 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank - 26 -
Contract jobs citing MiFID 0 2 0
As % of all contract IT jobs located in Docklands, London - 1.20% -
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 £475 £475 £550
% change year-on-year
- -13.63%
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
16 18 23
As % of all contract IT jobs located in Docklands, London 26.23% 10.78% 18.11%
Number of daily rates quoted 7 18 15
Median daily rate £525 £550 £403
Median daily rate % change year-on-year
-4.54% +36.64%
90% offered a daily rate of more than £515 £460 £356
10% offered a daily rate of more than £615 £621 £585
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.00 £22.50 £20.21
% change year-on-year
+24.44% +11.35%

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