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 5 December 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
5 Dec 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank - - 21
Contract jobs citing MiFID 0 0 1
As % of all contract IT jobs located in Docklands, London - - 0.80%
As % of the Quality Assurance & Compliance category - - 5.00%
Number of daily rates quoted 0 0 1
Median daily rate - - £555
UK excluding London median daily rate £500 £600 £450
% change year-on-year
-16.66% +33.33%
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
9 8 20
As % of all contract IT jobs located in Docklands, London 16.98% 9.30% 16.00%
Number of daily rates quoted 5 8 17
Median daily rate £550 £484 £550
Median daily rate % change year-on-year
+13.69% -12.04%
90% offered a daily rate of more than £380 £295 £325
10% offered a daily rate of more than £640 £603 £625
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 £22.45 £25.00 £22.25
% change year-on-year
-10.20% +12.35%

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