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 average contractor rates offered in IT contracts that have cited MiFID over the 3 months to 1 April 2015 with a comparison to the same period in 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.

Location
3 months to
1 Apr 2015
Same period 2014 Same period 2013
Markets in Financial Instruments Directive (MiFID)
Rank - 28 -
Contract jobs citing MiFID 0 1 0
As % of all contract IT jobs located in Docklands, London - 0.58% -
As % of the Quality Assurance & Compliance category - 6.25% -
Number of daily rates quoted 0 1 0
Average daily rate
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- £625 -
UK excluding London average daily rate £400 £550 £115
% change year-on-year
-27.27% +378.26%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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 16 8
As % of all contract IT jobs located in Docklands, London 9.00% 9.36% 5.97%
Number of daily rates quoted 9 13 6
Average daily rate £540 £494 £488
Average daily rate % change year-on-year
+9.25% +1.38%
90% offered a daily rate of more than £317 £388 £330
10% offered a daily rate of more than £640 £613 £640
UK excluding London average daily rate £385 £370 £330
% change year-on-year
+4.05% +12.12%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £22.50 £17.75 £19.00
% change year-on-year
+26.76% -6.57%

MiFID
Jobs Demand Trend in Docklands, London

This chart provides a 3-month moving total of IT contractor jobs citing MiFID across the Docklands, London region as a proportion of the total demand within 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