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 27 May 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
27 May 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank - - -
Contract jobs citing MiFID 0 0 0
As % of all contract IT jobs located in Docklands, London - - -
As % of the Quality Assurance & Compliance category - - -
Number of daily rates quoted 0 0 0
Median daily rate - - -
UK excluding London median daily rate £513 £400 £650
% change year-on-year
+28.12% -38.46%
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
12 14 16
As % of all contract IT jobs located in Docklands, London 22.22% 13.08% 16.33%
Number of daily rates quoted 8 14 13
Median daily rate £500 £540 £450
Median daily rate % change year-on-year
-7.40% +20.00%
90% offered a daily rate of more than £350 £335 £384
10% offered a daily rate of more than £600 £629 £600
UK excluding London median daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.25 £22.75 £21.00
% change year-on-year
+24.17% +8.33%

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