The table below looks at the statistics for MiFID skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited MiFID over the 3 months to 22 May 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
22 May 2015
Same period 2014 Same period 2013
Markets in Financial Instruments Directive (MiFID)
Rank 510 522 506
Rank change year-on-year
+12 -16
Contract jobs citing MiFID 69 31 18
As % of all contract IT jobs located in England 0.14% 0.065% 0.042%
As % of the Quality Assurance & Compliance category 1.75% 0.80% 0.55%
Number of daily rates quoted 54 25 15
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£625 £550 £600
Average daily rate % change year-on-year
+13.63% -8.33%
90% offered a daily rate of more than £550 £355 £500
10% offered a daily rate of more than £750 £675 £715
UK excluding London average daily rate £400 £650 £350
% change year-on-year
-38.46% +85.71%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
MiFID
UK

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 England region.

Quality Assurance & Compliance Category
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
3948 3880 3267
As % of all contract IT jobs located in England 8.03% 8.09% 7.70%
Number of daily rates quoted 2484 2401 2049
Average daily rate £414 £410 £430
Average daily rate % change year-on-year
+0.91% -4.65%
90% offered a daily rate of more than £260 £250 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 124 182 101
Average hourly rate £20.09 £21.50 £20.00
Average hourly rate % change year-on-year
-6.54% +7.50%
90% offered a hourly rate of more than £11.86 £11.00 £11.00
10% offered a hourly rate of more than £42.50 £46.54 £116.25
UK excluding London average hourly rate £21.53 £21.00 £17.50
% change year-on-year
+2.50% +20.00%

MiFID
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing MiFID across the England region as a proportion of the total demand within the Quality Assurance & Compliance category.

MiFID Jobs Demand Trend in England

MiFID
Daily Rate Trend in England

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

MiFID Daily Rate Trend in England

MiFID
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing MiFID across the England region over the 3 months to 22 May 2015.

MiFID Daily Rate Histogram in England

MiFID
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MiFID across the England region.

MiFID Hourly Rate Trend in England

MiFID
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing MiFID within the England region over the 3 months to 22 May 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +29 67 £625 +13.63% 18
North West - 2 - - 1
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 22 May 2015, IT contractor jobs across the England region citing MiFID also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited MiFID.

1 59 (57.84%) EMIR
2 50 (49.02%) Banking
3 34 (33.33%) Finance
4 32 (31.37%) Investment Banking
4 32 (31.37%) Dodd-Frank
5 21 (20.59%) Front Office
6 18 (17.65%) Stakeholder Management
7 17 (16.67%) Business Analysis
7 17 (16.67%) Derivative
7 17 (16.67%) Asset Management
8 16 (15.69%) Equities
8 16 (15.69%) Project Management
9 14 (13.73%) Fixed Income
10 13 (12.75%) Foreign Exchange (FX)
10 13 (12.75%) SQL
11 10 (9.80%) Back Office
12 9 (8.82%) Scrum
13 7 (6.86%) Workflow
13 7 (6.86%) MS Excel
13 7 (6.86%) Investment Management
13 7 (6.86%) QA
13 7 (6.86%) Agile Software Development
13 7 (6.86%) AIFMD
13 7 (6.86%) FATCA
14 6 (5.88%) JIRA
14 6 (5.88%) Microsoft
14 6 (5.88%) Change Management
15 5 (4.90%) Risk Management
15 5 (4.90%) GAP Analysis
15 5 (4.90%) MS Visio

MiFID
Top Related IT Skills in England by Category

For the 6 months to 22 May 2015, IT contractor jobs across the England region citing MiFID also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited MiFID. Up to 20 skills are shown per category.

Application Platforms
1 2 (1.96%) MTS
Applications
1 7 (6.86%) MS Excel
2 5 (4.90%) MS Visio
3 3 (2.94%) MS Office
4 2 (1.96%) MS PowerPoint
5 1 (0.98%) MS Project
Business Applications
1 2 (1.96%) ION MarketView
2 1 (0.98%) SunGard Stream Clearvision
2 1 (0.98%) Rolfe and Nolan
Communications & Networking
1 1 (0.98%) DSL
Database & Business Intelligence
1 2 (1.96%) SQL Server
2 1 (0.98%) Data Mining
2 1 (0.98%) MS Access
2 1 (0.98%) Relational Database
Development Applications
1 6 (5.88%) JIRA
2 1 (0.98%) Rational Rose
General
1 50 (49.02%) Banking
2 34 (33.33%) Finance
3 32 (31.37%) Investment Banking
4 21 (20.59%) Front Office
5 10 (9.80%) Back Office
6 2 (1.96%) Retail
6 2 (1.96%) Legal
7 1 (0.98%) Telecoms
7 1 (0.98%) Financial Institution
7 1 (0.98%) Advertising
7 1 (0.98%) Private Banking
Job Titles
1 60 (58.82%) Analyst
2 58 (56.86%) Business Analyst
3 26 (25.49%) Project Manager
4 10 (9.80%) Banking Business Analyst
4 10 (9.80%) MiFID Business Analyst
5 7 (6.86%) Senior Analyst
5 7 (6.86%) Senior Business Analyst
6 5 (4.90%) Development Manager
6 5 (4.90%) Investment Banking Business Analyst
6 5 (4.90%) Lead Business Analyst
6 5 (4.90%) MiFID Project Manager
6 5 (4.90%) Test Leader
6 5 (4.90%) Business Manager
6 5 (4.90%) Delivery Manager
6 5 (4.90%) Business Project Manager
7 4 (3.92%) IT Business Analyst
7 4 (3.92%) Developer
8 3 (2.94%) Contracts Manager
8 3 (2.94%) Project Analyst
9 2 (1.96%) Senior IT Business Analyst
Libraries, Frameworks & Software Standards
1 2 (1.96%) FpML
2 1 (0.98%) Middleware
2 1 (0.98%) XML
2 1 (0.98%) FIX Protocol
Miscellaneous
1 17 (16.67%) Derivative
2 16 (15.69%) Equities
3 14 (13.73%) Fixed Income
4 13 (12.75%) Foreign Exchange (FX)
5 5 (4.90%) ASIC
6 4 (3.92%) Reference Data
7 3 (2.94%) User Experience
7 3 (2.94%) Analytical Skills
8 2 (1.96%) Hedge funds
8 2 (1.96%) Eurex
8 2 (1.96%) DTCC
8 2 (1.96%) Equity Derivative
9 1 (0.98%) Credit Risk
9 1 (0.98%) Market Risk
Operating Systems
1 1 (0.98%) Windows
Processes & Methodologies
1 18 (17.65%) Stakeholder Management
2 17 (16.67%) Business Analysis
2 17 (16.67%) Asset Management
3 16 (15.69%) Project Management
4 9 (8.82%) Scrum
5 7 (6.86%) Workflow
5 7 (6.86%) Investment Management
5 7 (6.86%) Agile Software Development
6 6 (5.88%) Change Management
7 5 (4.90%) Risk Management
7 5 (4.90%) GAP Analysis
7 5 (4.90%) Electronic Trading
7 5 (4.90%) Analytics
8 4 (3.92%) Waterfall
8 4 (3.92%) System Testing
9 3 (2.94%) Validation
9 3 (2.94%) BPMN
9 3 (2.94%) Wealth Management
9 3 (2.94%) Requirements Analysis
9 3 (2.94%) Automation Testing
Programming Languages
1 13 (12.75%) SQL
2 3 (2.94%) VBA
3 2 (1.96%) Ruby
3 2 (1.96%) C#
3 2 (1.96%) C++
3 2 (1.96%) Java
3 2 (1.96%) Perl
3 2 (1.96%) Python
Qualifications
1 3 (2.94%) Degree
2 2 (1.96%) PRINCE2 Certification
3 1 (0.98%) CISA
3 1 (0.98%) CISM
3 1 (0.98%) CCA
Quality Assurance & Compliance
1 59 (57.84%) EMIR
2 32 (31.37%) Dodd-Frank
3 7 (6.86%) QA
3 7 (6.86%) AIFMD
3 7 (6.86%) FATCA
4 5 (4.90%) Basel III
5 2 (1.96%) Solvency II
6 1 (0.98%) ISO/IEC 27001
6 1 (0.98%) UCITS
Systems Management
1 4 (3.92%) HP Quality Center
Vendors
1 6 (5.88%) Microsoft
2 4 (3.92%) HP
3 2 (1.96%) ION Trading
3 2 (1.96%) Actimize
3 2 (1.96%) Oracle
3 2 (1.96%) Sybase
4 1 (0.98%) Fidessa
4 1 (0.98%) Wall Street Systems
4 1 (0.98%) Pega
4 1 (0.98%) Avaloq
City, London
TEKsystems
Rate: £550 - £650 per day
Posted: 2 days ago
City of London
Interquest - IQ Telecom
Rate: £500 - £600 per day
Posted: 4 days ago
London
Real Staffing
Rate: £500 - £550 per day + competitive
Posted: 7 days ago
London
Orgtel
Rate: £550 - £650 per day + competitive
Posted: 7 days ago
City of London
Huxley Banking & Financial Services
Rate: £650 - £750 per day + competitive
Posted: 14 days ago
South East England
Interquest - ITQ Financial - Tunbridge Wells
Posted: 17 days ago
London
Real Staffing
Rate: £700 per day + competitive
Posted: 17 days ago
London
Huxley Banking & Financial Services
Rate: £600 - £750 per day
Posted: 22 days ago
London
Huxley Banking & Financial Services
Rate: £500 - £600 per day
Posted: 23 days ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £600.00 per day
Posted: 25 days ago