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 3 March 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
3 Mar 2015
Same period 2014 Same period 2013
Markets in Financial Instruments Directive (MiFID)
Rank 517 512 477
Rank change year-on-year
-5 -35
Contract jobs citing MiFID 39 37 30
As % of all contract IT jobs located in England 0.082% 0.080% 0.073%
As % of the Quality Assurance & Compliance category 1.03% 1.01% 0.97%
Number of daily rates quoted 25 32 26
Average daily rate
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of your Daily Rate
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£550 £638 £638
Average daily rate % change year-on-year
-13.72% -
90% offered a daily rate of more than £265 £350 £415
10% offered a daily rate of more than £700 £850 £725
UK excluding London average daily rate £375 - £115
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
3772 3669 3077
As % of all contract IT jobs located in England 7.90% 7.94% 7.45%
Number of daily rates quoted 2247 2181 1753
Average daily rate £400 £413 £400
Average daily rate % change year-on-year
-3.03% +3.12%
90% offered a daily rate of more than £225 £250 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £380 £370 £330
% change year-on-year
+2.70% +12.12%
Number of hourly rates quoted 125 142 197
Average hourly rate £20.00 £16.00 £22.00
Average hourly rate % change year-on-year
+25.00% -27.27%
90% offered a hourly rate of more than £11.00 £10.50 £10.58
10% offered a hourly rate of more than £49.50 £45.00 £46.75
UK excluding London average hourly rate £18.50 £17.00 £20.00
% change year-on-year
+8.82% -15.00%

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 3 March 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 3 March 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 +9 37 £550 -13.72% 12
North West - 2 - -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 3 March 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 34 (50.75%) Banking
2 29 (43.28%) EMIR
3 25 (37.31%) Investment Banking
4 19 (28.36%) Finance
5 14 (20.90%) Asset Management
5 14 (20.90%) Dodd-Frank
6 12 (17.91%) Investment Management
7 10 (14.93%) Front Office
8 9 (13.43%) Derivative
9 8 (11.94%) Business Analysis
9 8 (11.94%) QA
9 8 (11.94%) FATCA
9 8 (11.94%) Back Office
9 8 (11.94%) Stakeholder Management
10 7 (10.45%) Project Management
10 7 (10.45%) Agile Software Development
11 6 (8.96%) SQL
12 5 (7.46%) Foreign Exchange (FX)
12 5 (7.46%) Microsoft
12 5 (7.46%) Fixed Income
12 5 (7.46%) Risk Management
12 5 (7.46%) Workflow
12 5 (7.46%) Equities
12 5 (7.46%) Basel III
12 5 (7.46%) Analytical Skills
13 4 (5.97%) Waterfall
13 4 (5.97%) Electronic Trading
13 4 (5.97%) Analytics
13 4 (5.97%) Actimize
14 3 (4.48%) MS Office

MiFID
Top Related IT Skills in England by Category

For the 6 months to 3 March 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 3 (4.48%) MTS
Applications
1 3 (4.48%) MS Office
2 2 (2.99%) MS Excel
2 2 (2.99%) MS Visio
2 2 (2.99%) MS PowerPoint
3 1 (1.49%) MS Project
Business Applications
1 3 (4.48%) ION MarketView
2 1 (1.49%) SunGard Stream Clearvision
2 1 (1.49%) Rolfe and Nolan
Database & Business Intelligence
1 2 (2.99%) SQL Server
2 1 (1.49%) MS Access
2 1 (1.49%) Data Mining
2 1 (1.49%) Relational Database
Development Applications
1 1 (1.49%) Rational Rose
General
1 34 (50.75%) Banking
2 25 (37.31%) Investment Banking
3 19 (28.36%) Finance
4 10 (14.93%) Front Office
5 8 (11.94%) Back Office
6 2 (2.99%) Legal
7 1 (1.49%) Wholesale Banking
7 1 (1.49%) Private Banking
7 1 (1.49%) Financial Institution
Job Titles
1 34 (50.75%) Analyst
2 31 (46.27%) Business Analyst
3 17 (25.37%) Project Manager
4 6 (8.96%) Investment Banking Business Analyst
5 5 (7.46%) MiFID Business Analyst
5 5 (7.46%) Test Leader
6 4 (5.97%) Banking Business Analyst
6 4 (5.97%) Developer
6 4 (5.97%) Senior Business Analyst
6 4 (5.97%) Senior Analyst
7 3 (4.48%) Programme Manager
7 3 (4.48%) Test Analyst
7 3 (4.48%) Systems Analyst
8 2 (2.99%) Consultant
8 2 (2.99%) Business Systems Analyst
8 2 (2.99%) Lead Business Analyst
8 2 (2.99%) VBA Developer
8 2 (2.99%) IT Business Analyst
8 2 (2.99%) Python Developer
8 2 (2.99%) Excel Developer
Miscellaneous
1 9 (13.43%) Derivative
2 5 (7.46%) Foreign Exchange (FX)
2 5 (7.46%) Fixed Income
2 5 (7.46%) Equities
2 5 (7.46%) Analytical Skills
3 3 (4.48%) User Experience
4 2 (2.99%) Reference Data
5 1 (1.49%) Equity Derivative
5 1 (1.49%) Credit Derivative
Operating Systems
1 1 (1.49%) Windows
Processes & Methodologies
1 14 (20.90%) Asset Management
2 12 (17.91%) Investment Management
3 8 (11.94%) Business Analysis
3 8 (11.94%) Stakeholder Management
4 7 (10.45%) Project Management
4 7 (10.45%) Agile Software Development
5 5 (7.46%) Risk Management
5 5 (7.46%) Workflow
6 4 (5.97%) Electronic Trading
6 4 (5.97%) Waterfall
6 4 (5.97%) Analytics
7 3 (4.48%) Automation Testing
7 3 (4.48%) Business Transformation
7 3 (4.48%) BPMN
7 3 (4.48%) GAP Analysis
7 3 (4.48%) Scrum
7 3 (4.48%) Requirements Analysis
8 2 (2.99%) Project Planning
8 2 (2.99%) Wealth Management
8 2 (2.99%) Change Management
Programming Languages
1 6 (8.96%) SQL
2 2 (2.99%) VBA
2 2 (2.99%) Python
2 2 (2.99%) Ruby
2 2 (2.99%) C#
2 2 (2.99%) C++
2 2 (2.99%) Java
2 2 (2.99%) Perl
Qualifications
1 2 (2.99%) Degree
2 1 (1.49%) VCP4
2 1 (1.49%) CCA
Quality Assurance & Compliance
1 29 (43.28%) EMIR
2 14 (20.90%) Dodd-Frank
3 8 (11.94%) QA
3 8 (11.94%) FATCA
4 5 (7.46%) Basel III
5 3 (4.48%) UCITS
6 1 (1.49%) Basel II
6 1 (1.49%) AIFMD
6 1 (1.49%) CRD IV
Vendors
1 5 (7.46%) Microsoft
2 4 (5.97%) Actimize
3 3 (4.48%) ION Trading
4 2 (2.99%) Oracle
4 2 (2.99%) Sybase
5 1 (1.49%) Avaloq
London
McGregor Boyall
Rate: £500 - £550 per day
Posted: Yesterday
London
Hays IT - Uk Posting account
Rate: £500.00 - £650.00 per day
Posted: 18 days ago