The table below looks at the statistics for MiFID skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited MiFID over the 3 months to 25 February 2017 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
25 Feb 2017
Same period 2016 Same period 2015
Markets in Financial Instruments Directive (MiFID)
UK / England
Rank 271 466 562
Rank change year-on-year
+195 +96
Contract jobs citing MiFID 340 146 33
As % of all contract IT jobs located in England 0.82% 0.31% 0.069%
As % of the Quality Assurance & Compliance category 7.08% 2.67% 0.59%
Number of daily rates quoted 259 98 24
Median daily rate £575 £580 £550
Median daily rate % change year-on-year
-0.90% +5.50%
90% offered a daily rate of more than £475 £428 £265
10% offered a daily rate of more than £700 £750 £643
UK excluding London median daily rate £419 £341 £375
% change year-on-year
+22.98% -9.20%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
4801 5471 5605
As % of all contract IT jobs located in England 11.63% 11.47% 11.76%
Number of daily rates quoted 3160 3548 3473
Median daily rate £450 £420 £400
Median daily rate % change year-on-year
+7.14% +5.00%
90% offered a daily rate of more than £270 £253 £225
10% offered a daily rate of more than £623 £600 £600
UK excluding London median daily rate £400 £390 £380
% change year-on-year
+2.56% +2.63%
Number of hourly rates quoted 156 183 164
Median hourly rate £23.34 £42.00 £22.50
Median hourly rate % change year-on-year
-44.42% +86.66%
90% offered a hourly rate of more than £11.00 £13.60 £11.00
10% offered a hourly rate of more than £52.50 £61.00 £51.40
UK excluding London median hourly rate £20.75 £42.50 £22.50
% change year-on-year
-51.17% +88.88%

MiFID
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing MiFID as a proportion of all IT contracts with a match in 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 25 February 2017.

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 median contractor rates quoted in IT jobs citing MiFID within the England region over the 3 months to 25 February 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +141 334 £575 -1.70% 42
South East +21 2 £575 -
North West - 2 £278 -
South West - 1 £340 -
East of England - 1 £450 -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 25 February 2017, IT contractor jobs citing MiFID also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for MiFID.

1 294 (48.76%) Finance
2 258 (42.79%) Banking
3 191 (31.67%) Front Office
4 155 (25.70%) Business Analysis
5 150 (24.88%) EMIR
6 139 (23.05%) Derivative
7 126 (20.90%) Investment Banking
8 120 (19.90%) Dodd-Frank
9 114 (18.91%) Stakeholder Management
10 112 (18.57%) Equities
11 101 (16.75%) Project Management
12 98 (16.25%) Agile Software Development
13 96 (15.92%) Foreign Exchange (FX)
14 88 (14.59%) Fixed Income
15 83 (13.76%) SQL
16 80 (13.27%) Asset Management
17 79 (13.10%) Java
18 70 (11.61%) Change Management
19 61 (10.12%) Investment Management
20 58 (9.62%) GAP Analysis
21 57 (9.45%) Unix
22 53 (8.79%) Wealth Management
23 51 (8.46%) Scrum
23 51 (8.46%) SDLC
24 44 (7.30%) Electronic Trading
25 40 (6.63%) Back Office
25 40 (6.63%) XML
26 39 (6.47%) Analytical Skills
27 38 (6.30%) Degree
28 34 (5.64%) Fintech

MiFID
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (0.50%) Confluence
2 2 (0.33%) WebLogic
2 2 (0.33%) WebSphere
3 1 (0.17%) Apache Spark
3 1 (0.17%) MTS
3 1 (0.17%) Oracle SOA Suite
Applications
1 11 (1.82%) MS Excel
2 9 (1.49%) MS PowerPoint
3 6 (1.00%) MS Office
4 5 (0.83%) MS Project
5 4 (0.66%) MS Visio
Business Applications
1 5 (0.83%) ION MarketView
1 5 (0.83%) Summit
2 4 (0.66%) Bloomberg TOMS
3 3 (0.50%) thinkFolio
4 2 (0.33%) Murex MxG2000
4 2 (0.33%) Sonata
5 1 (0.17%) BondVision
5 1 (0.17%) BusinessWorks
5 1 (0.17%) CA PPM
5 1 (0.17%) Markit EDM
5 1 (0.17%) RMDS
5 1 (0.17%) Sentinel
5 1 (0.17%) SimCorp Dimension
5 1 (0.17%) Temenos T24
Cloud Services
1 9 (1.49%) Amazon AWS
1 9 (1.49%) Microsoft Azure
Communications & Networking
1 7 (1.16%) DSL
2 6 (1.00%) TCP/IP
3 3 (0.50%) Multicast
4 2 (0.33%) HTTP
4 2 (0.33%) Internet
5 1 (0.17%) Extranet
5 1 (0.17%) Network Security
Database & Business Intelligence
1 27 (4.48%) Relational Database
2 25 (4.15%) DB2
3 14 (2.32%) Big Data
4 11 (1.82%) Data Warehouse
4 11 (1.82%) Hadoop
4 11 (1.82%) SQL Server
5 9 (1.49%) KDB
6 7 (1.16%) Oracle Database
7 4 (0.66%) Hazelcast
8 3 (0.50%) Data Mining
8 3 (0.50%) Kdb+
8 3 (0.50%) SQL Server 2008
9 2 (0.33%) Apache Hive
9 2 (0.33%) HBase
9 2 (0.33%) MongoDB
9 2 (0.33%) NoSQL
9 2 (0.33%) SQL Server Analysis Services
10 1 (0.17%) Apache Cassandra
10 1 (0.17%) Neo4j
10 1 (0.17%) QlikView
Development Applications
1 22 (3.65%) Cucumber
2 21 (3.48%) Git (software)
2 21 (3.48%) Maven
3 20 (3.32%) Concordion
3 20 (3.32%) Gradle
3 20 (3.32%) JBehave
3 20 (3.32%) Jenkins
4 17 (2.82%) Ant
5 16 (2.65%) Hudson
5 16 (2.65%) JUnit
6 13 (2.16%) Selenium
7 9 (1.49%) FitNesse
8 8 (1.33%) JIRA
9 6 (1.00%) TeamCity
9 6 (1.00%) webpack
10 5 (0.83%) Mockito
10 5 (0.83%) Subversion
11 2 (0.33%) EasyMock
11 2 (0.33%) Eclipse
12 1 (0.17%) WATIR
General
1 294 (48.76%) Finance
2 258 (42.79%) Banking
3 191 (31.67%) Front Office
4 126 (20.90%) Investment Banking
5 40 (6.63%) Back Office
6 32 (5.31%) Legal
7 12 (1.99%) Advertising
7 12 (1.99%) Financial Institution
8 10 (1.66%) Prime Brokerage
8 10 (1.66%) Retail
9 8 (1.33%) Private Banking
10 5 (0.83%) French Language
11 4 (0.66%) Corporate Banking
12 3 (0.50%) Telecoms
12 3 (0.50%) Wholesale Banking
13 2 (0.33%) German Language
13 2 (0.33%) International Banking
13 2 (0.33%) Mandarin Language
13 2 (0.33%) Marketing
13 2 (0.33%) Retail Banking
Job Titles
1 329 (54.56%) Business Analyst
2 327 (54.23%) Analyst
3 233 (38.64%) MiFID Business Analyst
4 84 (13.93%) Developer
5 82 (13.60%) Project Manager
6 60 (9.95%) Regulatory Business Analyst
7 49 (8.13%) Senior Business Analyst
8 48 (7.96%) Senior Analyst
9 43 (7.13%) Java Developer
9 43 (7.13%) MiFID Project Manager
10 40 (6.63%) Architect
11 34 (5.64%) Front Office Business Analyst
12 32 (5.31%) Derivatives Business Analyst
13 30 (4.98%) Banking Analyst
14 28 (4.64%) Investment Banking Business Analyst
14 28 (4.64%) IT Analyst
14 28 (4.64%) IT Business Analyst
15 26 (4.31%) Business IT Analyst
16 23 (3.81%) Report Analyst
17 20 (3.32%) C++ Developer
Libraries, Frameworks & Software Standards
1 40 (6.63%) XML
2 33 (5.47%) Spring
3 32 (5.31%) FIX Protocol
4 31 (5.14%) FpML
5 27 (4.48%) Middleware
6 25 (4.15%) HTML
7 20 (3.32%) HTML5
7 20 (3.32%) JSON
8 17 (2.82%) SOAP
9 16 (2.65%) Boost C++ Libraries
9 16 (2.65%) STL
10 11 (1.82%) Protocol Buffers
11 9 (1.49%) Node.js
12 7 (1.16%) WebSockets
13 5 (0.83%) .NET
13 5 (0.83%) AngularJS
14 4 (0.66%) JMS
14 4 (0.66%) Murex MxML
14 4 (0.66%) React
15 3 (0.50%) Lambda Expressions
Miscellaneous
1 139 (23.05%) Derivative
2 112 (18.57%) Equities
3 96 (15.92%) Foreign Exchange (FX)
4 88 (14.59%) Fixed Income
5 39 (6.47%) Analytical Skills
6 34 (5.64%) Fintech
7 25 (4.15%) Equity Derivative
8 21 (3.48%) Reference Data
9 20 (3.32%) OTC Derivatives
10 16 (2.65%) Algorithms
11 14 (2.32%) Market Risk
12 13 (2.16%) Computer Science
13 12 (1.99%) N-Tier
14 11 (1.82%) Credit Risk
15 8 (1.33%) ASIC
15 8 (1.33%) Management Information System
16 6 (1.00%) DTCC
16 6 (1.00%) Hedge funds
16 6 (1.00%) Interest Rate Derivative
16 6 (1.00%) User Experience
Operating Systems
1 57 (9.45%) Unix
2 29 (4.81%) Linux
3 13 (2.16%) Windows
4 4 (0.66%) Solaris
5 1 (0.17%) Windows Server
Processes & Methodologies
1 155 (25.70%) Business Analysis
2 114 (18.91%) Stakeholder Management
3 101 (16.75%) Project Management
4 98 (16.25%) Agile Software Development
5 80 (13.27%) Asset Management
6 70 (11.61%) Change Management
7 61 (10.12%) Investment Management
8 58 (9.62%) GAP Analysis
9 53 (8.79%) Wealth Management
10 51 (8.46%) Scrum
10 51 (8.46%) SDLC
11 44 (7.30%) Electronic Trading
12 30 (4.98%) Data Management
12 30 (4.98%) Microservices
13 29 (4.81%) Data Modelling
13 29 (4.81%) Low Latency
13 29 (4.81%) Target Operating Model
14 27 (4.48%) Algorithmic Trading
14 27 (4.48%) Stakeholder Engagement
15 26 (4.31%) OO
Programming Languages
1 83 (13.76%) SQL
2 79 (13.10%) Java
3 28 (4.64%) Shell Script
4 27 (4.48%) C++
5 17 (2.82%) JavaScript
6 14 (2.32%) C#
7 7 (1.16%) PL/SQL
8 6 (1.00%) ES6
9 5 (0.83%) C
9 5 (0.83%) Python
10 2 (0.33%) Perl
10 2 (0.33%) Scala
10 2 (0.33%) T-SQL
10 2 (0.33%) VBA
11 1 (0.17%) Ruby
11 1 (0.17%) VB.NET
11 1 (0.17%) VBScript
11 1 (0.17%) VC++
Qualifications
1 38 (6.30%) Degree
2 12 (1.99%) PMP
3 11 (1.82%) ISEB
4 10 (1.66%) PMI Certification
5 5 (0.83%) PRINCE2 Practitioner
6 2 (0.33%) CBAP
6 2 (0.33%) ISTQB
6 2 (0.33%) PgMP
6 2 (0.33%) PRINCE2 Certification
7 1 (0.17%) CAPM
7 1 (0.17%) CFA
7 1 (0.17%) CISA
7 1 (0.17%) CISM
7 1 (0.17%) CISSP
7 1 (0.17%) IIBA
7 1 (0.17%) QiCA
7 1 (0.17%) Security Cleared
Quality Assurance & Compliance
1 150 (24.88%) EMIR
2 120 (19.90%) Dodd-Frank
3 22 (3.65%) FATCA
4 20 (3.32%) QA
5 11 (1.82%) AIFMD
5 11 (1.82%) Basel III
5 11 (1.82%) IFRS
5 11 (1.82%) IFRS 9
5 11 (1.82%) PMO
6 10 (1.66%) Solvency II
7 4 (0.66%) Data Quality
8 3 (0.50%) GDPR
8 3 (0.50%) SEPA
9 2 (0.33%) UCITS
10 1 (0.17%) CRD IV
10 1 (0.17%) ISO20022
10 1 (0.17%) SDET
10 1 (0.17%) SLA
System Software
1 18 (2.99%) Docker
2 7 (1.16%) HDFS
Systems Management
1 1 (0.17%) Kubernetes
Vendors
1 22 (3.65%) Bloomberg
2 18 (2.99%) Oracle
3 16 (2.65%) Perforce
4 12 (1.99%) Murex
5 11 (1.82%) Solace
6 10 (1.66%) Fidessa
6 10 (1.66%) ION Trading
7 9 (1.49%) Cognizant
8 7 (1.16%) Microsoft
8 7 (1.16%) Sybase
9 5 (0.83%) Calypso
9 5 (0.83%) TIBCO
10 4 (0.66%) Charles River
10 4 (0.66%) Reuters
11 3 (0.50%) GoldenSource
11 3 (0.50%) Tradeweb
12 2 (0.33%) Adobe
12 2 (0.33%) FNZ
12 2 (0.33%) Google
12 2 (0.33%) Temenos
City of London
Real Staffing
Rate: £500 - £550 per day + competitive
Posted: Yesterday
City, London
Hays Finance Technology
Rate: £550.00 - £650.00 per day
Posted: 15 hours ago
London
McGregor Boyall
Rate: £600 - £800 per day
Posted: 16 hours ago
London
Orgtel
Rate: £600 - £650 per day
Posted: 20 hours ago
East London
Marcus Donald People
Rate: £400 - £500 per day
Posted: Yesterday
London
Harvey Nash plc
Rate: £450 - £475 per day
Posted: 18 hours ago
London
McGregor Boyall
Rate: £550 - £650 per day
Posted: 4 days ago
City, London
Pioneer Search
Rate: £600 - £650 per day
Posted: Yesterday
City, London
Harvey Nash plc
Rate: £600 - £650 per day +
Posted: 3 days ago
City, London
McGregor Boyall
Rate: £600 - £700 per day
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London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 3 days ago
London
McGregor Boyall
Posted: 2 days ago
London
Harvey Nash plc
Rate: £600 - £650 per day
Posted: 3 days ago
London
Robert Walters UK
Rate: £500 - £750 per day
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TEKsystems
Rate: £650 - £750 per day
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