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 2 September 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
2 Sep 2015
Same period 2014 Same period 2013
Markets in Financial Instruments Directive (MiFID)
Rank 481 555 528
Rank change year-on-year
+74 -27
Contract jobs citing MiFID 107 28 41
As % of all contract IT jobs located in England 0.20% 0.055% 0.084%
As % of the Quality Assurance & Compliance category 2.48% 0.67% 1.11%
Number of daily rates quoted 75 25 34
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£600 £600 £738
Average daily rate % change year-on-year
- -18.64%
90% offered a daily rate of more than £450 £473 £600
10% offered a daily rate of more than £725 £735 £920
UK excluding London average daily rate £475 £110 £950
% change year-on-year
+331.81% -88.42%
Number of hourly rates quoted 1 0 0
Average hourly rate £17.00 - -
UK excluding London average hourly rate £17.00 - -
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
4306 4150 3688
As % of all contract IT jobs located in England 8.01% 8.11% 7.56%
Number of daily rates quoted 2703 2552 2217
Average daily rate £425 £413 £425
Average daily rate % change year-on-year
+3.03% -2.94%
90% offered a daily rate of more than £265 £230 £265
10% offered a daily rate of more than £575 £563 £625
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 184 189 148
Average hourly rate £21.51 £20.00 £17.50
Average hourly rate % change year-on-year
+7.56% +14.28%
90% offered a hourly rate of more than £11.86 £12.00 £11.00
10% offered a hourly rate of more than £45.00 £45.00 £37.74
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

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 2 September 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 2 September 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 +71 105 £600 - 44
South West -2 1 £450 +309.09%
North East - 1 - -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 2 September 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.

1 108 (62.79%) Banking
2 98 (56.98%) EMIR
3 83 (48.26%) Finance
4 74 (43.02%) Dodd-Frank
5 72 (41.86%) Investment Banking
6 48 (27.91%) Front Office
7 37 (21.51%) Fixed Income
8 36 (20.93%) Business Analysis
8 36 (20.93%) Project Management
9 34 (19.77%) Stakeholder Management
10 32 (18.60%) Derivative
11 31 (18.02%) Equities
12 30 (17.44%) Asset Management
13 27 (15.70%) Foreign Exchange (FX)
14 20 (11.63%) SQL
15 18 (10.47%) AIFMD
16 16 (9.30%) Back Office
17 14 (8.14%) Investment Management
18 12 (6.98%) Scrum
18 12 (6.98%) JIRA
18 12 (6.98%) Target Operating Model
19 11 (6.40%) Degree
19 11 (6.40%) FATCA
19 11 (6.40%) Solvency II
20 10 (5.81%) Wealth Management
20 10 (5.81%) Market Risk
20 10 (5.81%) SDLC
20 10 (5.81%) Change Management
20 10 (5.81%) MS Excel
21 9 (5.23%) MS Visio

MiFID
Top Related IT Skills in England by Category

For the 6 months to 2 September 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 1 (0.58%) SharePoint
Applications
1 10 (5.81%) MS Excel
2 9 (5.23%) MS Visio
3 5 (2.91%) MS PowerPoint
4 4 (2.33%) MS Office
5 3 (1.74%) MS Project
6 1 (0.58%) Open Workbench
Business Applications
1 4 (2.33%) Summit
Communications & Networking
1 1 (0.58%) DSL
Database & Business Intelligence
1 4 (2.33%) Data Mining
2 1 (0.58%) BusinessObjects
2 1 (0.58%) Data Warehouse
Development Applications
1 12 (6.98%) JIRA
2 1 (0.58%) FitNesse
2 1 (0.58%) Gradle
2 1 (0.58%) Ant
2 1 (0.58%) JUnit
2 1 (0.58%) Rational Rose
General
1 108 (62.79%) Banking
2 83 (48.26%) Finance
3 72 (41.86%) Investment Banking
4 48 (27.91%) Front Office
5 16 (9.30%) Back Office
6 6 (3.49%) Legal
6 6 (3.49%) Private Banking
7 4 (2.33%) Retail
8 3 (1.74%) Advertising
8 3 (1.74%) Marketing
9 2 (1.16%) Financial Institution
9 2 (1.16%) Corporate Banking
9 2 (1.16%) Games
10 1 (0.58%) Telecoms
10 1 (0.58%) Retail Banking
Job Titles
1 98 (56.98%) Analyst
2 96 (55.81%) Business Analyst
3 53 (30.81%) Project Manager
4 18 (10.47%) Banking Business Analyst
5 13 (7.56%) Senior Business Analyst
5 13 (7.56%) Senior Analyst
6 12 (6.98%) Lead Business Analyst
7 10 (5.81%) Investment Banking Business Analyst
7 10 (5.81%) MiFID Project Manager
8 9 (5.23%) Project Analyst
9 8 (4.65%) Consultant
10 7 (4.07%) Development Manager
10 7 (4.07%) Business Consultant
10 7 (4.07%) Delivery Manager
11 6 (3.49%) Business Project Manager
11 6 (3.49%) Business Manager
11 6 (3.49%) MiFID Business Analyst
11 6 (3.49%) IT Business Analyst
12 4 (2.33%) Banking Analyst
12 4 (2.33%) Senior Manager
Libraries, Frameworks & Software Standards
1 6 (3.49%) FpML
2 3 (1.74%) .NET
2 3 (1.74%) XML
3 1 (0.58%) JMS
3 1 (0.58%) Middleware
3 1 (0.58%) EJB
3 1 (0.58%) FIX Protocol
3 1 (0.58%) REST
Miscellaneous
1 37 (21.51%) Fixed Income
2 32 (18.60%) Derivative
3 31 (18.02%) Equities
4 27 (15.70%) Foreign Exchange (FX)
5 10 (5.81%) Market Risk
6 8 (4.65%) Hedge funds
6 8 (4.65%) ASIC
6 8 (4.65%) Analytical Skills
7 7 (4.07%) Credit Risk
8 4 (2.33%) DTCC
9 3 (1.74%) Computer Science
9 3 (1.74%) User Experience
9 3 (1.74%) Reference Data
10 2 (1.16%) Equity Derivative
11 1 (0.58%) Statistics
11 1 (0.58%) Interest Rate Derivative
11 1 (0.58%) Management Information System
11 1 (0.58%) PMI
11 1 (0.58%) Mathematics
Processes & Methodologies
1 36 (20.93%) Project Management
1 36 (20.93%) Business Analysis
2 34 (19.77%) Stakeholder Management
3 30 (17.44%) Asset Management
4 14 (8.14%) Investment Management
5 12 (6.98%) Target Operating Model
5 12 (6.98%) Scrum
6 10 (5.81%) Change Management
6 10 (5.81%) Wealth Management
6 10 (5.81%) SDLC
7 9 (5.23%) Workflow
7 9 (5.23%) Agile Software Development
8 7 (4.07%) Data Analysis
8 7 (4.07%) Test Strategy
8 7 (4.07%) User Acceptance Testing
8 7 (4.07%) Fund Management
9 6 (3.49%) Validation
9 6 (3.49%) Algorithmic Trading
10 5 (2.91%) System Testing
11 4 (2.33%) Electronic Trading
Programming Languages
1 20 (11.63%) SQL
2 3 (1.74%) C#
3 1 (0.58%) Java
3 1 (0.58%) VBA
Qualifications
1 11 (6.40%) Degree
2 4 (2.33%) ISEB
2 4 (2.33%) PRINCE2 Certification
3 3 (1.74%) IIBA
3 3 (1.74%) CBAP
4 1 (0.58%) APMP
4 1 (0.58%) ISTQB Advanced Certification
4 1 (0.58%) PMP
4 1 (0.58%) PMI Certification
4 1 (0.58%) CISA
4 1 (0.58%) CISM
4 1 (0.58%) ISTQB
Quality Assurance & Compliance
1 98 (56.98%) EMIR
2 74 (43.02%) Dodd-Frank
3 18 (10.47%) AIFMD
4 11 (6.40%) Solvency II
4 11 (6.40%) FATCA
5 7 (4.07%) QA
6 3 (1.74%) UCITS
7 2 (1.16%) Basel III
7 2 (1.16%) Sarbanes-Oxley
8 1 (0.58%) ISO/IEC 27001
Systems Management
1 8 (4.65%) HP Quality Center
Vendors
1 7 (4.07%) HP
2 5 (2.91%) Microsoft
3 4 (2.33%) Murex
3 4 (2.33%) Calypso
4 3 (1.74%) Fidessa
4 3 (1.74%) Salesforce.com
5 2 (1.16%) Bloomberg
5 2 (1.16%) Oracle
6 1 (0.58%) Informatica
6 1 (0.58%) Wall Street Systems
6 1 (0.58%) Pega
London
TEKsystems
Rate: £600 - £700 per day
Posted: 6 hours ago
London
Huxley Banking & Financial Services
Rate: £550 - £600 per day
Posted: Yesterday
City of London
Interquest - IQ Telecom
Rate: £500 - £650 per day
Posted: Yesterday
City, London
Deerfoot IT
Rate: competitive daily rate
Posted: Yesterday
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 5 days ago
London
TEKsystems
Rate: £550 - £650 per day
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 8 days ago
London
Real Staffing
Rate: £600 per day + competitive
Posted: 8 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 9 days ago
Docklands
iKonnect
Rate: £600 - £700 per day
Posted: 14 days ago
London
Hays IT - Uk Posting account
Rate: £650.00 - £675.00 per day
Posted: 14 days ago
City of London
Deerfoot IT
Rate: competitive daily rate
Posted: 16 days ago
London
Orgtel
Rate: £550 - £600 per day
Posted: 16 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600.00 per day
Posted: 21 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 21 days ago
London
Real Staffing
Rate: £450 - £600 per day + competitive
Posted: 22 days ago