The table below looks at the statistics for MiFID skills in IT contracts advertised for the London 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)
England / London
Rank 138 279 379
Rank change year-on-year
+141 +100
Contract jobs citing MiFID 334 141 33
As % of all contract IT jobs located in London 1.75% 0.66% 0.15%
As % of the Quality Assurance & Compliance category 14.59% 5.80% 1.34%
Number of daily rates quoted 254 97 24
Median daily rate £575 £585 £550
Median daily rate % change year-on-year
-1.70% +6.36%
90% offered a daily rate of more than £475 £430 £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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2289 2431 2464
As % of all contract IT jobs located in London 11.98% 11.34% 11.55%
Number of daily rates quoted 1600 1694 1733
Median daily rate £481 £450 £430
Median daily rate % change year-on-year
+6.94% +4.65%
90% offered a daily rate of more than £313 £287 £250
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £390 £380
% change year-on-year
+2.56% +2.63%
Number of hourly rates quoted 35 28 19
Median hourly rate £25.00 £22.00 £21.50
Median hourly rate % change year-on-year
+13.63% +2.32%
90% offered a hourly rate of more than £11.25 £11.50 £15.00
10% offered a hourly rate of more than £48.25 £35.35 £99.40
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 London

The demand trend of contract jobs across the 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 London

MiFID
Daily Rate Trend in London

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

MiFID Daily Rate Trend in London

MiFID
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing MiFID across the London region over the 3 months to 25 February 2017.

MiFID Daily Rate Histogram in London

MiFID
Hourly Rate Trend in London

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

MiFID Hourly Rate Trend in London

MiFID
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MiFID within the London 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
City of London +64 81 £600 - 13
Canary Wharf 0 4 £500 -25.92%
Docklands, London - 3 £600 -
MiFID
England

MiFID
Top 30 Related IT Skills in London

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 London region with a requirement for MiFID.

1 283 (48.13%) Finance
2 252 (42.86%) Banking
3 191 (32.48%) Front Office
4 154 (26.19%) Business Analysis
5 149 (25.34%) EMIR
6 136 (23.13%) Derivative
7 125 (21.26%) Investment Banking
8 120 (20.41%) Dodd-Frank
9 114 (19.39%) Stakeholder Management
10 109 (18.54%) Equities
11 101 (17.18%) Project Management
12 97 (16.50%) Agile Software Development
13 96 (16.33%) Foreign Exchange (FX)
14 88 (14.97%) Fixed Income
15 82 (13.95%) SQL
16 80 (13.61%) Asset Management
17 79 (13.44%) Java
18 68 (11.56%) Change Management
19 59 (10.03%) Investment Management
20 57 (9.69%) Unix
21 53 (9.01%) Wealth Management
22 52 (8.84%) GAP Analysis
23 51 (8.67%) Scrum
23 51 (8.67%) SDLC
24 44 (7.48%) Electronic Trading
25 40 (6.80%) Back Office
25 40 (6.80%) XML
26 38 (6.46%) Degree
26 38 (6.46%) Analytical Skills
27 34 (5.78%) Fintech

MiFID
Top Related IT Skills in London 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 (0.51%) Confluence
2 2 (0.34%) WebLogic
2 2 (0.34%) WebSphere
3 1 (0.17%) Apache Spark
3 1 (0.17%) MTS
Applications
1 10 (1.70%) MS Excel
2 9 (1.53%) MS PowerPoint
3 6 (1.02%) MS Office
4 5 (0.85%) MS Project
5 3 (0.51%) MS Visio
Business Applications
1 5 (0.85%) ION MarketView
1 5 (0.85%) Summit
2 4 (0.68%) Bloomberg TOMS
3 3 (0.51%) thinkFolio
4 2 (0.34%) Murex MxG2000
4 2 (0.34%) 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 (1.53%) Amazon AWS
1 9 (1.53%) Microsoft Azure
Communications & Networking
1 7 (1.19%) DSL
2 6 (1.02%) TCP/IP
3 3 (0.51%) Multicast
4 2 (0.34%) HTTP
4 2 (0.34%) Internet
5 1 (0.17%) Extranet
5 1 (0.17%) Network Security
Database & Business Intelligence
1 27 (4.59%) Relational Database
2 25 (4.25%) DB2
3 14 (2.38%) Big Data
4 11 (1.87%) Hadoop
5 10 (1.70%) Data Warehouse
5 10 (1.70%) SQL Server
6 9 (1.53%) KDB
7 7 (1.19%) Oracle Database
8 4 (0.68%) Hazelcast
9 3 (0.51%) Data Mining
9 3 (0.51%) Kdb+
10 2 (0.34%) Apache Hive
10 2 (0.34%) HBase
10 2 (0.34%) MongoDB
10 2 (0.34%) NoSQL
10 2 (0.34%) SQL Server 2008
11 1 (0.17%) Apache Cassandra
11 1 (0.17%) Neo4j
11 1 (0.17%) SQL Server Analysis Services
11 1 (0.17%) Tick Data
Development Applications
1 22 (3.74%) Cucumber
2 21 (3.57%) Git (software)
2 21 (3.57%) Maven
3 20 (3.40%) Concordion
3 20 (3.40%) Gradle
3 20 (3.40%) JBehave
3 20 (3.40%) Jenkins
4 17 (2.89%) Ant
5 16 (2.72%) Hudson
5 16 (2.72%) JUnit
6 13 (2.21%) Selenium
7 9 (1.53%) FitNesse
8 8 (1.36%) JIRA
9 6 (1.02%) TeamCity
9 6 (1.02%) webpack
10 5 (0.85%) Mockito
10 5 (0.85%) Subversion
11 2 (0.34%) EasyMock
11 2 (0.34%) Eclipse
12 1 (0.17%) WATIR
General
1 283 (48.13%) Finance
2 252 (42.86%) Banking
3 191 (32.48%) Front Office
4 125 (21.26%) Investment Banking
5 40 (6.80%) Back Office
6 32 (5.44%) Legal
7 12 (2.04%) Advertising
7 12 (2.04%) Financial Institution
8 10 (1.70%) Prime Brokerage
8 10 (1.70%) Retail
9 8 (1.36%) Private Banking
10 5 (0.85%) French Language
11 4 (0.68%) Corporate Banking
12 3 (0.51%) Telecoms
12 3 (0.51%) Wholesale Banking
13 2 (0.34%) German Language
13 2 (0.34%) International Banking
13 2 (0.34%) Mandarin Language
13 2 (0.34%) Marketing
13 2 (0.34%) Retail Banking
Job Titles
1 319 (54.25%) Business Analyst
2 316 (53.74%) Analyst
3 225 (38.27%) MiFID Business Analyst
4 83 (14.12%) Developer
5 80 (13.61%) Project Manager
6 57 (9.69%) Regulatory Business Analyst
7 46 (7.82%) Senior Business Analyst
8 45 (7.65%) Senior Analyst
9 43 (7.31%) Java Developer
9 43 (7.31%) MiFID Project Manager
10 40 (6.80%) Architect
11 34 (5.78%) Front Office Business Analyst
12 30 (5.10%) Banking Analyst
12 30 (5.10%) Derivatives Business Analyst
13 28 (4.76%) Investment Banking Business Analyst
13 28 (4.76%) IT Analyst
13 28 (4.76%) IT Business Analyst
14 26 (4.42%) Business IT Analyst
15 21 (3.57%) Report Analyst
16 20 (3.40%) C++ Developer
Libraries, Frameworks & Software Standards
1 40 (6.80%) XML
2 33 (5.61%) Spring
3 32 (5.44%) FIX Protocol
4 31 (5.27%) FpML
5 27 (4.59%) Middleware
6 25 (4.25%) HTML
7 20 (3.40%) HTML5
7 20 (3.40%) JSON
8 17 (2.89%) SOAP
9 16 (2.72%) Boost C++ Libraries
9 16 (2.72%) STL
10 11 (1.87%) Protocol Buffers
11 9 (1.53%) Node.js
12 7 (1.19%) WebSockets
13 5 (0.85%) AngularJS
14 4 (0.68%) .NET
14 4 (0.68%) JMS
14 4 (0.68%) Murex MxML
14 4 (0.68%) React
15 3 (0.51%) CSS
Miscellaneous
1 136 (23.13%) Derivative
2 109 (18.54%) Equities
3 96 (16.33%) Foreign Exchange (FX)
4 88 (14.97%) Fixed Income
5 38 (6.46%) Analytical Skills
6 34 (5.78%) Fintech
7 24 (4.08%) Equity Derivative
8 21 (3.57%) Reference Data
9 19 (3.23%) OTC Derivatives
10 16 (2.72%) Algorithms
11 14 (2.38%) Market Risk
12 13 (2.21%) Computer Science
13 12 (2.04%) N-Tier
14 11 (1.87%) Credit Risk
15 8 (1.36%) ASIC
16 7 (1.19%) Management Information System
17 6 (1.02%) DTCC
17 6 (1.02%) Hedge funds
17 6 (1.02%) Interest Rate Derivative
17 6 (1.02%) User Experience
Operating Systems
1 57 (9.69%) Unix
2 29 (4.93%) Linux
3 13 (2.21%) Windows
4 4 (0.68%) Solaris
5 1 (0.17%) Windows Server
Processes & Methodologies
1 154 (26.19%) Business Analysis
2 114 (19.39%) Stakeholder Management
3 101 (17.18%) Project Management
4 97 (16.50%) Agile Software Development
5 80 (13.61%) Asset Management
6 68 (11.56%) Change Management
7 59 (10.03%) Investment Management
8 53 (9.01%) Wealth Management
9 52 (8.84%) GAP Analysis
10 51 (8.67%) Scrum
10 51 (8.67%) SDLC
11 44 (7.48%) Electronic Trading
12 30 (5.10%) Microservices
13 29 (4.93%) Low Latency
14 28 (4.76%) Data Management
14 28 (4.76%) Data Modelling
15 27 (4.59%) Algorithmic Trading
15 27 (4.59%) Stakeholder Engagement
15 27 (4.59%) Target Operating Model
16 26 (4.42%) OO
Programming Languages
1 82 (13.95%) SQL
2 79 (13.44%) Java
3 28 (4.76%) Shell Script
4 27 (4.59%) C++
5 17 (2.89%) JavaScript
6 13 (2.21%) C#
7 7 (1.19%) PL/SQL
8 6 (1.02%) ES6
9 5 (0.85%) C
9 5 (0.85%) Python
10 2 (0.34%) Perl
10 2 (0.34%) Scala
10 2 (0.34%) VBA
11 1 (0.17%) Ruby
11 1 (0.17%) T-SQL
11 1 (0.17%) VC++
Qualifications
1 38 (6.46%) Degree
2 12 (2.04%) PMP
3 11 (1.87%) ISEB
4 10 (1.70%) PMI Certification
5 5 (0.85%) PRINCE2 Practitioner
6 2 (0.34%) CBAP
6 2 (0.34%) ISTQB
6 2 (0.34%) PgMP
6 2 (0.34%) 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
1 149 (25.34%) EMIR
2 120 (20.41%) Dodd-Frank
3 21 (3.57%) FATCA
4 20 (3.40%) QA
5 11 (1.87%) AIFMD
5 11 (1.87%) Basel III
5 11 (1.87%) PMO
6 10 (1.70%) IFRS
6 10 (1.70%) IFRS 9
7 9 (1.53%) Solvency II
8 4 (0.68%) Data Quality
9 3 (0.51%) SEPA
10 2 (0.34%) UCITS
11 1 (0.17%) CRD IV
11 1 (0.17%) GDPR
11 1 (0.17%) ISO20022
11 1 (0.17%) SDET
11 1 (0.17%) SLA
System Software
1 18 (3.06%) Docker
2 7 (1.19%) HDFS
Systems Management
1 1 (0.17%) Kubernetes
Vendors
1 22 (3.74%) Bloomberg
2 17 (2.89%) Oracle
3 16 (2.72%) Perforce
4 12 (2.04%) Murex
5 11 (1.87%) Solace
6 10 (1.70%) Fidessa
6 10 (1.70%) ION Trading
7 9 (1.53%) Cognizant
8 7 (1.19%) Sybase
9 6 (1.02%) Microsoft
10 5 (0.85%) Calypso
10 5 (0.85%) TIBCO
11 4 (0.68%) Charles River
11 4 (0.68%) Reuters
12 3 (0.51%) GoldenSource
12 3 (0.51%) Tradeweb
13 2 (0.34%) Adobe
13 2 (0.34%) FNZ
13 2 (0.34%) Google
14 1 (0.17%) FXall
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
Posted: Yesterday
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
Posted: 2 days ago
City, London
TEKsystems
Rate: £650 - £750 per day
Posted: 3 days ago