Markets in Financial Instruments Directive (MiFID)
Central London > City of London
The table below provides summary statistics for contract job vacancies advertised in the City of London requiring MiFID skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited MiFID over the 6 months leading up to 20 September 2024, comparing them to the same period in the previous two years.
| 6 months to 20 Sep 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 121 | 136 | 185 |
| Rank change year-on-year | +15 | +49 | -23 |
| Contract jobs citing MiFID | 8 | 17 | 16 |
| As % of all contract jobs advertised in the City of London | 0.38% | 0.56% | 0.35% |
| As % of the Quality Assurance & Compliance category | 2.33% | 3.67% | 2.48% |
| Number of daily rates quoted | 3 | 14 | 15 |
| 10th Percentile | £423 | £638 | £250 |
| 25th Percentile | £456 | £678 | £325 |
| Median daily rate (50th Percentile) | £525 | £750 | £700 |
| Median % change year-on-year | -30.00% | +7.14% | +7.69% |
| 75th Percentile | £644 | £838 | - |
| 90th Percentile | £708 | £885 | £778 |
| Central London median daily rate | £525 | £750 | £620 |
| % change year-on-year | -30.00% | +20.97% | -4.62% |
All Quality Assurance and Compliance Skills
City of London
MiFID falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills in the City of London.
| Contract vacancies with a requirement for quality assurance or compliance skills | 344 | 463 | 645 |
| As % of all contract IT jobs advertised in the City of London | 16.32% | 15.38% | 14.09% |
| Number of daily rates quoted | 203 | 350 | 424 |
| 10th Percentile | £350 | £375 | £358 |
| 25th Percentile | £463 | £495 | £463 |
| Median daily rate (50th Percentile) | £563 | £598 | £588 |
| Median % change year-on-year | -5.86% | +1.70% | +8.20% |
| 75th Percentile | £675 | £700 | £700 |
| 90th Percentile | £762 | £800 | £800 |
| Central London median daily rate | £550 | £588 | £575 |
| % change year-on-year | -6.38% | +2.17% | +5.89% |
| Number of hourly rates quoted | 2 | 0 | 7 |
| 10th Percentile | £16.60 | - | £16.00 |
| 25th Percentile | £17.50 | - | £16.88 |
| Median hourly rate | £20.00 | - | £19.50 |
| Median % change year-on-year | - | - | -31.58% |
| 75th Percentile | £22.50 | - | £60.88 |
| 90th Percentile | £23.40 | - | £63.35 |
| Central London median hourly rate | £25.18 | - | £30.50 |
| % change year-on-year | - | - | +22.00% |
MiFID
Job Vacancy Trend in the City of London
Job postings citing MiFID as a proportion of all IT jobs advertised in the City of London.
MiFID
Contractor Daily Rate Trend in the City of London
3-month moving average daily rate quoted in jobs citing MiFID in the City of London.
MiFID
Daily Rate Histogram in the City of London
Daily rate distribution for jobs citing MiFID in the City of London over the 6 months to 20 September 2024.
MiFID
Co-occurring Skills and Capabilities in the City of London by Category
The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories: