Markets in Financial Instruments Directive (MiFID)
Central London > City of Westminster
The following table provides summary statistics for contract job vacancies advertised in the City of Westminster with a requirement for MiFID skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MiFID over the 6 months to 4 May 2024 with a comparison to the same period in the previous 2 years.
| 6 months to 4 May 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 10 | - | - |
| Rank change year-on-year | - | - | - |
| Contract jobs citing MiFID | 3 | 0 | 0 |
| As % of all contract jobs advertised in the City of Westminster | 6.82% | - | - |
| As % of the Quality Assurance & Compliance category | 37.50% | - | - |
| Number of daily rates quoted | 3 | 0 | 0 |
| 10th Percentile | £510 | - | - |
| 25th Percentile | £563 | - | - |
| Median daily rate (50th Percentile) | £700 | - | - |
| 75th Percentile | £774 | - | - |
| 90th Percentile | £788 | - | - |
| Central London median daily rate | £700 | £675 | £700 |
| % change year-on-year | +3.70% | -3.57% | +11.11% |
All Quality Assurance and Compliance Skills
City of Westminster
MiFID is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of Westminster with a requirement for quality assurance or compliance skills.
| Contract vacancies with a requirement for quality assurance or compliance skills | 8 | 3 | 4 |
| As % of all contract IT jobs advertised in the City of Westminster | 18.18% | 7.89% | 12.12% |
| Number of daily rates quoted | 5 | 0 | 4 |
| 10th Percentile | £400 | - | £416 |
| 25th Percentile | £475 | - | £422 |
| Median daily rate (50th Percentile) | £625 | - | £425 |
| 75th Percentile | £750 | - | £463 |
| 90th Percentile | £779 | - | £509 |
| Central London median daily rate | £550 | £600 | £550 |
| % change year-on-year | -8.33% | +9.09% | +7.32% |
MiFID
Job Vacancy Trend in the City of Westminster
Job postings citing MiFID as a proportion of all IT jobs advertised in the City of Westminster.
MiFID
Contractor Daily Rate Trend in the City of Westminster
3-month moving average daily rate quoted in jobs citing MiFID in the City of Westminster.
MiFID
Daily Rate Histogram in the City of Westminster
Daily rate distribution for jobs citing MiFID in the City of Westminster over the 6 months to 4 May 2024.
MiFID
Contract Job Locations in the City of Westminster
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MiFID within the City of Westminster region over the 6 months to 4 May 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.
| Location | Rank Change on Same Period Last Year |
Matching Contract IT Job Ads |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| Mayfair | - | 3 | £700 | - | |
| MiFID Central London |
|||||
MiFID
Co-occurring Skills and Capabilities in the City of Westminster 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: