The following table provides summary statistics for contract job vacancies advertised in Docklands, London with a requirement for MiFID skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited MiFID over the 3 months to 25 June 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Markets in Financial Instruments Directive (MiFID)
London / Docklands, London
3 months to
25 Jun 2017
Same period 2016 Same period 2015
Rank 14 - 26
Rank change year-on-year - 0  
Contract jobs citing MiFID 2 0 1
As % of all contract IT jobs advertised in Docklands, London 4.00% - 0.70%
As % of the Quality Assurance & Compliance category 18.18% - 4.00%
Number of daily rates quoted 2 0 1
Median daily rate £725 - £575
UK excluding London median daily rate £450 £506 £550
% change year-on-year -11.11% -7.95%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

MiFID is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Docklands, London with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
Docklands, London
Contract job vacancies with a requirement for quality assurance and compliance skills 11 19 25
As % of all contract IT job vacancies advertised in Docklands, London 22.00% 32.20% 17.61%
Number of daily rates quoted 11 10 23
Median daily rate £613 £525 £545
Median daily rate % change year-on-year +16.66% -3.66%  
90% offered a daily rate of more than £325 £350 £363
10% offered a daily rate of more than £700 £570 £607
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £25.00 £28.00 £24.75
% change year-on-year -10.71% +13.13%  

MiFID
Job Vacancy Trend in Docklands, London

The job posting trend of jobs advertised in Docklands, London citing MiFID as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for MiFID in Docklands, London

MiFID
Contractor Daily Rate Trend in Docklands, London

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

Contractor daily rate trend for MiFID in Docklands, London

For the 6 months to 25 June 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 Docklands, London region with a requirement for MiFID.

1 5 (83.33%) Banking
2 4 (66.67%) Investment Banking
3 3 (50.00%) Project Management
4 2 (33.33%) PRINCE2
4 2 (33.33%) Agile Software Development
4 2 (33.33%) PMP
4 2 (33.33%) PMI Certification
4 2 (33.33%) Finance
4 2 (33.33%) Wealth Management
4 2 (33.33%) Test Strategy
4 2 (33.33%) PRINCE2 Practitioner
4 2 (33.33%) PgMP
5 1 (16.67%) Process Improvement
5 1 (16.67%) Reference Data
5 1 (16.67%) Low Latency
5 1 (16.67%) EMIR
5 1 (16.67%) Analytical Skills
5 1 (16.67%) Market Making
5 1 (16.67%) Software Delivery
5 1 (16.67%) SDLC
5 1 (16.67%) Algorithmic Trading
5 1 (16.67%) Temenos T24
5 1 (16.67%) User Acceptance Testing
5 1 (16.67%) Test Management
5 1 (16.67%) Multithreading
5 1 (16.67%) Systems Analysis
5 1 (16.67%) Business Analysis
5 1 (16.67%) Microsoft PowerPoint
5 1 (16.67%) FIX Protocol
5 1 (16.67%) Legal

MiFID
Co-occurring IT Skills in Docklands, 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:

Applications
1 1 (16.67%) Microsoft Excel
1 1 (16.67%) Microsoft Office
1 1 (16.67%) Microsoft PowerPoint
1 1 (16.67%) Microsoft Project
1 1 (16.67%) MS Visio
Business Applications
1 1 (16.67%) Temenos T24
General
1 5 (83.33%) Banking
2 4 (66.67%) Investment Banking
3 2 (33.33%) Finance
4 1 (16.67%) Financial Institution
4 1 (16.67%) Front Office
4 1 (16.67%) Legal
Job Titles
1 3 (50.00%) IT Manager
1 3 (50.00%) IT Project Manager
1 3 (50.00%) Project Manager
2 2 (33.33%) Banking Project Manager
3 1 (16.67%) Business Analyst
3 1 (16.67%) Developer
3 1 (16.67%) Front Office Developer
3 1 (16.67%) Investment Banking Project Manager
3 1 (16.67%) Java Developer
3 1 (16.67%) Programme Manager
3 1 (16.67%) Programme Test Manager
3 1 (16.67%) Test Manager
3 1 (16.67%) Test Programme Manager
Libraries, Frameworks & Software Standards
1 1 (16.67%) FIX Protocol
1 1 (16.67%) FpML
Miscellaneous
1 1 (16.67%) Analytical Skills
1 1 (16.67%) Equities
1 1 (16.67%) Fixed Income
1 1 (16.67%) Reference Data
Operating Systems
1 1 (16.67%) Linux
Processes & Methodologies
1 3 (50.00%) Project Management
2 2 (33.33%) Agile Software Development
2 2 (33.33%) PRINCE2
2 2 (33.33%) Test Strategy
2 2 (33.33%) Wealth Management
3 1 (16.67%) Algorithmic Trading
3 1 (16.67%) Business Analysis
3 1 (16.67%) E-Commerce
3 1 (16.67%) Low Latency
3 1 (16.67%) Market Making
3 1 (16.67%) Migration
3 1 (16.67%) Multithreading
3 1 (16.67%) Process Improvement
3 1 (16.67%) SDLC
3 1 (16.67%) Software Delivery
3 1 (16.67%) Systems Analysis
3 1 (16.67%) Test Management
3 1 (16.67%) User Acceptance Testing
3 1 (16.67%) Validation
Programming Languages
1 1 (16.67%) C++
1 1 (16.67%) Java
Qualifications
1 2 (33.33%) PgMP
1 2 (33.33%) PMI Certification
1 2 (33.33%) PMP
1 2 (33.33%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 1 (16.67%) EMIR