Period
to 22 April 2018

The following table provides summary statistics for contract job vacancies advertised in England 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 22 April 2018 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)
UK > England
6 months to
22 Apr 2018
Same period 2017 Same period 2016
Rank 556 300 548
Rank change year-on-year -256 +248 +204
Contract jobs citing MiFID 303 702 317
As % of all contract IT jobs advertised in England 0.33% 0.82% 0.32%
As % of the Quality Assurance & Compliance category 2.58% 7.08% 2.82%
Number of daily rates quoted 223 551 207
England median daily rate £600 £575 £600
Median daily rate % change year-on-year +4.35% -4.17% +4.35%
10th Percentile £390 £450 £413
90th Percentile £763 £725 £750
UK median daily rate £600 £575 £600
% change year-on-year +4.35% -4.17% +4.35%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

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 England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
England
Contract vacancies with a requirement for quality assurance or compliance skills 11,757 9,920 11,222
As % of all contract IT jobs advertised in England 12.69% 11.64% 11.43%
Number of daily rates quoted 7,596 6,490 7,275
England median daily rate £450 £450 £410
Median daily rate % change year-on-year - +9.76% +2.50%
10th Percentile £263 £250 £233
90th Percentile £638 £625 £600
UK median daily rate £450 £430 £400
% change year-on-year +4.65% +7.50% -
Number of hourly rates quoted 331 325 383
England median hourly rate £22.50 £21.50 £23.62
Median hourly rate % change year-on-year +4.65% -8.96% +9.58%
10th Percentile £12.25 £11.00 £12.02
90th Percentile £57.50 £53.75 £52.50
UK median hourly rate £23.50 £22.45 £24.12
% change year-on-year +4.68% -6.90% +11.90%

MiFID
Job Vacancy Trend in England

Job postings citing MiFID as a percentage of all IT jobs advertised in England.

Job vacancy trend for MiFID in England

MiFID
Contractor Daily Rate Trend in England

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

Contractor daily rate trend for MiFID in England

MiFID
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing MiFID in England over the 6 months to 22 April 2018.

Contractor daily rate histogram for MiFID in England

MiFID
Contractor Hourly Rate Trend in England

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

Contractor hourly rate trend for MiFID in England

MiFID
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MiFID within the England region over the 6 months to 22 April 2018. 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
Job
Vacancies
London -207 292 £600 - 29
South East -21 6 £563 -2.17%
North West -15 2 £334 -33.30% 2
North of England -16 2 £334 -33.30% 2
West Midlands - 2 £160 -
Midlands - 2 £160 -
East of England -11 1 £575 +27.78%
MiFID
UK

For the 6 months to 22 April 2018, IT contractor jobs citing MiFID also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region with a requirement for MiFID.

1 189 (62.38%) Banking
2 143 (47.19%) Finance
3 92 (30.36%) Investment Banking
4 81 (26.73%) EMIR
5 76 (25.08%) Front Office
6 73 (24.09%) SQL
7 62 (20.46%) Dodd-Frank
8 60 (19.80%) Foreign Exchange (FX)
9 54 (17.82%) Agile Software Development
10 47 (15.51%) Java
11 43 (14.19%) C#
12 42 (13.86%) Business Analysis
13 38 (12.54%) Python
13 38 (12.54%) Stakeholder Management
14 36 (11.88%) Back Office
14 36 (11.88%) Fixed Income
15 34 (11.22%) Change Management
16 33 (10.89%) .NET
16 33 (10.89%) Equities
16 33 (10.89%) Asset Management
16 33 (10.89%) Derivative
17 32 (10.56%) SQL Server
18 31 (10.23%) Project Management
19 30 (9.90%) Blockchain
20 26 (8.58%) Unix
20 26 (8.58%) Microsoft
20 26 (8.58%) FIX Protocol
21 24 (7.92%) JSON
21 24 (7.92%) Linux
22 23 (7.59%) XML

MiFID
Co-occurring IT Skills in England 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 9 (2.97%) Confluence
2 5 (1.65%) WebSphere
3 4 (1.32%) Apache
3 4 (1.32%) Elasticsearch
4 3 (0.99%) IIS
5 2 (0.66%) MQSI
5 2 (0.66%) nginx
5 2 (0.66%) SharePoint
5 2 (0.66%) WordPress
6 1 (0.33%) MQSeries
Applications
1 8 (2.64%) Microsoft Excel
1 8 (2.64%) Microsoft Project
2 7 (2.31%) Microsoft PowerPoint
3 6 (1.98%) MS Visio
4 4 (1.32%) Microsoft Office
Business Applications
1 7 (2.31%) Summit
2 3 (0.99%) ION MarketView
2 3 (0.99%) Minerva
2 3 (0.99%) Sentinel
3 1 (0.33%) Bloomberg TOMS
3 1 (0.33%) Markit EDM
3 1 (0.33%) RMDS
3 1 (0.33%) SunGard GMI
Cloud Services
1 2 (0.66%) Amazon AWS
1 2 (0.66%) Amazon CloudWatch
1 2 (0.66%) Amazon EC2
1 2 (0.66%) AWS CloudTrail
2 1 (0.33%) Microsoft Azure
Communications & Networking
1 8 (2.64%) FIX Connectivity
2 3 (0.99%) LAN
2 3 (0.99%) TCP/IP
3 2 (0.66%) PPP
3 2 (0.66%) Remote Desktop
3 2 (0.66%) WAN
4 1 (0.33%) GSM
Database & Business Intelligence
1 32 (10.56%) SQL Server
2 30 (9.90%) Blockchain
3 13 (4.29%) Big Data
4 11 (3.63%) DB2
4 11 (3.63%) Relational Database
5 10 (3.30%) SQL Server Integration Services
5 10 (3.30%) SQL Server Reporting Services
6 9 (2.97%) Hadoop
7 7 (2.31%) Data Warehouse
8 4 (1.32%) PostgreSQL
9 3 (0.99%) Apache Hive
9 3 (0.99%) HBase
10 2 (0.66%) Data Mining
10 2 (0.66%) SQL Server 2014
11 1 (0.33%) Crystal Reports
11 1 (0.33%) MongoDB
11 1 (0.33%) MySQL
11 1 (0.33%) SAP Data Services
11 1 (0.33%) SQL Server 2008
Development Applications
1 16 (5.28%) Git (software)
1 16 (5.28%) Jenkins
2 15 (4.95%) JIRA
3 11 (3.63%) Ant
3 11 (3.63%) Gradle
3 11 (3.63%) Hudson
3 11 (3.63%) Maven
4 10 (3.30%) Selenium
4 10 (3.30%) TeamCity
5 4 (1.32%) gulp
5 4 (1.32%) PhpStorm
5 4 (1.32%) Sonatype Nexus
6 3 (0.99%) ER Studio
6 3 (0.99%) Team Foundation Server
7 2 (0.66%) Cucumber
7 2 (0.66%) PHPUnit
8 1 (0.33%) FitNesse
8 1 (0.33%) Subversion
8 1 (0.33%) TestComplete
8 1 (0.33%) Visual Studio
General
1 189 (62.38%) Banking
2 143 (47.19%) Finance
3 92 (30.36%) Investment Banking
4 76 (25.08%) Front Office
5 36 (11.88%) Back Office
6 14 (4.62%) Financial Institution
7 12 (3.96%) Legal
7 12 (3.96%) Private Banking
8 9 (2.97%) Retail Banking
9 3 (0.99%) Marketing
10 2 (0.66%) Advertising
10 2 (0.66%) French Language
10 2 (0.66%) Retail
11 1 (0.33%) International Banking
11 1 (0.33%) Spanish Language
Job Titles
1 137 (45.21%) Analyst
2 102 (33.66%) Business Analyst
3 78 (25.74%) Developer
4 34 (11.22%) MiFID Business Analyst
5 30 (9.90%) Banking Analyst
6 27 (8.91%) C# Developer
7 25 (8.25%) Java Developer
8 24 (7.92%) Project Manager
8 24 (7.92%) Senior Developer
9 20 (6.60%) SQL Developer
10 16 (5.28%) .NET Developer
10 16 (5.28%) C# .NET Developer
10 16 (5.28%) Regulatory Business Analyst
10 16 (5.28%) Senior Java Developer
11 15 (4.95%) Quantitative Developer
12 14 (4.62%) Applications Support
12 14 (4.62%) Banking Business Analyst
13 13 (4.29%) Architect
13 13 (4.29%) FX Business Analyst
13 13 (4.29%) Investment Banking Java Developer
Libraries, Frameworks & Software Standards
1 33 (10.89%) .NET
2 26 (8.58%) FIX Protocol
3 24 (7.92%) JSON
4 23 (7.59%) XML
5 14 (4.62%) Spring
6 13 (4.29%) WCF
7 12 (3.96%) .NET Framework
7 12 (3.96%) Entity Framework
7 12 (3.96%) SOAP
8 11 (3.63%) AngularJS
8 11 (3.63%) jQuery
8 11 (3.63%) Protocol Buffers
9 9 (2.97%) KnockoutJS
10 7 (2.31%) IBM Integration Bus
10 7 (2.31%) Middleware
11 6 (1.98%) HTML
11 6 (1.98%) WebSphere MQ
11 6 (1.98%) WPF
12 5 (1.65%) CSS
13 4 (1.32%) JMS
Miscellaneous
1 60 (19.80%) Foreign Exchange (FX)
2 36 (11.88%) Fixed Income
3 33 (10.89%) Derivative
3 33 (10.89%) Equities
4 16 (5.28%) Analytical Skills
5 13 (4.29%) Hedge funds
6 11 (3.63%) Fintech
6 11 (3.63%) Market Risk
6 11 (3.63%) OTC Derivatives
7 9 (2.97%) Management Information System
8 7 (2.31%) Credit Risk
9 6 (1.98%) Equity Derivative
10 5 (1.65%) Credit Derivative
10 5 (1.65%) Field-Programmable Gate Array
10 5 (1.65%) Reference Data
10 5 (1.65%) Self-Motivation
11 4 (1.32%) Computer Science
12 3 (0.99%) Data Structures
13 2 (0.66%) Swaptions
13 2 (0.66%) SWIFT
Operating Systems
1 26 (8.58%) Unix
2 24 (7.92%) Linux
3 18 (5.94%) Windows
4 3 (0.99%) Windows Server
5 2 (0.66%) CentOS
5 2 (0.66%) Debian
5 2 (0.66%) Red Hat Enterprise Linux
5 2 (0.66%) Ubuntu
Processes & Methodologies
1 54 (17.82%) Agile Software Development
2 42 (13.86%) Business Analysis
3 38 (12.54%) Stakeholder Management
4 34 (11.22%) Change Management
5 33 (10.89%) Asset Management
6 31 (10.23%) Project Management
7 22 (7.26%) Investment Management
7 22 (7.26%) Wealth Management
8 20 (6.60%) Electronic Trading
8 20 (6.60%) OO
9 19 (6.27%) Low Latency
9 19 (6.27%) Problem-Solving
10 18 (5.94%) E-Commerce
11 17 (5.61%) Microservices
11 17 (5.61%) Scrum
12 15 (4.95%) Continuous Integration
12 15 (4.95%) Data Analysis
12 15 (4.95%) SDLC
13 14 (4.62%) Enterprise Architecture
13 14 (4.62%) Migration
Programming Languages
1 73 (24.09%) SQL
2 47 (15.51%) Java
3 43 (14.19%) C#
4 38 (12.54%) Python
5 21 (6.93%) C++
6 17 (5.61%) JavaScript
7 14 (4.62%) Shell Script
8 12 (3.96%) Bash Shell
9 11 (3.63%) PL/SQL
10 8 (2.64%) T-SQL
11 7 (2.31%) Perl
12 6 (1.98%) C
12 6 (1.98%) Ruby
13 5 (1.65%) PHP
14 4 (1.32%) PowerShell
14 4 (1.32%) VBA
15 2 (0.66%) PHP 5
15 2 (0.66%) PHP 7
15 2 (0.66%) Tcl
16 1 (0.33%) TypeScript
Qualifications
1 9 (2.97%) Degree
2 4 (1.32%) CISA
2 4 (1.32%) CISSP
3 3 (0.99%) (ISC)2 CCSP
3 3 (0.99%) Cisco Certification
3 3 (0.99%) CompTIA Security+
3 3 (0.99%) ISEB
3 3 (0.99%) ISTQB
3 3 (0.99%) Numerate Degree
4 2 (0.66%) Computer Science Degree
4 2 (0.66%) PhD
4 2 (0.66%) PMP
5 1 (0.33%) CCSP
5 1 (0.33%) CISM
5 1 (0.33%) Master's Degree
5 1 (0.33%) Novell Certification
5 1 (0.33%) PMI Certification
5 1 (0.33%) PRINCE2 Certification
5 1 (0.33%) PRINCE2 Practitioner
5 1 (0.33%) TOGAF Certification
Quality Assurance & Compliance
1 81 (26.73%) EMIR
2 62 (20.46%) Dodd-Frank
3 19 (6.27%) GDPR
4 18 (5.94%) QA
5 9 (2.97%) PMO
6 8 (2.64%) Solvency II
7 6 (1.98%) FATCA
8 5 (1.65%) AIFMD
9 4 (1.32%) Basel III
10 3 (0.99%) PSD2
10 3 (0.99%) Sarbanes-Oxley
11 2 (0.66%) Data Quality
11 2 (0.66%) IFRS
11 2 (0.66%) IFRS 9
12 1 (0.33%) ISO/IEC 27001
System Software
1 5 (1.65%) HDFS
2 4 (1.32%) Docker
Systems Management
1 5 (1.65%) Ansible
2 1 (0.33%) ITRS Geneos
2 1 (0.33%) Thomson Reuters DACS
Vendors
1 26 (8.58%) Microsoft
2 22 (7.26%) Oracle
3 12 (3.96%) Bloomberg
4 11 (3.63%) Perforce
5 10 (3.30%) Murex
6 7 (2.31%) Fidessa
6 7 (2.31%) IBM
6 7 (2.31%) ION Trading
7 5 (1.65%) Sybase
8 4 (1.32%) Calypso
8 4 (1.32%) TIBCO
9 3 (0.99%) Sophis
10 2 (0.66%) Alteryx
10 2 (0.66%) Capita
10 2 (0.66%) Charles River
10 2 (0.66%) Tableau
10 2 (0.66%) Tradeweb
10 2 (0.66%) Zend
11 1 (0.33%) Currenex
11 1 (0.33%) Solace