Period
to 19 November 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 19 November 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
19 Nov 2018
Same period 2017 Same period 2016
Rank 730 294 505
Rank change year-on-year -436 +211 +62
Contract jobs citing MiFID 128 835 399
As % of all contract IT jobs advertised in England 0.14% 0.90% 0.41%
As % of the Quality Assurance & Compliance category 1.28% 7.13% 3.63%
Number of daily rates quoted 92 621 299
England median daily rate £600 £575 £575
Median daily rate % change year-on-year +4.35% - -4.17%
10th Percentile £450 £400 £425
90th Percentile £750 £750 £725
UK median daily rate £578 £575 £575
% change year-on-year +0.43% - -4.17%
Number of hourly rates quoted 0 1 0
England median hourly rate - £25.50 -
UK median hourly rate - £25.50 -

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 9,999 11,715 10,979
As % of all contract IT jobs advertised in England 10.59% 12.56% 11.27%
Number of daily rates quoted 6,393 7,710 7,223
England median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% +3.03%
10th Percentile £255 £263 £228
90th Percentile £625 £638 £600
UK median daily rate £450 £438 £425
% change year-on-year +2.86% +2.94% +4.94%
Number of hourly rates quoted 344 322 386
England median hourly rate £22.00 £20.00 £22.67
Median hourly rate % change year-on-year +10.00% -11.77% +4.63%
10th Percentile £11.03 £11.00 £10.94
90th Percentile £50.55 £49.28 £47.25
UK median hourly rate £22.00 £20.00 £22.84
% change year-on-year +10.00% -12.42% +1.49%

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 19 November 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 19 November 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 -348 126 £600 +4.35% 16
South West -28 1 - -
South East -36 1 £625 +38.89% 1
MiFID
UK

For the 6 months to 19 November 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 73 (57.03%) Banking
2 57 (44.53%) Finance
3 50 (39.06%) EMIR
4 38 (29.69%) Agile Software Development
5 37 (28.91%) Dodd-Frank
6 32 (25.00%) Investment Banking
7 24 (18.75%) Equities
8 23 (17.97%) Front Office
8 23 (17.97%) SQL
9 21 (16.41%) GDPR
10 19 (14.84%) Stakeholder Management
11 18 (14.06%) Foreign Exchange (FX)
11 18 (14.06%) JIRA
12 15 (11.72%) Fixed Income
13 14 (10.94%) Project Management
13 14 (10.94%) Linux
14 13 (10.16%) C#
14 13 (10.16%) Microsoft
14 13 (10.16%) Business Analysis
14 13 (10.16%) Analytical Skills
15 12 (9.38%) Skype
15 12 (9.38%) Derivative
15 12 (9.38%) QA
15 12 (9.38%) Data Mapping
15 12 (9.38%) Business Intelligence
15 12 (9.38%) .NET
15 12 (9.38%) Oracle
16 11 (8.59%) T-SQL
16 11 (8.59%) Apache
16 11 (8.59%) Scrum

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 11 (8.59%) Apache
1 11 (8.59%) Elasticsearch
2 10 (7.81%) Confluence
3 7 (5.47%) WordPress
4 6 (4.69%) Skype for Business
5 4 (3.13%) Apache Spark
6 1 (0.78%) CMS
6 1 (0.78%) Office Communications Server
Applications
1 8 (6.25%) Microsoft Excel
2 5 (3.91%) Microsoft Office
3 2 (1.56%) Microsoft Project
3 2 (1.56%) MS Visio
4 1 (0.78%) Microsoft PowerPoint
Business Applications
1 2 (1.56%) IntelliMatch
2 1 (0.78%) Kondor
2 1 (0.78%) RMDS
2 1 (0.78%) Summit
2 1 (0.78%) Temenos T24
Cloud Services
1 11 (8.59%) Office 365
Communications & Networking
1 12 (9.38%) Skype
2 1 (0.78%) DSL
2 1 (0.78%) PSTN
Database & Business Intelligence
1 11 (8.59%) SQL Server Integration Services
1 11 (8.59%) SQL Server Reporting Services
2 10 (7.81%) SQL Server
3 7 (5.47%) PostgreSQL
3 7 (5.47%) Relational Database
4 5 (3.91%) NoSQL
5 4 (3.13%) Big Data
5 4 (3.13%) Crystal Reports
6 3 (2.34%) Data Warehouse
6 3 (2.34%) RDBMS
7 2 (1.56%) DB2
7 2 (1.56%) Hadoop
7 2 (1.56%) OLAP
8 1 (0.78%) Apache Hive
8 1 (0.78%) Blockchain
8 1 (0.78%) HBase
8 1 (0.78%) SQL Server 2008
8 1 (0.78%) SQL Server 2012
Development Applications
1 18 (14.06%) JIRA
2 10 (7.81%) Git (software)
2 10 (7.81%) Jenkins
3 7 (5.47%) gulp
3 7 (5.47%) PhpStorm
3 7 (5.47%) Sonatype Nexus
4 5 (3.91%) Cucumber
5 3 (2.34%) Maven
5 3 (2.34%) Subversion
6 2 (1.56%) Atlassian Bamboo
6 2 (1.56%) ER Studio
6 2 (1.56%) JBehave
7 1 (0.78%) Concordion
7 1 (0.78%) JIRA Agile
7 1 (0.78%) Visual Studio
General
1 73 (57.03%) Banking
2 57 (44.53%) Finance
3 32 (25.00%) Investment Banking
4 23 (17.97%) Front Office
5 8 (6.25%) Back Office
6 7 (5.47%) Financial Institution
7 6 (4.69%) Legal
8 4 (3.13%) Private Banking
9 1 (0.78%) General Ledger
9 1 (0.78%) Retail
Job Titles
1 53 (41.41%) Analyst
2 43 (33.59%) Business Analyst
3 31 (24.22%) Developer
4 22 (17.19%) Project Manager
5 12 (9.38%) MiFID Business Analyst
6 7 (5.47%) Banking Analyst
6 7 (5.47%) Report Analyst
7 6 (4.69%) Compliance Specialist
7 6 (4.69%) Front End Developer (Client-Side Developer)
7 6 (4.69%) Front End Web Developer (Client-Side Developer)
7 6 (4.69%) Project Analyst
7 6 (4.69%) Web Developer
8 5 (3.91%) Banking Business Analyst
8 5 (3.91%) Business Manager
8 5 (3.91%) Business Project Manager
8 5 (3.91%) IT Analyst
8 5 (3.91%) IT Business Analyst
8 5 (3.91%) Regulatory Business Analyst
8 5 (3.91%) Technical Specialist
8 5 (3.91%) Test Manager
Libraries, Frameworks & Software Standards
1 12 (9.38%) .NET
2 7 (5.47%) CSS
2 7 (5.47%) FIX Protocol
2 7 (5.47%) jQuery
2 7 (5.47%) Kendo UI
2 7 (5.47%) LAPP Stack
2 7 (5.47%) Twitter Bootstrap
3 4 (3.13%) XML
4 3 (2.34%) AngularJS
4 3 (2.34%) Apache Camel
4 3 (2.34%) FpML
4 3 (2.34%) JMS
4 3 (2.34%) React
4 3 (2.34%) REST
4 3 (2.34%) SOAP
4 3 (2.34%) Spring
4 3 (2.34%) Spring Integration
4 3 (2.34%) Web Services
5 2 (1.56%) JSON
6 1 (0.78%) WCF
Miscellaneous
1 24 (18.75%) Equities
2 18 (14.06%) Foreign Exchange (FX)
3 15 (11.72%) Fixed Income
4 13 (10.16%) Analytical Skills
5 12 (9.38%) Derivative
6 5 (3.91%) Hedge funds
6 5 (3.91%) OTC Derivatives
7 4 (3.13%) Grid Computing
8 2 (1.56%) Algorithms
8 2 (1.56%) Computer Science
8 2 (1.56%) Greenfield Project
8 2 (1.56%) Self-Motivation
9 1 (0.78%) ASIC
9 1 (0.78%) Fintech
9 1 (0.78%) Market Risk
9 1 (0.78%) Minimum Viable Product
9 1 (0.78%) Reference Data
9 1 (0.78%) Robotics
9 1 (0.78%) Taxonomies
9 1 (0.78%) VWAP
Operating Systems
1 14 (10.94%) Linux
2 8 (6.25%) Unix
3 5 (3.91%) Windows
Processes & Methodologies
1 38 (29.69%) Agile Software Development
2 19 (14.84%) Stakeholder Management
3 14 (10.94%) Project Management
4 13 (10.16%) Business Analysis
5 12 (9.38%) Business Intelligence
5 12 (9.38%) Data Mapping
6 11 (8.59%) Asset Management
6 11 (8.59%) Data Analysis
6 11 (8.59%) Investment Management
6 11 (8.59%) Scrum
7 10 (7.81%) User Acceptance Testing
7 10 (7.81%) Wealth Management
8 8 (6.25%) TDD
9 7 (5.47%) Continuous Integration
9 7 (5.47%) Data Modelling
9 7 (5.47%) Problem-Solving
9 7 (5.47%) Risk Management
9 7 (5.47%) Web Development
10 6 (4.69%) BDD
11 5 (3.91%) Multithreading
Programming Languages
1 23 (17.97%) SQL
2 13 (10.16%) C#
3 11 (8.59%) T-SQL
4 10 (7.81%) VB.NET
5 7 (5.47%) JavaScript
5 7 (5.47%) PHP
5 7 (5.47%) Python
6 5 (3.91%) Java
7 4 (3.13%) Scala
8 3 (2.34%) Bash Shell
8 3 (2.34%) C++
8 3 (2.34%) Java 8
8 3 (2.34%) Perl
8 3 (2.34%) VBA
9 2 (1.56%) Korn
9 2 (1.56%) PowerShell
10 1 (0.78%) C
Qualifications
1 5 (3.91%) Degree
2 2 (1.56%) ISEB
3 1 (0.78%) Master's Degree
3 1 (0.78%) PMP
3 1 (0.78%) Six Sigma Black Belt
3 1 (0.78%) Six Sigma Green Belt
Quality Assurance & Compliance
1 50 (39.06%) EMIR
2 37 (28.91%) Dodd-Frank
3 21 (16.41%) GDPR
4 12 (9.38%) QA
5 6 (4.69%) AIFMD
6 3 (2.34%) Solvency II
7 1 (0.78%) FATCA
System Software
1 7 (5.47%) Docker
2 1 (0.78%) HDFS
Systems Management
1 9 (7.03%) Ansible
2 2 (1.56%) ITRS Geneos
Vendors
1 13 (10.16%) Microsoft
2 12 (9.38%) Oracle
3 10 (7.81%) Verint
4 9 (7.03%) BT
4 9 (7.03%) Speakerbus
5 6 (4.69%) Proofpoint
6 4 (3.13%) Avaya
6 4 (3.13%) Red Box
6 4 (3.13%) Tableau
7 3 (2.34%) MuleSoft
7 3 (2.34%) Murex
8 2 (1.56%) ION Trading
9 1 (0.78%) Avaloq
9 1 (0.78%) Reuters
9 1 (0.78%) Temenos
9 1 (0.78%) Vermilion