MiFID Contracts in England

Markets in Financial Instruments Directive (MiFID)
UK > England

The table below provides summary statistics for contract job vacancies advertised in England 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 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 408 469 585
Rank change year-on-year +61 +116 +82
Contract jobs citing MiFID 77 73 68
As % of all contract jobs advertised in England 0.32% 0.20% 0.13%
As % of the Quality Assurance & Compliance category 1.99% 1.38% 1.01%
Number of daily rates quoted 64 65 55
10th Percentile £500 £400 £513
25th Percentile £575 £563 £550
Median daily rate (50th Percentile) £675 £700 £675
Median % change year-on-year -3.57% +3.70% +3.85%
75th Percentile £747 £775 £750
90th Percentile £938 £800 £783
UK median daily rate £675 £700 £675
% change year-on-year -3.57% +3.70% +3.85%

All Quality Assurance and Compliance Skills
England

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 England.

Contract vacancies with a requirement for quality assurance or compliance skills 3,865 5,295 6,738
As % of all contract IT jobs advertised in England 15.87% 14.24% 13.35%
Number of daily rates quoted 2,481 3,378 4,585
10th Percentile £270 £300 £276
25th Percentile £400 £408 £406
Median daily rate (50th Percentile) £513 £525 £525
Median % change year-on-year -2.38% - -
75th Percentile £635 £638 £650
90th Percentile £738 £750 £750
UK median daily rate £500 £510 £525
% change year-on-year -1.96% -2.86% +2.44%
Number of hourly rates quoted 160 347 206
10th Percentile £17.78 £10.95 £13.94
25th Percentile £22.27 £13.09 £19.50
Median hourly rate £34.75 £22.34 £41.50
Median % change year-on-year +55.55% -46.17% +50.91%
75th Percentile £65.00 £45.00 £63.75
90th Percentile £79.11 £67.38 £79.88
UK median hourly rate £34.50 £20.80 £37.50
% change year-on-year +65.85% -44.53% +33.93%

MiFID
Job Vacancy Trend in England

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

Job vacancy trend for MiFID in England

MiFID
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing MiFID in England.

Daily rate trend for MiFID in England

MiFID
Daily Rate Histogram in England

Daily rate distribution for jobs citing MiFID in England over the 6 months to 1 May 2025.

Daily rate histogram for MiFID in England

MiFID
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing MiFID in England.

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 1 May 2025. 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
London +34 68 £675 -3.57% 46
North West - 5 £585 - 1
North of England - 5 £585 - 1
East of England - 2 £400 - 2
East Midlands - 2 £417 -
Midlands - 2 £417 -
MiFID
UK

MiFID
Co-occurring Skills and Capabilities in England 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:

Application Platforms
1 3 (3.90%) Confluence
Applications
1 6 (7.79%) Microsoft Excel
2 3 (3.90%) Microsoft PowerPoint
3 2 (2.60%) Microsoft Project
3 2 (2.60%) MS Visio
Business Applications
1 5 (6.49%) Kondor
2 1 (1.30%) Bloomberg AIM
2 1 (1.30%) Fidessa
2 1 (1.30%) Oracle TCA
2 1 (1.30%) Summit
Cloud Services
1 9 (11.69%) Azure
2 6 (7.79%) AWS
3 5 (6.49%) GCP
4 1 (1.30%) Azure DevOps
4 1 (1.30%) Power Platform
Database & Business Intelligence
1 24 (31.17%) Data Lake
2 11 (14.29%) SQL Server
3 2 (2.60%) Data Mart
4 1 (1.30%) PostgreSQL
4 1 (1.30%) Power BI
4 1 (1.30%) Relational Database
4 1 (1.30%) SQL Server Reporting Services
4 1 (1.30%) Tableau
Development Applications
1 5 (6.49%) JIRA
2 4 (5.19%) Jenkins
3 1 (1.30%) Git
3 1 (1.30%) Visual Studio
General
1 63 (81.82%) Finance
2 36 (46.75%) Front Office
3 26 (33.77%) Social Skills
4 20 (25.97%) Banking
5 12 (15.58%) Analytical Skills
5 12 (15.58%) Back Office
6 9 (11.69%) Investment Banking
7 8 (10.39%) Financial Institution
8 4 (5.19%) Legal
9 3 (3.90%) Corporate Banking
9 3 (3.90%) Retail
9 3 (3.90%) Retail Banking
10 2 (2.60%) Organisational Skills
10 2 (2.60%) Presentation Skills
11 1 (1.30%) Documentation Skills
11 1 (1.30%) Private Banking
Job Titles
1 25 (32.47%) Business Analyst
1 25 (32.47%) Lead
2 19 (24.68%) Analyst
3 6 (7.79%) Developer
4 5 (6.49%) Data Business Analyst
4 5 (6.49%) Project Manager
4 5 (6.49%) Regulatory Business Analyst
5 4 (5.19%) MiFID Specialist
6 3 (3.90%) C# Developer
6 3 (3.90%) Compliance Specialist
6 3 (3.90%) Electronic Trading Specialist
6 3 (3.90%) Middle Office Business Analyst
6 3 (3.90%) Senior
7 2 (2.60%) Data Analyst
7 2 (2.60%) FX Business Analyst
7 2 (2.60%) MiFID Business Analyst
7 2 (2.60%) Programme Manager
7 2 (2.60%) Report Analyst
7 2 (2.60%) Technical Analyst
7 2 (2.60%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 6 (7.79%) .NET
1 6 (7.79%) REST
2 5 (6.49%) SOAP
3 4 (5.19%) Kafka
4 3 (3.90%) FIX Protocol
4 3 (3.90%) React
5 2 (2.60%) FpML
5 2 (2.60%) XML
6 1 (1.30%) ASP.NET
6 1 (1.30%) ASP.NET MVC
6 1 (1.30%) Murex MxML
Miscellaneous
1 39 (50.65%) Foreign Exchange (FX)
2 35 (45.45%) Derivative
3 30 (38.96%) Fixed Income
4 29 (37.66%) Equities
5 27 (35.06%) Hedge funds
6 4 (5.19%) DTCC
7 2 (2.60%) Equity Derivative
7 2 (2.60%) Management Information System
7 2 (2.60%) Onboarding
7 2 (2.60%) Product Ownership
7 2 (2.60%) Reference Data
8 1 (1.30%) Algorithms
8 1 (1.30%) Analytical Mindset
8 1 (1.30%) Distributed Systems
8 1 (1.30%) Greenfield Project
8 1 (1.30%) Interest Rate Derivative
8 1 (1.30%) Legacy Systems
8 1 (1.30%) Market Risk
8 1 (1.30%) OTC Derivatives
8 1 (1.30%) SWIFT Messaging Network
Operating Systems
1 6 (7.79%) Unix
2 5 (6.49%) Linux
Processes & Methodologies
1 36 (46.75%) Regulatory Compliance
2 32 (41.56%) Agile
2 32 (41.56%) Investment Management
3 28 (36.36%) Data Management
4 27 (35.06%) Migration
5 24 (31.17%) Data Governance
5 24 (31.17%) Roadmaps
6 16 (20.78%) Regulatory Change
6 16 (20.78%) Risk Management
7 15 (19.48%) Problem-Solving
8 13 (16.88%) Stakeholder Management
9 11 (14.29%) Data Analysis
9 11 (14.29%) Project Management
10 7 (9.09%) Business Analysis
10 7 (9.09%) Requirements Gathering
10 7 (9.09%) Validation
11 6 (7.79%) Analytics
11 6 (7.79%) Asset Management
11 6 (7.79%) DevOps
11 6 (7.79%) Process Improvement
Programming Languages
1 20 (25.97%) SQL
2 11 (14.29%) Python
3 7 (9.09%) C#
4 3 (3.90%) JavaScript
4 3 (3.90%) TypeScript
5 1 (1.30%) C++
5 1 (1.30%) Java
5 1 (1.30%) PowerShell
5 1 (1.30%) Ruby
5 1 (1.30%) T-SQL
Qualifications
1 8 (10.39%) Degree
2 4 (5.19%) Master's Degree
2 4 (5.19%) PMI Certification
2 4 (5.19%) PMP
3 2 (2.60%) CBAP
4 1 (1.30%) CFA
4 1 (1.30%) ISTQB
Quality Assurance & Compliance
1 26 (33.77%) EMIR
2 7 (9.09%) Dodd-Frank
3 6 (7.79%) Basel III
4 2 (2.60%) Accessibility
4 2 (2.60%) Data Quality
4 2 (2.60%) QA
5 1 (1.30%) GDPR
5 1 (1.30%) Sarbanes-Oxley
5 1 (1.30%) UCITS
System Software
1 3 (3.90%) Docker
Systems Management
1 3 (3.90%) Terraform
Vendors
1 6 (7.79%) Oracle
2 5 (6.49%) Sybase
3 4 (5.19%) Bloomberg
4 2 (2.60%) Alteryx
4 2 (2.60%) Microsoft
4 2 (2.60%) Murex
5 1 (1.30%) Advent
5 1 (1.30%) CQG
5 1 (1.30%) GoldenSource
5 1 (1.30%) ION Trading
5 1 (1.30%) OpenLink
5 1 (1.30%) Reuters
5 1 (1.30%) SimCorp
5 1 (1.30%) Tradeweb