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 3 months to 27 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)
UK / England
3 months to
27 Jun 2017
Same period 2016 Same period 2015
Rank 237 488 546
Rank change year-on-year +251 +58  
Contract jobs citing MiFID 443 136 80
As % of all contract IT jobs advertised in England 1.02% 0.27% 0.16%
As % of the Quality Assurance & Compliance category 8.82% 2.43% 1.40%
Number of daily rates quoted 311 99 63
Median daily rate £575 £500 £638
Median daily rate % change year-on-year +15.00% -21.56%  
90% offered a daily rate of more than £450 £332 £550
10% offered a daily rate of more than £700 £655 £795
UK excluding London median daily rate £450 £481 £550
% change year-on-year -6.49% -12.50%  
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 England with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
England
Contract job vacancies with a requirement for quality assurance and compliance skills 5021 5606 5696
As % of all contract IT job vacancies advertised in England 11.61% 11.30% 11.34%
Number of daily rates quoted 3255 3656 3744
Median daily rate £450 £425 £407
Median daily rate % change year-on-year +5.88% +4.42%  
90% offered a daily rate of more than £275 £250 £250
10% offered a daily rate of more than £613 £600 £600
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 163 203 183
Median hourly rate £25.12 £28.00 £21.55
Median hourly rate % change year-on-year -10.28% +29.93%  
90% offered a hourly rate of more than £12.00 £12.37 £12.35
10% offered a hourly rate of more than £47.00 £47.50 £52.78
UK excluding London median hourly rate £25.00 £28.00 £21.78
% change year-on-year -10.71% +28.58%  

MiFID
Job Vacancy Trend in England

The job posting trend of jobs advertised in England 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 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 3 months to 27 June 2017.

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 3 months to 27 June 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +180 435 £575 +13.58% 50
South East +8 4 £525 -2.32%
South West - 4 £500 -
MiFID
UK

For the 6 months to 27 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 England region with a requirement for MiFID.

1 391 (46.77%) Banking
2 384 (45.93%) Finance
3 268 (32.06%) Front Office
4 199 (23.80%) Investment Banking
5 170 (20.33%) Agile Software Development
6 169 (20.22%) Business Analysis
7 160 (19.14%) EMIR
8 144 (17.22%) Derivative
9 133 (15.91%) Java
10 131 (15.67%) Dodd-Frank
11 130 (15.55%) Stakeholder Management
12 128 (15.31%) SQL
13 121 (14.47%) Asset Management
14 117 (14.00%) Equities
15 116 (13.88%) Foreign Exchange (FX)
16 112 (13.40%) Fixed Income
17 107 (12.80%) Investment Management
18 98 (11.72%) Project Management
19 80 (9.57%) Unix
20 77 (9.21%) SDLC
21 75 (8.97%) Electronic Trading
22 69 (8.25%) Change Management
23 68 (8.13%) Scrum
24 61 (7.30%) Wealth Management
25 57 (6.82%) Fintech
26 56 (6.70%) Test Automation
27 55 (6.58%) Spring
28 53 (6.34%) XML
29 51 (6.10%) OO
29 51 (6.10%) Degree

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 12 (1.44%) Apache Spark
2 11 (1.32%) WebSphere
3 7 (0.84%) Tomcat
4 6 (0.72%) WebLogic
5 5 (0.60%) Apache
6 4 (0.48%) Confluence
7 3 (0.36%) SharePoint
8 2 (0.24%) Elasticsearch
8 2 (0.24%) WebSphere Application Server
9 1 (0.12%) IIS
9 1 (0.12%) JBoss
9 1 (0.12%) MTS
9 1 (0.12%) Oracle SOA Suite
9 1 (0.12%) Oracle Workflow
Applications
1 24 (2.87%) Microsoft Excel
2 22 (2.63%) Microsoft PowerPoint
3 15 (1.79%) MS Visio
4 11 (1.32%) Microsoft Office
5 9 (1.08%) Microsoft Project
6 2 (0.24%) Spreadsheet
Business Applications
1 10 (1.20%) ION MarketView
2 9 (1.08%) Markit EDM
3 6 (0.72%) Bloomberg TOMS
3 6 (0.72%) thinkFolio
4 4 (0.48%) Endur
4 4 (0.48%) IntelliMatch
4 4 (0.48%) Murex MxG2000
5 3 (0.36%) Sentinel
5 3 (0.36%) SunGard GMI
6 2 (0.24%) Eagle PACE
7 1 (0.12%) BondVision
7 1 (0.12%) BusinessWorks
7 1 (0.12%) CA PPM
7 1 (0.12%) Global One
7 1 (0.12%) LatentZero
7 1 (0.12%) Loan IQ
7 1 (0.12%) RMDS
7 1 (0.12%) Summit
7 1 (0.12%) Temenos Globus
7 1 (0.12%) Temenos T24
Cloud Services
1 1 (0.12%) Amazon AWS
1 1 (0.12%) Google Cloud Platform
1 1 (0.12%) Microsoft Azure
1 1 (0.12%) SaaS
Communications & Networking
1 10 (1.20%) TCP/IP
2 4 (0.48%) Internet
3 3 (0.36%) FIX Connectivity
4 2 (0.24%) HTTP
5 1 (0.12%) Extranet
5 1 (0.12%) Firewall
5 1 (0.12%) LAN
5 1 (0.12%) Multicast
5 1 (0.12%) PuTTY
5 1 (0.12%) VLAN
Database & Business Intelligence
1 34 (4.07%) Relational Database
2 31 (3.71%) DB2
3 22 (2.63%) Big Data
3 22 (2.63%) SQL Server
4 19 (2.27%) Hadoop
5 16 (1.91%) KDB
6 11 (1.32%) Data Warehouse
7 10 (1.20%) MongoDB
8 7 (0.84%) HBase
8 7 (0.84%) Kdb+
8 7 (0.84%) NoSQL
8 7 (0.84%) Oracle Database
9 6 (0.72%) Hazelcast
9 6 (0.72%) MariaDB
9 6 (0.72%) SQL Server Reporting Services
10 5 (0.60%) SQL Server Integration Services
11 4 (0.48%) Data Lake
12 3 (0.36%) Apache Cassandra
12 3 (0.36%) SQL Server 2008
12 3 (0.36%) SQL Server 2014
Development Applications
1 37 (4.43%) Git (software)
2 28 (3.35%) Maven
3 25 (2.99%) JUnit
4 24 (2.87%) Jenkins
5 22 (2.63%) Ant
6 21 (2.51%) Gradle
7 20 (2.39%) Selenium
8 19 (2.27%) Hudson
9 17 (2.03%) JIRA
10 16 (1.91%) Cucumber
11 12 (1.44%) Concordion
11 12 (1.44%) JBehave
12 11 (1.32%) TeamCity
13 9 (1.08%) SpecFlow
14 8 (0.96%) Mockito
14 8 (0.96%) Subversion
14 8 (0.96%) webpack
15 4 (0.48%) FitNesse
15 4 (0.48%) Visual Studio
16 2 (0.24%) NUnit
General
1 391 (46.77%) Banking
2 384 (45.93%) Finance
3 268 (32.06%) Front Office
4 199 (23.80%) Investment Banking
5 44 (5.26%) Legal
6 39 (4.67%) Back Office
7 28 (3.35%) Private Banking
8 25 (2.99%) Financial Institution
9 11 (1.32%) Retail
10 8 (0.96%) Advertising
11 7 (0.84%) Corporate Banking
11 7 (0.84%) Retail Banking
12 6 (0.72%) Prime Brokerage
13 4 (0.48%) French Language
13 4 (0.48%) Games
14 3 (0.36%) Wholesale Banking
15 2 (0.24%) International Banking
15 2 (0.24%) Mandarin Language
15 2 (0.24%) Marketing
16 1 (0.12%) Dutch Language
Job Titles
1 396 (47.37%) Analyst
2 372 (44.50%) Business Analyst
3 231 (27.63%) MiFID Business Analyst
4 180 (21.53%) Developer
5 119 (14.23%) Project Manager
6 92 (11.00%) Java Developer
7 57 (6.82%) MiFID Project Manager
8 48 (5.74%) Regulatory Business Analyst
9 43 (5.14%) Senior Analyst
10 39 (4.67%) Banking Analyst
11 37 (4.43%) Senior Business Analyst
12 35 (4.19%) Business IT Analyst
12 35 (4.19%) IT Analyst
12 35 (4.19%) Senior Developer
13 33 (3.95%) IT Business Analyst
14 31 (3.71%) Front Office Business Analyst
15 28 (3.35%) Architect
16 27 (3.23%) Investment Banking Business Analyst
17 23 (2.75%) Asset Management Analyst
17 23 (2.75%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 55 (6.58%) Spring
2 53 (6.34%) XML
3 48 (5.74%) FIX Protocol
4 33 (3.95%) HTML
5 32 (3.83%) HTML5
6 31 (3.71%) FpML
7 28 (3.35%) .NET
8 27 (3.23%) JSON
9 24 (2.87%) Middleware
10 22 (2.63%) SOAP
11 16 (1.91%) Hibernate
11 16 (1.91%) Protocol Buffers
12 15 (1.79%) Node.js
13 14 (1.67%) JMS
14 13 (1.56%) AngularJS
15 10 (1.20%) React
16 9 (1.08%) Kafka
16 9 (1.08%) WebSockets
17 8 (0.96%) Boost C++ Libraries
17 8 (0.96%) STL
Miscellaneous
1 144 (17.22%) Derivative
2 117 (14.00%) Equities
3 116 (13.88%) Foreign Exchange (FX)
4 112 (13.40%) Fixed Income
5 57 (6.82%) Fintech
6 45 (5.38%) Analytical Skills
7 33 (3.95%) OTC Derivatives
8 31 (3.71%) Equity Derivative
9 27 (3.23%) Reference Data
10 24 (2.87%) Computer Science
11 21 (2.51%) Hedge funds
12 13 (1.56%) PMI
13 12 (1.44%) Management Information System
14 11 (1.32%) Greenfield Project
14 11 (1.32%) N-Tier
14 11 (1.32%) User Experience
15 10 (1.20%) Market Risk
16 9 (1.08%) Algorithms
17 6 (0.72%) Interest Rate Derivative
18 5 (0.60%) Exotic Derivative
Operating Systems
1 80 (9.57%) Unix
2 31 (3.71%) Linux
3 12 (1.44%) Windows
4 2 (0.24%) Solaris
4 2 (0.24%) Windows Server
5 1 (0.12%) Windows 7
5 1 (0.12%) Windows Server 2008
5 1 (0.12%) Windows Server 2012
Processes & Methodologies
1 170 (20.33%) Agile Software Development
2 169 (20.22%) Business Analysis
3 130 (15.55%) Stakeholder Management
4 121 (14.47%) Asset Management
5 107 (12.80%) Investment Management
6 98 (11.72%) Project Management
7 77 (9.21%) SDLC
8 75 (8.97%) Electronic Trading
9 69 (8.25%) Change Management
10 68 (8.13%) Scrum
11 61 (7.30%) Wealth Management
12 56 (6.70%) Test Automation
13 51 (6.10%) OO
14 49 (5.86%) Risk Management
15 43 (5.14%) Data Modelling
16 41 (4.90%) Data Analysis
17 40 (4.78%) GAP Analysis
18 39 (4.67%) TDD
19 38 (4.55%) User Acceptance Testing
20 37 (4.43%) Data Management
Programming Languages
1 133 (15.91%) Java
2 128 (15.31%) SQL
3 39 (4.67%) C#
3 39 (4.67%) Shell Script
4 35 (4.19%) Python
5 30 (3.59%) C++
6 28 (3.35%) JavaScript
7 17 (2.03%) Scala
8 14 (1.67%) Perl
9 12 (1.44%) ES6
10 9 (1.08%) T-SQL
11 6 (0.72%) PL/SQL
12 4 (0.48%) Ruby
13 3 (0.36%) C
13 3 (0.36%) TypeScript
14 2 (0.24%) Tcl
14 2 (0.24%) VB
14 2 (0.24%) VBA
15 1 (0.12%) VB.NET
15 1 (0.12%) VBScript
Qualifications
1 51 (6.10%) Degree
2 24 (2.87%) PMI Certification
3 22 (2.63%) Computer Science Degree
4 21 (2.51%) PMP
5 11 (1.32%) ISEB
6 10 (1.20%) Master's Degree
7 5 (0.60%) PRINCE2 Practitioner
8 4 (0.48%) Numerate Degree
9 3 (0.36%) PRINCE2 Certification
10 2 (0.24%) PgMP
11 1 (0.12%) CAPM
11 1 (0.12%) IIBA
11 1 (0.12%) ISTQB
11 1 (0.12%) Security Cleared
Quality Assurance & Compliance
1 160 (19.14%) EMIR
2 131 (15.67%) Dodd-Frank
3 44 (5.26%) QA
4 17 (2.03%) Data Quality
4 17 (2.03%) FATCA
5 12 (1.44%) Solvency II
6 10 (1.20%) PMO
7 6 (0.72%) AIFMD
7 6 (0.72%) GDPR
7 6 (0.72%) IFRS
7 6 (0.72%) IFRS 9
8 3 (0.36%) SEPA
9 2 (0.24%) SLA
9 2 (0.24%) UCITS
10 1 (0.12%) CRD IV
10 1 (0.12%) ISO 20022
10 1 (0.12%) Sarbanes-Oxley
System Software
1 12 (1.44%) Docker
2 8 (0.96%) HDFS
3 2 (0.24%) Virtual Machines
4 1 (0.12%) Active Directory
Systems Management
1 3 (0.36%) Kubernetes
2 2 (0.24%) Control-M
3 1 (0.12%) HP Quality Center
3 1 (0.12%) Puppet
Vendors
1 31 (3.71%) Oracle
2 25 (2.99%) Bloomberg
3 19 (2.27%) Perforce
3 19 (2.27%) Sybase
4 18 (2.15%) Murex
5 16 (1.91%) ION Trading
6 15 (1.79%) Fidessa
6 15 (1.79%) Microsoft
7 14 (1.67%) Reuters
8 11 (1.32%) Charles River
8 11 (1.32%) Solace
9 6 (0.72%) Cognizant
9 6 (0.72%) TIBCO
10 5 (0.60%) Google
11 4 (0.48%) Adobe
11 4 (0.48%) FXall
12 3 (0.36%) GoldenSource
12 3 (0.36%) Informatica
12 3 (0.36%) SunGard
12 3 (0.36%) Tradeweb
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Rate: £400 - £450 per annum
Posted: Yesterday
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