Period
to 19 February 2019

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 February 2019 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 Feb 2019
Same period 2018 Same period 2017
Rank 743 393 358
Rank change year-on-year -350 -35 +144
Contract jobs citing MiFID 98 541 577
As % of all contract IT jobs advertised in England 0.11% 0.59% 0.66%
As % of the Quality Assurance & Compliance category 1.01% 4.58% 5.65%
Number of daily rates quoted 67 416 444
England median daily rate £600 £583 £600
Median daily rate % change year-on-year +3.00% -2.92% -
10th Percentile £500 £400 £452
90th Percentile £678 £750 £725
UK median daily rate £600 £575 £575
% change year-on-year +4.35% - -4.17%
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 9,664 11,809 10,209
As % of all contract IT jobs advertised in England 10.64% 12.77% 11.65%
Number of daily rates quoted 6,113 7,753 6,711
England median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% +3.03%
10th Percentile £256 £263 £233
90th Percentile £638 £638 £625
UK median daily rate £450 £440 £425
% change year-on-year +2.27% +3.53% +6.25%
Number of hourly rates quoted 331 318 360
England median hourly rate £21.00 £21.00 £21.50
Median hourly rate % change year-on-year -0.02% -2.33% -14.00%
10th Percentile £10.80 £11.63 £10.99
90th Percentile £48.75 £57.50 £48.80
UK median hourly rate £20.42 £21.35 £21.50
% change year-on-year -4.36% -0.69% -14.85%

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 February 2019.

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 February 2019. 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 -291 93 £600 - 18
South East -22 4 £600 +41.18%
South West - 1 - -
MiFID
UK

For the 6 months to 19 February 2019, 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 59 (60.20%) Finance
2 49 (50.00%) Banking
3 37 (37.76%) Agile Software Development
4 24 (24.49%) Dodd-Frank
5 23 (23.47%) EMIR
6 22 (22.45%) GDPR
7 21 (21.43%) Investment Banking
8 19 (19.39%) JIRA
9 18 (18.37%) Skype
10 17 (17.35%) Office 365
10 17 (17.35%) SQL
11 16 (16.33%) Microsoft
12 15 (15.31%) Front Office
12 15 (15.31%) Equities
12 15 (15.31%) Business Analysis
13 14 (14.29%) Verint
14 13 (13.27%) Speakerbus
14 13 (13.27%) BT
14 13 (13.27%) Foreign Exchange (FX)
15 12 (12.24%) Stakeholder Management
15 12 (12.24%) Fixed Income
15 12 (12.24%) Derivative
16 11 (11.22%) Investment Management
16 11 (11.22%) Data Management
16 11 (11.22%) Java
17 10 (10.20%) Python
17 10 (10.20%) TDD
17 10 (10.20%) Confluence
17 10 (10.20%) Analytical Skills
18 9 (9.18%) Cucumber

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 10 (10.20%) Confluence
2 8 (8.16%) Skype for Business
3 1 (1.02%) Apache
3 1 (1.02%) Apache Spark
3 1 (1.02%) Elasticsearch
3 1 (1.02%) MS Project Server
3 1 (1.02%) Office Communications Server
Applications
1 7 (7.14%) Microsoft Office
2 5 (5.10%) Microsoft Excel
3 4 (4.08%) Microsoft Project
4 2 (2.04%) Microsoft PowerPoint
4 2 (2.04%) MS Visio
Business Applications
1 4 (4.08%) thinkFolio
2 1 (1.02%) IntelliMatch
2 1 (1.02%) Markit EDM
2 1 (1.02%) Summit
2 1 (1.02%) Temenos T24
Cloud Services
1 17 (17.35%) Office 365
2 3 (3.06%) Amazon AWS
3 2 (2.04%) Google Cloud Platform
3 2 (2.04%) Microsoft Azure
4 1 (1.02%) Amazon CloudWatch
4 1 (1.02%) Amazon EC2
4 1 (1.02%) Amazon S3
Communications & Networking
1 18 (18.37%) Skype
2 1 (1.02%) PSTN
2 1 (1.02%) Unified Communications
Database & Business Intelligence
1 7 (7.14%) SQL Server
2 5 (5.10%) Relational Database
3 3 (3.06%) Big Data
3 3 (3.06%) Hadoop
3 3 (3.06%) RDBMS
4 2 (2.04%) DB2
4 2 (2.04%) KDB
5 1 (1.02%) Apache Hive
5 1 (1.02%) BusinessObjects
5 1 (1.02%) BusinessObjects Business Intelligence
5 1 (1.02%) Data Warehouse
5 1 (1.02%) HBase
5 1 (1.02%) NoSQL
5 1 (1.02%) SQL Server Reporting Services
Development Applications
1 19 (19.39%) JIRA
2 9 (9.18%) Cucumber
3 8 (8.16%) Jenkins
4 6 (6.12%) Git (software)
5 4 (4.08%) Maven
6 3 (3.06%) Subversion
7 2 (2.04%) ER Studio
7 2 (2.04%) JBehave
7 2 (2.04%) Selenium
7 2 (2.04%) SoapUI
7 2 (2.04%) Zephyr
8 1 (1.02%) Concordion
8 1 (1.02%) Hudson
8 1 (1.02%) JIRA Agile
8 1 (1.02%) JUnit
8 1 (1.02%) TeamCity
General
1 59 (60.20%) Finance
2 49 (50.00%) Banking
3 21 (21.43%) Investment Banking
4 15 (15.31%) Front Office
5 9 (9.18%) Financial Institution
6 5 (5.10%) Back Office
7 3 (3.06%) Legal
8 1 (1.02%) Games
8 1 (1.02%) Private Banking
Job Titles
1 43 (43.88%) Analyst
2 29 (29.59%) Business Analyst
3 17 (17.35%) Project Manager
4 14 (14.29%) MiFID Business Analyst
5 12 (12.24%) Developer
6 8 (8.16%) Voice Project Manager
7 7 (7.14%) Consultant
7 7 (7.14%) Regulatory Business Analyst
8 6 (6.12%) Compliance Specialist
8 6 (6.12%) Java Developer
8 6 (6.12%) Service Analyst
9 5 (5.10%) Architect
9 5 (5.10%) Financial Analyst
9 5 (5.10%) Report Analyst
9 5 (5.10%) Technical Specialist
10 4 (4.08%) Data Consultant
10 4 (4.08%) Financial Business Analyst
10 4 (4.08%) Financial Services Business Analyst
10 4 (4.08%) IT Business Analyst
10 4 (4.08%) Management Consultant
Libraries, Frameworks & Software Standards
1 6 (6.12%) AngularJS
2 5 (5.10%) FIX Protocol
2 5 (5.10%) React
2 5 (5.10%) REST
2 5 (5.10%) SOAP
2 5 (5.10%) Spring
3 4 (4.08%) .NET
3 4 (4.08%) JMS
3 4 (4.08%) Web Services
4 3 (3.06%) Angular 2
4 3 (3.06%) Apache Camel
4 3 (3.06%) ASP.NET
4 3 (3.06%) ASP.NET Web API
4 3 (3.06%) Gherkin
4 3 (3.06%) Spring Integration
4 3 (3.06%) XML
5 2 (2.04%) JSON
6 1 (1.02%) Java EE
6 1 (1.02%) Kafka
6 1 (1.02%) OAuth
Miscellaneous
1 15 (15.31%) Equities
2 13 (13.27%) Foreign Exchange (FX)
3 12 (12.24%) Derivative
3 12 (12.24%) Fixed Income
4 10 (10.20%) Analytical Skills
5 7 (7.14%) Hedge funds
6 4 (4.08%) Greenfield Project
6 4 (4.08%) OTC Derivatives
7 3 (3.06%) User Experience
8 2 (2.04%) Algorithms
8 2 (2.04%) Data Structures
8 2 (2.04%) Self-Motivation
8 2 (2.04%) Virtual Team
9 1 (1.02%) ASIC
9 1 (1.02%) Equity Derivative
9 1 (1.02%) Grid Computing
9 1 (1.02%) Mobile App
9 1 (1.02%) Private Cloud
9 1 (1.02%) Reference Data
Operating Systems
1 8 (8.16%) Unix
2 7 (7.14%) Linux
3 6 (6.12%) Windows
Processes & Methodologies
1 37 (37.76%) Agile Software Development
2 15 (15.31%) Business Analysis
3 12 (12.24%) Stakeholder Management
4 11 (11.22%) Data Management
4 11 (11.22%) Investment Management
5 10 (10.20%) TDD
6 8 (8.16%) Data Analysis
6 8 (8.16%) Project Management
6 8 (8.16%) Risk Management
6 8 (8.16%) Scrum
7 7 (7.14%) Asset Management
7 7 (7.14%) Kanban
7 7 (7.14%) Problem-Solving
7 7 (7.14%) User Acceptance Testing
7 7 (7.14%) User Stories
8 6 (6.12%) BDD
8 6 (6.12%) Test Automation
9 5 (5.10%) Decision-Making
9 5 (5.10%) DevOps
9 5 (5.10%) OO
Programming Languages
1 17 (17.35%) SQL
2 11 (11.22%) Java
3 10 (10.20%) Python
4 4 (4.08%) C#
4 4 (4.08%) Java 8
4 4 (4.08%) Perl
5 3 (3.06%) PL/SQL
5 3 (3.06%) PowerShell
6 2 (2.04%) C++
6 2 (2.04%) JavaScript
6 2 (2.04%) Scala
7 1 (1.02%) Bash Shell
7 1 (1.02%) R
Qualifications
1 6 (6.12%) Degree
2 2 (2.04%) ISEB
3 1 (1.02%) AWS Certification
3 1 (1.02%) CFA
3 1 (1.02%) CISA
Quality Assurance & Compliance
1 24 (24.49%) Dodd-Frank
2 23 (23.47%) EMIR
3 22 (22.45%) GDPR
4 9 (9.18%) QA
5 4 (4.08%) FATCA
6 2 (2.04%) Data Quality
6 2 (2.04%) Solvency II
7 1 (1.02%) AIFMD
7 1 (1.02%) Basel III
7 1 (1.02%) Sarbanes-Oxley
7 1 (1.02%) SLA
System Software
1 1 (1.02%) HDFS
Systems Management
1 3 (3.06%) Ansible
2 1 (1.02%) Puppet
Vendors
1 16 (16.33%) Microsoft
2 14 (14.29%) Verint
3 13 (13.27%) BT
3 13 (13.27%) Speakerbus
4 8 (8.16%) Avaya
4 8 (8.16%) Red Box
5 6 (6.12%) Oracle
5 6 (6.12%) Proofpoint
6 4 (4.08%) MuleSoft
7 2 (2.04%) Murex
8 1 (1.02%) Bloomberg
8 1 (1.02%) Calypso
8 1 (1.02%) Cognos
8 1 (1.02%) Fidessa
8 1 (1.02%) Splunk
8 1 (1.02%) Sun
8 1 (1.02%) Sybase
8 1 (1.02%) Tableau
8 1 (1.02%) Temenos
8 1 (1.02%) Vermilion