The following table provides summary statistics for contract job vacancies advertised in London 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 27 June 2022 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)
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 London with a requirement for quality assurance or compliance skills.
Contract vacancies with a requirement for quality assurance or compliance skills
4,868
3,259
1,917
As % of all contract IT jobs advertised in London
12.48%
12.19%
11.05%
Number of daily rates quoted
3,441
2,227
1,336
10th Percentile
£354
£320
£300
25th Percentile
£456
£413
£401
Median daily rate (50th Percentile)
£550
£520
£500
Median % change year-on-year
+5.77%
+4.00%
-
75th Percentile
£675
£620
£583
90th Percentile
£775
£694
£650
England median daily rate
£525
£475
£475
% change year-on-year
+10.53%
-
+5.56%
Number of hourly rates quoted
78
28
37
10th Percentile
£18.35
£14.18
£15.77
25th Percentile
£24.35
£19.38
£19.99
Median hourly rate
£44.50
£21.75
£31.72
Median % change year-on-year
+104.60%
-31.43%
+51.84%
75th Percentile
£49.25
£32.13
£45.00
90th Percentile
£68.75
£38.83
£54.65
England median hourly rate
£27.00
£21.00
£23.00
% change year-on-year
+28.57%
-8.70%
+2.22%
MiFID Job Vacancy Trend in London
Job postings citing MiFID as a proportion of all IT jobs advertised in London.
MiFID Contractor Daily Rate Trend in London
3-month moving average daily rate quoted in jobs citing MiFID in London.
MiFID Daily Rate Histogram in London
Daily rate distribution for jobs citing MiFID in London over the 6 months to 27 June 2022.
MiFID Contractor Hourly Rate Trend in London
3-month moving average hourly rates quoted in jobs citing MiFID in London.
MiFID Contract Job Locations in London
The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MiFID within the London region over the 6 months to 27 June 2022. 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
For the 6 months to 27 June 2022, 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 London region with a requirement for MiFID.
MiFID Co-occurring IT Skills in London 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:
