MiFID Contracts in the North of England

Markets in Financial Instruments Directive (MiFID)
England > North of England

The table below provides summary statistics for contract job vacancies advertised in the North of 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 161 - 219
Rank change year-on-year - - +14
Contract jobs citing MiFID 5 0 1
As % of all contract jobs advertised in the North of England 0.15% - 0.017%
As % of the Quality Assurance & Compliance category 1.06% - 0.12%
Number of daily rates quoted 4 0 0
10th Percentile £513 - -
25th Percentile £545 - -
Median daily rate (50th Percentile) £585 - -
75th Percentile £603 - -
90th Percentile £615 - -
England median daily rate £675 £700 £675
% change year-on-year -3.57% +3.70% +3.85%

All Quality Assurance and Compliance Skills
North of 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 the North of England.

Contract vacancies with a requirement for quality assurance or compliance skills 471 745 813
As % of all contract IT jobs advertised in the North of England 14.29% 15.63% 13.95%
Number of daily rates quoted 323 418 493
10th Percentile £235 £320 £288
25th Percentile £371 £413 £400
Median daily rate (50th Percentile) £475 £500 £500
Median % change year-on-year -5.00% - +11.11%
75th Percentile £575 £588 £588
90th Percentile £698 £672 £650
England median daily rate £513 £525 £525
% change year-on-year -2.38% - -
Number of hourly rates quoted 24 85 40
10th Percentile £14.27 - £13.47
25th Percentile £22.14 £10.95 £29.30
Median hourly rate £24.67 £12.84 £38.55
Median % change year-on-year +92.15% -66.69% +106.15%
75th Percentile £39.69 £26.66 £49.08
90th Percentile £79.39 £48.75 £58.45
England median hourly rate £34.75 £22.34 £41.50
% change year-on-year +55.55% -46.17% +50.91%

MiFID
Job Vacancy Trend in the North of England

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

Job vacancy trend for MiFID in the North of England

MiFID
Contractor Daily Rate Trend in the North of England

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

Daily rate trend for MiFID in the North of England

MiFID
Daily Rate Histogram in the North of England

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

Daily rate histogram for MiFID in the North of England

MiFID
Contract Job Locations in the North of 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 North of 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
North West - 5 £585 - 1
MiFID
England

MiFID
Co-occurring Skills and Capabilities in the North of 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:

Business Applications
1 5 (100.00%) Kondor
Cloud Services
1 5 (100.00%) AWS
1 5 (100.00%) Azure
1 5 (100.00%) GCP
Database & Business Intelligence
1 5 (100.00%) SQL Server
General
1 5 (100.00%) Banking
1 5 (100.00%) Finance
2 4 (80.00%) Social Skills
Libraries, Frameworks & Software Standards
1 5 (100.00%) REST
1 5 (100.00%) SOAP
Miscellaneous
1 5 (100.00%) Derivative
1 5 (100.00%) Foreign Exchange (FX)
Operating Systems
1 5 (100.00%) Linux
1 5 (100.00%) Unix
Processes & Methodologies
1 5 (100.00%) Risk Management
2 4 (80.00%) Knowledge Transfer
Programming Languages
1 5 (100.00%) Python
1 5 (100.00%) SQL
Quality Assurance & Compliance
1 5 (100.00%) Basel III
Vendors
1 5 (100.00%) Oracle
1 5 (100.00%) Sybase
2 1 (20.00%) Microsoft