MiFID Contracts in Scotland

Markets in Financial Instruments Directive (MiFID)
UK > Scotland

The table below provides summary statistics for contract job vacancies advertised in Scotland 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 24 August 2025, comparing them to the same period in the previous two years.

6 months to
24 Aug 2025
Same period 2024 Same period 2023
Rank 120 116 147
Rank change year-on-year -4 +31 +33
DemandTrendContract jobs citing MiFID 1 2 2
As % of all contract jobs advertised in Scotland 0.060% 0.11% 0.079%
As % of the Quality Assurance & Compliance category 0.37% 0.57% 0.38%
Number of daily rates quoted 0 1 1
10th Percentile - - -
25th Percentile - £513 £459
Median daily rate (50th Percentile) - £525 £467
Median % change year-on-year - +12.42% -
75th Percentile - £538 £476
90th Percentile - - -
UK median daily rate £622 £625 £740
% change year-on-year -0.48% -15.54% +13.85%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £47.73
UK median hourly rate - - £47.73

All Quality Assurance and Compliance Skills
Scotland

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 Scotland.

DemandTrendContract vacancies with a requirement for quality assurance or compliance skills 270 350 522
As % of all contract IT jobs advertised in Scotland 16.17% 18.76% 20.62%
Number of daily rates quoted 160 221 396
10th Percentile £200 £180 £179
25th Percentile £368 £285 £388
Median daily rate (50th Percentile) £450 £435 £475
Median % change year-on-year +3.45% -8.37% +2.32%
75th Percentile £526 £500 £531
90th Percentile £575 £600 £592
UK median daily rate £500 £513 £525
% change year-on-year -2.44% -2.38% -
Number of hourly rates quoted 6 22 5
10th Percentile £13.65 - £13.70
25th Percentile £15.32 £13.52 £14.50
Median hourly rate £17.68 £14.98 £21.75
Median % change year-on-year +18.04% -31.13% +6.36%
75th Percentile £50.98 £18.20 £47.73
90th Percentile £66.88 £19.47 £56.59
UK median hourly rate £29.00 £24.84 £35.50
% change year-on-year +16.75% -30.03% +54.35%

MiFID
Job Vacancy Trend in Scotland

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

Job vacancy trend for MiFID in Scotland

MiFID
Daily Rate Trend in Scotland

Contractor daily rate distribution trend for jobs in Scotland citing MiFID.

Contractor daily rate distribution trend for jobs in Scotland citing MiFID

MiFID
DemandTrendContract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MiFID within the Scotland region over the 6 months to 24 August 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
DemandTrendContract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Glasgow -18 1 - - 1
MiFID
UK

MiFID
Co-occurring Skills and Capabilities in Scotland 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:

General
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Financial Institution
1 1 (100.00%) Front Office
1 1 (100.00%) Investment Banking
1 1 (100.00%) Social Skills
Job Titles
1 1 (100.00%) Analyst
Miscellaneous
1 1 (100.00%) Analytical Mindset
1 1 (100.00%) SWIFT Messaging Network
Processes & Methodologies
1 1 (100.00%) Economics
1 1 (100.00%) Process Improvement
1 1 (100.00%) User Acceptance Testing
Qualifications
1 1 (100.00%) Degree
Vendors
1 1 (100.00%) Avaloq