MiFID Contracts in the UK excluding London

Markets in Financial Instruments Directive (MiFID)
UK > UK excluding London

The table below provides summary statistics for contract job vacancies advertised in the UK excluding London 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 325 398 457
Rank change year-on-year +73 +59 +45
Contract jobs citing MiFID 11 1 5
As % of all contract jobs advertised in the UK excluding London 0.086% 0.005% 0.021%
As % of the Quality Assurance & Compliance category 0.53% 0.032% 0.14%
Number of daily rates quoted 9 1 0
10th Percentile £375 - -
25th Percentile £391 - -
Median daily rate (50th Percentile) £492 £750 -
Median % change year-on-year -34.40% - -
75th Percentile £597 - -
90th Percentile £630 - -
UK median daily rate £675 £700 £675
% change year-on-year -3.57% +3.70% +3.85%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £47.73
UK median hourly rate - - £47.73
% change year-on-year - - +11.00%

All Quality Assurance and Compliance Skills
UK excluding London

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 UK excluding London.

Contract vacancies with a requirement for quality assurance or compliance skills 2,060 3,142 3,565
As % of all contract IT jobs advertised in the UK excluding London 16.14% 15.13% 14.81%
Number of daily rates quoted 1,297 1,830 2,400
10th Percentile £209 £252 £213
25th Percentile £363 £363 £363
Median daily rate (50th Percentile) £475 £488 £475
Median % change year-on-year -2.56% +2.63% +5.56%
75th Percentile £575 £588 £588
90th Percentile £665 £680 £675
UK median daily rate £500 £510 £525
% change year-on-year -1.96% -2.86% +2.44%
Number of hourly rates quoted 138 309 180
10th Percentile £17.28 £10.95 £12.50
25th Percentile £24.18 £12.63 £18.21
Median hourly rate £40.78 £18.00 £36.25
Median % change year-on-year +126.53% -50.34% +72.21%
75th Percentile £67.03 £43.75 £62.00
90th Percentile £79.92 £67.38 £77.50
UK median hourly rate £34.50 £20.80 £37.50
% change year-on-year +65.85% -44.53% +33.93%

MiFID
Job Vacancy Trend in the UK excluding London

Job postings citing MiFID as a proportion of all IT jobs advertised in the UK excluding London.

Job vacancy trend for MiFID in the UK excluding London

MiFID
Contractor Daily Rate Trend in the UK excluding London

3-month moving average daily rate quoted in jobs citing MiFID in the UK excluding London.

Daily rate trend for MiFID in the UK excluding London

MiFID
Daily Rate Histogram in the UK excluding London

Daily rate distribution for jobs citing MiFID in the UK excluding London over the 6 months to 1 May 2025.

Daily rate histogram for MiFID in the UK excluding London

MiFID
Contract Job Locations in the UK excluding 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 UK excluding London 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 - 8
North of England - 5 £585 - 17
East of England - 2 £400 - 14
Northern Ireland - 2 £625 - 1
East Midlands - 2 £417 - 6
Midlands - 2 £417 - 15
MiFID
UK

MiFID
Co-occurring Skills and Capabilities in the UK excluding London 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:

Applications
1 1 (9.09%) Microsoft Excel
Business Applications
1 5 (45.45%) Kondor
Cloud Services
1 5 (45.45%) AWS
1 5 (45.45%) Azure
1 5 (45.45%) GCP
Database & Business Intelligence
1 5 (45.45%) SQL Server
Development Applications
1 1 (9.09%) JIRA
General
1 9 (81.82%) Finance
2 6 (54.55%) Banking
3 5 (45.45%) Social Skills
4 2 (18.18%) Front Office
5 1 (9.09%) Analytical Skills
5 1 (9.09%) Financial Institution
5 1 (9.09%) Legal
Job Titles
1 2 (18.18%) Report Specialist
2 1 (9.09%) Business Analyst
2 1 (9.09%) Programme Manager
2 1 (9.09%) Project Manager
Libraries, Frameworks & Software Standards
1 5 (45.45%) REST
1 5 (45.45%) SOAP
Miscellaneous
1 5 (45.45%) Derivative
1 5 (45.45%) Foreign Exchange (FX)
2 1 (9.09%) Fixed Income
Operating Systems
1 5 (45.45%) Linux
1 5 (45.45%) Unix
Processes & Methodologies
1 7 (63.64%) Risk Management
2 4 (36.36%) Knowledge Transfer
2 4 (36.36%) Regulatory Compliance
3 3 (27.27%) Problem-Solving
3 3 (27.27%) Validation
4 2 (18.18%) Asset Management
4 2 (18.18%) Change Management
4 2 (18.18%) Data Analysis
4 2 (18.18%) Data Validation
4 2 (18.18%) Investment Management
4 2 (18.18%) Regulatory Change
4 2 (18.18%) Stakeholder Management
4 2 (18.18%) User Acceptance Testing
5 1 (9.09%) Budget Management
5 1 (9.09%) Business Strategy
5 1 (9.09%) Compliance Management
5 1 (9.09%) Line Management
5 1 (9.09%) Project Governance
5 1 (9.09%) Resource Allocation
5 1 (9.09%) Waterfall
Programming Languages
1 6 (54.55%) SQL
2 5 (45.45%) Python
Quality Assurance & Compliance
1 6 (54.55%) Basel III
2 1 (9.09%) Dodd-Frank
2 1 (9.09%) EMIR
2 1 (9.09%) GDPR
2 1 (9.09%) QA
2 1 (9.09%) Sarbanes-Oxley
Vendors
1 5 (45.45%) Oracle
1 5 (45.45%) Sybase
2 2 (18.18%) Microsoft