MiFID Contracts

Markets in Financial Instruments Directive (MiFID)
UK

The table below provides summary statistics for contract job vacancies 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 4 July 2025, comparing them to the same period in the previous two years.

6 months to
4 Jul 2025
Same period 2024 Same period 2023
Rank 448 536 603
Rank change year-on-year +88 +67 +123
Contract jobs citing MiFID 103 59 77
As % of all contract jobs advertised in the UK 0.33% 0.14% 0.14%
As % of the Quality Assurance & Compliance category 2.00% 0.99% 1.01%
Number of daily rates quoted 83 48 61
10th Percentile £414 £500 £513
25th Percentile £513 £572 £600
Median daily rate (50th Percentile) £650 £675 £725
Median % change year-on-year -3.70% -6.90% +11.54%
75th Percentile £738 £750 £775
90th Percentile £868 £803 £810
UK excluding London median daily rate £525 - -
Number of hourly rates quoted 0 0 1
Median hourly rate - - £47.73
UK excluding London median hourly rate - - £47.73
% change year-on-year - - +11.00%

All Quality Assurance and Compliance Skills
UK

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.

Contract vacancies with a requirement for quality assurance or compliance skills 5,147 5,936 7,649
As % of all contract IT jobs advertised in the UK 16.29% 13.67% 13.62%
Number of daily rates quoted 3,302 3,681 5,225
10th Percentile £280 £284 £300
25th Percentile £400 £400 £413
Median daily rate (50th Percentile) £500 £506 £525
Median % change year-on-year -1.19% -3.62% -
75th Percentile £613 £625 £650
90th Percentile £725 £750 £750
UK excluding London median daily rate £473 £475 £500
% change year-on-year -0.42% -5.00% +8.11%
Number of hourly rates quoted 216 430 257
10th Percentile £14.78 £11.07 £14.00
25th Percentile £18.50 £13.52 £19.50
Median hourly rate £30.00 £23.80 £38.00
Median % change year-on-year +26.05% -37.37% +40.74%
75th Percentile £62.63 £49.69 £63.23
90th Percentile £83.19 £70.00 £80.00
UK excluding London median hourly rate £28.18 £21.64 £37.50
% change year-on-year +30.22% -42.29% +67.45%

MiFID
Job Vacancy Trend

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

Job vacancy trend for MiFID in the UK

MiFID
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing MiFID.

Daily rate trend for MiFID in the UK

MiFID
Daily Rate Histogram

Daily rate distribution for jobs citing MiFID over the 6 months to 4 July 2025.

Daily rate histogram for MiFID in the UK

MiFID
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing MiFID.

Hourly rate trend for MiFID in the UK

MiFID
Top 11 Contract Locations

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 over the 6 months to 4 July 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
England +100 94 £675 -3.57% 168
London +54 78 £700 - 148
Work from Home +50 30 £675 +8.00% 44
UK excluding London - 19 £525 - 30
North of England - 7 £603 - 5
North West - 7 £603 - 5
Northern Ireland - 5 £525 - 2
Midlands - 4 £417 - 2
East Midlands - 3 £417 - 1
East of England - 3 £400 - 2
West Midlands - 1 - - 1

MiFID
Co-occurring Skills and Capabilities 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:

Application Platforms
1 8 (7.77%) Confluence
2 1 (0.97%) Appian
2 1 (0.97%) SharePoint
Applications
1 13 (12.62%) Microsoft Excel
2 4 (3.88%) Microsoft PowerPoint
3 3 (2.91%) MS Visio
4 1 (0.97%) Microsoft Office
4 1 (0.97%) Microsoft Project
Business Applications
1 7 (6.80%) Kondor
2 6 (5.83%) Aladdin
3 4 (3.88%) Fidessa
4 3 (2.91%) Actimize
5 2 (1.94%) thinkFolio
6 1 (0.97%) Bloomberg AIM
6 1 (0.97%) Summit
Cloud Services
1 15 (14.56%) Azure
2 11 (10.68%) AWS
3 6 (5.83%) Power Platform
4 5 (4.85%) GCP
5 2 (1.94%) Azure Cosmos DB
5 2 (1.94%) Azure DevOps
5 2 (1.94%) Azure Logic Apps
5 2 (1.94%) Azure Service Bus
5 2 (1.94%) Serverless
6 1 (0.97%) Lucidchart
Database & Business Intelligence
1 14 (13.59%) SQL Server
2 12 (11.65%) Data Lake
3 6 (5.83%) Power BI
3 6 (5.83%) Tableau
4 4 (3.88%) Data Warehouse
5 2 (1.94%) Data Mart
5 2 (1.94%) Relational Database
6 1 (0.97%) Metadata
6 1 (0.97%) NoSQL
6 1 (0.97%) SQL Server Reporting Services
Development Applications
1 11 (10.68%) JIRA
2 3 (2.91%) Git
3 2 (1.94%) Jenkins
3 2 (1.94%) Visual Studio
General
1 78 (75.73%) Finance
2 49 (47.57%) Social Skills
3 41 (39.81%) Front Office
4 30 (29.13%) Banking
5 17 (16.50%) Analytical Skills
5 17 (16.50%) Investment Banking
6 13 (12.62%) Back Office
7 12 (11.65%) Financial Institution
8 9 (8.74%) Legal
9 4 (3.88%) Corporate Banking
9 4 (3.88%) Retail
10 3 (2.91%) Retail Banking
11 2 (1.94%) Documentation Skills
11 2 (1.94%) Organisational Skills
11 2 (1.94%) Presentation Skills
11 2 (1.94%) Private Banking
12 1 (0.97%) Public Sector
Job Titles
1 48 (46.60%) Business Analyst
2 44 (42.72%) Analyst
3 22 (21.36%) Lead
4 15 (14.56%) Regulatory Business Analyst
5 8 (7.77%) Consultant
5 8 (7.77%) Lead Consultant
6 7 (6.80%) Lead Business Analyst
7 6 (5.83%) Business Consultant
7 6 (5.83%) Data Analyst
7 6 (5.83%) Project Manager
7 6 (5.83%) Regulatory Reporting Business Analyst
8 5 (4.85%) Business Data Analyst
8 5 (4.85%) Developer
8 5 (4.85%) Technical Analyst
8 5 (4.85%) Technical Business Analyst
9 4 (3.88%) Charles River Consultant
9 4 (3.88%) Data Business Analyst
9 4 (3.88%) Investment Banking Business Analyst
9 4 (3.88%) MiFID Specialist
9 4 (3.88%) Report Analyst
Libraries, Frameworks & Software Standards
1 10 (9.71%) REST
2 8 (7.77%) .NET
3 7 (6.80%) SOAP
4 6 (5.83%) XML
5 4 (3.88%) FpML
5 4 (3.88%) React
6 3 (2.91%) FIX Protocol
6 3 (2.91%) Kafka
7 2 (1.94%) .NET Core
7 2 (1.94%) .NET Framework
7 2 (1.94%) JSON
7 2 (1.94%) RabbitMQ
8 1 (0.97%) ASP.NET
8 1 (0.97%) ASP.NET MVC
8 1 (0.97%) Middleware
8 1 (0.97%) Murex MxML
Miscellaneous
1 31 (30.10%) Derivative
2 29 (28.16%) Foreign Exchange (FX)
3 21 (20.39%) Fixed Income
4 20 (19.42%) Equities
5 17 (16.50%) Hedge funds
6 8 (7.77%) DTCC
6 8 (7.77%) Product Ownership
7 5 (4.85%) Reference Data
8 4 (3.88%) Onboarding
9 3 (2.91%) Management Information System
9 3 (2.91%) Market Risk
9 3 (2.91%) PMI
10 2 (1.94%) Analytical Mindset
10 2 (1.94%) Cloud Native
10 2 (1.94%) Credit Derivative
10 2 (1.94%) Distributed Systems
11 1 (0.97%) Greenfield Project
11 1 (0.97%) OTC Derivatives
11 1 (0.97%) Self-Motivation
11 1 (0.97%) Virtual Team
Operating Systems
1 8 (7.77%) Unix
2 7 (6.80%) Linux
Processes & Methodologies
1 42 (40.78%) Agile
2 29 (28.16%) Regulatory Change
3 26 (25.24%) Regulatory Compliance
4 25 (24.27%) Risk Management
5 24 (23.30%) Data Analysis
5 24 (23.30%) Stakeholder Management
5 24 (23.30%) Validation
6 21 (20.39%) Investment Management
7 19 (18.45%) Business Analysis
7 19 (18.45%) Project Management
8 17 (16.50%) Data Governance
8 17 (16.50%) Problem-Solving
8 17 (16.50%) Requirements Gathering
9 15 (14.56%) Asset Management
9 15 (14.56%) Data Management
9 15 (14.56%) Migration
9 15 (14.56%) Roadmaps
10 14 (13.59%) Change Management
10 14 (13.59%) Project Delivery
11 13 (12.62%) User Acceptance Testing
Programming Languages
1 43 (41.75%) SQL
2 13 (12.62%) Python
3 8 (7.77%) C#
4 4 (3.88%) JavaScript
5 3 (2.91%) TypeScript
6 2 (1.94%) T-SQL
7 1 (0.97%) Java
7 1 (0.97%) PowerShell
7 1 (0.97%) Ruby
Qualifications
1 10 (9.71%) Degree
2 7 (6.80%) PMI Certification
3 5 (4.85%) Master's Degree
4 4 (3.88%) CBAP
4 4 (3.88%) PMP
5 3 (2.91%) Computer Science Degree
6 1 (0.97%) CFA
6 1 (0.97%) ISTQB
6 1 (0.97%) Security Cleared
Quality Assurance & Compliance
1 44 (42.72%) EMIR
2 14 (13.59%) Basel III
3 9 (8.74%) Dodd-Frank
4 8 (7.77%) Data Quality
5 6 (5.83%) GDPR
6 4 (3.88%) IFRS
7 3 (2.91%) IFRS 9
7 3 (2.91%) QA
8 2 (1.94%) Sarbanes-Oxley
8 2 (1.94%) UCITS
9 1 (0.97%) Accessibility
9 1 (0.97%) AIFMD
9 1 (0.97%) FATCA
9 1 (0.97%) HIPAA
9 1 (0.97%) IFRS 17
System Software
1 1 (0.97%) Docker
Systems Management
1 1 (0.97%) Terraform
Vendors
1 15 (14.56%) Microsoft
2 10 (9.71%) Oracle
3 7 (6.80%) Sybase
4 5 (4.85%) Alteryx
5 4 (3.88%) Bloomberg
5 4 (3.88%) Charles River
6 2 (1.94%) CQG
6 2 (1.94%) Murex
6 2 (1.94%) Portware
6 2 (1.94%) SimCorp
7 1 (0.97%) Advent
7 1 (0.97%) Avaloq
7 1 (0.97%) Databricks
7 1 (0.97%) Pega
7 1 (0.97%) Reuters
7 1 (0.97%) Salesforce
7 1 (0.97%) TOWER Software
7 1 (0.97%) Tradeweb
7 1 (0.97%) Trayport
7 1 (0.97%) Verint