Markets in Financial Instruments Directive (MiFID)
UK

The table below provides summary statistics for permanent job vacancies requiring MiFID skills. It includes a benchmarking guide to the annual salaries offered in vacancies that cited MiFID over the 6 months leading up to 20 July 2024, comparing them to the same period in the previous two years.

6 months to
20 Jul 2024
Same period 2023 Same period 2022
Rank 843 781 1147
Rank change year-on-year -62 +366 -259
Permanent jobs citing MiFID 39 93 135
As % of all permanent jobs advertised in the UK 0.041% 0.11% 0.076%
As % of the Quality Assurance & Compliance category 0.31% 0.72% 0.43%
Number of salaries quoted 18 77 104
10th Percentile - £54,000 £55,550
25th Percentile £70,000 £65,000 £75,000
Median annual salary (50th Percentile) £77,500 £85,000 £92,500
Median % change year-on-year -8.82% -8.11% +19.35%
75th Percentile £109,375 £97,500 £116,250
90th Percentile £119,500 £104,750 £138,750
UK excluding London median annual salary - - £61,250
% change year-on-year - - +22.50%

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 permanent job vacancies requiring quality assurance or compliance skills.

Permanent vacancies with a requirement for quality assurance or compliance skills 12,564 12,910 31,495
As % of all permanent jobs advertised in the UK 13.11% 15.58% 17.70%
Number of salaries quoted 8,012 7,886 14,116
10th Percentile £27,400 £32,500 £31,000
25th Percentile £37,500 £42,500 £41,250
Median annual salary (50th Percentile) £52,500 £57,500 £55,000
Median % change year-on-year -8.70% +4.55% +1.85%
75th Percentile £72,500 £76,250 £73,250
90th Percentile £94,900 £92,500 £90,000
UK excluding London median annual salary £47,500 £50,000 £50,000
% change year-on-year -5.00% - +5.26%

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
Salary Trend

3-month moving average salary quoted in jobs citing MiFID.

Salary trend for MiFID in the UK

MiFID
Salary Histogram

Salary distribution for jobs citing MiFID over the 6 months to 20 July 2024.

Salary histogram for MiFID in the UK

MiFID
Top 6 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing MiFID within the UK over the 6 months to 20 July 2024. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England -32 39 £77,500 -8.82% 12
London +17 38 £77,500 -8.82% 10
Work from Home +22 5 £100,000 +24.54% 6
North West - 1 - -
UK excluding London - 1 - - 9
North of England - 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:

Cloud Services
1 12 (30.77%) AWS
2 5 (12.82%) Amazon EKS
3 4 (10.26%) Azure
3 4 (10.26%) Azure DevOps
3 4 (10.26%) WhatsApp
Communications & Networking
1 5 (12.82%) FTP
Database & Business Intelligence
1 12 (30.77%) PostgreSQL
2 10 (25.64%) SQL Server
3 5 (12.82%) MongoDB
Development Applications
1 9 (23.08%) JIRA
2 2 (5.13%) NUnit
General
1 25 (64.10%) Finance
2 18 (46.15%) Social Skills
3 9 (23.08%) Banking
4 6 (15.38%) Analytical Skills
4 6 (15.38%) Front Office
4 6 (15.38%) Inclusion and Diversity
4 6 (15.38%) Law
4 6 (15.38%) Marketing
5 4 (10.26%) Advertising
5 4 (10.26%) Back Office
6 2 (5.13%) Investment Banking
7 1 (2.56%) Financial Institution
7 1 (2.56%) French Language
7 1 (2.56%) Legal
Job Titles
1 16 (41.03%) Developer
2 10 (25.64%) C# Developer
3 7 (17.95%) .NET Developer
3 7 (17.95%) C# .NET Developer
4 6 (15.38%) Angular Developer
4 6 (15.38%) Senior
4 6 (15.38%) SQL Developer
5 5 (12.82%) AWS Developer
5 5 (12.82%) C# Software Engineer
5 5 (12.82%) Report Specialist
5 5 (12.82%) Senior C# Developer
5 5 (12.82%) Senior Developer
5 5 (12.82%) Software Engineer
6 4 (10.26%) Analyst
6 4 (10.26%) Business Analyst
6 4 (10.26%) Python Developer
7 3 (7.69%) C# Software Developer
7 3 (7.69%) Java Developer
7 3 (7.69%) Senior Software Developer
7 3 (7.69%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 12 (30.77%) .NET
1 12 (30.77%) AngularJS
2 10 (25.64%) Kafka
3 9 (23.08%) FIX Protocol
3 9 (23.08%) HTML
3 9 (23.08%) React
3 9 (23.08%) REST
4 8 (20.51%) .NET Core
5 5 (12.82%) CSS
5 5 (12.82%) FastAPI
5 5 (12.82%) MSMQ
5 5 (12.82%) NumPy
5 5 (12.82%) Pandas
5 5 (12.82%) RabbitMQ
5 5 (12.82%) Spring
5 5 (12.82%) Spring Boot
6 4 (10.26%) ASP.NET
6 4 (10.26%) KnockoutJS
6 4 (10.26%) QuickFIX
6 4 (10.26%) Web Services
Miscellaneous
1 13 (33.33%) Derivative
2 11 (28.21%) Hedge funds
3 9 (23.08%) OTC Derivatives
4 6 (15.38%) Mobile Banking
5 4 (10.26%) Cloud Native
6 1 (2.56%) ASIC
6 1 (2.56%) Data Protection Act
Operating Systems
1 5 (12.82%) Linux
2 4 (10.26%) Windows
Processes & Methodologies
1 12 (30.77%) Full Stack Development
2 10 (25.64%) Microservices
3 8 (20.51%) OO
4 7 (17.95%) Analytics
4 7 (17.95%) Fintech
5 6 (15.38%) Agile
5 6 (15.38%) Artificial Intelligence
5 6 (15.38%) CI/CD
5 6 (15.38%) Code Quality
5 6 (15.38%) DevOps
5 6 (15.38%) Root Cause Analysis
5 6 (15.38%) Software Engineering
5 6 (15.38%) TDD
5 6 (15.38%) Unit Testing
5 6 (15.38%) User Experience
6 5 (12.82%) Data Analytics
6 5 (12.82%) Migration
6 5 (12.82%) RAD
6 5 (12.82%) Risk Management
6 5 (12.82%) Statistics
Programming Languages
1 17 (43.59%) SQL
2 13 (33.33%) C#
3 5 (12.82%) Clojure
3 5 (12.82%) Groovy
3 5 (12.82%) Java
3 5 (12.82%) Python
3 5 (12.82%) Scala
4 4 (10.26%) JavaScript
4 4 (10.26%) PowerShell
Qualifications
1 5 (12.82%) Degree
Quality Assurance & Compliance
1 9 (23.08%) EMIR
2 6 (15.38%) QA
2 6 (15.38%) UCITS
System Software
1 2 (5.13%) Docker
Systems Management
1 2 (5.13%) Kubernetes
Vendors
1 5 (12.82%) Bloomberg
1 5 (12.82%) Microsoft
1 5 (12.82%) Reuters