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 23 October 2024, comparing them to the same period in the previous two years.

6 months to
23 Oct 2024
Same period 2023 Same period 2022
Rank 718 705 1079
Rank change year-on-year -13 +374 -94
Permanent jobs citing MiFID 60 59 86
As % of all permanent jobs advertised in the UK 0.079% 0.099% 0.061%
As % of the Quality Assurance & Compliance category 0.54% 0.70% 0.35%
Number of salaries quoted 26 53 70
10th Percentile - £51,250 £47,500
25th Percentile - £63,750 £69,063
Median annual salary (50th Percentile) £70,000 £85,000 £90,000
Median % change year-on-year -17.65% -5.56% +20.00%
75th Percentile £90,000 £97,500 £115,938
90th Percentile £122,500 £110,000 £130,875
UK excluding London median annual salary - - £28,500
% change year-on-year - - -43.00%

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 permanent job vacancies requiring quality assurance or compliance skills.

Permanent vacancies with a requirement for quality assurance or compliance skills 11,166 8,389 24,655
As % of all permanent jobs advertised in the UK 14.76% 14.11% 17.54%
Number of salaries quoted 4,629 6,172 12,678
10th Percentile £30,500 £32,500 £31,250
25th Percentile £41,250 £45,000 £41,250
Median annual salary (50th Percentile) £57,965 £60,000 £57,000
Median % change year-on-year -3.39% +5.26% +3.64%
75th Percentile £77,500 £77,500 £75,000
90th Percentile £97,250 £95,000 £93,750
UK excluding London median annual salary £50,000 £52,500 £50,000
% change year-on-year -4.76% +5.00% +6.38%

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 23 October 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 23 October 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 -31 60 £70,000 -17.65% 11
London +5 56 £70,000 -17.65% 10
Work from Home +20 4 £97,500 +39.29% 5
UK excluding London - 4 - - 1
North of England - 4 - -
North West - 4 - -

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:

Applications
1 2 (3.33%) Microsoft Excel
Cloud Services
1 17 (28.33%) AWS
2 11 (18.33%) Amazon EKS
3 4 (6.67%) Azure
3 4 (6.67%) Azure DevOps
4 3 (5.00%) WhatsApp
5 2 (3.33%) Power Platform
Communications & Networking
1 3 (5.00%) FTP
Database & Business Intelligence
1 17 (28.33%) PostgreSQL
2 14 (23.33%) SQL Server
3 3 (5.00%) MongoDB
4 2 (3.33%) Power BI
Development Applications
1 19 (31.67%) JIRA
2 3 (5.00%) NUnit
General
1 34 (56.67%) Finance
2 30 (50.00%) Social Skills
3 8 (13.33%) Analytical Skills
3 8 (13.33%) Banking
4 7 (11.67%) Front Office
5 6 (10.00%) Back Office
5 6 (10.00%) Inclusion and Diversity
5 6 (10.00%) Law
5 6 (10.00%) Marketing
6 4 (6.67%) Advertising
7 1 (1.67%) Financial Institution
7 1 (1.67%) Investment Banking
Job Titles
1 23 (38.33%) Developer
2 20 (33.33%) C# Developer
3 16 (26.67%) Angular Developer
3 16 (26.67%) SQL Developer
4 13 (21.67%) .NET Developer
4 13 (21.67%) C# .NET Developer
5 11 (18.33%) AWS Developer
6 10 (16.67%) Report Specialist
6 10 (16.67%) Senior
7 9 (15.00%) Senior C# Developer
7 9 (15.00%) Senior Developer
8 8 (13.33%) Analyst
9 6 (10.00%) C# Software Engineer
9 6 (10.00%) Software Engineer
10 5 (8.33%) Lead
10 5 (8.33%) Report Developer
10 5 (8.33%) Senior SQL Developer
11 4 (6.67%) Report Analyst
12 3 (5.00%) Senior Software Developer
12 3 (5.00%) Senior Software Engineer
Libraries, Frameworks & Software Standards
1 23 (38.33%) .NET
2 20 (33.33%) AngularJS
3 19 (31.67%) .NET Core
4 14 (23.33%) Kafka
5 11 (18.33%) MSMQ
6 7 (11.67%) FIX Protocol
6 7 (11.67%) HTML
6 7 (11.67%) React
6 7 (11.67%) REST
7 4 (6.67%) .NET Framework
7 4 (6.67%) ASP.NET
7 4 (6.67%) ASP.NET MVC
7 4 (6.67%) jQuery
7 4 (6.67%) KnockoutJS
7 4 (6.67%) QuickFIX
7 4 (6.67%) WCF
7 4 (6.67%) Web Services
7 4 (6.67%) WinForms
8 3 (5.00%) CSS
8 3 (5.00%) Spring
Miscellaneous
1 23 (38.33%) Derivative
2 19 (31.67%) Hedge funds
2 19 (31.67%) OTC Derivatives
3 6 (10.00%) Mobile Banking
4 4 (6.67%) Cloud Native
5 2 (3.33%) Robotics
5 2 (3.33%) Self-Motivation
Operating Systems
1 4 (6.67%) Windows
2 3 (5.00%) Linux
Processes & Methodologies
1 20 (33.33%) Microservices
2 17 (28.33%) Full-Stack Development
3 16 (26.67%) Code Quality
3 16 (26.67%) TDD
3 16 (26.67%) Unit Testing
3 16 (26.67%) User Experience
4 7 (11.67%) CI/CD
4 7 (11.67%) DevOps
4 7 (11.67%) OO
4 7 (11.67%) Software Engineering
5 6 (10.00%) Artificial Intelligence
5 6 (10.00%) Fintech
5 6 (10.00%) Root Cause Analysis
6 4 (6.67%) Analytics
6 4 (6.67%) MVC
6 4 (6.67%) Process Improvement
6 4 (6.67%) Risk Management
6 4 (6.67%) Software Testing
6 4 (6.67%) Statistics
6 4 (6.67%) Time Management
Programming Languages
1 26 (43.33%) SQL
2 23 (38.33%) C#
3 4 (6.67%) JavaScript
3 4 (6.67%) PowerShell
4 3 (5.00%) Clojure
4 3 (5.00%) Groovy
4 3 (5.00%) Java
4 3 (5.00%) Python
4 3 (5.00%) Scala
Qualifications
1 7 (11.67%) Degree
Quality Assurance & Compliance
1 12 (20.00%) EMIR
2 6 (10.00%) QA
2 6 (10.00%) UCITS
System Software
1 3 (5.00%) Docker
Systems Management
1 3 (5.00%) Kubernetes
Vendors
1 9 (15.00%) Bloomberg
2 6 (10.00%) Microsoft
3 3 (5.00%) Reuters
4 2 (3.33%) Alteryx