Markets in Financial Instruments Directive (MiFID)
London > Central London
The table below provides summary statistics for contract job vacancies advertised in Central 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 12 June 2024, comparing them to the same period in the previous two years.
| 6 months to 12 Jun 2024 |
Same period 2023 | Same period 2022 | |
|---|---|---|---|
| Rank | 134 | 163 | 176 |
| Rank change year-on-year | +29 | +13 | -16 |
| Contract jobs citing MiFID | 3 | 14 | 19 |
| As % of all contract jobs advertised in Central London | 0.12% | 0.38% | 0.43% |
| As % of the Quality Assurance & Compliance category | 0.73% | 2.77% | 2.89% |
| Number of daily rates quoted | 3 | 11 | 17 |
| 10th Percentile | £510 | £613 | £574 |
| 25th Percentile | £563 | £638 | - |
| Median daily rate (50th Percentile) | £700 | £738 | £700 |
| Median % change year-on-year | -5.08% | +5.36% | +7.69% |
| 75th Percentile | £774 | £750 | £750 |
| 90th Percentile | £788 | £800 | £800 |
| London median daily rate | £700 | £725 | £693 |
| % change year-on-year | -3.45% | +4.69% | +15.42% |
All Quality Assurance and Compliance Skills
Central 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 Central London.
| Contract vacancies with a requirement for quality assurance or compliance skills | 411 | 505 | 657 |
| As % of all contract IT jobs advertised in Central London | 16.99% | 13.76% | 14.78% |
| Number of daily rates quoted | 291 | 369 | 414 |
| 10th Percentile | £363 | £363 | £350 |
| 25th Percentile | £463 | £488 | £450 |
| Median daily rate (50th Percentile) | £550 | £600 | £564 |
| Median % change year-on-year | -8.33% | +6.43% | +7.38% |
| 75th Percentile | £650 | £713 | £675 |
| 90th Percentile | £765 | £825 | £775 |
| London median daily rate | £550 | £575 | £550 |
| % change year-on-year | -4.35% | +4.55% | +7.32% |
| Number of hourly rates quoted | 6 | 1 | 6 |
| 10th Percentile | £17.96 | - | £20.88 |
| 25th Percentile | £20.44 | - | £29.31 |
| Median hourly rate | £23.40 | £25.00 | £51.00 |
| Median % change year-on-year | -6.40% | -50.98% | +155.00% |
| 75th Percentile | £25.92 | - | £62.31 |
| 90th Percentile | £35.16 | - | £64.13 |
| London median hourly rate | £24.18 | £26.00 | £44.50 |
| % change year-on-year | -7.00% | -41.57% | +121.89% |
MiFID
Job Vacancy Trend in Central London
Job postings citing MiFID as a proportion of all IT jobs advertised in Central London.
MiFID
Contractor Daily Rate Trend in Central London
3-month moving average daily rate quoted in jobs citing MiFID in Central London.
MiFID
Daily Rate Histogram in Central London
Daily rate distribution for jobs citing MiFID in Central London over the 6 months to 12 June 2024.
MiFID
Contract Job Locations in Central 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 Central London region over the 6 months to 12 June 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 Contract IT Job Ads |
Median Daily Rate Past 6 Months |
Median Daily Rate % Change on Same Period Last Year |
Live Jobs |
|---|---|---|---|---|---|
| City of Westminster | - | 3 | £700 | - | |
| MiFID London |
|||||
MiFID
Co-occurring Skills and Capabilities in Central 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: