MiFID Contracts in the City of London

Markets in Financial Instruments Directive (MiFID)
Central London > City of London

The table below provides summary statistics for contract job vacancies advertised in the City of 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 April 2025, comparing them to the same period in the previous two years.

6 months to
1 Apr 2025
Same period 2024 Same period 2023
Rank 103 125 160
Rank change year-on-year +22 +35 +16
Contract jobs citing MiFID 16 3 17
As % of all contract jobs advertised in the City of London 0.92% 0.13% 0.44%
As % of the Quality Assurance & Compliance category 5.97% 0.80% 3.46%
Number of daily rates quoted 9 3 15
10th Percentile - £650 £565
25th Percentile £500 £669 £625
Median daily rate (50th Percentile) £525 £700 £675
Median % change year-on-year -25.00% +3.70% -3.57%
75th Percentile £638 £719 £713
90th Percentile £720 £730 £768
Central London median daily rate £525 £700 £675
% change year-on-year -25.00% +3.70% -3.57%

All Quality Assurance and Compliance Skills
City of 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 City of London.

Contract vacancies with a requirement for quality assurance or compliance skills 268 375 492
As % of all contract IT jobs advertised in the City of London 15.47% 16.30% 12.68%
Number of daily rates quoted 176 276 361
10th Percentile £375 £366 £405
25th Percentile £456 £463 £495
Median daily rate (50th Percentile) £560 £550 £600
Median % change year-on-year +1.77% -8.33% +9.09%
75th Percentile £688 £675 £725
90th Percentile £781 £750 £838
Central London median daily rate £557 £550 £600
% change year-on-year +1.27% -8.33% +9.09%
Number of hourly rates quoted 0 2 1
10th Percentile - £25.05 -
25th Percentile - £32.75 £58.25
Median hourly rate - £46.55 £59.50
Median % change year-on-year - -21.76% +124.53%
75th Percentile - £60.64 £60.75
90th Percentile - £68.50 -
Central London median hourly rate £20.35 £34.53 £25.00
% change year-on-year -41.08% +38.12% -5.66%

MiFID
Job Vacancy Trend in the City of London

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

Job vacancy trend for MiFID in the City of London

MiFID
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing MiFID in the City of London.

Daily rate trend for MiFID in the City of London

MiFID
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing MiFID in the City of London over the 6 months to 1 April 2025.

Daily rate histogram for MiFID in the City of London

MiFID
Co-occurring Skills and Capabilities in the City of 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:

Application Platforms
1 3 (18.75%) Confluence
Applications
1 4 (25.00%) Microsoft Excel
2 2 (12.50%) Microsoft PowerPoint
2 2 (12.50%) Microsoft Project
Business Applications
1 1 (6.25%) Bloomberg AIM
1 1 (6.25%) Fidessa
Cloud Services
1 3 (18.75%) Azure
2 1 (6.25%) Azure DevOps
2 1 (6.25%) Power Platform
Database & Business Intelligence
1 5 (31.25%) SQL Server
2 1 (6.25%) Power BI
2 1 (6.25%) SQL Server Reporting Services
2 1 (6.25%) Tableau
Development Applications
1 4 (25.00%) JIRA
2 2 (12.50%) Jenkins
3 1 (6.25%) Git
3 1 (6.25%) Visual Studio
General
1 12 (75.00%) Finance
2 9 (56.25%) Banking
3 8 (50.00%) Investment Banking
3 8 (50.00%) Social Skills
4 5 (31.25%) Analytical Skills
4 5 (31.25%) Back Office
5 4 (25.00%) Financial Institution
6 3 (18.75%) Corporate Banking
6 3 (18.75%) Front Office
6 3 (18.75%) Retail
6 3 (18.75%) Retail Banking
7 1 (6.25%) Legal
7 1 (6.25%) Presentation Skills
7 1 (6.25%) Private Banking
Job Titles
1 6 (37.50%) Business Analyst
2 5 (31.25%) Developer
3 4 (25.00%) Analyst
3 4 (25.00%) Data Business Analyst
3 4 (25.00%) MiFID Specialist
4 3 (18.75%) Compliance Specialist
4 3 (18.75%) Electronic Trading Specialist
5 2 (12.50%) C# Developer
5 2 (12.50%) Data Analyst
5 2 (12.50%) Full-Stack Developer
6 1 (6.25%) Analyst Developer
6 1 (6.25%) Fund Accounting Business Analyst
6 1 (6.25%) Project Manager
6 1 (6.25%) Software Analyst
6 1 (6.25%) Software Developer
Libraries, Frameworks & Software Standards
1 5 (31.25%) .NET
2 3 (18.75%) Kafka
3 2 (12.50%) FIX Protocol
3 2 (12.50%) React
4 1 (6.25%) ASP.NET
4 1 (6.25%) ASP.NET MVC
4 1 (6.25%) REST
Miscellaneous
1 3 (18.75%) Derivative
1 3 (18.75%) Equities
1 3 (18.75%) Fixed Income
1 3 (18.75%) Foreign Exchange (FX)
2 2 (12.50%) Management Information System
2 2 (12.50%) Product Ownership
3 1 (6.25%) Onboarding
3 1 (6.25%) Reference Data
Processes & Methodologies
1 6 (37.50%) Problem-Solving
1 6 (37.50%) Stakeholder Management
2 5 (31.25%) Data Analysis
2 5 (31.25%) Process Improvement
2 5 (31.25%) Regulatory Compliance
2 5 (31.25%) Requirements Gathering
3 4 (25.00%) Business Analysis
3 4 (25.00%) Data Management
3 4 (25.00%) Investment Management
3 4 (25.00%) MoSCoW
3 4 (25.00%) Project Management
3 4 (25.00%) Regulatory Change
3 4 (25.00%) Wealth Management
4 3 (18.75%) Agile
4 3 (18.75%) Algorithmic Trading
4 3 (18.75%) Data Analytics
4 3 (18.75%) Electronic Trading
4 3 (18.75%) Internal Audit
4 3 (18.75%) Risk Management
4 3 (18.75%) Validation
Programming Languages
1 6 (37.50%) SQL
2 5 (31.25%) C#
3 3 (18.75%) Python
4 2 (12.50%) JavaScript
4 2 (12.50%) TypeScript
5 1 (6.25%) PowerShell
5 1 (6.25%) Ruby
5 1 (6.25%) T-SQL
Qualifications
1 5 (31.25%) Degree
2 3 (18.75%) PMI Certification
2 3 (18.75%) PMP
3 2 (12.50%) CBAP
3 2 (12.50%) Master's Degree
4 1 (6.25%) CFA
Quality Assurance & Compliance
1 9 (56.25%) EMIR
2 2 (12.50%) Accessibility
2 2 (12.50%) Data Quality
2 2 (12.50%) Dodd-Frank
3 1 (6.25%) QA
3 1 (6.25%) UCITS
System Software
1 2 (12.50%) Docker
Systems Management
1 2 (12.50%) Terraform
Vendors
1 2 (12.50%) Bloomberg
2 1 (6.25%) Advent
2 1 (6.25%) CQG
2 1 (6.25%) ION Trading
2 1 (6.25%) Microsoft
2 1 (6.25%) Reuters
2 1 (6.25%) SimCorp