Electronic trading major IG Group Holdings plc (LON:IGG)is warning traders of likely significant moves in end-year FX swap rates. Traders are advised to be aware that due to year end market factors IG is seeing significant moves in the funding rates for most FX pairs. This has been observed across the market, although some pairs are looking to be worse affected than others (most notably if you are shorting US dollars). These factors include financial institutions balancing their books before the end of the year, putting a strain on certain currencies. Funding rates for FX pairs can be extremely volatile, resulting in ... (full story)