Emitters in the WCI-linked cap-and-trade programme increased their California Carbon Allowance (CCA) short position as prices retraced this week, while financial entities saw varied results between the futures-only and futures and options markets, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
Compliance entities chop CCA holdings, speculators see mixed results
Emitters in the WCI-linked cap-and-trade programme increased their California Carbon Allowance (CCA) short position as prices retraced this week, while financial entities saw varied results between the futures-only and futures and options markets, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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