Americas > Emitters ramp up V23 CCA and RGA holdings, financials accumulate V24s as spread trades dominate

Emitters ramp up V23 CCA and RGA holdings, financials accumulate V24s as spread trades dominate

Published 23:21 on October 13, 2023  /  Last updated at 23:21 on October 13, 2023  / Bijeta Lamichhane /  Americas, Canada, US

Compliance players took on significant V23 California Carbon Allowance (CCA) and RGGI Allowance (RGA) length and parted with V24 units this week, while speculators did the opposite as traders rolled positions further out on the curve en masse, US Commodity Futures Trading Commission (CFTC) data showed Friday.
Compliance players took on significant V23 California Carbon Allowance (CCA) and RGGI Allowance (RGA) length and parted with V24 units this week, while speculators did the opposite as traders rolled positions further out on the curve en masse, US Commodity Futures Trading Commission (CFTC) data showed Friday.


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