Financial entities make first significant CCA holdings cut as pandemic fears grow -data

Published 20:58 on March 20, 2020  /  Last updated at 20:58 on March 20, 2020  /  Americas, Canada, US  /  No Comments

Speculators trimmed their California Carbon Allowance (CCA) holdings by nearly 10 million allowances earlier this week amid growing concerns about a coronavirus pandemic reducing compliance demand under the WCI-linked carbon market, according to US Commodity Futures Trading Commission (CFTC) data.

Speculators trimmed their California Carbon Allowance (CCA) holdings by nearly 10 million allowances earlier this week amid growing concerns about a coronavirus pandemic reducing compliance demand under the WCI-linked carbon market, according to US Commodity Futures Trading Commission (CFTC) data.

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