Speculators’ CCA position craters after liquidation while compliance holdings rise, data shows

Published 20:40 on March 27, 2020  /  Last updated at 21:00 on March 27, 2020  /  Americas, Canada, US  /  No Comments

Speculators slashed their California Carbon Allowance (CCA) holdings for the second consecutive week as several firms were forced to liquidate positions amid fears of a global recession and spreading coronavirus pandemic, according to US Commodity Futures Trading Commission (CFTC) data.

Speculators slashed their California Carbon Allowance (CCA) holdings for the second consecutive week as several firms were forced to liquidate positions amid fears of a global recession and spreading coronavirus pandemic, according to US Commodity Futures Trading Commission (CFTC) data.

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