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  / /  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.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.