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

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.