CFTC: Traders expand V25 CCA exposure over V24s, tread cautiously into WCA repeal vote

Traders continue to build V25 California Carbon Allowance (CCA) open interest (OI), reducing V24 exposure over the last week, while also trimming Washington Carbon Allowance (WCA) net length ahead of a key programme repeal vote, according to data released Friday from the US Commodity Futures Trading Commission (CFTC).