Massachusetts REC futures start trading on CCFE
The trade, completed on January 27, was for 80 Massachusetts vintage 2009 REC contracts (representing 8,000 MA Class 1 RECs).
In addition to the REC-MA contract, CCFE also lists standardised futures contracts requiring delivery of Connecticut (REC-CT) and New Jersey (REC-NJ) Class 1 RECs, and voluntary Green-e Energy National Standard eligible RECs (REC-V).
Current open interest across all RECs traded on CCFE is at a record high of 2,890 contracts.
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