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Over Q3, 29.2 million STCs were traded through 3274 transactions, with an average transaction size of 8,919 STCs (see
Figure 3.8). Less than one percent of the STCs traded in the quarter were traded through the clearing house,
consistent with previous quarters.
The STC spot price remained relatively steady over Q3, moving between $38.50 and $39.30 before closing the quarter at
$38.75 (see Figure 3.9).
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