STC Market Update 22nd July 2019

The STC market was quite volatile last week with the spot price trading as high as $37.40 early in the week before peaking and dropping back to $37.00 before finally closing the week at $36.90. A high volume of trades were once again executed especially forward trades for the third quarter compliance period. The end of the second quarter surrender period is 28/07/19. STC creations were around 645,000 for the week which is slightly lower than the last few weeks.

Our latest STC pricing can be found via the following link:

The link to the STC clearing house can be found here: