Parsion III was a the third planet in its star system.

In 2373, feldomite was discovered here which led to a complete crash of the Sepian Commodities Exchange; among the many people who lost money due to the feldomite discovery was Quark. (DS9: "Business as Usual")

This planet was only mentioned in dialogue.
According to the script, the pronunciation for Parsion was "PAR-shun". [1]

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