ASX 200 Cash ContractI'm using Commsec but noticed the same for...

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    ASX 200 Cash Contract

    I'm using Commsec but noticed the same for IG. At 4.00 pm yesterday it dipped to 4460. Is this due to dividend adjustment as NAB and WBC go exdiv? Why was the adjustment so big. Further what is the underlying asset this contract is supposed to mirror? My understanding is it follows the SPI futures outside trading hours and will match the index during the day.
 
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