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It is a clock issue, as observed by others in this thread.

I would point to http://news.ycombinator.com/item?id=5146571 because its clear from nanex's response that he hasn't fully thought through the clocking issues with using CQS data without observing it directly himself.




Have you looked at the raw data in this particular case? The particular deviation that nanex points to isn't borne out in the exchange raw feeds ...




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