The NASDAQ-one hundred was first calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index has actually been of fine reference to investors that need to know how the stock market is accomplishing devoid of economic solutions providers, this provided that the index excludes financial corporations.
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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not outlined on an exchange. The result was the very first electronic trading method. Nasdaq opened for enterprise in 1971.