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