The NASDAQ-a hundred was first calculated in January 31 of 1985 by NASDAQ and This is a modified capitalization-weighted index. This index has been of fine reference to buyers that need to know how the stock current market is performing with no economical providers corporations, this on condition that the index excludes monetary firms.
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Nasdaq was launched once the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the 1st electronic trading system. Nasdaq opened for site business enterprise in 1971.