The NASDAQ-100 was to start with calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index is of good reference to buyers that want to know how the stock current market is executing with out economical expert services organizations, this on condition that the index excludes fiscal businesses.
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Nasdaq was launched after here 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.