The NASDAQ-100 was 1st calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index is of excellent reference to investors that want to know how the inventory market is doing without the need of economic expert services companies, this provided that the index excludes money providers.
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Nasdaq was launched once the Securities and Trade Commission (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the primary electronic trading system. Nasdaq opened for click here business enterprise in 1971.