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 actually been of fine reference to investors that need to know how the stock sector is undertaking without having monetary products and services firms, this given click here that the index excludes money organizations.

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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.