The NASDAQ-a hundred was 1st calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has been of excellent reference to traders that want to know how the inventory industry is performing without the need of fiscal providers companies, this provided that the index excludes monetary providers.
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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not detailed on an exchange. The result was the initial electronic buying and selling program. Nasdaq opened for organization in 1971.