The NASDAQ-a hundred was initial calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index has been of fine reference to buyers that want to know how the stock current market is carrying out with no financial providers corporations, this given that the index excludes economic firms.
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Nasdaq was released following the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not mentioned on an Trade. The result was the very first electronic investing process. Nasdaq opened for organization in 1971.