The NASDAQ-a hundred was first calculated in January 31 of 1985 by NASDAQ and This is a modified capitalization-weighted index. This index has long been of good reference to traders that need to know how the stock market place is accomplishing without having money services organizations, this on condition that the index excludes financial organizations.
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Nasdaq was launched after the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not detailed on click here an exchange. The end result was the 1st Digital buying and selling method. Nasdaq opened for business in 1971.