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 market is accomplishing with no monetary services corporations, this provided that the index excludes economical firms.
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Nasdaq was introduced following the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not shown on an exchange. The result was the primary Digital buying and selling technique. Nasdaq opened for organization in 1971.