The NASDAQ-100 was first calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index has become of good reference to buyers that need to know how the stock sector is doing without having financial expert services organizations, this given that the index excludes money businesses.
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Nasdaq was click here introduced following the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not shown on an Trade. The end result was the 1st Digital buying and selling process. Nasdaq opened for small business in 1971.