The NASDAQ-100 was very first calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index is of excellent reference to investors that want to know how the inventory market is executing without the need of monetary expert services companies, this provided that the index excludes money providers.
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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 end result was the initial electronic investing process. Nasdaq opened for small business in 1971.