The NASDAQ-100 was 1st 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 companies providers, this given that the index excludes economic corporations.
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Nasdaq was launched once the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on click here an Trade. The end result was the 1st electronic trading system. Nasdaq opened for business enterprise in 1971.