The NASDAQ-one hundred was first calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has actually been of fine reference to investors that need to know how the stock market is undertaking with no economic services corporations, this given that the index excludes economical firms.
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Nasdaq was released once the Securities and Trade Commission (SEC) urged NASD to automate the market for securities not listed on an Trade. The end result was the initial electronic trading procedure. Nasdaq opened for here small business in 1971.