The NASDAQ-one hundred was 1st calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index has been of good reference to investors that want to know how the inventory industry is performing without money providers companies, this on condition that the index excludes monetary providers.
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Nasdaq was released once the Securities and Trade Fee (SEC) urged NASD to automate the marketplace for securities not mentioned on an Trade. The end result was the here first Digital investing procedure. Nasdaq opened for business in 1971.