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 continues to be of fine reference to buyers that want to know how the stock sector is carrying out devoid of financial providers corporations, this given that the index excludes economic firms.
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Nasdaq was launched after the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an here exchange. The end result was the 1st electronic trading system. Nasdaq opened for business enterprise in 1971.