The NASDAQ-one hundred was to start with calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has actually been of good reference to investors that need to know how the inventory marketplace is doing without economic expert services companies, this provided that the index excludes money companies.
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Nasdaq was introduced following the Securities and Exchange Fee (SEC) urged NASD to automate the marketplace for securities not stated on an exchange. site The result was the first Digital buying and selling program. Nasdaq opened for enterprise in 1971.