The NASDAQ-a hundred was initially calculated in January 31 of 1985 by NASDAQ and This is a modified capitalization-weighted index. This index is of good reference to buyers that want to know how the inventory current market is executing with out economical companies businesses, this on condition that the index excludes fiscal businesses.
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Nasdaq site was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not outlined on an exchange. The result was the very first electronic trading program. Nasdaq opened for organization in 1971.