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 is of excellent reference to investors that want to know how the inventory market is executing without the need of monetary expert services companies, this provided that the index excludes money providers.
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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. click here Nasdaq opened for business enterprise in 1971.