The NASDAQ-100 was initially calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has become of excellent reference to investors that need to know how the inventory marketplace is doing without economic expert services companies, this provided that the index excludes click here money providers.
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Nasdaq was launched once the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the primary electronic trading system. Nasdaq opened for business enterprise in 1971.