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 businesses, this provided that the index excludes money companies.
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Nasdaq was released once the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not stated on an Trade. The result was the initial electronic trading procedure. Nasdaq opened here for small business in 1971.