The NASDAQ-100 was 1st 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 sector is executing without the need of monetary companies providers, this given that the index excludes fiscal corporations.
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Nasdaq was launched once the Securities and Trade Commission (SEC) urged NASD to automate the market for securities not outlined on an Trade. The end result was the primary electronic trading procedure. Nasdaq opened for business enterprise in 1971.