The NASDAQ-a hundred was 1st calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has been of excellent reference to traders that want to know how the inventory marketplace is performing without the need of fiscal solutions providers, this provided that the index excludes this site financial corporations.
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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not listed on an exchange. The result was the very first electronic trading system. Nasdaq opened for company in 1971.