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 buyers that want to know how the inventory sector is executing devoid of monetary companies providers, this given that the index excludes economic corporations.
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Nasdaq was released after the Securities and Trade Fee (SEC) urged website NASD to automate the marketplace for securities not listed on an exchange. The result was the first electronic trading system. Nasdaq opened for company in 1971.