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 want to know how the inventory market is doing without the need of monetary expert services companies, this provided that the index excludes money companies.
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Nasdaq was released following the Securities and Exchange Commission (SEC) urged NASD to automate the marketplace for securities not mentioned on an Trade. The result was the very first electronic investing process. Nasdaq opened for organization here in 1971.