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 industry is performing without the need of fiscal solutions providers, this provided that the index excludes monetary providers.
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Nasdaq was released once the Securities and Trade Fee (SEC) urged NASD to automate the marketplace for securities not mentioned on an Trade. The end result was the main Digital investing process. Nasdaq opened for business enterprise in 1971.