The NASDAQ-a hundred was initial calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index continues to be of fine reference to buyers that want to know how the stock sector is carrying out devoid of financial companies providers, this given that the index excludes economic corporations.
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Nasdaq was released once the Securities and Trade Commission (SEC) urged NASD to automate the market for here securities not listed on an Trade. The end result was the initial electronic trading procedure. Nasdaq opened for small business in 1971.