The NASDAQ-100 was 1st 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 need to know how the inventory industry is undertaking with out money services firms, this on condition that the index excludes monetary firms.
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Nasdaq was introduced following the Securities and Exchange Commission (SEC) urged NASD to automate the marketplace for securities not stated on an Trade. The result was the very first electronic investing process. Nasdaq opened for small business in 1971.