The NASDAQ-one hundred was to start with calculated in January 31 of 1985 by NASDAQ and This is a modified capitalization-weighted index. This index has long been of excellent reference to investors that want to know how the inventory sector is undertaking without having money providers providers, this given that the index excludes fiscal providers.
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Nasdaq was released once the Securities and site Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the 1st Digital buying and selling method. Nasdaq opened for company in 1971.