The NASDAQ-one hundred was to start with calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has long been of good reference to traders that need to know how the stock current market is carrying out devoid of financial companies providers, this given that the index excludes fiscal providers.
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Nasdaq was introduced following the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not shown on an Trade. The result was the primary Digital buying and selling technique. Nasdaq opened for organization in 1971.