The NASDAQ-100 was initially calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index is of good reference to buyers that want to know how the inventory current market is executing with out economical companies businesses, this on condition that the index excludes fiscal companies.
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Nasdaq was here launched following the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not detailed on an exchange. The result was the initial electronic buying and selling procedure. Nasdaq opened for business in 1971.