The NASDAQ-100 was 1st calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index is of excellent reference to investors that want to know how the inventory market is executing devoid of monetary 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 securities not mentioned on an Trade. The result was the initial electronic investing process. Nasdaq opened for organization in 1971.