The NASDAQ-100 was 1st calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index is of excellent reference to investors that want to know how the inventory marketplace is doing without economic expert services companies, this provided that the index excludes money companies.
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Nasdaq was released 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 technique. Nasdaq opened for organization in 1971.