The NASDAQ-a hundred was initial calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index has been of fine reference to buyers that want to know how the stock current market is performing with no economical solutions firms, this on condition that the index excludes monetary firms.
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Nasdaq was launched after the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the 1st Digital trading system. Nasdaq opened for business in 1971.