The NASDAQ-a hundred was 1st calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index has become of good reference to buyers that want to know how the stock current market is doing with out financial expert services organizations, this given that the index excludes fiscal businesses.
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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not outlined on an exchange. The result was the very first electronic trading system. Nasdaq opened website for company in 1971.