The NASDAQ-one hundred was initial calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has long been of fine reference to investors that need to know how the stock marketplace is accomplishing devoid of economic solutions providers, this provided that the index excludes financial corporations.
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Nasdaq was launched after the Securities and Exchange website Commission (SEC) urged NASD to automate the market for securities not outlined on an exchange. The result was the very first Digital investing procedure. Nasdaq opened for business in 1971.