The NASDAQ-a hundred was to start with calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index has long been of good reference to buyers that want to know how the stock current market is performing without monetary services organizations, this provided that the index excludes money corporations.
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Nasdaq was launched following the Securities and Trade Commission (SEC) urged NASD to automate the market for securities not mentioned on an exchange. The result was the primary Digital trading technique. Nasdaq opened for business enterprise in 1971.