The NASDAQ-a hundred was initially calculated in January 31 of 1985 by NASDAQ and This is a modified capitalization-weighted index. This index continues to be of good reference to traders that want to know how the inventory market place is executing with out economical companies businesses, this on condition that the index excludes fiscal businesses.
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Nasdaq was introduced following the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not detailed on an exchange. The result was the initial electronic buying and selling technique. Nasdaq opened for organization in 1971.