The NASDAQ-100 was initially calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has become of good reference to traders that need to know how the stock market place is performing without having economical providers corporations, this given that the index excludes economic corporations.
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Nasdaq was launched once the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an Trade. The end result here was the primary electronic trading procedure. Nasdaq opened for business enterprise in 1971.