The NASDAQ-a hundred was initial calculated in January 31 of 1985 by NASDAQ and It is just a modified capitalization-weighted index. This index continues to be of fine reference to buyers that want to know how the stock current market is carrying out with no economic expert services companies, this given that the index excludes fiscal providers.

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Nasdaq was launched once the Securities and Trade Commission (SEC) urged NASD to automate the market for securities not outlined on an Trade. The end result was the primary electronic trading system. Nasdaq opened for business enterprise in 1971.