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 excellent reference to traders that want to know how the inventory market place is carrying out without money providers companies, this on condition that the index excludes economic companies.

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Nasdaq was introduced following the Securities and Trade Commission (SEC) urged NASD to automate the marketplace for securities not shown on an Trade. The end result was the 1st Digital trading technique. Nasdaq opened for business enterprise in 1971.