The NASDAQ-100 was 1st calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has become of excellent reference to investors that want to know how the inventory market is doing without the need of economic expert services companies, this provided that the index excludes fiscal providers.

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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 was here the primary electronic trading system. Nasdaq opened for business enterprise in 1971.