The NASDAQ-a hundred was initial calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index continues to be of fine reference to investors that want to know how the inventory marketplace is doing with out fiscal services organizations, this on condition website that the index excludes monetary firms.

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Nasdaq was introduced after the Securities and Exchange Fee (SEC) urged NASD to automate the marketplace for securities not stated on an Trade. The result was the initial electronic investing procedure. Nasdaq opened for small business in 1971.