About nasdaq

The NASDAQ-a hundred was very first calculated in January 31 of 1985 by NASDAQ and It's 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 companies businesses, this on condition that the index excludes economic companies.

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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for securities not detailed on an exchange. The result was the initial electronic buying and selling program. Nasdaq opened for organization in 1971.