The NASDAQ-a hundred was first calculated in January 31 of 1985 by NASDAQ and This is a modified capitalization-weighted index. This index has long been of good reference to traders that need to know how the stock market place is performing with no economical solutions firms, this on condition that the index excludes monetary firms.
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Nasdaq was introduced following the Securities and Exchange Fee (SEC) urged NASD to automate the marketplace for securities not shown on an exchange. The result was the first Digital buying and selling program. Nasdaq opened for this site company in 1971.