The NASDAQ-one hundred was to start with calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has long been of good reference to traders that need to know how the stock current market is performing devoid of financial companies providers, this given that the index excludes fiscal providers.

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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged here 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.