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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 been of excellent reference to traders that need to know how the inventory industry is performing without the need of fiscal solutions companies, this provided that the index excludes monetary providers.

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Nasdaq was launched after the Securities and Exchange Commission (SEC) urged NASD to automate the market for site securities not outlined on an exchange. The result was the very first electronic trading method. Nasdaq opened for company in 1971.