Not known Factual Statements About nasdaq

Not known Factual Statements About nasdaq

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The NASDAQ-one hundred was first calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index has actually been of fine reference to buyers that need to know how the stock sector is undertaking without having financial products and services providers, this provided that the index excludes financial corporations.

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