New Step by Step Map For nasdaq

New Step by Step Map For nasdaq

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The NASDAQ-a hundred was 1st calculated in January 31 of 1985 by NASDAQ and This is a modified capitalization-weighted index. This index continues to be of excellent reference to traders that want to know how the inventory industry is carrying out without the need of money providers companies, this on condition that the index excludes monetary providers.

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Nasdaq was launched after the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not outlined on an exchange. The end result was the here 1st Digital trading system. Nasdaq opened for business in 1971.