A Simple Key For nasdaq Unveiled

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

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Nasdaq was released once the Securities and Trade Fee (SEC) urged NASD to automate the marketplace for securities not mentioned on an Trade. The end result was the first electronic investing system. Nasdaq site opened for company in 1971.

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