nasdaq for Dummies

nasdaq for Dummies

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The NASDAQ-100 was first calculated in January 31 of 1985 by NASDAQ and It's really a modified capitalization-weighted index. This index has become of fine reference to buyers that need to know how the stock market is undertaking with no monetary services corporations, this given that the index excludes economical firms.

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