The NASDAQ-100 was initially calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has actually been of good reference to traders that need to know how the stock market place is performing with no economical providers providers, this given that the index excludes fiscal providers.

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Nasdaq was released once the Securities and Trade Commission (SEC) urged NASD to automate the market for securities not listed on an Trade. The end result was the primary electronic trading system. Nasdaq opened for business in 1971.