nasdaq for Dummies

nasdaq for Dummies

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The NASDAQ-one hundred was initial calculated in January 31 of 1985 by NASDAQ and it is a modified capitalization-weighted index. This index has long been of fine reference to investors that need to know how the stock marketplace is accomplishing devoid of economic services providers, this provided that the index excludes financial corporations.

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Nasdaq was launched after here 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 trading program. Nasdaq opened for enterprise in 1971.