nasdaq for Dummies

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 market is accomplishing devoid of economic services providers, this provided that site the index excludes financial firms.

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Nasdaq was 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.

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