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The NASDAQ-100 was initially calculated in January 31 of 1985 by NASDAQ and It's a modified capitalization-weighted index. This index has long been of good reference to traders that need to know how the stock market place is accomplishing without having money solutions firms, this on condition that the index excludes financial organizations.

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Nasdaq was launched after the Securities and Trade Fee (SEC) urged NASD to automate the market for securities not detailed on an exchange. The end result was the 1st Digital trading system. Nasdaq opened for business in 1971.