NASDAQ, based in New York, was founded in 1971. Its acronym, National Association of Securities Dealers Automated Quotations, refers to its special nature, as it was the first stock market in the world to be managed entirely through a computer network.
When trading was still conducted in a chaotic environment, the exchange provided a telematic intermediation service between investors, facilitating the meeting of supply and demand and making exchanges accessible through market makers, who took orders from traders who no longer had to physically visit the stock exchange. It later became the first stock exchange to offer an online trading service.
The NASDAQ 100 comprises an index of the largest non-financial companies listed on the NASDAQ Composite Index. Most represent companies in the technology, computer, electronics and telecommunications industries.
It can be said that this is the best index for active trading among the most accessible ones, offering a first selection of companies listed in the US indices. And as the data show, the limited number of companies that make up the index does not present any disadvantages, even if you want to remain invested for the long term.