alt Hacker NewsIt was unlikely to happen anywhere but the Nasdaq-100, because only Nasdaq has the incentive to do it: https://news.ycombinator.com/item?id=48411713
Replies
frikskit • today at 9:53 AM
But… it’s not just nasdaq it’s Russell indices too.
It was unlikely to happen anywhere but the Nasdaq-100, because only Nasdaq has the incentive to do it: https://news.ycombinator.com/item?id=48411713
But… it’s not just nasdaq it’s Russell indices too.
> because only Nasdaq has the incentive to do it
I'm not going to say Nasdaq didn't do this corruptly. But there are plenty of good reasons for the NASDAQ 100, an index marketed as being tech focussed, bending over to include AI issues that don't require nefarious explanations.