How Do I Calculate S&P 500 Pips Value - S&P 500 Index
The Standard and Poor's 500 index tracks the market capitalization of 500 stocks, representing key sectors of the US economy, compiled from companies listed on the NYSE and NASDAQ.
Index Contracts and Specifications - S&P 500 Index
Margin Required Per 1 Contract for S&P 500 is - $ 12
Value per 1 Pip(Point)s for S&P 500 is - $ 0.1
The S&P 500 just like the Dow Jones Industry Average Index is more volatile than many of the other Top Index, The S&P 500 index will over long term trend upwards but it will have more price pull backs & more consolidations than other index. Traders might & may prefer to trade other indexes other than this one if they're more used to the more stellar & robust trends found in the other top indices.
One reason this stock index moves up and down more than others is that it includes more stocks than other indices do. This index also uses a weighting factor in its calculation, which makes the index change more quickly.

The S & P 500 Trade Chart
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