What is SPX 500 Pips Value? - SPX 500 Trading
The Standard & Poor's 500 is a stock index that tracks the capitalization of 500 stocks that represent major industries in the US economy. The list of 500 companies is made up of stocks listed in the NYSE & NASDAQ.
Contracts and Details - SPX 500 Stock Index
Margin Required Per 1 Lot for SPX 500 is - $ 12
Value per Pip for SPX 500 is - $ 0.1
The SPX 500 just like the Dow Jones Industry Average Index is more volatile than most of the other Top Traded Stock Index, The SPX 500 index will over long term trend upwards but it will have more price pull backs & more consolidations than other index. Traders may prefer to trade other stock indices other than this one if they are more used to trading more stellar trends found in other top stock indices.
One of the reason this index has more oscillations than other stock indices is because it has more constituent stocks than other indices. This stock index also has a weighting component in its calculation which contributes to making the index more volatile.
The SPX 500 Trade Chart
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