What's S&P 500 PIP Move Equivalent to? - What's One Pip Equal to for S&P 500 Index?
As a trader you as a stock indices trader can use following specs for S&P 500 to calculate:
- Pips Value of S&P 500 - calculate value of the Pips in terms of USD
- Spread Size of S&P 500 - calculate value of S&P 500 spread in terms of USD
Details for S&P 500 Index:
Average S&P 500 Spread - 0.9
Lowest S&P 500 Spread - 0.7
1 Pip - 0.01
Contracts & Details - S & P 500 Index
Margin Requirement Per 1 Lot for S & P 500 is - $ 12
Value per One Pip for S & P 500 is - $ 0.1
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