What's S&P 500 PIP Move Equivalent to? - What's One Pip Equivalent to for S&P 500 Index?
As a trader you 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:
The Mean Spread Observed for the S&P 500 is 0.9
Lowest S&P 500 Spread - 0.7
1 Pip - 0.01
Contracts & Details - S & P 500 Index
Margin Requirement for 1 Lot/Contract for S & P 500 is - $ 12
Value per One Pip for S & P 500 is - $ 0.1
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