What's SP 500 PIP Move Equivalent to? - What's One Pip Equivalent to for SP 500 Index?
As a trader you as a stock indices trader can use following specs for SP 500 to calculate:
- Pips Value of SP 500 - calculate the value of the Pips in terms of USD
- Spread Size of SP 500 - calculate value of SP 500 spread in terms of USD
Details for SP 500 Index:
Average SP 500 Spread - 0.9
Lowest SP 500 Spread - 0.7
1 Pip - 0.01
Contracts & Specifications - SP 500 Index
Margin Requirement for 1 Lot/Contract for SP500 is - $ 12
Value per 1 Pip(Point) for SP500 is - $0.1
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