Trade Stock Indices

What's SP 500 PIP Move Equivalent to? - What's One Pip Equal 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 Per 1 Lot for SP500 is - $ 12

Value per 1 Pip(Point) for SP500 is - $0.1

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