Determining the Pip Value Equivalent for an SPX-500 Movement - What One Pip Means for the SPX500 Index
As a stock indices trader you can use following specs for SPX-500 to calculate:
- Pips Value of SPX500 - calculate value of the Pips in terms of USD
- Spread Size of SPX-500 - calculate value of SPX500 spread in terms of USD
Details for SPX500 Index:
Average SPX-500 Spread - 0.9
Lowest SPX500 Spread - 0.7
1 Pip - 0.01
Contracts and Details - SPX500 Index
Margin Requirement Per 1 Lot/Contract for SPX-500 is - $12 dollars
Value per 1 Pip(Point) for SPX500 is - $ 0.1
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