What is SPX-500 PIP Move Equivalent to? - What's One Pip Equal to for SPX 500 Stock Index?
As a stock indices trader you can use following specs for SPX-500 to calculate:
- Pips Value of SPX500 - calculate value of Pips in terms of USD
- Spread Size of SPX-500 - calculate value of SPX500 spread in terms of USD
Details for SPX 500 Stock Index:
Average SPX-500 Spread - 0.9
Lowest SPX500 Spread - 0.7
1 Pip - 0.01
Contracts and Details - SPX 500 Stock Index
Margin Requirement Per 1 Lot for SPX-500 is - $12 dollars
Value per 1 Pip for SPX500 is - $ 0.1
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