How to Calculate NASDAQ 100 Pips Value - NASDAQ 100 Index
NASDAQ 100 is an index that includes 100 of the biggest companies shown in NASDAQ stock exchange market that are not in financial sector. The calculation of this index is based on weighted factor of market capitalization of the displayed 100 securities. The 100 companies shown on this stock index are reevaluated quarterly.
Index Contracts & Specifications - NASDAQ 100 Index
Margin Requirement Per 1 Lot for NASDAQ 100 is - $ 30
Value per 1 Pips for NASDAQ 100 is - $ 0.1
The 100 companies used to calculate this stock index are not necessarily based in USA: foreign international companies are also included as long as they are displayed in NASDAQ Stock Exchange.