How to Calculate S&P ASX 200 Pips Value - S&P ASX 200 Index
ASX 200 index keeps track of top companies in the Australian Stock Exchange Market. The total number of stocks used to calculate this index is the 200 top Australian companies represented in the ASX 200. This index is calculated based on capitalization of included companies and it's reviewed quarterly.
Index Contracts and Specifications - S&P ASX 200 Index
Margin Required Per 1 Lot for S&P ASX 200 is - AUD 70
Value per 1 Pips for S&P ASX 200 is - AUD 0.1
Even though this stock index is calculated based on capitalization, it does not track capitalization; it tracks the change in the stock prices of the various component stocks in this index.