How Do I Calculate S&P ASX 200 Pips Value - S&P ASX 200 Index
ASX 200 index keeps track of top corporations in the Australian Stock Exchange. The total number of stocks used to calculate this index is the 200 top Australian firms represented in ASX 200. This index is calculated based on capitalization of included firms & 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 index is calculated based on capitalization, it doesn't track capitalization; it tracks change in the stock prices of the various component stocks in this index.
