How Do I Calculate S&PASX200 Pips Value - S&P ASX200 Index
The ASX200 index monitors the leading companies on the Australian Stock Exchange. It consists of the shares of the top 200 companies represented in the ASX200. The calculation of this stock index is based on the market capitalization of the companies included and is reassessed on a quarterly basis.
Index Contracts and Specifications - S&PASX200 Index
Margin Required Per 1 Lot for S&P ASX200 is - AUD 70
Value per 1 Pip(Point)s for S&P ASX200 is - AUD 0.1
Even though this index is calculated based on the capitalization, it does not track capitalization: it monitors change in the stock prices of the various component stocks in this index.
ASX200 Chart
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