How Do I Calculate S&PASX200 Pips Value - S&P ASX200 Index
ASX200 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 companies represented in ASX 200. This index is calculated based on the capitalization of included firms & it's reviewed quarterly.
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 tracks change in the stock prices of the various component stocks in this index.
ASX200 Chart
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