What is FRA 40 1 PIP Point Move Equal to? - What is 1 Pip Equal to for FRA 40 Index?

As a trader you can use following specifications for the FRA 40 to calculate:

• 1 Pips Value of FRA 40 - calculate value of 1 Pips in terms of US Dollars

• Spreads Value of FRA 40 - calculate the value of FRA 40 spreads in terms of US Dollars

Specifications for the FRA 40 Index:

Average FRA 40 Spread - 2.3

Lowest FRA 40 Spread - 1.8

1 Pip - 0.01

Contracts and Specifications - FRA 40 Index

Margin Requirement Per 1 Lot for FRA 40 is - € 40

Value per 1 Pips for FRA 40 is - € 0.1