What is UsTec100 1 PIP Point Move Equal to? - What is 1 Pip Equal to for UsTec100 Stock Indices?

As a trader you can use following specifications for UsTec100 Stock Indices to calculate:

Spread Value of UsTec100 - calculate the value of UsTec100 Stock Index spreads in terms of US Dollars

Specifications for UsTec100 Stock Indices:

Average UsTec100 Spread - 2.4

Lowest UsTec100 Spread - 2

1 Pip - 0.01

Contracts & Specs - UsTec100 Indices

Margin Requirement Per 1 Lot for UsTec100 Indices is - $ 30

Value per Pips for UsTec100 Indices is - $ 0.1