What is SPX500 1 PIP Point Move Equal to? - What is 1 Pip Equal to for SPX500 Stock Indexes?

As a trader you can use the following specifications for SPX500 Stock Indexes to calculate:

Spreads Value of SPX500 - calculate the value of SPX500 Stock Indexes spreads in terms of USD

Specifications for SPX500 Stock Indexes:

Average SPX500 Spread - 0.9

Lowest SPX500 Spread - 0.7

1 Pip - 0.01

Contracts & Specifications - SPX500 Stock Indexes

Margin Required Per 1 Lot for SPX500 Stock Indexes is - $ 12

Value per Pips for SPX500 Stock Indexes is - $ 0.1