Fair enough. I guess by now we should both agree on one thing. That at minimum calling someone a moron and full of sh1t for using proper industry terminology shows lack of character and proper training on the subject matter.
You've got incredibly thin skin for a pr1ck.
I didn't read any of those links at first but now that i have, i realise only 1 (vendor, interactive data) confirms what you are saying as for the other 3:
"DTCC Launches Repositories For Two OTC Derivatives Classes"
Its asset classes are
3. Interest Rates
Hence it is talking about 5 sets of derivatives on those asset classes.
, links to derivatives on interest rate, credit, equity, FX, energy, commodity, developing and structured products.
Commodities and energy derivatives
There is no standalone derivatives business, they sit with the underlying business (the asset) the derivative is a contract, a type of contingent claim on those assets.
Options are a not good for a day trading strategy, so he is better off trading futures or forex.
Yes exactly. But what i was trying to say (instead i went off on a rant which was misinterpreted as being about terminology) was that if the OP is comfortable trading the range of a single stock and he's got used to it, then switching to an FX pair might take him a bit of getting used to.
I do wish the OP well, sorry if i sounded like an a$$hole, i just instinctively feel that more leverage will be a bad thing with a very low capital base.