Financial derivatives are widely recommended by financial advisors and brokers to hedge the investment position of their clients. But due to the heterogeneity existed between retail investor groups they are not in a position to offer more customized service to their clients. The present study is developed on the basis of a survey conducted among 200 experts working in various broking firms. The opinions, so collected from experts were evaluated using different statistical measures in order to select some suitable strategies. Statistical tools like MANOVA, Chi-square, paired sample 't' test, etc. were used to analyze the viability of the expert recommendations. Based on this empirical analysis some strategies were identified for derivative trading and a theoretical model was formulated for dealing with diversified group of retail investors.

中文翻译：

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客户驱动的交易策略：金融衍生品市场背景下的实用建模。

金融衍生品被金融顾问和经纪人广泛推荐用于对冲客户的投资头寸。但由于散户投资者群体之间存在异质性，他们无法为客户提供更个性化的服务。本研究是在对 200 名在不同经纪公司工作的专家进行的调查的基础上制定的。从专家那里收集的意见使用不同的统计方法进行评估，以选择一些合适的策略。MANOVA、卡方、配对样本“t”检验等统计工具用于分析专家建议的可行性。在此实证分析的基础上，确定了衍生品交易的一些策略，并建立了处理散户投资者多元化群体的理论模型。