Goldman Sachs unveils derivative product range

Goldman Sachs Europe is launching a range of derivative products giving investors the opportunity to take advantage of movements in the prices of gold and oil. The covered warrants allow investors to place bets on gold and oil prices using a call warrant, or sell them using a put warrant, at a set price within a defined timeframe. The gold and oil range will comprise nine put and call warrants, with a number of varying maturities. Since the launch of the market in covered warrants in October last year, Goldman Sachs has created 128 equity-linked covered warrants that trade on the LSE.