Goldman Sachs has further expanded its family of London Stock Exchange-listed securitised derivatives, issuing another 70 warrants and the first warrants based on Russian underlyings.

The new warrants debuted on the London Stock Exchange (LSE) last week. Although the LSE's covered warrant segment has yet to attract significant volumes, Mark Valentine, Goldman director responsible for covered warrants, said take-up on the continent for Russian-based warrants has been strong.