City & Corporate: Capital MS&L sets up Oil Securities
PR Week UK, Friday, 22 July 2005, 12:00am,
Capital MS&L is publicising new instruments that are designed to let investors profit from oil price movements without buying oil or oil futures contracts.
Oil Securities is to launch on the London Stock Exchange on 28 July through two stocks priced off oil contracts traded on different exchanges.
Brent Oil Securities will be priced off the Brent Contract traded on the International Petroleum Exchange, while WTI Oil Securities will be priced off the WTI Contract traded on the New York Mercantile Exchange.
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