Diamond Bourses

The Antwerp Diamond Bourse (BeursVoorDiamanthandel)
La BorsaDiamanti in Italia (Diamond Bourse of Italy)

Diamond Bourse of Canada
Diamond Dealers Club South Africa
Dubai Diamond Exchange
Israel Diamond Exchange
Panama Diamond Exchange
Vereniging Beursvoor den Diamanthandel

Bharat Diamond Bourse
The Diamond and Precious Stones Bourse (Germany)
Diamond Dealers Club, New York
Singapore Diamond Investment Exchange
The Diamond Federation of Hong Kong
London Diamond Bourse
Shanghai Diamond Exchange

The Antwerp Diamond Bourse (BeursVoorDiamanthandel)

 

The Antwerp Diamond Bourse ( BeursVoorDiamanthandel) is governed by twelve Board members, elected for a period of 4 years. Half the Board is eligible for re-election every two years, providing members with an opportunity for change if they so wish. The Board is led by a President, vice president, and two executive directors.

The smooth functioning of the diamond market is enabled by a dispute resolution system managed by the Board, according to established by-laws. The by-laws and procedures form part of the broader dispute resolution procedures under the umbrella of the Belgian Federation of Diamond Bourses. In cases of international disputes or differences, the by-laws and Inner Rules of the World Federation of Diamond Bourses apply.

Cases brought to the secretariat are heard every week by two directors acting as mediators. Using their experience as diamantaires and their commercial acumen, the mediators attempt to resolve differences to the satisfaction of both parties. If the mediation attempt is unsuccessful, the parties will be given leave to proceed to arbitration, a fully-fledged legal process. Arbitration takes place under the authority of the Belgian Federation of Diamond Bourses. In both cases, mediation and arbitration, the process managed by diamond professionals, tends to be faster, lower cost and better adjusted to the sector-specific trading traditions, than litigation in the national courts, rendering a valuable service to the diamond market.

The Antwerp Diamond Bourse provides its members with the assistance of a professional secretariat.
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Bharat Diamond Bourse

Bharat Diamond Bourse (BDB) is a service-oriented non-profit making guarantee company registered in 1984 under section 25 of the Companies Act. It was originally formed by the Members of Diamond Exporters Fraternity along with Minerals and Metals Trading Corporation of India (MMTC).

The Bourse Complex is spread over an area of 20 Acres / 0.87 Million sq. ft. land. The total constructed area is 2 million sq. ft. with two basements of an additional 1 million sq. ft. There are 8 Towers of 9 Floors. The Bourse houses 2,500 diamond offices of various sizes.

The Bharat Diamond Bourse is a massive structure, and care has been taken to ensure that each section is an epitome of the best in architecture and interior design. The complex is equipped with all the required facilities like banks, commodity stores, food court, etc. to ensure every comfort for its occupants. Browse through the gallery for a preview of the beautiful BDB premises.
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La BorsaDiamanti in Italia (Diamond Bourse of Italy)

TheDiamond Bourseof Italy is a loose association of merchants, brokers, diamonds and precious stones, goldsmiths and the like. The purpose of the Association is to give its members an office to develop and promote initiatives that may be useful to the shareholders themselves. The Association is not for profit.

TheDiamond Bourseof Italy was founded on December 2, 1926, in Milan, and had his office Inthe historicPiazzaPaoloFerrari10isalwayspresentin the heart of Milan -ViaUgoFoscolo4 -and its local members can operate every weekday.

The Diamond Bourse of Italy is composed of Active Members, who are eligible to vote and who can fill the corporate office and point of SaleQualify. This award is given by theBDItoretail businesses that are distinguished by recognized professional competence but allow there to hold neither voting rights nor access to social positions.
TheDiamond Bourseof Italy is governed and administered by a Board of Directors consisting of online members who are elected by the shareholders. The Council shall adopt, implement and enforce a set of regulations that are considered the rights and obligations of the members of the Association.
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The Diamond and Precious Stones Bourse (Germany)

The Diamond and Precious Stones Bourse Idar-Oberstein (DEIO) was inaugurated in 1974 as the first bourse worldwide combining the trading of diamonds and colored stones. In 1975 the Bourse was admitted unanimously to the World Federation of Diamond Bourses (WFDB) which today is the umbrella organization of 28 bourses spanning the globe.

Without being subjected to lots of formalities the members of DEIO have access to all other member bourses of the World Federation of Diamond Bourses.

The setting-up of the sole German customs office in Idar-Oberstein being authorized by the EU for the customs clearance of rough diamonds was instigated 2004 by DEIO. It is working within the framework of the Kimberley Process (KP) with its intention to end the illegal trading in conflict diamonds. Along with the Idar-Oberstein office currently, there are five more institutions working within the EU.
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Diamond Bourse of Canada

The Diamond Bourse of Canada is a diamond and gemstone trading facility and a not-for-profit industry association that provides a variety of unique industry-specific services.

Through its facility, services, and network, the Diamond Bourse of Canada supports and facilitates the trading of diamonds and gemstones within Canada, and provides the Canadian diamond industry with a distinct center around which efficient and organized secondary diamond-market activities can form.

‘The Bourse’ is an exclusive institution, whose history, traditions and facilities make it unique in Canada.  Members subscribe to – and are bound by – a strict code of ethics and best business practice.

In essence, the Diamond Bourse of Canada is a central commodity exchange facility and a network, which brings buyers and sellers together, and provides them with value-added services that enhance their competitive capabilities.
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Diamond Dealers Club, New York

The year was 1931, and the U.S. economy was mired in the Great Depression. But, despite the unfavorable conditions, a group of intrepid diamond dealers gathered together in an office in lower Manhattan, where at the time New York’s diamond business was centered. By the meeting’s end, a formal decision had been made to incorporate the Diamond Dealers Club.

Two lawyers, Harry Sigman and Al Lubin, together with Philip Horowitz, started the Club with an initial investment of $50. But at that first meeting, 12 members joined the fledgling organization. Lubin drew up the incorporation papers, which declared the Club’s aim to foster the interests of diamond dealers in the City of New York, to reform abuses, to promote enlarged and friendly commerce among members, to cooperate in creating better social and economic conditions for members; to develop higher business standards, and to eliminate unfair trade practices. The mission still rings true today.

By the end of 1931, the DDC had 53 members, and growth throughout the 1930s was steady but modest. Its main role was as an association for smaller firms and individual dealers. Offices were established on Nassau Street in lower Manhattan.

It was after World War II that the diamond industry really took off in New York. In the wake of the devastation in Europe, many diamond dealers immigrated to the United States, thus expanding the DDC's membership rolls. Their influx into America, together with the unprecedented economic boom that took place in the country in the post-war period, shifted the balance of the diamond trade from Western Europe to New York. Indeed, immigration has long been a decisive factor in the growth of the U.S. diamond sector, and the DDC both then and today traditionally has served as a melting pot for a diverse group of nationalities and cultures.

With the dramatic rise in membership, larger premises were required and the DDC moved uptown to 47th Street. It was the driving force that resulted in the establishment of New York’s iconic Diamond District, which became the hub for the diamond and jewelry business in the city as well as the rest of the United States. This included the entire channel of the business ranging from the import of rough diamonds to the production of polished diamonds; from the manufacturing of fine jewelry to its distribution to both retailers and consumers.

Over the years the Diamond Dealers Club has changed dramatically to keep pace with expanding foreign markets and rapid technological advancements. It organized selling trips for members to Asia, installed highly sophisticated communications and security systems, and provided a vast array of services necessary for members of the industry to participate and compete in the contemporary world market.
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Diamond Dealers Club South Africa

The Diamond Dealers was formed in 1947 and up until 1995 was the representative body for the polished dealers in South Africa. They became members of the World Federation of Diamond Bourses in 1950.

During 1994/1995 a group of polished dealers felt that there was a need for a second organization to also represent their interests and a new organization was established in 1995 called The Diamond Merchants Association.

In 1998 they became members of the World Federation of Diamond Bourses. Two organizations existed side by side for many years until 2003 when it was felt that one unified organization was the best way forward in terms of representation, unity and administrative good governance.

During March 2003 the two bodies amalgamated to create one organization and renamed it the Diamond Dealers Club of South Africa. This body obtained automatic status as a member of the World Federation of Diamond Bourses and has been active on the various Committees since then.
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Singapore Diamond Investment Exchange

Singapore Diamond Investment Exchange (SDIX) is a private diamond exchange dedicated to financial investors and headquartered in Singapore. Established by a team of professional investors and industry specialists, SDIX offers a unique opportunity to invest in diamonds at wholesale prices as an alternative investment asset class for mid to long-term periods.

We are currently in the midst of updating our website. You can view our online brochure below of if you have any inquiries, please contact us via email: info@sdix.sg
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Dubai Diamond Exchange


Dubai Diamond Exchange is the region’s only diamond and precious stones trading platform, home to some of the world’s most renowned jewelry manufacturers, retailers and traders.

In line with its mandate to enhance commodity trade flows through the Emirate, the DMCC launched the DDE in 2005 to further promote Dubai as a modern, responsible trading environment with world-class infrastructure and logistics.

DMCC is fully committed to adding value to the diamond trade and its members, through its specialized facilities, regulatory framework, industry events, and networking platforms.

Dubai’s trade statistics are a testament to the significant role we have played within the industry. Prior to the establishment of DMCC, Dubai’s diamond trade was worth just US$ 5 million. Today, due to the foresight of the UAE’s visionary leaders and the efforts made by DMCC and DDE, Dubai is now among the top three diamond trading centers in the world, with over US$ 39 billion trading through DDE in 2011.
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The Diamond Federation of Hong Kong

The Diamond Federation of Hong Kong, China (DFHK) is a non-profit organization aims to protect the integrity of diamond and consumer interest by standardizing business practice. It is a joined force of two long-established associations in Hong Kong, namely the Diamond Importers Association (1959) and the Hong Kong Diamond Bourse (1985).

Since January 2000, DFHK has undertaken its missions in maintaining Hong Kong’s reputation as the diamond center in Asia and in promoting quality services and consumer rights. Consequently, the Integrity Pledge Scheme was launched to ensure an ethical and professional image of our members. Under the self-regulatory schemes for the diamond industry, members would mark on the sales invoice a true description of the diamond sold over 0.5 carats. Consumers, therefore, can shop with confidence and enjoyment.
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Israel Diamond Exchange

The Israel Diamond Exchange Ltd. is a private company uniting approximately 3100 members and companies engaged in all aspects of the diamond business: import and export of rough and polished diamonds, manufacturing, brokerage and so forth. The Diamond Exchange creates for its members a business environment that allows them to manage their affairs in maximum comfort and security.

The Diamond Exchange activities are conducted within the concept of "everything under one roof" which gives members access to everything they need within the complex, from professional and business services to social services and equipment so that among the services that can be found in the buildings of the Diamond Exchange are: shipping and insurance companies, banks, a post office, a customs office, a synagogue, a place for Torah study (Beit Midrash), restaurants, shops, a gym, a doctor's office and much more.

The Israel Diamond Exchange is the largest Diamond Exchange in the world and operates two large commercial halls (one for polished and one for rough diamonds), equipped with advanced and sophisticated technology, computer systems, internet, and diamond weighing services.

In the technological section, located in the Rough Diamond Hall, members and companies of the Diamond Exchange have access, free of charge, to the most advanced technological services required for marketing diamonds, including state-of-the-art gemological equipment.

The Diamond Exchange sets and implements rules of trade and conduct for the diamond industry and also regulations for membership approval and dismissal. In the event of conduct violations and breaches of accepted commercial norms, the Diamond Exchange has its own arbitration and penalization institution and assists its members in settling business disputes via arbitration or mediation.

The Diamond Exchange draws its authority from the provisions of the Articles of Association. The Diamond Exchange institutions comprise President, Directorate and Control Committee – elected by direct, secret and democratic elections; a professionally trained staff headed by the Managing Director; directorate committees; a panel of arbitrators and a disciplinary committee. In addition to its work on an internal level, the Diamond Exchange represents its members at various institutions in Israel – government ministries, Bank of Israel, commercial banks, chambers of commerce, tax authorities, etc.

The Diamond Exchange also represents its members before international organizations. The Diamond Exchange is a member of the World Federation of Diamond Bourses (WFDB), the World Diamond Council (WDC) which represents the diamond industry in the "Kimberley Process" Forum and the World Jewelry Confederation (CIBJO). The Israel Diamond Exchange plays a leading role in these international organizations.

The Diamond Exchange takes an active role in the business and professional development of the diamond branch in Israel and abroad, whether as an independent entity or in cooperation with the Israel Diamond Manufacturers' Association and the Israel Diamond Institute. In this framework, the Diamond Exchange is a partner to marketing and promoting the branch, finding new sources of supply for rough diamonds, fostering relationships with existing sources and participating in relevant legislative processes in Israel and abroad.

The Diamond Exchange complex covering approximately 80,000 square meters, houses more than a thousand private offices and extensive public areas. They are managed by a subsidiary company with a separate legal entity – the Israel Diamond Exchange Enterprises (1965) Ltd.
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London Diamond Bourse

The London Diamond Bourse first opened its doors in 1940. The necessity for London to open a trading floor came about mainly as a result of the occupation of Belgium in May 1940 by the Nazis. At the time Antwerp was the main diamond trading hub of the World and had for most of its long history been the home of several active trade organizations. Amongst the refugees who managed to reach this country were a number of diamond merchants. In some cases, they were able to bring their own stock with them. The fables go that the refugees managed to get their stock out by sewing the diamonds into the lining of their garments in order to smuggle their stock across the borders.

With changes worldwide within the Diamond Industry and various problems facing the UK Jewellery Trade during the 1980s, the diamond community found its numbers contracting. Many of the younger members had long felt that any valid reasons for the maintenance of two separate diamond trading organizations in London had fallen by the wayside. Pragmatism now lent force to their point of view. Negotiations with the London Diamond Club were accordingly undertaken, which were to lead to the formation of the new united “London Diamond Bourse and Club”.

This merger has been a very happy union for many years and continues to be so. However, at our recent AGM, it was decided to revert back to our original name of the London Diamond Bourse for many reasons including marketing and general logistics for business.

Today our membership is increasing. No longer are we such a xenophobic community. With the boom of social media in recent years, we have embraced this as a positive step towards assisting other facets of our industry. We are attracting members from all sides of the industry. No longer are members purely diamond traders, now we have members who are manufacturers, wholesalers, and retailers to mention but a few. And as we go forward we aim to increase our presence as the foremost diamond trading floor in Europe perhaps even in the World.
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Panama Diamond Exchange

The Panama Diamond Exchange is the first and only diamond bourse in all of Latin America. It was established in Panama City with the express purpose of developing into a trading headquarters for the diamond, gemstone and jewelry sectors of Latin America and the Caribbean. In particular, its founders sought to fill a vacuum in the rapidly expanding regional market, which until then had sourced almost all of its supply outside of Central and South America.

PDE has been created to serve as a trading platform and bi-directional gateway, where suppliers and buyers from North America, Europe, Asia, and the Middle East could access the fast-growing markets of Latin America, worth in excess of $8 billion, and where members of the industry and trade in Latin America could meet and do business in an easy to reach, and secure and stable environment, where the common languages are Spanish, Portuguese and English.

The location of PDE is critical, at the southern tip of Central America. Within less than five hours’ flying time from any major Latin American city, members of the regional trade can now tap directly into the international diamond, gemstone and jewelry pipeline, as they would in New York, Antwerp, Tel Aviv, Mumbai, Hong Kong, and Dubai.

PDE was accepted as the first and only Latin American member of the World Federation of Diamond Bourses (WFDB), at the World Diamond Congress in Shanghai, China. With WFDB membership, it obtained international recognition and joined the global network comprised of 29 diamond bourses operating in 21 countries, whose members handle the vast majority of diamonds traded in the world today.

To create the legal and financial environment required for a world-class diamond, gemstone and jewelry center, PDE worked closely with consecutive Panamanian governments and the country’s parliament, which have strongly supported the project. As a result, Panama was accepted as a member of the Kimberley Process, the international system that defends against the infiltration of conflict diamonds into the legitimate chain of distribution and of which membership is a prerequisite for participation in the international diamond trade.

The Government of Panama also introduced legislation, which was then ratified by the parliament, according to which the area of PDE will operate as a free zone with special tax and custom status, similar to the one of the Colon Free Zone of the Panama Canal.  This puts PDE on a par with the other international diamond and jewelry trading centers.

At the beginning of 2014 construction began in Panama City of the Panama Gem & Jewelry Center. It will be the largest dedicated diamond, gemstone, and jewelry trading complex in all of Latin America. Featuring a secure and state of the art high-rise building, it will be home of PDE and include company offices and showrooms, gem labs, banks and other service providers. PDE will move to the new facility at the end of the first phase of construction, scheduled for completion before the end of 2014.
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Shanghai Diamond Exchange

Shanghai Diamond Exchange, China's only diamond trading center is based in the Jinmao Plaza which is a landmark tower in Shanghai's Pudong District. The exchange, founded in October 2000, is the only venue in China authorized by the State Council to handle diamond imports and exports and to conduct trade.

As a member of the World Federation of Diamond Bourses (WFDB), the exchange has seen its membership grown from 40 companies to 215 now, including 148 overseas investors from Belgium, Israel, India, South Africa and the United States.
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VerenigingBeursvoor den Diamanthandel

The Association Dutch Diamond Exchange, the oldest diamond exchange of the world is representing the diamond trade in the Netherlands, with information for both consumers as well as the members of the association.

The association also co-initiated the establishment of the World Federation of  Diamondbourses, the WFDB or WorldFed, the global organization of all diamond bourses in the world.

As early as 1907 the diamond-trade felt it necessary to unite in the IFDB, the International Federation of Diamond Bourses. The end of Worldwar II saw important changes in the international diamond-trade with the subsequent shifting of diamond-centers, resulting in the establishment of the World Federation in 1947.

The World Federation now has active member-bourses in 28 countries with over 15.000 separate members.  WorldFed upholds integrity, tradition, and accountability in the world of diamonds since 1947...!
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