Major Diamond and Jewelry Organizations Offer IDEX Trading Network to Members

(IDEX Online News) – Major diamond and jewelry organizations, including the World Federation of Diamond Bourses (WFDB), Jewelers of America (JA), CIBJO (The World Jewellery Confederation), the Diamond Manufacturers & Importers of America (DMIA), the Indian Diamond & Colorstone Association (IDCA), the International Diamond Manufacturers Association (IDMA) and the World Diamond Mark (WDM), have all announced an exclusive offer to their members to join the thousands of international traders already doing business on the IDEX trading platform.

This special offer* includes free access to the IDEX Trading Floor for retailers. Among the benefits are significantly discounted rates to sellers, with no limitations on inventory listings or login keys per subscription. In addition, users have access to the Guaranteed Diamond Transactions™ (GDT™) network – a proprietary and unique online transaction clearing function – as well as free access to IDEX’s objective and transparent price report, which has moved from a weekly to a monthly format to better suit the needs of the market, both wholesale and retail.

The monthly IDEX Price Report reaches more than 76,000 industry players worldwide. Based on statistical algorithm analysis performed on the 700,000 certified diamonds listed on IDEX’s trading platform, the report reflects asking prices for high-quality diamonds in the global professional diamond centers.

“IDEX’s essence for the past 14 years has been transparent online real time prices. It is our business to share this expertise with the market” said IDEX chairman Ehud D. Cohen. “We are always looking for ways to facilitate trade in the industry.

“It is critical that our membership across the globe receives trading advantages, especially at such challenging times, and I am delighted that IDEX is able to provide our members with a special low-cost trading offer,” said WFDB president Ernie Blom.

“Jewelers of America is committed to providing our members with the tools that will help them stay competitive and successful. We are looking forward to a continued partnership with IDEX and the money saving programs they extend to our members,” said JA president & CEO David Bonaparte.

"In the global market of the 21st Century, members of the jewelry trade are well served by tools that enable them to connect to suppliers, customers and inventory, around the world and around the clock," said CIBJO president Gaetano Cavalieri. "We are happy to be able to able to offer all members of our member organizations preferential access to the IDEX Trading Network."

“The DMIA is constantly looking to provide benefits and options for our members; IDEX has provided the membership with a valuable low cost option for their businesses,” added DMIA president Ronnie VanderLinden.