IDEX Online Launches Guaranteed Diamond Transactions™
June 01, 08
IDEX Online Launches Guaranteed Diamond Transactions™
First-ever polished diamond spot market guaranteeing merchandise
availability to buyers and immediate cash payment to sellers
Las Vegas, Nevada –
Guaranteed Diamond Transactions™ is a fully automated online trading service for loose certified polished diamonds that guarantees the availability of diamonds to buyers and immediate cash payment to sellers. Featuring a low, fixed transaction fee of $25, Guaranteed Diamond Transactions™ provides an immediate, cost-effective trading environment.
The world's first and only polished diamond spot market, Guaranteed Diamond Transactions™ enables diamond traders to submit their bids and buy orders with a simple click of the mouse.
IDEX Online, in cooperation with HSBC Bank, has built a secured payment system to ensure fund transfers. Leading gemological laboratories authenticate the diamonds against their grading certificates before they are delivered to buyers
"Based on conversations with industry players, we recognized a demand for online trading among diamond manufacturers, diamond traders and jewelry store owners. Guaranteed Diamond Transactions™ meets that need head on," said Abraham Stern, CEO of IDEX Online.
"Guaranteed Diamond Transactions™ is a natural extension of IDEX Online's world-leading polished diamond inventory, and underscores our commitment to provide innovative, high-quality services at the best price."
IDEX Online is exhibiting at JCK Las Vegas 2008 at Booth #L47 at the Sands Expo & Convention Center and the Venetian Resort Hotel Casino until June 3.
About IDEX Online
IDEX Online is a leading provider of trading services and content for the diamond industry. Anchored by the world's largest online diamond inventory, valued at over $3 billion with more than 3,000 buyer requests at a given time, IDEX Online's offering includes objective wholesale pricing information, market trends, and up-to-date industry news and analysis. Founded in 2000 by experienced industry professionals, IDEX Online maintains offices in all major diamond centers worldwide, ensuring a secure, unbiased and user-friendly environment to meet the needs of thousands of traders anytime, anywhere.