SDiX Launches World’s First Diamond Exchange

[kreslik.news]

The Singapore Diamond Investment Exchange (SDiX) has announced the launch of the world’s first commodity exchange for physically settled diamonds, aiming to standardise global trading in diamonds as an asset class.

The move represents the most significant change in global diamond trading practices for centuries. Diamonds have until now been largely traded manually and bilaterally in marketplace-style bourses but as an antiquated trading system, buyers have no transparency on the trading process or access to pricing information and have therefore not been able to properly engage in the market.

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