For the first time, the diamond trading platform IDEX Online is making its database of diamond prices available via a dedicated portal. The online market data portal is developed by IDEX and One Creation Corporation.
The database “will be made accessible via a portal to banks, financial institutions, investors, retailers, diamond traders and anyone else who needs a clear and accurate picture of this unique market behavior,” according to the report. IDEX promises that its “ground-breaking partnership with One Creation Corporation, specialists in data monetization,” brings “total transparency to a market that has traditionally been opaque.”
Ehud D Cohen, CEO of IDEX, said: “Never before has such a vast and authoritative collection of data on diamond prices been made available. We are delighted to be able to offer it on a commercial basis and bring complete transparency to the global diamond market.”
