New international diamond trading platform to launch

A new international electronic diamond trading exchange is due to launch after an announcement by security and transport firm Brink’s, and Diamdax.

The two companies said the strategic joint venture will “re-write the convention” for professional diamond trading.

In statement, the two firms said: “Combining Brink’s 155 years of expertise in security and global transport with Diamdax’s robust, innovative technology, the exchange will provide traders with a fast, efficient, secure and anonymous method of buying and selling certified, polished diamonds around the world at anytime.”

Amit Zukerman, president of Brink’s global services, said: “By integrating our global footprint, brand strength and service excellence with Diamdax’s unique trading exchange we believe we have created an unmatched market-
leading service which will support the industry’s ability to trade freely and transparently across the globe.”

Diamdax managing partner, Immanuel Van Poppel, added: “Our goal was always to provide the diamond market with the latest in innovative technology and search functionality to enable a faster, safer and more efficient way of trading stones anonymously across the globe.

“We are extremely excited to be partnering with a brand as strong as Brink’s that is trusted globally and recognised for its integrity and strength of heritage. This joint venture will take Diamdax to the next level of growth.”

The exchange will be officially launched at the Hong Kong Jewellery and Gem Fair: 16-22