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Liven Up Your Business with IDEX Online Diamond Prices and Index

January 08, 09 by IDEX Online

Geneva, Switzerland – January 7, 2009. IDEX Online SA, a leading provider of trading services and content for the diamond industry, today announced that its Diamond Prices, Diamond Index and Diamond Drivers are now available as a live feed, giving industry participants and stakeholders better access to objective pricing information

 

The prices, which are derived in real time from actual asking prices compiled from thousands of industry participants, are updated on IDEX Online every hour. Now this information can be delivered to inventory programs, cell phones and other business platforms via an XML based web service, allowing users to benefit from IDEX Online's vast database and to make better-informed business decisions, such as trading, pricing and inventory level decisions...

 

  • Diamond Prices: Search and view average asking prices for polished diamonds derived from inventories of the major manufactures/ traders estimated at more than $3 billion. View asking prices, highs and lows, price history, supply and demand trends and trade directly with suppliers and buyers.           

  • Diamond Drivers: View indices and average asking prices for the leading diamond categories.

  • Diamond Index: Dynamically derived from price changes of the diamond drivers, this single composite reflects the global diamond market trend.      

IDEX Online Chairman Ehud Cohen said, "This is the only transparent and objective diamond pricing product available in the market." 

 

About IDEX Online Diamond Prices Index

Derived in real-time from actual asking prices of the global diamond industry, IDEX Online Diamond Prices objectively reflects price trends as they happen. The Diamond Index and Diamond Drivers were formulated following comprehensive research and analysis of the IDEX inventory database, aggregated since February 2001. Research and development were conducted in cooperation with Dr. Avi Wohl, Senior Lecturer of Finance at the Faculty of Management, Tel Aviv University.

 

About IDEX Online

IDEX Online (www.idexonline.com) 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, Guaranteed Diamond Transactions™ 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.

 

For further information contact:

Tamar Katzav

COO IDEX Online

Email: Tamar Katzav

Tel: +972 (0) 3575 7455

 

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