DIAMOND TRADING (ICEX)
Indian Commodity Exchange Limited (ICEX) is SEBI regulated online derivative exchange, it’s headquartered is in Mumbai. ICEX stared its operations in the year 2017.
Some of the major shareholders are MMTC Ltd, Indian Potash, KRIBHCO, IDFC Bank Ltd, Punjab National bank, Reliance Exchangenext Ltd, Indiabulls Housing Finance Ltd and Gujarat Agro Industries.
The exchange launched its world’s first ever Diamond Derivative Contracts. ICEX aims to provide future trading products in India. ICEX is the world’s first organised, transparent and regulated derivatives market for diamonds that facilitates hedging, price discovery and investment in precious stone.
The exchange provides nationwide trading platform for traders through appointed brokers.
The exchange provides a leverage and is placed at a huge potential of commodities market. It also encourages participation of users to get benefitted in the hedging opportunities, risk management & supply chain management in the commodities markets.
ICEX is the first exchange in India to launch global hi-tech platform which ensures automatic & seamless switch-over from its data center. This technology platform has been highly optimized with processing techniques, which enables the system to handle very large orders with latencies under 300 microseconds.
OPEN YOUR DIAMOND TRADING ACCOUNT
Trading of diamond is as simple as trading of other commodities like Gold, Silver, Crudeoil, etc. The only difference in the trading process of this commodity is the exchange., at present the trading of diamond have to be through ICEX only.
This product is designed to attract smallest players in the value chain and has kept the trading and delivery size as low as 1 cent, with ex-Surat as its delivery centre
START your diamond trading with a minimum margin of just Rs.200.