SDiX – Singapore Diamond Investment Exchange Trader Marketplace?

SDiX – Smart Solutions for Global Diamond Trade

The Singapore Diamond Investment Exchange or SDiX is the first commodity exchange in the world where customers can participate in diamond trading with physically settled diamonds. A marketplace for investors and traders that is completely independent of the global diamond industry, SDiX brings to the table the latest commodity exchange technology, allowing for better transparency in price discovery, and the ability for investors and traders to treat diamonds as a commodity.

The USP of this platform is their unique trading technology implemented in their central matching engine, which can carry out a large number of orders and transaction in a span of seconds. For investors and traders interested in this kind of platform, it can provide a wealth of helpful, interesting features that can make diamond trading easier than it has ever been before.

SDiX Special Features

The most innovative feature of SDiX as a platform is its groundbreaking central matching engine, which uses data from existing global stocks and conforms to common regulations and best practices of the commodity market. SDiX provides a comprehensive solution that includes a flexible, scalable ecosystem consisting of brokers, suppliers, diamond grading laboratories and actual physical vault storage of diamonds with the help of one of the leading wealth management logistics companies of the world.

Different Products to Choose From

SDiX supports two different product types, allowing traders to choose either single stones or stone baskets. The diamonds are all GIA lab graded, and buyers have the options of examining the relevant certificates through the company website. For their stone basket product, the platform provides stones of identical cut and clarity, and the transactions can be negotiated electrically, providing fuss-free trading for customers.

Excellent Trade Matching

The main system handling all the work behind the scenes at SDiX is their revolutionary trade matching system, providing the option of automatic continuous matching, as well as negotiated matching for single stones. The true price discovery system takes into account a large number of market factors that can influence pricing, and cuts down processing time considerably. The website provides an informative video demonstration of their trading platform along with clearly laid-out trading rules, while also listing trading hours for different cities of the world.

SDiX Membership Options

With a clear set of rules and criteria, SDiX offers many different membership opportunities for brokers and suppliers. Registration can either be carried out as an approved supplier with the ability to consign stones for selling and also the opportunity to carry out proprietary trading, or a broker member with the ability to create networks and interfaces between investors and clients. The membership requirements are laid out lucidly, and the application process involves filling out just a few relevant details in a contact form.

Vaulting Facilities

SDiX maintains a dedicated depository service that can hold diamonds for member entities, with support for inventory records and integrated features that can provide support to participants in the trading process. The proposed network of vaulting facilities has already taken off with two facilities in South Asia, and is expected to grow over the years and cover a larger part of the globe. SDiX implements a smart, simple and intuitive process flow between storage facilities, grading labs and the trading platform with clever use of automation and latest technologies.

Overall, SDiX definitely has the potential to allow business entities to use diamonds as a commodity in the trading market, and with the implementation of the relevant technologies, can go on to change the way businesses approach trading. For traders, investors and suppliers that deal with this precious stone, this can be great news.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,511FansLike
2,795FollowersFollow
4,273FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today