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  About INDEX®
Sat, Jul 4, 2009
04:48 New York


About INDEX

Diamonds.net » Join Rapaport » About INDEX

What is INDEX - Internet Diamond Exchange? INDEX - Internet Diamond Exchange is a full service international diamond exchange specializing in fine quality laboratory graded diamonds. It provides international clearing house, quality control, foreign exchange, shipping and credit services. INDEX guarantees payment to sellers and delivery of diamonds to buyers. INDEX buyers and sellers do not deal directly with each other, they deal with professional INDEX traders who take responsibility for all transactions. When you deal with INDEX you are not dealing with someone you do not know. You are dealing with honest experts whom you can trust to fairly represent your interests. You are dealing with an organization that is fully backed and supported by the Rapaport Group of Companies.

INDEX is much more than an internet network that introduces buyers and sellers with lists of diamonds or buyer requests. INDEX is an exchange that proactively supports its members by providing all the services necessary to complete transactions. INDEX provides the people behind the computers who are dedicated to the success of your transaction. INDEX does not just provide a platform for business, we make business happen.

What are the benefits of INDEX?
  • Real-time 24/7 internet access to global diamond markets.
  • The best diamonds at the best prices from all suppliers everywhere.
  • Guaranteed payment to sellers and delivery of diamonds to buyers.
  • You deal with your own dedicated professional diamond trader.
  • Clearing house, quality control, foreign exchange, shipping and credit services.
  • Buyers and Sellers are not identified - you trade anonymously.
  • Transparent pricing with a straight 3% clearing house fee added to seller’s asking price.
  • All transactions are done in full compliance with best practice principles, Kimberley Process and Patriot Act regulations.
  • Real time patented PriceGridsm technology provides the best diamond price and availability information.
  • Customized search engines that let you select exactly the type of stones you wish to buy.
  • Diamond Listing Service allows sellers to control who may download their sell listings data and allows approved buyers to
    efficiently download diamonds to their websites.

Who should use INDEX?
INDEX is suitable and strongly advised for all buyers and sellers of better quality laboratory graded diamonds. Access to INDEX is currently available to qualified members of the diamond trade. All INDEX clients are assigned a professional diamond trader who can immediately begin handling transactions for them. If you would like to trade on INDEX please contact the INDEX trading department at 1212-763-4000, or E-mail Index@Diamonds.Net.

How does INDEX® work?
Sellers post electronic listings of diamonds for sale by downloading files to INDEX. Files with sell listings can be uploaded at any time in a variety of ways, including Email. INDEX internet search engines allow buyers to easily specify what they are looking for and obtain selected listings of diamonds that can be sorted by best prices. Buyers can also post specific buy requests. Subject to approval by suppliers approved INDEX firms can download listing of diamonds for sale and these listings can be posted on the buyer’s website for sale to their clients.

How is INDEX different from RapNet?
INDEX - Internet Diamond Exchange is a full service exchange that guarantees payment to suppliers and delivery to buyers. Buyers and sellers are not identified to each other. INDEX adds a standard 3% clearing house fee to seller’s asking price. RapNet is a trading network where members deal direct with each other and pay annual membership fees. RapNet transactions are not guaranteed by the network.

Learn more about RapNet Diamond Trading Network

INDEX charges no membership fees. Diamonds offered for sale on the exchange include a small clearing house fee which is added onto the listed asking price.

 

Incorporating U.S. Diamond ®

INDEX® - Internet Diamond Exchange is the diamond market of the future with true global sourcing and real time trading and pricing.

Full Service Global Diamond Exchange

INDEX® guarantees payment to sellers and delivery of diamonds to buyers.
Members deal direct with the exchange with identity of buyers and sellers not disclosed.

Global Trading Services

Clearing House Services
Quality control, foreign exchange and shipping

Free for qualified members

INDEX® charges a small clearing house fee that is added to the seller's asking price.





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