News

Advanced Search

Borsa Istanbul, WDM Sign Pact to ‘Institutionalize’ Diamond Trading in Turkey

Jan 20, 2016 8:35 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Turkish exchange Borsa Istanbul signed an agreement with the World Diamond Mark Foundation (WDM) to “institutionalize” diamond trading in Turkey and other markets with which the bourse is connected.

The deal “cements the cooperation” between the diversified Istanbul bourse and the WDM, according to a WDM statement January 18.

"As the gateway for trade between Europe, the Middle East and Asia, Turkey, by means of Borsa Istanbul and a significant number of third parties, will play an important role as a WDM ambassador,” said Alex Popov, chairman of the WDM, which was set up in 2012 by the World Federation of Diamond Bourses to boost consumer demand for diamonds and diamond jewelry.

Separately, the WDM announced January 18 that it will hold a seminar entitled “What consumers expect retailers to know about diamonds” at the VICENZAORO January 2016 fair in Vicenza, Italy, on January 25 from 10 to 11 a.m. The trade show runs from January 22 to 27.
Tags: Borsa Istanbul, bourses, exchanges, istanbul, Rapaport News, Turkey, world diamond mark
Similar Articles
IDWIIsrael Diamond Week Lifts Local Trade
Feb 13, 2020
The International Diamond Week in Israel (IDWI) closed Wednesday with participants noting steady trading among
Podcast bannerPodcast: Why Bridal’s Not Enough
Nov 07, 2019
The Rapaport Diamond Podcast interviewed Stephen Lussier, De Beers’ vice president, consumer and brands, after
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.