Who launches world's first diamond futures contracts? – InterviewSolution

InterviewSolution

1.	Who launches world's first diamond futures contracts?
Answer» The Indian Commodity Exchange (ICEX) launched the world's first diamond futures contracts on Monday to provide exporters with a hedging tool. ICEX has launched 1 ct diamond futures contract for delivery in November and followed by contracts with monthly settlements. ICEX will offer HVS2 quality diamond certified by the International Institute of Diamond Grading & Research (IIDGR), a De Beers group company, and vaulting services will be offered by Malca Amit.

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