Diamond Exchange of Singapore

Name

Diamond Exchange of Singapore

Legal name

Diamond Exchange of Singapore

Website

https://diamondexchangeofsingapore.org

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Trade Association Services

NAICS

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (42394), Securities and Commodity Exchanges (523210), Wholesale Trade Agents and Brokers (4251)

SIC

Services-Membership Organizations (8600), Wholesale-Jewelry, Watches, Precious Stones & Metals (5094), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Diamond & Gemstone B2B Exchanges/Marketplaces (CRAKAJAJ)

akta.pro secondary industries

Diamond/Gemstone Auction Houses & Tender Platforms (CRAKAJAI), Polished Diamond Trading & Brokerage (CRAKAJAD)

Keywords

• Diamond trade association
• Jewellery industry membership
• Trade dispute mediation
• Industry networking events
• Precious stones bourse

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Individual Membership Fees: Annual membership fees from individual trading members who are diamantaires, wholesalers, dealers, polishers, manufacturers, retailers, brokers, designers, and gemologists. Individual members have full trading and voting rights.
2. Corporate Membership Fees: Annual membership fees from corporate members engaged in supportive services such as logistics, banking, insurance, and exhibitions. Corporate members have participation rights but no trading or voting rights.
3. Event Organization and Exhibitions: Organizing trade exhibitions, jewellery design competitions, and events both locally and internationally. The DES Pavilion at SIJE showcases member companies. Events feature talks by prominent industry experts and foster trade exchange.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

The Diamond Exchange of Singapore (DES) is a non-profit trade society that represents, moderates, and promotes Singapore's diamond, gemstone, and jewellery industry. It sells Individual and Corporate Membership programs to vetted trade professionals and supportive service providers, organizes flagship international events including the biennial World Diamond Congress and an annual Jewellery Design Competition, and provides peer mediation, regulatory advocacy, and trade networking services. Members gain access to a vetted community of roughly 50 trading members and to the WFDB network of 24 diamond exchanges in 20 countries.

Product overview

The Diamond Exchange of Singapore is a non-profit trade association (not a technology product) that provides membership services for the diamond and jewellery industry in Singapore. Its core offerings include Individual and Corporate Membership programs, trade dispute mediation, and networking facilitation. The organization also runs signature events including the biennial World Diamond Congress and annual jewellery design competitions. Members gain access to vetted trade professionals, certification support, regulatory representation, and participation in local and international trade missions.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Membership Full trading membership of the Diamond Exchange of Singapore for individuals aged 21+ engaged in the diamond, gemstone, pearl, and precious metal jewellery trade as wholesalers, dealers, polishers, manufacturers, retailers, brokers, designers, or gemologists. Requires proposer and seconder support from existing members and grants full trading and voting rights within the association.
• Corporate Membership Membership of the Diamond Exchange of Singapore for registered or incorporated bodies providing supportive or ancillary services to the diamond trade, including logistics, banking, insurance, and exhibitions. Entitles participation in DES activities and meetings but excludes trading and voting rights.
• Trade Dispute Mediation Services Confidential and impartial peer mediation service for resolving trade disputes among Diamond Exchange of Singapore members, preserving professional relationships while settling issues efficiently under WFDB ethical and trading rules.
• Trade Networking Services Connectivity service for members and trade visitors providing warm introductions, regional market insights, and access to the WFDB network spanning 20 countries, including vetted diamond dealers, gemstone traders, jewellers, designers, and service providers.
• DES Jewellery Design Competition International jewellery design competition organised by the Diamond Exchange of Singapore, inviting students, emerging designers, and professional jewellery designers worldwide to submit original contemporary jewellery designs, with selected finalists exhibited at the Singapore International Jewellery Expo.
• World Diamond Congress Flagship global industry congress jointly organised by the Diamond Exchange of Singapore with the World Federation of Diamond Bourses and the International Diamond Manufacturers Association, convening government officials, senior industry leaders, manufacturers, and jewellery organisations for strategic dialogue on market trends, consumer marketing, trade regulations, ethical sourcing, financing, and emerging technologies.

Quantifiable outcome

• Near-50 vetted individual trading members operating under ethical standards
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and major.

• International Diamond Manufacturers Association (IDMA)coreStrategic or Co-development Partner · 1 July 2026Co-organizing the 41st World Diamond Congress with WFDB and IDMA in July 2026. IDMA represents the global diamond manufacturing industry. This partnership positions Singapore as a key venue for decisions shaping the industry's future.
• Singapore International Jewellery Expo (SIJE)majorStrategic or Co-development Partner · 1 July 2026The 41st World Diamond Congress will be strategically co-located with SIJE at Sands Expo & Convention Centre. This creates a powerful platform combining high-level industry dialogue with direct access to jewellery, gemstones, timepieces, and global collectors. DES operates a pavilion at SIJE showcasing member companies.
• World Federation of Diamond Bourses (WFDB)coreStrategic or Co-development Partner · 1 January 1980DES has been an affiliate member of WFDB since 1980, the first diamond exchange in Asia to achieve this distinction. WFDB is an international umbrella body comprising 24 diamond exchanges in 20 countries. This membership provides DES members access to global trade networks, ensures compliance with international ethical and trading rules, and enables participation in world congresses and summits.
• Enterprise SingaporemajorStrategic or Co-development PartnerCollaborates with Enterprise Singapore (formerly Trade Development Board) to organize overseas joint trade missions. Through governmental reach and assistance, DES members travel as a delegation to explore new markets in Asia, which would otherwise be difficult for individual businesses.
• Ministry of Law (MinLaw)majorOthersDES supports member interests through effective communication with MinLaw, Singapore's regulatory body for Precious Stones and Precious Metals dealers. The Ministry provides information on Singapore's latest regulations.
• Singapore CustomsmajorOthersDES provides members access to Singapore Customs regulatory information on imports and exports. Singapore's open trade policies, no import duties on loose stones and precious metals, and robust GST refund scheme are key trade advantages.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• World Federation of Diamond Bourses (WFDB): Global umbrella body of 24 diamond bourses in 20 countries of which DES is an affiliate member. WFDB sets universal trading and ethical rules and convenes the biennial World Diamond Congress, making it the closest structural peer in the diamond exchange ecosystem.

Regional players

• Hong Kong Diamond Bourse: WFDB-affiliated Asian diamond bourse operating in Hong Kong. Comparable as a regional Asian peer serving international dealers, though operating under a different regulatory and political environment than Singapore.
• Shanghai Diamond Exchange: China's official diamond exchange, focused on rough diamond imports and polished diamond trading for the Chinese market. Comparable as an Asia-Pacific diamond exchange but oriented primarily to mainland China's domestic flow rather than Southeast Asia.
• Gem and Jewelry Trade Association of Thailand (GJTAT): Thai trade body for the gems and jewelry industry, including diamond trading members in Bangkok. Comparable as a Southeast Asian trade association promoting Thai diamond and gemstone trade, serving a similar but geographically distinct member base.

Direct peers

• Antwerp World Diamond Centre (AWDC): Industry body representing the Antwerp diamond cluster, historically the world's leading rough and polished diamond hub. Comparable as a diamond trade association offering representation, certification, and member services for diamantaires and dealers.
• Bharat Diamond Bourse: The world's largest diamond bourse, located in Mumbai, serving thousands of Indian diamantaires. Directly comparable as a WFDB-affiliated diamond exchange providing trading floor, dispute resolution, and ethical standards enforcement for the diamond trade.
• Israel Diamond Exchange (Ramat Gan): One of the world's two largest diamond exchanges, located in Ramat Gan, Israel. A WFDB affiliate offering trading floor, member services, and ethical standards enforcement for global polished diamond dealers, directly comparable to DES.
• DMCC (Dubai Multi Commodities Centre) - Dubai Diamond Exchange: UAE-based free zone and diamond exchange that has emerged as a major polished diamond trading hub between India, Africa, and the West. Directly comparable as a WFDB-aligned diamond exchange serving international dealers, manufacturers, and retailers.

Others

• Responsible Jewellery Council (RJC): International standards-setting and certification body for the jewellery supply chain, covering ethical sourcing, human rights, and environmental standards. Comparable as a related industry body that influences ethical standards DES members must comply with under WFDB rules.

Emerging players

• Singapore International Jewellery Expo (SIJE): Singapore's largest jewellery trade show, co-located with WDC 2026 and host of the DES Pavilion. Comparable as a complementary event platform within Singapore's diamond and jewellery ecosystem that DES works alongside rather than competes with directly.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/diamondexchangesingapore

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Diamond Exchange of Singapore