Diamond Dealers Club

What Diamond Dealers Club does

Diamond Dealers Club, Inc. (DDC) is a private, member-owned diamond trade organization founded in 1931 in New York City and currently headquartered at 50 West 47th Street, the heart of New York's Diamond District. It operates a 17,000 square-foot physical trading floor and the DDC Secure Online Trading Platform, which launched in 2003 as the first fully functional online diamond trading floor operated by an official diamond exchange. The organization serves approximately 2,000 members across diamond dealers, colored stone dealers, jewelry manufacturers, and industry professionals, with membership gated by a minimum of two years of industry experience and Board approval.

DDC's core service stack bundles access to the trading floor, the online platform, a formal arbitration tribunal system (48 arbitrators with decisions upheld by the New York State Supreme Court), a member-only DDC Social Media Group on WhatsApp and Facebook, diamond analysis equipment (scanner, scales, fluorescence detection, Sarin machine), and club facilities including a mailing address, restaurant, and lounge. Members gain automatic affiliation to the World Federation of Diamond Bourses, entitling them to access 29 bourses worldwide. The organization also extends arbitration to non-members via contractual clauses and runs educational webinars and seminars.

DDC monetizes through three recurring annual subscription tiers: Individual Membership at $1,450 per 12 months, Individual with Senior Discount at $1,185 per 12 months, and Corporate Membership at $4,350 per 12 months (covering up to 5 designees). Go-to-market is community-led, with member applications reviewed by the Board of Directors and growth driven by word-of-mouth within the diamond trading community and event-driven engagement (e.g., WFDB Presidents' Meeting, India Diamond Week). The organization is governed by an elected Board, led by President Elliot Krischer, with Adam Small serving as Managing Director and General Counsel and Eli Izhakoff as Honorary President.

Name

Diamond Dealers Club

Legal name

Diamond Dealers Club, Inc.

Website

https://nyddc.com

Company type

Private

Founded year

1931

Operating status

Operating

Headcount range

1–10 employees

Short description

Diamond Dealers Club is a private, member-owned diamond trade organization founded in 1931, operating a 17,000 sq ft trading floor and online trading platform in New York's Diamond District for approximately 2,000 vetted diamond dealers, colored stone dealers, and jewelry professionals.

Ownership category

akta.pro rank

Product category

Wholesale Diamond Exchange & Trade Association

NAICS

Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers (423940)

SIC

Wholesale-Jewelry, Watches, Precious Stones & Metals (5094)

akta.pro primary industry

Diamond & Gemstone B2B Exchanges/Marketplaces (CRAKAJAJ)

akta.pro secondary industry

Polished Diamond Trading & Brokerage (CRAKAJAD)

Keywords

• Diamond exchange services
• Trade association membership
• Wholesale diamond trading
• Industry arbitration services
• Jewelry trade organization

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Membership Dues: Annual membership fees providing access to the trading floor, online trading platform, arbitration services, club facilities, and other member benefits. Three tiers available: Individual, Individual with Senior Discount, and Corporate.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

The Diamond Dealers Club operates a members-only diamond exchange providing a 17,000 square-foot physical trading floor in New York's Diamond District and a secure online trading platform launched in 2003 (the first of its kind among diamond exchanges). Members buy, sell, and trade diamonds and jewelry with other vetted industry professionals, with mandatory arbitration for dispute resolution and automatic affiliation to the World Federation of Diamond Bourses providing access to 29 global bourses.

Product overview

Diamond Dealers Club (DDC) operates as a diamond exchange and membership organization providing a suite of interconnected products and services for the diamond, colored stone, and jewelry industry. The core offerings center on the physical 17,000 square-foot trading floor at 50 West 47th Street in New York and the DDC Secure Online Trading Platform launched in 2003 as the first online diamond trading floor. Supporting services include the DDC Arbitration System for dispute resolution, DDC Social Media Group (WhatsApp) for member communications, and comprehensive office facilities including mailing address, internet, telephone, and diamond identification equipment. DDC also provides educational programs through webinars and seminars. Membership tiers include Corporate (up to 5 designees), Individual, and Senior memberships, with automatic affiliation to the World Federation of Diamond Bourses providing access to 29 bourses worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• DDC Social Media Group: A venue that facilitates DDC members communications with each other, including DDC Buy/Sell WhatsApp Group and related groups.
• DDC Merchants

Products and services

• DDC Trading Floor Physical 17,000 square-foot trading floor at 50 West 47th Street in New York's Diamond District where vetted DDC members buy and sell diamonds and jewelry with other verified members in person.
• DDC Secure Online Trading Platform Online diamond trading platform launched in 2003 — the first official diamond exchange to launch a fully functional online trading floor — enabling members worldwide to buy and sell diamonds digitally.
• DDC Arbitration System Mandatory dispute resolution mechanism for business conflicts between DDC members, with panels of arbitrators and an appeals process whose decisions are upheld by the New York State Supreme Court.
• Individual Membership Standard individual DDC membership for diamond and jewelry industry professionals, priced at USD 1,450 per 12 months, providing access to the trading floor, online platform, arbitration, and club facilities.
• Corporate Membership Corporate DDC membership allowing up to 5 designees per firm, priced at USD 4,350 per 12 months, providing full membership benefits to multiple employees of a single organization.
• Senior Membership Senior membership discount for DDC members who have maintained continuous membership for more than 20 years, priced at USD 1,185 per 12 months.
• DDC Social Media Group DDC-administered communication platform including the DDC Buy/Sell WhatsApp Group and related Facebook groups that facilitate communications and diamond trading discussions among vetted DDC members.
• Non-Member Arbitration Program Program and webinar enabling DDC members to subject non-members to DDC arbitration by including acceptable arbitration clauses in memos, invoices, or letterhead.
• DDC Mobile App Mobile application for iOS and Android enabling DDC members to access membership benefits, events, and resources on the go.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered flagship and core.

• GIA (Gemological Institute of America)flagshipStrategic or Co-development Partner · 10 June 2025Gold Sponsor for the WFDB 2025 Presidents' Meeting. GIA is the leading gemological research and education institution in the diamond industry.
• GET-Diamonds.comcoreStrategic or Co-development Partner · 10 June 2025Gold Sponsor for the WFDB 2025 Presidents' Meeting. A diamond trading platform serving the industry.
• DMCC (Dubai Multi Commodities Centre)coreStrategic or Co-development Partner · 10 June 2025Gold Sponsor for the WFDB 2025 Presidents' Meeting. DMCC is a UAE government authority focused on commodities trade facilitation, including diamonds.
• DIDGC (Dubai International Diamond Centre)coreStrategic or Co-development Partner · 10 June 2025Gold Sponsor for the WFDB 2025 Presidents' Meeting. Dubai-based diamond trading and certification center.
• The Gem and Jewellery Export Promotion Council (India)coreStrategic or Co-development Partner · 10 June 2025Gold Sponsor for the WFDB 2025 Presidents' Meeting. Indian government body promoting gem and jewellery exports.
• Bharat Diamond BoursecoreStrategic or Co-development Partner · 10 June 2025Gold Sponsor for the WFDB 2025 Presidents' Meeting. India's primary diamond exchange located in Mumbai.
• World Federation of Diamond Bourses (WFDB)flagshipStrategic or Co-development Partner · 1 January 1947Founding member organization. DDC was a founder member when WFDB was created in 1947. DDC hosted WFDB biennial congresses in 1964, 1982, and 2004. DDC is bound by the by-laws and resolutions of WFDB.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Bharat Diamond Bourse: The world's largest diamond bourse located in Mumbai, India, and a co-Gold Sponsor of DDC's WFDB 2025 meeting; operates the same membership-based exchange model with affiliated WFDB status for Indian diamond dealers.
• Antwerp World Diamond Centre (AWDC): The recognized umbrella body for the Antwerp diamond sector, a sister WFDB bourse with a member-based exchange model for wholesale diamond trade, certification oversight, and industry representation.
• IDEX Online: An online B2B diamond trading and information platform offering dealer-to-dealer trading listings that competes directly with DDC's online trading floor for digital market share.
• RapNet (Rapaport Group): The world's largest online B2B diamond marketplace serving dealers with listings, price lists, and a trading network — a competing digital exchange channel that threatens traditional physical bourse models including DDC.
• Israel Diamond Exchange (IDE) / Polygon: Israeli diamond exchange operating a similar membership-based bourse model with arbitration, trading hall, and WFDB membership; serves as the primary diamond trading hub outside the U.S.
• Dubai Multi Commodities Centre (DMCC) - Dubai Diamond Exchange: UAE-based commodities free zone and a WFDB-aligned diamond bourse that operates the same membership-exchange model targeting international dealers and has been a Gold Sponsor of DDC's WFDB 2025 event.

Emerging players

• GIA (Gemological Institute of America): Leading gemological research and grading institution that serves as a partner/validator to the diamond trade with grading reports that underpin DDC members' transactions; a Gold Sponsor of DDC's WFDB 2025 event.

Others

• International Kimberley Process: The certification scheme for conflict diamonds in which DDC (and Eli Izhakoff personally) played an instrumental role; an adjacent regulatory/ecosystem initiative that DDC members participate in.

Broad incumbents

• De Beers: The largest rough diamond producer globally and a key upstream participant; De Beers' CEO attended DDC's WFDB 2025 meeting, positioning De Beers as a critically adjacent incumbent whose strategic posture shapes DDC members' livelihoods.

Regional players

• IGDA (International Gem & Diamond Association): An international industry association serving diamond and gemstone professionals; comparable membership organization model but broader scope outside the WFDB bourse system.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/DDCNewYork
• Facebookfacebook.com/pages/Diamond-Dealers-Club/648994125117361?ref=br_tf
• LinkedInlinkedin.com/company/the-diamond-dealers-club-of-new-york

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Dealers Club