DIAMOND DEALERS CLUB OF AUSTRALIA
The DDCA was founded in 2007 to unite the diamond industry, and to provide a diamond bourse in Australia. The DDCA provides an environment for the trading of diamonds, within a set of trading practices. DDCA has a legal, Ethical framework to enact regulations for members and protect consumer confidence.
The function of the DDCA is as diverse as the members who belong to it. Ethics, good business practice and morality are paramount and these are protected vigorously by the Constitution of the DDCA which provides for Arbitration and Disciplinary procedures against any bourse member who transgresses the DDCA code of practice.
DDCA (Australian diamond bourse) membership to the World Federation of Diamond bourses has opened the Australian Diamond trade to many new possibilities for growth and relationships. As well as cooperation with other bourses and diamond clubs world wide.
Diamond deals are usually finalised with these words which then bind the parties to the transaction.
Diamond dealing is one of the last bastions where your word is your bond. The formation of the Diamond Dealers Club of Australia and its subsequent acceptance to the World Federation of Diamond Bourses, brings this club into the illustrious company of the leading bourses of Antwerp, New York and Tel Aviv to name but a few.
Dealing with a member of our club will provide you with the confidence to know that the individual is a person of integrity. The club with its affiliations world wide is based on setting the highest standards. It is our aim to raise the bar when it comes to diamond dealing in Australia so that both the trade and their customers will have the utmost confidence in their purchases.
The World Federation of Diamond Bourses (WFDB) was founded in 1947 to unite and to provide bourses trading in rough and polished diamonds and precious stones, with a common set of trading practice. The WFDB provides a legal framework and convenes to enact regulations for its 29 member diamond bourses.