The retailer failed to file its annual report on time and said it may issue a going concern warning.
Major Organizations Offering IDEX Access
Free access to the IDEX Trading Floor as well as to the monthly IDEX diamond price reports are now available to the members of a number of key jewelry industry organizations.
Geneva--A number of major diamond and jewelry organizations around the globe are extending a special benefit to their members who join the IDEX diamond trading platform between now and March 31.
The benefits include a free subscription to the IDEX Online Trading Floor and a free monthly diamond price report from IDEX. The report used to be issued weekly but recently was changed to monthly to better suit the needs of both the wholesale and retail market, IDEX said.
With the free access to the IDEX trading floor, retailers will receive significantly discounted rates, with no limitations on inventory listing or login keys per subscription. Users also will have access to the Guaranteed Diamond Transactions network, an online transaction clearing function, as well to the price report.
Organizations offering these exclusive IDEX benefits to its members include the World Federation of Diamond Bourses, Jewelers of America, CIBJO The World Jewellery Confederation, the Diamond Manufacturers & Importers of America, the Indian Diamond & Colorstone Association and World Diamond Mark.
“In the global market of the 21st century, members of the jewelry trade are well-served by tools that enable them to connect to suppliers, customers and inventory, around the world and around the clock,” said CIBJO President Gaetano Cavalieri. “We are happy to be able to offer all members of our member organizations preferential access to the IDEX trading network.”
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