[ Diamond Trading Corporation ]
London diamond bourse & club
The London Diamond Bourse and Club
100 Hatton Garden
Hatton Garden
London
EC1N 8NX London
UK England United Kingdom
Tel:+44 ( 0) 20 7405 2625
http://www.londondiamondbourse.com/
not yet finished website...
Managing Director - Roy Herman
Freddy Hager, president of the London Diamond Bourse & Club
The nearest stations are Farringdon Thameslink and Holborn Underground.
Hatton Garden London's Jewellery Quarter and UK Diamond Centre
The area around Hatton Garden, has been the centre of London’s jewellery trade since way back in the mists of medieval time.
History tells us that the old City of London had certain streets, or quarters, dedicated to specific types of business, and the area around Hatton Garden has since developed its international reputation as one of the world’s finest and renowned centre for jewellers and
jewellery.
London developed diamond ties when Portuguese Jews moved there during
the 17th Century. London became a center for the distribution of rough diamonds
because of its connections with India and the new discoveries of rough in
Brazil.
London is also a financial center of global importance; however, London's
importance for the diamond industry is the fact that it is the home of De Beers
and the headquarters of the DTC (the Diamond Trading Company. De Beers,
the world's largest diamond mining company )
The DTC is the part of the De Beers Group responsible for sorting the rough
diamonds (from all over the world) into some 16,000 categories (shape, size,
quality and color); valuation; and, then, marketing and sales of the rough
diamonds to their sightholder clients.
The offices of De Beers at 17 Charterhouse Street, London, are the venue for the
10 sights that are held during the year. Sightholders, both manufacturers (of
polished) and dealers (in rough), meet in London, once every 5 weeks, 10 times a
year, to inspect their diamond allocations. The brokers who represent De Beers
with their sightholder clients have their principle offices in London in close
proximity to Charterhouse Street.
read also: London Diamond
Trading Corporation DeBeers group. THE END OF 350 YEARS OF LONDON’S DISTRIBUTION HEGEMONY
LONDON DIAMOND BOURSE & CLUB MOVES INTO NEW
PREMISES
21 December 2004
The
London Diamond Bourse & Club (LDBC) has officially moved one floor down to
the first floor of No. 100 Hatton Garden.
“The
move-down one floor geographically, but upwards in every other sense-came out of
a mutually beneficial arrangement reached with our landlord. However, it offered
an opportunity that we have taken full advantage of, as we have done all we
possibly could to modernize the premises and, to a certain extent, virtually
‘reinvent’ our organization. The trading-floor facilities are now
splendidly-equipped, offering to all members a comprehensive, comfortable,
high-tech and ultra efficient business environment, which is also secure,”
says Freddy Hager, President of the LDBC.
The
LDBC was reconstituted in its current form in 1994 through the merger of two
Hatton Garden-based diamond exchanges, the London Diamond Bourse and the London
Diamond Club, both of which were formed in the 1940s.
“The
advantages arising from membership are by no means restricted to the enjoyment
of our in-house facilities. Members subscribe to—and are bound by—a rigorous
code of ethics and best-business practice. Additionally, the LDBC acts as a
trade organization active in promoting the interests of all in our industry.
Moreover, we are members of the World Federation of Diamond Bourses, an umbrella
organization, to which all the world’s 25 Bourses (in 17 countries)
subscribe,” continues Hager.
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