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.