Investors who fear that high diamond prices may not be forever will soon have help at hand.
Bankers and diamond experts are to launch two initiatives in the coming days to create the world’s first derivatives contracts linked to diamond prices.
By Gillian Tett in London and Michael Bleby in Johannesburg
Published: June 21 2007 19:01 | Last updated: June 21 2007 19:01
Investors who fear that high diamond prices may not be forever will soon have help at hand.
Bankers and diamond experts are to launch two initiatives in the coming days to create the world’s first derivatives contracts linked to diamond prices.