Who We Are
The DES started as a non-profit trade society in 1976 and today comprises close to 50 individual trading members. We have been an affiliate member of the World Federation of Diamond Bourses (WFDB) since 1980, with the distinction of being the first diamond exchange in Asia to be granted membership in this international umbrella body comprising of more than 24 diamond exchanges (bourses) in 20 countries.
DES members conduct their business in accordance with the universal ethical and trading rules of the WFDB. Local and international jewellery buyers can deal with confidence with our members at the trade and consumer level, and benefit from their expertise and wide range of products.
Our Legacy
The Diamond Exchange of Singapore (DES), Asia’s first diamond exchange, was formed and registered in 1976 as the Diamond Importers’ Association of Singapore (DIAS). The founding members consisted of a group of dedicated Singapore diamantaires who recognised the need for an organisation to represent, moderate and promote their trade.
1976-1979
Formed as the Diamond Importers Association of Singapore (DIAS).
Organised first jewellery design competition and trade show, Jeweltime the first event of its kind in Asia.
1980
Accepted as a full member of the World Federation of Diamond Bourses (WFDB).
1984
Re-branded as the Diamond Exchange of Singapore (DES) and developed new rules and by-laws.
1988
Hosted the WFDB 24th World Diamond Congress. A general body gathering attended by 600 delegates from 16 countries
1997
Hosted the WFDB and IDMA Presidents’ Meeting – a bi-annual event
2002
Celebrated DES’ 25th anniversary
2014
Hosted the WFDB Asia-Pacific Presidents Summit, an annual gathering of Asia-Pacific bourse presidents
2025
Granted the opportunity to host WFDB & IDMA World Diamond Congress in July 2026 in Singapore.