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CEDEX
United Kingdom
Jan 2017 (8 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know CEDEX
Company Information
Get to know CEDEX
CEDEX aims to turn diamonds into a new financial asset class by creating a diamond commodity exchange for trading and investing in diamonds for retail and institutional traders. In this way, CEDEX successfully bridges the gap between existing financial markets and the diamond industry. CEDEX’s pioneering approach allows everyone to easily and securely trade diamonds, without having any prior knowledge of diamonds, or their valuation. Powered by both our proprietary technology (the “DEX”) and blockchain infrastructure, the platform provides investment tools for its users that indicate fair market prices and proposition attractiveness levels. In November 2018, CEDEX has launched a live Beta operative exchange featuring: Proprietary orderbook and multicurrency matching engine; Advanced trading functionalities (automated multiple bid system); Asset tokenization and mobilization ability through centralized wallet system; Diamonds categories featuring different investment and risk profiles; Over 3,000 listed diamond assets with constantly updated inventory; API connectivity to 1,000 diamond suppliers; Direct API connectivity to the GIA and Full verification and custodian process for each diamond. The exchange offers several categories of diamonds to cater to different users’ risk profiles, spanning from volatile to conservative. CEDEX intends to launch advanced and derivative-based products in the near future.The exchange offers several categories of diamonds to cater to different users’ risk profiles, spanning from volatile to conservative.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
- Technology Software Trading Platform
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