STARTED five years ago, it tracks polished diamond prices globally, and appears on Bloomberg and Reuters trading screens. It is the first index to use actual transactions as opposed to �asking� or �best� prices, and is based on unique production models.

PolishedPrices said that this agreement was an important step towards creating financial products in diamonds. ABN AMRO has expertise in derivative trading and a strong presence in global financial markets. The two institutions will be targeting investors as well as with diamond companies seeking instruments for hedging production and trading.