The Diamond Standard Exchange is an electronic loose diamond exchange, featuring a centralized limit order book for every natural diamond type, and a market maker. The exchange is member owned and applying to be regulated by the Bermuda Monetary Authority. All diamonds used in the Diamond Standard commodities are purchased through the exchange via a transparent bidding process. Only members—diamond industry participants such as sight holders, diamond manufacturers, diamond dealers and traders, and commercial buyers such as jewelry manufacturers and diamond retailers can be members and access the exchange. Accredited investors can be shareholders.