US & International Diamond Week is busiest week at IDE

The summer edition of the US & International Diamond Week in Israel concluded as being busiest week ever experienced on the trading floor of the Israel Diamond Exchange (IDE). There were over 1,200 traders, buyers and sellers.

IDE members collectively noted that this was one time in the bourse's history that the floor held such a huge variety and choice of diamonds, and number of traders - which surpassed the 1,200 mark - on the bourse floor. Sales reports were generally positive, with traders dealing in larger stones doing significant business.

"From an organizational point of view, this was a major effort," IDE General Manager Moti Besser noted.

Marketing itself as the most secure, but also the most user-friendly diamond exchange in the world, the IDE has a huge reputation to uphold. "We literally had hundreds of additional security officers on call during the US & International Diamond Week," said Israel Vantsovski. head of IDE security.

"During the past year, our trade has experienced some daring, well publicized robberies of diamonds and jewelry. Of course, at the IDE, with thousands of people in attendance, and some $2 billion worth of goods out in the open in the IDE trading hall, we had nothing to worry about," Besser concluded.