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Press Release: The summer edition of the U.S. & International Diamond Week in Israel recorded the busiest week ever experienced on the trading floor of the Israel Diamond Exchange (IDE) with more than 1,200 traders, buyers and sellers crowding the trading halls. The general consensus among IDE members was that at no time in the bourse's history has the floor held such a huge variety and choice of diamonds, nor had it seen so many traders 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," said IDE's general manager, Moti Besser. "The logistic requirements and arrangements were huge: screening registered buyers, finding 600 hotel rooms, receiving, hosting and getting the visitors into the buildings, the business matching breakfasts, the educational program and the social events and, of course, the complicated but airtight security arrangements," Besser explained.
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, the head of IDE security. "Most of our security team members were not noticed by the visitors, and when visitors did encounter a security official, they were treated with courtesy and given top-quality service."
Besser concluded, "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."
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