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Israel Bourse Trading Floor to Reopen May 24

May 17, 2020 9:34 AM   By Rapaport News
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RAPAPORT... The trading floor at the Israel Diamond Exchange (IDE) will resume “regular activities” next week, bourse president Yoram Dvash announced in a Facebook post Sunday.

From May 24, the hall will function under a new format to ensure it is safe and compliant with government rules, Dvash said, without providing details. The bourse’s management approved the move unanimously.

The trading floor closed on March 15 because of the coronavirus threat. The IDE, located in the city of Ramat Gan, recommenced some key services on May 3 as the government gradually lifted restrictions on business activities.

The exchange is one of the first to resume normal operations following lockdowns around the world. Antwerp’s trading halls reopened on May 11.

Image: The Israel Diamond Exchange trading floor during International Diamond Week in Israel, February 2018. (Three Photographers)
Tags: Antwerp, Coronavirus, COVID-19, IDE, Israel, Israel Diamond Exchange, Ramat Gan, Rapaport News, Yoram Dvash
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