News

Advanced Search

Antwerp Trading Floors to Reopen May 11

May 4, 2020 10:18 AM   By Joshua Freedman
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... Antwerp’s four diamond-trading halls will reopen next week as Belgium gradually relaxes its restrictions on movement and social interaction.

The government permitted diamond companies to restart operations on Monday, though many employees will work from home. The country had been on lockdown since mid-March as the nation attempted to limit the spread of the coronavirus, with Antwerp’s trading halls closing on March 16.

“The Federation of Belgian Diamond Bourses decided to reopen all trading floors as of May 11,” a spokesperson for the Antwerp World Diamond Centre (AWDC) told Rapaport News Monday. “The advice from the Belgian government is still to work from home as much as possible, but from today on, people can come back to work if necessary.”

The country has recorded 7,765 deaths from the pandemic and just under 50,000 cases, according to data from the World Health Organization.

The AWDC and the federation have advised people to observe social-distancing guidelines and remain at home if they have cold- or flu-like symptoms.

Antwerp has four diamond exchanges: the Antwerp Diamond Bourse, the Antwerpsche Diamantkring (for rough trading), the Diamond Club of Antwerp and the Vrije Diamanthandel.

Image: The Antwerp Diamond Bourse trading floor. (Antwerp World Diamond Centre)
Tags: Antwerp, Antwerp Diamond Bourse, Antwerpsche Diamantkring, AWDC, Belgium, Coronavirus, COVID-19, Diamond Club of Antwerp, Federation of Belgian Diamond Bourses, Joshua Freedman, Rapaport News, Trading Floors, trading halls, Vrije Diamanthandel, World Health Organization
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Dec 03, 2020
E-commerce driving sales at start of US holiday season. Black Friday online spending +22% to $9B, Cyber Monday
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.