The Israel Diamond Exchange’s massive trading floor which had been closed for two months due to coronavirus outbreak opened to normal activity on 24th May 2020.
The trading floor will operate under a new format. The new format has been mandated by the government for safety practices in the workplace. The huge trading floor has been bifurcated into two zones including polished trading zone and rough trading zone. Traders, sitting on the floor have been reduced considerably. Transparent glass partitions have been installed at each table. Traders are directed to follow the mandatory guidelines enforced by the government including a two-meter distance, daily signing of health declaration, and use of masks.
Due to the coronavirus crisis the trading floor was closed on March 15. The return of the trading floor to normal daily activity began on May 3rd as the government eased restrictions on business activities.
“We are very excited to reopen our trading floor, which is the heart and soul of the Israel Diamond Exchange. This marks a very significant return to “normality “and symbolizes that the diamond industry is back in business. Still we are very strictly enforcing government guidelines, since protecting the health and safety of our members is above all” as quoted as said by the Managing Director of the Israel Diamond Exchange(IDE), Eran Zini.