Diamond Exchange

Diamond Exchange – Diamonds adorn our necks, illuminate our fingers and paint our wrists. However, it has come a long way before entering our bodies: from mining in the motherland, which has been developed for thousands of years, to large diamond mines, worldwide diamond exchanges, diamond dealers, and then to jewelry. manufacturers and retailers. With a unique and innovative idea, the company decided to offer individuals direct access to the Diamond Exchange.

If you want to buy polished diamonds, there are several options. You can go to a jeweler to select your diamond and have it mounted, or you can now go directly to the source of the polished diamond supply chain through: The Global Diamond Exchange. In this way, a large selection of certified diamonds based on ethical sources is available to individuals who can also benefit from the source price without the profits of various middlemen. The online platform gives you direct access to diamonds and their inventory from the world’s largest diamond exchange before onwards to retail jewelers…

Diamond Exchange

However, let’s start by clarifying the Diamond Exchange, how it works, and what it does.

Diamond Exchange Capital C Amsterdam / Architectural Studio Zja

Only a few large mines in Africa, Russia and Australia contribute to the world’s total diamond mining and extraction. Most of the mined stones, about 90%, are used as industrial diamonds, mainly as abrasives for drilling, cutting, grinding and polishing materials in various industries such as petroleum, automotive or weapons. The remaining 10% of the world’s finest gemstones are supplied to markets around the globe.

From the mines where diamonds were extracted from the ground, the Diamond Exchange represented the first step in the commercialization of diamonds and the starting point of this incredible industry. The Diamond Exchange brings together a wide selection of diamonds from diamond dealers around the world who must meet extremely stringent selection criteria in order to be admitted.

Of the 29 diamond exchanges worldwide, only four major exchanges account for a significant portion of the polished diamond trade: Antwerp, New York, Tel Aviv and Mumbai. Other cities, such as Dubai and Hong Kong, are also becoming more popular. All exchanges are united in the World Federation of Diamond Bourses, whose mission is to establish frameworks and rules and protect the interests of its members. He is also responsible for promoting diamonds internationally.

The Diamond Exchange is for selected professional diamond dealers and is governed by very strict trading and operating rules. Not only does it have its own rules, but it also has its own court system to resolve any disputes between member diamonds. In this way, the Diamond Exchange appears to be a place of choice, a guarantee of trust, security, expertise and high standards, a place of meeting and exchange between diamantaires, brokers and producers, where there is no room for individuals . The selection criteria for diamond dealers entering the Diamond Exchange are extremely strict.

Diamond Dealers At The Trading Floor Of The Israel Diamond Exchange (ide) In The City Of Ramat Gan, Israel Stock Photo

Among the large buildings and highly protected complexes in the city centers, trade flourished according to the rules of art and strict adherence to tradition. Operations are performed only verbally and confirmed with a handshake… If we reveal in detail the mythical secrets of these magical places, we will learn about the daily life of the thousands of specialists gathered around the lively trade. All exchanges look pretty much the same whether you’re in India, Belgium, Israel, the US or anywhere else in the world. If you wander through the famous business district of Bandera, home to the Bharat Diamond Bourse, or through the heavily fortified diamond district of Antwerp, the magnificent complex of Ramat Gan or the Diamond Dealers Club in New York, you will see A diamond exchange is not an abstraction as one might think, but a place where many specialists work and trade. This is where the offices of each member of Diamantaire are located, as well as the trading floor, administrative offices, security services, repair services, restaurants and safe deposit boxes. These closed and strictly controlled areas are reserved for a privileged audience: diamond producers and wholesalers, brokers and some setters. They discussed, negotiated and exchanged prices, had a drink and shook hands a few times. The informal but regulated aspect of negotiations makes them a special institution.

As you can imagine, such a high level of security requires impeccable organization and monitoring. Badges are required for every entry and exit. Visiting guests are strictly controlled.

While access to the diamond bourse is still the prerogative of the privileged diamond trader, it is for good reason. Rigorous selection process and strict screening criteria are the guarantee of quality and trust. To become a member, one must go through a defined training program and meet all stated requirements. Firstly, only diamond workers with extensive experience in the diamond industry (whether independently or for an employer) are eligible for this prestigious award. Applicants must have a clean criminal record and undergo a thorough background check by providing extensive documentation and undergo a series of interviews culminating in a polygraph test. The new candidate must be recommended by several experienced diamantaires, provide a financial guarantor willing to commit to him and, if necessary, pay his debts. He/she must also be a personal guarantor for all their assets. It is easy to understand that after successfully completing these various steps, one can boast of being a member of the Diamond Exchange. 3D ModelingAmethystAnniversary RingsBest Places for Diamond JewelryLarge DiamondStone Blood Pigeon BraceletWedding EarringsWedding JewelryBudget Budget MistakesCall Care TipsDiamond CareDiamond SelectionChristmas GiftsChristmas DealsClassic RingsGold CombinationsComparisonSapphires and DiamondsConflict FreeDiamond Designs Engagement Ringka CraftCuban Chain Steps to Make a Cuban ChainCustom JewelryShipping ProcessDesigner JewelryDiamond Diamond AlternativesDiamond BraceletDiamond CaratDiamond ChainDiamond CollectionDiamond Cut EarringDiamond EarringsDiamond Jewelry ExchangeDiamond Jewelry ShippingDiamond Jewelry OnlineDiamond NecklaceDiamond PendantDiamond PriceDiamond Price Crafting Diamond GradingDiamond RingsDiamond RingsDiamond RingsDiamond Rings2021Diamond ShapesDiamond AlternativesDiamonds and EmeraldsDiamond TourDiamonds as a GiftDiamond GiftsFace Shape EarringsEco-Friendly DiamondEmerald PropertiesEmerald Gem EngagementProposalEngagement Rings2021Ethical DiamondPrecious Diamond Jewelry TypesFaces Family HeirloomsDiamondsGemsGemsCheaper Than DiamondGems Instead of DiamondsGem SymbolismGems for Expecting MomsValentine’s Day GiftsHandmade Jewelry Investing in IsraelJewelry AuctionJewelry CollectorsBirth JewelryOnline JewelryJewelry TipsLab Made DiamondsLab Diamonds vs Natural Diamonds Comparison of Lab Grown Luxury Diamond Jewelry Fantastic Gemstones Men’s Rings Minimum Down Payment Metal Mixed Moissanite Natural Diamond Necklaces Newborn Jewelry Online Jewelry Stores Online Payments Online Shopping Online Shopping Payment Methods Diamonds Diamonds Pink Diamonds Platinum Buying Tips Rama Tegan Rare Diamond Jewelry Rare Gemstones Rare Natural Gemstones Rare Diamonds Genuine Diamonds Red Diamond Iconic Ring Sizes Men’s Rings Romantic Gifts Rose Gold Round Cut Diamonds Round Cut Diamonds Round Diamonds Ruby Sapphire Rings Sapphire or Diamond Shipping Solitaire Stackable Rings Matching EarringsTop DiamondsTop Expensive JewelryTopaz Fashion RingsValentine’s DayVintage Vintage RingsWedding EarringsEngagement Ring SetsEngagement RingsPlatinum WhiteSapphireHoursWorld Jewelry CollectorsGold Zodiac Gems

Have you ever wondered where are the diamonds in the world? Of course, the Diamond Exchange is the center of the largest trade in the world, showcasing the finest examples of gemstones.

Diamond Exchange Announces New Currency

The Diamond Bourse is a club where experts buy and sell rough and polished diamonds. Participants of the Diamond Exchange create comfortable conditions and a convenient infrastructure for trading operations. Today, there are thirty diamond exchanges in the world. These exchanges compete with each other: some actively increase the level of cooperation with partners, while others are betting on zero taxes and minimal bureaucracy. The most notable of these are located in Israel, Belgium, the United Kingdom, Canada and India.

These five diamond exchanges influence global trade. They represent the finest examples of gemstones of any type, color, size, and cut.

December 8, 1937 – The world’s first Diamond Club, considered a countdown in the history of the Israel Diamond Exchange, begins operations in Israel. The Israel Diamond Exchange in Ramat Gan is also one of the largest and most professional diamond exchanges in the world.

Here you can buy and sell large diamond and gemstone jewelry. Decades later, one room turned into a huge complex of four buildings. Currently, the Israel Diamond Exchange has about three thousand participants. More than 6,000 people visit the Diamond Exchange every day.

Israel Diamond Exchange Images, Stock Photos & Vectors

The friendly policy of the country’s leaders has contributed to the active development of the exchange: import and export of rough diamonds are tax-free, and the interests of the diamond club are at an international level. In addition, the activities of all businesses, including jewelry stores and consultancies, are strictly controlled.

Despite other similar organizations, the Ramat Gan Diamond Exchange is firmly in the lead, but also because the Israel Diamond Exchange has market access from the Far East to the United States. Having its own stone cutting factories also gives the country a competitive advantage in the market. In an increasingly competitive environment, Israel is bound to take the lead for a long time.

The Antwerp Diamond Exchange (AWDC) has around 2000 members. The city’s diamond district is well known to anyone interested in diamonds. Cuts by local cutting companies are recognized as the most beautiful.

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