DDC, IDE Delighted With Ongoing Success of Israel Diamond Week

The four-day Israel Diamond Week at the Diamond Dealers Club of New York continues to prove its success.

With in excess of 600 members of the Diamond Dealers Club (DDC) of New York and the Israel Diamond Exchange (IDE) participating in the second day of the Israel Diamond Week on Tuesday, DDC President Reuven Kaufman and IDE President Shmuel Schnitzer said they were delighted with the high levels of business being transacted.

The bourse presidents declared at the end of the first day of the event that it was “an unqualified success.”

Both presidents said that feedback from members of their bourses indicated that considerable trading took place on the second day of the buyers' week.

IDE member Shlomo (Momo) Askenazi of S.A. Diamonds said the Israel Diamond Week allowed him "to conduct business with other dealers and manufacturers in a secure facility and was an outstanding example of DDC-IDE cooperation.”

According to DDC member, Moshe David Reisz of M.D. Reisz, Inc., “Israel Diamond Week presented Club members with a unique opportunity to view an unusually wide range of goods.”

IDE member Chaski Brachfeld of Belisdiam expressed his appreciation to the DDC membership and leadership for organizing the week-long event.

DDC member Michael Poulad of Michael Poulad Inc. praised the organization of the program and expressed interest in continuing to participate in other joint DDC-IDE programs.