The conditions for becoming a member of a stock exchange are very strict.
The diamond dealer who manages to join this very small club is thus
known and respected
in the diamond industry.
Being a member of a stock exchange is a
coveted privilege, which confers a
good reputation
, a
flawless integrity
and one
access to the global diamond community
.
Members of WFDB-affiliated scholarships commit to
respect the rules and traditions
, the
principles of mutual trust, consideration and friendship
which are prevalent among the members of the Stock Exchanges around the world. They engage themselves
to respect and transmit
these principles and to ensure that they serve as the basis for commercial relations between the members of the affiliated exchanges.
The diamond dealer is thus bound to a severe regulation,
pledge of confidence
.
Members are
recorded and monitored
: in the event of fraud or fraud, the Federation excludes the offender from all purses, displaying name, photo and the reason for exclusion throughout the world.
Members of one of the 31 diamond exchanges are automatically members of the WFDB and have a
permission to access
to all world marketplaces.
Diamond accreditations are very important for a diamond dealer who is a member of a stock exchange and proves his actual membership in this stock exchange.
3000 diamond dealers in the world are part of a stock exchange, five French traders are authorized on the Antwerp market.