Members of the WFDB act as a medium for wholesale diamond exchange, trading both polished and rough diamonds. 95% of all the world’s rough and polished diamonds go through one of the Bourses. The WFDB consists of independent diamond bourses in major centers of the diamond trade such as Tel Aviv, Antwerp, Mumbai, Dubai, Johannesburg, London, New York, Los Angeles, Shanghai, Hong Kong and many other cities around the globe.