The Pilot’s Book · Trade
The exchange and the auction
In bigger ports the «Exchange»: forwards, buy orders and the bank. In the Free Harbors the trophy auction: 10-minute lots, the house keeps a tenth.
«Exchange» → «Forwards»: lock today's price for a good delivered to another port by a deadline. The deposit comes back on full delivery. Lawful exchanges take no plunder. 
«Orders»: put silver down and let other captains bring you the goods; they wait in your warehouse here. An order lives 3 hours, the fee is 2 %. 
«Bank»: silver in the bank survives a sinking (a tenth of what you carry goes down with the ship). Withdrawal costs a small fee; a credit is offered too. The bank’s office is only in League ports and the big free ports. 
«Auction» in the ports of the Free Harbors: rare pieces on the block for 10 minutes. A bid holds your silver; outbid, it comes back at once. A bid in the last minute adds a minute. The house keeps a tenth of a sale. 
Each lot shows its piece, its rarity and level, the standing bid and what it is worth to the room. Tap the piece for its card.
