The New Traders are shown to be a grasping and greedy group of people who are constantly trying to either purchase more land, buy information on how to trade with the [[Rain Wild Traders]], or even purchase a [[liveship]]. [[Davad Restart]], an [[Old Trader]], acts as a go-between for interested parties in the [[Paragon]], the [[Ludluck]] family's derelict liveship. One of the New Traders interested in Paragon is named [[Mingsley]].
When the Satrap visits Bingtown, the New Traders orchestrate a conspiracy to kill him. His death would be blamed on the Old Traders hosting him, and Satrap Cosgo's [[ChacledChalced|Chalcedean]] warship escorts would pacify the town for them. These New Traders believe that they would gain much more power in Bingtown by doing so and they would aid their noble contacts back in Jamaillia. If Chalced proved difficult, they would be dealt with by a Jamaillian fleet. They already sent ravens to Jamaillia claiming Old Trader treachery and received a reply very quickly.
[[Companion of the Heart]] to Satrap Cosgo, [[Serilla]], in an attempt to both stymie this coup and gain power for herself, arranges Satrap Cosgo to be kidnapped to the [[Rain Wilds]] instead.