I'm not a merchant. I've bought and sold a few items in W2, but I try to avoid it because of the hassle of logging on, finding a buyer or seller and determining what the price should be in order to maximize the exchange in my favor (whether that means saving me time or gold). Take this with a grain of salt if you wish, but telling you people how the update will affect me may give you some insight how it will affect merchants. As I see it, there are three possibilities for the Grand Exchange. [*:3cw0af94]The Bulletin Board System [*:3cw0af94]The Stock Market System [*:3cw0af94]The Auction System The Bulletin Board Description With this system, sellers post an item and a price much like on a forum. Affect on me This system is closest to what we have existing. Right now, you can go to W2 fally and see a number of people selling items and announcing prices. With this update, I can go to one location, see a list of people selling the item(s) and buy the cheapest or sell mine for slightly less so someone will scarf it up and I get the cash quick. Possible Merchant effects Now instead of hanging out in W2 fally, you can hang out in the Exchange. If you buy quick, I'll sell my cheap wares, and you can mark them up and repost them. If I'm buying, the chances are no-one's going to be posting cheap in the short time I'm there (and if they do, you've got more practice buying quickly than me). The Stock Market Description Slightly more advanced than the Bulletin Board, this adds the ability to place 'buy' orders, i.e. buy 'X' &/or 'all' of an item. Affect on me I don't see this being any different than the bulletin board in it's effect on me. I can still go to one location, see a list of people selling the item(s) and buy the cheapest or sell mine for slightly less so someone will scarf it up and I get the cash quick. Possible Merchant effects Merchants may actually like this one. You can go back to fally and continue doing what you have been or do something else entirely (imagine merchanting while you WC). Just check in every so often to move your stock from "bought" to "selling." The Auction Description The seller places their item(s) up for public auction, possibly with a minimum bid &/or a 'buy it now' option. Effect on me This has it's ups and downs. Prices will tend to reflect the true market value of the item(s), but it will make getting cash quick for the seller and getting the item(s) quick for the buyer prohibitive. I'll probable sell the items collection digital dust in my back using this method, but if I need a super set to kill the last monster in a quest I'm doing, I'll be looking for it in W2 fally. Possible Merchant effects I can see this going either way. A lot of items people are sitting on because the time to sell it at market value is a couple hours are going to suddenly flood on the market. Got 100 red chins? Sell them now or wait a couple months! I see whips and the like going on the auction and getting about what their selling for now. Godswords? Forget it. They are going to be outrageous. Keep in mind, I'm not a merchant, so I have no real way to predict how this will affect merchants. I do have an idea how they might affect me, and maybe the several posts criticizing this one will provide more insight.