The New Traders are those men and women who were granted lands on The Cursed Shores by Satrap Cosgo in violation of the original Bingtown Charter. Fond of slavery and Chalcedean customs they attempt to seize power and fortune for themselves. They attempt to betray and kidnap the Satrap to increase their own standings and are ultimately run out or killed by their own Chalcedean partners. A few remain in Bingtown at the end of The Liveship Traders Trilogy.

In the series, the only Old Trader who maintains a friendly rapport is Trader Davad Restart.

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