The Circle of Merchants is a coalition of the ruling guilds in the Nightspell Moors. As the individual guilds tend to preside over their own towns and communities throughout the region, the Circle was established as a way for the guilds to reach agreements on legislation, trade, defense, and foreign relations. The Circle has an inner council to decide these matters that meets within the center of Madrioc.
The current guilds of the Circle are:
- Traders Guild
- Miners Guild
- Mercenaries Guild
- Bookkeepers Guild
- Artists Guild
- Smiths Guild
- Bankers Guild
- Farmers Guild
- Fishers Guild
- Warriors Guild
- Mages Guild
Originally there were ten major guilds that comprised the circle, but the Mages Guild was eventually added to the circle in order to balance their power.