The Grand Exchange, also referred to as GE, was released on 26 February 2015. The GE is a trading system for players to purchase and sell tradeable items in RuneScape. Members get eight Grand Exchange slots, in which they may buy or sell items; however, free players are limited to three.Traders need not advertise, meet each other, or even wait at the Grand Exchange for trades to finish because coins and items from fully and partly finished trades can be collected at any bank, but not at bank chests (except the one in Shantay Pass, Burthorpe, the Clan Wars and Castle Wars lobby, and the Motherlode Mine) or deposit boxes. Additionally, players will receive a message in their chatbox when the status of a trade offer is updated. This trading system resembles a real-life electronic assist exchange and has since replaced the Trading Post and the older marketplaces in Varrock and Falador.
Finding the Grand ExchangeEdit
|Location on World Map|
|Edgeville||←||Grand Exchange||→||Varrock Palace|
- Walking (with or without use of the Varrock Teleport spell).
- Using the tunnel northwest of the Grand Exchange (requires membership and level 21 Agility).
- Using a canoe station (requires level 12 Woodcutting) to travel to the Champion's Guild station, Barbarian Village station, or Edgeville station and walking north, east, or using the tunnel, respectively.
- Using the spirit tree northeast of the Grand Exchange (requires membership and having completed the quest Tree Gnome Village).
- Using the fairy ring with the code "DKR" (requires membership and having access to the fairy rings from the quest Fairytale II - Cure a Queen).
- Using the Varrock Teleport spell from the Standard Spellbook, a Varrock teleport tablet, or a POH Varrock portal in a Portal Chamber (requires level 25 magic, membership, and level 50 Construction and membership, respectively)
- Remember upon the completion of Varrock Diary Medium Tasks, you can toggle the any Varrock teleports as mentioned above to Grand Exchange, or vice versa.
- Using a charge on a ring of wealth.
Most armour sets and the dwarf multicannon can be assembled into sets to save space. They behave like ordinary items except that they cannot be worn or used until disassembled. Only the Grand Exchange clerks and bankers can assemble or disassemble sets, and they will do so an unlimited number of times for free. Right-clicking a set and selecting "destroy" WILL NOT disassemble it.
Around the Grand Exchange are six characters who show the current prices of various items.
- Brugsen Bursen can be right-clicked to search for an items guide price.
- James gives information about membership bonds.
- Farid Morrisane shows the prices of ores.
- Relobo Blinyo shows the prices of logs.
- Bob Barter shows the prices of herbs. He also decants potions into full and empty vials. He can decant potions even if they are noted.
- Murky Matt shows the prices of runes. He also "decants" charged items into full and empty charges.
- Hofuthand shows the prices of certain weapons and armours.
Prices are partly governed by the Laws of Supply and Demand:
- If an item's demand is higher than supply, then its price will increase.
- If an item's supply is higher than demand, then its price will decrease.
- If an item's demand matches its supply, then its price will stay the same (thus, remain at equilibrium).
Jagex has never published the Grand Exchange's exact pricing algorithms, although there are some reasonable guesses. By using the Laws of Supply and Demand, the prices of items are updated depending on its recently traded prices and volume. For items with low volume such as partyhats, their prices update every few days or even once a week. Jagex can also intervene and set the prices themselves, and they reserve the right to intervene when they believe price manipulation is occurring on an inexcusable scale. The Grand Exchange Market Watch contains up-to-date information on the prices for various items.
Buying rate is restricted to a certain quantity every 4 hours. Some items have a connected limit, meaning that you can only buy a certain amount of either item, or a mix of the two up to a particular point. However, there are no restrictions on selling items.
Tradeable items that cannot be traded using the Grand ExchangeEdit
Some items cannot be traded using the Grand Exchange, but they can still be traded using the traditional player-to-player trade. The list includes:
- Partially charged items such as games necklaces, black masks, and the Pharaoh's sceptre
- Partially made pies and half pies
- Bailing bucket
- Bucket of rubble
- Burnt foods
- Cat training medal
- Half certificates
- Iron sickle
- Miscellaneous key
- Pete's candlestick
- Phoenix crossbow
- Platinum token
- Raw spider on sticks/shafts
- Rotten tomatoes
- Spare controls
- Strip of cloth
- Weapon store key
New accounts cannot sell or buy any items on the Grand Exhange until they have acquired at least 7 quest points or have been active for at least 24 hours. This limitation is easily lifted by completing some of the following quests: