Abstract
The organization, functions and governing rules of the singular guild of overseers (bothroi) of the capital’s equestrian trade market are examined. The overseers’ task was to detect and point out animal defects to prospective buyers, serve as appraisers and brokers on request, recover stolen animals, and dispose of unsold animals. The head of the bothroi arbitrated financial disputes and was responsible for the maintenance of the marketplace. Trading in one location had discernible advantages: it forestalled animal diversion and stealthy transactions, provided on-site assistance to traders, prevented market fragmentation, and fostered aggressive bargaining and competitive pricing behaviour.
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