
The Arbitrage Horizon
A merchant prince trades heat, guano, and lies to conquer a star system
- Science Fiction
- Adventure
He doesn't fight wars. He buys them. Director-General Wouter van der Zee is no soldier — he's a merchant prince of the Terran Democratic Alliance of Trade who weaponizes ledgers the way admirals weaponize fleets. Feigning gouty senility while calculating every margin, he is the most dangerous man on any exchange. Stranded on the methane ice of Swarte-Klip under a crippling Hanseatic salvage lien, with his cutter's relays fused and his crew frozen in place, Wouter has nothing to trade but heat and copper wire. From that, he will forge quartz, bankrupt a guild, and seize four frigates. But his greatest trade is yet to come. When his shuttle crashes on the ocean world Pelagios-3 with only thirty days of food and biology that makes every native bite lethal, he must broker peace between the timber-rich Archon Hegemony and the winged, guano-rich Pelagian Flotillas. To survive, they will launch a joint-stock company, build the 150-foot trimaran Sovereign Ledger, and sail 4,200 nautical miles through the Great Storm Gyre. At the end of that voyage lies proof of a jump-gate fuel monopoly that bleeds the stars dry. And Wouter intends to liquidate it.












