The Black Market is a magical eceonomy dealing in the purchase and trade of magical items.
History[]
As shown, the Black Market is a marketing place where various magical items are purchased and exchanged among various Magicians, mostly Hedge Witches. The Market was shown to work using a bartering system, where Magicians exchange and trade items for the items they want with an equivalent item of equal or greater value.
When Baba Yaga demanded the rent for Kady Orloff-Diaz's Penthouse and the remaining items Marina hadn’t gotten, Kady recruited Pete to help her find the items she needed, namely a Bag of Holding and Webster's Weeping Healer. This lead them to the Market, where Kady had initially failed to barter using Charisma Cuffs with Whitley and Kareem for a Bag of Holding, but later succeeded in exchange for the urn of Aleister Crowley's Ashes that she had succesfully obtained after bartering around the market.