Marceda

the merchant country Marceda, also called markeid, also called marcede, also called the mercantile country, and a ton of other ways of saying it, is a country surrounding Parteda (the main one) and is speculated to be a vassal state by Lizel in chapter 2 of the novel as he does not ask for more info than the name. Thank you very much liz, you make my job so easy.

spelling is not consistent between translations.

Its where Insigh and the shadow lord dude are.