Dissociation constants for MgATP [Kd(MgATP)I were measured with the combined techniques of spectrophotometry using the metallochromic dye, Antipyrylazo 111, and phosphorus nuclear magnetic resonance (31P-NMR) spectroscopy. Values of the Kd(MgATP) were dependent on pH, ionic strength, and the relative concentrations of competing and noncompeting ions. A model solution was constructed simulating the cytoplasm of the muscle of the horseshoe crab, Limulus polyphemus. Using this model solution, Kd(MgATP) values were determined. In addition, the acid dissociation constants (Ka's) for inorganic phosphate, ATP and MgATP were determined by 31P-NMR. Free Mg + concentrations ([Mg''lJ were estimated from 31P-NMR spectra of superfused bundles of L. polyphemus muscle fibers based on the difference in chemical shift of the y and 6-ATP resonances using Kd(MgATP) values corrected for prevailing intracellular pH (also estimated from spectra). The [Mgt21i in L. polyphemus muscle was around 1,200 pM. Metabolic perturbations (anoxia, metabolic poisons) and experimental acidosis (hypercapnia) had no significant effect on [Mgt2Ii but did alter the fraction of the total ATP pool complexed with Mg+'. Free magnesium is not in thermodynamic equilibrium, and thus it appears that [Mgf21i is stringently regulated in L. polyphemus muscle. 0 1992 Wiley-Liss, Inc.