GRP78 is a major protein regulated by the mammalian endoplasmic reticulum stress response, and up-regulation has been shown to be important in protecting cells from challenge with cytotoxic agents. GRP78 has ATPase activity, acts as a chaperone, and interacts specifically with other proteins, such as caspases, as part of a mechanism regulating apoptosis. GRP78 is also reported to have a possible role as a Ca 2؉ storage protein. In order to understand the potential biological effects of Ca 2؉ and ATP/ADP binding on the biology of GRP78, we have determined its ligand binding properties. We show here for the first time that GRP78 can bind Ca 2؉ , ATP, and ADP, each with a 1:1 stoichiometry, and that the binding of cation and nucleotide is cooperative. These observations do not support the hypothesis that GRP78 is a dynamic Ca 2؉ storage protein. Furthermore, we demonstrate that whereas Mg 2؉ enhances GRP78 binding to ADP and ATP to the same extent, Ca 2؉ shows a differential enhancement. In the presence of Ca 2؉ , the K D for ATP is lowered ϳ11-fold, and the K D for ADP is lowered around 930-fold. The K D for Ca 2؉ is lowered ϳ40-fold in the presence of ATP and around 880-fold with ADP. These findings may explain the biological requirement for a nucleotide exchange factor to remove ADP from GRP78. Taken together, our data suggest that the Ca 2؉ -binding property of GRP78 may be part of a signal transduction pathway that modulates complex interactions between GRP78, ATP/ADP, secretory proteins, and caspases, and this ultimately has important consequences for cell viability.