Wall Street Firms Pay Up to $100K for Faster Truth Social Access, Risks Insider Trading Violations
Donald Trump’s social media posts can move markets, and Trump Media is selling traders faster access to them through Truth API. The data feed delivers posts in milliseconds, with more than 10 customers, mainly high-frequency trading firms, signed up. Contracts range from $60,000 to $100,000 a month. The service has raised questions because the posts are public, but paying customers receive them faster. Democratic lawmakers have asked regulators to examine the arrangement. Trump owns about 41% of Trump Media, which reported a $238 million loss in the second quarter. Watch this video to understand how Trump’s posts are becoming a financial product. Shubhangi Sharma tells you more on Vantage on Firstpost.---
Donald Trump | Trump Media | Trump Truth Social | Truth Social | Truth API | Trump Posts | Trump Market Impact | Trump Social Media | High Frequency Trading | HFT Firms | Trump Media Stock | DJT Stock | Trump Media Stock Price | Financial Markets | Market Moving Posts | Firstpost | Vantage
#donaldtrump #trumpmedia #truthsocial #truthapi #trump #highfrequencytrading #wallstreet #stockmarket #financialmarkets #trading #trumpstock #djt #politicalmarkets #financialnews #firstpost #vantageonfirstpost
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