1 Day
Source:
The Boston Globe
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Rapid access to Trump's social media
President Donald Trump's company is introducing a new service that offers sneak peeks of his social media posts to Wall Street traders willing to pay for real-time access. The service, called Truth API, aims to provide high-frequency traders with advance knowledge of Trump’s posts, which often move markets significantly. Critics raise concerns about potential insider trading and the use of private information for financial gain, as the service could enable rapid trading based on his policy announcements and personal posts. The company defends the service as fair, stating the information will be released simultaneously to the public and traders.
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