Trading firms acquire assets before Trump's statements release
Stock trading firms on Wall Street have begun using a new technology developed by "Trump Media & Technology" that provides instant access to former U.S. President Donald Trump's posts on the Truth Social platform via an Application Programming Interface (API). This service, which clients of these firms pay between $60,000 and $100,000 per month to access, offers a strategic competitive advantage: enabling near-instant access to political statements seconds before they become publicly available. This can lead to substantial profits for ultra-fast trading companies. These firms believe that early access to important political news—such as economic decisions or security-related statements—can cause sharp fluctuations in stock, oil, and bond prices. As a result, they see this as a lucrative investment opportunity, despite legal criticisms and concerns about exploiting the platform to generate unfair profits.
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