Speed Comes at a Price: HFTs Pay $100K/Month for Trump Post Feed
TL;DR Summary
High-frequency trading desks are paying up to $100,000 per month for a direct, low-latency API that streams President Trump's Truth Social posts, giving them nanosecond timing advantages when markets react to his statements. Trump Media says posts are public and the speed of delivery is the differentiator, not the content; lawmakers have raised emoluments clause and market-data fairness concerns as the arrangement prompts questions about who benefits from presidential communications.
Topics:business#emoluments-clause#finance#high-frequency-trading#low-latency-feed#market-data-fairness#truth-social
- High-Frequency Traders Say They Have “No Choice” But to Pay Trump $100,000 a Month for Early Access to His Posts Yahoo Finance
- Why Wall Street Firms Are Paying $100,000 a Month for a Fast Track to Trump Posts WSJ
- GOP senators criticize Trump plan to sell access to Truth Social posts The Hill
- Trump Media pitched $100,000 monthly fee for fastest feed of U.S. president's posts, sources say CNBC
- Instant Access to Trump’s Thoughts Now Costs $100,000 a Month Mother Jones
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