Speed Comes at a Price: HFTs Pay $100K/Month for Trump Post Feed
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.