Trump Media to Launch Truth API for High-Frequency Traders
Trump Media plans to launch a paid Truth API service that gives trading firms millisecond-early access to Trump's Truth Social posts before public release, targeting high-frequency traders.
Trump Media & Technology Group is planning to launch a paid service called Truth API, according to a Financial Times report. The API will provide trading firms with millisecond-early access to Donald Trump's posts on Truth Social before they are released to the general public.
The product is aimed at high-frequency traders, as Trump's social media posts have been known to move markets, including stocks, oil, and currencies. The service is designed to give subscribers a speed advantage in reacting to market-moving statements.
Source: First Squawk