The two firms are high-frequency trading firms focused on algorithmic and automated strategies.
The service gives subscribers a timing edge on Trump’s Truth Social posts, potentially moving markets and giving Wall Street traders an edge not available to everyday investors
Bloomberg and high-frequency trading firms Susquehanna and Jump Trading have signed up for Truth Social’s paid API, which offers faster access to Trump’s market-moving posts for up to $100,000 a month
Trump Media and Technology Group announced its fastest-access product in July, and pitched it to trading firms and other financial institutions
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