Business
Bloomberg and Trading Firms to Pay Truth Social for Fast Access to Trump’s Posts
The Japan Times · 2 hours ago · Read the Full Story on The Japan Times
AI SUMMARY
Bloomberg and two high-frequency trading firms have agreed to pay up to $100,000 a month for faster access to U.S. President Donald Trump's posts on Truth Social.
- Truth Social has signed up Bloomberg and two Wall Street firms for faster access to U.S. President Donald Trump's posts.
- The service costs up to $100,000 a month.
- The subscribing firms are news and data provider Bloomberg, Susquehanna International Group, and Jump Trading.
- Susquehanna International Group and Jump Trading are high-frequency trading firms focused on algorithmic and automated strategies.
- The service provides subscribers with a timing advantage that can create financial market swings and give Wall Street traders an edge over everyday investors.
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