Institutional investors may soon be paying a steep price for one thing: getting President Donald Trump’s social media posts milliseconds before anyone else.
According to the report, financial timesTrump Media & Technology Group discussed charging trading companies and institutional investors up to $100,000 per month for access to a new Truth API service that would deliver President Trump’s Truth social posts in machine-readable format and with low latency.
Why milliseconds matter
The proposed service is targeted at hedge funds, proprietary trading firms, and quantitative investors who rely on ultra-fast information to execute trades.
This timing advantage is reportedly only a few milliseconds, but it can make a big difference in high-frequency trading, where algorithms automatically react to breaking news before the broader market has a chance to react.
The API will operate 24 hours a day, allowing automated trading systems to immediately process Trump’s public posts without having to wait for updates to appear through standard channels.
President Trump’s posts frequently move the market
President Trump has repeatedly demonstrated his ability to influence financial markets through his posts on Truth Social. “It’s a great time to buy,” President Trump wrote last year, just before the Trump administration suspended some tariffs. The S&P 500 then rose about 9.5% in one of the strongest single-day gains.
His posts have also had an impact on individual companies, after he publicly praised companies like Nvidia and Apple, while his comments on geopolitical events, including tensions over Iran, have caused oil prices to soar.
Because of that track record, market participants are increasingly viewing President Trump’s social media activity as market-moving information.
Wall Street’s reaction
News about the proposed service has already sparked debate across financial markets.
The report said some hedge fund executives believe companies may feel pressured to join just to keep up with competitors. One executive told the magazine that if a rival company receives market-moving information even milliseconds early, it could create a significant competitive disadvantage.
