Exclusive-Bloomberg, two trading firms agree to pay Trump’s Truth Social for faster access to president’s posts, sources say
In short
Financial market participants are seeking rapid access to critical communications that could drive immediate asset price fluctuations. This arrangement establishes a direct pipeline for real-time statements originating from the president's primary online communication channel. Donald Trump's social network will provide the media organization and financial entities with expedited delivery of his public updates. However, the specific financial terms and the identities of the two trading firms have not been disclosed.
Key points
- Institutional organizations are paying for expedited access to statements shared on the p…: Institutional organizations are paying for expedited access to statements shared on the president's platform.
- The arrangement is specifically designed to provide market participants with faster data…: The arrangement is specifically designed to provide market participants with faster data feeds.
- The precise identities of the trading entities involved have not been made public.: The precise identities of the trading entities involved have not been made public.