Reuters : Sources: Bloomberg, Susquehanna, and Jump Trading signed up for Truth Social's fast API feed of President Trump's posts, paying $60K to $100K per month — Truth Social, the social media platform founded by President Donald Trump, has signed up news and data provider Bloomberg and two Wall Street firms …
Sources: Bloomberg, Susquehanna, and Jump Trading signed up for Truth Social's fast API feed of President Trump's posts, paying $60K to $100K per month (Reuters)
In short
Financial data giant Bloomberg along with Wall Street trading firms Susquehanna and Jump Trading have secured high-speed API access to Donald Trump’s account. The specialized feed delivers rapid distribution of statements directly from Truth Social, the platform founded by Trump. These subscriptions cost the participating financial firms between $60,000 and $100,000 every month for the enhanced delivery service.
Key points
- Wall Street trading firms and financial media are investing heavily in rapid access to po…: Wall Street trading firms and financial media are investing heavily in rapid access to political posts.
- Truth Social has monetized high-speed distribution of content directly to institutional c…: Truth Social has monetized high-speed distribution of content directly to institutional clients.
- Low-latency delivery of market-moving statements commands monthly fees reaching up to $10…: Low-latency delivery of market-moving statements commands monthly fees reaching up to $100,000.