Trump Media markets fast Truth Social feed to traders for $100,000 a month
Trump Media & Technology Group is discussing a premium data product that could give traders and investors millisecond-faster access to President Donald Trump’s posts on Truth Social. The proposed service, called Truth API, is emerging as financial markets increasingly react to the president’s comments on tariffs, geopolitics and individual companies.
Highlights
- Trump Media & Technology Group offers a machine-readable Truth Social feed to trading firms and hedge funds for up to $100,000 a month, targeting high-speed market access.
- Demand for the ultrafast API may increase if large funds adopt it, pressuring rivals to pay for faster information and fueling controversy over paying a company tied to the president.
- Trump's Truth Social posts regularly move markets, with examples including a 9.5% S&P 500 rally after a tariff-related post and oil price drops following Iran commentary.
Premium feed targets market-sensitive trading
As first reported by Financial Times, Trump Media & Technology Group has quoted prospective clients as much as $100,000 a month for the new feed, according to people familiar with the matter. The service is designed for proprietary trading firms and hedge funds that pay for ultrafast access to market-moving information, where even milliseconds can shape trading results.TMTG, which is majority owned by the Trump family and controls Truth Social, expects the feed to run 24 hours a day, seven days a week. The public version of Truth Social would appear unchanged to most users, but the machine-readable API would deliver posts slightly faster, an advantage that matters to high-frequency and systematic trading firms.
The company does not immediately respond to multiple requests for comment in the source report. Wall Street backlash follows Thursday’s announcement of the API product, as traders and investors weigh the prospect of paying a company tied to the president for access to information that can move markets.
Market impact grows as posts move assets
Demand for the service could rise if large funds begin buying access and rivals fear losing a trading edge. Not every financial institution is likely to need the product, but firms that rely on algorithmic strategies may see the feed as increasingly hard to ignore.Trump’s posts on Truth Social regularly affect financial markets because he comments on major policy and geopolitical developments. With 12.9 million followers on the platform, he posts on issues including the war with Iran, tariffs and specific companies, all of which can trigger rapid moves in equities, oil and other assets.
The source text cites several examples of that market influence. Before the Trump administration paused a broad set of tariffs last year, Trump wrote that it was a "great time to buy", after which the S&P 500 rallied 9.5% in a sharp one-day move. More recently, after the outbreak of the war with Iran, he posted on March 23 about "very good and productive conversations with Iran", sending oil prices lower. He has also praised companies including Nvidia and Apple, helping fuel gains in their share prices.
In our earlier article on Wall Street analyst calls and positioning in major U.S. stocks, we covered a new wave of rating changes and price-target revisions across tech, media and industrial names, with AI and earnings momentum driving much of the debate. We also noted how a recent pullback in AI-linked chip and tech shares reflected investors reassessing stretched valuations into earnings season, increasing volatility even when companies continued to signal ongoing AI spending.
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