"Wall Street Pays $100,000 a Month to See Trump’s Posts First with 'Truth API' Contracts"

Launch Scheduled for August 1;
At Least Five HFT Firms Sign On

"Securing the President's Posts Milliseconds Ahead of Others"

A paid service that allows users to access U.S. President Donald Trump’s social media posts faster than the general public will launch next month. On Wall Street, it is reported that at least five high-frequency trading (HFT) firms have already signed contracts for this service.

U.S. President Donald Trump's Truth Social profile screen. Truth Social screenshot

According to the Wall Street Journal (WSJ), Reuters, and other sources on July 23 (local time), Trump Media & Technology Group (TMTG) will launch the "Truth API" service on August 1.

The core of this service is to provide posts uploaded to Truth Social in a data format (API) that computers can instantly read. By using this, high-frequency trading firms can access posts faster than ordinary users and immediately incorporate the information into their automated trading algorithms.

The service fee is known to be $100,000 per month (about 146 million won), which can be reduced to $60,000 per month (about 88 million won) for long-term contracts. TMTG announced that it has already secured contracts with at least five high-frequency trading firms.

The WSJ reported that some trading firms on Wall Street are already utilizing artificial intelligence (AI) and automated systems to analyze President Trump's posts in real time. When words that can influence the markets, such as "Iran" or "ceasefire," appear, stocks or oil futures are bought or sold instantly.

In fact, after President Trump posted about Iran last month, more than 2 million shares were traded within one minute, and it was analyzed that the share prices of more than 20 energy and industrial stocks moved by over 2%.

For high-frequency trading companies, even a difference of milliseconds (ms) or less can determine profitability, so securing posts faster is seen as a competitive edge. Within the industry, this service is regarded not as an option for competitive advantage, but as a "necessary cost" to avoid falling behind competitors.

However, some critics argue that a service providing the President’s posts faster to paying customers could undermine the fairness of the market.

Senator Mark Warner, a member of the Democratic Party, criticized, "TMTG is monetizing market-moving information using the President’s status" and warned, "this service could create a 'pay-to-play' market for government information and undermine trust in the capital market."

In response, TMTG countered that the data is not provided before the posts are released, but the service merely delivers data as soon as it becomes public.

This content was produced with the assistance of AI translation services.