Trading institutions are now being offered the right to early access to Trump's posts, with annual fees as high as $1.2 million.
1 hours ago
Trump Media is selling early access to posts by former President Donald Trump on Truth Social to trading institutions, with some firms paying up to $1.2 million annually to obtain market-moving information faster. The service has sparked market attention, as Trump’s policy statements on Truth Social have proven to have significant market impact. For example, after Trump previously announced the cancellation of a planned strike on Iran, WTI crude oil fell nearly 5% in a single day. Market participants are concerned that early access to the president’s related statements could give some trading firms an informational advantage, particularly creating asymmetric edges in trading of energy, financial, and geopolitically linked assets. Currently, the arrangement is under external scrutiny, with the core controversy focusing on whether the advance commercialization of market-sensitive information will undermine trading fairness.
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