High-Frequency Traders Say They Have “No Choice” But to Pay Trump $100,000 a Month for Early Access to His Posts Quick Read – High-frequency trading firms pay Trump Media (DJT) up to $100,000 monthly for a low-latency API feed delivering Trump’s Truth Social posts nanoseconds…
ster. – Traders told the Wall Street Journal they have no choice but to subscribe, since opting out means falling behind competitors already on the feed. – Senators Warner, Warren, and Schumer flagged potential emoluments clause violations, calling the arrangement unprecedented self-dealing by a sitting president who profits from his own communications. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Trump Media & Technology Group didn’t make the cut. Grab the names FREE today
High-frequency trading firms are paying up to $100,000 a month for a direct API feed to President Trump’s Truth Social posts, according to Wall Street Journal reporting discussed on CNBC Friday morning. Gunjan Banerji, the Journal’s lead markets writer, walked through the mechanics of the arrangement and explained why algorithmic traders view the fee as a cost of doing business rather than a discretionary spend. The service routes posts from Trump Media & Technology Group (NASDAQ:DJT) to subscribing firms through a low-latency data pipe.
Trump Media says every post remains available to the public at the same moment it is delivered to paying clients, so the debate centers on how quickly each recipient can actually process the message and route trades to exchanges. Why Nanoseconds Translate Into Dollars Banerji framed the stakes in the smallest possible time unit. “For the high frequency traders, the types of firms that are subscribing to this data, nanoseconds matter. We’re talking billionths of a second can make a difference in terms of their profits or losses,” she said.