Branch² Intelligence
Truth Social Parent to Sell Faster Access to Trump’s Posts
Key takeaway
Truth Social plans to sell faster API access to Trump's posts to Wall Street trading firms.
- Step 1Truth Social sells faster API access to Trump's posts to Wall Street trading firms
- Step 2high-frequency traders gain a millisecond advantage in reacting to market-moving statements, increasing volatility in affected sectors
- Step 3US SMEs in those sectors face wider bid-ask spreads and the risk of being front-run by algorithms, raising their effective transaction costs
Source: NYT Business
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