Truth Social's parent company plans to sell access to a product called Truth API, which could provide Wall Street trading firms with faster access to President Trump's posts on the platform.
Key takeaway
Truth Social plans to sell faster API access to Trump's posts to Wall Street trading firms.
- Step 1 · The triggerTruth Social sells faster API access to Trump's posts to Wall Street trading firms
- Step 2 · Knock-onhigh-frequency traders gain a millisecond advantage in reacting to market-moving statements, increasing volatility in affected sectors
- Step 3 · Reaches youUS SMEs in those sectors face wider bid-ask spreads and the risk of being front-run by algorithms, raising their effective transaction costs
The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.
Source: NYT Business
See what today’s news does to your business. Atri by Branch² — Early-warning intelligence for your businessThis is automated analysis for information only. It is not investment advice, not a recommendation, and not a solicitation to buy or sell any security. Branch² is not authorised or regulated. Do your own research.