Bloomberg and trading firms to pay Truth Social for fast access to Trump’s posts

NEW YORK – Truth Social, the social media platform founded by U.S. President Donald Trump, has signed up news and data provider Bloomberg and two Wall Street firms for faster access to the president’s posts, which it sells for up to $100,000 a month, according to people with direct knowledge of the matter. The firms are Susquehanna International Group and Jump Trading, both high-frequency trading firms focused on algorithmic and automated strategies.

The service gives subscribers a timing advantage in access to Trump’s posts on Truth Social, which has the potential to create swings in financial markets and to give Wall Street traders an edge not available to everyday investors.