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Trump Media Hires HFT Firms for 50ms Truth Social API
By Drooid · · How we work
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- Trump Media signed Susquehanna International Group and Jump Trading for an API delivering Truth Social posts with a 50-millisecond edge.
- The service costs $60,000-$100,000 per month.
- High-frequency traders read the posts in milliseconds and trade in thousandths of a second.
- Senator Elizabeth Warren and Senator Adam Schiff asked the SEC to investigate the service as a “shocking abuse.”
- Intercept Media and Freedom of the Press Foundation sued U.S. President Donald Trump alleging First and Fifth Amendment violations.
