Wall Street firms are set to gain faster access to posts from Donald Trump's Truth Social platform through a new service called Truth API, launching next month for institutional clients. This service aims to offer financial institutions a competitive edge in trading, particularly as Trump's statements have historically influenced market movements.
The Truth API will allow subscribing firms to receive posts directly from major accounts, potentially before the general public sees them. Trump Media & Technology Group has not disclosed pricing details or the exact time advantage over regular users. Currently, Trump has 12.9 million followers on Truth Social, making him the most followed account on the platform. High-frequency trading firms are expected to benefit the most, as they rely on real-time information to execute trades swiftly.
Trump's social media activity has already demonstrated its impact on various markets. For instance, his updates on tariffs last year caused significant fluctuations in stock prices almost instantaneously. The Truth API intends to minimize the delay in trading responses to his posts, which can be crucial when market sentiments shift rapidly based on his comments. Financial firms have been known to purchase similar access to information streams from other social media platforms, such as Reddit and X, for similar reasons.
Since Trump resumed office in 2025, monitoring his account has become a priority for investors, as even minor shifts in his posts can lead to large-scale trading actions. The expectation is that the Truth API will formalize this trend, providing a regulated method for institutions to gain insights into market-relevant statements directly from the former president.
This material is informational and not financial advice.
