Trump’s social post was packaged as a paid product; Wall Street institutions will “fall behind by one step” unless they pay

PANews July 18 news, according to Jint 10: A few weeks ago, emails promoting Trump’s Truth Social posts began circulating across trading departments on Wall Street. A copy of the email shows that the product promises “weekly 7x24-hour, sub-second Trump post data, including weekend and after-hours sessions.” The email also urged recipients to “act as soon as possible,” saying, “some of your peers have already deployed this product.” Trump Media & Technology Group makes no secret of offering high-frequency traders and hedge funds immediate access to the president’s remarks, sparking intense debate across Wall Street on political and ethical grounds. Various institutions are weighing what it really means to pay fees to a publicly listed company in which Trump is the largest shareholder in order to obtain his posts. Trump is happy to release statements that can influence market direction—meaning any institution unwilling to pay could be left behind by competitors in algorithmic trading. In his second term, Trump is clearly more confident about making money through various business lines. He is the largest shareholder of Trump Media Group, holding shares worth roughly $1 billion. He also broke with long-standing practice, earning income during his tenure through multiple other businesses, and just in the past year he earned more than $1 billion from cryptocurrency projects.