Trump Tweet Preview Access is now being sold to trading firms, with annual fees reaching up to $1.2 million.
August 10th, Trump Media Group is selling advanced access to President Trump's posts on the Truth Social platform to trading firms. Some firms are paying up to $1.2 million annually to access the posts ahead of time, allowing them to receive market-moving information more quickly.
This service has attracted market attention because President Trump's statements on Truth Social have been proven to have a significant market impact. For example, when Trump previously announced the cancellation of plans to strike Iran, WTI crude oil experienced a nearly 5% intraday drop.
Market participants are concerned that early access to presidential statements may provide information advantages to certain trading firms, especially in forming asymmetrical advantages in trading energy, financial, and geopolitically related assets.
Currently, this arrangement is facing external scrutiny, with the controversy focusing on whether the early commercialization of market-sensitive information will affect trading fairness.