Wall Street firms pay for fast access to Trump's posts

In depth

Bloomberg and two Wall Street trading firms bought a dedicated service on Truth Social that allows fast access to posts by U.S. President Donald Trump. The service costs $100,000 a month, according to Arutz Sheva and N12. According to Arutz Sheva and Behadrei Haredim, the service gives clients an advantage of fractions of a second.

According to Arutz Sheva, the service allows clients to receive the posts 50 milliseconds before other users, an advantage that could be significant in automated trading in financial markets. The service has drawn criticism.

According to N12, a lawsuit against Trump claims that this access gives an advantage in access to government information to those with money. According to Behadrei Haredim, the lawsuit was filed in court alleging discrimination in favor of those with money.