Robinhood, Schwab Outages Last Week Linked Directly To Tesla And Apple Splits
Robinhood, Schwab Outages Last Week Linked Directly To Tesla And Apple Splits Tyler Durden Sun, 09|06|2020 - 20:40 Once again during a period of slight market volatility, Robinhood users found themselves unable to access their platform more than once during the beginning of last week. It was deja vu from when the market was crashing due to Covid-19 earlier this year and traders couldn't login to their accounts. Except this time, the outages weren't triggered by market crashes. They were triggered by Apple and Tesla splitting their stock, according to a new article by Bloomberg . The influx of trading that occurred as a result of the splits sparked problems at Robinhood (and at Schwab) after the cash open on Monday. Other platforms, like TD Ameritrade, also had difficulty Monday morning. Robinhood had to deal with a technical problem that caused delays to customer order status updates, though it maintains its entire platform didn't wind up going down and there was no "system-wide" issues.
Robinhood, Schwab Outages Last Week Linked Directly To Tesla And Apple Splits
Robinhood, Schwab Outages Last Week Linked Directly To Tesla And Apple Splits Tyler Durden Sun, 09|06|2020 - 20:40 Once again during a period of slight market volatility, Robinhood users found themselves unable to access their platform more than once during the beginning of last week. It was deja vu from when the market was crashing due to Covid-19 earlier this year and traders couldn't login to their accounts. Except this time, the outages weren't triggered by market crashes. They were triggered by Apple and Tesla splitting their stock, according to a new article by Bloomberg . The influx of trading that occurred as a result of the splits sparked problems at Robinhood (and at Schwab) after the cash open on Monday. Other platforms, like TD Ameritrade, also had difficulty Monday morning. Robinhood had to deal with a technical problem that caused delays to customer order status updates, though it maintains its entire platform didn't wind up going down and there was no "system-wide" issues.