​​​​​​​Retail Brokerages Suffer Another ‘Coordinated’ Outage As Short-Squeeze Surge Spreads

​​​​​​​Retail Brokerages Suffer Another ‘Coordinated’ Outage As Short-Squeeze Surge Spreads

As retail panic trades most shorted stocks, a widespread outage of popular brokerage houses is being reported as the cash session begins. This seems to be the norm in the last couple session, preventing some retail traders from participating in massive squeezes of Gamestop and AMC. 

Downdetector reports Thursday morning that users of Robinhood, TD Ameritrade, E-Trade, Charles Schwab, Fidelity, and Webull are reporting issues and outages. 

On a geographic level, users of Robinhood are experiencing problems and outages across the East Coast. 

… volumes are not extraordinary… so why are retail brokerages all down simultaneously for the umpteenth day?

Tyler Durden
Thu, 01/28/2021 – 09:54

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