Retail Brokerages Suffer Widespread Outages As Short-Squeeze Surge Accelerates

Retail Brokerages Suffer Widespread Outages As Short-Squeeze Surge Accelerates

Following massive short squeezes of beaten-down stocks, such as GameStop and AMC Theatres by retail traders, multiple brokerage houses are down or experiencing problems on Wednesday morning. 

Downdetector reports Robinhood, Ameritrade, E-Trade, Charles Schwab, Fidelity are experiencing issues or outages as the US cash session began around 0930 ET. 

Robinhood users experiencing problems or outages of the trading app are primarily based in Mid-Atlantic and Northeast states. 

Ameritrade users in Mid-Atlantic and Northeast states face problems and issues with the trading platform. 

E-Trade users experiencing issues with the trading platform are more widespread. 

Twitter is full of angry Robinhood users who can’t access the trading app. 

*This story is developing. 

Tyler Durden
Wed, 01/27/2021 – 09:47

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