Robinhood, Schwab Among Brokers Struck by Trading Glitches

(Bloomberg) — Robinhood Markets, Charles Schwab Corp. and other online brokerages grappled with trading and other technical problems Monday, leaving customers venting their frustrations online.TD Ameritrade Holding Corp. and Vanguard Group also were among companies that said they were working to resolve delays in order updates and trouble accessing websites, among other disruptions. Thousands of customers lodged complaints on Downdetector.Robinhood, which reported problems related to equities, options and cryptocurrency trading, said shortly after noon in New York that it had resolved them.“We apologize for the inconvenience,” the company said in an emailed statement.While online brokerages routinely experience brief outages, it’s …read more

Source:: Yahoo Finance


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