Robin Hood Tweeted that solved it
Issue around Monday afternoon. This morning, some customers were experiencing problems with the status update of the delayed state. We have solved the problem and Robinhood is on. We apologize and thank you for your patience. “
Something liked on social media.
A twitter user Responded to an old Robinhood tweet
, Saying, “So I had a $ 2000 dollar loss when I couldn’t even execute my business only a performance issue ??”
Twitter users reported glits with E-Trade, Schwab, Mohra and TD Ameritrade.
This is not the first time Robinhood has had to deal with technical glitches on a big business day. In March, the app had two outages within 24 hours during one of the stock markets’ wildest swings. The SEC is currently investigating Robinhood dealing with a platform outage in March.
As of mid-August, the platform was valued at more than $ 11 billion. But in 2020 alone, the FTC has received far more complaints about Robinhood than its rivals — such as eTrade, Schwab, Fidelity, and interactive brokers — according to FTC records obtained by Bloomberg News.
Monday morning, Charles Schwab Corp (SCHWPRC) Tweeted, “Due to a technical issue, Schwab.com may be intermittent inaccessible to some customers. We are working to restore service as soon as possible.”
As of Monday morning, more than 2,600 users on the East Coast had reported problems with Robinhood, according to a downeductor who monitors Internet service. Mohra, who tweeted that it was working Solve problems
, Also received more than 2,600 reports. More than 1,300 users reported issues with Schwab and more than 250 reported issues with e-trade.
E-Trade did not tweet about the issues and did not immediately respond to requests for comment.