The Brokers Are Breaking… Again
Update (1001 ET): The list of discount brokerage houses experiencing issues and outages this morning continues to expand. Add Charles Schwab to the mix.
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With another day of most shorted stocks ramping higher, most notably the squeeze in silver, users of multiple discount retail brokerages are reporting issues or outages.
Brokers are breaking
— zerohedge (@zerohedge) February 1, 2021
Downdetector reports Fidelity, E-Trade, Robinhood, and Ameritrade are experiencing issues and outages as the US cash session opens up.
Timeline of issues and outages at Robinhood.
On a geographic basis, the issues and outages with Robinhood are widespread.
Reuters’ Most Shorted Index jumped more than 2% this morning.
*This story is developing.
Mon, 02/01/2021 – 09:49
Source: Zero Hedge News
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