Schwab, Fidelity and other brokerages report ‘intermittent’ outages amid stock market meltdown

excalibur

Diamond Member
Mar 19, 2015
20,492
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Sure.

Convenient, though, eh, to keep the market from dropping too much.

Most likely, coordinated by the Fed. Oh, will you look at that, "outages".



Retail brokerages Charles Schwab Corp. and Fidelity Investments reported outages amid a global stock-market selloff Monday, though both said their issues were resolved by the early afternoon.

“A technical issue experienced by some clients has been resolved. We apologize for the inconvenience,” Schwab posted on the social media platform X, after earlier saying that some clients had “difficulty logging in to Schwab platforms.”

More than 15,000 users had reported an outage at Schwab at 9:50 a.m. in New York, according to the website Downdetector, which also reported issues at Fidelity Investments.

“We are aware some customers experienced intermittent issues earlier today,” a Fidelity spokesperson said in an emailed statement. “This is now resolved.”

...


 
The crazy volume of subscribers wanting on their systems probably overloaded their servers.

I don't think anyone pulled the plug to slow the crash...
 

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