Many users report Charles Schwab, Fidelity Investments and TD Ameritrade are down

G

gwb-trading

I got a phone call about 10 minutes ago. "I'd like to open a checking account". I'm sorry we do not offer Checking. What company are you trying to reach. "Charles Schwab.". I'm sorry, we are not Charles Schwab. " Can you transfer me?" Sorry, but you call the wrong company, I can't do that.
 
I still dont understand that after 30 years of these types of market moves and volatility since the on coming age of online trading that still to this day they can't figure out how to keep systems up and running during heavy volatility. Can't these programmers test their systems accordingly for these type of market behaviors?

And they think ai is going to run the world.....haaaaaaaa....fools
 
Updated Reuters article... Vanguard is also down for many users.

Online trading platforms down for thousands of users, Downdetector shows
https://finance.yahoo.com/news/online-trading-platforms-down-thousands-135815367.html

(Reuters) - Online brokerages including Charles Schwab and Fidelity Investments were down for thousands of users on Monday, according to outage tracking website Downdetector.com.

The reports come against the backdrop of a global rout, with Wall Street's indexes tumbling at the open after weak economic data and drab second-quarter earnings sparked recession fears and prompted a rush out of everything from equities to crypto.

Schwab was down for more than 15,300 users while outage reports on Fidelity reached over 3,000, Downdetector showed.

The website tracks outages by collating status reports from several sources including users.

Vanguard and TD Ameritrade also saw thousands of outage reports, the website showed.
 
S2007S said:
I still dont understand that after 30 years of these types of market moves and volatility since the on coming age of online trading that still to this day they can't figure out how to keep systems up and running during heavy volatility. Can't these programmers test their systems accordingly for these type of market behaviors?

And they think ai is going to run the world.....haaaaaaaa....fools
More...

They're marketing firms, not professional trading firms.
 
Robert Morse said:
I got a phone call about 10 minutes ago. "I'd like to open a checking account". I'm sorry we do not offer Checking. What company are you trying to reach. "Charles Schwab.". I'm sorry, we are not Charles Schwab. " Can you transfer me?" Sorry, but you call the wrong company, I can't do that.
More...
Nice to know CS is Full service with occasional no service.
 
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