At 21:40 CET I checked my account from Usa (ndc1.ibllc.com) and Europe (zdc1.ibllc.com). Both working properly.
wtf IB?
- Thread starter stochastix
- Start date
At 21:40 CET I checked my account from Usa (ndc1.ibllc.com) and Europe (zdc1.ibllc.com). Both working properly.
Illinois farm was affected.
Bottom line, the server farm was affected, although what is scary is evidently Robin hood is using the same farm. I am still down as of 4:00 on a family account, although a separate IB account I use for data was active as of 11:30AM. They did indicate that if stop losses were compromised than we can get $$ back.
Luckily due to handling many accounts, I no longer trade futures. I learned my lesson years ago with Ninja which cannot handle dropped packets from the provider and consequently always shut down.
Luckily due to handling many accounts, I no longer trade futures. I learned my lesson years ago with Ninja which cannot handle dropped packets from the provider and consequently always shut down.
That is strange. It looks like the problem is with the actual physical location where all the server machines are situated. A power outage maybe? And evidently the servers of both IB and Robinhood are located at the same physical location?
This doesn't look like an attack on the servers of a specific company. Multiple companies' systems were affected. This looks like an outage or a problem with the physical location of where the servers are located. What they need to do is diversify where they put all their servers. Given the worldwide server outage, it looks like they put all of the servers all in one place or just few places.
And looks like we need to diversify our brokers of where we put our money.
And looks like we need to diversify our brokers of where we put our money.
Yes, I have been noticing that it is happening frequently, even with Robinhood with security related issues. I wonder have they never consider any backup in case some bad stuff like this could ever happen to them?
It is always good idea to diversify the broker, yeap!
IB has gotten bigger and bigger. At some point you have to make the decision to either build your infrastructure in house or outsource it. A lot of large organizations have opted for "cloud solutions" - and it always surprises me how many people in prominent positions don't realize that "the cloud" is just a server on the internet somewhere.