Reported 2 months ago
On a chaotic trading day, major online brokerages Charles Schwab and Fidelity faced significant outages, with users unable to access their accounts as market fears escalated due to weak economic data and geopolitical tensions. Downdetector reported nearly 14,500 outages for Schwab and over 3,600 for Fidelity. These disruptions prompted complaints from users and drew regulatory scrutiny amid concerns about the platforms' ability to handle high trading volumes.
Source: YAHOO