Monday, August 5, 2024 5:04PMSeveral online brokerage firms including Charles Schwab, Fidelity and Vanguard appeared to be down for thousands of users early Monday during one of the biggest stock markets sell-offs of 2024.
User reports appeared to peak around and just before 10 a.m. ET, data from outage tracker Downdectector shows. "Due to a technical issue, some clients may have difficulty logging in to Schwab platforms," Charles Schwab wrote on social media platform X Monday morning. "Please accept our apologies as our teams work to resolve the issue as quickly as possible."A Fidelity spokesperson told The Associated Press via email Monday that the company was aware of some customers experiencing "intermittent issues" earlier in the day, but said that this is now resolved.
User reports appeared to fall notably for all three platforms an hour later, but timelines for full recovery weren't immediately known for Schwab and Vanguard.
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Schwab, Fidelity, other online trading brokerages appear to go dark during huge market sell-offSeveral online brokerage firms including Charles Schwab, Fidelity and Vanguard appeared to be down for thousands of users Monday morning, with disruptions arriving on one of the biggest stock markets sell-off days in 2024. User reports appeared to peak around and just before 10 a.m. ET, data from outage tracker Downdectector shows.
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Schwab, Fidelity, other online trading brokerages appear to go dark during huge market sell-offUser reports appeared to fall notably for all three platforms an hour into the outage, but timelines for full recovery wasn’t immediately known.
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