The online Robinhood and TD Ameritrade trading platforms experienced technical issues for a second-straight day Tuesday morning, one day after outages were also experienced by Charles Schwab, E-Trade, Fidelity, Merrill Lynch and Vanguard amid heavy trading volume.
“For a very short period this morning, some customers may have experienced slower trading performance in the app,” a Robinhood spokesperson told ThinkAdvisor by email just before 1 p.m. ET Tuesday.
However, “it’s now completely resolved,” the spokesperson said, without elaborating on what caused the issue and how many investors may have been affected.
The issue lasted long enough for several people claiming to be Robinhood clients to complain on Twitter and Downdetector’s website that they couldn’t log in or trade. An outage happened with the app at 9:41 a.m. ET Tuesday, according to Downdetector.
The issue was apparently worse on Tuesday than what was reported with the Robinhood app Monday, when its spokesperson told ThinkAdvisor: “This morning, despite historic traffic, Robinhood systems remained operational.”