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Robinhood says it resolved a technical issue that caused earlier display delays

May 18, 2020, 21:56 IST
Business Insider
Robinhood

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  • Robinhood on Monday said it resolved an issue that might've caused delays for some users.
  • "We encountered a technical issue this morning that caused a delay in your app displaying order updates," the company said in a tweet. "This has been resolved so orders going forward will not be impacted."
  • Earlier in the day, Downdetector showed that Robinhood and other trading platforms were potentially having issues.
  • Read more on Business Insider.

Robinhood on Monday said it resolved an issue that caused delays for some users earlier in the day.

"We encountered a technical issue this morning that caused a delay in your app displaying order updates," the company said in a tweet. "This has been resolved so orders going forward will not be impacted."

A spokesperson from Robinhood confirmed that the platform had experienced the technical issue and that it has been resolved.

Earlier Monday, Bloomberg reported that Robinhood and E*Trade appeared to be having issues, citing data from Downdetector. The site also showed that Fidelity, Charles Schwab, and TD Ameritrade may be experiencing possible problems.

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Read more: 'We have a depression on our hands': The CIO of a bearish $150 million fund says the market will grind to new lows after the current bounce is over — and warns 'a lot more pain' is still to come

In March, the popular online trading platform experienced two days of outages during a major market rally, sparking outrage from its users.

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