“We Are Experiencing Issues With Trading”: Robinhood Is Down Again

Going for what seems like the world record of massive f*ck ups in a month’s time, retail brokerage Robinhood, which left all of its customers fuming mad with outages while the market swung wildly over the last two weeks, has once again said it is “experiencing issues with trading”. 

Robinhood’s account confirmed the outage, which was first reported by Downdetector on Monday morning.

Trading is currently down on Robinhood and we’re investigating the issue. We’re focused on getting back up and running as soon as possible and we’ll update the status page with the latest https://t.co/mON07oWvHy.

— Robinhood Help (@AskRobinhood) March 9, 2020

https://platform.twitter.com/widgets.js

The retail brokerage, likely replete with inexperienced traders all rushing to crowd through the market’s exits at once, said that it is having “issues with equities, options and crypto trading,” according to Bloomberg.

Oh, that’s it? Well that leaves – well, nothing – left to trade.

Recall, the brokerage faced scrutiny not only from traders but from regulators after its massive screw ups over the last two weeks which left nervous millennials unable to panic sell their Tesla shares as U.S. markets crashed. 

Recall, a couple weeks ago, it was Fidelity shutting down, not allowing investors to trade during the market crash. 

And if this was the mood last week from Robinhood customers…

Switching back to @TDAmeritrade

Good work today @RobinhoodApp #RobinHood pic.twitter.com/0IodtmQIHK

— Will [PurdyAlerts] (@WillPurdyAlerts) March 2, 2020

https://platform.twitter.com/widgets.js

…what’s it going to be like after yet another outage?