Trading Volumes Plunge As Interactive Brokers, Robinhood Suffer Major Outages
Tyler Durden
Mon, 12/07/2020 – 10:05
Another day, another chaotic open to the US cash markets (with Nasdaq soaring against Small Caps slumping)… an another major outage for retail traders.
As the decoupling began…
Interactive Brokers went down:
We are experiencing technical difficulties and we are working to restore services.
— Interactive Brokers (@IBKR) December 7, 2020
And continues to suffer what it calls a “major outage”
Source: DownDetector
Interactive Brokers confirms a significant failure in multiple segments of a data storage system, working on recovery and are rerouting to backup centers; expects a “prompt recovery”
And shortly after IBKR’s outage, Robinhood went down…
Source: DownDetector
Volumes are noticeably lower today amid the outages, one contact highlights that e-mini S&P futures volumes are lower by around 30%.
Zero Hedge’s mission is to widen the scope of financial, economic and political information available to the professional investing public, to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become, to liberate oppressed knowledge, to provide analysis uninhibited by political constraint and to facilitate information’s unending quest for freedom. Visit https://www.zerohedge.com