FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Robinhood suffers online outage with US stocks rebounding

Bloomberg NewsbyBloomberg News
March 2, 2020
in Banking, Payments, Risk & Security
Reading Time: 2 mins read
Share on Facebook

Robinhood Markets Inc.’s brokerage website experienced technical issues Monday with some customers unable to make trades on a day when the market was rebounding from last week’s rout.

A system-wide failure began as the U.S. markets opened and continued through midday. At 11:18 a.m. New York time, the company posted a statement on the website saying “the issue has been identified and a fix is being implemented.” As of 1:20 p.m., access had not yet been restored.

Our system is experiencing downtime issues that are affecting all functionalities on our platform. We are aware of the issue and are working to have all systems up and running as soon as we can. We’re so sorry this is happening!

— Robinhood Help (@AskRobinhood) March 2, 2020

Clients blasted the closely held company on social media. “One of the most anticipated trading days and your service is down at market open,” one user wrote. Another user said: “What is going on — I can’t do any trades — you will lose me as customer going forward. This is ridiculous.”

Downdetector, a website that tracks real-time outages online, reported the issue at the market open.

U.S. stocks surged on Monday as investors gained confidence that the Federal Reserve could intervene to mitigate the economic impact of the coronavirus. Last week, the S&P 500 Index suffered the worst week for the benchmark since 2008.

During last week’s market decline Fidelity Investments and Charles Schwab Corp. customers experienced some technical issues. Those were quickly repaired.

Robinhood, based in Menlo Park, California, primarily serves customers who are just getting started as investors.

— Julie Verhage and Annie Massa (Bloomberg) 

Tags: BloombergPremiumRobinhoodstartups

Related Posts

Cisco logo on a wall of lights
Risk & Security

Cisco clients spend more on security to prepare for Mythos, quantum

August 13, 2026
digital globe surrounded by interconnected data streams
Risk & Security

FIs cannot rely solely on legacy systems for cybersecurity

August 12, 2026
Load More

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

Next Post

BankMobile aims to hook customers with bill pay service

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account