Official announcements from Fidelity Investments or user reports on Downdetector

Charles Schwab, Fidelity Among Major Trading Platforms Experiencing Outages During High Volume

Aug 5, 2024, 01:53 PM

Several major online trading platforms, including Charles Schwab, Fidelity Investments, TD Ameritrade, E-Trade, Robinhood, Vanguard, and Citi, experienced outages on Monday. The disruptions were reported by users on Downdetector and other platforms, with many unable to log in to their accounts. These outages occurred during a period of high trading volume, causing significant inconvenience for users. The S&P 500 rebounded 1.5%, adding approximately $600 billion in market cap since the outages began.