The Brokers Are Breaking... Again

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by Tyler Durden
Monday, Feb 01, 2021 - 09:49 AM

Update (1001 ET): The list of discount brokerage houses experiencing issues and outages this morning continues to expand. Add Charles Schwab to the mix. 

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With another day of most shorted stocks ramping higher, most notably the squeeze in silver, users of multiple discount retail brokerages are reporting issues or outages. 

Downdetector reports Fidelity, E-Trade, Robinhood, and Ameritrade are experiencing issues and outages as the US cash session opens up. 

Timeline of issues and outages at Robinhood. 

On a geographic basis, the issues and outages with Robinhood are widespread. 

Reuters' Most Shorted Index jumped more than 2% this morning.