Robinhood, TD Ameritrade See Outages Due to Apple, Tesla Splits

TD Ameritrade  (AMTD) – Get Report and Robinhood Markets said Monday that they had resolved various operating problems on the day that stock splits for Apple  (AAPL) – Get Report and Tesla  (TSLA) – Get Report became effective.

Downdetector earlier Monday had listed more than 2,900 problems for Robinhood Markets and more than 7,000 for TD Ameritrade.

“We apologize for the login and latency issues with our website. These issues have been corrected,” TD Ameritrade said on Twitter.

“Order status updates on Robinhood are no longer delayed,” Robinhood said in a statement. “If you place a new order, you should now receive timely order status updates as you would normally.”

Postings on Twitter indicated technical issues with Charles Schwab  (SCHW) – Get Report, E-Trade Financial  (ETFC) – Get Report, Vanguard Group and Robinhood.

“Sounds like the big boys are making their moves first and every else has to wait. Lol,” one commenter tweeted.

Many clients are experiencing high levels of slowness on the TD Ameritrade web platforms and the TD Ameritrade mobile app. We are working to address the issue as quickly as possible,” TD Ameritrade said on Twitter. 

Joe Saluzzi, partner and co-head of equity trading at Themis Trading, told MarketWatch that he has observed a wave of Tesla and Apple shares changing hands and he wondered whether this could be causing some problems with various online trading systems. 

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