The German online broker Trade Republic suffered an outage on Monday as stocks fell in a global rout, German media reported.The scale of the outage, reported by Bild and other news organizations, was not immediately clear.Trade Republic wasn't immediately able to comment.The online broker is among…
www.tradingview.com
Sorry, paywalled, but the headline/summary gives the gist.
A lot of people selling at the first opportunity this morning I'd imagine.
Berkshire Hathaway had dropped so far so fast when I checked my Trading212 account I though Warren Buffet had died during the night. He seems to be alive and well (and explicitly denying expressing any support for the recent events which have caused investor panic).
I was buying at the first opportunity - best price I’ve gotten in over a year!
The app was a bit sluggish, but the order went through fine - and all has been working normally for hours now.
Cash deposits in TR are held in big partner banks, as they describe in their docs. JPMorgan, HSBC, Citi - and are all covered by the DGS in Germany, like any other bank there.
I see Nasdaq 100 has gone from 3.5% in the red to 3.5% in the green over the course of half an hour- and then bounced down & back up 1% literally as I was typing that!