Trade Republic

skjom24

Registered User
Messages
19
Seems Trade Republic has suspended trading on the app this morning or otherwise they are overwhelmed.

Wondering the safety of the cash deposits with these neo banks if a meltdowns is imminent ...
 
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).
 
selling at the first opportunity
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 was buying at the first opportunity - best price I’ve gotten in over a year!
I'll be buying on schedule later in the week.

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!
 
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