Online Broker Sites Buckle Under High Traffic as Markets Fall
Monday's dramatic morning market plunge is enough to unsettle even the most steeled investor. But for some, the morning was made even more stressful by glitches reported at a number of major online brokerages.
Fidelity Investment, Charles Schwab (NYSE: SCHW),and Schwab acquisition target TD Ameritrade (NASDAQ: AMTD) all reported delays and outages on Monday morning due to higher-than-usual volumes. Fidelity's issues appear to have been particularly significant, with customers on Twitter posting screen shots showing their accounts zeroed out.
Source Fool.com