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Robinhood and Interactive Brokers experience server outage

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Old 10-12-2020, 18:33
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Join Date: Nov 2018
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Default Robinhood and Interactive Brokers experience server outage

On December 7th two of the major players on the forex market – Interactive Brokers and Robinhood - experienced significant technical difficulties, with their clients being unable to log into their accounts or trade. Robinhood has not issued any statement on the matter apart from a “service disruption” status on their website.
Interactive Brokers, at least, tweeted about it and said the problem was due to a “significant failure in multiple segments of a highly resilient data storage system”, which was a server farm that was provided by a third party. Apparently the disruption lasted well over an hour.
Making their clients wait that long before fixing the issue is not a good look. Then again, Robinhood looks even worse for their even poorer communication.
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