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Charles Schwab Breaks: "System Is Temporarily Unavailable"

It has not been a good week for the retail brokers: on Monday, TD Ameritrade infuriated thousands, when the system broke just as the market crashed, preventing countless retail traders from buying (or selling). This morning, it is Charles Schwab's fault. It is unclear is someone had a sizable sell order in the works, or this is just part of the new normal.


Schwab confirms:

We are experiencing some system issues, for the moment please cal 800-435-400 for urgent matters

— Charles Schwab Corp (@CharlesSchwab)

Wxpect the "system" to be fully operational once futures are back in the green.