This summary text is fully AI-generated and may therefore contain errors or be incomplete.
The recent global tech outage has caused disruptions for major trading platforms such as Schwab, E*Trade, and Merrill Edge. These disruptions are due to issues affecting CrowdStrike and Microsoft.
Impact on Trading Platforms
Schwab has acknowledged that certain online functionality may be intermittently slow or unavailable as a result of a third-party, industry-wide problem. This has led to frustration for active traders, as the inability to trade could potentially result in financial losses.
Investors and industry observers are closely monitoring the impact of the outage on trading activities as brokerages work to resolve the issues.
Industry-Wide Problem
The outage has affected multiple trading platforms, causing intermittent slow or unavailable online functionality. This has raised concerns among active traders about potential financial losses due to the inability to trade.
Brokerages are working to resolve the issues, and the impact of the outage on trading activities is being closely monitored by investors and industry observers.
📎 Read the original article on marketwatch.com
