Robinhood on Tuesday reported technical issues for a second day following an outage that kept clients from trading on a historic market rally. From a report: As U.S. stocks traded actively again in wake of a surprise Fed rate cut, Robinhood reported a “major outage” for trading across its platform. Earlier updates on the site said that all trading was “operational,” but Twitter users posted screenshots of error messages as U.S. markets opened Tuesday. “We are experiencing a system-wide outage,” a message on Robinhood’s website read. Technical issues began Monday morning and lasted throughout the trading day, leaving users with their hands tied as the Dow Jones Industrial Average’s biggest one-day point gain in history. In a volatile session Tuesday, stocks surged off their lows after the Federal Reserve cut interest rates in an effort to stem slower economic growth from the coronavirus outbreak.

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Source: Slashdot – Trading App Robinhood Experiencing ‘Major Outage’ For a Second Day Amid Heavy Volume Market Action