Interactive Brokers Hit by ‘Significant Failure’ on System - futures io
futures io



Interactive Brokers Hit by ‘Significant Failure’ on System


Discussion in Brokers

Updated
    1. trending_up 2,134 views
    2. thumb_up 18 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Interactive Brokers Hit by ‘Significant Failure’ on System

(login for full post details)
  #1 (permalink)
 Big Mike 
Site Administrator
Swing Trader
Data Scientist & DevOps
Manta, Ecuador
 
Experience: Advanced
Platform: Custom solution
Trading: Futures & Crypto
 
Big Mike's Avatar
 
Posts: 50,131 since Jun 2009
Thanks: 32,602 given, 98,794 received

Ordinary investors were effectively locked out of their brokerage accounts on Monday as a top online trading platform, Interactive Brokers, was crippled by technical trouble.

The news coincided with a brief and apparently unrelated outage at Robinhood Markets, the one-click trading app whose popularity has surged during the pandemic. The twin outages infuriated many investors, who took to Twitter to excoriate the companies for cutting them off from the markets at the start of the week.

https://www.bloomberg.com/news/articles/2020-12-07/interactive-brokers-users-report-problems-with-trading-platform


Sent using the futures.io mobile app

We're here to help -- just ask

For the best trading education, watch our webinars
Searching for trading reviews? Review this list

Follow us on Twitter, YouTube, and Facebook

Support our community as an Elite Member:
https://futures.io/elite/

Visit other sites? Please spread the word about your experience with our community!
Follow me on Twitter Visit my futures io Trade Journal Started this thread Reply With Quote
The following 9 users say Thank You to Big Mike for this post:

Can you help answer these questions
from other members on futures io?
Portfolio Management Tool/Software
Psychology and Money Management
Color templates for MT5 40 items
Platforms and Indicators
Does it affect the long run performance if I forcibly cl …
Emini and Emicro Index
Platform/Trade Issue/Question
Emini and Emicro Index
Eurex Denali vs dxFeed
Sierra Chart
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Webinar: Happy Hour w/Cem Karsan
30 thanks
Avoiding Account Killing Freight Trains
20 thanks
Losing faith...
18 thanks
Fail to Plan - Plan to Fail: What can go wrong?
13 thanks
Al Brooks Trading Course (www.brookstradingcourse.com)
13 thanks
 
(login for full post details)
  #2 (permalink)
 Pa Dax 
Legendary Price Action Scientist
Netherlands
 
Experience: Advanced
Platform: NinjaTrader, IB TWS
Broker: InteractiveBrokers, CQG
Trading: ES
 
Pa Dax's Avatar
 
Posts: 1,096 since Oct 2017
Thanks: 1,695 given, 5,637 received

In my experience, outages on Monday are almost always caused by weekend maintenance. Don't know if its their back end provider or due to themselves. I guess we just wait or move to the backup account.

Sent using the futures.io mobile app

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Pa Dax for this post:
 
(login for full post details)
  #3 (permalink)
 sam028 
Site Moderator
 
 
sam028's Avatar
 
Posts: 3,680 since Jun 2009
Thanks: 3,793 given, 4,520 received


"Some of you experienced service interruptions or outages today due to a failure in IBKR’s systems, which are built upon a sophisticated “High Availability” data system provided and serviced by a leading technology vendor. The system was specifically designed to minimize the likelihood of the kind of technology failure that we experienced and it has performed well to date. Nonetheless, it did not work as expected today.
"

Sophisticated == unreliable, nothing new.
While this outage may have been very painful for a lot of people, IB has been quite good over the years.

Success requires no deodorant! (Sun Tzu)
Follow me on Twitter Reply With Quote
The following 8 users say Thank You to sam028 for this post:


futures io Trading Community Trading Reviews and Vendors Brokers > Interactive Brokers Hit by ‘Significant Failure’ on System


Last Updated on December 8, 2020


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing

Your Charts Should Speak To You w/Bob Cometta

Elite only
 

Our 12-year anniversary w/ $$,$$$ prizes (check soon)

August
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada), info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts