I already initiated transfer of all holdings from RH. For everyone interested you can do the same: https://robinhood.com/us/en/support/articles/360001226666/tr...
Robinhood Is Down Again?
51–60 of 116 posts
Re: Robinhood Is Down Again?
#52It's a shame. I was rooting for Robinhood, since they really did disrupt the brokerage industry. I suspect two days in a row of this will be a death knell for them.
I don’t actively trade stocks but I’ve looked at it. What exactly does robinhood do that etrade didn’t? (Other than the shiny app and front running being a formal part of the business model.)
Advertise on instagram?
Re: Robinhood Is Down Again?
#53I already initiated transfer of all holdings from RH. For everyone interested you can do the same: https://robinhood.com/us/en/support/articles/360001226666/tr...
Which, hilariously, will cost you 75 dollars. Man, Robinhood is in for quite the lawsuit.
Re: Robinhood Is Down Again?
#54I'm a QA engineer and this is freaking infuriating. I just went on Linkedin and 0 QA engineers. Just some QA associates that have no tech backgrounds. And one QA Engineer opening. I wonder how long it's been open? How does a trading platform not have a big team of QA engineers? Some dev managers, devs are so freaking arrogant. They think since they aren't coding, they aren't smart and they aren't important. This isn'…
Yeah, agreed. Makes me also wonder how secure my information is with them. Definitely not ideal.
Re: Robinhood Is Down Again?
#55As a fellow software engineer, I feel for the people who work there.
As a customer who lost a decent chunk of money yesterday (and today) because their system was down, I'm angry.
I hate to say this, but I do not think they're competent enough to continue to operate as a broker. I, for one, will move all my money off as soon as I can. I'm also going to file a complaint with finra[1].
[1] https://www.finra.org/investors/have-problem/file-complaint/...
Re: Robinhood Is Down Again?
#56It's a shame. I was rooting for Robinhood, since they really did disrupt the brokerage industry. I suspect two days in a row of this will be a death knell for them.
I don’t actively trade stocks but I’ve looked at it. What exactly does robinhood do that etrade didn’t? (Other than the shiny app and front running being a formal part of the business model.)
For a while they were the only no commission player. Now that virtually everyone offers this there is not much to differentiate them but having a simpler interface. On the other hand the interface is simpler because it offers fewer securities/derivatives
Re: Robinhood Is Down Again?
#57Earlier quoted context omitted.
I haven't looked into the technical credibility of this at all [EDIT: I should have more strongly indicated my doubt here], so this isn't any sort of condemnation on my end, but I thought the Leap Day theory was interesting: https://twitter.com/jtech63/status/1234600045787394048
There was a discussion last night about this. Some of the more technically competent posters dismissed it because it's unbelievable that a financial platform would roll their own date-time implementation.
While I agree in spirit (Occam tells me it was just unprecedented load), that explanation doesn't make any sense to me in terms of disproving the Leap Year theory. The mistake wouldn't even have to be in their code.
As for believing/unbelieving, I mean, I've seen dumber mistakes in financial products I've worked on. Not as high stakes or damaging, but definitely dumber.
Re: Robinhood Is Down Again?
#58Is this due to their Kafka infrastructure being down? Their tweet last night alluded to it.
Re: Robinhood Is Down Again?
#59Is this due to their Kafka infrastructure being down? Their tweet last night alluded to it.
There are some rumors that it's leap year related. Apparently, it happened 4 years back too
Re: Robinhood Is Down Again?
#60I'm a QA engineer and this is freaking infuriating. I just went on Linkedin and 0 QA engineers. Just some QA associates that have no tech backgrounds. And one QA Engineer opening. I wonder how long it's been open? How does a trading platform not have a big team of QA engineers? Some dev managers, devs are so freaking arrogant. They think since they aren't coding, they aren't smart and they aren't important. This isn'…
As someone who also needs to explain the importance and nuance of QA engineering to my startup partners, do you have any go-to resources you use to describe/sell the position? Genuinely want to expand my ability to speak to the role.