Brokerage outage: Schwab blames high trading volumes and a technical issue

Outage tracking site Downdetector reported that nearly 14,500 Schwab users could not access the site; more than 3,600 users reported problems with Fidelity.

Charles Schwab & Co. said on Tuesday that high trading volumes and a technical issue with a key vendor triggered temporary outages on its trading platform on Monday, a day when its customers rushed to navigate an outsize market sell-off.