US fintech company Robinhood Markets is experiencing another trading issue on its platform just a week after the previous problem.
According to the platform's status page, Robinhood has been experiencing issues with equities, options and crypto trading.
Meanwhile, the company said on Twitter that trading had been partially restored on Robinhood and the team is working to get our platform fully back up and running.
Trading on Robinhood has been functional for new orders with the exception of fractional equities since at least 10:25 AM ET. We’ll continue to update our status page with the latest https://t.co/mON07oWvHy.— Robinhood Help (@AskRobinhood) March 9, 2020
Last week iHodl reported that Robinhood experienced technical issues due to the abnormally high trading volume. Back then the fintech platform's users were experiencing a lack of access to accounts and trading problems.
Last year the Financial Industry Regulatory Authority (FINRA) fined the U.S.-based fintech company $1.25 million for best execution violations related to its customers’ equity orders and related supervisory failures during 2016-2017.
Robinhood agreed to hire an independent consultant to conduct a comprehensive review of the firm's best-performing systems and procedures.
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