Leaderboard

ain't no "discount" worth this.

Depending on their client's positions that are assigned, what happens to them over the weekend, and their operating cash, this could easily bankrupt them. I wonder if brokerages have insurance underwriters for such issues. Yes you absolutely can sue them, but if they go under you are just one of tens of thousands of creditors. Not trying to create a panic as I obviously have no idea what Tradier's operating structure looks like but similar things absolutely have happened to brokerages causing them to go bankrupt and account holders became bag holders. Just another reason to keep your accounts small, distributed, and the largest ones with the most reputable firms. I would guess total catastrophe is unlikely, but I wouldn't expect any benevolence or generosity when it comes to settling assigned/expired positions.

Zero incentive to stay with them - this week was disastrous - cannot place / change / close orders during fast moving market conditions and a full day outage today is their nemesis - moving to the new RH Legend Platform 🙂

I don't think any disclaimer is going to get you off the hook for not allowing trading at all for 5+ hours during a trading day. They're going to have to make it right or will probably get sued out of existence by anyone with serious money on the line. They may have lucked out in that it was a pretty stable day in the market and we didn't blast 1 or 2% in either direction.

That is very disingenuous not to have the other outages posted that prevented people from trading.

I guess we will all be looking a lot closer for a better broker to trade with.

Same on my mobile application and the Dashboard. Must be a glitch but hope they resolve it soon….

I've been using Public to do earnings trades for a couple weeks (including double diagonals). Their spread trading features might still be in beta (they gave me early access when I requested it), and there have been some growing pains, but their platform seems to generally be quite stable. The word is still out on execution quality. At least once I couldn't get a fill on Public but then tried the same order on tradier and got an instant fill, but the orders were not open at the same time so it's possible timing factored in. They should be sending things to the same exchanges any low-cost broker would prioritize, so I wouldn't expect a huge difference to tradier there, but I know one thing that can make a big difference at times is which liquidity providers they sell most of their order flow to. Each broker usually has their own list of providers and priorities within the list. You can look up the data in their filings but they may still be finding their footing in that area since they are pretty new. Usually, you can tell your order was internalized with a liquidity provider when it is instafilled, vs sent to the exchange and sits open on the orderbooks. Different list of liq providers can lead to orders filling right away on some brokers and not on others, but it wont necessarily always be better on one broker vs another.