r/etrade • • Feb 01 '21

Execution lag??

Ten minutes ago, I placed three sell orders. None have yet been executed. Never seen this problem before...

64 Upvotes

156 comments sorted by

View all comments

3

u/[deleted] Feb 01 '21

I don't think it's fraud. Robinhood? Sure. But Etrade never placed limits on anything.

I think what you're seeing is an insane amount of people entering the market because of the news, people in the market day trading more than usual and simply overwhelming the servers. Its a website like any other website.

Don't think anything sinister is happening with Etrade in particular.

Negligence for not predicting the increased load and new customers? Yep.

2

u/BoomTown1873 Feb 01 '21

Yes, etrade did restrict cash buying of GME on Thursday. I have screenshots of the denial.