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> Broker apps like Robinhood will be absolutely overwhelmed with sell orders Shouldn't be possible. Most of the messages to the orderbook, by orders of magnitu
by lordnacho 6y ago
> Broker apps like Robinhood will be absolutely overwhelmed with sell orders
Shouldn't be possible. Most of the messages to the orderbook, by orders of magnitude, would be market makers doing add/cancel, which isn't something that comes from RH anyways.
How often is one particular user going to send in an order? 10 times a day if they're particularly busy? Doesn't touch the sides. The internet facing gateways can be scaled up easily if that's even needed, they aren't latency sensitive. The inside towards the exchange can be made extremely fast.
I've built systems that do this.
- treis 6y agoA system could be built to handle this. Robinhood's likely hasn't been considering the notable outages they've had.
- JW_00000 6y agoRobinhood experienced several outages in March 2020 because of large volumes of trading. [1] https://www.cnbc.com/2020/03/09/robinhood-app-down-again-during-another-historic-trading-day.html https://www.cnbc.com/2020/03/09/robinhood-app-down-again-dur...
- dillondoyle 6y agoI'm on schwab. I had a hard time executing my sell. Luckily got it around $450 haha. But only 1 share for fun. I think I had to try like 8 times for it to go through. I also had a hard ish time canceling pre-market limit orders.