Asset Management

Hargreaves Lansdown apologises for web and app outages after ‘busiest ever’ day

'A combination of positive news regarding a Covid-19 vaccine and the US election outcome saw a global surge in investor activity,' said a spokesperson for Hargreaves Lansdown

Hargreaves Lansdown and AJ Bell — two of the UK’s biggest retail investment businesses — have moved to reassure investors after a surge in trading volumes caused intermittent outages across their platforms.

Hargreaves Lansdown, the UK’s largest share brokerage outfit with £107bn in assets and more than 1 million clients, apologised to thousands of customers who were unable to place trades on 9 November after markets were sent into overdrive following news of Covid vaccine breakthrough.

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