Many major trading platforms faced widespread outages during trading on Monday, amid the sharp declines seen in U.S. stock indices on Wall Street, and it appears that the record sell-offs have caused technical glitches on the major global trading platforms.

According to data from Downdetector.com, more than 15 users reported service outages on the Charles Schwab platform, around 3,200 users at Fidelity Investments, and over 2,800 at Vanguard.

Charles Schwab, which had 35.6 million active accounts at the end of June, acknowledged this outage through a tweet on its X account, stating that some customers may have difficulty logging into its platforms, and apologized to users, confirming that its teams are working to resolve the issue immediately.

Fidelity also addressed the issue related to outages on its X account, stating that it is aware that some customers may be experiencing login issues, adding that it is urgently working to resolve this problem, and also apologized to users.