German online broker Trade Republic suffers outage as stocks tank, media report

GME

FRANKFURT (Reuters) - The German online broker Trade Republic suffered an outage on Monday as stocks fell in a global rout, German media reported.

The scale of the outage, reported by Bild and other news organizations, was not immediately clear.

Trade Republic wasn't immediately able to comment.

The online broker is among Germany's most popular. The company has 8 million customers in 17 countries with assets of 100 billion euros ($109.76 billion), according to its website.

Trade Republic's trading was disrupted on its platform in 2021 when there was a surge in trading due to dealings in Gamestop, Blackberry and other stocks at the centre of a tussle between retail investors and big hedge funds.

($1 = 0.9111 euros)

(Reporting by Tom Sims, Editing by Miranda Murray)