Extremely high transactions in DITO, C, and NOW challenged the systems of stock market brokers and experienced slowdown in their platform's system performance.
COL Financial Group, the country’s leading online trading platform apologized yesterday for the inconvenience that some clients experienced for the system lag amid overwhelming volume of trades coming from the most active traded stocks of the day.
READ: COL Financial apologizes anew over system lag issue
COL said they had to do an emergency reset in their system due to some technical difficulties.
An online petition has been launched as well asking stock broker COL Financial Group be held accountable and compensate the stock market traders for its losses due to inaccessible website.
READ: Petition launched calling COL to be held liable for trading losses
Source: Peso Economics
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