Skip to content
Saturday 22 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,816.56
+0.64%
DAX
26,136.56
+0.59%
CAC 40
8,484.43
+0.37%
STOXX 50
6,462.22
+0.63%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Friday 24 June 2016 11:45 am

The systems of some of the UK’s biggest brokers are straining under post-Brexit demand

By: Billy Bambrough

Add as a preferred source on Google

Some of the UK's biggest brokers are struggling to keep up with demand as investors rush to sell following the vote for the UK to leave the European Union. 

Hargreaves Lansdown, AJ Bell and TD Direct Investing have all said they've had difficulties getting prices from market makers following the market open at 8am. 

Some of the UK's banks put measures in place this morning to rein in trading as the vote appeared more certain.

Read more: Banking stocks rule the roost on EU referendum day

Hargreaves has published a note on its site saying:

All Hargreaves Lansdown systems are working normally. Unusual trading conditions mean the stock market may not return prices for certain stocks in some circumstances. This could mean some clients experience temporary difficulty trading.

Disgruntled traders and market watchers took to Twitter to express their frustration. 

same with AJ bell.
should ALWAYS be a market to buy and sell during market hours prices may not be favourable,

— I Dont Suffer Fools official 🇬🇧 🇬🇧 🇬🇧 🇬🇧 (@Xyz2491) June 24, 2016

Hargreaves Lansdown update: @DannyCoxHL says share dealing has worked all morning but 'at times can't get prices from the market makers'.

— Investment Trust Insider (@FundFanatic) June 24, 2016

Can't trade anything online with Hargreaves Lansdown today, makes it all a bit pointless really.

— The Financial Trader (@Devon_Trader) June 24, 2016

AJ Bell, which has £28bn of assets under administration, said trading volume was up by around five times this morning.

TD Direct said it was racking up triple volumes over an average trading day.

Read more: Here's what Brexit might do to your tax bill

There has been a mixed reaction to how people are trading. TD Direct said customers were mainly selling, while Interactive Investor, which reckons trading volumes are 10 times normal levels, is forecasting almost two-thirds of transactions as buys.

Details of trading trends among retail investors will not be available until later today. 

[custom id="161"]

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Jobs and Money
  • News

Categories

  • Business
  • Investing
  • Money
  • Politics

Trending Articles

  • House prices in wealthy London boroughs fall by up to £300,000

  • As it happened: FTSE 100 rallies after JD Sports drags on blue chips; oil jumps again

  • Mike Ashley’s Frasers offers to pay personal shoppers in Harvey Nichols takeover

  • Ratcliffe’s Ineos saves Runcorn plant

  • Amazon says it buys books in bulk to ‘improve products’

More from Morning Wire

  • Hargreaves Lansdown orders staff back to office

    Investing
    Hargreaves Lansdown financial services office exterior with company logo prominently displayed on modern building façade
  • Retail investors are returning to UK markets

    Opinion
    Union Jack flag with Big Ben clock tower and Houses of Parliament in London, UK
  • IPOs aren’t the new meme stocks

    Opinion
    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform
  • As it happened: Oil prices tumble as Bessent says US-Iran deal imminent; miner stocks rally

    Markets
    Scott Bessent, a man with gray hair and glasses, wearing a blue suit and striped tie, looking to the side.
  • Admiral profit slides as boss eyes push into EV insurance

    Insurance
    Admiral has reported a bumper set of results
  • Tui hit by Middle East travel chaos and rising fuel costs

    Transport & Infrastructure
    TUI airline crew, pilots and flight attendants, smiling on aircraft stairs with the TUI tail logo in the background
  • Interactive Brokers Adds Brazilian Futures through Brazil’s B3 Exchange

    Business Wire
  • Interactive Brokers Adds Access to the Bucharest Stock Exchange, Offering Access to One of Europe’s Strongest-Performing Markets of 2025

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook