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E*Trade Website Goes Down as Fed Comments Spur Volume Surge

Some E*Trade Financial Corp. customers were briefly unable to access their brokerage accounts today, locking them out of the market as comments from the Federal Reserve spurred a surge in trading.

The New York-based brokerage announced the disruption via Twitter at 1:07 p.m. New York time, saying “We know you may be having difficulty accessing etrade. We are working to quickly restore full access and apologize for the inconvenience.”