New York (CNN Business) Robinhood's highly-anticipated debut on Wall Street is getting off to a rough start. The fast-growing trading company failed to raise as much money as it had hoped. The IPO is raising $2.1 billion and Robinhood is expected to begin trading on the Nasdaq on Thursday under the ticker symbol "HOOD." But others say it's really the high-speed trading firms that are benefiting — otherwise they wouldn't be paying Robinhood for the order flow. If the SEC bans payment for order flow, it would deal a blow to Robinhood.

Source: CNN July 29, 2021 00:48 UTC