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Written by Cho Evelína on May 2, 2023
FTC Disclosure

How To Buy Bed Bath & Beyond Stock (BBBY) Using Interactive Brokers In 2023

Bed Bath & Beyond (BBBY) is a well-known American retail store chain that sells domestic merchandise and home furnishings.

If you are interested in buying BBBYQ stock using Interactive Brokers, you can follow the steps outlined below.

NOTE: BBBY was delisted from the NASDAQ, meaning you can only trade Bed Bath & Beyond through the OTC markets. Learn more here.

Step 1: Open an Interactive Brokers account and fund it

The first step is to open an account with Interactive Brokers and fund it.

You can do this by visiting the Interactive Brokers website and following the instructions for account opening and funding.

Once your account is funded, you are ready to move on to the next step.

Step 2: Log in to TWS (Trader Workstation)

After funding your account, you need to log in to the TWS (Trader Workstation).

To do this, follow these steps:

  1. Download and install the TWS software by accessing TWS downloads from the login menu on the Interactive Brokers website or by going to trading TWS software.
  2. After installing TWS, double-click the TWS icon on your desktop to log in.
  3. Enter your username and password, and select either live trading or paper trading from the trading mode drop-down.
  4. Choose your preferred color palette for TWS classic, dark, or light.
  5. Click on the login button.

Step 3: Use the Mosaic workspace to buy BBBY stock

Once you have logged in to the TWS, you can use the Mosaic workspace to buy BBBYQ stock.

Follow these steps:

  1. Click on the New Window button and select the Stocks tab.
  2. Type BBBYQ in the search bar, and select it from the dropdown menu.
  3. Click on the Buy button to open the order entry window.
  4. In the order entry window, select the account you want to use, enter the quantity of shares you want to buy, and select the order type (e.g., market, limit, stop).
  5. Enter any additional parameters for your order, such as the duration and price limit.
  6. Review your order details and click on the Submit button to place your order.

Step 4: Monitor your order

After placing your order, you can monitor its status in the TWS Order Status panel.

If your order is filled, you will see the trade details in the TWS Trade Log.

Final Thoughts

In conclusion, buying Bed Bath & Beyond stock using Interactive Brokers is a simple and straightforward process.

By following the steps outlined above, you can quickly and easily purchase BBBY shares.

However, it is important to note that investing in the stock market involves risk, and you should do your due diligence before making any investment decisions.

This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.

Article written by Cho Evelína

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