Interactive Brokers: execution latency on ASX

[derenik]

How much time does it usually take from order submission to acknowledgment when trading options/shares on ASX with IB? I'd like to get a rough figure of what could be the latency when modifying orders.
Do I understand it right that IB's servers are in HK and when I place an order it goes to HK and routed back to ASX? Can'y find any info on IB site...

Thanks a lot for help!

 

[captain black]

I've always had orders show up instantaneously in market depth using IB, so no issues with latency.

 

[derenik]

Yeah, I guess so. But I'm going to run a latency-sensitive algo through IB API and I'd like to know which is the average latency in milliseconds. It might cost me if I try to get that info myself when going live. I'm hoping someone already runs some sort of latency-sensitive algo and willing to share some info on this stuff.

 

[captain black]

Yeah, I guess so. But I'm going to run a latency-sensitive algo through IB API and I'd like to know which is the average latency in milliseconds. It might cost me if I try to get that info myself when going live. I'm hoping someone already runs some sort of latency-sensitive algo and willing to share some info on this stuff.

Ah, ok, you didn't mention that originally

There's a TWS API yahoo group that's fairly active. Might get answers there if you have no luck here.

http://finance.groups.yahoo.com/group/TWSAPI/