IB TWS API delayed order submission

No I send LIMIT orders

 

I see, it is weird because if I submit the order in TWS it gets submitted instantly

 

the UI gives you immediate feedback, but it takes time to be routed into their "SMART" routing algo

 

it's not a LIMIT order if it gets filled at a worst price you expected, or maybe you were not clear in your explanation

 

what do you mean UI?

 

it is because there is a delay in submitting the order that I get a worse price.

 

User Interface. All the nice shiny bells, whistles and graphs on your TWS screen.

 

ok so you mean it gives the illusion it is submitted instantly but its not?

 

I don't know. I never use TWS. It could be that TWS tells you when it has sent your order to IB's servers, which may seem instantaneous to you. And not inform you about the steps afterwards. The steps afterwards can be seen by the color coding that is used in TWS: there's a little symbol in front of the order line and its color can change to indicate a change in status. I don't know further details about it.

 

ok I see. Thanks a lot