The quasi-periodic DP 2 magnetic fluctuations (period of 30--40 min) appearing coherently at the auroral and equatorial latitudes during the day are analyzed based on the high time resolution magnetometer data recorded at the International Monitor for Auroral Geomagnetic Effects (IMAGE) stations in Scandinavia and at the Brazilian and African equatorial stations. It is shown that the correlation between the DP 2 magnetic fluctuations at both latitudes is excellent (correlation coefficient of 0.9). No discernible time shift has been found within the resolution of 25 s. The European incoherent scatter (EISCAT) radar observations in Scandinavia show that the DP 2 fluctuations at auroral latitudes are caused by an ionospheric Hall current which is controlled by the convection electric field. The DP 2 fluctuations exhibit a strong decrease in magnitude with decreasing latitude, however, it is enhanced considerably at the dip equator with an amplitude comparable to that at the subauroral latitude. The considerable equatorial enhancement of the magnitude of the DP 2 fluctuations with an enhancement ratio of 4 is due to the concentration of the electric current along the highly conductive dayside equatorial ionosphere. These observational facts can be explained in terms of an ionospheric current which is generated by the magnetospheric electric field at the high latitude and extends to the equatorial ionosphere almost instantaneously. From the viewpoint of the electric field penetration, we conclude that the magnetospheric electric field penetrates to the equatorial ionosphere through the polar ionosphere almost instantaneously within the time resolution of 25 s. The nearly instantaneous propagation of the electric field to the equator can be explained primarily by a parallel plane transmission line model composed of the conductive Earth and ionosphere. In addition to our finding of the fast propagation of the DP 2 electric field, it is found that an impulsive magnetic change with a timescale of 100 s appears at the dayside dip equator with a time delay of about 10 s, which requires to include the effect of the high conductivity of the dayside equatorial ionosphere in future studies of the propagation model. ¿ American Geophysical Union 1996