New version of Saxo Bank OpenAPI enhances Client Management, Portfolio service groups

Multi-asset trading and investment specialist Saxo Bank today released a new version of its OpenAPI, the backbone of trading platforms such as SaxoTraderGO. The latest version of the API enhances several service groups, including Client Management, Portfolio, Reference Data, and Trade.

In the Client Management group, for instance, a new section has been added to section “PersonalInformation”: “PoliticallyExposedInformation”. And, in the Portfolio group, a new section is added: “SpendingPowerDetail”. This replaces ShareSpendingPower, SpendingPower and SrcSpendingPower, which will be obsoleted on or after June 1st.

The company regularly updates its OpenAPI, which offers:

  • Access to all resources and functionality required to build a high-performance multi-asset trading platform.
  • Better integration with Saxo Bank for partners and affiliates through a growing set of resources, such as Saxo’s Onboarding API.

Saxo is planning a raft of updates to its OpenAPI. Saxo has scheduled the removal of certain methods for cash management in the client services service group – this should happen imminently now. The broker has also scheduled the introduction of support for HTTP/2 – on or after April 1st. Saxo expects this change to be non-breaking, but the bank still strongly encourages testing this already now.

Further, Saxo is planning the removal of a number of fields within the trading conditions in the Client Services group. The change is scheduled for June 1, 2022 (or after that date).

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