Saxo Bank makes changes to Client Services group in OpenAPI
Multi-asset investment specialist Saxo Bank continues to enhance its OpenAPI, with another version just released.
The latest release implements changes to the Client Services group in OpenAPI. In particular, all endpoints under /cs/v2/cashmangement/withdrawals have been removed. The changes were supposed to be implemented in January 2022 but, instead, were made in May 2022.
If you are using any of these endpoints, you should be switching to the equivalent endpoints in the AssetTransfers service group:
- atr/v1/cashmanagement/beneficiaryinstructions – to get a list of a clients registered beneficiary instructions
- atr/v1/cashmanagement/withdrawallimits – to retrieve the maximal amount which can be withdrawn
- atr/v1/cashmanagement/withdrawals – to submit a cash withdrawal request.
In April, Saxo introduced HTTP/2 and Akamai acceleration for its OpenAPI.
These changes were made to optimize performance. Saxo expects this to be non-breaking for almost all of its client applications.
Akamai is a network acceleration provider, which ensures faster and more reliable connectivity from network endpoints to Saxo Banks data centers. Saxo is already using Akamai network acceleration for all connections outside of Europe. After the change Saxo will also accelerate connection for all clients residing within Europe.
HTTP/2 is the successor of HTTP/1.1. With HTTP/2, multiple bidirectional streams are multiplexed over a single TCP connection. Each stream can carry a request/response pair, and multiple requests to a server can be made by using multiple streams.
This functionality essentially provides standard support for “batching” of requests, and it means that going forward you will get the benefit of parallel execution of requests without using Saxo’s current proprietary batching mechanism.
Saxo regularly updates its OpenAPI. It 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.