Multi-asset investment specialist Saxo Bank has announced planned changes to its OpenAPI concerning asset type for crypto FX.

Today all Saxo’s Crypto FX pairs have the AssetType “FxSpot”, with the DisplayHint value of “CryptoCurrencies”. Saxo will soon move these instruments to have their own AssetType called “FxCrypto” with no DisplayHint value.

The impacted instruments are those with UICs:

• 21700189 (BTCUSD – Bitcoin/US Dollar)
• 21750301 (ETHUSD – Ethereum/US Dollar)
• 21776927 (BTCEUR – Bitcoin/Euro)
• 21776932 (ETHEUR – Ethereum/Euro)
• 21776937 (BTCJPY – Bitcoin/Japanese Yen)
• 21776938 (ETHJPY – Ethereum/Japanese Yen).

To prepare for this change, your application be must adjusted to handle both AssetTypes being returned for these instruments in your code. This will ensure that you will not experience interruptions once the changes take effect.

For requests sent to OpenAPI, FxSpot should be kept until this change has been rolled out. Saxo will keep accepting FxSpot together with the above mentioned UICs for the foreseeable future, but after you start receiving these instruments back as FxCrypto, you’re welcome to start sending in FxCrypto as the AssetType for requests as well.

The changes are poised to be implemented in May 2025.