Saxo Bank to remove Trade on Quote functionality from OpenAPI
Multi-asset investment specialist Saxo Bank plans changes to its OpenAPI, which are set to be implemented in October 2023.
Due to high complexity and low usage, Saxo will be deprecating the Trade on Quote trading flow from OpenAPI. Saxo will remove the POST trade/v1/positions endpoint.
The only instruments impacted will be FX Options as all other asset types are traded via Saxo’s order based trading flow.
Saxo Bank regularly updates its OpenAPI. In a recent release, several service groups were enhanced.
In the Client Management service group a new section “AmlInformation” has been added to RenewalData.ProfileInformation. In the Reference Data service group, a new resource “DealCaptureChargeTypes” has been added.
Saxo Bank’s OpenAPI 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.