Saxo Bank updates OpenAPI, enhances Portfolio service group
Multi-asset investment specialist Saxo Bank announces a new release of its OpenAPI solution. The latest version of the OpenAPI enhances the Portfolio service group.
In particular, Saxo is adding a new field “SleepingOrderCondition” to the group.
The broker advises API users to keep an eye on planned changes. Currently, there are several such changes scheduled:
- The removal of certain methods for cash management in the client services service group – this should happen imminently now.
- Change in the value returned for the NetPositionId field – on or after May 1st.
- The removal of a number of fields within the tradingconditions resource in the client services service group and balances resource in the portfolio service group – on or after June 1st.
- Change of validation of corporate actions election.
Earlier in April, Saxo Bank enabled support for HTTP/2 and Akamai acceleration for its OpenAPI across all geographies.
This is 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.