Latest version of Saxo Bank’s OpenAPI for Excel offers substantial speed improvements

Maria Nikolova

In particular, clients using the app in Asia are set to notice significant improvements in performance.

Multi-asset trading and fintech services provider Saxo Bank has rolled out a new version of its OpenAPI for Excel

The latest version of the solution (1.2.1) includes an important update to OpenAPI for Excel’s request/response performance that significantly increases the pace at which the add-in communicates to the OpenAPI. Saxo says that speed improvements of 50-75% can be achieved using this new version. In particular, clients using the app in Asia are set to notice significant improvements in performance.

The preceding version of Saxo’s OpenAPI for Excel, released less than a month ago, was enhanced with some useful features that were requested by Saxo API’s users. Updates include refresh options (to either refresh all OpenAPI formulas in the workbook, or just for the single sheet), fixes made to the trading functions in preparation of upcoming requirements, and a fix to properly handle data from OpenAPI endpoints that follow a non-standard data model (such as the AutoTrade endpoint).

Version 1.1.1 of the API, which was rolled out in April 2019, offered improved authentication flow, reverse-populating Formula Builder window, updates to trading functionality, improved data handling, and a long list of bugs resolved, that update marked a milestone with regards to the evolution of the solution.

Version 1.1.1 of the API made logging in easier. Instead of opening a side bar and resizing the Excel window, the login prompt now appears as pop-up. In addition, it runs a few quick checks before handing control back to the user to ensure a smooth transition into the app without hiccups.

Also, that version enabled the Formula Builder to be used in reverse, which means it has become extremely easy to adjust a formula quickly and pull out updates. Users have to select any part of the array that is returned on the sheet and click the Formula Builder button.

Finally, the User-Defined Functions (UDFs) that are included in the add-in got proper built-in documentation with correct naming and help URLs sending users straight to the Function Documentation section on this website.

Read this next

Chainwire

BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

Platinum Spotlight: BloFin dazzles as the top sponsor of TOKEN2049 Dubai, elevating its status with the electrifying WhalesNight AfterParty 2024. Celebrate blockchain innovation and join the night where industry leaders and pioneers connect.

Institutional FX

Eddid helps HK crypto platforms with Bitcoin and Ether ETFs

The brokerage firm will help SFC-licensed virtual asset trading platforms with Bitcoin and Ether ETFs in Hong Kong.

Digital Assets

Cboe can save up to $15 million by closing crypto exchange

“Refocusing our digital asset business enables us to refine our strategy, leveraging our core strengths in derivatives, technology excellence and product innovation to help maximize opportunities for our business and deliver efficiencies for Cboe and our clients.”

Fintech

Sumsub adopts Europe’s new KYC standards for crypto

“Businesses are facing a rising regulatory tide where properly preparing for compliance is crucial. There is now a simple choice, whether to implement solutions that can deliver this, or instead risk significant financial and reputational damages.”

Chainwire

Bybit Web3 Launches Industry’s First Bitcoin Layer 2 Airdrop Campaign, Paving the Way for a New Bitcoin Era

Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce that Bybit Web3 is launching the industry’s first Bitcoin Layer 2 Airdrop campaign through its Airdrop Arcade.

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

<