New version of Saxo Bank’s OpenAPI for Excel supports Level 2 market data

Maria Nikolova

The first release of the solution in 2020 further expands the add-ins features with support for Level 2 market data.

Multi-asset trading services provider and fintech expert Saxo Bank today announced the release of a new version of its OpenAPI for Excel.

Version 1.3.4 marks the first release of the solution in 2020. It further expands the add-ins features with support for Level 2 market data, and addresses some minor bugs that affected a couple of the users where localization settings in Windows affected Excel’s behavior.

Additionally, streaming functionality has been restored following unannounced changes in Microsoft Office updates for Excel versions 2019 and 365.

In September 2019, the broker released version 1.3.1 of the solution, which included an important upgrade to the security protocols used by the Excel add-in to connect to Saxo’s services. The upgrade is strongly recommended for all users.

The preceding version saw a raft of potentially breaking changes for users. Trade functions are now deprecated and removed from the add-in. This important change comes on the back of developments in the market requiring applications with trade access to declare order types (manual or automated). The required changes are minor for most clients, and performance improvements can be expected when switching over from the now-deprecated trade UDFs.

This change only applies to clients that use Excel to place trades. Also, with version 1.3.0, all UDFs in the “OpenAPI Trading” category have been removed from the add-in.

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