Multi-asset investment specialist Saxo Bank has announced changes that will affect introducing brokers (IBs) using its OpenAPI.
The change will impact the following endpoints:
- POST cm/v1/signups
- GET cm/v1/signups/options (will be removed)
- GET cm/v2/signups/options
As a part of Saxo’s risk model enhancement, Nature of Business (NOB) will be extended with a new set of possible values for NOB. In addition, each NOB value now belongs to a Category, and it is important that both the NOB value and its category is presented to the user.
This requirement will start being enforced from December 1, 2025. Everything has already been released today, both the new mapping logic on the cm/v2/options endpoint and the NatureOfBusinessWithCategory property on the cm/v1/signups endpoint, so Saxo recommends that you start implementing the required changes well ahead of the deadline.
After the deadline the old cm/v1/options endpoint that does not include the parent property mapping logic will be removed.
More details on the change can be found here.