code.vegaprotocol.io/vega@v0.79.0/core/integration/features/spot/orders/0032-PRIM-023.feature (about)

     1  Feature: Spot market
     2  
     3    Background:
     4      Given time is updated to "2024-01-01T00:00:00Z"
     5  
     6      Given the following network parameters are set:
     7        | name                                                | value |
     8        | network.markPriceUpdateMaximumFrequency             | 0s    |
     9        | market.value.windowLength                           | 1h    |
    10      
    11      Given the following assets are registered:
    12        | id  | decimal places |
    13        | ETH | 2              |
    14        | BTC | 2              |
    15  
    16      Given the fees configuration named "fees-config-1":
    17        | maker fee | infrastructure fee |
    18        | 0.01      | 0.03               |
    19      Given the log normal risk model named "lognormal-risk-model-1":
    20        | risk aversion | tau  | mu | r   | sigma |
    21        | 0.001         | 0.01 | 0  | 0.0 | 1.2   |
    22      And the price monitoring named "price-monitoring-1":
    23        | horizon | probability | auction extension |
    24        | 3600    | 0.999       | 1                 |
    25  
    26      And the spot markets:
    27        | id      | name    | base asset | quote asset | risk model             | auction duration | fees          | price monitoring   | decimal places | position decimal places | sla params    |
    28        | BTC/ETH | BTC/ETH | BTC        | ETH         | lognormal-risk-model-1 | 1                | fees-config-1 | price-monitoring-1 | 2              | 2                       | default-basic |
    29  
    30      # setup accounts
    31      Given the parties deposit on asset's general account the following amount:
    32        | party  | asset | amount |
    33        | party1 | ETH   | 10000  |
    34        | party1 | BTC   | 1000   |
    35        | party2 | ETH   | 10000  |
    36        | party4 | BTC   | 1000   |
    37        | party5 | BTC   | 1000   |
    38      And the average block duration is "1"
    39  
    40      # Place some orders to get out of auction
    41      And the parties place the following orders:
    42        | party  | market id | side | volume | price | resulting trades | type       | tif     |
    43        | party1 | BTC/ETH   | buy  | 1      | 1000  | 0                | TYPE_LIMIT | TIF_GFA |
    44        | party5 | BTC/ETH   | sell | 1      | 1000  | 0                | TYPE_LIMIT | TIF_GTC |
    45  
    46      And the opening auction period ends for market "BTC/ETH"
    47      When the network moves ahead "1" blocks
    48      Then the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "BTC/ETH"
    49      And the mark price should be "1000" for the market "BTC/ETH"
    50  
    51    Scenario: Non-persistent order does not result in an auction (1 out of 2 triggers breached),
    52              order gets cancelled (never makes it to the order book) (0032-PRIM-023)
    53  
    54      # Check that the market price bounds are set 
    55      And the market data for the market "BTC/ETH" should be:
    56        | mark price | trading mode            | horizon | min bound | max bound | target stake | supplied stake | open interest |
    57        | 1000       | TRADING_MODE_CONTINUOUS | 3600    | 959       | 1042      | 0            | 0              | 0             |
    58  
    59    # Try to place an IOC order at a price that would trigger a price monitoring auction
    60     Given the parties place the following orders:
    61      | party  | market id | side | volume | price | resulting trades | type       | tif     | reference | error |
    62      | party1 | BTC/ETH   | buy  | 1      | 1050  | 0                | TYPE_LIMIT | TIF_GTC | pr-buy    |       |
    63      | party5 | BTC/ETH   | sell | 1      | 1050  | 0                | TYPE_LIMIT | TIF_IOC | pr-sell   | OrderError: non-persistent order trades out of price bounds |
    64  
    65     When the network moves ahead "1" blocks
    66     Then the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "BTC/ETH"
    67  
    68     And the orders should have the following states:
    69      | party  | market id | reference | side | volume | remaining | price | status         |
    70      | party5 | BTC/ETH   | pr-sell   | sell | 1      | 1         | 1050  | STATUS_STOPPED |
    71  
    72    # Try to place an FOK order at a price that would trigger a price monitoring auction
    73     Given the parties place the following orders:
    74      | party  | market id | side | volume | price | resulting trades | type       | tif     | reference | error |
    75      | party5 | BTC/ETH   | sell | 1      | 1050  | 0                | TYPE_LIMIT | TIF_FOK | pr-sell2  | OrderError: non-persistent order trades out of price bounds |
    76  
    77     When the network moves ahead "1" blocks
    78     Then the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "BTC/ETH"
    79  
    80     And the orders should have the following states:
    81      | party  | market id | reference | side | volume | remaining | price | status         |
    82      | party5 | BTC/ETH   | pr-sell2  | sell | 1      | 1         | 1050  | STATUS_STOPPED |
    83  
    84