code.vegaprotocol.io/vega@v0.79.0/core/integration/features/verified/0032-PRIM-price_monitoring_lognormal.feature

Feature: Price monitoring test using forward risk model (bounds for the valid price moves around price of 100000 for the two horizons are: [99460,100541], [98999,101008])

  Background:
    Given time is updated to "2020-10-16T00:00:00Z"
    And the price monitoring named "my-price-monitoring":
      | horizon | probability | auction extension |
      | 60      | 0.95        | 240               |
      | 600     | 0.99        | 360               |
    And the log normal risk model named "my-log-normal-risk-model":
      | risk aversion | tau                    | mu | r     | sigma |
      | 0.000001      | 0.00011407711613050422 | 0  | 0.016 | 2.0   |
    And the markets:
      | id        | quote name | asset | risk model                    | margin calculator         | auction duration | fees         | price monitoring    | data source config     | linear slippage factor | quadratic slippage factor | sla params      |
      | ETH/DEC20 | ETH        | ETH   | default-log-normal-risk-model | default-margin-calculator | 60               | default-none | my-price-monitoring | default-eth-for-future | 0.01                   | 0                         | default-futures |
    And the following network parameters are set:
      | name                                    | value |
      | market.auction.minimumDuration          | 60    |
      | network.markPriceUpdateMaximumFrequency | 0s    |
      | limits.markets.maxPeggedOrders          | 2     |

  @SupStake
  Scenario: Persistent order results in an auction (both triggers breached), no orders placed during auction, auction terminates with a trade from order that originally triggered the auction. (0032-PRIM-020, 0032-PRIM-005)
    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount       |
      | party1 | ETH   | 10000000000  |
      | party2 | ETH   | 10000000000  |
      | aux    | ETH   | 100000000000 |
      | aux2   | ETH   | 100000000000 |
      | lpprov | ETH   | 100000000000 |

    When the parties submit the following liquidity provision:
      | id  | party  | market id | commitment amount | fee | lp type    |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
    And the parties place the following pegged iceberg orders:
      | party  | market id | peak size | minimum visible size | side | pegged reference | volume     | offset |
      | lpprov | ETH/DEC20 | 2         | 1                    | buy  | BID              | 50         | 100    |
      | lpprov | ETH/DEC20 | 2         | 1                    | sell | ASK              | 50         | 100    |

    # place auxiliary orders so we always have best bid and best offer as to not trigger the liquidity auction
    When the parties place the following orders:
      | party | market id | side | volume | price  | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 1      | 1      | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 200000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | buy  | 1      | 100000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 100000 | 0                | TYPE_LIMIT | TIF_GTC |
    Then the opening auction period ends for market "ETH/DEC20"
    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"
    And the mark price should be "100000" for the market "ETH/DEC20"

    And the market data for the market "ETH/DEC20" should be:
      | mark price | trading mode            | horizon | min bound | max bound | target stake | supplied stake | open interest |
      | 100000 | TRADING_MODE_CONTINUOUS | 60 | 99461 | 100541 | 74340 | 90000000 | 1 |
      | 100000     | TRADING_MODE_CONTINUOUS | 600     | 97776     | 102267    | 74340        | 0              | 1             |

    And the accumulated infrastructure fees should be "0" for the asset "ETH"
    And the accumulated liquidity fees should be "0" for the market "ETH/DEC20"

    #T1 = T0 + 10 min
    When time is updated to "2020-10-16T00:10:00Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     |
      | party1 | ETH/DEC20 | sell | 1      | 100000 | 0                | TYPE_LIMIT | TIF_GTC |
      | party2 | ETH/DEC20 | buy  | 1      | 100000 | 1                | TYPE_LIMIT | TIF_GTC |

    And the accumulated infrastructure fees should be "0" for the asset "ETH"
    And the accumulated liquidity fees should be "10000" for the market "ETH/DEC20"

    And the market data for the market "ETH/DEC20" should be:
      | mark price | trading mode            | horizon | min bound | max bound | target stake | supplied stake | open interest |
      | 100000 | TRADING_MODE_CONTINUOUS | 60  | 99461 | 100541 | 148680 | 90000000 | 2 |
      | 100000 | TRADING_MODE_CONTINUOUS | 600 | 97776 | 102267 | 148680 | 1        | 2 |

    And the order book should have the following volumes for market "ETH/DEC20":
      | side | price  | volume |
      | sell | 200000 | 1      |
      | buy  | 1      | 1      |

    And the mark price should be "100000" for the market "ETH/DEC20"
    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"

    And the accumulated infrastructure fees should be "0" for the asset "ETH"
    And the accumulated liquidity fees should be "10000" for the market "ETH/DEC20"

    When the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference |
      | party1 | ETH/DEC20 | sell | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1     |
      | party2 | ETH/DEC20 | buy  | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC | ref-2     |

    Then the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    And the mark price should be "100000" for the market "ETH/DEC20"

    #T1 + 04min00s (last second of first trigger)
    When time is updated to "2020-10-16T00:14:00Z"
    Then the market data for the market "ETH/DEC20" should be:
      | trading mode                    | auction trigger       | extension trigger           | auction end | horizon | min bound | max bound |
      | TRADING_MODE_MONITORING_AUCTION | AUCTION_TRIGGER_PRICE | AUCTION_TRIGGER_UNSPECIFIED | 240         | 600     | 97776     | 102267    |

    #T1 + 04min01s (auction extended)
    When time is updated to "2020-10-16T00:14:01Z"
    Then the market data for the market "ETH/DEC20" should be:
      | trading mode                    | auction trigger       | extension trigger     | auction end |
      | TRADING_MODE_MONITORING_AUCTION | AUCTION_TRIGGER_PRICE | AUCTION_TRIGGER_PRICE | 600         |

    #T1 + 10min01s
    Then time is updated to "2020-10-16T00:20:01Z"

    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"

    And the mark price should be "111000" for the market "ETH/DEC20"

  Scenario: Persistent order results in an auction (both triggers breached), orders placed during auction result in a trade with indicative price within the price monitoring bounds, hence auction concludes. (0032-PRIM-021)

    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount       |
      | party1 | ETH   | 10000000000  |
      | party2 | ETH   | 10000000000  |
      | aux    | ETH   | 100000000000 |
      | aux2   | ETH   | 100000000000 |
      | lpprov | ETH   | 100000000000 |

    When the parties submit the following liquidity provision:
      | id  | party  | market id | commitment amount | fee | lp type    |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
    And the parties place the following pegged iceberg orders:
      | party  | market id | peak size | minimum visible size | side | pegged reference | volume | offset |
      | lpprov | ETH/DEC20 | 2         | 1                    | buy  | BID              | 50     | 100    |
      | lpprov | ETH/DEC20 | 2         | 1                    | sell | ASK              | 50     | 100    |

    # place auxiliary orders so we always have best bid and best offer as to not trigger the liquidity auction
    When the parties place the following orders:
      | party | market id | side | volume | price  | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 1      | 1      | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 200000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | buy  | 1      | 100000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 100000 | 0                | TYPE_LIMIT | TIF_GTC |
    Then the opening auction period ends for market "ETH/DEC20"
    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"
    And the mark price should be "100000" for the market "ETH/DEC20"

    #T1 = T0 + 10 min
    When time is updated to "2020-10-16T00:10:00Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     |
      | party1 | ETH/DEC20 | sell | 1      | 100000 | 0                | TYPE_LIMIT | TIF_GTC |
      | party2 | ETH/DEC20 | buy  | 1      | 100000 | 1                | TYPE_LIMIT | TIF_GTC |

    And the mark price should be "100000" for the market "ETH/DEC20"
    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"

    When the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     |
      | party1 | ETH/DEC20 | sell | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC |
      | party2 | ETH/DEC20 | buy  | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC |

    Then the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    And the mark price should be "100000" for the market "ETH/DEC20"

    #T1 + 04min00s (last second of initial duration)
    When time is updated to "2020-10-16T00:14:00Z"
    Then the market data for the market "ETH/DEC20" should be:
      | trading mode                    | auction trigger       | extension trigger           | auction end | horizon | min bound | max bound |
      | TRADING_MODE_MONITORING_AUCTION | AUCTION_TRIGGER_PRICE | AUCTION_TRIGGER_UNSPECIFIED | 240         | 600     | 97776     | 102267    |
    And the mark price should be "100000" for the market "ETH/DEC20"

    #T1 + 04min01s (auction extended)
    When time is updated to "2020-10-16T00:14:01Z"
    Then the market data for the market "ETH/DEC20" should be:
      | trading mode                    | auction trigger       | extension trigger     | auction end |
      | TRADING_MODE_MONITORING_AUCTION | AUCTION_TRIGGER_PRICE | AUCTION_TRIGGER_PRICE | 600         |

    When the parties place the following orders:
      | party | market id | side | volume | price  | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 10     | 112000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | sell | 10     | 112000 | 0                | TYPE_LIMIT | TIF_GTC |
    #T0 + 11min01s (opening period, min auction duration + 1 second, auction is over)
    And time is updated to "2020-10-16T00:20:01Z"

    Then the market data for the market "ETH/DEC20" should be:
      | trading mode            | auction trigger             | extension trigger           | auction end |
      | TRADING_MODE_CONTINUOUS | AUCTION_TRIGGER_UNSPECIFIED | AUCTION_TRIGGER_UNSPECIFIED | 0           |

  Scenario: Persistent order results in an auction (one trigger breached), no orders placed during auction, auction terminates with a trade from order that originally triggered the auction. (0032-PRIM-006)

    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount       |
      | party1 | ETH   | 10000000000  |
      | party2 | ETH   | 10000000000  |
      | aux    | ETH   | 100000000000 |
      | aux2   | ETH   | 100000000000 |
      | lpprov | ETH   | 100000000000 |

    When the parties submit the following liquidity provision:
      | id  | party  | market id | commitment amount | fee | lp type    |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
    And the parties place the following pegged iceberg orders:
      | party  | market id | peak size | minimum visible size | side | pegged reference | volume | offset |
      | lpprov | ETH/DEC20 | 2         | 1                    | buy  | BID              | 50     | 100    |
      | lpprov | ETH/DEC20 | 2         | 1                    | sell | ASK              | 50     | 100    |

    # place auxiliary orders so we always have best bid and best offer as to not trigger the liquidity auction
    When the parties place the following orders:
      | party | market id | side | volume | price  | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 1      | 1      | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 200000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | buy  | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC |
    Then the opening auction period ends for market "ETH/DEC20"
    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"
    And the mark price should be "110000" for the market "ETH/DEC20"

    #T0 + 10 min
    When time is updated to "2020-10-16T00:10:00Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference |
      | party1 | ETH/DEC20 | sell | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1     |
      | party2 | ETH/DEC20 | buy  | 1      | 110000 | 1                | TYPE_LIMIT | TIF_GTC | ref-2     |

    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"

    And the mark price should be "110000" for the market "ETH/DEC20"

#T1 = T0 + 02min10s (auction start)
    Then time is updated to "2020-10-16T00:12:10Z"

    When the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference |
      | party1 | ETH/DEC20 | sell | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1     |
      | party2 | ETH/DEC20 | buy  | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC | ref-2     |

    And the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    And the mark price should be "110000" for the market "ETH/DEC20"

    #T1 + 04min00s (last second of the auction)
    Then time is updated to "2020-10-16T00:13:10Z"

    And the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    #T1 + 04min01s (auction ended)
    Then time is updated to "2020-10-16T00:20:11Z"

    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"

    And the mark price should be "111000" for the market "ETH/DEC20"

  Scenario: Non-persistent order do not result in an auction (one trigger breached) (0032-PRIM-003)

    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount       |
      | party1 | ETH   | 10000000000  |
      | party2 | ETH   | 10000000000  |
      | aux    | ETH   | 100000000000 |
      | aux2   | ETH   | 100000000000 |
      | lpprov | ETH   | 100000000000 |

    When the parties submit the following liquidity provision:
      | id  | party  | market id | commitment amount | fee | lp type    |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
    And the parties place the following pegged iceberg orders:
      | party  | market id | peak size | minimum visible size | side | pegged reference | volume | offset |
      | lpprov | ETH/DEC20 | 2         | 1                    | buy  | BID              | 50     | 100    |
      | lpprov | ETH/DEC20 | 2         | 1                    | sell | ASK              | 50     | 100    |

    # place auxiliary orders so we always have best bid and best offer as to not trigger the liquidity auction
    When the parties place the following orders:
      | party | market id | side | volume | price  | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 1      | 1      | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 200000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | buy  | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC |
    Then the opening auction period ends for market "ETH/DEC20"
    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"
    And the mark price should be "110000" for the market "ETH/DEC20"

    #T0 + 10 min
    When time is updated to "2020-10-16T00:10:00Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference |
      | party1 | ETH/DEC20 | sell | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1     |
      | party2 | ETH/DEC20 | buy  | 1      | 110000 | 1                | TYPE_LIMIT | TIF_GTC | ref-2     |

    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"
    And the mark price should be "110000" for the market "ETH/DEC20"

    #T1 = T0 + 10s
    When time is updated to "2020-10-16T00:10:10Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference | error                                                       |
      | party1 | ETH/DEC20 | sell | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1     |                                                             |
      | party2 | ETH/DEC20 | buy  | 1      | 111000 | 0                | TYPE_LIMIT | TIF_FOK | ref-2     | OrderError: non-persistent order trades out of price bounds |

    Then the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"
    And the mark price should be "110000" for the market "ETH/DEC20"

  Scenario: Non-persistent order results in an auction (one trigger breached), orders placed during auction result in trade with indicative price outside the price monitoring bounds, hence auction get extended, additional orders resulting in more trades placed, auction concludes. (0032-PRIM-008)

    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount       |
      | party1 | ETH   | 10000000000  |
      | party2 | ETH   | 10000000000  |
      | aux    | ETH   | 100000000000 |
      | aux2   | ETH   | 100000000000 |
      | lpprov | ETH   | 100000000000 |

    When the parties submit the following liquidity provision:
      | id  | party  | market id | commitment amount | fee | lp type    |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
    And the parties place the following pegged iceberg orders:
      | party  | market id | peak size | minimum visible size | side | pegged reference | volume | offset |
      | lpprov | ETH/DEC20 | 2         | 1                    | buy  | BID              | 50     | 100    |
      | lpprov | ETH/DEC20 | 2         | 1                    | sell | ASK              | 50     | 100    |

    # place auxiliary orders so we always have best bid and best offer as to not trigger the liquidity auction
    When the parties place the following orders:
      | party | market id | side | volume | price  | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 1      | 1      | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 200000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | buy  | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC |
    Then the opening auction period ends for market "ETH/DEC20"
    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"
    And the mark price should be "110000" for the market "ETH/DEC20"

    #T0 + 2 min (end of auction)
    When time is updated to "2020-10-16T00:02:00Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference |
      | party1 | ETH/DEC20 | sell | 1      | 110000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1     |
      | party2 | ETH/DEC20 | buy  | 1      | 110000 | 1                | TYPE_LIMIT | TIF_GTC | ref-2     |

    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"

    And the mark price should be "110000" for the market "ETH/DEC20"

    #T1 = T0 + 10s
    When time is updated to "2020-10-16T00:02:10Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference |
      | party1 | ETH/DEC20 | sell | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1     |
      | party2 | ETH/DEC20 | buy  | 1      | 111000 | 0                | TYPE_LIMIT | TIF_GTC | ref-2     |

    And the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    And the mark price should be "110000" for the market "ETH/DEC20"

    #T1 + 04min00s (last second of the auction)
    When time is updated to "2020-10-16T00:03:10Z"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference |
      | party1 | ETH/DEC20 | sell | 2      | 133000 | 0                | TYPE_LIMIT | TIF_GFA | ref-1     |
      | party2 | ETH/DEC20 | buy  | 2      | 133000 | 0                | TYPE_LIMIT | TIF_GFA | ref-2     |

    And the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    #T1 + 04min01s (auction extended due to 2nd trigger)
    When time is updated to "2020-10-16T00:06:11Z"

    Then the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    And the mark price should be "110000" for the market "ETH/DEC20"

    #T1 + 10min00s (last second of the extended auction)
    When time is updated to "2020-10-16T00:08:11Z"
    Then the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    Then the parties place the following orders:
      | party  | market id | side | volume | price  | resulting trades | type       | tif     | reference  |
      | party1 | ETH/DEC20 | sell | 10     | 303000 | 0                | TYPE_LIMIT | TIF_GTC | ref-1      |
      | party2 | ETH/DEC20 | buy  | 10     | 303000 | 0                | TYPE_LIMIT | TIF_GFA | ref-2-last |

    And the trading mode should be "TRADING_MODE_MONITORING_AUCTION" for the market "ETH/DEC20"

    And the mark price should be "110000" for the market "ETH/DEC20"

    #T1 + 10min01s (extended auction finished) // this is not finished, not order left in the book.
    Then time is updated to "2020-10-16T00:12:11Z"

    And the trading mode should be "TRADING_MODE_CONTINUOUS" for the market "ETH/DEC20"

    And the mark price should be "303000" for the market "ETH/DEC20"

  Scenario: Start with high first indicative uncrossing price and much lower final auction price
    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount       |
      | party1 | ETH   | 10000000000  |
      | party2 | ETH   | 10000000000  |
      | aux    | ETH   | 100000000000 |
      | aux2   | ETH   | 100000000000 |
      | lpprov | ETH   | 100000000000 |

    When the parties submit the following liquidity provision:
      | id  | party  | market id | commitment amount | fee | lp type    |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
    And the parties place the following pegged iceberg orders:
      | party  | market id | peak size | minimum visible size | side | pegged reference | volume | offset |
      | lpprov | ETH/DEC20 | 2         | 1                    | buy  | BID              | 50     | 100    |
      | lpprov | ETH/DEC20 | 2         | 1                    | sell | ASK              | 50     | 100    |

    When the parties place the following orders:
      | party | market id | side | volume | price   | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 1      | 1       | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 200000  | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | buy  | 1      | 1000000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 1000000 | 0                | TYPE_LIMIT | TIF_GTC |

    Then the network moves ahead "59" blocks
    And the trading mode should be "TRADING_MODE_OPENING_AUCTION" for the market "ETH/DEC20"

    When the parties place the following orders:
      | party | market id | side | volume | price | resulting trades | type       | tif     |
      | aux2  | ETH/DEC20 | buy  | 10     | 1000  | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 10     | 1000  | 0                | TYPE_LIMIT | TIF_GTC |

    Then the opening auction period ends for market "ETH/DEC20"

    And the market data for the market "ETH/DEC20" should be:
      | mark price | trading mode            | horizon | min bound | max bound | target stake | supplied stake | open interest |
      | 1000       | TRADING_MODE_CONTINUOUS | 60      | 995       | 1005      | 7434         | 90000000       | 10            |
      | 1000       | TRADING_MODE_CONTINUOUS | 600     | 978       | 1022      | 7434         | 90000000       | 10            |

  Scenario: Start with low first indicative uncrossing price and much higher final auction price
    Given the parties deposit on asset's general account the following amount:
      | party  | asset | amount       |
      | party1 | ETH   | 10000000000  |
      | party2 | ETH   | 10000000000  |
      | aux    | ETH   | 100000000000 |
      | aux2   | ETH   | 100000000000 |
      | lpprov | ETH   | 100000000000 |

    When the parties submit the following liquidity provision:
      | id  | party  | market id | commitment amount | fee | lp type    |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
      | lp1 | lpprov | ETH/DEC20 | 90000000          | 0.1 | submission |
    And the parties place the following pegged iceberg orders:
      | party  | market id | peak size | minimum visible size | side | pegged reference | volume | offset |
      | lpprov | ETH/DEC20 | 2         | 1                    | buy  | BID              | 50     | 100    |
      | lpprov | ETH/DEC20 | 2         | 1                    | sell | ASK              | 50     | 100    |
 
    When the parties place the following orders:
      | party | market id | side | volume | price  | resulting trades | type       | tif     |
      | aux   | ETH/DEC20 | buy  | 1      | 1      | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 200000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux2  | ETH/DEC20 | buy  | 1      | 1000   | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 1      | 1000   | 0                | TYPE_LIMIT | TIF_GTC |

    Then the network moves ahead "59" blocks
    And the trading mode should be "TRADING_MODE_OPENING_AUCTION" for the market "ETH/DEC20"

    When the parties place the following orders:
      | party | market id | side | volume | price   | resulting trades | type       | tif     |
      | aux2  | ETH/DEC20 | buy  | 10     | 1000000 | 0                | TYPE_LIMIT | TIF_GTC |
      | aux   | ETH/DEC20 | sell | 10     | 1000000 | 0                | TYPE_LIMIT | TIF_GTC |

    Then the opening auction period ends for market "ETH/DEC20"

    And the market data for the market "ETH/DEC20" should be:
      | mark price | trading mode            | horizon | ref price | min bound | max bound | target stake | supplied stake | open interest |
      | 1000000    | TRADING_MODE_CONTINUOUS | 60      | 1000000   | 994606    | 1005415   | 7434000      | 90000000       | 10            |
      | 1000000    | TRADING_MODE_CONTINUOUS | 600     | 1000000   | 977751    | 1022678   | 7434000      | 90000000       | 10            |