Luminex: A Secure Full-Stack Paper Trading Platform for Financial Education
  • Author(s): Aditya Shashikant Ingole; Mitesh Kashinath Wakade; Buddhita Dagadu Bhagat; Aditya Bhagirath Jagtap; Dr. Shubhangi R. Patil
  • Paper ID: 1719189
  • Page: 2980-2985
  • Published Date: 27-06-2026
  • Published In: Iconic Research And Engineering Journals
  • Publisher: IRE Journals
  • e-ISSN: 2456-8880
  • Volume/Issue: Volume 9 Issue 12 June-2026
Abstract

Financial literacy among students and beginner investors remains critically low, and the tools available to address this gap are either too theoretical or too insecure to serve as practical reference implementations. Luminex was developed to bridge this gap. It is a full-stack, browser-based virtual stock trading platform built with Next.js 15, TypeScript, Node.js, Express.js, and MongoDB that simulates realistic Indian equity and derivatives market conditions for educational purposes. The platform provides a structured, end-to-end trading workflow combining OTP-based email authentication, JWT session management, real-time simulated price updates on a 3-second refresh cycle, virtual buy and sell operations for equities and Futures & Options (F&O), watchlist management, candlestick charting across five timeframes, and dynamic portfolio analytics with sector-wise allocation - all protected by a multi-layer security architecture implementing bcrypt password hashing, rate limiting, and account lockout protection. The system follows a three-tier client-server architecture with eight well-defined MongoDB collections and a modular Express.js backend. Experimental evaluation across comprehensive unit, integration, system, and security test suites demonstrates full correctness of all modules with API response times under 150 ms and OTP delivery under five seconds. Beyond its practical capabilities as a trading simulator, Luminex serves as a production-grade full-stack reference implementation that demonstrates modern secure web application design principles directly applicable to industry software development roles.

Keywords

Paper Trading, Virtual Stock Market Simulation, Next.js, Node.js, Express.js, MongoDB, JWT Authentication, OTP Verification, Portfolio Management, Futures and Options, Fintech Education, Secure Web Application, bcrypt, Real-Time Simulation, Full-Stack Development

Citations

IRE Journals:
Aditya Shashikant Ingole, Mitesh Kashinath Wakade, Buddhita Dagadu Bhagat, Aditya Bhagirath Jagtap, Dr. Shubhangi R. Patil "Luminex: A Secure Full-Stack Paper Trading Platform for Financial Education" Iconic Research And Engineering Journals Volume 9 Issue 12 2026 Page 2980-2985 https://doi.org/10.64388/IREV9I12-1719189

IEEE:
Aditya Shashikant Ingole, Mitesh Kashinath Wakade, Buddhita Dagadu Bhagat, Aditya Bhagirath Jagtap, Dr. Shubhangi R. Patil "Luminex: A Secure Full-Stack Paper Trading Platform for Financial Education" Iconic Research And Engineering Journals, 9(12) https://doi.org/10.64388/IREV9I12-1719189