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Python for Finance, 2nd Edition
book

Python for Finance, 2nd Edition

by Yves Hilpisch
December 2018
Beginner
711 pages
15h 32m
English
O'Reilly Media, Inc.
Content preview from Python for Finance, 2nd Edition

Chapter 1. Why Python for Finance

Banks are essentially technology firms.

Hugo Banziger

The Python Programming Language

Python is a high-level, multipurpose programming language that is used in a wide range of domains and technical fields. On the Python website you find the following executive summary:

Python is an interpreted, object-oriented, high-level programming language with dynamic semantics. Its high-level built in data structures, combined with dynamic typing and dynamic binding, make it very attractive for Rapid Application Development, as well as for use as a scripting or glue language to connect existing components together. Python’s simple, easy to learn syntax emphasizes readability and therefore reduces the cost of program maintenance. Python supports modules and packages, which encourages program modularity and code reuse. The Python interpreter and the extensive standard library are available in source or binary form without charge for all major platforms, and can be freely distributed.

This pretty well describes why Python has evolved into one of the major programming languages today. Nowadays, Python is used by the beginner programmer as well as by the highly skilled expert developer, at schools, in universities, at web companies, in large corporations and financial institutions, as well as in any scientific field.

Among other features, Python is:

Open source

Python and the majority of supporting libraries and tools available are open source and generally ...

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Publisher Resources

ISBN: 9781492024323Errata Page