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Python For Trading – An Introduction – Part II

Python For Trading – An Introduction – Part II

Posted December 22, 2021 at 10:52 am
Viraj Bhagat
QuantInsti

See Part I for an overview.

Popularity of Python over the years

Python on the TIOBE Index

TIOBE ratings are calculated by counting hits of the most popular search engines. Twenty-five search engines are used to calculate the TIOBE index. The TIOBE Programming Community index is an indicator of the popularity of programming languages. The index started in the year 2001 and is updated once a month.[1]

According to the TIOBE Index:

Python has gained 2.2 million developers over the past year

Growth of Python over the years

Python versus all programming languages over the years

The TIOBE Index also ranks Python in the top spot for the fourth time!

Python is the TOP Programming Language of 2020

Python on the PYPL Index

The PopularitY of Programming Language aka PYPY Index is created by analyzing how often language tutorials are searched on Google. The PYPL Index is updated once a month.[2]

According to PYPL:

  • Worldwide, Python is the most popular language
  • Python grew the most in the last 5 years (16.6%)
  • Python is the top language in five countries (US, India, Germany, United Kingdom, France)

Python holds the #1 position on the PYPI Index

Python on Stackoverflow

Stackoverflow stated that:

“If we look at technologies that developers report that they do not use but want to learn, Python takes the top spot for the fourth year in a row.”

Learning Python in in greater demand

Python on Github

Github’s 2020 report states that Python ranks #2 in its list of The languages that dominated – Top languages over the years

Python has emerged to be almost at the apex of programming languages

Stay tuned for the next installment in which Viraj Bhagat will discuss the benefits and drawbacks of Python in Algorithmic Trading.

Visit QuantInsti to learn more about Python https://blog.quantinsti.com/python-trading/.

Disclosure: Interactive Brokers

Information posted on IBKR Campus that is provided by third-parties does NOT constitute a recommendation that you should contract for the services of that third party. Third-party participants who contribute to IBKR Campus are independent of Interactive Brokers and Interactive Brokers does not make any representations or warranties concerning the services offered, their past or future performance, or the accuracy of the information provided by the third party. Past performance is no guarantee of future results.

This material is from QuantInsti and is being posted with its permission. The views expressed in this material are solely those of the author and/or QuantInsti and Interactive Brokers is not endorsing or recommending any investment or trading discussed in the material. This material is not and should not be construed as an offer to buy or sell any security. It should not be construed as research or investment advice or a recommendation to buy, sell or hold any security or commodity. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

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