Python for Finance: Analyze Big Financial Data

Figure 2-4 shows the same code both in a raw text cell (which looks the same as the

preceding text) and rendered in a Markdown cell. In this way, you can easily combine

Python code and formatted, nicely rendered text in a single document.

A detailed description of the Markdown language used for IPython Notebook is found at

As mentioned before, the rendering capabilities of IPython are not restricted to the

Markdown language. IPython also renders by default mathematical formulae described on

the basis of the LaTeX typesetting system, the de facto standard for scientific publishing.

Consider, for example, from Chapter 1 the formula for the index level in the Black-

Scholes-Merton (1973) model, as provided in Equation 1-1. For convenience, we repeat it

here as Equation 2-1.

Equation 2-1. Black-Scholes-Merton (1973) index level at maturity