diff --git a/README.md b/README.md
new file mode 100644
index 0000000..756ab6a
--- /dev/null
+++ b/README.md
@@ -0,0 +1,29 @@
+# Requirements #
+
+[QuickFIX] uses [Automake] to compile. Standard requirements for different platforms:
+
+#### Linux ####
+
+TODO
+
+#### macOS ####
+
+Use [HomeBrew] to install the necessary utilities:
+* Install [HomeBrew]: `/usr/bin/ruby -e "$(curl -fsSL https://raw.githubusercontent.com/Homebrew/install/master/install)"`
+* Install brew packages: `brew install automake libtool`
+
+#### Windows ####
+
+TODO
+
+# Compilation #
+
+* Build [QuickFIX]: `bash package.sh [quick_fix_version]`
+* Build Python wrappers: `bash package-python.sh [-d]`
+* Build Ruby wrappers: `bash package-ruby.sh`
+
+[Autotools]: http://www.gnu.org/software/automake/manual/html_node/index.html
+[HomeBrew]: http://brew.sh/
+[QuickFIX]: http://www.quickfixengine.org/
+[QuickFIX package index]: https://pypi.python.org/pypi/quickfix
+
diff --git a/package-python.sh b/package-python.sh
index dc93302..d95a7a5 100755
--- a/package-python.sh
+++ b/package-python.sh
@@ -1,3 +1,25 @@
+#!/usr/bin/env bash
+#
+# Compile and install Python QuickFIX package. Default behavior uploads to PyPI.
+# Use -d optional argument for local installation only
+#
+# Usage:
+# bash package-python.sh [-d]
+
+PRODUCTION=0
+
+while getopts "d" opt; do
+    case $opt in
+    d)
+        PRODUCTION=1
+        ;;
+    \?)
+        echo "Invalid option: -$OPTARG" >&2
+        exit 1
+        ;;
+    esac
+done
+
 rm -rf quickfix-python/C++
 rm -rf quickfix-python/spec
 rm -rf quickfix-python/quickfix*.py
@@ -24,4 +46,8 @@ rm -f quickfix-python/C++/stdafx.*
 
 pushd quickfix-python
 
-python setup.py sdist upload -r pypi
+if [ "$PRODUCTION" -eq "0" ]; then
+    python setup.py sdist upload -r pypi
+else
+    python setup.py install
+fi
diff --git a/quickfix-python/setup.py b/quickfix-python/setup.py
index 853da37..9820cae 100644
--- a/quickfix-python/setup.py
+++ b/quickfix-python/setup.py
@@ -1,41 +1,51 @@
+from __future__ import print_function
+
 from distutils.core import setup
 from distutils.core import Extension
-from distutils.command.install import install
-from distutils.command.build import build
 from distutils.command.build_ext import build_ext
 
-import subprocess
-import shutil
 import glob
-import os
+
 
 class build_ext_subclass( build_ext ):
     def build_extensions(self):
-        print "Testing for std::tr1::shared_ptr..."
+        print("Testing for std::tr1::shared_ptr...")
         try:
             self.compiler.compile(['test_std_tr1_shared_ptr.cpp'])
             self.compiler.define_macro("HAVE_STD_TR1_SHARED_PTR")
-            print "...found"
+            print("...found")
         except:
-            print " ...not found"
+            print(" ...not found")
 
-        print "Testing for std::shared_ptr..."
+        print("Testing for std::shared_ptr...")
         try:
-            self.compiler.compile(['test_std_shared_ptr.cpp'], extra_preargs=['-std=c++0x']),
+            self.compiler.compile(['test_std_shared_ptr.cpp'],
+                                  extra_preargs=['-std=c++0x']),
             self.compiler.define_macro("HAVE_STD_SHARED_PTR")
-            print "...found"
+            print("...found")
         except:
-            print "...not found"
+            print("...not found")
 
         build_ext.build_extensions(self)
 
-long_description=''
-with open('LICENSE') as file:
-    license = file.read();
+long_description = ''
+with open('LICENSE') as fp:
+    quickfix_license = fp.read()
 
 setup(name='quickfix',
       version='1.14.3',
-      py_modules=['quickfix', 'quickfixt11', 'quickfix40', 'quickfix41', 'quickfix42', 'quickfix43', 'quickfix44', 'quickfix50', 'quickfix50sp1', 'quickfix50sp2'],
+      py_modules=[
+          'quickfix',
+          'quickfixt11',
+          'quickfix40',
+          'quickfix41',
+          'quickfix42',
+          'quickfix43',
+          'quickfix44',
+          'quickfix50',
+          'quickfix50sp1',
+          'quickfix50sp2'
+      ],
       data_files=[('share/quickfix', glob.glob('spec/FIX*.xml'))],
       author='Oren Miller',
       author_email='oren@quickfixengine.org',
@@ -44,8 +54,12 @@ def build_extensions(self):
       description="FIX (Financial Information eXchange) protocol implementation",
       url='http://www.quickfixengine.org',
       download_url='http://www.quickfixengine.org',
-      license=license,
+      license=quickfix_license,
       include_dirs=['C++'],
-      cmdclass = {'build_ext': build_ext_subclass },
-      ext_modules=[Extension('_quickfix', glob.glob('C++/*.cpp'), extra_compile_args=['-std=c++0x'])],
-)
+      cmdclass={'build_ext': build_ext_subclass},
+      ext_modules=[
+          Extension('_quickfix',
+                    glob.glob('C++/*.cpp'),
+                    extra_compile_args=['-std=c++0x'])
+      ],
+      )