CMT Association

The CMT Association is a non-profit, global, professional organization of technical analysts headquartered in New York City. The CMT Association certifies that an individual is competent in the use of technical analysis via the Chartered Market Technician (CMT) designation.

Under its original name of Market Technicians Association, the organization was incorporated as a not-for-profit association in 1973, but began holding meetings since 1971. There were 18 charter members in 1973, but the three founders are considered to be Ralph Acampora, John Brooks and John Greeley. These charter members found that they were doing the same thing for a living (practicing technical analysis), and believed there should be an organization similar to the one that already existed for fundamental analysts. At first, the CMT Association was a New York-based group, however, as it became apparent that there were technical analysts all over the globe, the CMT Association transformed first to a U.S. based and eventually to a global professional association.

The CMT Association's Chartered Market Technician (CMT) program emerged after significant work in the second half of the 1980s. The first tests were given and the first CMTs were granted in 1989. In 2005 the NASD (now FINRA) submitted a rule filing with the Securities and Exchange Commission to accept the CMT 1 and 2 as an alternative to the series 86 examination required of financial analysts.

Through most of the early years of its history, the CMT Association was located in various downtown New York City locations, usually in a shared space of other friendly associations (i.e., NY Institute of Finance [NYIF]; later the NY Society of Security Analysts [NYSSA]). In September, 2001 the CMT Association was in the World Trade Center when the Twin Towers fell.

The CMT Association quickly relocated to space in Woodbridge, New Jersey and actively worked at building back its library of resources through, in large measure, the donations of members and friends of the CMT Association. The CMT Association moved back to a new downtown NYC location in early 2007, located at 61 Broadway—Suite 514, NY, NY 10006, which is within one block of the New York Stock Exchange (NYSE). The CMT Association relocated in May, 2017 to 25 Broadway, next to the famous Charging Bull. The organization changed its name from Market Technicians Association to CMT Association with effect from July 14, 2017.

The CMT Association is a not-for-profit professional regulatory organization servicing over 9,000 market analysis professionals in over 80 countries around the globe. The CMT Association’s main objectives involve the education of the public, the investment community and its membership in the theory, practice and application of technical analysis.

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