The MTA and the CMT designation have seen significant growth in recent years, and this lends to the credibility of technical analysis
New York, NY (PRWEB) November 18, 2010
The Market Technicians Association, Inc., the leading global organization for technical analysis professionals and the governing body for the Chartered Market Technician (CMT) designation, is pleased to announce that there are now over 1,000 active CMT charterholders!
The MTA continues to see significant growth, not only in overall membership, but in the number of individuals signing up to sit for the exam and in total number of active CMTs. In the last 4 years the number of active CMTs has grown over 100%. In addition, there are over 1,800 individuals currently in the CMT Program, which is yet another record high for the MTA.
"The MTA is proud to announce that we have surpassed the 1,000 CMT mark. It is an exciting time at the MTA, but also just a beginning as there is a growing interest in technical analysis and the CMT designation," said Thomas Silveri, Executive Director of the MTA. “We have come a long way over the past four years. Not just in growing the CMT designation, but also creating more member services. We are pleased with this benchmark accomplishment, and have our goals set on providing continuous additional services to our members in the future.”
Candidates take the CMT Exams because the program offers a structured approach to study technical analysis, and once completed, demonstrates that you are a professional in the field of technical analysis. The CMT can also help to open doors that may lead to job opportunities.
“The MTA and the CMT designation have seen significant growth in recent years, and this lends to the credibility of technical analysis,” said David Keller, CMT, President of the MTA. “The MTA has worked hard to establish itself as the leading global organization for technical analysis professionals, and the constant growth of the CMT around the world demonstrates that. We look forward to the continued growth of our association and the CMT designation.”
Candidates from approximately 50 countries are scheduled to take the three levels of the CMT Exam for the 2010 Fall Administration. In the 2010 Spring Administration 50% of the candidates taking the examination were from non-US markets; with a 30% increase of test takers from Asia and a 36% increase from Europe.
The Market Technicians Association’s objective is to educate the investment community and MTA members in technical analysis. More than 3,800 analysts and related market professionals in over 73 countries are members of the MTA. The MTA is responsible for the creation, oversight, administration and regulation of the CMT designation. The CMT is the only technical analysis designation recognized by the Financial Industry Regulatory Authority (FINRA). It is also the only designation for technical analysts that qualifies as a “Series 86” exemption upon passing levels 1 and 2 of the CMT exam.
For more information, please visit http://www.mta.org