What started as a small group of sell-side analysts on Wall Street is now a global association of over 4,500 members worldwide.
The Market Technicians Association began in New York in the 1970's as an informal meeting of a group of technical analysts. Ralph Acampora, John Brooks and John Greeley are credited as the founders. The original 18 members incorporated the MTA as a not-for-profit association in 1973.
The organization authorized a certification program and began developing and administering exams in the mid-late 1980's. Charters were awarded to the first graduates of the CMT Program in 1989.
In 2005, the Financial Industry Regulatory Authority (FINRA) submitted a rule filing with the U.S. Securities and Exchange Commission to accept the CMT Program levels 1 and 2 exams as an alternative to the Series 86 examination required of financial analysts.
The Board of Directors is the elected governing body of the Market Technicians Association and is responsible for defining its vision, mission and strategies. The Board, in conjunction with the Executive Director and through various committees, oversees the activities of the MTA.
Financial statements for the Market Technicians Association, Inc. can be found below: