Market Technicians Association - MTA

DEFINITION of 'Market Technicians Association - MTA'

A nonprofit organization that promotes the study of technical analysis and ethical trading practices for current and potential securities professionals. The Market Technicians Association (MTA) also educates the public and investors about technical analysis. The MTA holds seminars and meetings, maintains a technical analysis library and publishes newsletters and journals. It targets its activities towards investment professionals who perform technical analysis with respect to stocks, futures, options, bonds, currencies, derivatives and other investments.

BREAKING DOWN 'Market Technicians Association - MTA'

The MTA administers the Chartered Market Technician (CMT) exam and confers the CMT professional designation after the candidate passes three exams requiring hundreds of hours of study. CMTs have demonstrated expertise in investment research, portfolio analysis and trading in numerous financial instruments and markets. In particular, they must be proficient in analyzing different technical charts and identifying and interpreting price patterns and market trends. CMTs work as traders for exchanges, hedge funds or brokerages; as independent traders; as analysts and as teachers.