Chartered Market Technician
As with other professional organizations that establish standards of competence for members, so the MTA provides a recognized standard of proficiency: The Chartered Market Technician program is the examination series that demonstrates proficiency in technical analysis. Candidates who pass the program's three examination levels, and who are also full members of the MTA, earn the Chartered Market Technician designation (CMT), certifying that the individual is competent in the use of technical analysis.
In February 2005, the U.S. Securities and Exchange Commission recognized levels 1 and 2 of the CMT exam as an alternative to the Series 86 Examination, as part of the rule changes filed by the Financial Industry Regulatory Authority (FINRA) and NYSE. This recognition on the part of securities regulators and the self-governing bodies of the securities industry provided significant new credibility to technical analysis.
Read more about this topic: Market Technicians Association
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