Cmt Holder Salary Range

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Mary Vasser

Market Technicians Association was established in 1971 by Ralph Acampora, John Brooks and John Greeley to examine professional standards for the technical analysis of market data. In 1989, the first chartered market technology test was carried out and certified. Sources: 10

In a 2018 survey conducted by the CMT Association, charter owners had a median salary of $200,000. The CMT is considered a financial analyst, with the Bureau of Labor Statistics listing a median wage of $76,950. Sources: 2, 10

In a 2018 CMT Association survey, CMT charter owners have a median salary of over $200,000, which shows that there is a demand for CMT charter owners, but also pay a premium for their skill level and expertise. Receiving your CMT designation is a great honor, just like any other certification. While there is no demand for charter owners in the industry, charter companies pay premiums for their skills. Sources: 2, 9

The acquisition of the CMT designation in addition to the CFA charter not only enhances your references, but also separates you from others. By acquiring a CMT charter, you become part of the community of investment professionals who are recognized worldwide as specialists and value creators. Once you have done that, you will be in a position to think about the future success of the CMT. Sources: 2, 9

The CMT designation is the highest certification known in the industry and other industry experts around the world. To attain the appointment, candidates must pass three exams at each level, complete a membership application and agree to the Code of Ethics of the CMT Associations. Professionals who obtain certification must demonstrate a comprehensive knowledge of investment risk and portfolio management. Sources: 8

Candidates must join the CMT Association as an affiliate member and register in the CMT program. Once a candidate is registered in the program, he must pay to register for the CMT exam. Candidate must pay a one-time enrollment fee of $250 for the exam and then pay an additional $325 to become a member of CMT Association. Sources: 8

In 2005, the Financial Industry Regulatory Authority (FINRA) filed a rule with the Securities and Exchange Commission that accepted the adoption of CMT Level II as a alternative to Series 86 testing. Persons who pass the CMT Associations Chartered Market Technicians (CMT) Level II are eligible for CFTE certification. In addition, candidates must be a member of the CMCT Association and have three years of professional experience to receive their nomination. Sources: 1, 6

The application submitted must contain a confirmation from the CMT association, including the date reached. Candidates who have passed their CMT association certification at CMT Level II are entitled to their CFTE certification. Sources: 1, 7

The minimum qualification required is a bachelor’s degree in a financial program that can be added to your CFTE certification, or candidates can complete an MBA for this certification. Persons who have passed the Nippon Technical Analysts Association (NTAA) Level I and Level II Certification Programs and have been appointed Chartered Member of the NTTA or CMTA are exempt from this level and may participate in the MFTA program. Persons who have completed level II and III of the Certified ESTA Technical Analyst Program (CETA) or Egyptian Society of Technical Analyst (ESTA) and who received a CETA diploma are also exempt from the CETA Level and can participate in this program. Sources: 1, 7

The Market Technician Association is a New York-based non-profit organization that recognizes certified market technicians. The Chartered Market Technician (CMT) designation is achieved by completing a 3-step exam and having a basic and extreme knowledge of investment risk, portfolio management and strategy. The CMT Association receives the certification after passing the exam and receiving approval from the Board of the Admission Committee of the MTA. Sources: 0, 7

The programme consists of three exam levels, which test the competence of the students at each level. As a global professional organization, the certification exam is considered the gold standard in technical analysis. Sources: 0

The CFA programme, for example, covers basic technical analyses, while the CMT programme deepens them. The CMT Level III exam tests candidates in developing research opinions, investment approaches and trade decisions based on charts and data. During the examination, the candidate analyses specific case studies and makes recommendations. Sources: 0, 8

Chartered Market Technicians (CMT) is a term given to technical analysts by the CMT Association. A small group of CMTs focuses on networking with technical analysis professionals, including senior members of their organizations. Sources: 3, 6

Key Takeaways Chartered Market Technician (CMT) is a term for professional technical analysts assigned by the CMT Association. Getting a CMT requires demonstrated mastery of investment risk and portfolio management, including a quantitative approach to market research, rule-based trading and system design and testing. If you have ever considered enrolling in a Chartered Market Technician Program just to see the name of your employees on the card as an acronym, you may be wondering what the value of that designation is. Sources: 3, 6

With the benefits of higher salaries and better employment opportunities, it is not difficult to see why others jump on the bandwagon to change their lives and careers. Start studying for your CMT today and take a step towards a better future in the financial world. Sources: 9

The Series 86 exception is extremely valuable to budding market analysts and puts Chartered Market Technicians on the same level as Chartered Financial Analysts that are eligible for an exception to Series 86. Series 86 is part of the Research Analyst Qualification Examination and works only for Research Analysts who are FINRA members and have passed Series 86. Sources: 3

Authorization must be processed with proof of the identity of the consumer and consent to authorization. The person receiving the authorisation must provide the consumer with a copy of the conditions of the authorisation in paper form. Sources: 5

The designated beneficiary of the financial institution holding the consumer account must inform the consumer of the right to be notified of deviation from transfer and give the consumer the opportunity to receive notification if the transfer is within the specified range, if the transfer amount differs from the last transfer or if the agreed amount is exceeded. A financial institution that does not offer this option to the consumer must notify the consumer’s direct debit account that is out of range or more than a certain amount differs from the most recent transfer when the money is transferred to a credit account held by the consumer with that financial institution. Sources: 5













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