Chartered Market Technician® Program

Navigate the Gap With the
CMT Program

Completing the CMT Program demonstrates mastery of a core body of knowledge of investment risk in portfolio management. Our market philosophy is grounded in behavioral economics and extends beyond classical pattern recognition techniques to include quantitative approaches to market research and rules based trading system design and testing.

Technical analysis provides the tools to successfully navigate the gap between intrinsic value and market price across all asset classes through a disciplined, systematic approach to market behavior and the law of supply and demand.

CMT Level I

Focusing on the basic knowledge of the terminology and analytical tools used in technical analysis.

Date: May 31 – June 9, 2019

CMT Level II

Measuring the candidate’s competency in the application of concepts, theory, and techniques covered by the required readings.

Date: May 31 – June 9, 2019


Testing the candidate’s ability to integrate his or her understanding of the concepts identified in Level I with the practical application learned in Level II.

Next Exam Date: June 6, 2019

Select Knowledge Domains

1Quantitative Financial Research & Trading

The tools you need to take your quantitative research from idea generation to signal-testing and performance analysis. The CMT Program offers:

  • A scientific method for market analysis and analyzing price & volume data
  • Exposure to a wide variety of non-fundamental factors
  • Methods for strategy differentiation and process efficiency
  • A body of knowledge designed to facilitate system development and algorithmic trading
  • applied learning for signal testing and validation

2Risk Management

Identifying changes in trends, intermarket relationships, sentiment, or market conditions allows managers to outperform on a risk adjusted basis. The CMT Program prepares candidates to manage trading risk through:

  • Mastering tools for measuring performance and validating trading and investing systems
  • Applying a disciplined approach to money management and trade allocation rules
  • Recognizing market-based signals that define probabilities and opportunities for exploiting both continuing trends and mean-reverting behavior

3Applied Behavioral Finance

Understanding the nature of markets is dependent on our understanding of the nature of irrational market participants. The CMT Program:

  • Takes a deep dive into behavioral economics
  • Extends theory into practice
  • Translates cognitive bias and heuristics into observable market anomalies
  • Includes content that covers Loss Aversion, Overconfidence, Herding, Anchoring, Belief Perseverance, etc…

4Portfolio Management

Above all, CMT candidates learn how to develop a repeatable process for making decisions about important issues such as investment mix and asset allocation, or balancing risk against performance. Portfolio management in the CMT Program helps candidates learn how to maximize return within a given appetite for risk. The strategies and topics in this program are specifically designed for active managers and their teams who must guide a portfolio fund through market volatility.

CMT Charterholders Worldwide

CMT Charterholders Worldwide

2400  CMT ®



CMT Charterholders Worldwide

Stand Out In A Crowded Job

Becoming a CMT charterholder makes you part of an exclusive community of investment professionals who are recognized globally as true specialists and value generators. The CMT charter puts you on the leading edge of the ever-changing investment industry. And, by earning the CMT charter, you can expect to see improved career prospects.

Top employers of CMT Association members include Morgan Stanley, Wells Fargo, Bank of America Merrill Lynch, Charles Schwab and Fidelity.

Top 15 Employers of CMT Members

Morgan Stanley • Wells Fargo • Bank of America • Charles Schwab • Fidelity • RBC (CM & DS) • Wellington Management • Bloomberg, LP • UBS • CIBC • Credit Suisse • TD Ameritrade • BMO Nesbitt Burns • NDR • Barclays

Industry Advocacy

On February 8, 2005, the Chartered Market Technicians Association (CMT Association) was informed that FINRA submitted a rule filing with the Securities and Exchange Commission to accept the CMT Level 1 Exam and CMT Level 2 Exam as an alternative to the Series 86 exam, required of financial analysts. The New York Stock Exchange filed their ruling on January 31, 2005.

Find more information on how to go about applying for a Series 86 exemption at the link below.

CMT Program Partnerships

Wiley publishers 1807

The CMT Association partnered with Wiley to streamline the CMT curriculum into concise custom published volumes – distinct for each level of the exam and comprehensive to the required body of knowledge. This curriculum represents a comprehensive review of the topics that industry professionals consider most relevant when working in the field.

By joining the CMT Program candidates will have free access to charting tools from Optuma. Candidates will have immediate access to the Trader Services edition, with local end-of-day data and access to all the techniques covered in the CMT exam material. This resource allows candidates to experiment with technical concepts discussed in the curriculum and learn in real-time.

Candidates are able to take the CMT exams at any testing center worldwide through Prometric. Visit the CMT Association page through Prometric to find exam locations and schedule your exam. Please note, candidates must first pay the examination fees before scheduling an exam.

FREE Access to
Charting Software

The objective of the CMT Program is not only to provide candidates with resources needed to learn the theory and discipline of technical analysis, but also the practical implementation of the toolkit. Therefore, we partnered with Optuma Financial Solutions (formally Market Analyst Software) to give registered candidates a platform to experience the functional application of technical analysis. Optuma will provide specially designed software, at no cost for registered candidates, from their date of registration until the exam date and renew their free access with each subsequent exam registration.

Why are we partnering with Optuma?

We examined many products as part of this selection process, and it was clear that Optuma is the best fit for our CMT candidates for three main reasons:

1 Optuma continues to innovate in ways that help the industry and its practitioners. They strive to create the best solutions for technical and quantitative analysts.
2 The CEO, and other senior staff, are CMT charterholders. They understand what we need in our tools and offer knowledgeable support to CMT candidates.
3 The discipline of technical analysis requires each of us to communicate graphical information into investment ideas with clients and peers. Optuma has impeccable graphics and data visualization tools and that is why we are using them in the CMT exams. This is an incredible opportunity for you to put all the theory into practice on a platform that is used by professional analysts around the world and also is the software that we use in preparing the CMT exams.

Interested users can reach Optuma support with questions by clicking here.