 At first, the CMT Association was a New York-based group, however, as it became apparent that there were technical analysts all over the globe, the CMT Association transformed first to a U.S. based and eventually to a global professional association.The CMT Association's Chartered Market Technician (CMT) program emerged after significant work in the second half of the 1980s.The first tests were given and the first CMTs were granted in 1989.