Report in Moneylife Magazine

Sushil Kedia, founder and president, Association of Technical Market Analysts, India said, “To be the first Asian ever to be elected to the Market Technicians Association Board of Directors is an honour for not only me personally”

The Market Technicians Association, Inc (MTA), the leading organisation for technical analysis professionals and the governing body for the Chartered Market Technician (CMT) designation, announces the election of the first At-Large MTA Board Director from Asia. Effective 1 July 2011, Sushil Kedia, PGDBM (XLRI), CAIA, FRM, CMT, from Mumbai, India, will begin his three year term.

“Congratulations to Mr Kedia,” said David Keller, CMT, and MTA President. “India is one of the MTA’s fastest growing non-US markets, and that is in large part to his efforts. Not only has this benefited the MTA and CMT designation, but it has helped to broaden the awareness for technical analysis in Asia. We are excited about his addition to our Board and look forward to working even closer with him over the next few years.”

Sushil Kedia, founder and president, Association of Technical Market Analysts, India said, “To be the first Asian ever to be elected to the MTA Board of Directors is an honour for not only me personally, but also for my fellow technicians from this part of the world. The responsibility ahead, to ensure that cultural nuances of Asia are properly brought to the MTA leadership and to be able to carry the MTA’s history into Asian professional minds is a big one. I look forward to excelling given this great opportunity to serve our profession.”

“I look forward to working closely with Mr Kedia,” said Ralph Acampora, CMT, current At-Large MTA Board Director and MTA Past President. “His dedication to expanding the awareness of technical analysis around the world is very important to the growth of the MTA.”

“This is just another example of how much the demand for technical analysis information, and our CMT designation, is growing worldwide. The MTA has already seen a considerable increase in membership from the Asian Markets, and his upcoming addition to the MTA Board of Directors help to sustain this growth for many years to come,” said Mr Tom Silveri, executive director of the MTA.

The Market Technicians Association’s objective is to educate the investment community and MTA members in technical analysis. More than 4,100 analysts and related market professionals in over 75 countries are members of the MTA. The MTA is responsible for the creation, oversight, administration and regulation of the CMT designation. The CMT is the only technical analysis designation recognized by the Financial Industry Regulatory Authority (FINRA). It is also the only designation for technical analysts that qualifies as a “Series 86” exemption upon passing levels 1 and 2 of the CMT exam.