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The MTAEF-MTA Library at Baruch College
At the beginning of 2008 the library collections of the MTA Educational Foundation (MTAEF) and the Market Technicians Association (MTA) were shipped to the Newman Library at Baruch College. The collection has been cataloged and properly stored in its own room under a long-term loan agreement called a bailment.
Unlike a gift, the MTAEF and MTA retain ownership of their collection. The books, charts, materials and original research on the markets is the pre-eminent collection used by the MTA (members will have access to the books just as they borrow the books now); Baruch students (for use at the library only) and faculty/researchers from Baruch College and reciprocal universities.
By joining forces with Baruch College in this venture, the library’s visibility on campus and in academia is in a strong uptrend.
What Does This Mean?
- Most of the collection has been in storage and no one has been able to use it for years. Original research papers, chart books and courses on technical analysis will be housed at Baruch; this will preserve their past and perhaps yield new insights when students and academics examine them.
- Retired members and friends of the MTA, who in the past might have hesitated to donate their collections to the MTAEF-MTA, might now see the short-term benefit (a tax deduction) and the long-term positive in supporting the growth of the library in its new home.
- The increased visibility on the campus of Baruch College (which graduates the most finance majors in the U.S.), with its courses on technical analysis and a top-shelf trading room, is growing. Many schools across the country have visited Baruch College to copy its trading room operation.
- The Foundation will be promoting the use of the library to the Baruch College students and faculty and other schools interested in the subject, and will sponsor research papers.
For complete information about the history of the library and directions to the Newman Library at Baruch College, please click here.
The MTA Educational Foundation qualifies as a charitable organization under IRS Section 501(c)(3) and contributions are tax deductible in accordance with IRS regulations. Therefore, the full amount of your gift can be tax deductible.
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