CTA was incorporated in 1999 as a 501(c)(6) nonprofit trade association. It is managed by a nine-person board, which meets quarterly, with day-to-day activities handled by an executive director in our Washington, DC Headquarters office. Membership is divided into three categories: Corporate (voting), Corporate (nonvoting) and Nonprofit, Government or Academic Institution (nonvoting).
The mission of the Coal Trading Association (CTA) is to promote efficient and effective coal trading practices and procedures and to serve its membership and the public. The Association will pursue this mission through the following objectives:
- Promote the advancement and application of policy programs, practices and regulations relevant to market-based coal trading.
- Encourage and facilitate appropriate information exchange among members and other interested professional and technical groups.
- Provide programs in education and training to improve knowledge, skills and practice tools of members.
The association meets in New York every December to host the Coal Trading Conference, a two-day event that includes a business meeting, which attracts representatives from almost every major coal producer and many individuals from the investment, utility and trading community. At a half-day mid-year meeting, held at different locations every spring, CTA members discuss pending significant issues and elect new board members.