What I have looked at is a MT5 to NMTB 40 Taper holder.
Here is a picture of the holder from the ebay ad.
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File comment: MTt to NMTB40 chuck
MT5 to NMTB40 1.jpg [ 4.87 KiB | Viewed 129 times ]
The Flash Change or NMTB 40 taper with the notch don't seem that common and here are a couple picture of the notch.
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File comment: DEVLIEG FLASH-CHANGE 40FC-E75 40-Taper Notch
Flashchange 1.jpg [ 8.09 KiB | Viewed 129 times ]
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File comment: DEVLIEG FLASH-CHANGE 40FC-E75 40-Taper Notch
Flashchange 2.JPG [ 45.66 KiB | Viewed 915 times ]
I think I would prefer the Weldon quick change chuck system, especially since I already have a large collection of tool holder and arbors. However, it just seems like "too large a leap" from MT5 to the Wolden which appears to be about a 50 taper. The two set screws in this system are pretty simple and if the taper is a true NMTB 50 then the set screw notches would be easy on standard "50" tool holders.
Just my thoughts, for what they are worth.
Steve