How to trade CXMT
CXMT perpetual CFDs - long or short, 24/7
Speculate on the price of China's largest memory-chip maker with perpetual CFDs. No expiry, no share ownership, and no market close - weekends and holidays included.¹

China's memory-chip giant: Who is CXMT?
The company behind China's growing memory-chip industry.
CXMT (ChangXin Memory Technologies) is China’s largest DRAM memory-chip maker that produces the high-performance memory used in smartphones, laptops, servers and AI computing infrastructure. As demand for AI and advanced computing grows, CXMT has become a significant participant in the global memory-chip industry.
Following its blockbuster IPO on Shanghai's STAR Market on 27 July 2026, CXMT attracted global attention – raising $8.6 billion and becoming one of Asia's largest public offerings. The strong investor response pushed the company's valuation to around $487 billion, strengthening its position as a major player in China's semiconductor sector.²
CXMT perpetual CFDs at a glance
Before placing a trade, it’s important to understand these key product features.
| Features | |
|---|---|
| Full name | ChangXin Memory Technologies (CXMT) perpetual CFDs |
| Ticker | CXMT.CN-PERP |
| What you trade | A synthetic price that tracks the value of the CXMT company, rather than its actual shares listed on the Shanghai Stock Exchange. |
| Quote currency | USDC |
| Trading hours | 24/7, weekends and holidays included, never closes |
| Expiry / Rollover | No fixed expiry. |
| Funding / Overnight swap rate | Funding is set weekly in advance and applied daily at rollover, 5pm NY time. Depending on the weekly rate, funding may be a cost or a credit. |
| Commission | No commission. |
| Contract size | 1 lot = 1 CXMT share |
| Margin | 20% Pro / 50% retail |
| Ownership | Synthetic CFD with no right to, or ownership of, CXMT shares. |
| Direction | Go long or short. |
| Platforms | TradingView, MetaTrader 5(MT5), cTrader, Pepperstone platform and app. |
Last updated: 5 August 2026
Why trade CXMT perp CFDs?
Gain access to a hard-to-reach market with the flexibility of perpetual CFDs.
Go long or short, 24/7
Take a view in either direction whenever news hits, day or night, weekends or holidays.
Transparent weekly funding
Know your costs in advance with a daily funding rate, set weekly and no broker markup.
No expiry date
Hold your position for as long as your margin requirements are met.
Trade on familiar platforms
Access on the same account and platforms you use. No crypto wallet needed.
How to start trading CXMT perp CFDs
Gain exposure to CXMT in minutes with our simple process.
1
Create account
Register, verify your identity, and select your preferred platform and account type.
2
Fund your account
Deposit using one of our secure payment methods.
3
Open your position
Set your contract size, stop and limit orders and view your fees before you hit buy or sell.
4
Monitor your trades
Adjust size and stops, manage risk and track news, earnings and price charts.
What could move the CXMT price?
There are several key factors that could influence CXMT's next move. Whatever your approach, manage your risk before you trade.

Other semiconductor markets to keep an eye on
Explore CFDs on other shares and ETFs that may move in response to the same market trends influencing CXMT.

Samsung Electronics perp CFDs
A global leader in memory chips and HBM race.

SK Hynix perp CFDs
The leading supplier of high-bandwidth memory to Nvidia.

Micron Technology perp and share CFDs
A major producer of DRAM, NAND and HBM used in AI infrastructure.

DRAM ETF perp CFDs
An ETF focused on global memory and semiconductor.
FAQs
Ready to trade better
Switch to Pepperstone now and join our global community of over 900,000 traders.⁴ Apply in minutes with our simple application process.
1
Register
Sign up with your email address and get a free demo.
2
Answer
We’ll check your suitability for our products.
3
Verify
Your safety is our top priority.
4
Fund
That’s it! You’re ready to trade.
1 Perpetual CFDs are complex, high-risk leveraged products that may not be suitable for all traders. You do not own CXMT shares or receive shareholder rights. Trading is subject to Pepperstone's trading hours, liquidity, pricing, margin requirements and product terms.
2 Market data and valuation figures sourced from Reuters and Yahoo Finance on 27 July 2026.
3 Samsung Electronics Newsroom,"Samsung Ships Industry-First Commercial HBM4 With Ultimate Performance for AI Computing" (2026); industry reporting on the HBM market and AI memory sector.
*Total number of accounts held with the Pepperstone Group globally, correct as of 1 March 2026.