Files with CMX extension are Corel Exchange image file format (also known as Corel Metafile Exchange) that is used as presentation by CorelSuite applications. It contains image data as vector graphics as well as metadata that describes the image. CMX files can be opened by CorelDraw, Corel Presentations, Paint Shop Pro and some versions of Adobe Illustrator. CMX files can be converted to other formats such as JPG and EPS.
PSD, Photoshop Document, represents Adobe Photoshop's native file format used for graphics designing and development. PSD files may include image layers, adjustment layers, layer masks, annotations, file information, keywords, and other Photoshop-specific elements. Photoshop files have default extension as PSD and have a maximum height and width of 30,000 pixels, and a length limit of two gigabytes.
You can also convert CMX into many other file formats. Please see the complete list below.