A unique product and business development firm in global environmental markets and related commodities – we are building tomorrow’s markets

What Makes Us Different

We’ve created the world’s largest suite of listed environmental markets

Our team pioneered many of the first exchange traded environmental contracts. We build on that experience with a strategic vision to become the leading environmental commodity specialist.

Core Values Drive Our Business


Our strong connection with customers, partners and other market participants help us create and expand markets. Through trusted dialog and customer feedback, we design new contracts and make key improvements to existing markets. Our personal connections are the cornerstone for everything we do.


Our team uses decades of combined experience and established relationships to identify evolving market dynamics and launch and adapt contracts with purpose, agility and precision.


We work with customers and our exchange partners to analyze product details and market infrastructure to create efficiencies. Knowing the details that matter makes the difference and we are dedicated to continuous improvement.

IncubEx News

Nodal and IncubEx to Expand Environmental Markets with Seven New Renewable Contracts

10/29/2020 WASHINGTON & CHICAGO  Nodal Exchange and IncubEx today announced the upcoming launch of seven new Renewable Energy Certificate (REC) futures and options on November 17, 2020. Pending regulatory review, Nodal will list physically-delivered futures...

Delivering on RINs

10/27/2020 CHICAGO - (ETHANOL PRODUCER MAGAZINE) Companies in renewable fuels know how challenging these markets have been. One firm and its partner exchange are addressing the financial risk and adding capital efficiencies to the industry with a new tradable contract...

Nodal and IncubEx to launch first-ever physically delivered RIN futures

10/9/2020 WASHINGTON & CHICAGO – (BUSINESS WIRE) Nodal Exchange and IncubEx announced today the upcoming launch of eight new Renewable Identification Number (RIN) futures and options contracts. Pending regulatory review, Nodal will list the first-ever physically...

Contact Information

Please contact IncubEx with any questions regarding our products, how to trade, or feedback for new or existing products.

London Office


+44 (0) 203 965-2000

5 Clifford Street

Mayfair, London


Chicago Office


+1 (312) 464-9801

410 N Michigan Ave.

Suite 910

Chicago, IL 60611