Building Tomorrow’s Markets
A unique product and business development firm in global environmental markets, climate risk, and related commodities – we are building tomorrow’s markets
Webinar: EMA State of the Markets
Moderated by IncubEx’s Jim Kharouf, market experts Roman Kramarchuk (S&P Global) and Jennifer McIsaac (ClearBlue Markets) recap notable environmental markets highlights from 2022 and discuss what’s in store for environmental markets in 2023.

Products on EEX

TVCM

Products on Nodal

Insurwave
Washington Carbon Allowances
Looking to trade WCAs? Washington state’s carbon program is up and running. The new WCA futures and options contracts are now listed on Nodal Exchange.
Click to learn more about the program and market.
What Makes Us Different
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 market.
Core Values Drive Our Business

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

Innovation
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.

Details
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.
Industry Updates
Blogs, Insights, and News
The WCA Auction Marks Another Carbon Market Milestone
Yesterday’s release of the results from the inaugural Washington state carbon...
First Washington Carbon Allowance Futures Trades on Nodal Exchange
WASHINGTON & CHICAGO Nodal Exchange and IncubEx announced today the successful...
European and North American Volume – February 2023
See below for February trading results from our partner exchange!