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

First Financially Settled CCAs on Nodal Exchange

Nodal Exchange and IncubEx successfully launched and posted the first trade of financially settled California Carbon Allowance (CCA) futures and options contracts on March 30, 2026. See the product specs here HERE.

What We Do

IncubEx is a product and market development firm in environmental, climate risk, and related commodities for exchange-traded and OTC markets. We’ve built the world’s largest suite of exchange-listed and OTC environmental products with our partners.

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 continuous improvements to existing markets. 

Innovation

Our team uses decades of combined experience and established relationships to identify evolving market dynamics and develop contracts with purpose, agility and precision. We’ve improved established products and pioneered new contracts in others. 

Details

We work with customers and our exchange partners to analyze and improve products and market processes. Knowing the details that matter makes the difference.