IncubEx, LLC, a financial markets incubator and business development team, announces the launch of its operations.
IncubEx will develop new products and services through partnerships with leading financial service and financial technology firms. The IncubEx team has extensive experience and customer relationships in global energy and environmental commodities, reinsurance, and other closely related asset classes.
“With the launch of IncubEx, I am pleased to bring together key leaders from teams that helped innovate and build successes over two decades. They have pioneered emissions allowance trading, developed reinsurance markets and helped build businesses such as Climate Exchange PLC,” said Michael MacGregor, IncubEx CEO.
Chairman Neil Eckert, cited the growing scale, scope and sophistication of the global derivatives markets, “Following a successful capital raise, we are finding strong interest from leading exchanges and other potential partners. The IncubEx team brings a record of delivering value to customers, investors, and the broader trading community. We are well positioned to grow our business in these rapidly evolving markets.”
IncubEx is an incubator for products, services and technology solutions in environmental markets with partners and stakeholders to design and develop new financial markets, technologies and trading solutions in global environmental, climate risk, and related commodity markets. IncubEx serves as the operator of The Voluntary Climate Marketplace (TVCM). The company also works in conjunction with its global exchange partner, European Energy Exchange (EEX) and its U.S. subsidiary, Nodal Exchange. The IncubEx team is led by former key executives from Climate Exchange, which pioneered exchange listed environmental futures and options contracts and CCX, the world’s first and only voluntary, but legally binding greenhouse gas emission reduction and trading program. IncubEx, a privately held company founded in 2016 with offices in Chicago and London, is uniquely positioned to capture these opportunities globally with its partners. For more information, please visit https://theincubex.com/.