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

First-Ever Physical Delivery of California Low Carbon Fuel Standard Futures Completed on Nodal Exchange

8/31/2020 WASHINGTON & CHICAGO Today, market participants on Nodal Exchange completed the first-ever physical delivery of LCFS credits from a futures contract. The credits were delivered in the LCFS Reporting Tool and Credit Bank & Transfer System (LRT-CBTS)...

Nodal and IncubEx Expand Environmental Markets with Five New Contracts and Fourteen REC Vintage Extensions

6/2/2020 WASHINGTON & CHICAGO - Nodal Exchange today launched new North American environmental futures and options contracts on the Oregon Clean Fuels Program and renewable energy certificates (RECs). New extended vintages on fourteen previously listed REC...

Trading Technologies and Nodal Exchange Launch Collaboration to Provide Market Access Through the TT® Platform

3/11/2020 WASHINGTON & CHICAGO Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and Nodal Exchange, a derivatives exchange providing price, credit and liquidity...

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