The Green Impact Exchange (GIX) has been given the go-ahead by the Securities and Exchange Commission to launch the first U.S. stock market dedicated to the emerging $35 trillion sustainability economy. GIX expects to begin operating in early 2026.
GIX CEO and co-founder Dan Labovitz said the SEC’s approval of the company’s Form 1 application earlier this month represents an important step forward for sustainability-minded investors and companies.
“We are grateful to the SEC commissioners and staff for their thoughtful engagement throughout the application process, and their support for market-driven innovations that will improve capital formation. We look forward to launching the Green Impact Exchange,” he said in a press release on the company’s website.
As a registered securities exchange, GIX will be a listings and trading venue that is strategically focused on sustainability, serving public companies and investors as they preserve and create value, manage climate-driven risks, and meet the growing global demand to develop and deploy sustainable solutions.
GIX’s trading platform will be powered by state-of-the-art technology from exchange operator MEMX, and will offer non-tiered, competitive liquidity and quoting programs for members and market makers. GIX will also be part of the National Market System, ensuring best execution for all trades directed or routed to GIX.
“Climate risk is business risk. It’s that simple. U.S. investors and companies are continuing to pursue sustainability because it makes financial and competitive sense,” said GIX president and co-founder Charles Dolan. “Public markets like GIX have a pivotal role to play in connecting sustainable investors with companies that understand that.”
GIX was founded by a team of financial services professionals with decades of deep experience in global exchanges, market & trade operations, corporate governance, and sustainability.
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