IntercontinentalExchange clearinghouse ICE Clear Credit filed a request with the Securities and Exchange Commission to guarantee the Markit CDX Emerging Markets Index. ICE Clear Credit thinks the index of credit default swaps "has become increasingly important for market participants to manage risk and express views with respect to emerging market sovereign credit," according to a regulatory notice. Clearing the index "will facilitate the prompt and accurate settlement of swaps and contribute to the safeguarding of securities and funds associated with swap transactions."

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