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ICE names next president of ICE Clear US

Intercontinental Exchange Inc. said Thomas Hammond willretire as president of ICE Clear U.S. on Jan. 1, 2017.

Hester Serafini, currently COO of ICE Clear U.S., will succeed Hammond aspresident.

Hammond will begin transitioning his responsibilities toSerafini starting Oct. 1, and will assume new responsibilities advising onglobal strategic clearing initiatives from Jan. 1, 2017. He has been presidentof ICE Clear U.S. since August 2007.