Brazil's Cetip quarterly profit largely in line with estimates
SAO PAULO Nov 6 (Reuters) - Net income at Brazil's Cetip SA Mercados Organizados rose to a record in the third quarter, largely in line with estimates, as clearing and custody revenues weathered market volatility and a recovery in car sales bolstered income from auto loan liens.
Cetip, Latin America's largest securities clearinghouse, earned 108.1 million reais ($42.1 million) during the quarter, compared with the average estimate of 109 million reais in a Reuters poll of five analysts.
(U.S. $1 = 2.5692 Brazilian reais) (Reporting by Guillermo Parra-Bernal)
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