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BATS looking for Brazil clearing partners

RIO DE JANEIRO, June 29 | Fri Jun 29, 2012 1:48pm EDT

RIO DE JANEIRO, June 29 (Reuters) - U.S. exchange BATS is on the lookout for partners in Brazil on clearing, custody and registration of financial assets to begin operating in that country, a senior company official said on Friday.

The exchange has not decided when it will start operations in the country, Ken Conklin, BATS' senior vice president for business development, told reporters in Rio de Janeiro.

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