4 Financial Stock Stories for Savvy Investment

CME Group (NASDAQ:CME): Current price $60.88

The derivatives marketplace reported Tuesday that its March 2013 volume averaged 12.5 million contracts per day, which was flat compared year-over-year with 2012. Total volume for March 2013 was over 249 million contracts, of which 88 percent was traded electronically. First-quarter 2013 volume averaged 12.5 million contracts per day, up by 1 percent year-over-year. Highlights included record quarterly futures and options volume in the British Pound, Japanese Yen, Ultra Treasury Bond, longer-dated Eurodollar and live cattle contracts.

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CME

MetLife (NYSE:MET): Current price $38.21

The insurance giant MetLife is said by a number of sources to be considering bringing hundreds of additional jobs to the big banking center Charlotte, on top of the 1,350-employee expansion it announced in March, says Charlotte Business Journal. The sources also said that an announcement might come as soon as this week, and that MetLife could eventually bring as many as 1,000 additional jobs to the area, moving the total company employment in Charlotte to in excess of 2,000.

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MET

Flagstar Bancorp (NYSE:FBC): Current price $13.81

The firm was ordered on Monday to pay an additional $17.3 million to the bond insurer Assured Guaranty in a lawsuit which  alleges that the bank misrepresented the quality of loans bundled into $900 million worth of mortgage-backed securities. United States District Judge Jed Rakoff in Manhattan ordered the payout, which brings Flagstar’s total liability to $106.5 million. A copy of the order was made available to Reuters.

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FBC

JPMorgan Chase & Co. (NYSE:JPM): Current price $48.23

Because of a measure finalized by the United States Commodity Futures Trading Commission, JPMorgan Chase, Barclays, along with other banks will now be exempt from Dodd-Frank Act swap market rules when trading between or among their own affiliates, says Bloomberg. The new rule forms a part of the commission’s mandate to reduce risk and expand transparency in the $639 trillion-global swaps market.

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JPM

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