  Hot Call - Definition Definition:
A hot call is when a stock broker or other investment professional
calls one of their leads. These are typically people who have
said that they want to open an account with them prior to the phone
call. A call where the broker does not personally know the
client is called a "cold call." TeenAnalyst Advice: Obviously, hot calls have a greater rate of success than cold calls. They say for every 50 cold calls a broker places, he'll get 3 appointments. Of those, only 1 will result in a new client. But hot calls (and "warm calls" in which a mild amount of interest is expressed by the client) result in much better turnover rates.
Related Sections
on Our Website Investing - Learn more about investing basics and strategies. Stocks - Learn about investing in stocks
#
- A
-
B -
C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
- Y
- Z
|
