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Hot Call

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.

 

Discuss It!
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Let us have a deeper look into the explanatory side of the term hot call. Well.,..hot call occurs when the stock trader calls for one of the leads. These category people are moire inserted in opening up accounts often.

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Jacsonville Horizon Innovations Inc Florida said:

If you really want the sale, you won't wait for a 'hotcall' or a 'warm lead.' According to Horizon Innovations, you should just go out there and get it done. People will buy from you if they like you.

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