Drop

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Drop

Refers to over-the-counter trading. Remove from OTC trading list; hence, no longer making a market in a security.

Drop

To remove a security from a list of securities for which a dealer serves as a counterparty in the over-the-counter market.
References in periodicals archive ?
The drop back in distance should help him in the Sean Graham Dundas Street Handicap Chase.
The market was able to rebound from a 167 point drop back on July 16th because it seems that any recent drop in stock prices has been seen as a buying opportunity, rather than an indication that it might be time to abandon the market for greener pastures in the bond market.
I think the Nassau Stakes would appeal for her, but the German Oaks, although a drop back in trip, might be the easiest option.
We'll probably him drop back in trip and run him over six furlongs," said Botti.
A drop back in trip is certain for the sevenyear-old, trained by the jump jockey's father Colin, with his next run pencilled in for next month after he finished fifth behind Long Run on Boxing Day.
Byrne tried to hit back, briefly going ahead at Paddock Hill on the penultimate lap, only to run wide and drop back to third, behind his team-mate, the reigning champion Ryuichi Kiyonari.
Richard Hannon's gelding has run well on both starts here this spring and will appreciate the drop back to five furlongs after appearing not to get home in a better-grade handicap last time.
Regrettably, another reason they do this is to avoid some other idiot filling the gap that is created as soon as they drop back.
Mulvenna will reconsider his options when new import defenceman Jeff Burgoyne arrives, probably next week, but Cowmeadow is likely to drop back against at Solihull on Saturday and Basingstoke at home on Sunday.
They are no longer able to simply drop back to specific points on the field, read the quarterback, and shut down the receivers.