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 speed he showed on that downhill track leaves him well equipped to deal with the drop back to 6f, while his proven ability to handle soft ground is another big plus.
"I asked him to drop back in and play a 4-4-2 and he did because he'd do anything for the team.
The drop back in distance should help him in the Sean Graham Dundas Street Handicap Chase.
"Either demand will improve or it will stay slack and the market will drop back," he predicts.
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.
"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.
Vino Griego (1.00) has travelled like a good horse in his last couple of starts and, despite top weight, I think the drop back in trip will suit in the Ascot opener.
This set up a tense finale as both sides came close to scoring, Colts being held up over the line before sustained pressure saw Emmanuelli drop back to slot his field goal over from 20 metres out.
The Mark Of Esteem colt has not won in three outings since his Derby victory, but his trainer Tregoning expects the drop back from 1m4f to 1m2 1/2 f of the Prince Of Wales's Stakes at the Royal meeting to bring about a return to form.
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.