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 next drop off event at the church will be held on Saturday, August 6.
JLA spokesman Robin Tudor said: "The car park was never designed as an area to drop off so we are going to have an area in it for dropping off.
I told him I was not familiar with picking up or dropping off passengers to ride on the Metro system, and that there were no signs posted telling drivers where to go to either drop off a passenger or pick one up,'' Bill said.
Los Angeles and many suburban communities will open centers to drop off whole trees early next week.
With $5,000 donated by the PTA, officials of Vista San Gabriel Elementary School are moving the area where parents drop off and pick up their children and installing a sturdy fence as a barrier at the new drop-off point.
In just 18 months of franchising Snappy Auctions is the leading franchisor of eBay drop off stores with 52 locations in 23 states.
The easy drive allowed a quick turnaround time for Erwin Demingoy of Newport Beach, who read about the reopening of the central terminal area and decided to brave a drive in to drop off travelers.
NUMARKETS LAUNCHES THE FIRST EBAY DROP OFF STORE MODEL COMMUNITY AND READIES TO OPEN 4TH STORE IN THE GREATER CHATTANOOGA AREA
Postal Service is closed Monday for Columbus Day, but residents can drop off their ballots to ensure they will be counted.