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 classic literature ?
With tense nerves he sat leaning forward in his chair, but suddenly he relaxed and dropped back, smiling.
It was evident that the effort of speaking had been much greater than her studied composure betrayed, and that at his first word of reassurance she had dropped back into the usual, as a too-adventurous child takes refuge in its mother's arms.
Even to the shoes he searched with painstaking care, and when the last article had been removed and scrutinized he dropped back upon the bed with dilated eyes that saw nothing in the present-- only a grim tableau of the future in which two forms swung silently from the limb of a great tree.
Dropped back to six furlongs for a Listed heat at Salisbury on his latest start in June, soft ground was against him as he pitched into all-aged company but he was not totally disgraced in finishing a three-and-a-half-length fifth.
Win or lose at Goodwood, I'd like to see him dropped back further in trip to take advantage of a weak sprint division in the Sprint Cup before stepping back up to a mile in the Breeders' Cup.
Summary: Jaipur (Rajasthan) [India], July 2 (ANI): A man took a minor girl for a ride, allegedly raped her and dropped back at her home in Jaipur on Monday.
"I dropped back at the In a spin Mutch had to settle for eighth and 13th start, got hit at some point and had some tyre damage and I'm surprised it held on to the end.
The 10-year rate has dropped back under the 3% mark to 2.995%, knocking the 2s-10s to 16.9 bps, the narrowest in over a decade.
BLOWN BY WIND (Mark Johnston) HAD ran well to be a staying-on seventh in the Group Two Coventry Stakes on his first try at six furlongs and the juvenile scored dropped back into a Conditions event at Pontefract.
It was no surprise to see him pay for his early exertions as he dropped back through the field and the good to firm ground subsequently left its mark on Elm Park.
Meanwhile the proportion of tenants' rent which is late or unpaid has dropped back from 8.5% a year ago to 7.8%, in further signs that household finances are improving.