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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Drop

To remove a security from a list of securities for which a dealer serves as a counterparty in the over-the-counter market.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
She never dropped names, but she insinuated that a man from the crew had physically assaulted her.
Mabesa doesn't watch TV, opting instead to read books, especially biographies and autobiographies; he is excited to dig into Leonardia's pasalubong, 'Dropped Names: Famous Men and Women as I Knew Them,' actor Frank Langella's juicy memoirs.
The Ministry of Endowments and Religious Affairs has replaced the dropped names with 1,181 new names, including 224 females.