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 ?
Scorpions' best attack of the game was on 50 minutes and was thwarted after James Greenwood dropped the ball while under pressure.
Looks like Mr Khan really dropped the ball on that one.
The visitors were allowed to score a try from a blatant knock-on not spotted by the referee and the Blues missed a touch down opportunity when centre Vinnie Dutton dropped the ball over the line.
Ian Holmes duly dispatched the penalty following Hinckley's remonstrations, which came just five minutes after Andy Hall had missed an open goal when Eastwood goalkeeper Ross Turner dropped the ball at his feet.
It seems we really dropped the ball when it came to grip-maker Roy Fishpaw's address and phone number in the last issue.
FEMA, through its misguided promotion of Operation Blessing, has dropped the ball once again.
In relation to 6.05(1), the umps could kill a play by calling "time" immediately if they think a fielder has intentionally dropped the ball.
As he was walking across he has just dropped the ball."
One good list NL/NL wanted to rent in order to promote the competition never materialized; the broker dropped the ball.
Just before the break Hogarth dropped the ball from a corner and Rodgers tapped it home.
Cullen dropped the ball a couple of times early on last weekend and then barely got a touch as the rain poured down.
"The bottom line is with 10.5 million children dying around the world each year from easily preventable causes -- things that could be stopped at very low costs -- this is an area where the world community has really dropped the ball over the last decade.