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 ?
In race two it ended up being a carbon copy of race one, with Leigh dropping back at the start of the race before regaining his lead and taking victory with five seconds in hand to lead the championship by 23 points.
While the form of that race has not worked out too well, Magician proved himself as a toplevel performer when dropping back to a mile to win the Curragh Classic late last month.
Dropping back another place to third on the fifth lap, Pierce kept this position to the chequered flag.
Hill ran wide, dropping back to 11th while Byrne held on to second, as Stuart Easton charged through on his MSS Colchester Kawasaki.
A news crew filmed the women being plucked to safety from a rooftop by a highway patrol helicopter - then dropping back into the floodwater.