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 ?
Richard Hannon's youngster was dropping back to the minimum after three unplaced efforts over six furlongs and, on this evidence could well follow up under a 6lb penalty in the coming weeks.
Winner of the 2011 Kentucky Derby and this year's Dubai World Cup, Animal Kingdom will be dropping back in trip and tackling a straight mile for the first time.
With the return of players like Steven Pienaar, and Marouane Fellaini dropping back into a holding midfield role, the team now has a better cohesion.
Safety Dennis Keyes will be UCLA's safety valve, dropping back when the Bruins keep their defense on the field.
Downing is the best-placed Briton in the race in eighth - three minutes, 21 seconds down on Pedersen - with Roger Hammond, leader of the GB team, dropping back to 20th.