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 ?
The nursery (2.35) is a little tricky but Greyscape should be able to build on his Bellewstown maiden success, with Dancing On Air a viable alternative now she drops back in class.
The Invincible Spirit colt drops back to a mile on Sunday after delighting connections in a piece of work on Tuesday.
MARCUS TREGONING expects Sir Percy to bounce back from his Epsom disappointment when he drops back to 10 furlongs at Royal Ascot next week.