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 ?
"There was a limit," Hodel reflects in the midst of their challenges, "a moment when knowledge, falling drop by painful drop, caused the spongelike heart to overflow.
Picture a falling drop of water, and in the split-second that it hits the surface and splashes upwards it forms a bowl shape.