Daishin Securities will lower the annual rate on sale-backed loans (borrowing against pending stock sale proceeds before settlement) to 5.0% from 8.0% starting on the 21st of this month, a 3.0 percentage-point cut that the company said would be the lowest in the securities industry. It will also reduce the overdue interest rate on unpaid balances tied to margin trades (stock purchases financed partly with brokerage loans) to 7.2% from 12.0%. The brokerage said the change is meant to ease financing costs for clients as recent financial-market volatility drives stronger short-term funding needs, helping investors access cash during settlement delays and reducing the burden from overdue margin payments.