[{  "name": "Global X S&P 500 Quarterly Tail Hedge UCITS ETF - USD",  "isin": "IE000EPX8KB7",  "plainVanilla": false,  "regulatedMarket": true,  "derivatives": true,  "leverage": false,  "understandable": false,  "liquid": true,  "replication": "synthetic",  "complexFeatures": true,  "classification": "complex",  "details": "The asset is not a standard financial instrument as it is an ETF that seeks to replicate the returns of a specific index through the use of derivatives, specifically put and call options. The asset is listed on regulated markets. The ETF involves derivatives directly as it uses options to achieve its investment strategy. There is no leverage involved in this ETF. The structure of the ETF and the nature of the options may not be easily understandable for retail investors due to their complexity. The ETF has a strong trading volume and is actively traded. The ETF has complex features due to its focus on options and the specific index it tracks."}]