[{  "name": "Global X S&P 500 Quarterly Buffer UCITS ETF - USD",  "isin": "IE000LSRKCB4",  "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 the S&P 500 15% WHT Index while buffering investors against the first 5% of losses each quarter through the use of options. The asset is listed on regulated markets. The ETF involves derivatives as it buys and sells put options and sells at-the-money call options. There is no leverage involved in this ETF. The structure of the ETF and the nature of contingent convertible bonds 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 contingent convertible bonds."}]