[{  "name": "GraniteShares FAANG ETP",  "isin": "XS2679084603",  "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 a collateralised Exchange Traded Product (ETP) that tracks the performance of the Solactive FAANG Equal Weight Index. The asset is listed on regulated markets. The ETP involves derivatives as it uses a fully funded swap for replication. There is no leverage involved in this ETP. The structure of the ETP and the nature of contingent convertible bonds may not be easily understandable for retail investors due to their complexity. The ETP has a strong trading volume and is actively traded. The ETP has complex features due to its focus on contingent convertible bonds."}]