{
    "success": true,
    "data": {
        "type": "ETP",
        "ucits": false,
        "leverage": true,
        "derivatives": true,
        "swaps": true,
        "inverse": false,
        "complex_factors": [
            "Leverage",
            "Synthetic Replication (implied by daily rebalancing for leverage)"
        ],
        "classification": "complex",
        "supporting_data": "The product is explicitly described as 'Leverage Shares 2x Facebook ETP Securities' and aims to provide '2 times the value of the daily performance of the Facebook, Inc. equity security'. This use of leverage, particularly '2 times', combined with daily rebalancing, introduces complexity due to compounding effects. The product is classified as 'class 7 out of 7' on the risk indicator, indicating the highest risk. The KID also contains a comprehension alert: 'You are about to purchase a product that is not simple and may be difficult to understand.' While not a UCITS, the core reasons for complexity align with MiFID II principles regarding leverage and potentially difficult-to-understand payoff structures. The use of Total Return Swaps is implied by the need to replicate the index performance with leverage, thus introducing counterparty risk and making it complex. The target investor is described as 'sophisticated investors' with specific understandings of leveraged products and compounding, further reinforcing its complexity."
    }
}