{
    "success": true,
    "data": {
        "leverage": true,
        "derivates": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthetic",
        "ucits": false,
        "type": "ETP",
        "complex_factors": [
            "Leverage",
            "Derivatives",
            "Daily Rebalancing (Compounding Effect)"
        ],
        "classification": "complex",
        "supporting_data": "The Leverage Shares 3x Long Financials ETP Securities uses leverage (3x daily performance) and derivatives to achieve its objective. The KID explicitly states that this product is not simple and may be difficult to understand, providing a comprehension alert.  The daily rebalancing introduces compounding effects, which further increases complexity and risks that are not easily grasped by retail investors with basic knowledge, especially over longer holding periods.  The use of derivatives, even if to replicate index performance, introduces counterparty and collateral risks.  The high risk indicator (7/7) and the provided scenarios highlighting significant potential losses support this classification as complex."
    }
}