{
    "success": true,
    "data": {
        "leverage": true,
        "derivates": true,
        "swaps": true,
        "inverse": true,
        "replication_method": "synthetic",
        "ucits": true,
        "type": "ETP",
        "complex_factors": [
            "Leverage",
            "Inverse Strategy",
            "Derivatives",
            "Daily Rebalancing",
            "Compounding Effect"
        ],
        "classification": "complex",
        "supporting_data": "The Leverage Shares -2x Short Tesla ETP Securities is classified as complex due to several factors.  The KID explicitly states: 'You are about to purchase a product that is not simple and may be difficult to understand.'  The ETP seeks to provide -2 times the daily performance of Tesla stock, using an inverse leveraged strategy. This inherent leverage, compounded daily, introduces significant risk and makes understanding the long-term performance difficult. The use of derivatives, although not explicitly detailed, is implied by the investment objective and the daily rebalancing of leverage.  Synthetic replication (in the margin account) is almost certain, introducing counterparty and collateral risks, which are not easily understood by retail investors lacking sophisticated financial knowledge. The high risk indicator of 7/7 and the provided performance scenarios further support this complexity assessment. The compounding effect and the significant potential for losses clearly indicate that this is not a simple product easily grasped by retail investors with basic knowledge."
    }
}