{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETP",
        "leverage": false,
        "derivatives": true,
        "swaps": true,
        "inverse": false,
        "replication_method": "synthethic",
        "complex_factors": "The ETP uses an options based income strategy. It relies on selling options on Alibaba Group Holding Ltd (BABA). The strategy involves derivatives which are central to the strategy and risks like counterparty default are hard to grasp.",
        "classification": "complex",
        "supporting_data": "The IncomeShares Alibaba (BABA) Options ETP is explicitly classified as 'not simple' in the KID and includes a comprehension alert. The return is linked to the performance of the LS Alibaba Options-Based Income Strategy. The ETP aims to generate monthly income by selling options. This use of options, which are derivatives, means the instrument is complex and the client's ability to understand the risks is a key MiFID II determinant in its classification as complex. The underlying assets in respect of this product are held in the margin account. The ETP is not principal protected and you may lose some or all of your investment. The recommended holding period is 1 year. The scenarios detail losses that could occur."
    }
}