{
    "type": "ETP",
    "ucits": false,
    "leverage": true,
    "derivatives": true,
    "swaps": true,
    "inverse": false,
    "replication_method": "synthetic",
    "complex_factors": [
        "Leverage",
        "Swaps",
        "Daily Compounding Effect",
        "Counterparty Risk",
        "High Risk Rating (7/7)"
    ],
    "classification": "complex",
    "supporting_data": "The WisdomTree FTSE 100 2x Daily Leveraged ETP exhibits multiple complexity indicators under MiFID II. It uses synthetic replication via swaps to achieve 2x daily leveraged exposure to the FTSE 100 Index, which introduces counterparty risk and requires understanding of daily compounding effects. The product has a high risk rating of 7/7, indicating significant potential for loss. The leveraged structure and the use of derivatives for achieving the leverage make it unsuitable for retail investors without specific knowledge. Additionally, the product is not UCITS compliant, further supporting its classification as complex.",
    "confidence": 95
}