{
    "leverage": true,
    "derivatives": true,
    "swaps": false,
    "inverse": false,
    "replication_method": "physical",
    "ucits": false,
    "type": "ETP",
    "complex_factors": [
        "Leverage (3x)",
        "Daily rebalancing with compounding effect",
        "High risk profile (Risk level 7/7)",
        "Short-term trading focus",
        "Potential for significant losses"
    ],
    "classification": "complex",
    "supporting_data": "The product is classified as complex primarily due to its 3x leverage, which magnifies both gains and losses, making it unsuitable for retail investors without sophisticated knowledge. The daily rebalancing mechanism introduces compounding effects that can lead to returns diverging significantly from the underlying asset's performance over time. The product's risk profile is rated at the highest level (7/7), and it is explicitly stated to be intended for sophisticated investors who can monitor positions frequently. While the replication method is physical (owning the underlying Boeing stock with margin), the leverage and compounding effects create complexity that requires specialized understanding. The product's short-term trading focus and potential for significant losses further support its classification as complex under MiFID II.",
    "confidence": 95
}