A Unique Blend Of Yachting & Financial Experience
YOPTION$ was created by yachting and finance professionals to solve one of the oldest problems in the industry - how to protect yourself against currency fluctuations in the time between placing a deposit for a boat and making balance and final payments. In addition, we offer a suite of services for yachting industry companies to manage their currencies and currency risk management.
Through Assure Hedge UK Ltd, a partner company, companies can access regulated FX products that can assist in managing your FX risk and cash flow needs. Assure Hedge (UK) is authorised and regulated by the FCA to arrange and deal in derivative FX products.
Headquartered in London and supported by a team of over 20 professionals, we can provide instant quotations for boat buyers, dealers and manufacturers wishing to mitigate their potential currency risk.
Simon Turner, creator of YOPTION$, has over 20 years experience in the yachting industry representing some of the worlds leading brands including Benetti, Azimt, Beneteau, Lagoon, Searay, Wauquiez, Sealine, Majesty Yachts, Camper & Nicholsons, Northrop & Johnson and Simpson Marine.
Through this experience he consistently witnessed boat buyers having to pay more than originally planned for a new or second hand purchase.
Prior to yachting, Simon had over a decade in the financial media industry with leading names such as Euromoney Institutional Investor and Informa Plc which gave him an excellent grounding and working knowledge of financial products.
YOPTION$ is the result of this combined experience which now gives yacht buyers peace of mind when acquiring a yacht in a foreign currency.
YOPTIONS Limited is not authorised or regulated to deal in sophisticated FX products directly and any such services are provided by our FCA regulated partner, Assure Hedge UK.