The Montreal Exchange is seeking comment on a plan to start trading currency options.

ME plans to introduce European-style, cash-settled options on foreign currencies targeted at retail investors. Initially, it will offer options on the U.S. dollar and the euro. The exchange says it may add larger contracts aimed at institutional investors, depending on demand,

ME says that it’s introducing currency options in response to investor and market maker interest. The goal of the new product is to provide market players with risk management products in the large foreign exchange market.

Currently, the exchange’s rules don’t allow for currency options. So, it’s seeking board approval to amend its rules allowing it to introduce the new products. Comments are due within 30 days.