diff --git a/rfqmsg/buy_request.go b/rfqmsg/buy_request.go
index 7ad35146d..fa91d2bca 100644
--- a/rfqmsg/buy_request.go
+++ b/rfqmsg/buy_request.go
@@ -15,7 +15,7 @@ import (
 const (
 	// latestBuyRequestVersion is the latest supported buy request wire
 	// message data field version.
-	latestBuyRequestVersion = V0
+	latestBuyRequestVersion = V1
 )
 
 // BuyRequest is a struct that represents an asset buy quote request.
diff --git a/rfqmsg/request.go b/rfqmsg/request.go
index 9b7dc534e..fcb96e299 100644
--- a/rfqmsg/request.go
+++ b/rfqmsg/request.go
@@ -19,7 +19,7 @@ const (
 
 	// latestRequestWireMsgDataVersion is the latest supported quote request
 	// wire message data field version.
-	latestRequestWireMsgDataVersion = V0
+	latestRequestWireMsgDataVersion = V1
 )
 
 type (
@@ -231,7 +231,7 @@ func newRequestWireMsgDataFromSell(q SellRequest) (requestWireMsgData, error) {
 // Validate ensures that the quote request is valid.
 func (m *requestWireMsgData) Validate() error {
 	// Ensure the version specified in the version field is supported.
-	if m.Version.Val > latestRequestWireMsgDataVersion {
+	if m.Version.Val != latestRequestWireMsgDataVersion {
 		return fmt.Errorf("unsupported quote request message data "+
 			"version: %d", m.Version.Val)
 	}
diff --git a/rfqmsg/request_test.go b/rfqmsg/request_test.go
index f20f50b99..c48dd9831 100644
--- a/rfqmsg/request_test.go
+++ b/rfqmsg/request_test.go
@@ -122,7 +122,7 @@ func TestRequestMsgDataEncodeDecode(t *testing.T) {
 		{
 			testName: "in asset ID, out asset ID zero, " +
 				"no asset group keys, suggested tick rate",
-			version:            0,
+			version:            V1,
 			id:                 id,
 			expiry:             expiry,
 			assetMaxAmount:     1000,
@@ -135,7 +135,7 @@ func TestRequestMsgDataEncodeDecode(t *testing.T) {
 		{
 			testName: "in asset ID, out asset ID zero, no asset " +
 				"group keys",
-			version:            0,
+			version:            V1,
 			id:                 id,
 			expiry:             expiry,
 			assetMaxAmount:     1000,
@@ -148,7 +148,7 @@ func TestRequestMsgDataEncodeDecode(t *testing.T) {
 		{
 			testName: "in asset group key, out asset " +
 				"ID zero",
-			version:            0,
+			version:            V1,
 			id:                 id,
 			expiry:             expiry,
 			assetMaxAmount:     1000,
@@ -160,7 +160,7 @@ func TestRequestMsgDataEncodeDecode(t *testing.T) {
 		{
 			testName: "in asset ID zero, out asset " +
 				"group key",
-			version:            0,
+			version:            V1,
 			id:                 id,
 			expiry:             expiry,
 			assetMaxAmount:     1000,
diff --git a/rfqmsg/sell_request.go b/rfqmsg/sell_request.go
index 9290bf78b..445b88932 100644
--- a/rfqmsg/sell_request.go
+++ b/rfqmsg/sell_request.go
@@ -15,7 +15,7 @@ import (
 const (
 	// latestSellRequestVersion is the latest supported sell request wire
 	// message data field version.
-	latestSellRequestVersion = V0
+	latestSellRequestVersion = V1
 )
 
 // SellRequest is a struct that represents a asset sell quote request.