[This message was posted by Jack Du of  <[email protected]> to the "Foreign 
Exchange" discussion forum at http://fixprotocol.org/discuss/1. You can reply 
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Thanks Pritam.  My understanding is now crystal-clear after going thru the 
Volume 7:

35=V - Tag 63 and Tag 64 are optional.  If a request is sent without either Tag 
63 or Tag 64 specified, the Initiator could receive a significance amount of 
information.  The Respondent may respond with a price stream of ALL available 
tenors for the currency pair.

35=W - Tag 63 and Tag 64 are required and will be sent to the Initiator, no 
matter Initiator has included them or not in the previous 35=V.

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