diff --git a/tests/serialization_cases.py b/tests/serialization_cases.py
index 2a6bd094..c1e7645e 100644
--- a/tests/serialization_cases.py
+++ b/tests/serialization_cases.py
@@ -16,9 +16,9 @@ from zipline.finance.risk.period import RiskMetricsPeriod
 from zipline.finance.risk.report import RiskReport
 from zipline.finance.slippage import (
     FixedSlippage,
-    Transaction,
     VolumeShareSlippage
 )
+from zipline.finance.transaction import Transaction
 from zipline.protocol import Account
 from zipline.protocol import Portfolio
 from zipline.protocol import Position as ProtocolPosition
diff --git a/tests/test_perf_tracking.py b/tests/test_perf_tracking.py
index 9ffe4a41..bb3a766f 100644
--- a/tests/test_perf_tracking.py
+++ b/tests/test_perf_tracking.py
@@ -36,7 +36,7 @@ from six.moves import range, zip
 import zipline.utils.factory as factory
 import zipline.finance.performance as perf
 from zipline.finance.performance import position_tracker
-from zipline.finance.slippage import Transaction, create_transaction
+from zipline.finance.transaction import Transaction, create_transaction
 import zipline.utils.math_utils as zp_math
 
 from zipline.gens.composites import date_sorted_sources
diff --git a/zipline/finance/performance/position_tracker.py b/zipline/finance/performance/position_tracker.py
index 114c5570..8c5c3037 100644
--- a/zipline/finance/performance/position_tracker.py
+++ b/zipline/finance/performance/position_tracker.py
@@ -28,7 +28,7 @@ except ImportError:
 from six import iteritems, itervalues
 
 from zipline.protocol import Event, DATASOURCE_TYPE
-from zipline.finance.slippage import Transaction
+from zipline.finance.transaction import Transaction
 from zipline.utils.serialization_utils import (
     VERSION_LABEL
 )
diff --git a/zipline/finance/slippage.py b/zipline/finance/slippage.py
index 6bea1caf..52866e90 100644
--- a/zipline/finance/slippage.py
+++ b/zipline/finance/slippage.py
@@ -1,5 +1,5 @@
 #
-# Copyright 2014 Quantopian, Inc.
+# Copyright 2015 Quantopian, Inc.
 #
 # Licensed under the Apache License, Version 2.0 (the "License");
 # you may not use this file except in compliance with the License.
@@ -23,7 +23,7 @@ from functools import partial
 
 from six import with_metaclass
 
-from zipline.protocol import DATASOURCE_TYPE
+from zipline.finance.transaction import create_transaction
 from zipline.utils.serialization_utils import (
     VERSION_LABEL
 )
@@ -52,66 +52,6 @@ def transact_partial(slippage, commission):
     return partial(transact_stub, slippage, commission)
 
 
-class Transaction(object):
-
-    def __init__(self, sid, amount, dt, price, order_id, commission=None):
-        self.sid = sid
-        self.amount = amount
-        self.dt = dt
-        self.price = price
-        self.order_id = order_id
-        self.commission = commission
-        self.type = DATASOURCE_TYPE.TRANSACTION
-
-    def __getitem__(self, name):
-        return self.__dict__[name]
-
-    def to_dict(self):
-        py = copy(self.__dict__)
-        del py['type']
-        return py
-
-    def __getstate__(self):
-
-        state_dict = copy(self.__dict__)
-
-        STATE_VERSION = 1
-        state_dict[VERSION_LABEL] = STATE_VERSION
-
-        return state_dict
-
-    def __setstate__(self, state):
-
-        OLDEST_SUPPORTED_STATE = 1
-        version = state.pop(VERSION_LABEL)
-
-        if version < OLDEST_SUPPORTED_STATE:
-            raise BaseException("Transaction saved state is too old.")
-
-        self.__dict__.update(state)
-
-
-def create_transaction(event, order, price, amount):
-
-    # floor the amount to protect against non-whole number orders
-    # TODO: Investigate whether we can add a robust check in blotter
-    # and/or tradesimulation, as well.
-    amount_magnitude = int(abs(amount))
-
-    if amount_magnitude < 1:
-        raise Exception("Transaction magnitude must be at least 1.")
-
-    transaction = Transaction(
-        sid=event.sid,
-        amount=int(amount),
-        dt=event.dt,
-        price=price,
-        order_id=order.id
-    )
-
-    return transaction
-
-
 class LiquidityExceeded(Exception):
     pass
 
diff --git a/zipline/finance/transaction.py b/zipline/finance/transaction.py
new file mode 100644
index 00000000..74052872
--- /dev/null
+++ b/zipline/finance/transaction.py
@@ -0,0 +1,82 @@
+#
+# Copyright 2015 Quantopian, Inc.
+#
+# Licensed under the Apache License, Version 2.0 (the "License");
+# you may not use this file except in compliance with the License.
+# You may obtain a copy of the License at
+#
+#     http://www.apache.org/licenses/LICENSE-2.0
+#
+# Unless required by applicable law or agreed to in writing, software
+# distributed under the License is distributed on an "AS IS" BASIS,
+# WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+# See the License for the specific language governing permissions and
+# limitations under the License.
+from __future__ import division
+
+from copy import copy
+
+from zipline.protocol import DATASOURCE_TYPE
+from zipline.utils.serialization_utils import (
+    VERSION_LABEL
+)
+
+
+class Transaction(object):
+
+    def __init__(self, sid, amount, dt, price, order_id, commission=None):
+        self.sid = sid
+        self.amount = amount
+        self.dt = dt
+        self.price = price
+        self.order_id = order_id
+        self.commission = commission
+        self.type = DATASOURCE_TYPE.TRANSACTION
+
+    def __getitem__(self, name):
+        return self.__dict__[name]
+
+    def to_dict(self):
+        py = copy(self.__dict__)
+        del py['type']
+        return py
+
+    def __getstate__(self):
+
+        state_dict = copy(self.__dict__)
+
+        STATE_VERSION = 1
+        state_dict[VERSION_LABEL] = STATE_VERSION
+
+        return state_dict
+
+    def __setstate__(self, state):
+
+        OLDEST_SUPPORTED_STATE = 1
+        version = state.pop(VERSION_LABEL)
+
+        if version < OLDEST_SUPPORTED_STATE:
+            raise BaseException("Transaction saved state is too old.")
+
+        self.__dict__.update(state)
+
+
+def create_transaction(event, order, price, amount):
+
+    # floor the amount to protect against non-whole number orders
+    # TODO: Investigate whether we can add a robust check in blotter
+    # and/or tradesimulation, as well.
+    amount_magnitude = int(abs(amount))
+
+    if amount_magnitude < 1:
+        raise Exception("Transaction magnitude must be at least 1.")
+
+    transaction = Transaction(
+        sid=event.sid,
+        amount=int(amount),
+        dt=event.dt,
+        price=price,
+        order_id=order.id
+    )
+
+    return transaction