diff --git a/catalyst/exchange/exchange_blotter.py b/catalyst/exchange/exchange_blotter.py
index dc612891..365682c7 100644
--- a/catalyst/exchange/exchange_blotter.py
+++ b/catalyst/exchange/exchange_blotter.py
@@ -5,7 +5,7 @@ from catalyst.constants import LOG_LEVEL
 from catalyst.finance.blotter import Blotter
 from catalyst.finance.commission import CommissionModel
 from catalyst.finance.slippage import SlippageModel
-from catalyst.finance.transaction import Transaction, create_transaction
+from catalyst.finance.transaction import create_transaction
 
 log = Logger('exchange_blotter', level=LOG_LEVEL)
 
@@ -13,8 +13,8 @@ log = Logger('exchange_blotter', level=LOG_LEVEL)
 # Orders won't often close at Equity levels.
 # TODO: should work with set_commission and set_slippage
 DEFAULT_SLIPPAGE_SPREAD = 0.0001
-DEFAULT_MAKER_FEE = 0.15
-DEFAULT_TAKER_FEE = 0.25
+DEFAULT_MAKER_FEE = 0.0015
+DEFAULT_TAKER_FEE = 0.0025
 
 
 class TradingPairFeeSchedule(CommissionModel):