The Financial Post reports in its Saturday, Oct. 5, edition that a handful of secretive businesses, including Jane Street and Citadel Securities, have stolen a march on the big banks. A Financial Times dispatch to the Post reports that in Manhattan, Goldman Sachs and Jane Street are separated by a street, a century and a 160-per-cent average pay gap. Goldman and its rival investment banks were once the titans of trading. Now it is Jane Street that paid an average of over $900,000 (U.S.) per employee last year, compared with Goldman's $340,000 (U.S.), according to FT calculations. The upstart, founded at the turn of the millennium, is among a handful of highly secretive trading firms -- also including Citadel Securities, Susquehanna International Group, XTX Markets and DRW -- to have capitalized on the electronification of financial markets to seize market share from less nimble and more heavily regulated banking stalwarts, reshaping Wall Street's trading landscape in the process. Geneva Trading president Rob Creamer says, "The banks just didn't appreciate how electronic markets and the efficiency of these firms would ultimately make them the dominant force in trading."