Jonathan Auerbach, who explored new frontiers for investors as co-founder of Auerbach Grayson & Co., a brokerage that specializes in international trading, has died at 70, Bloomberg newswire reported.

Founded in 1993 by Auerbach and David Grayson, who were co- Managing Directors, Auerbach Grayson provides research, execution and settlement of trades in international securities for U.S. clients, utilizing a global network of brokerage partners.

Auerbach Gayson has a large portfolio of Sri Lankan stocks and has a partnership with a local broking firm.