NU Online News Service, Oct. 07, 2:25 p.m. EDT

The 15th named storm of the 2010 Atlantic hurricane season has formed, but it is not expected to pose a threat to the United States or the Caribbean.

Subtropical Storm Otto is located about 230 miles northeast of Grand Turk Island and has sustained winds of 65 mph, according to the National Hurricane Center (NHC).

The system is subtropical in nature, which means, according to modeler Risk Management Solutions (RMS), that it has some characteristics of both a tropical and an extratropical storm.

Otto is expected to strengthen and become a hurricane late today, according to Neena Saith, senior catastrophe response manager at RMS. She said models are consistently forecasting the system to drift to the northeast, away from the U.S.

The NHC said Otto is forecast to merge with a frontal system within 72 hours to form an extratropical cyclone that could affect the Azores Islands in 96 to 120 hours. The islands are about 930 miles west of Portugal.

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