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Nostradamus Upgrades Prediction Service

London-based Nostradamus Systems, a provider of neural network FX predictions, has launched a new version of its intraday prediction service on Reuters 3000Xtra. The Kobra sheet takes existing Reuters IDN information and displays it in a new user-friendly graphical format, and then adds the Nostradamus Compass dial from the company’s Internet service.

Tim Finch, managing director of Nostradamus, says, “With all existing and future Reuters users moving onto 3000Xtra, we wanted to use the new format’s ability to pull in elements from our Reuters and Internet services. The new service is aimed at both spot and option traders looking for an unbiased prediction of intraday direction and strength of momentum, and is ideal for short term hedging and position maintenance.”

Nostradamus says the new service is currently available on free trial over Reuters until the end of July 2002, and that users should register at the company’s website to obtain a password.

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