Still Matching Futures in Excel? Here's What You're Actually Risking

Manual futures matching creates risk that compounds quietly - FIFO and LIFO tracked by hand, broker-specific logic handled offline, accruals out of sync with settlement. Poor matching cascades into inaccurate reporting, delayed clearing, and a PnL trail that nobody fully trusts. And with every new contract added to the book, that exposure grows.
Coral's native futures matching engine fixes this at the root. All major matching methods - FIFO, LIFO, Most Gain, Least Gain - are built in, configurable at the exchange, broker, and clearing account level, and run automatically or manually for full and partial matches. Trades close in Coral exactly as they close at the clearing broker, with real-time match visibility, rollback capabilities, and a clear audit trail from position to PnL. No workarounds. No reconciliation. Straight-through processing, embedded in the transactional core.


