user9959: Sorry for the vague question, I will improve it once I get an answer...
In the picture bellow I marked two "Instruments" that are being used for trading on ICBIT. I don't understand what the difference is and why the value of one is so much higher than the other. 

Any help understanding what that means would be great

user8728: The number after the BTC/USD is the settlement date of that particular futures contract.
You can find a list of all ICBIT futures in this page, and clicking on one will show you all the details, for example: BTC/USD-12.13
As for why the prices are different, it's somewhat outside the scope of a Bitcoin discussion. I really suggest you read up on Futures Contracts. Make sure to fully understand the nature of Futures trading before investing in it.

9959: <p>Sorry for the vague question, I will improve it once I get an answer...</p>

<p>In the picture bellow I marked two "Instruments" that are being used for trading on ICBIT. I don't understand what the difference is and why the value of one is so much higher than the other. </p>

<p><img src="https://i.stack.imgur.com/XDId9.png" alt="enter image description here"></p>

<p>Any help understanding what that means would be great</p>
 8728: <p>The number after the BTC/USD is the settlement date of that particular futures contract.</p>

<p>You can find a list of all ICBIT futures in this <a href="https://icbit.se/futures" rel="nofollow">page</a>, and clicking on one will show you all the details, for example: <a href="https://icbit.se/BUZ3" rel="nofollow">BTC/USD-12.13</a></p>

<p>As for why the prices are different, it's somewhat outside the scope of a Bitcoin discussion. I really suggest you read up on <a href="http://en.wikipedia.org/wiki/Futures_contract" rel="nofollow">Futures Contracts</a>. Make sure to fully understand the nature of Futures trading before investing in it.</p>
