Maybe a better solution inspired by Gonzalo's
\documentclass{article}
\usepackage{amsmath}
\def\doubleprod#1#2{\ooalign{$#1\prod$\cr$#1\coprod$\cr}}
\def\ddoubleprod#1#2{\ooalign{\hidewidth$#1\onebullet$\hidewidth\cr$#1\Rprod$\cr}}
\def\dddoubleprod#1#2{\ooalign{\hidewidth$#1\twobullets$\hidewidth\cr$#1\Rprod$\cr}}
\def\onebullet{\mathchoice
{\vcenter{\hbox{$\bullet$}}}
{\vcenter{\hbox{$\scriptstyle\bullet$}}}
{\vcenter{\hbox{$\scriptscriptstyle\bullet$}}}
{\vcenter{\hbox{$\cdot$}}}
}
\def\twobullets{\mathchoice
{\vcenter{\offinterlineskip\hbox{$\bullet$}\kern.2ex\hbox{$\bullet$}}}
{\vcenter{\offinterlineskip\hbox{$\scriptstyle\bullet$}\kern.2ex\hbox{$\scriptstyle\bullet$}}}
{\vcenter{\offinterlineskip\hbox{$\scriptscriptstyle\bullet$}\kern.1ex\hbox{$\scriptscriptstyle\bullet$}}}
{\vcenter{\offinterlineskip\hbox{$\cdot$}\kern-1.4ex\hbox{$\cdot$}}}
}
\DeclareMathOperator*{\Rprod}{\mathpalette\doubleprod\relax}
\DeclareMathOperator*\Dprod{\mathpalette\ddoubleprod\relax}
\DeclareMathOperator*\DDprod{\mathpalette\dddoubleprod\relax}
\begin{document}
$\displaystyle\prod_{n\in I}\Rprod_{n\in I}a_{n}X_{\Rprod_{\Rprod}}\textstyle\Rprod$
$\displaystyle\prod_{n\in I}\Dprod_{n\in I}a_{n}X_{\Dprod_{\Dprod}}\textstyle\Dprod$
$\displaystyle\prod_{n\in I}\DDprod_{n\in I}a_{n}X_{\DDprod_{\DDprod}}\textstyle\DDprod$
\end{document}
The \prod are only to check for proper alignment of the subscript.
If you need only the symbol shown in the first line, then
\def\doubleprod#1#2{\ooalign{$#1\prod$\cr$#1\coprod$\cr}}
\DeclareMathOperator*{\Rprod}{\mathpalette\doubleprod\relax}
is sufficient.
