$\circ$ is the symbol used for compositions of functions. For example, the effect of $f \circ g$ is to "apply" $g$ first, then $f$.
Compositions of relations, on the other hand, are denoted with $\odot$ apparently. The effect of $R \odot S$ is to apply $R$ first, and then $S$ (the opposite of function compositions), and that's why the different notation ($\odot$ vs. $\circ$) is used.
But on this site for example I've seen only $\circ$ be used, even in the context of relations. I haven't been able to figure out whether $R \circ S$ is applying the relation $R$ first or the relation $S$ first.
Does the type of operator you use ($\odot$ or $\circ$) change which relation you apply first?
You should be prepared for any symbol to be used for binary operations. Within some areas of maths particular symbols tend to be used for particular compositions but this is not standardized across all mathematical disciplines.
In fact I am sure I can find books with $f \circ g$ meaning apply $f$ first.